Commercial HVAC Systems Market to Grow Through 2024

Commercial HVAC Systems Market to Grow Through 2024

The market for energy-efficient commercial heating, ventilation and air conditioning (HVAC) systems is expected to more than double, from $22.8 billion in 2015 to $47.5 billion in 2024, according to a new report from Navigant Research. Many governments have implemented efficiency regulations specific to commercial buildings, and many building owners have adopted energy-efficient technology as…

HVAC Industry’s Exponential Growth

The HVAC Industry has expanded in growth tremendously over the past year, and is expected to see even more growth in the future!  Exponential growth is expected for the HVAC industry in the current fiscal year, driven by both residential and non-residential segments. Growth to continue till 2019, with unitary air conditioners accounting for 44% of sales.…

ASHRAE and AHR Expo to Take Place in Orlando

ASHRAE and AHR Expo to Take Place in Orlando

ATLANTA – New technical program tracks, more than 200 Professional Development Hour opportunities and the world’s largest HVAC&R marketplace are just a few highlights of the ASHRAE 2016 Winter Conference and AHR Expo taking place in Orlando, Fla. The two events are expected to draw thousands of industry professionals from around the world. The ASHRAE Conference…

Efficiency Market Led By US, Global Revenue Expected to Increase

Efficiency Market Led By US, Global Revenue Expected to Increase

A new report from Navigant Research analyzed the global market, including market forecasts for revenue through 2024, for seven energy-efficient technologies that are the primary components of commercial HVAC systems. HVAC equipment accounts for nearly 40 percent of total global building energy consumption, while commercial buildings consume about 12 percent of the world’s energy supply.…