Growth in global nonresidential construction is helping drive the market
June 21, 2016
The global HVAC sensors and controllers market was valued at $5.18 billion in 2015 and is forecast to reach $9.34 billion by 2024, growing at a compound annual growth rate (CAGR) of 6.9 percent during forecast period, according to a new report published by Transparency Market Research.
Board of directors approved plan to create two discrete sections
May 20, 2016
The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) announced that its Controls Product Section will be divided into two new sections: Air Conditioning & Refrigeration (ACR) Electronic Controls and Gas Controls.
Market will rely on retrofits, replacements, and incremental upgrades to existing facilities
March 31, 2016
The global advanced HVAC control market is expected to reach close to $12.2 billion in revenue by 2020, according to the latest research study released by Technavio. The report provides an in-depth analysis of market growth in terms of revenue and emerging trends. It also includes an analysis of various market segments.
The global advanced HVAC controls market for nonresidential users is expected to register the fastest growth during the forecast period. Nonresidential users of advanced HVAC controls include health care and educational institutions, manufacturing and industrial buildings, and offices and retail stores.
Steve Keen promoted to president of Powers of Arkansas
February 22, 2016
Powers of Arkansas, one of the state’s largest commercial HVAC contractors, has announced the promotion of three key leaders who have contributed to the growth of the company in commercial HVAC equipment, air distribution, and controls.
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.
Challenging application required a custom solution
November 23, 2015
For the inhabitants of a five-story building in New York City, the heating and cooling system had surpassed the point of discomfort. After an extensive remodel and update of the building, the one detail that had been left untouched was the control integration of the HVAC system.
It is one of a limited number of century-old buildings to achieve LEED certification
August 25, 2015
Carnegie Hall, the nearly 125-year old iconic New York City music venue, has announced its award of a Leadership in Energy and Environmental Design (LEED) Silver certification from the U.S. Green Building Council, making it one of the oldest and most notable buildings to achieve the distinction.
Rising Energy Costs and Stringent Regulatory Policies to Drive US Market
April 27, 2015
The United States market for building automation system (BAS) products is forecast to grow at over 9 percent through 2020, according to a TechSci Research report, “United States Building Automation & Control Systems Market Forecast & Opportunities, 2020.” Rising energy costs and stringent regulatory policies are the major growth drivers.