HVAC Statistics 2024 - Everything You Need to Know

Are you looking to add HVAC to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important HVAC statistics of 2024.

My team and I scanned the entire web and collected all the most useful HVAC stats on this page. You don’t need to check any other resource on the web for any HVAC statistics. All are here only 🙂

How much of an impact will HVAC have on your day-to-day? or the day-to-day of your business? Should you invest in HVAC? We will answer all your HVAC related questions here.

Please read the page carefully and don’t miss any word. 🙂

On this page, you’ll learn about the following:

Best HVAC Statistics

Best HVAC Statistics

☰ Use “CTRL+F” to quickly find statistics. There are total 150 HVAC Statistics on this page 🙂

HVAC Usage Statistics

In a typical New Jersey home, the HVAC system represents up to 48% of total household energy usage, according to the U.S. Department of Energy. ^[0]
During the winter, your heating system represents up to 42% of your monthly energy usage. ^[0]
By simply replacing the air filters every few months, for example, you can reduce your air conditioner’s energy consumption by 5 to 15% In addition to reducing your energy usage, many of these steps can also significantly improve your comfort. ^[0]

HVAC Market Statistics

Its massive CAGR of about 4% will translate into it reaching an estimated market size of $370 billion by 2030, showing significant HVAC industry growth. ^[1]
38.4% of the market share is owned by two companies, Ingersoll Rand (20.5%), parent company of Trane and American Standard, and Carrier (17.9%). ^[2]
The size of the global air conditioning market was $102.02 billion in 2018 and is expected to register a CAGR of 9.9% from 2019 to 2025. ^[3]
According to the new research study by Future Market Insights , the global HVAC systems market is expected to reach $370 billion by 2030. ^[3]
The U.S. HVAC services market was valued at $57.8 billion in 2020 and is expected to reach $82.5 billion by 2026 and grow at a CAGR of 6.1% from 2021 to 2026. ^[3]
It is an exciting time for air conditioning manufacturers, with the global air conditioning market size was $102.02 billion in 2018 and is expected to register a CAGR of 9.9% from 2019 to 2025. ^[3]
Back in 2020, the HVAC market in the United States was estimated to pull in 57 billion dollars. ^[4]
Today, there are 33M homes with smart thermostats in the US, with 20% of spending increasing on climate control of the growing market each year since 2016. ^[5]
HVAC businesses need to market online 94 percent of Facebook Ad revenue comes directly from mobile users. ^[5]
they make up just only 1 percent of the HVAC market and only about 40,000 of them were installed in U.S. homes every year. ^[5]
Despite any advertising or marketing you’ve done, 84% of HVAC customers say they did not have a particular company in mind when searching. ^[6]
The global home services market is expected to grow 18.91% per year from 2019. ^[7]
84% of marketers report phone calls having higher conversion rates with larger order value compared to other forms of engagement. ^[7]
85% of marketers believe inbound calls and phone conversations are a key component of their organization’s digital. ^[7]
48% of marketers have provided or expect to provide enhanced customer experiences as a result of scaling conversation intelligence across the enterprise. ^[7]
43% of marketers have improved or expect to improve customer acquisition and retention as a result of scaling conversation intelligence across the enterprise. ^[7]
Today, more than 33 million homes in the U.S. comprise smart thermostats, with 20% of spending increased on climate control of the market since 2016. ^[8]
According to the survey, more than 50% of the HVAC services market is willing to pay more for eco. ^[8]
The HVAC industry is expected to grow by 11% by 2025 With rising global temperatures every year, the HVAC industry is becoming a bigger part of the major emerging economies on the global market. ^[9]

