HVAC Residential Market

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Dealnet Capital Corp. announced that it has entered into multiple vendor finance agreements with distributors and manufacturers of home improvement products in Canada, including an HVAC equipment supplier.

Lennox Industries Inc. has announced increased prices ranging from 3 to 6 percent on select residential equipment, accessories, and parts, effective Jan. 1, 2017.

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.

This wireless temperature sensor can be used as a remote sensor or to measure the temperature of the outdoor, supply, or return air.

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.