The global building automation system market is forecast to reach $100.6 billion by 2022, increasing at a compound annual growth rate (CAGR) of 10.65 percent between 2016 and 2022, according to a new market research report published by MarketsandMarkets.

The Philadelphia 76ers National Basketball Association (NBA) team has announced a partnership with Tozour Energy Systems, a full-service HVAC and building automation provider based in King of Prussia, Pennsylvania.

The global advanced HVAC control market is expected to reach close to $12.2 billion in revenue by 2020, according to the latest research study released by Technavio. The report provides an in-depth analysis of market growth in terms of revenue and emerging trends. It also includes an analysis of various market segments.

Magnum Energy Solutions, a provider of energy management solutions, announced that Automated Logic Corp. has made an equity investment in the business. Automated Logic provides building automation and control systems through a nationwide dealer network.

The global advanced HVAC controls market is forecast to grow at a compound annual growth rate (CAGR) of 8.67 percent from 2016 to 2020, according to a report from Sandler Research. 

Powers of Arkansas, one of the state’s largest commercial HVAC contractors, has announced the promotion of three key leaders who have contributed to the growth of the company in commercial HVAC equipment, air distribution, and controls.

Johnson Controls and Tyco today announced that they have entered into a definitive merger agreement under which Johnson Controls, a global multi-industrial company, will combine with Tyco, a global fire and security provider, to create a leading provider of HVAC, controls, fire, security, and power solutions.