HVAC Latest Statistics

Employment of heating, air conditioning, and refrigeration mechanics and installers is projected to grow 5 percent from 2020 to 2030, slower than the average for all occupations. ^[10]
Take the differences in installation costs between, for instance, several U.S. cities Installation costs in New York were around 74 percent higher than the average cost for the 30 largest U.S. cities combined. ^[11]
Cities found in the state of Texas made up the other end of that spectrum as costs in San Antonio, Houston and Dallas were between 30 to 40 percent lower than said average. ^[11]
For example, the number of HVAC employees in the UK is forecast to declineby two percent between 2020 and 2025. ^[11]
According to contemporary projections, the number of sold HVAC units in 2024 will surpass 151 million. ^[1]
Furthermore, they made up about 57% of all HVAC units sold that year. ^[1]
The estimated increase of HVAC related job positions between 2018 and 2028 is more than 46,000. ^[1]
In 2017, electrical power comprised 44% of energy use in US households. ^[1]
Meanwhile, natural gas accounted for 43% of residential energy consumption, and fuel oil, kerosene, and propane followed. ^[1]
It’s difficult to pinpoint the percentage, but in 2018, there were over 1.6 billion air conditioners worldwide. ^[1]
Right now, about 90% of US homes have AC. ^[1]
Those numbers are exceptionally high, especially compared to hotter continents like Africa and South America, where only 8% of all households have air conditioning. ^[1]
84 percent of all homes in the United States have some kind of air conditioning. ^[12]
Only 42 percent of homeowners call a professional to perform routine maintenance on their air conditioner. ^[12]
Air conditioners that go through regular HVAC maintenance last 40 percent longer. ^[12]
5 percent of all the electricity produced in the US is from residential air conditioning, which cost more than $11 billion to homeowners. ^[12]
Summer peak electricity demand is about 22 percent higher than the height of demand in the winter. ^[12]
Studies show that about 5.5 percent of U.S. passenger vehicle fuel use goes toward running the air conditioning. ^[12]
30 percent goes toward A/C, 17 percent toward refrigeration, and 4 percent toward fans. ^[12]
83% of consumers ranked something other than Cost as their top priority when deciding their HVAC purchase. ^[2]
38% of consumers ranked System Reliability as their top priority in choosing HVAC equipment. ^[2]
Just 7% chose their HVAC system based on Brand Reputation. ^[2]
79% of survey respondents prefer equipment made in the United States, with 53% stating they buy American even when it costs more than imported options. ^[2]
74% of respondents were 45 and older. ^[2]
65.7% of HVAC expenditures were $7,000 or below. ^[2]
87% were unclear on the difference between standard split HVAC systems and ductless mini split systems. ^[2]
73.9% of consumers made their HVAC purchase after consulting at least one online review site. ^[2]
Google at 37.5% was used more than all other review platforms at 36.4%. ^[2]
Note that Reputable Brand rates just 7%. ^[2]
Fifteen years ago, or even ten, Efficiency would not have received 17% of the vote – equal to cost. ^[2]
We think our data confirms the reason Consumers 50+ are more likely to own their own home or homes. ^[2]
Finally, the Other category at 28.2% might surprise some readers. ^[2]
Are there enough brands to make up 28.2%, yet each brand accounts for less than 2%?. ^[2]
Most of these lessthan 2% brands have an identical counterpart on the list Carrier/Bryant– Payne sells a smaller lineup of products, but it is a Carrier brand. ^[2]
Nortek Global –This large HVAC manufacturer makes several brands that fall below the 2% threshold in sales. ^[2]
According to projections, the number of sold HVAC units in 2024 will surpass 151 million. ^[3]
In the US, 87% of homes have air conditioning. ^[3]
12% of the average home’s yearly energy expenditure is spent on air conditioning. ^[3]
In the U.S. and Japan, more than 90% of households have air conditioning, while less than 8% of their combined population do not have air conditioning. ^[3]
Air conditioning is used in most American homes, and according to the latest EIA Residential Energy Consumption Survey, home cooling costs averaged $265 in 2015, or 12% of all home energy expenses. ^[3]
Today, just 31% of the world’s households own an air conditioner. ^[3]
In countries such as the United States and Japan, 90%+ of households have air conditioning, while less than 8% of the 2.8 billion people living in these countries do not have air conditioning. ^[3]
Japan ranked the highest in airconditioning penetration, with 91% of Japanese households having some form of air. ^[3]
12% of household energy costs are associated with air conditioning. ^[3]
