HVAC Commercial Market

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Power generation and HVAC specialty rental company Aggreko plc has launched a mobile application in North America to support its Aggreko Remote Monitoring (ARM) tool. ARM is on most of Aggreko’s fleet of generators, select oil-free air compressors, and portable cooling equipment in North America.

An HVAC technology developed by researchers at the U.S. Department of Energy’s (DOE’s) National Energy Technology Laboratory (NETL) has won one of this year’s R&D 100 Awards. The winning technology is called “HVAC Load Reduction Technology for Commercial Buildings.”

Emerson today announced leadership changes that the company said are designed to support its continued focus on developing innovative solutions to deliver comfort in the residential and commercial HVAC markets.

GDI Integrated Facility Services Inc. announced that it and its wholly-owned subsidiary Ainsworth Inc. have entered into an agreement to acquire Direct Energy Business Services Limited, doing business as Airtron Canada, a subsidiary of Direct Energy Marketing Limited.

Source Refrigeration & HVAC announced that Adam Coffey has been appointed as its new president and chief executive officer. Founder Brad Howard will remain in his position as chairman.

A new report examining stationary fuels cells for micro-combined heat and power (MCHP), prime power, large combined heat and power (CHP), and uninterruptible power supply (UPS) applications is available from Navigant Research.

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.