News

December 2, 2015

AC Wholesaler

Demand for refrigeration units will increase significantly between 2015 and 2020. The food processing industry is growing and in countries that are still in the development phase, refrigerated warehouses are needed. In 2014, the refrigeration market was worth 22.7 billion, and by 2020, it is anticipated that it will reach upwards of 33.90 billion. It is a 7.1 compound annual growth rate (according to P&S Market Research)! The biggest shares of the market were compressors, evaporator units, and industrial racks. They accounted for 64% of sales. In recent years, developed countries have been outsourcing their pharmaceutical business that increases the need for refrigeration in the countries chosen for production. (more…)

October 30, 2015

Wholesale HVAC Supply

Wholesale HVAC Supply | RefrisourceThe market for energy-efficient commercial heating, ventilation and air conditioning (HVAC) systems is expected to more than double, from $22.8 billion in 2015 to $47.5 billion in 2024, according to a new report from Navigant Research. (more…)

October 9, 2015

Wholesale HVAC Supplies

EAST PETERSBURG, Pa. — The National Association of Oil & Energy Service Professionals (OESP) announced it will co-host its annual trade show with two other industry groups, Pennsylvania Petroleum Association (PPA) and Atlantic Region Energy Expo (AREE), May 22-26, 2016 at Foxwoods Resort and Casino, Ledyard, Connecticut. OESP’s convention will be held during this trade show. The combined event is being branded as the Eastern Energy Expo.

Attendees will see a wide variety of new products and services located on two exhibit floors

For the latest updates on new Eastern Energy Expo, visit www.easternenergyexpo.com.

For more information on OESP, visit www.thinkoesp.org.

 

April 16, 2015

Year-to-Date Combined Shipments of Central Air Conditioners and Air-Source Heat Pumps Up 24.5 Percent

ARLINGTON, Va. — United States shipments of central air conditioners and air-source heat pumps totaled 475,926 units in February 2015, up 19.9 percent from 396,863 units shipped in February 2014, according to the latest statistics from the Air-Conditioning, Heating, and Refrigeration Institute (AHRI). (more…)

November 27, 2012

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Daikin acquires Goodman, a major residential HVAC player in U.S., at the total value of $3.7 billion Expands Geographic Reach of Daikin. (more…)

November 12, 2012

August2012CCIThe Contractor Comfort Index (CCI) for August shows that contractors are remaining positive about short-term growth even as the summer heat is starting to fade. ACCA began measuring contractor attitudes toward short-term economic growth with the CCI in February 2010. (more…)

November 8, 2012

hvac_excellence_

Across America, businesses and consumers are looking for ways to save money and save energy. HVACR is a $200 billion a year industry and the second largest source of energy consumption in the United States.

Eighty percent of the buildings that we will be working on for the next twenty years are the ones that already exist today. The HVACR industry’s future lies in retrofitting the current grid with more energy efficient technologies. (more…)

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