In the hot humid region, 94% of households use air conditioning, which makes up 27% of home energy expenses. ^[3]
The lowest 10% make less than the median wage. ^[3]
According to the Australian Bureau of Statistics, an HVAC technician in Australia makes as much as $82,875 per year, with entry level workers starting at $73,125 and more experienced technicians taking home up to $97,500 per year. ^[3]
Air conditioners about 6% of all the electricity in the United States, at a cost of over $29 billion a year. ^[0]
According to the DOE, properly sealing and insulating your ducts can reduce heating and cooling costs by up to 20% Proper maintenance is critical to the efficiency of your HVAC system. ^[0]
That’s a projected industry growth of 6.1%. ^[4]
If you are wondering how likely it will be to find a job once you are a licensed HVAC technician, consider the following statistic the Bureau of Labor estimates that by the year 2028, there will be 46,000 more HVAC jobs created in the US alone. ^[4]
As a result, 46,000 more jobs will be needed to be filled by 2028 which, translates to a 13% increase in job growth. ^[4]
It is estimated that 75% of US households have central air systems installed. ^[4]
A survey of Southern households revealed that more than 67% of residents leave their air conditioner running all day. ^[4]
It is estimated that 43% of Americans utilized utility gas to heat their homes, while 44% have already switched over to electrical heating systems. ^[4]
The HVAC industry is climbing fast By 2026, The Bureau of Labor Statistics expects a 15 percent increase in jobs in the HVAC industry. ^[5]
In fact, only a mere 6% of Facebook’s advertising revenue is from desktop. ^[5]
In fact, nearly 44 percent of workers said the best way to reach them is through texts, not emails in one 2019 workplace communication survey. ^[5]
Green technology cut costs and increase HVAC efficiency When properly maintained, HVAC equipment can last 10 15 years, which draws to the conclusion that a large percentage of the HVAC industry is mostly maintenance. ^[5]
Moreover, 75 percent of utility costs in a home comes from electronics that are in standby or off, including HVAC equipment. ^[5]
With proper insulation, you can lower utility costs and increase HVAC efficiency by up to 30 percent. ^[5]
2.6% of all Hvac Technicians are women, while97.4%aremen. ^[13]
The most common ethnicity of Hvac Technicians is White (69.0%), followed by Hispanic or Latino (17.9%) and Black or African American (8.0%). ^[13]
In 2021, women earned 96% of what men earned. ^[13]
The top 10% of highest paid Hvac Technicians earn as much as $70,000 or more. ^[13]
Comparatively, there are 17.9% of the Hispanic or Latino ethnicity and 8.0% of the Black or African American ethnicity. ^[13]
White, 69.0% Hispanic or Latino, 17.9% Black or African American, 8.0% Asian, 2.4% Unknown, 2.1% American Indian and Alaska Native, 0.6%. ^[13]
Using the Census Bureau data, we found out how the percentage of each ethnic category trended between 2010 2019 among Hvac Technicians. ^[13]
Interestingly enough, the average age of Hvac Technicians is 40+ years old, which represents 54% of the population. ^[13]
The most common degree for Hvac Technicians is Associate Degree 29% of Hvac Technicians earn that degree. ^[13]
A close second is High School Diploma with 24% and rounding it off is Diploma with 17%. ^[13]
Associate, 29% High School Diploma, 24% Diploma, 17% Bachelors, 10% Other Degrees, 20% Hvac Technician Wage Gap By Education Hvac Technician Employment Statistics. ^[13]
By looking over 22,169 Hvac Technicians resumes, we figured out that the average Hvac Technician enjoys staying at their job for 1 2 years for a percentage of 32%. ^[13]
Time Lock Expert 9.57% Juke Box Mechanic 6.29% Commercial Door Installer 3.67% Line Maintenance 3.55% Hvac Technician 2.14% Mill Dresser 2.02% Line Installer Apprentice 1.27% Profession. ^[13]
The most common foreign language among Hvac Technicians is Spanish at 54.5%. ^[13]
The secondmost popular foreign language spoken is Carrier at 24.1% and French is the third most popular at 3.4%. ^[13]
Spanish, 54.5% Carrier, 24.1% French, 3.4% Russian, 2.2% Arabic, 2.2% Other, 13.6%. ^[13]
The average homeowner is 55 years old, according to a survey of the country’s 50 largest metro areas. ^[6]
A record 25.1% of US homeowners have lived in the same house for more than 20 years — that’s up from 14.3% in 2010. ^[6]
65% of customers report switching to a different brand or company because they had a poor customer experience. ^[6]
When customer service is good, the picture changes completely 73% of customers say they remain loyal to companies when there’s strong customer service. ^[6]
If customers experience excellent customer service, 94% of customers say they are likely to make repeat purchases and 78% of customers will do business with you again even if you make a mistake. ^[6]
90% of customers use the internet to find local businesses. ^[6]
