An investment in innovation came to fruition as Emerson officially introduced its $35 million Helix Innovation Center on April 27. The 40,000-square-foot center, located on the University of Dayton campus, will serve as a commercial building controls and HVAC technology lab.

The U.S. Department of Energy’s (DOE’s) Building Technologies Office (BTO) recently convened two workshops to discuss the potential launch of a major research effort for advanced HVACR technologies.

The refrigeration industry certainly takes its share of heat from the scientific research community, and it can be easy to feel as if we’re being ganged up on. But the good news is that we’ve got some scientists and researchers working on our side, too.

The global building automation and control systems market is expected to grow at a compound annual growth rate (CAGR) of 9.04 percent in terms of revenue during 2014-2019, according to a new report from Research and Markets. 

Danfoss has broken ground on a new state-of-the-art laboratory for testing HVACR equipment. The new center also will facilitate training and serve as a research and development center for future innovation.

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.