Energy Efficiency

Energy Efficiency Market: 3 Things to Watch for in 2014

Groom CEO Jon Guerster provides his take on the near future for efficiency.

Last week, the Groom Energy team had our year-end meeting, reviewing 2013 and discussing our draft 2014 business plans. We brainstormed about energy efficiency market trends and came up with three things to watch for in 2014 — one economic, one application and one fun, futuristic idea.

Process Efficiency - nanostructure-coated

New Report Forecasts Moderate Worldwide HVAC Market Growth

The market is expected to be dominated by cooling systems, which are estimated to account for more than eight deciles of the overall industry growth. Of the different macroeconomic and microeconomic factors influencing the growth trends worldwide, rise in the number of new households, increase in disposable income, surge in demand for energy efficient and environment friendly products, and need of product upgrade or replacement demand are seen as key determinants.