US HVAC Services News

Recent industry report about US HVAC Services company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ US HVAC Services Market industry experts.

US HVAC Services News

  • May 2022: NearU Services announced its partnership with Bullman Heating and Air, an HVAC service provider in North Carolina. The collaboration with Bullman and NearU's May partnership with Mountain Air Mechanical Contractors will boost NearU's service capabilities in the rapidly-growing Asheville area.
  • January 2022: Marcone, a home appliance, HVAC, and plumbing repair parts distributor across North America, announced the acquisition of Munch, a distributor of HVAC equipment, parts, and supplies. The acquisition established Marcone as one of the leaders in the HVAC sector.
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  • August 2022 - Arizone entered the North American market with a unique smart control solution for HVAC inverter systems. With Aidoo Pro from Airzone, HVAC professionals can seamlessly integrate HVAC inverter systems with top-rated thermostats. This will offer unmatched levels of efficiency, energy savings, connectivity, and comfort to areas like the United States and Canada. Aidoo Pro bridges proprietary HVAC inverters, mini-split manufacturers' protocols, and IoT (Internet of Things) device APIs.
  • July 2022 - Carrier Corporation introduces the 38MG (R/H)B, a unique high-performance series in its multizone heat pump portfolio of ductless outdoor systems, replacing the current 38MGR series. These unique units began phasing in as of June 2022 in conjunction with the phase-out of 38 MGR units.
  • July 2023: Rhenus Warehousing Solutions launched a new project with global AMR manufacturer Geek+ at the Rhenus Innovation Hub. The project deploys autonomous mobile robots (AMRs) to transport small and flat packaged goods as a ‘tote-to-person’ solution (TTP). The official go-ahead for the project makes Rhenus the first company in Hong Kong to use both TTP & GTP solutions from Geek+ in its real-time operations.
  • May 2023: China Resources Logistics is acquiring the industrial assets known as Kerry Warehouse (Chai Wan) and Kerry Warehouse (Shatin) for HKD 2.29 billion ( USD 370 Million) and HKD 2.33 billion (USD 297 Million), respectively, according to a filing with the Hong Kong Stock Exchange. The Kerry Warehouse in Shatin, located at 36-42 Shan Mei Street in the New Territories, spans 404,374 sq ft of floor area across 18 storeys and is just a five-minute drive from Fo Tan MTR station.
  • May 2023 - CBM Pte Ltd and Willowmore Pte Ltd partnered to develop the first intelligent integrated facilities management platform, which would revolutionize the facility management industry by using 5G, IoT, digital twin, data analytics, RPA, and AI technologies with robots and automation, to deliver the first fully integrated approach to the complex business of facility and infrastructures management. The new platform will be designed to enable predictive maintenance, real-time monitoring, automated reporting, two-way communications, and active/adaptive control.
  • April 2023 - Grundfos, a provider of advanced pump solutions and water technologies, inaugurated the international headquarters of its Commercial Building Services (CBS) division in Singapore. The move mainly came from heightened demand for resource-efficient solutions to foster a sustainable built environment in Singapore and the region, where around 56% of ASEAN's population has been expected to be urban by 2030.
  • March 2023: The Indian start-up Unbox Robotics launched sortation robotics, which can assist in parcel sorting and order consolidation. This robotics technology enables customers to process parcel sortation efficiently and scale up their operations. The system can be installed in less than two weeks and can sort items/parcels ranging from 1,000 to 20,000 per hour on demand, making it useful for both small e-commerce startups and large multinational corporations.
  • February 2023: Ninja Van, a logistics tech-enabled company, integrated an automation system for parcel sorting. This automation system can weigh, measure, and scan up to 30,000 parcels per hour. The system also provides accurate real-time parcel data, increasing sorting and parcel tracking efficiency.
  • September 2022 : Amazon India launched a Sortation Centre in Gujarat, which sorts and connects customer packages to delivery stations in Ahmedabad and other cities in the state. The launch was planned to deliver packages faster, reliably, and safely before the festive season sale.
  • June 2023 - Rotork extended the CK range of modular electric valve actuators to include a new part-turn variant, the CKQ. The entire range has a modular design that provides high degrees of configurability and flexibility while enabling quick delivery.
