The market for HVAC equipment is highly mature and is expected to exhibit modest growth
May 2, 2016
The global HVAC equipment market is expected to expand at a compound annual growth rate (CAGR) of 5.6 percent from 2015 to 2022, exceeding $125 billion by 2022, according to a new market report published by Credence Research Inc.
He brings to Nortek over 25 years of industrial and technology experience
April 29, 2016
Nortek Inc. announced the appointment of Bruno Biasiotta as chief operating officer, air management. In this newly appointed role, Biasiotta will report to Nortek's president and chief executive officer, Michael J. Clarke, and assume responsibility for the Residential & Commercial HVAC and Custom & Commercial Air Solutions businesses.
An investment in innovation came to fruition as Emerson officially introduced its $35 million Helix Innovation Center on April 27. The 40,000-square-foot center, located on the University of Dayton campus, will serve as a commercial building controls and HVAC technology lab.
Expo is a new conference, trade show, and networking event for residential contractors
April 27, 2016
The Service World Expo announced HVAC industry icons Ron Smith and Matt Michel will share the podium for a special “Legends of the Industry” presentation at the inaugural Service World Expo, to be held at the Tropicana Hotel, Oct. 26-27, 2016, in Las Vegas.
Company now part of national heating and cooling brand
April 26, 2016
Modern Mechanical has joined forces with One Hour Heating & Air Conditioning® and will eventually be known by the name One Hour Heating & Air Conditioning. Local owners Shawn Mitchell and Pete Danielson will maintain a 100 percent ownership stake in Modern Mechanical.
Systems are designed for residential, commercial, light industrial, military, and government applications
April 25, 2016
M-TriGen Inc., a manufacturer of micro-combined cooling, heating, and power generation (MCCHP) equipment, has announced the launch of three new models of its trigeneration products following authorization by Intertek to mark them for ETL standards.
The HVAC industry is not immune to this growing trend for on-demand services. Last year, on-demand behemoth Amazon launched Amazon Home Services, offering 15 million service listings across more than 900 professional services, including HVAC. Amazon joins Home Advisor, Thumbtack, and others offering these types of middlemen services to connect homeowners with contractors.
Dozens of major manufacturers are now offering a variety of training options ranging from short online offerings to extensive on-location training in hopes of making ductless HVAC a worthwhile investment for consumers and contractors.
A focus on individualized comfort and energy efficiency spurs VRF growth in North America
April 25, 2016
While VRF technology has had a strong footprint in Japan and Europe for decades, it’s still maturing and gaining widespread acceptance throughout North America. And as the market matures and evolves, manufacturers are enhancing and improving their ductless offerings, including those featuring VRF technology.