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Home » Topics » News » HVAC Breaking News

HVAC Breaking News
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Demand for Commercial Refrigeration Equipment to Reach $45.9 Billion by 2026

North America is expected to dominate the market over the forecast period
December 14, 2016

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.


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Danfoss Recognizes Smardt Chiller Group with EnVisioneer of the Year Award

Smardt has integrated Danfoss products to realize significant energy savings
December 13, 2016

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).


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Air Purification Systems Market to Reach $24.83 Billion by 2024

Increasing IAQ concerns and awareness are the main drivers of the market
December 13, 2016

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.


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Central Air Conditioner and Heat Pump Shipments Up Again in October

Year-to-date combined shipments are up 6.2 percent
December 12, 2016

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).


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Environmentally Friendly Emerson Industrial Refrigeration System Supports Innovation Initiatives

Natural refrigerant system developed for The Helix offers efficient cooling and industry insight
December 12, 2016

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.


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Dehumidifier Market to Generate $3.1 Billion in Sales by 2021

Developing economies are forecast to register higher growth over the next five years
December 12, 2016

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. 


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ServiceTitan Introduces Good, Better, Best Flat Rate Pricing with The New Flat Rate

When given choices, customers buy more than you could ever sell them
December 9, 2016

ServiceTitan, a leading provider of business management software for residential HVAC, plumbing, and electrical businesses, announced its newest partnership with The New Flat Rate. The partnership was formed to provide residential contractors using ServiceTitan the option to leverage The New Flat Rate's three-tier 'Good, Better, Best' menu pricing system. T


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Refrigerated Display Cases Market Expected to Reach $20.8 Billion by 2022

Growing food safety concerns are expected to boost the demand
December 9, 2016

The global refrigerated display case market is expected to garner $20.8 billion by 2022, with a compound annual growth rate (CAGR) of 9.8 percent during 2016 to 2022, according to a new report published by Allied Market Research titled "Global Refrigerated display cases Market - Opportunities and Forecasts, 2015-2022."


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CPS Products Acquires AAB Smart Tools

AAB develops smart device-connected tools serving the HVAC technician
December 8, 2016

CPS Products Inc., a Harbour Group company, has acquired the assets of AAB Smart Tools LLC (AAB), announced Jeff Fox, Harbour Group's chairman and chief executive officer. Terms of the transaction were not disclosed.


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DOE Funds Projects to Develop Electric Motor Innovations

This effort supports innovative approaches that will significantly improve the technology
December 8, 2016

The U.S. Department of Energy (DOE) has announced nearly $25 million for 13 projects aimed at advancing technologies for energy-efficient electric motors through applied research and development. The Office of Energy Efficiency and Renewable Energy’s (EERE) Next Generation Electric Machines projects will address the limitations of traditional materials and designs used in electric motor components by cost-effectively enhancing their efficiency, improving their performance, and reducing weight.


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