Variable refrigerant flow

United States Residential HVAC Market Focused Insights 2023-2028: Carrier, Daikin, and Johnson Controls Lead U.S. Residential HVAC Market Expected to Hit $19.88 Billion by 2029 - ResearchAndMarkets.com

Retrieved on: 
Mittwoch, Juni 12, 2024
HVAC, Construction & Property, Building Systems, Manufacturing, CAC, Ventilation, SMART, Traction, Variable refrigerant flow, USD, Daikin, Strategic planning, Growth, Allergen, Lennox International, RAC, VRF, Air conditioning, Heat, Carrier, Attention, Atmosphere

The U.S. residential HVAC market was valued at USD 16.43 billion in 2023 and is expected to grow at a CAGR of 3.23% during the forecast period.

Key Points: 
  • The U.S. residential HVAC market was valued at USD 16.43 billion in 2023 and is expected to grow at a CAGR of 3.23% during the forecast period.
  • Furthermore, major players focus on strategic agreements, acquisitions, and collaboration with emerging players to enter the U.S. residential HVAC market to access commercially launched products.
  • The future of the U.S. residential HVAC market thrives with the growth of energy-efficient solutions in construction, driven by smart home trends.
  • Technological advancements, a focus on energy efficiency, and a growing emphasis on indoor air quality characterize the U.S. residential HVAC market.

Mitsubishi Electric Trane HVAC US Celebrates Distributors’ Achievements at 2023 Diamond Leadership Awards Ceremony

Retrieved on: 
Montag, Mai 20, 2024
Commercial Building & Real Estate, Utilities, Construction & Property, Energy, HVAC, Building Systems, Manufacturing, Residential Building & Real Estate, Diamond, VRF, Commercial, Marketing, Conference, Variable refrigerant flow, Ware Group, Golf, Multimedia, Video game

Honorees received either the Distributor of the Year Award or the Crowning Achievement Award from METUS.

Key Points: 
  • Honorees received either the Distributor of the Year Award or the Crowning Achievement Award from METUS.
  • View the full release here: https://www.businesswire.com/news/home/20240520521692/en/
    Johnstone Supply – The Ware Group won the 2023 National Distributor of the Year Award, Residential.
  • “The distributors we celebrate at the Diamond Leadership Conference go beyond the norm – excelling in the businesses they’ve built,” said Mark Kuntz, chief executive officer, METUS.
  • Each METUS business unit also presented a 2023 Residential Distributor of the Year Award and a 2023 Commercial Distributor of the Year Award to channel leaders.

Al Hassan Ghazi Ibrahim Shaker Co. announces a strong start to FY24, reporting a 12.09% YoY increase in net profit to reach SAR 32.25 million in Q1-FY24

Retrieved on: 
Sonntag, Mai 12, 2024
VRF, Vision 2030, Conditional sentence, Yoy, Home appliance, Electronics, Memorandum of understanding, Ministry of Investment, MISA, SAP, LG Electronics, EPS, Growth, Variable refrigerant flow, HVAC, Development, AC

Net profit1 of SAR 32.25 million, up 12.09% YoY, driven by strong revenue growth, enhanced operational performance, and lower finance costs.

Key Points: 
  • Net profit1 of SAR 32.25 million, up 12.09% YoY, driven by strong revenue growth, enhanced operational performance, and lower finance costs.
  • Shaker's strong Q1-FY24 performance reinforces the continued strength of its strategic initiatives driven by market differentiation and a robust growth strategy.
  • Demonstrating its commitment to achieving sustainable growth while strengthening its financial health, Shaker achieved a significant 24.08% reduction in net debt.
  • Additionally, further improvements in inventory management and working capital resulted in strong cash generation from operations, reaching SAR 30.98 million.

Al Hassan Ghazi Ibrahim Shaker Co. announces a strong start to FY24, reporting a 12.09% YoY increase in net profit to reach SAR 32.25 million in Q1-FY24

Retrieved on: 
Sonntag, Mai 12, 2024
VRF, Vision 2030, Conditional sentence, Yoy, Home appliance, Electronics, Memorandum of understanding, Ministry of Investment, MISA, SAP, LG Electronics, EPS, Growth, Variable refrigerant flow, HVAC, Development, AC

Net profit1 of SAR 32.25 million, up 12.09% YoY, driven by strong revenue growth, enhanced operational performance, and lower finance costs.

Key Points: 
  • Net profit1 of SAR 32.25 million, up 12.09% YoY, driven by strong revenue growth, enhanced operational performance, and lower finance costs.
  • Shaker's strong Q1-FY24 performance reinforces the continued strength of its strategic initiatives driven by market differentiation and a robust growth strategy.
  • Demonstrating its commitment to achieving sustainable growth while strengthening its financial health, Shaker achieved a significant 24.08% reduction in net debt.
  • Additionally, further improvements in inventory management and working capital resulted in strong cash generation from operations, reaching SAR 30.98 million.

