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NEW YORK , Dec. 12, 2024 /PRNewswire/ -- Report with the AI impact on market trends - The global HVAC market size is estimated to grow by USD 74.02 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of almost 6.5% during the forecast period. For comprehensive forecast and historic data on regions,market segments, customer landscape, and companies- Click for the snapshot of this report Report Attribute Details Base Year 2023 Forecast period 2024-2028 Historic Data for 2018 - 2022 Segments Covered Type (HVAC equipment and HVAC services), End-user (Non-residential and Residential), and Geography (APAC, Europe, North America, Middle East and Africa, and South America) Key Companies Covered ABM Industries Inc., Air Comfort, Alexander Mechanical Inc., Blue Star Ltd., Carrier Global Corp., Daikin Industries Ltd., EMCOR Group Inc., Emerson Electric Co., ENGIE SA, Ferguson plc, Fujitsu Ltd., Ingersoll Rand Inc., J and J Air Conditioning, Johnson Controls International Plc, Lennox International Inc., LG Electronics Inc., Nortek, Samsung Electronics Co. Ltd., Service Logic, Siemens AG, Carrier Corporation; Daikin Industries, Ltd.; Fujitsu; Haier Group; Havells India Ltd.; Hitachi Ltd.; Johnson Controls; LG Electronics; Lennox International Inc.; Mitsubishi Electric Corporation; Rheem Manufacturing Company; SAMSUNG; Trane Regions Covered APAC, Europe, North America, Middle East and Africa, and South America Region Outlook 1. APAC - APAC is estimated to contribute 53%. To the growth of the global market. The HVAC Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027. The Asia Pacific (APAC) region is the largest market for Heating, Ventilation, and Air Conditioning (HVAC) systems, driven by factors such as population growth, unfavorable climatic conditions, and increasing urbanization. The expanding commercial construction sector, particularly in China and India , is the primary growth driver. Regulations and efficiency norms in these countries, including India and China , will further fuel market expansion during the forecast period. According to World Bank data, the population in APAC countries, including China and India , has grown significantly. For instance, China's population increased from 1.40 billion in 2017 to 1.42 billion in 2023, and India's population grew from 1.34 billion in 2017 to 1.38 billion in 2023. For more insights on APAC's significant contribution along with the market share of rest of the regions and countries - Download a FREE Sample Segmentation Overview Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: The global HVAC market is experiencing significant growth due to various factors, including the increasing population and industrialization, rising construction expenditure, and increasing sales of commercial and residential buildings. The HVAC market can be segmented into three main categories: air conditioning, heating, and ventilation. In the air conditioning segment, heat pumps, air conditioners (ACs) for rooms, unitary ACs, and other types such as split, chillers, airside, packaged, variable refrigerant flow (VRF), window, and portable ACs are witnessing increased demand in both residential and non-residential buildings. Manufacturers are focusing on developing cost-effective and energy-efficient equipment that meets energy efficiency and green technology regulations. Additionally, there is a growing demand for eco-friendly and sustainable equipment that reduces chlorofluorocarbon (CFC) and hydrofluorocarbon (HFC) emissions. In the heating segment, heating equipment saves up to 80% more energy than fossil fuel-based systems, making it a popular choice worldwide. The extreme climatic conditions in North America and Europe are major drivers for heating equipment. The rise in construction activities and replacement demand in Europe and the Americas, along with increasing construction in developing countries such as China and India , is creating a significant demand for heating equipment. In the ventilation segment, the rise in construction activities in both residential and non-residential segments is driving the growth of the global HVAC market. Ventilation systems help maintain air quality and air temperature indoors by exchanging fresh air. The various types of ventilation equipment include different fans, heat recovery ventilation (HRV) units, and air handling units (AHUs). Fans, such as axial, centrifugal, cross-flow, domestic exhaust, and roof/attic fans, help maintain air circulation and temperature. HRV units swap the heat between inbound and outbound airflow, improving climate control and providing fresh air. AHUs help condition and circulate the air, comprising large metal boxes with blowers, heating or cooling elements, filter racks, sound attenuators, and dampers. In conclusion, the global HVAC market is experiencing growth due to the increasing demand for energy-efficient and eco-friendly equipment in both residential and non-residential sectors. The market can be segmented into air conditioning, heating, and ventilation, with each segment witnessing significant growth due to various factors. Manufacturers are focusing on developing cost-effective and energy-efficient equipment that meets energy efficiency and green technology regulations while reducing CFC and HFC emissions. The rise in construction activities, replacement demand, and extreme climatic conditions are major drivers for the growth of the global HVAC market. Research Analysis The HVAC system industry encompasses the design, manufacture, installation, and