Automated Storage and Retrieval Systems Market to Grow Rapidly at a CAGR of Approximately 7.6% durin

According to Fact.MR’s recently compiled report, the global air conditioning system market will record a CAGR of over 6% during the forecast period 2017 to 2026, in terms of value. Global sales of air conditioning systems are estimated to exceed 240,000 Mn units by 2026-end. Smart Thermostats Becoming the Control Element for Air Conditioning Systems The concept of connected home is witnessing a gradual rise over the past few years. Morphing of devices such as a basic thermostat into the breed of power smart thermostats has depicted the way residential appliances must adapt, re-invent and re-imagine their role in a connected home. Currently, powerful smart thermostats are the control element for air conditioning systems in connected homes. Owing to their benefits of monitoring temperature through computers and mobile devices, these thermostats are gaining momentum in small- and medium-sized commercial buildings. With the help of solar panels providing outdoor temperature informa...