The market was estimated to be valued at $2,860.4 million in 2014 and is forecast reach $15,620.9 million by 2019, with a compound annual growth rate (CAGR) of 40.4 percent between 2014 and 2019.
Many homebuilders across the country are differentiating themselves from the competition by offering green communities that feature sustainable products and features.
Distech Controls, a provider of energy management solutions, announced it was named the Provincial Laureate, SME Exporter category, at the 21st edition of National Bank’s SME Awards. The company noted it has the honor of being a two-time award recipient, having been named Bronze Laureate in the same category in 2014.
Lennox Intl. Inc. put its new ideas to good use as it took home the gold award in the HVAC High-efficiency Residential Equipment category for its Dave Lennox Signature® Collection SL18XC1 A/C unit.
The Magnitude® magnetic bearing centrifugal chillers from Daikin Applied not only reduce maintenance requirements and offer increased efficiencies, according to one Dealer Design Awards judge, but they also feature nearly nonexistent compressor vibration and top-tier customer support.
Designed to measure temperature and occupancy in multiple locations throughout the home, ecobee Inc.’s ecobee3 smarter Wi-Fi thermostat with remote temperature sensors increases comfort and saves energy.
The global energy management systems market is forecast to grow at a compound annual growth rate (CAGR) of almost 17 percent from 2015 to 2019, according to a new report published by Technavio.
An international survey of more than 1,500 professionals shows that while most companies see the cost benefits of energy efficiency measures, the majority lack a clear strategy, concrete targets, and a systematic approach to energy efficiency throughout the organization.
Evaluation, measurement, and verification demonstrate the value of energy efficiency by providing accurate, transparent, and consistent assessments of methods and performance.
The rise in energy prices and consumers’ focus on energy efficiency have compelled facility and home owners in North America to adopt energy-saving solutions, notes Frost & Sullivan. Suppliers are diversifying their portfolios with respect to system design and technology in order to remain competitive and meet their needs.