62% search online for HVAC repair services. ^[6]
In the majority of home services verticals, over 55% of consumers run a search before scheduling an appointment. ^[7]
78% of local searches on mobile devices lead to a purchase within 24 hours. ^[7]
9. 86% of consumers read reviews for local businesses. ^[7]
This includes 95% of 18 to 34 year old consumers. ^[7]
82% of buyers find review sites valuable in their search. ^[7]
57% of consumers will only use a business if it has 4 or more stars on local reviews. ^[7]
40% of home services consumers who call from search make a purchase. ^[7]
Callers convert 30% faster than web leads. ^[7]
Caller retention rate is 28% higher than web lead retention rate. ^[7]
41% of organizations report having increased phone conversion rates by 25% or more in the past 12 months. ^[7]
18% of home services calls go unanswered on weekdays, while 41% go unanswered on weekends. ^[7]
80% of customers say the experience a company provides is as important as its products and services. ^[7]
65% of consumers have cut ties with a brand over a single poor customer service experience. ^[7]
32% of consumers say phone calls are the most frustrating customer service channel. ^[7]
According to the survey conducted in 2019, 88% of respondents from HVAC services conveyed it was an “excellent” year considering their business. ^[8]
43% among them expected 5 10% growth for their business. ^[8]
It has been predicted that the HVAC industry will see a 13% growth by 2028. ^[8]
Most people rely on mobile devices, and roughly 45% of HVAC workers say they prefer texting instead of emails to communicate. ^[8]
It is found that 78% of younger consumers expect customer service representatives to know everything about their purchase and contact as soon as they start interacting. ^[8]
Since the average individual spends 90% of his or her time indoors, this is a serious problem. ^[14]
Reducing exposure to sources of pollution Maintaining optimal humiditybetween 30 and 50 percent. ^[14]
Among Hvac Installers, 2.4% of them are women compared to 97.6% which are men. ^[15]
Job Title Male Female Mender 16% 84% Hydraulic Press Servicer 22% 78% Assigner 34% 66% Hvac Installer 98% 2% Flooring Mechanic 99% 1% Machine Repairman 100% 0% Millwright Supervisor 100% 0%. ^[15]
The most common ethnicity among Hvac Installers is White, which makes up 68.6% of all Hvac Installers. ^[15]
Comparatively, there are 17.8% of the Hispanic or Latino ethnicity and 8.4% of the Black or African American ethnicity. ^[15]
White, 68.6% Hispanic or Latino, 17.8% Black or African American, 8.4% Asian, 2.5% Unknown, 2.1% American Indian and Alaska Native, 0.6% Hvac Installer Race Percentages. ^[15]
Using the Census Bureau data, we found out how the percentage of each ethnic category trended between 2010 2019 among Hvac Installers. ^[15]
Interestingly enough, the average age of Hvac Installers is 40+ years old, which represents 54% of the population. ^[15]
42% of Hvac Installers earn that degree. ^[15]
A close second is Associate Degree with 19% and rounding it off is Diploma with 15%. ^[15]
High School Diploma, 42% Associate, 19% Diploma, 15%. ^[15]
Other Degrees, 16% Hvac Installer Degree Percentages Hvac Installer Wage Gap By Education. ^[15]
By looking over 7,330 Hvac Installers resumes, we figured out that the average Hvac Installer enjoys staying at their job for 1 2 years for a percentage of 32%. ^[15]
Title LGBT Job Openings Class A Lineman 1.27% 110,443 Roller Mechanic 2.02% 37,272 Hvac Installer 2.14% General Maintenance Mechanic 3.55% 167,263 Commercial Door Installer 3.67% 39,934 Slot Technician 6.29% 125,820 Keysmith 9.57% 8000.00%. ^[15]
The most common foreign language among Hvac Installers is Spanish at 74.7%. ^[15]
The secondmost popular foreign language spoken is Carrier at 10.8% and French is the third most popular at 6.0%. ^[15]
Spanish, 74.7% Carrier, 10.8% French, 6.0% Polish, 2.4% Italian, 2.4% Other, 3.7% Foreign Language Percentages. ^[15]
Approximately 80% of customers expect businesses to maintain good relationships and know their purchase history. ^[9]
Nearly 50% of technicians and customers say they prefer text rather than email. ^[9]
16 17 18 Cumulative % of Systems Replaced 2% 3% 4% 5% 9% 16% 24% 33% 41% 53%. ^[16]
Labor costs are estimated between $39 and $156 while parts are priced between $140 and $342. ^[16]
Oct. Nov. Dec. 7.50% 7.10% 7.40% 8.60% 8.40% 9.60% 9.80% 8.90% 7.90% 8.40% 8.50% 7.90% Heating and cooling degree days are a tool used to normalize energy use across different areas. ^[16]
The push for more efficient air conditioners and heat pumps aims to trim the 30 percent share of residential electrical energy use devoted to cooling and heating. ^[17]
The number of people employed in the HVAC Service Franchises industry in the US increased 0.9% on average over the five years between 2017 and 2024. ^[18]

