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Economizer market to touch USD 11.54 bn by 2022

The industrial segment is projected to lead the economizer market during the forecast period from 2017 to 2022. The market was valued at USD 7.70 bn in 2016 and projected to reach USD 11.54 bn by 2022, at a CAGR of 6.7 per cent. Growing demand for clean and cheap energy sources, cost-effective cooling, and power efficient boilers is fueling the growth of economizer market across the globe.Read more

HVAC equipment market to grow at 4.9 per cent CAGR by 2021

July 2017 – The latest trend gaining momentum in the HVAC equipment market is rise in incorporation of building automation systems. BAS control and monitor HVAC systems that are incorporated in buildings. BAS are embedded with digital communication tools that allow enhancing energy efficiency in these systems.Read more

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