The Chemours Co. announced that its Opteon™ XP30 refrigerant has received Significant New Alternatives Policy (SNAP) listing from the U.S. Environmental Protection Agency (EPA) for new and retrofit chiller applications.
The global HVAC sensors and controllers market was valued at $5.18 billion in 2015 and is forecast to reach $9.34 billion by 2024, growing at a compound annual growth rate (CAGR) of 6.9 percent during forecast period, according to a new report published by Transparency Market Research.
Phononic, developer of solid-state cooling and heating technology, announced that it has been named to the fourth annual CNBC Disruptor 50 List, recognizing the company as a forward-thinking startup with the potential to influence and change markets.
Trane, a brand of Ingersoll Rand, announced it is expanding its CenTraVac™ centrifugal chiller portfolio for large buildings and industrial applications in the United States and Canada.
The number smart homes in North America and Europe reached a total of 17.9 million in 2015, according to a new research report from Berg Insight. North America is the world’s most advanced smart home market and the region had an installed base of 12.7 million smart homes at the end of the year.
Poor IAQ has led to health issues, such as sick building syndrome, building-related illnesses, and multiple chemical sensitivity (MCS). These factors have resulted in the framing of new guidelines and regulations for commercial buildings, which has accelerated the demand for better air filters in the HVAC systems used in commercial buildings.
Global demand for HVAC equipment is forecast to increase at a 4.1 percent yearly rate through 2020 to $122 billion, according to a new study from The Freedonia Group, a Cleveland-based industry research firm.
Shurtape recently launched its second year of the Mission: HVAC program with three new students who were selected from a pool of applicants from technical schools nationwide.
ABCO was recognized for its work on the Cornell Tech Residential Tower. The award is given to unique projects nominated by each of the five business units.
The commitment includes a $500 million investment in product-related research and development by 2020 to fund the long-term reduction of greenhouse gas (GHG) emissions through its transport refrigeration and HVAC solutions.