The North American heat exchangers market was valued at $4 billion in 2014 and is estimated to reach $5.5 billion by 2019, growing at a compound annual growth rate (CAGR) of 6.4 percent from 2014 to 2019, according to a report from MicroMarket Monitor.

The Western HVAC Performance Alliance (WHPA) executive committee announced that Joe Schmutzler has been elected co-chairman of the Fault Detection & Diagnostics (FDD) Committee.

Schneider Electric has announced the launch of Wiser Air™, the company’s first Wi-Fi smart thermostat for residential consumers. The company said Wiser Air couples its energy management expertise with intelligent design and state-of-the-art technology to provide consumers with a tool that delivers energy efficient comfort.

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

The Plumbing-Heating-Cooling Contractors—National Association (PHCC) has announced the formation of the first PHCC-affiliated state chapter in South Carolina. The chapter has elected officers, identified event goals for 2016, and established a recruiting strategy to bring on new members to the organization.

Murphy Co., a mechanical contractor with corporate offices in Denver and St. Louis, has for the third time been recognized and awarded for its energy efficiency contributions and corporate citizenship by energy partner Xcel Energy.

Home automation hardware, sold as standalone units, is forecast to exceed 300 million units by 2020, according to Juniper Research. This represents growth of over 1,000 percent from an estimated installed base of 28 million units in 2015.