HVAC Commercial Market, Heat Pumps

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The global geothermal heat pump market is forecast to grow at a compound annual growth rate (CAGR) of 15.26 percent over the period of 2015 to 2019, according to a report from Research and Markets.

Steady State Renewable Energy Co. designs and installs geothermal heat pump systems in Oklahoma and north Texas. With the launch of Steady State Asset Partners, the company is the first to crowdfund project financing options that offer investors the opportunity to provide upfront capital for new geothermal projects.

The market for HVAC equipment globally is forecast to reach $155.1 billion by 2022, according to a new report published by Transparency Market Research. The demand for all types of HVAC equipment is expected to increase through 2022; however, sales of heat pumps and room air conditioners are expected to dominate through the forecast period.

The NEWS' annual issue has traditionally introduced the latest air conditioning units available for the upcoming summer season. The intent is to help contractors prepare for this busy period by doing the research that will help them to distinguish between brands.

In many ways, refrigerant recovery and reclamation is an example of human ingenuity at its best. An innovative and essential product is created, and then a way is devised to prolong its usefulness by collecting it after years of service, purifying it, and using it again.

The ongoing phaseout of hydrochlorofluorocarbons (HCFCs), such as R-22, holds many unknowns for the HVACR industry as 2020 approaches, but at least one sector of the industry anticipates tremendous opportunity: the reclamation sector. 

Recovering refrigerant from HVAC and refrigeration systems is an important day-to-day task for HVACR technicians. Here’s a look at some of the latest tools that help make this important job easy, along with tips from the recovery equipment manufacturers on how to efficiently and safely recover refrigerant.

As geothermal continues to grow in popularity, it’s important for contractors to be properly trained in geothermal installations and functionality.

Zero-net-energy (ZNE) projects are becoming an increasingly popular way to save energy and showcase the green movement away from fossil fuels and carbon emissions.

Units that both cool and heat are in high demand, but other trends include remote monitoring and, for larger units, the ability to fit through a standard door width.