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.
Historically, the most common HVAC company names were typically family-named or alphabetical, which helped the positioning in media that listed companies A to Z. It’s important for HVAC contractors to break through all the clutter and noise in the market and be memorable.
Some risks will turn out well, and others will become failures. Regardless, the simple act of trying something different and new will help you. You’ll gain confidence in your abilities, and you’ll learn from both your successes as well as your failures. Your life will expand, you’ll grow wiser, and you’ll become more successful.
The 13th book in ASHRAE’s Datacom Series, IT Equipment Design Impact on Data Center Solutions, is now available. The book was developed by ASHRAE’s Technical Committee 9.9, Mission Critical Facilities, Data Centers, Technology Spaces and Electronic Equipment.
Dry type segment is projected to witness the highest growth rate
April 20, 2016
The global field-erected cooling tower market is forecast to reach $2.11 billion by 2021, growing at a compound annual growth rate (CAGR) of 4.3 percent from 2016 to 2021, according to a new report published by MarketsandMarkets.
Modern process improves performance, reduces waste
April 18, 2016
The University of Maryland, through a partnership with 3D Systems and the U.S. Department of Energy’s (DOE’s) Building Technologies Office, has used 3D printing to prototype a new heat exchanger. The product weighs 20 percent less, is 20 percent more efficient, and can be manufactured much quicker, compared to current designs.
Floor space, HVAC equipment, and wireless communication technologies — along with incorporating imaging equipment that typically only have five-year lifespans, are just a few of the myriad of factors that must be considered when planning a hybrid OR.