Mitsubishi Electric Trane HVAC US First Manufacturer to Earn New Department of Energy Training Recognition

Retrieved on: 
Mittwoch, Mai 8, 2024
Other Energy, Manufacturing, Public Policy, Government, Training, Residential Building & Real Estate, Energy, Commercial Building & Real Estate, Construction & Property, Building Systems, HVAC, Education, White House, Federal Government, Other Manufacturing, State, Local, Workforce, VRF, DOE, Primary energy, Knowledge, Variable refrigerant flow, Work, TREC, Inflation, Comfort, IRA

Mitsubishi Electric Trane HVAC US LLC (METUS), a leading supplier of Ductless and Ducted Mini-split and Variable Refrigerant Flow (VRF) heat pump and air-conditioning systems, has become the first manufacturer to receive the Energy Skilled recognition from the Department of Energy (DOE) for its Residential Heat Pump Installation and Comfort Advising training program.

Key Points: 
  • Mitsubishi Electric Trane HVAC US LLC (METUS), a leading supplier of Ductless and Ducted Mini-split and Variable Refrigerant Flow (VRF) heat pump and air-conditioning systems, has become the first manufacturer to receive the Energy Skilled recognition from the Department of Energy (DOE) for its Residential Heat Pump Installation and Comfort Advising training program.
  • The DOE launched the workforce training recognition program to support the development of a robust building systems workforce in the United States.
  • Company programs recognized as Energy Skilled offer training and certifications to prepare workers with the knowledge and skills to support residential electrification and energy efficiency.
  • The M&P - Series Essentials Course can be completed at a METUS training center or one of the 100+ distributor-operated METUS-authorized training centers.

Nagakawa and u-blox join forces to optimize energy consumption and reduce CO2 emissions in Vietnam buildings

Retrieved on: 
Mittwoch, April 10, 2024
Nagakawa, Electricity, Air conditioning, VRF, Communication, Artificial intelligence of things, LTE, Partnership, Internet of things, Building automation, Tablet, Internet, Natural Resources, BMS, HVAC, CO2, Ministry, Heat, Variable refrigerant flow, MQTT

The aim is to optimize energy consumption and reduce CO2 emissions in various buildings in Vietnam.

Key Points: 
  • The aim is to optimize energy consumption and reduce CO2 emissions in various buildings in Vietnam.
  • Such innovative developments will contribute to the Vietnamese government achieving its goal of net-zero CO2 emissions by 2050.
  • Supported by BEMServer, described as the world’s premier open source building energy management platform, and enabling manual or automatic adjustment of HVAC/VRF systems, the solution will help curb energy consumption and reduce CO2 emissions.
  • Nagakawa is partnering with u-blox and the BEESOTA 6G Alliance to build a comprehensive system, with gradual implementation into buildings planned throughout Vietnam.

Introducing Premier Wall-Mounted Indoor Units from Mitsubishi Electric Trane HVAC US

Retrieved on: 
Dienstag, März 19, 2024
Commercial Building & Real Estate, Construction & Property, HVAC, Utilities, Manufacturing, Building Systems, Energy, Other Construction & Property, Residential Building & Real Estate, VRF, Heat, Humidity, Multimedia, Variable refrigerant flow

Mitsubishi Electric Trane HVAC US LLC (METUS), a leading supplier of Ductless and Ducted Mini-split and Variable Refrigerant Flow (VRF) heat pump and air-conditioning systems, announces the introduction of Premier Wall-mounted Indoor Units (MSZ-GS/MSY-GS), an update to the former models (MSZ-GS/MSY-GL).

Key Points: 
  • Mitsubishi Electric Trane HVAC US LLC (METUS), a leading supplier of Ductless and Ducted Mini-split and Variable Refrigerant Flow (VRF) heat pump and air-conditioning systems, announces the introduction of Premier Wall-mounted Indoor Units (MSZ-GS/MSY-GS), an update to the former models (MSZ-GS/MSY-GL).
  • View the full release here: https://www.businesswire.com/news/home/20240319013488/en/
    Premier Wall-mounted Indoor Units from Mitsubishi Electric Trane HVAC US fit seamlessly into any home décor setting to provide comfort.
  • Part of a mini-split system, Premier Wall-mounted Indoor Units can heat or air-condition any residential room.
  • Premier MSZ-GS Indoor Units are compatible with single-zone and multi-zone heat pump outdoor units, including both single- and multi-zone Hyper-Heating INVERTER® (H2i®) units.

