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.
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.
Market categorized into three major end-user segments: industrial, commercial, and residential
April 25, 2016
The global HVAC rental equipment market is predicted to reach $4.63 billion by 2020, growing at a compound annual growth rate (CAGR) of about 8 percent, according to the latest market study released by Technavio.
Proposed emissions reduction strategy includes several measures targeting HFCs
April 15, 2016
California’s Air Resources Board (ARB) has released a proposed strategy aimed at curbing emissions that includes prohibitions on high global warming potential (GWP) hydrofluorocarbon (HFC) refrigerants.
Every year, The NEWS introduces the latest cooling equipment available for the upcoming summer season in order to help contractors prepare for this busy period by doing the research that will help them to distinguish between brands. The coverage features specific information about each individual product as submitted by the manufacturers.
The combined events drew more than 1,500 people from all over the country and featured 35 workshops in seven different tracks, including leadership, commercial contracting, residential contracting, business operations, radiant and hydronics, quality assurance, and building performance, which were assembled by some of the nation’s most successful contracting professionals.
Over the past decade, many efficient construction methods and technologies have been integrated into the single-family residential, municipal, government, and light commercial markets. But, one sector has lagged: multi-family condominiums and apartments.