According to the new market research report, "Building Automation System [BAS] Market - by Communication Technology, Offering, Application, and Region - Global Forecast To 2022," published by MarketsandMarkets, the overall BAS market was valued at $53.66 billion in 2016 and is expected to reach $99.11 billion by 2022, growing at a compound annual growth rate (CAGR) of 10.73 percent between 2017 and 2022.
ASHRAE and the Institute of Refrigeration (IOR) signed a new Memorandum of Understanding (MoU) April 6 at the CIBSE ASHRAE Technical Symposium 2017 at Loughborough University.
The National Environmental Balancing Bureau (NEBB) donated $10,000 to ASHRAE research during its Annual Conference, held March 31 to April 1 in Orlando, Florida. For 17 years, NEBB has been a member of the ASHRAE Golden Circle, a group of contributors who provide significant financial leadership to ASHRAE at the $10,000 and higher level.
Energy Control Technologies Inc. announced its new alliance and partnership with Distech Controls for distribution and promotion of its products, solutions, and services. As an authorized distributor of Distech Controls, Energy Control will provide sales, application engineering, design and configuration, as well as technical support of its products and systems.