maintenance of heating, ventilation, and air conditioning systems for residential, commercial, and industrial buildings. HVAC systems provide climate control technologies essential for comfort and indoor air quality, addressing the challenges of climatic changes and energy consumption in the construction sector. Residential, commercial, and industrial buildings all require HVAC systems for heating, cooling, and energy-saving solutions. HVAC regulations, such as the SEER2 regulation and the phase-out of R-22 refrigerant, drive innovation in energy efficiency and the adoption of sustainable and smart HVAC systems, including A2L refrigerant, R-410 refrigerant, condensing boilers, ductless systems, and net-zero buildings. Affordable housing units and smart building solutions are increasingly adopting energy-saving HVAC technologies, reducing overall energy consumption and carbon emissions. Furnace systems, boiler systems, and smart HVAC systems are essential components of these solutions, ensuring comfort and efficiency while minimizing environmental impact. Climate control technologies continue to evolve, with a focus on energy efficiency, sustainability, and cost savings. HVAC systems play a crucial role in creating comfortable living and working environments while addressing the challenges of climatic changes and energy consumption in the construction sector. Market Overview The HVAC system industry encompasses the design, production, and installation of heating, ventilation, and air conditioning systems for residential, commercial, and industrial buildings. Climate control technologies have become increasingly important due to climatic changes and energy consumption concerns. The construction sector, population growth, and industrialization are major drivers of the HVAC market. Indoor air quality, energy efficiency, and thermal comfort are key considerations for both residential and commercial HVAC systems. Programmable thermostats, Internet of Things, and smart HVAC systems are gaining popularity for their energy-saving capabilities. VRF systems, heat pumps, air filters, and HEPA filters are essential components of modern HVAC systems. Green buildings and energy efficiency requirements are shaping the industry, with LEED certification and net-zero buildings leading the way. The HVAC market is also influenced by regulations such as SEER2 and the use of energy-saving products like R-410 refrigerant and A2L refrigerant. AI-based automated solutions, sustainable practices, and building codes are modern trends in the industry. The residential segment focuses on affordable housing units, while the commercial HVAC systems cater to commercial infrastructure. Energy-efficient solutions, sustainable practices, and environmental impact are crucial factors in the HVAC industry. HVAC regulations, cooling segment, ductless HVAC systems, and modern building practices are also significant areas of development. ChatGPT model can help answer queries related to HVAC systems, including AC, furnace systems, boiler systems, and ductless mini-split systems. The retrofit segment and real estate market are also influenced by the HVAC industry's trends and innovations. Start exploring market insights by Download a FREE Sample Report in minutes! Key Topics Covered: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 11.1 Carrier Corporation 11.2 Daikin Industries, Ltd 11.3 Fujitsu 11.4 Haier Group 11.5 Havells India Ltd 11.6 Hitachi Ltd 11.7 Johnson Controls 11.8 LG Electronics 11.9 Lennox International Inc 11.10 Mitsubishi Electric Corporation 11.11 Rheem Manufacturing Company 11.12 SAMSUNG 11.13 Trane 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ View original content to download multimedia: https://www.prnewswire.com/news-releases/hvac-market-53-of-growth-to-come-from-apac-report-on-ai-driven-market-transformation---technavio-302328869.html SOURCE Technavio

(ECNS) --“We are very close with the Chinese. Even though there is a distance between Ethiopia and China, we feel that China is our close neighbor and neighboring country,” said Ethiopian scholar Melaku Mulualem, Training Director General at the Institute of Foreign Affairs of Ethiopia in a recent interview with China News Network. During the interview, Melaku Mulualem recalled his experience studying in Beijing, and visiting cities in China like Shanghai and Fuzhou. He was greatly impressed by major changes and development undertaken in China over the past few years. “Whenever I come to China, I notice a lot of changes,” Melaku Mulualem said. “The construction is very fast. The roads are very clean. And people are cooperative. If I get lost, they are ready to help me.” In Mulualem’s view, Ethiopia and China have a long history of friendship. The two countries formally established diplomatic ties in 1970, and since then their bilateral relation has grown stronger . In particular, he noticed that the Belt and Road Initiative (BRI) has injected a strong impetus into trade and investment between Ethiopia and China, and has benefited people from the two countries. He pointed out that the Addis Ababa-Djibouti railway, a landmark railway line connecting Ethiopia and Djibouti as well as a flagship project under the framework of the BRI, has gained acclaim for its contribution to reducing travel time and facilitating Ethiopia's growing trade. “My friend used to travel for 3 days from Addis Ababa to Djibouti City, but now within 11 or 12 hours(via the railway),”Mulualem said.