The global advanced HVAC control market is expected to reach close to $12.2 billion in revenue by 2020, according to the latest research study released by Technavio. The report provides an in-depth analysis of market growth in terms of revenue and emerging trends. It also includes an analysis of various market segments.
Carnegie Mellon University researchers believe that learning about the quality of the air you breathe should be as easy and inexpensive as borrowing a book from a library, and that’s why they plan to provide free Speck air quality monitors to 100 public libraries nationwide.
ABB demonstrated advanced occupant tracking sensors from PointGrab — in which ABB’s Technology Ventures arm made an investment in December 2015 — at Light+Building 2016. PointGrab uses edge-analytics connected sensors to deliver actionable occupant tracking information for smart homes and buildings.
The global variable frequency drive (VFD) market is expected to increase at a 7.2 percent compound annual growth rate (CAGR) in terms of value during 2016 to 2026, according to a report from Future Market Insights (FMI). Volume-wise, FMI estimates the VFD market to expand at an 8.5 percent CAGR.
The Building Performance Institute Inc. (BPI) announced it is introducing the Healthy Home Evaluator (HHE) credential to the home performance, weatherization, and healthy housing workforce, with the goal of breaking the link between unhealthy housing and unhealthy families through home performance interventions.
Ideal Power Inc., a developer of power conversion technologies, announced it has successfully tested and demonstrated a new variable frequency drive (VFD) based on its patented Power Packet Switching Architecture™ (PPSA).
The global market for ZigBee-enabled smart thermostats is forecast to increase substantially at a compound annual growth rate (CAGR) of over 67 percent by 2020, according to a market analysis by Technavio.
LonMark International, with the cooperation of Echelon Corp., the European Committee for Standardization (CEN) Technical Committee TC-247, and LonMark Germany, announced plans to develop a new control-networking standard for the Industrial Internet of Things (IIoT).
PulteGroup Inc. has announced production of a zero net energy (ZNE) home prototype in northern California, becoming the largest builder to participate in a pilot aimed at building new homes to achieve maximum energy efficiency and utility grid load reduction.
Technavio’s latest research report on the global air conditioning market provides an analysis on the most important trends expected to impact the market outlook from 2016 to 2020.