The market for HVAC equipment globally is forecast to reach $155.1 billion by 2022, according to a new report published by Transparency Market Research. The demand for all types of HVAC equipment is expected to increase through 2022; however, sales of heat pumps and room air conditioners are expected to dominate through the forecast period.
Two Air Masters HVAC projects — the Gateway Arch in St. Louis and North County Technical High School in Florissant, Missouri — have been named finalists in the Construction Keystone Awards by the Associated General Contractors (AGC) of Missouri.
Intertek has announced the launch of a global team to provide environmental and sustainability solutions. The company said the comprehensive offerings will serve a wide range of industries, including building, industrial, and more.
XL Catlin and Financial Risk Solutions Inc. have entered an exclusive underwriting agreement to offer Chill-Pro® contractual liability insurance coverage for HVAC contractors in the U.S. Chill-Pro is a national insurance program that provides service agreement coverage for chillers.
Annual shipments of IEEE 802.15.4 and ZigBee wireless chipsets doubled last year and are forecast to reach a cumulative 2.5 billion chipset sales within the next five years, according to a report from research firm ON World. The smart home market is expected to utilize over two-thirds of the IEEE 802.15.4 chipsets at this time.
Lucintel forecasts that the U.S. HVAC equipment market is expected to depict a high growth during 2015-2020. The heat pump market will remain the largest segment in terms of value during the forecast period.
EPA estimates this final rule will reduce greenhouse gas emissions of 54-64 million metric tons of carbon dioxide equivalent in 2025, equal to the carbon dioxide emissions from the annual energy use of more than 5.8 million homes.
The agreement furthers their long-term relationship by working cooperatively to improve the efficient use of energy, improve the visible and widespread use of renewable energy sources, and minimize the impact of energy use on the environment.