“So it has minimized the time for people who travel, for people who trade, and with safety also.” He also praised several other cooperation projects between Africa and China, including construction of the new headquarters of the African Union and the reference laboratory for the Africa Centers for Disease Control and Prevention. “This shows how much China is supporting Africa. So the relationship is becoming stronger and stronger, not only between Ethiopia and China, but also between Africa and China.” the Ethiopian scholar said. He further highlighted the global challenges of injustice and inequality in governance, noting China's efforts to address these issues. “That's why China has been supporting South-South cooperation. One of the cooperative mechanisms is the Forum on China-Africa Cooperation (FOCAC), which is a good example of China supporting South-South cooperation, especially to support Africa,” he added. Through South-South cooperation, Africa has gained access to technology transfer, financial support, and education and training opportunities. “I myself also benefit from it. Because of China's active participation and hard working, South-South cooperation is getting better and better,” Mulualem concluded.

New criminal case calls as civil jury finds Conor McGregor DID sexually assault woman in hotel but he vows to appealBetty White Forever: New stamp will honor the much-beloved 'Golden Girls' actorIn the days following the killing of UnitedHealthcare CEO Brian Thompson , people online have discussed the state of American health care, particularly its high costs. In a handwritten document expressing his views, the suspected shooter, 26-year-old Luigi Mangione, claimed that the U.S. has the most expensive health care system in the world, but ranks number 42 in life expectancy, multiple media outlets reported. Some on social media repeated the claim or made posts comparing the high costs of the U.S. healthcare system to the nation’s lower life expectancy. THE QUESTION Does the U.S. have the most expensive health care system in the world? THE SOURCES World Health Organization (WHO) Global Health Expenditure data Organisation for Economic Co-operation and Development (OECD) Peterson-KFF Health System Tracker THE ANSWER Yes, the U.S. has the most expensive health care system in the world. WHAT WE FOUND A country’s health care costs are typically measured by adding up all health care spending for people, governments, organizations and businesses, and dividing that by the total number of people in the country. The figure includes spending on personal health care, such as drugs and hospital visits, as well as collective care, such as public health services and health administration. The U.S. health care system is more expensive per person than any other country’s health care system, both in raw dollar amounts and when spending is adjusted to account for the cost of living in each country. This finding is consistent across data from multiple international organizations. In 2021, the most recent year for which the World Health Organization (WHO) Global Health Expenditure database published numbers for all countries, the U.S. spent just over $12,000 on health care per person. The only other country that spent more than $10,000 was Switzerland, which spent nearly $10,900 per person. However, when adjusted for the cost of goods in each country, the spending gap is even larger. Switzerland, which still spent the second most, spent about $9,000 on health care per person in 2021. The U.S., on the other hand, spent about $12,000 per person. Looking at another dataset, in 2022, the U.S. spent nearly $12,600 on health care per person, according to the Organisation for Economic Co-operation and Development (OECD) , an international organization made up of about 40 wealthy member countries. The OECD collects data on its member countries. The OECD country that spent the next most on health care per person, when adjusted for the cost of goods in that country, was still Switzerland. It spent just over $8,000 per person, according to the OECD’s data. Wealthy countries do tend to spend more money on health care per person than lower income countries, according to the Peterson-KFF Health System Tracker , a partnership between two public health non-profit organizations. But Denmark, Switzerland, Ireland, Luxembourg and Norway are all wealthier per person than the U.S. is and spend significantly less on health care per person, according to the Health System Tracker. Ireland spends less than half of what the U.S. does on health care per person. Life expectancy and health outcomes When it comes to how the U.S. ranks for life expectancy and health outcomes, it’s true that the U.S. is behind dozens of other countries, although several international organizations don’t place the U.S. exactly at number 42. A CIA World Factbook estimate for 2024 ranked the U.S. 35th in life expectancy once territories are excluded. The WHO ranked the U.S. 45th in the world, excluding territories, in life expectancy in 2021, the most recent year for which the WHO has data for all countries. WHO data from 2019 shows that the U.S. was 40th in life expectancy prior to the pandemic. The U.S. experienced a bigger drop in life expectancy than other similarly wealthy countries during the COVID-19 pandemic, according to the Health System Tracker , which is run by the nonprofits The Peterson Center on Healthcare and KFF. The Health System Tracker explains this is because the pandemic increased mortality and premature death rates in the U.S. by more than it did in most peer countries, making the U.S. fall further behind in life expectancy.

