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HRAI Revises Industry Forecast for Commercial Air-Conditioning, Residential Air-Conditioning and Furnace Shipments

The Heating, Refrigeration and Air-conditioning Institute of Canada (HRAI) today issued a revised industry forecast for commercial air-conditioning, residential air-conditioning and furnace shipments for 2010. The original forecast was released in December 2009. The revised forecast projects that shipments of commercial air-conditioning will increase by 4%, residential air-conditioning shipments will increase by 3% and residential furnace shipments will decrease by 3% over the 2009 figures. The 2008, 2009 actuals and revised forecast 2010 figures are as follows:

Commercial air-conditioning: Actual shipments in 2008 were 42,853. The year-end figure for 2009 shows a decrease of 20% to 34,434 while the revised forecast for 2010 projects a 4% increase to 36,000.
Residential air-conditioning: Compared to the actual 2008 shipments of 228,110 the 2009 figure decreased by 15% to 193,483. The revised 2010 forecast shows an increase over 2009 of 3% to 196,000.
Residential furnaces: Actual 2008 shipments were 301,375. The year-end figure for 2009 shows an increase of 15% to 347,694. The revised forecast for 2010 shows a decrease over 2009 of 3% to 336,000.

NOTE: “Residential air-conditioning” means ducted split system air-conditioning and heat pumps up to 5 tons; “commercial air-conditioning” means rooftops (combination heat/cool), packaged cooling and packaged heat pumps; and “furnace” means residential forced air furnaces of all types (gas, oil, electric and combination).

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