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.
Air purification is a highly competitive, emerging space in HVAC, and manufacturers are constantly trying to innovate and stay ahead of the curve in relation to the needs of customers.
Ultraviolet (UV) light has been growing as part of the HVAC landscape for years, specifically within the IAQ arena. ASHRAE's validation is certainly a huge step forward for UV, but many manufacturers believe this technology has already proven its value, as its growth and expansion began years ago.
Whether it’s through the use of UV light, whole-home IAQ solutions, or commercial-grade air-filtration equipment, the following case studies showcase ways contractors have solved IAQ problems at both the residential and commercial levels.
Evaporative, warm-air steam, and ultrasonic humidifiers are highly desirable for customers coast to coast, and manufacturers are developing products across all three variations that better respond to an array of personalized demands.
HVAC contractors admittedly face a difficult task when it comes to showcasing the benefits and inherent value present in structural moisture management while also ensuring customers know such solutions are more than just empty sales pitches.
Healthy and green buildings rely on good indoor environmental and air quality (IEAQ) to maintain the wellness and productivity of their occupants, notes Navigant Research. Related IEAQ technologies can provide the measurement and verification of appropriate ventilation and moisture management.
A new study finds that doubling the ventilation rate in typical office buildings can be reached at an estimated annual energy cost of between $14 and $40 per person, resulting in as much as a $6,500 equivalent in improved productivity per person per year.
Illinois Institute of Technology and Elevate Energy, a nonprofit organization that designs and implements energy efficiency programs, announced they are teaming up to study the impact of outdoor pollution and weatherization on IAQ and chronic health issues in U.S. homes.