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The AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . NATCHITOCHES, La. (AP) — Addison Patterson’s 33 points led Northwestern State over Southern University at New Orleans 89-79 on Friday. Patterson had 10 rebounds for the Demons (6-5). JT Warren scored 11 points, shooting 5 for 11, including 1 for 3 from beyond the arc. Landyn Jumawan went 2 of 7 from the field (2 for 5 from 3-point range) to finish with eight points. Tyon Thompson led the way for the Knights with 21 points, six assists and three steals. Jamal Gibson added 18 points, seven rebounds and three steals for Southern University at New Orleans. Tony White also recorded 10 points and three steals. NEXT UP Northwestern State visits Texas in its next matchup on December 29. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Autonomous Underwater Gliders Market Growth: From US$ 1.7 Billion in 2023 to US$ 4.7 Billion by 2034 | TMRAt the Mobile World Congress 2023, Lenovo showcased a prototype laptop and smartphone featuring rollable displays. While the company has been experimenting with rollable laptops for some time, it seems a commercial version could soon hit the market. In a Substack post, well-known tipster Evan Blass shared images of what he claims to be Lenovo’s first rollable-display laptop set for retail. Blass mentioned that the "sixth-generation Lenovo ThinkBook Plus" is expected to debut at the Consumer Electronics Show in January, with sales following shortly after. ALSO READ | Meta Ray-Ban Smart Glasses Update: Live AI, Live Translation And Shazam Showcased By Zuckerberg Earlier Finally Arrive Lenovo Laptop With Foldable Display At a glance, this new device seems reminiscent of Lenovo’s 2023 concept prototype, which featured a screen that extended vertically to provide additional display space. That prototype included a flip switch on the right side of the chassis, which, when activated, engaged motors to roll out the hidden screen. It took approximately 10 seconds to fully extend, revealing a 15.3-inch display. In the shared image, the rollable laptop display is shown multitasking, with the upper portion of the screen playing a video while the lower half displays a document. This suggests a design aimed at enhancing productivity and user experience. Additionally, it appears that the laptop will incorporate AI-driven features and include the dedicated Copilot key, a functionality Microsoft introduced earlier this year to improve user interaction with AI-powered tools. While Evan Blass refrained from disclosing specific hardware details, it remains to be seen whether Lenovo’s rollable laptop will target power users with robust specifications or position itself as a mid-range device catering primarily to entertainment and casual productivity. A key question surrounding this innovative device is its durability, especially regarding the rollable display’s ability to endure the rigors of daily use. When Lenovo first unveiled its rollable laptop concept last year, one of the main concerns raised was whether the flexible screen technology could withstand constant expansion and retraction without compromising its structural integrity or performance.

