The HVAC industry is seeing a rise in demand due to the COVID-19 pandemic, with more emphasis being placed on indoor air quality and ventilation. HVAC companies are adapting to this new normal by introducing air purification systems, touchless technologies, and remote monitoring.
In the construction industry, rising material costs and supply chain disruptions are causing delays and project cancellations. The labor shortage in the industry is also causing issues, with many companies struggling to find enough skilled workers. Despite these challenges, there are positive developments as well, such as the increased use of technology in construction and the growing interest in sustainable building practices.