The global market for ventilation fans, which stood at $1.6 billion in 2015, is forecast to reach $2.4 billion by the end of 2023, exhibiting a compound annual growth rate (CAGR) of 4.9 percent between 2015 and 2023, according to a report from Transparency Market Research.

IAC Acoustics, a division of Sound Seal, and a leading manufacturer of metal acoustical and noise control products and solutions serving the industrial, architectural, commercial, and construction industries, announced it has hired Darren Riley to serve as product sales manager for the HVAC Silencer Division.

Buildings could use significantly less energy with the help of a new project announced by the U.S. Department of Energy (DOE) at its Pacific Northwest National Laboratory (PNNL). The lab is being awarded $300,000 for the project which is part of DOE's new Small Business Vouchers Pilot.

The global split air conditioning market is expected to exceed 104 billion tons by 2020, increasing at a compound annual growth rate (CAGR) of over 6 percent during the forecast period, according to the latest market research study released by Technavio.

Victaulic, a manufacturer of mechanical pipe-joining systems, has announced the launch of its Refuse-to-Fuse™ system for high-density polyethylene (HDPE) pipe. Featuring a range of couplings and fittings, the company says the system offers installation up to 10 times faster than fusing.

Mayor Ed Murray applauded the Seattle City Council for passing building energy legislation that establishes policies aimed at driving energy efficiency and reducing climate impact. The legislation was first mentioned in Murray’s State of the City on Feb. 17.

The global insulation market was valued at approximately $40 billion in 2014 and is forecast to reach approximately $65 billion by 2020, growing at a compound annual growth rate (CAGR) of around 8 percent from 2015 to 2020, according to a report published by Zion Research.

Rittal Corp. has introduced a new refrigerant-based rack and row cooling solution, known as LCP DX, for heat removal of critical IT components. The line is available in two models, as a rack or in-line solution.

The U.S. solar market is forecast to grow substantially this year — 119 percent — according to GTM Research in its U.S. Solar Market Insight Report 2015 Year in Review, published in conjunction with the Solar Energy Industries Association (SEIA).

Support.com Inc. has unveiled survey findings indicating that the cost and complexity of smart home systems and devices is threatening consumer adoption and brand loyalty.