(Reuters) -Carrier Global lowered its 2025 sales and profit forecasts on Tuesday, as it faces weak demand for heating, ventilation and air-conditioning products from residential markets. It also ...
With the U.S. in the midst of a massive heat wave during one of the warmest years on record, it is, in a word, hot. As temperatures rise—and look to keep rising over the coming years—the dangers of ...
There could be investment gold in a surprising place — air conditioning. This roughly $48 billion industry is expected to grow at a 1% annual rate in the next five years propelled by powerful trends — ...
On any scorching hot day, most of us head indoors to enjoy the air conditioner. It's a machine that was invented 117 years ago not out of comfort, but necessity. "It's allowed our society or any ...
(Reuters) - United Technologies Corp's Carrier unit expanded a recall of some air conditioners and heat pumps as their power cord plugs can overheat, posing a fire risk, the U.S. Consumer Product ...
Dublin, Feb. 27, 2025 (GLOBE NEWSWIRE) -- The "Central Air Conditioning Systems - A US Market Overview" report has been added to ResearchAndMarkets.com's offering. The U.S. Central Air Conditioning ...
The Global Home Central Air Conditioner market was valued at USD 106.60 billion in 2020. It is expected to grow at a compound annual rate (CAGR of 6.2%) between 2023 and 2030. Due to lower consumer ...
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