Items Tagged with 'market intelligence study'

The global smart home automation market is expected to reach $130 billion by 2025, according to a new report by Grand View Research Inc. The growing demand for the convenience of remote and real-time operation of smart home automation systems has increased the growth and penetration.

The global cooling towers market is expected to reach $4.85 billion by 2025, according to a new report conducted by Grand View Research Inc. Cooling towers are used in power plants, particularly in thermoelectric power plants, to remove excess heat from the plant.

Demand for HVAC equipment in commercial buildings is projected to advance 3.3 percent per year through 2021 to $12.3 billion with 58 percent of all HVAC equipment sales.

The global economizer market was valued at $7.70 billion in 2016 and is projected to reach $11.54 billion by 2022, growing at a compound annual growth rate (CAGR) of 6.7 percent from 2017 to 2022, according to the report, "Economizer Market by Type (Fluid Economizers and Air-side Economizers), Application (Power Plants, Boilers, HVAC, Refrigeration, and Data Centers), End-use Industry (Industrial and Commercial), Region - Global Forecast to 2022", published by MarketsandMarkets™.