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NEW YORK, May 12, 2021 /PRNewswire/ The global air conditioning market by product (splits, chillers, airside, and others) and geography (APAC, Europe, North America, MEA, and South America) has been added to Technavio s offering. The global air conditioning market is expected to grow by USD 19.60 billion, at a CAGR of about 3% during 2021-2025.
Technavio has announced its latest market research report titled Air Conditioning Market by Product and Geography - Forecast and Analysis 2021-2025
The rapid spread of COVID-19 forced governments across the world to impose nationwide lockdowns. This resulted in a decline in the number of construction projects, which negatively affected the demand for air conditioning systems. However, the market is expected to recover in 2021 with the lift of restrictions and resumption of business activities.
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At 66 Storeys, EX3 will be Province s Tallest Geothermal Powered Condominium
MISSISSAUGA, ON, April 7, 2021 /CNW/ - Camrost Felcorp Inc., the developer of the award-winning Exchange District mixed-use new community in downtown Mississauga today announced that the drilling of 186 geothermal boreholes, which will provide an alternative energy source to two of the four towers in the development, have now been completed making way for the commencement of shoring and excavation. The project will bring off-grid energy to the rental tenants in the development s purpose-built rental tower, as well as guests of the planned boutique hotel structure, and, the 650 suites in the 66-storey EX3 condominium tower.
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