NAICS 22133 - Steam and Air-Conditioning Supply
This industry comprises establishments primarily engaged in providing steam, heated air, or cooled air. The steam distribution may be through mains.
Industry trends:
The Steam and Air-Conditioning Supply industry (NAICS 22133) is currently experiencing several qualitative trends shaped by evolving market dynamics and technological advancements. A significant trend is the increasing focus on sustainability and energy efficiency. Governments and businesses are prioritizing the reduction of carbon footprints, leading to the adoption of more energy-efficient steam and air-conditioning systems. This shift is being driven by stricter environmental regulations and growing consumer awareness about climate change.
Another trend is the integration of smart technologies. The Internet of Things (IoT) and advanced analytics are increasingly being used to optimize system performance, enhance energy management, and provide predictive maintenance. These technologies help in reducing operational costs and improving reliability, thereby offering significant value to customers.
Moreover, the industry is witnessing a gradual transition towards decentralized energy solutions. Smaller, localized heating and cooling systems are becoming more popular due to their efficiency and ability to integrate with renewable energy sources. This trend is also aligned with the broader move towards microgrids and distributed energy resources.
In the near future, the industry is expected to experience moderate growth, propelled by urbanization and expanding commercial and residential construction activities. Regions with extreme climatic conditions will particularly drive the demand for advanced air-conditioning systems. Additionally, investments in infrastructure and updates to aging systems will contribute to market growth. Companies focusing on innovation, sustainability, and customer-centric solutions are likely to thrive in this evolving landscape.
This industry is comprised of:
Air-conditioning supply
Cooled air distribution
Distribution of cooled air
Distribution of heated air
Distribution of steam heat
Geothermal steam production
Heat, steam, distribution
Heated air distribution
Heating steam (suppliers of heat) providers
Steam heat distribution
Steam heating systems (i.e., suppliers of heat)
Steam production and distribution
Steam supply systems, including geothermal
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.