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Smart thermostats form an integral part of smart homes and have gained high traction in developed regions such as North America and Europe. The industry is anticipated to witness a high adoption of these gadgets as they display the energy consumption level in real-time and are capable of adjusting to ambient conditions automatically.

The 2017 ASHRAE Winter Conference takes place Jan. 28-Feb. 1 at Caesars Palace in Las Vegas with the co-sponsored AHR Expo being held Jan. 30-Feb. 1 at the Las Vegas Convention Center. An in-depth look at ASHRAE’s work in the residential market, as well as guidance on several aspects of residential design, will be offered in four free seminars at the 2017 AHR Expo.

The global heat exchanger market is expected to reach an estimated $21.3 billion by 2022, and it is forecast to grow at a compound annual growth rate (CAGR) of 6.1 percent from 2017 to 2022, according to a report published by Lucintel. The major drivers of growth for this market are a rise in HVACR deployments, rapid industrialization, and stringent environmental regulations.

ClimateMaster’s role as a domestic energy and geothermal heating and cooling leader extends back to the late 1950s when the company was first founded in Florida. For more than 50 years, the company has been developing and producing some of the industry’s most innovative and energy efficient heating and cooling systems. Today, the company remains committed to its American roots by operating a 510,000-square-foot, plant in Oklahoma City, sustaining over 600 American jobs and supporting over 1,200 independent dealers.

The global commercial refrigeration equipment market is forecast to register a compound annual growth rate (CAGR) of 5 percent over the forecast period of 2016 to 2026, to be valued at $45.9 billion by 2026, according to a report by Persistence Market Research.

Danfoss announced that Smardt Chiller Group Inc. is the winner of its seventh annual EnVisioneer of the Year award in recognition of its Smardt Solar Integrated Chiller™ (SSiC).

The global air purification systems market was valued at $12.06 billion in 2015 and is projected to reach $24.83 billion by 2024 at a compound annual growth rate (CAGR) of 8.4 percent from 2016 to 2024, according to a report from Transparency Market Research.

U.S. shipments of central air conditioners and air-source heat pumps totaled 425,882 units in October 2016, up 7.3 percent from 396,922 units shipped in October 2015, according to the latest statistics from the Air-Conditioning, Heating, and Refrigeration Institute (AHRI).

A natural refrigerant industrial refrigeration system installed at The Helix Innovation Center is helping Emerson with its innovation initiatives and serving as a learning lab for the industry.

The global dehumidifier market is forecast to achieve record sales worth $3.1 billion by 2021, according to a report released by TechSci Research, a research based global management consulting firm.