HVAC Commercial Market
HVAC Commercial Market RSS Feed RSS

The Internet of Things (IoT) expands beyond just the realm of HVAC and is relevant to appliances and products throughout the entirety of a residential space.

HVAC Proves It’s Ready for the IoT

IoT spending will reach $1.7 trillion in 2020
Kostora
Nick Kostora
August 29, 2016

While most studies insist IoT technologies are on the cusp of becoming mainstream, the question remains: Is the HVAC industry truly ready to embrace the IoT, or is there a sense of trepidation and concern regarding the technology’s staying power and long-term viability?


Read More
The election cycle, when coupled with an extremely compressed Congressional calendar, makes it extremely unlikely the credits will be extended before the election.

Geo Industry Advocates for Lame-duck Tax Credit Extensions

Many are hopeful the commercial and residential tax credits will be extended in the lame-duck session
Jen Anesi Headshot
Jen Anesi
August 29, 2016

For the past decade, those in the geothermal heating and cooling industry have benefited from two tax credits that incentivize residential and commercial geothermal installations. But both of these tax credits are four months away from expiring, and all efforts to extend them have failed thus far.


Read More
Numerous training and certification resources are available to geothermal HVAC contractors across the U.S. covering everything from system design and installation to inspection.

Geothermal Training Involves Entire Supply Chain

Organizations, manufacturers, distributors, and contractors collaborate for quality installations
Jen Anesi Headshot
Jen Anesi
August 29, 2016

Geothermal manufacturers, distributors, and organizations like the International Ground Source Heat Pump Association (IGSHPA) have stepped up their training efforts to ensure HVACR contractors are installing and servicing geothermal equipment to the highest standard.


Read More

Energy-Efficient Building Market to Grow at 9.6% CAGR to 2020

Rising energy prices will be a key trend for market growth
August 29, 2016

The global energy-efficient building market is projected to grow at a compound annual growth rate (CAGR) of 9.6 percent during the forecast period of 2016 to 2020, according to a report from Sandler Research.


Read More

HTS New England to Merge with Stebbins-Duffy

The combined business will serve as the exclusive Daikin equipment sales representative in the region
August 26, 2016

HTS New England, the New England division of one of the largest independent commercial HVAC manufacturers’ representatives in North America, announced plans to merge operations with Stebbins-Duffy.


Read More

US Army Reaches $1 Billion in Energy-saving Projects

Army has contracted for 127 individual projects, or task orders, totaling $1.015 billion
August 25, 2016

The U.S. Army announced it has surpassed the $1 billion mark in energy savings performance contracts and utility energy services contracts in less than five years. This is in response to President Obama’s challenge to all federal agencies to achieve a total investment of $4 billion before the end of 2016.


Read More

Xylem to Acquire Sensus for $1.7 Billion

Transaction is expected to close in the fourth quarter of 2016
August 25, 2016

Xylem Inc., a leading global water technology company, announced that it has signed a definitive agreement to acquire Sensus for approximately $1.7 billion in cash. Sensus is a provider of smart meters, network technologies, and advanced data analytics services for the water, electric, and gas industries.


Read More

Building Thermal Insulation Market Worth $28.39 Billion by 2021

North America is the largest market in building thermal insulation
August 25, 2016

The global building thermal insulation market was valued at $22.73 billion in 2015 and is projected to reach $28.39 billion by 2021, increasing at a compound annual growth rate (CAGR) of 3.5 percent between 2016 and 2021, according to a report published by MarketsandMarkets.


Read More

Sign Up. Stay Informed.

The #1 trusted source for the HVACR industry since 1926

SUBSCRIBE