Search results for: 'cool next'

The COVID-19 pandemic impact on the North American HVAC market was relatively muted than expected. While the market was forecast to slump by 6% in 2020, the post-Q2 2020 rebound helped HVAC manufacturers get their business back on track. Amid the government change in the United States and the adoption of favorable climate change regulations and pro...

The North American HVAC equipment market is experiencing sustained growth, driven by the electrification trend, refrigerant transition, and tightening energy efficiency requirements. With a market value of $60.02 billion in 2025, HVAC equipment revenue is forecast to reach $90.14 billion by 2031, reflecting a 7.0% CAGR amid intensifying regulatory ...

Frost & Sullivan estimates the global HVAC equipment industry at $229.85 billion in 2023 and is projected to grow at a 7% CAGR in the forecast period. The HVAC industry is undergoing a transformation that emphasizes energy efficiency, sustainability, and evolving customer demands in a post-pandemic world. HVAC systems offering real-time monitor...

08 Sep 2020  |  North America  |  Frost Radar

Frost Radar™: Global Smart Thermostats Market, 2020

A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines

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Smart thermostats have changed the way home appliances are controlled for better living conditions. They learn about the heating and cooling preferences in a household and adjust settings automatically, and allow for access of real-time and historical data to optimize performance when a space is unoccupied. The global smart thermostat market is o...

16 Jun 2021  |  North America  |  Market Research

North American Energy Saving and Performance Contracting Growth Opportunities

Post-Pandemic Strategies Focus on Industry Convergence that Offers Building Owners Energy Efficiency and Cost Reduction

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This research service analyzes the North American energy saving and performance contracting (ESPC) market. The ESPC market covers services such as energy audits; design and engineering; assistance in finance, equipment bidding, and acquisition; installation and commissioning; measurement and verification (M&V); and personnel training. Frost & Sul...

The Building Energy Management Systems (BEMS) is a globally evolving market that is poised for double-digit growth for the next 7 years. BEMS is primarily driven by the trend of high peak demand charges, customers’ commitment towards sustainability, energy efficiency regulations, state incentives for buildings to install energy management systems, ...

Home energy management systems (HEMS) is a technology platform that monitors, manages, and controls home functions such as HVAC, lighting, solar PV, and other appliances in a residential building. The HEMS market is expected to grow at an accelerated rate for the next 7 years. The concept of HEMS has evolved over the last few years, where the focus...

17 Sep 2021  |  North America  |  Market Research

US Circular Economy for Lubricants Growth Opportunities

Demand for Sustainable and High-quality Base Oils Drives Future Growth Potential

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Key Issues Addressed

The United States accounts for more than 20% of all lubricants consumed globally. It has one of the highest per capita consumption rates of 7.6 gallons per year. Key factors such as high automobile use or ownership and a huge variety of industries contribute to the demand for lubricants. In 2020, total demand for lubricants in the United States rea...

21 Sep 2022  |  North America  |  Market Research

Drinking Water PFAS Treatment—United States: Forecast to 2026

Future Growth Potential of Sample Testing to Help Map the Presence of PFAS

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Growing concerns regarding the presence of perfluoroalkyl and polyfluoroalkyl substances (PFAS) in surface water, groundwater, wastewater, soil, and air are making state and national level regulations in the United States regarding permissible contaminant limits more stringent. There are growing efforts among municipal utilities and different indus...