HVAC Residential Market

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The global underfloor heating market is forecast to reach $7.9 billion by 2020, growing at a compound annual growth rate (CAGR) of 8.7 percent from 2015 to 2020, according to a new market research report published by MarketsandMarkets.

A new specification tool enabling designers to make accurate climate control system efficiency calculations for Daikin variable refrigerant volume (VRV) systems has been launched by Integrated Environmental Solutions (IES) in conjunction with Daikin North America.

As demand and support for energy efficiency, long-term cost reductions, and other benefits provided by solar installations grow, so does concern over how solar will look after current federal tax credits expire at the end of 2016.

As renewable energy systems continue to become more desirable, the need for qualified installers continues to grow. 

While in most businesses you can’t send other people to work in your place, in website content creation, you actually can allow someone else to help you create content that prospects will find of interest — namely customers, specifically in customer reviews.

Industry figures are estimates that are derived from the best available figures supplied by a sample of AHRI member companies. 

Packard Inc., a Georgia-based HVACR master distributor, announced it will open a 42,000-square-foot Midwest distribution center in Indianapolis on Sept. 1.

Kenneth Goodrich, CEO of US Peach LLC, a provider of HVAC and plumbing services under multiple brands, has announced the turnaround and sale of one of its portfolio companies, Phoenix-based Sonoran Air, to Mauro Calderon.

Conditioned Air Corp. of Naples Inc. announced it has successfully completed a recapitalization as it prepares to expand in the southwest Florida region. The company has taken on partners with an equity position via private equity firm, Gemini Investors, based in Boston.

As the U.S. Department of Energy (DOE) works on its final rule and Congress works on possibly delaying that rule, HVAC industry stakeholders have settled into a holding pattern with no other option than to wait and see what happens next.