The HVAC industry in the U.S. is projected to generate about $129.63 billion in revenue by the end of 2025. This is a large and growing industry, with residential HVAC making up 70% of the revenue and commercial HVAC 30%. The total U.S. HVAC market is expected to grow to around $143 billion by 2029 and $148 billion by 2030, driven by factors such as tax credits, construction booms, and smart HVAC adoption.

Regarding individual earnings in the HVAC field, the average HVAC technician in the U.S. makes around $29 to $29.60 per hour, which translates roughly to annual salaries ranging from about $46,000 to $68,000 on average. More experienced or highly skilled technicians can earn upwards of $100,000 per year. Salaries vary depending on factors such as location, experience, technical knowledge, and whether the job is residential or commercial. Some sources highlight that first-year HVAC techs may earn around $60,000, with more experienced workers earning between $85,000 to $185,000 or more, depending on their expertise and location.

In summary:

• The U.S. HVAC industry is a multi-billion-dollar market expected to grow steadily.
• HVAC technicians typically earn between $46,000 to $68,000 per year on average, with the potential for higher earnings based on skills and experience.
• Location and job type significantly influence pay in this field.