Establishments engaged in the production and/or distribution of steam and heated or cooled air for sale.
The steam and air-conditioning supply industry (NAICS 4961) is witnessing several notable qualitative trends. With increasing environmental consciousness, there is a pronounced shift toward sustainable and energy-efficient heating and cooling solutions. Companies are investing in technologies that reduce carbon footprints, such as geothermal heat pumps and advanced district heating systems. There's also a growing adoption of smart HVAC systems that leverage IoT for optimized energy usage and predictive maintenance.
Moreover, regulations and government incentives are driving innovation and the adoption of greener technologies. Renewable energy integration, particularly solar thermal energy, is becoming more prominent in the heating sector. Hybrid systems that combine traditional and renewable energy sources are gaining traction, offering a balanced approach to reliability and sustainability.
Looking ahead, the industry is expected to see continued growth in energy-efficient solutions and digital integration. The smart grid's evolution will further enable better management of steam and air-conditioning supply, enhancing efficiency and reliability. As urbanization and industrial demand increase, the industry will likely expand, with a stronger emphasis on environmentally friendly practices and advanced technology adoption.
Air-conditioning supply services
Cooled air suppliers
Distribution of cooled air
Geothermal steam production
Steam heating systems (suppliers of heat)
Steam supply systems, including geothermal
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
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.
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.