Articles Tagged with ''HVAC sales''

According to the 2017 HVAC equipment market report, the global HVAC equipment market to grow at a compound annual growth rate (CAGR) of 4.9 percent during the period 2017-2021. The latest trend gaining momentum in the HVAC equipment market is rise in incorporation of building automation systems (BAS).

Let’s face it — for most salespeople, getting into a new prospect is a tough job. It takes persistence, requires lots of phone calls, and typically puts the seller through an emotional wringer. 

The global ventilation equipment market will reach $25 billion in revenues in 2017 and is estimated to reach $40 billion by 2025, expanding at 5.5 percent compound annual growth rate (CAGR), per a recent report from Persistence Market Research (PMR).

Just in time for summer, when above average temperatures are expected for many portions of the U.S., LG Electronics USA Air Conditioning Technologies is launching a user-friendly rebate tool that allows HVAC contractors and homeowners to search for local and national rebates and incentives available on energy-efficient residential and light commercial LG air conditioning systems.

Technavio analysts forecast the global air source heat pump market to grow at a compound annual growth rate (CAGR) of almost 11 percent during the forecast period, according to their latest report. The research study covers the present scenario and growth prospects of the global air source heat pump market for 2017-2021.

Variable refrigerant flow (VRF) technology is relatively new to the U.S., yet it has quickly become a very popular option in the commercial market. VRF is now moving into the residential market as well.

Manufacturers often offer longer warranties and hefty rebates as a way to entice homeowners to purchase more expensive HVAC systems. Rebates and tax credits are also sometimes offered by federal, state, and local governments and utilities as a way to encourage consumers to reduce their energy use by purchasing newer, more efficient equipment.