Articles Tagged with ''market reports''

Nonresidential specialty trade contractors filled 12,400 positions in January, residential specialty contractors filled another 13,900 jobs, and unemployment rate held steady at 4.1 percent.

89 percent of responders are forecasting excellent or good growth in 2018, which is up 15 percent from the already positive outlook in 2017.

The increasing need to offer systems with high efficiency that do not need high energy consumption will drive the data center cooling market in the next seven years.

The major growth drivers for this market are increasing consumer need for simplicity and a personalized experience, growing awareness related to safety and security, and the adaption of cloud-based technologies.

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.

Driven by environmental policy uptake and increasing gasification in Asia, the domestic boiler market grew in 2016 to 12.7 million units, with China recording the most dynamic market uptake. The growth in the China and South Korea markets resulted in the UK dropping from being the largest world market for domestic boilers to the third largest, according to the latest Building Services Research & Information Association (BSRIA) market intelligence study.

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.