About the Report
The State of the Channel (SoC) report is HARDI’s thorough analysis of the present and future state of the HVACR industry, including its size, structure, and market segments. By combining a macro-level overview of the broader economy with a focused analysis of HVACR trends, the SoC report offers HARDI members detailed insights into the challenges and opportunities in wholesale distribution.
New to the 2025 Edition:
Regional-level market summaries and outlooks
A detailed HFC supply outlook and Technology Transition Rule update
Key threats assessment + insights on where businesses should prioritize investments
Topics Covered:
Market Outlooks
Residential Market Outlook
Non-Residential Market Outlook
Regulatory Updates and Future Outlook
M&A Trends and Outlook
Residential Sector Outlook
Non-residential Outlook
Supply Chain Status and Outlook
Inflation Reduction Act
Details on HFC Phasedown
Industry Benchmarks
U.S. Addressable Market Channel Share
Wholesale Channel Performance
Residential HVAC Performance & Drivers
Light Commercial, Applied, Commercial, and Industrial Refrigeration Performance
Voice of the Supplier & Voice of Contractor Survey Results
Regional Market Summaries
Central
Great Lakes
Mid-Atlantic
Northeast
Southeast
Southwest
West
More From the Report
HVAC/R and Water Heater Sales in 2024
$ Billion in total contractor purchases
$ Billion in Residential contractor purchases
$ Billion in nonresidential contractor purchases
Total growth of plumbing, heating, and air conditioning contractor sales since 2019
Have Questions?
We're here to help! If you have comments, questions or feedback, please contact HARDI's Director of Market Intelligence, Tim Fisher.
