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.
On the heels of three unique events this winter, specialized member segments of Plumbing-Heating-Cooling Contractors Association (PHCC) are tackling their business challenges, equipped with new tools and strategies, to help them run their companies more effectively.
Permira announced that a company backed by the Permira funds has signed a definitive agreement to acquire DiversiTech from an affiliate of The Jordan Co. LP. As part of the transaction, the senior management team led by Jim Prescott, president and CEO, will remain significant owners of the company.
There are many advantages to getting a technical education in the HVAC industry — students learn the science behind heating and cooling systems, how to troubleshoot and correct problems, and what to expect on the job site, among other critical lessons. Earning that degree or certification can help those pursuing a career in the HVAC trades stand out from the rest, but educational costs can quickly add up.
FieldEdge and Ron Smith announced a partnership to provide FieldEdge customers with exclusive content and coaching. The partnership complements FieldEdge’s focus on building software that improves the operational efficiency of home service contractors with Smith’s expertise in teaching contractors how to leverage those efficiencies.
Plasma Air Intl. announced the appointment of Staice June as director of business development, gaming and hospitality. In her new role, June is responsible for developing Plasma Air’s business and driving the growth of all product lines within the North American gaming and hospitality markets.
Service World Expo announced a call for speakers interested in sharing knowledge that benefits residential service contractors in the HVAC, plumbing, and electrical industries at the September 2017 Conference and Expo in Las Vegas, Nevada.