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HVAC Equipment Market Continues Growth Through 2021

7/6/17

Natural Gas VRFAccording to the latest HVAC Equipment Market report, the global HVAC market will grow at a compound annual growth rate (CAGR) of 4.9 percent from 2017-2021.

The report cites key reasons for the continued growth in the HVAC market, including the growing construction sector. In fact, the latest data from the U.S. Census indicates that during the first five months of 2017, construction spending increased 6.1% over the same period in 2016. Increasing commercial and residential construction leads to increased demand for HVAC systems, which thereby drives market growth.

A second HVAC trend driving growth is building automation systems, which allows for expanded control and monitoring of the HVAC systems installed. YANMAR’s VRF systems include Daikin control options, which integrate our systems with two leading building management systems, BACNet® and LonWorks®. This means you can integrate new YANMAR outdoor units with Daikin indoor fan coil units and control hardware into your existing infrastructure; you can also take advantage of the advanced functionality and reporting available through these dedicated BMS platforms.

Additionally, YANMAR offers remote monitoring, which enables efficient customer service, ensures scheduled maintenance, provides low cost monitoring and provides energy data reporting.

To learn more about how YANMAR’s natural gas engine-driven HVAC systems are providing a more powerful, efficient way to heat and cool buildings, explore the rest of our website at www.yanmar-es.com.