I know you want to use HVAC Software, thus we made this list of best HVAC Software. We also wrote about how to learn HVAC Software and how to install HVAC Software. Recently we wrote how to uninstall HVAC Software for newbie users. Don’t forgot to check latest HVAC statistics of 2024.

Reference

arcticac – https://www.arcticac.com/blog/9-statistics-hvac-energy-consumption/.
comfyliving – https://comfyliving.net/hvac-statistics/.
pickhvac – https://www.pickhvac.com/residential-hvac-statistics/.
getonedesk – https://www.getonedesk.com/hvac-statistics.
hvacwebmasters – https://www.hvacwebmasters.com/hvac-industry-statistics/.
servicefusion – https://www.servicefusion.com/blog/10-surprising-hvac-industry-statistics-trends-you-need-to-know.
gorizen – https://blog.gorizen.com/hvac-market-statistics.
invoca – https://www.invoca.com/blog/home-services-marketing-stats.
eds – https://www.eds.tech/hvac-industry-trends-statistics-you-must-know-to-survive-in-2021-and-ahead/.
fieldinsight – https://www.fieldinsight.com/blog/hvac-industry-statistics/.
bls – https://www.bls.gov/ooh/installation-maintenance-and-repair/heating-air-conditioning-and-refrigeration-mechanics-and-installers.htm.
statista – https://www.statista.com/topics/5225/hvac-industry/.
warnerservice – https://www.warnerservice.com/shocking-air-conditioning-statistics.
zippia – https://www.zippia.com/hvac-technician-jobs/demographics/.
yourairexperts – https://yourairexperts.com/blog/indoor-air-quality-statistics/.
zippia – https://www.zippia.com/hvac-installer-jobs/demographics/.
comfortmonster – https://comfortmonster.com/knowledge-center/raleigh-hvac-repair-statistics/.
nist – https://www.nist.gov/news-events/news/2014/11/underperforming-energy-efficiency-hvac-equipment-suffers-due-poor.
ibisworld – https://www.ibisworld.com/industry-statistics/employment/hvac-service-franchises-united-states/.

How Useful is Hvac

One of the primary functions of HVAC systems is regulating temperature. Whether it’s a scorching summer day or a freezing winter night, HVAC systems allow us to create a comfortable indoor environment that is conducive to productivity and relaxation. By adjusting the temperature to our liking, we can ensure that we stay cool in the summer heat and warm in the winter chill.

But HVAC systems do much more than just regulate temperature. They also play a crucial role in providing ventilation, ensuring that fresh air circulates throughout indoor spaces. Proper ventilation is essential for maintaining indoor air quality, which is particularly important in preventing the spread of airborne illnesses and allergens. In workplaces and public buildings, HVAC systems help ensure that employees and visitors are breathing in clean, fresh air.

In addition to regulating temperature and providing ventilation, HVAC systems also help control humidity levels. High humidity can lead to mold growth and increase the likelihood of respiratory issues, while low humidity can cause dry skin and respiratory irritation. By maintaining optimal humidity levels, HVAC systems help create a healthy indoor environment that promotes our well-being.

Another key benefit of HVAC systems is their ability to filter out pollutants and allergens from the air. From dust and pet dander to pollen and bacteria, indoor air can be filled with all sorts of harmful particles that can exacerbate allergies and respiratory conditions. HVAC filters trap these pollutants, helping to improve indoor air quality and create a healthier living or working environment.

Furthermore, HVAC systems also contribute to energy efficiency and cost savings. By efficiently heating and cooling indoor spaces, HVAC systems help reduce energy consumption, which not only benefits the environment but also helps lower utility bills. Additionally, regular maintenance of HVAC systems can prolong their lifespan and prevent costly repairs, making them a worthwhile investment in the long run.

Overall, it’s evident that HVAC systems are incredibly useful in a variety of ways. They not only provide us with comfort and convenience but also play a critical role in maintaining our health and well-being. From regulating temperature and providing ventilation to filtering out pollutants and reducing energy consumption, HVAC systems have become an indispensable part of our daily lives. As our reliance on HVAC systems continues to grow, it’s essential to recognize and appreciate the invaluable role they play in enhancing our quality of life.

In Conclusion

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HVAC Statistics 2024 – Everything You Need to Know