There are many factors favoring the growth of the global market
January 20, 2016
The global district heating and cooling market is forecast to increase from a valuation of $142.6 billion in 2014 to $229.4 billion by 2023, expanding at a compound annual growth rate (CAGR) of 5.7 percent, according to a report published by Transparency Market Research.
The department estimates the new efficiency standards for RTUs will save businesses as much as $167 billion in energy costs over the lifetime of the equipment — more than any other efficiency standard issued to date.
Designs incorporate ASHRAE standards for effective energy management and IAQ
January 15, 2016
Wind turbines, subcooled glycol/water, geothermal wells, reuse of coil condensation water, and a central heat pump water heating system are among the innovative measures used in the five buildings receiving ASHRAE Technology Awards.
The annual awards competition honors the most inventive and original products, systems, and technologies showcased at each year’s AHR Expo in 10 categories. The winning products are selected from numerous entries by a panel of judges consisting of ASHRAE members who evaluated the products based on innovation, application, value to the user, and market impact.
The AHR Expo, which began more than 85 years ago, is held annually in key markets and major cities across the U.S., hosting close to 2,000 exhibitors and crowds of more than 60,000 industry professionals. The event provides a unique forum for the HVACR community to come together and share new products, technologies, and ideas.
With eight tracks, 100 sessions, and more than 300 speakers, the technical program at ASHRAE’s 2016 Winter Conference is bound to impress attending engineers, contractors, manufacturers, and building professionals. The technical program will have a fresh feel with new tracks focused on design-build practices, cutting-edge technologies, and residential systems.
Demand for energy-efficient systems produces gains
January 11, 2016
Analysis from Frost & Sullivan finds that the global HVAC equipment market earned revenues of $80.67 billion in 2014 and estimates this to reach $108.93 billion in 2020, despite the market’s maturity. The study covers unitary equipment, applied equipment, chillers, heat pumps, and ductless systems.