Technology is an important aspect of any business that desires long-term existence. The implementation of technology allows both the contractor and supplier to be mobile, connected, more intelligent, and flexible.
HARDI's Annual Conference in December, the organization’s Emerging Leaders program sought to strengthen the HVACR industry by developing the talent of its up-and-coming distributors, manufacturers, and vendors.
Manufacturers showcase new products at 2016 AHR Expo
February 22, 2016
Nearly 61,000 HVAC industry representatives enjoyed sun and reasonable temperatures as the 2016 AHR Expo rolled into Orlando, Florida. Preliminary numbers show that more than 18,254 exhibitor personnel welcomed 42,672 visitors.
In the new home construction and retrofit markets, tighter building codes and the desire to become more energy efficient is driving innovation in the HVAC ductwork and sheet metal market.
The geothermal industry is acutely aware that government-issued commercial and residential tax credits are set to expire at the end of 2016. Currently, geothermal heat pumps in commercial applications are eligible for a 10 percent income tax credit, and residential applications may receive up to a 30 percent incentive.
Key drivers include rising population, revival in the housing markets, increases in income levels in emerging markets
February 22, 2016
The global HVAC market is forecast to generate over $68.93 billion in value, at an estimated compound annual growth rate (CAGR) of 4.34 percent, from 2016 to 2022, according to a new report available from Research and Markets.
According to HVAC manufacturers, customers are looking for highly efficient furnaces that shave dollars off their utility bills while providing the best possible levels of comfort. As a result, most furnaces displayed at the AHR Expo were designed to meet these market demands.
A report from Navigant Research reinforces this assessment, stating that annual revenue from ductless systems will grow to more than $9 billion by 2020, up from $3.9 billion in 2013.
Energy efficiency, integration with smart home technology, and the ongoing impact of the U.S. Department of Energy’s (DOE’s) regional efficiency standards are major trends influencing products in the residential air conditioning market.
When it comes to figuring out what the market demands in a boiler, it usually comes down to the highest efficiencies possible along with advances in control technology. Indeed, efficiency and advanced control technologies were on display for most of the boilers introduced at the AHR Expo.