  • March 2023 - Attune launched its latest product for outdoor air quality monitoring. The Outdoor Air Quality Monitoring (OAQ) Kit repackages Attune's UL-2905-certified indoor air quality monitoring sensors for outdoor usage, delivering data on air quality around any given site.
  • February 2023: Danfoss announced the construction of a new compressor and sensor manufacturing facility in Apodaca, Mexico. The new expansion is expected to produce medium and large scroll compressors, pressure sensors for HVAC/R, and A2L leak detection sensors for residential and commercial air conditioning and refrigeration. The facility is expected to be ready by the end of 2024, starting with a capacity for 100,000 compressor units, 1.6 million pressure sensors, and 1 million A2L leak detection sensors.
  • January 2023: Lennox Industries announced the newest additions to its industry-leading lineup of smart products with the launch of the Lennox S40 Smart Thermostat and its accompanying accessories, including the Lennox Smart Air Quality Monitor and the Lennox Smart Room Sensor. In addition to maximizing comfort and energy savings for homeowners, the Lennox S40 Smart Thermostat also unleashes the full potential of Lennox heating and cooling systems.
  • August 2022: Levoit launched the OasisMist Smart Humidifier, a new dual-mist humidifier. The product offered a user-friendly design, quick-humidifying technology, and sleep mode for all seasons and produced a continuous fine mist for up to 45 hours. It could maintain the preferred humidity level with the built-in sensor that automatically adjusts the mist output.
  • March 2023 - The Master Group Announced a partnership with Ohio-based RSC to Expand its footprint in the US HVAC-R Industry. The Master Group and RSC's collaboration would enable companies to enhance their services, products, and value proposition to their customers. The collaboration reflects the companies' shared commitment to quality, customer satisfaction, and innovation, and the partnership is expected to provide a significant growth opportunity for the organizations.
  • January 2023 - Air conditioning technologies providers LG Electronics USA unveiled new HVAC innovations for the residential builder market, encompassing energy-efficient heat pump technology, inverter technology, and solutions for indoor air quality at the 10th annual Design and Construction.
  • January 2023: SMACNA released its latest edition of the Fire, Smoke, and Radiation Damper Installation Guide for HVAC Systems. The latest development features a slew of new information regarding damper installations and updated ICC, UMC, and NFPA code references. The revised standard provides contractors, designers, and other industry professionals with all the information needed to install and inspect fire, smoke, and radiation dampers.
  • January 2023: Equium, a French-based startup, developed a thermo-acoustic heat pump core that produces 3 kW to 4 kW of heat for every kilowatt of power it consumes. The new refrigerant-free device can generate up to 80 degrees Celsius of domestic hot water. The units can be scaled from 1 kW to 3 kW and are designed for residential applications.
  • May 2023: Emerson introduced the ASCO Series 209 proportional flow control valves, which offer the highest standards of precision, pressure ratings, flow characteristics, and energy efficiency available in a purpose-built, compact architecture. With this combination of size and performance, Series 209 valves allow users to precisely regulate fluid flow in a wide range of devices that require exacting performance, like those found in medical equipment, food and beverage, and the heating, ventilation, and air conditioning (HVAC) industries.
  • March 2023: Attune launched its new outdoor air quality monitoring product. The Outdoor Air Quality Monitoring (OAQ) Kit repackages Attune's UL-2905-certified indoor air quality monitoring sensors for outdoor use, providing data on air quality around any given site.
  • January 2023: The Home Connectivity Alliance, an organization dedicated to the development and promotion of secure interoperability and energy savings across HVAC systems, long-life appliances, and TVs within the connected home ecosystem, announced the release of its HCA Interface Specification 1.0 for cloud-to-cloud interoperability at CES 2023 in the United States.
  • January 2023: Schneider Electric launched Schneider Home, a home energy management solution for homeowners looking for savings, comfort, and energy independence. The company launched the product at the Consumer Electronics Show in the United States. Schneider Electric has eliminated the complexity for homeowners by automating energy production, storage, measurement, and control.

US HVAC Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)