The global split air conditioning systems market was valued at $79.72 billion in 2015 and is forecast to expand at a compound annual growth rate (CAGR) of 5.1 percent from 2016 to 2024, reaching a market size of $127.27 billion in 2024, according to a report from Transparency Market Research.
Global sales of heat pumps is estimated to be valued at $6.5 billion by the end of 2016, witnessing a year-over-year growth of 5.8 percent over 2015, according to a new report from Future Market Insights.
American Residential Services (ARS), a national provider of air conditioning, heating, and plumbing services, is giving back to military veterans in need, as well as recognizing military veterans in its organization, as part of a Veterans Day initiative.
To help business owners manage their assets, a growing number of tool and fleet-tracking software manufacturers are utilizing GPS tracking, radio frequency identification (RFID) transmitters, Bluetooth, bar codes, and more.
The global ductless heating and cooling systems market is forecast to reach $78.62 billion by 2021, growing at a compound annual growth rate (CAGR) of 8.18 percent from 2016 to 2021, according to a report published by MarketsandMarkets.