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Home › Industry Metrics › NAICS 2351

NAICS 2351 - Plumbing, Heating, and Air-Conditioning Contractors

NAICS 2351 - PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
NAICS 2351 Plumbing, Heating, and Air-Conditioning Contractors NAICS 2355 Carpentry and Floor Contractors NAICS 2357 Concrete Contractors NAICS 2352 Painting and Wall Covering Contractors NAICS 2353 Electrical Contractors NAICS 2354 Masonry, Drywall, Insulation, and Tile Contractors NAICS 2356 Roofing, Siding, and Sheet Metal Contractors NAICS 2359 Other Special Trade Contractors
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This NAICS Industry Group includes establishments classified in NAICS Industry 23511, Plumbing, Heating, and Air-Conditioning Contractors.

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This NAICS Industry Group includes establishments classified in NAICS Industry 23511, Plumbing, Heating, and Air-Conditioning Contractors.

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NAICS 23 Construction
NAICS 235 Special Trade Contractors
NAICS 2351 Plumbing, Heating, and Air-Conditioning Contractors
NAICS 23511 Plumbing, Heating, and Air-Conditioning Contractors
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Industry trends

The Plumbing, Heating, and Air-Conditioning Contractors industry (NAICS 2351) is currently experiencing several significant trends. Notably, there is an increasing emphasis on sustainable and energy-efficient solutions. This is driven by regulatory pressures and rising consumer demand for environmentally friendly options. Contractors are investing in training and technologies that focus on green building practices, such as installing energy-efficient HVAC systems and water-saving plumbing fixtures.

Another prominent trend is the integration of smart technologies. Homeowners and businesses are seeking advanced systems that allow remote monitoring and control of heating, cooling, and plumbing systems. This includes smart thermostats, leak detectors, and automated maintenance alerts which improve efficiency and reduce operational costs.

Workforce challenges also remain a critical issue, with a shortage of skilled labor impacting the sector. Companies are responding by increasing investments in apprenticeship programs and partnerships with technical schools to cultivate a new generation of skilled workers.

Looking ahead, the industry is expected to continue expanding, fueled by rising construction activity and ongoing urbanization. The focus on sustainability and technology integration will likely intensify, offering new opportunities for growth and differentiation. Those businesses that adapt to these trends by investing in eco-friendly technologies and workforce development are well-positioned to thrive in the future.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 5%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 87%

Loan Failure Rate 7%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 41%

Total Companies in this Industry 95
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Explore related industries

  • NAICS 2351 Plumbing, Heating, and Air-Conditioning Contractors
  • NAICS 23511 Plumbing, Heating, and Air-Conditioning Contractors
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