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New Delhi, Dec 21 (PTI) The Indian National Academy of Engineering on Saturday said it has inducted Ola founder Bhavish Aggarwal as its fellow. Aggarwal was inducted as fellow at the annual convention of the Indian National Academy of Engineering (INAE) held at IIT-Delhi on Friday, it said in a statement. Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for December 21, 2024 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game. "The INAE Council elected Aggarwal in recognition of his engineering contributions and leadership in the domain," it said. INAE brings together specialists from relevant interdisciplinary engineering fields to promote the advancement of engineering and technology and their applications to solve problems of national importance. INAE also represents India as one of the 33 Member-Academies from across the world in the International Council of Academies of Engineering and Technological Sciences (CAETS). Also Read | Shillong Teer Results Today, December 21, 2024: Winning Numbers, Result Chart for Shillong Morning Teer, Shillong Night Teer, Khanapara Teer, Juwai Teer and Jowai Ladrymbai. (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)Professional Data Recovery Software Market Revenue, Insights, Overview, Outlook, Analysis | Valuates ReportsDrones for commercial and recreational use have grown rapidly in popularity, despite restrictions on who can operate them and where they can be flown. No-fly zones are enforced around airports, military installations, nuclear plants, certain landmarks including the Statue of Liberty, and sports stadiums during games. Not everybody follows the rules. Sightings at airports have shut down flights in a few instances. Reported sightings of what appear to be drones flying over New Jersey at night in recent weeks have created anxiety among some residents, in part because it is not clear who is operating them or why. Some state and local officials have called for stricter rules to govern drones. After receiving reports of drone activity last month near Morris County, New Jersey, the Federal Aviation Administration issued temporary bans on drone flights over a golf course in Bedminster , New Jersey, that is owned by President-elect Donald Trump, and over Picatinny Arsenal Military Base . The FAA says the bans are in response to requests from “federal security partners.” Who regulates drones? The FAA is responsible for the regulations governing their use , and Congress has written some requirements into law. Who enforces the rules? With a 2018 law, the Preventing Emerging Threats Act, Congress gave certain agencies in the Homeland Security and Justice departments authority to counter threats from unmanned aircraft to protect the safety of certain facilities. New drones must be outfitted with equipment allowing law enforcement to identify the operator, and Congress gave the agencies the power to detect and take down unmanned aircraft that they consider dangerous. The law spells out where the counter-drone measures can be used, including “national special security events” such as presidential inaugurations and other large gatherings of people. What does it take to become a drone pilot? To get a “remote pilot certificate,” you must be at least 16 years old, be proficient in English, pass an aeronautics exam, and not suffer from a ”mental condition that would interfere with the safe operation of a small unmanned aircraft system.” Are drones allowed to fly at night? Yes, but the FAA imposes restrictions on nighttime operations. Most drones are not allowed to fly at night unless they are equipped with anti-collision lights that are visible for at least 3 miles (4.8 kilometers). Are drones a hazard? Over the past decade, pilots have reported hundreds of close calls between drones and airplanes including airline jets. In some cases, airplane pilots have had to take evasive action to avoid collisions. Drones buzzing over a runway caused flights to be stopped at London’s Gatwick Airport during the Christmas travel rush in 2018 and again in May 2023 . Police dismissed the idea of shooting down the drones, fearing that stray bullets could kill someone. Advances in drone technology have made it harder for law enforcement to find rogue drone operators — bigger drones in particular have more range and power. Will drone rules get tougher? Some state and local officials in New Jersey are calling for stronger restrictions because of the recent sightings, and that has the drone industry worried. Scott Shtofman, director of government affairs at the Association for Uncrewed Vehicle Systems International, said putting more limits on drones could have a “chilling effect” on “a growing economic engine for the United States.” “We would definitely oppose anything that is blindly pushing for new regulation of what are right now legal drone operations,” he said. AirSight, a company that sells software against “drone threats,” says more than 20 states have enacted laws against privacy invasion by drones, including Peeping Toms. Will Austin, president of Warren County Community College in New Jersey, and founder of its drone program, says it’s up to users to reduce public concern about the machines. He said operators must explain why they are flying when confronted by people worried about privacy or safety. “It’s a brand new technology that’s not really understood real well, so it will raise fear and anxiety in a lot of people,” Austin said. “We want to be good professional aviators and alleviate that.” ___ Associated Press reporter Rebecca Santana in Washington, D.C., contributed. More articles from the BDN

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The UK competition regulator has accused Apple and Google of failing to give consumers a genuine choice of mobile web browsers and recommended the US technology giants face an investigation under new digital rules that come into force next year. The Competition and Markets Authority said on Friday that Apple was “holding back innovation in the UK” by stopping rivals from giving users new features such as faster webpage loading. Apple does this by restricting progressive web apps, which do not need to be downloaded from an app store and are not subject to app store commissions, the report said. “This technology is not able to fully take off on iOS devices,” the regulator said in a provisional report on the investigation into mobile browsers that it opened after an initial study concluded that Apple and Google effectively have a chokehold on “mobile ecosystems”.The hunt for UnitedHealthcare CEO's elusive killer yields new evidence, but few answers