Emergence of smart technology will be a key trend for market growth
August 24, 2016
The global commercial air conditioning market is forecast to grow at a compound annual growth rate (CAGR) of 8.98 percent during the period of 2016 to 2020, according to a research report from ReportsnReports.
Report segments the market into four broad categories
March 24, 2016
The global split air conditioning market is expected to exceed 104 billion tons by 2020, increasing at a compound annual growth rate (CAGR) of over 6 percent during the forecast period, according to the latest market research study released by Technavio.
Sharp Electronics Corp. is exhibiting its new ductless mini split lineup in booth 4762 at the AHR Expo. The company’s new models are designed to operate in extra low temperatures and have one of the industry’s best SEER and HSPF ratings. They also feature Sharp’s patented air purification technology Plasmacluster.
Panasonic is introducing the new EXTERIOS XE Series. With models ranging from 9,000 Btu to 15,000 Btu, this series offers many years of energy efficient indoor climate control. The built-in and improved ECONAVI not only detects room occupancy and motion but also incorporates an area search function to direct airflow where needed.
Mitsubishi Electric Cooling & Heating introduces the kumo cloud™ app and web service which works in conjunction with Mitsubishi Electric’s Wi-Fi Interface to enable wireless control of M-and P-Series systems from any smartphone.
LG’s Multi F and Multi F MAX are single phase, compact and efficient outdoor units that provide zone control for up to eight indoor units. The units are available in 1.5, 2, 2.5, 3, 4, 4.5 and 5 tons, increasing flexibility and efficiency for both residential and commercial installations.
The Next Generation Series of residential and light commercial ductless split systems features various capacities to suit customers’ requirements, with single-zone cooling, single-zone heat pumps for cooling and heating, and multizone heat pumps available.
Residential Furnace and Unit Heater Shipments Showed the Second Largest Gains
November 18, 2013
During the third quarter 2013, both ductless split system and air handler unit shipments showed the largest gains, increasing by 37 percent, according to the Heating, Refrigeration and Air Conditioning Institute of Canada (HRAI).
Ductless Has Been Gaining in Market Share in North America
September 30, 2013
Annual revenue from ductless systems will grow from $3.9 billion in 2013 to more than $9 billion by 2020, representing nearly 30 percent of total energy efficient HVAC systems revenue in that year, according to a new report from Navigant Research.