The state has a legacy of innovative public policies that encourage energy efficiency
April 25, 2016
While California consumes the second largest amount of energy in the nation, it is also one of the most energy-efficient states, according to a new report. Compared to all other states, California ranks among the lowest in the nation for both per capita energy consumption and per capita energy spending.
According to Navigant Research, annual revenue from energy-efficient HVAC systems will grow from $17.2 billion in 2013 to $33.2 billion by 2020. With ductless systems set to account for nearly 30 percent of all North American energy-efficient HVAC system revenue by 2020, the market for both single- and multi-zone ductless systems is booming.
Growing use expected in various applications including the building, home, and industrial sectors
April 5, 2016
Global market revenue for energy management systems stood at $9.87 billion in 2014 and is forecast to reach $35.92 billion by 2024, increasing at a compound annual growth rate (CAGR) of 13.4 percent from 2016 to 2024, according to a report from Transparency Market Research.
As more states across the U.S. adopt stricter, tighter building codes, fresh air is becoming a commodity. Building professionals and consumers are aware of this and the HVAC industry is offering solutions that focus on the addition and subtraction of air into sealed spaces.
Last year’s winner was a commercial HVAC contractor
February 17, 2016
Danfoss announced it is accepting entries for its seventh annual EnVisioneer of the Year Award competition. Launched in 2010, the competition recognizes OEMs, building owners, municipalities, contractors, and end users that use Danfoss products or solutions to realize significant energy and environmental savings.
Industrial energy management is largest segment; home energy management to see highest growth
January 12, 2016
The global energy management system (EMS) market is expected to reach $58.59 billion by 2022, growing at a compound annual growth rate (CAGR) of 14.3 percent, according to a new report by Grand View Research. Demand for energy efficiency and optimization are the keys driving adoption of energy management solutions.