The North American heat exchangers market was valued at $4 billion in 2014 and is estimated to reach $5.5 billion by 2019, growing at a compound annual growth rate (CAGR) of 6.4 percent from 2014 to 2019, according to a report from MicroMarket Monitor.
The DOE reports that predictive maintenance may reduce maintenance costs up to 30 percent, eliminate breakdowns 70-75 percent of the time, minimize downtime, and increase production. Yet, despite the clear benefits of predictive maintenance, only 12 percent of commercial buildings are using it.
The members of Service Roundtable and Service Nation Alliance gathered for meetings, networking, and the company’s “trade show within a trade show” at the Sept. 13-18 event, held within the America’s Center Convention Complex in St. Louis.
Center will test and evaluate commercial building controls and HVAC system efficiency
December 11, 2015
In addition to supporting industry research across residential HVAC, supermarkets, commercial kitchens, and data centers, Emerson’s new 40,000-square-foot innovation center will itself be a lab for commercial building controls and HVAC technology.
The survey, which collected data from nearly 18,000 small business owners from around the U.S., compiled answers regarding a community’s overall business friendliness, regulatory environment, new-hire prospects, and more.
While older circulator pumps utilized single-speed motors and were largely inefficient, advances in motor technology, controls, and pump design have transformed the market and ushered in a new era of highly efficient products that feature variable-speed motors, easy installation and setup, remote connectivity, and more.