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Home » Topics » News » HVAC Breaking News

HVAC Breaking News
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Smart Home Market Worth $121.73 Billion by 2022

Asia-Pacific region is anticipated to grow at the highest CAGR
May 26, 2016

The global smart home market is projected to grow from $46.97 billion in 2015 to $121.73 billion by 2022, growing at a compound annual growth rate (CAGR) of 14.07 percent between 2016 and 2022, according to a new report published by MaretsandMarkets.


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Budderfly Named a 2016 Gartner Cool Vendor

Solution identifies and helps maximize energy savings using IoT electrical devices or “adaptors”
May 25, 2016

Budderfly LLC, a provider of energy management solutions, has been recognized as a 2016 Gartner Cool Vendor in Internet of Things (IoT) Solutions. By adding IoT devices and advanced software to an existing infrastructure, Budderfly’s solution is said to be able to enhance the energy efficiency performance of any building.


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ARS Acquires Allgood Plumbing, Electric, Heating & Cooling

With this acquisition, ARS expands its presence in Atlanta
May 25, 2016

American Residential Services (ARS), a national provider of air conditioning, heating, and plumbing services, announced it has acquired the assets of Allgood Plumbing, Electric, Heating & Cooling in Snellville, Georgia.


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Duct Sealing Technology Featured on PBS’s This Old House

Jim Moulison of Bright Star Heating Supply Co. demonstrates advantages of Aeroseal
May 25, 2016

The use of Aeroseal duct sealing technology to improve the energy efficiency and IAQ of a newly constructed home was featured on the PBS TV show This Old House.


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BasX Solutions Acquires Seasons 4 Clean Room Product Line

Includes all technology, intellectual property, inventory, and equipment
May 24, 2016

BasX Solutions, a manufacturer of custom engineered products including HVAC solutions, announced that it has completed its acquisition of the clean room product line from Seasons 4.


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EnergyHub Partners with Nest for Demand Response

EnergyHub can now manage the enrollment and dispatch of Nest’s Rush Hour Rewards
May 24, 2016

EnergyHub, a provider of connected device management for utilities, announced that it is enrolling the Nest Learning Thermostat into its Bring Your Own Thermostat® (BYOT) demand response programs.


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Building Data Integration Revenue to Reach $971.3 Million by 2025

Organizing and understanding large data sets from facilities remains a challenge
May 24, 2016

As the cost of advanced sensors has decreased and the amount of computational power and data storage has increased, buildings have become data-rich environments, notes Navigant Research.


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AMCA International Launches New Fan Energy Waste Calculator

The calculator helps users better understand the costs of inefficiency
May 23, 2016

The Air Movement and Control Association (AMCA) International has announced the launch of its new AMCA Fan Energy Waste Calculator hosted on the AMCA website.


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DOE Invests $14 Million to Increase Energy Efficiency of US Homes and Buildings

Small-medium building sector and homebuilders are under-resourced when it comes to energy efficiency
May 23, 2016

The U.S. Department of Energy (DOE) announced $14 million in funding for projects to significantly increase the efficiency of U.S. homes and buildings. These projects are designed to cut energy costs while leading to greater demand for new building products and technologies.


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Manufacturing to Dominate the Industrial HVAC Market Through 2020

Report categorizes the market into four end-user segments
May 23, 2016

The global industrial HVAC market is forecast to grow at a compound annual growth rate (CAGR) of more than 4 percent during the forecast period of 2016 to 2020, according to the latest market study released by Technavio, with the manufacturing industry leading the market.


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