Despite the numbers, manufacturers remain optimistic about the future and are focused on growing the market by introducing new products and educating the public on the many benefits of GHPs. HVAC Residential Market
Barring an act of Congress, the 30 percent federal tax credit for residential geothermal heat pump (GHP) systems will expire at the end of 2016. The industry is worried about what that means for the future. HVAC Residential Market
The market was estimated to be valued at $ 2,860.4 million in 2014 and is forecast reach $ 15,620.9 million by 2019, with a compound annual growth rate (CAGR) of 40.4 percent between 2014 and 2019. HVAC Residential Market
Steady State Renewable Energy Co. designs and installs geothermal heat pump systems in Oklahoma and north Texas. With the launch of Steady State Asset Partners, the company is the first to crowdfund project financing options that offer investors the opportunity to provide upfront capital for new geothermal projects. HVAC Residential Market
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. HVAC Residential Market
The 2015 show was held May 13-15 at Beijing’s New China International Exhibition Center. HVAC Residential Market
Lennox Intl. Inc. put its new ideas to good use as it took home the gold award in the HVAC High-efficiency Residential Equipment category for its Dave Lennox Signature® Collection SL18XC1 A/C unit. HVAC Residential Market
The AccuComfort™ Platinum 20 Variable Speed Heat Pump delivers precise and efficient comfort by running at the exact speed needed to maintain a home’s ideal temperature within a half degree of the selected comfort setting. HVAC Residential Market
The 2015 Dealer Design Awards contest has continued its track record of showcasing the most innovative products throughout the HVAC industry. HVAC Residential Market
The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) has filed comments in response to the U.S. Department of Energy’s (DOE’s) notice of proposed rulemaking (NOPR) on Energy Conservation Standards for Residential Furnaces. HVAC Residential Market
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