Economic forecasters have earned a bad rap when it comes to predicting recessions in the market. Then again, if it were easy to predict the future, everyone would do it.
When it comes to comfort, not much beats zoning. In fact, many industry experts tout that once homeowners have experienced the comfort zoning has to offer, they will never own another house without it.
Major growth, expansion projected for AC Drives across the country over the next decade
February 6, 2017
AC drives are an essential part of the HVAC marketplace, and the growth of the market looks to be exceptional over the next few years. According to MarketsandMarkets, the market is expected to grow from an estimated $15.72 billion in 2016 to $22.07 billion by 2021.
Boosted by the demand for refrigeration equipment in cold storage and food processing
December 5, 2016
The global HVACR systems market, which stood at a value of $81.1 billion in 2015, is likely to progress at a compound annual growth rate (CAGR) of 5.5 percent between 2016 and 2020, reaching an opportunity worth $130.7 billion by the end of the forecast period, according to a new report by Transparency Market Research (TMR).
Government incentives, increasing construction activities among factors driving market
July 18, 2016
The global HVAC systems market is expected to reach $173.16 billion by 2022, increasing at a compound annual growth rate (CAGR) of 5.9 percent between 2016 and 2022, according to a new report published by MarketsandMarkets.
Residential momentum continues, commercial is stable
July 11, 2016
The U.S. residential HVAC market is forecast to see significant growth due to lower unemployment and gas prices, coupled with higher consumer confidence and pent-up demand. The commercial HVAC market is expected to see more steady growth.
In 2015, U.S. imports of air conditioning, heating, and refrigeration equipment totaled $15.44 billion
July 1, 2016
The United States is the leader in global imports of commercial and industrial air conditioning, heating, and refrigeration equipment, accounting for a 15 percent share (based on U.S. dollars), according to a new report from IndexBox Marketing.
Report categorizes the market into four end-user segments
May 23, 2016
The global industrial HVAC market is forecast to grow at a compound annual growth rate (CAGR) of more than 4 percent during the forecast period of 2016 to 2020, according to the latest market study released by Technavio, with the manufacturing industry leading the market.