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Heating & Air Conditioning Equipment Manufacturing in New Hampshire

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NH33341

Heating & Air Conditioning Equipment Manufacturing in New Hampshire industry analysis

The Heating & Air-Conditioning Equipment Manufacturing industry in New Hampshire is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xx locations. Industry employment has increased an annualized x.x% to xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x%. Industry establishments are forecast to stagnate x% to xx locations. Industry employment is expected to increase an annualized x.x% to xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Heating & Air Conditioning Equipment Manufacturing in New Hampshire Market Research Report

What’s Included in the Heating & Air Conditioning Equipment Manufacturing in New Hampshire Market Research Report

Definition of the Heating & Air Conditioning Equipment Manufacturing in New Hampshire?

Companies in this industry manufacture residential, commercial and industrial heating, ventilation, air-conditioning and refrigeration (HVACR) equipment. Industry revenue includes miscellaneous receipts for the resale of products without further manufacturing, contract work done for others on respective items and acknowledgments for repair, scrap and refuse sales. Automotive units are excluded from this industry.

What’s included in the Heating & Air Conditioning Equipment Manufacturing in New Hampshire?

The Heating & Air Conditioning Equipment Manufacturing in New Hampshire includes air-conditioning, warm-air heating and refrigeration equipment, unitary air conditioners, heating equipment (except warm-air furnaces), air purification equipment and commercial and industrial fans and blowers. Related terms covered in the Heating & Air Conditioning Equipment Manufacturing in New Hampshire industry report includes a common type of refrigerant used in air-conditioning systems that has been phased out because it has been proven to contribute to the depletion of the ozone layer, a type of cfc, particularly hcfc-22 or r-22, which was initially thought to be more environmentally friendly than other cfcs but has also been phased out of production and is no longer imported and a chemical compound or coolant used to achieve low temperatures in air conditioning and refrigeration equipment.

Industry Performance of the Heating & Air Conditioning Equipment Manufacturing industry in New Hampshire

Benchmark the Heating & Air Conditioning Equipment Manufacturing in New Hampshire industry performance with all NH county and national performance.

Heating & Air Conditioning Equipment Manufacturing in New Hampshire

#39 in Highest Revenue 0.2% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Heating & Air-Conditioning Equipment Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Heating & Air Conditioning Equipment Manufacturing industry in New Hampshire

See how key industry drivers, such as population, per capita disposable income, new business formation, value of private nonresidential construction, value of residential construction and per capita disposable income are impacting Heating & Air Conditioning Equipment Manufacturing in New Hampshire

New Hampshire Economic Indicators

Population
Per Capita Disposable Income
New Business Formation

View more economic information in NH State Economic profile

US Key External Drivers

Value of private nonresidential construction
Value of residential construction
Per capita disposable income

For the full list of industry drivers, see report purchase options.

County Data of the Heating & Air Conditioning Equipment Manufacturing industry in New Hampshire

Access proprietary data on county in the Heating & Air Conditioning Equipment Manufacturing in New Hampshire, such as Hillsborough County, Rockingham County and Strafford County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Heating & Air Conditioning Equipment Manufacturing industry in New Hampshire

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Heating & Air Conditioning Equipment Manufacturing industry in New Hampshire in 2025?

The market size of the Heating & Air Conditioning Equipment Manufacturing industry in New Hampshire is $150.1m in 2025.

How many businesses are there in the Heating & Air Conditioning Equipment Manufacturing industry in New Hampshire in 2025?

There are 13 businesses in the Heating & Air Conditioning Equipment Manufacturing industry in New Hampshire, which has been growing at an average annual rate of 3.4% from 2020 to 2025.

Has the Heating & Air Conditioning Equipment Manufacturing industry in New Hampshire grown or declined over the past 5 years?

The market size of the Heating & Air Conditioning Equipment Manufacturing industry in New Hampshire has been growing at an average annual rate of 9.6% from 2020 to 2025.

How many employees in the Heating & Air Conditioning Equipment Manufacturing industry in New Hampshire in 2025?

There are 388 employees in the Heating & Air Conditioning Equipment Manufacturing industry in New Hampshire, which has been growing at an average annual rate of 1.4% from 2020 to 2025.