HVAC Light Commercial Market

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Analysis from Frost & Sullivan finds that the global HVAC equipment market earned revenues of $80.67 billion in 2014 and estimates this to reach $108.93 billion in 2020, despite the market’s maturity. The study covers unitary equipment, applied equipment, chillers, heat pumps, and ductless systems.

Responses from a 2016 AHR Expo survey sent to 1,300 exhibitors reveal optimism for the coming year among HVACR manufacturers. Results were compared to a similar survey sent out last year that gauged exhibitors’ expectations for 2015.

Currently, 9.4 million women-owned businesses are operating in the U.S. in 2015 — employing more than 7.9 million people and generating nearly $1.5 trillion in revenue.

LG Electronics U.S.A. Inc., Air Conditioning Systems division announced it is partnering with Baker Distributing Co. to distribute its HVAC products across six Western states.

A total of 4,679 workers were killed on the job in 2014 — that’s an average of 13 deaths every day — according to the U.S. Department of Labor Occupational Safety & Health Administration (OSHA). 

Many manufacturers have developed their own programs in order to train and educate contractors and technicians on their products. And, within those programs, many manufacturers place a high priority on safety education.