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.
Focuses of program include heating and cooling systems, and sensors and controls
April 28, 2016
Four U.S. Department of Energy (DOE) national laboratories are joining Oak Ridge National Laboratory (ORNL) to expand an online crowdsourcing community for building technologies called JUMP, which helps bridge the gap between cutting-edge ideas and the marketplace.
TRS provides HVAC products to commercial and industrial customers across the Carolinas and Georgia
April 27, 2016
LG Electronics USA announced that Thermal Resources Sales Inc. (TRS) has become the latest LG applied rep for the company’s commercial air conditioning business, to drive variable refrigerant flow (VRF) sales and support for the Southeast.
Coolers are used to dissipate heat inside enclosures or cabinets that house electrical/electronic equipment
April 26, 2016
Advanced Cooling Technologies Inc. (ACT) has announced the launch of its HSC, HPC, and LNC series of sealed enclosure cooling products. ACT said this launch is the first step of its entrance into the sealed enclosure cooling market.
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.
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.