LG RECEIVES AHRI PERFORMANCE AWARD FOR SEVENTH CONSECUTIVE YEAR

Retrieved on: 
Mittwoch, März 20, 2024
Well, AHU, Certification, ACCL, LG, VRF, Heat, Heat recovery ventilation, AHRI, Air conditioning, Ventilation, Variable refrigerant flow, Research, Inverter compressor, Refrigeration, Multi, HVAC, Electronics, ERV, WCCL, LG Electronics, Air handler, Intertek

SEOUL, South Korea, March 20, 2024 /PRNewswire/ -- LG Electronics (LG) has received the Air-Conditioning, Heating & Refrigeration Institute (AHRI) Performance Award for the seventh year in a row. The award underscores the excellence of LG's heating, ventilation and air conditioning (HVAC) solutions, which continue to set the standard for performance, efficiency and reliability.

Key Points: 
  • SEOUL, South Korea, March 20, 2024 /PRNewswire/ -- LG Electronics (LG) has received the Air-Conditioning, Heating & Refrigeration Institute (AHRI) Performance Award for the seventh year in a row.
  • The award underscores the excellence of LG's heating, ventilation and air conditioning (HVAC) solutions, which continue to set the standard for performance, efficiency and reliability.
  • The product evaluations required to determine which companies will ultimately receive an AHRI Performance Award are largely carried out by Intertek, the respected third-party testing, certification and inspection organization.
  • The Multi V large-capacity outdoor unit, one of the outstanding LG solutions evaluated for the latest AHRI Performance Award, leverages the company's renowned Inverter Compressor to deliver a powerful, energy-efficient performance.

LG SHOWCASES LATEST INNOVATIVE HVAC SOLUTIONS AT MCE 2024

Retrieved on: 
Montag, März 11, 2024
Scroll, Carbon, HVAC, LG Electronics, Control unit, LCD, DUAL, Monobloc, Augmented reality, Air conditioning, Multi, MCE, CO2, Exhibition, Safety, Variable refrigerant flow, Person, Electricity, Soft, LG, VRF, LG ThinQ, Commercial Zone, Atmosphere of Earth, Energy, GWP, Temperature, Heat, Ventilation, Electronics, Atmosphere, ESS

SEOUL, South Korea, March 11, 2024 /PRNewswire/ -- LG Electronics (LG) is presenting its latest heating, ventilation and air conditioning (HVAC) solutions at Mostra Convegno Expocomfort (MCE) 2024 in Milan, Italy, from March 12-15. LG's booth will showcase the company's energy-efficient HVAC solutions for home and business, including the new DUALCOOL™ residential air conditioner indoor unit that provides a year-round pleasant indoor environment, residential heat pump solutions and commercial hydronic solutions employing low-Global Warming Potential (GWP) refrigerants.

Key Points: 
  • At Europe's Largest HVAC Exhibition, Company Introduces Highly Energy-Efficient Residential and Commercial Solutions Designed to Deliver Optimal Indoor Comfort
    SEOUL, South Korea, March 11, 2024 /PRNewswire/ -- LG Electronics (LG) is presenting its latest heating, ventilation and air conditioning (HVAC) solutions at Mostra Convegno Expocomfort (MCE) 2024 in Milan, Italy, from March 12-15.
  • The Commercial Zone also features LG's innovative heat recovery unit, designed to enhance the safety of R32-refrigerant-equipped HVAC solutions.
  • LG's industry-leading HVAC component solutions, including its efficient and durable compressors, will also be on display during the exhibition.
  • Visitors to LG's booth (#U28/Z16, Hall 5, Fiera Milano) at MCE 2024 can experience and explore the company's full portfolio of innovative HVAC solutions.

Variable Refrigerant Flow Systems Global Strategic Business Report 2024, Featuring Daikin, Fujitsu, Hitachi, Ingersoll-Rand, Lennox, LG Electronics, Midea, Panasonic, Samsung Electronics and UTC

Retrieved on: 
Mittwoch, März 6, 2024
Growth, Variable refrigerant flow, VRF

DUBLIN, March 6, 2024 /PRNewswire/ -- The "Variable Refrigerant Flow (VRF) Systems: Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 6, 2024 /PRNewswire/ -- The "Variable Refrigerant Flow (VRF) Systems: Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
  • Heat Pump Systems, one of the segments analyzed in the report, is projected to record 12.8% CAGR and reach US$29 Billion by the end of the analysis period.
  • Taking into account the ongoing post pandemic recovery, growth in the Heat Recovery Systems segment is readjusted to a revised 8.3% CAGR for the next 8-year period.
  • The Variable Refrigerant Flow (VRF) Systems market in the U.S. is estimated at US$4.6 Billion in the year 2022.