HVAC Controls
Net Zero Buildings Explored: GSA Wayne Aspinall Federal
March 14th, 2023Net Zero Buildings Explored: United Therapeutics
March 1st, 2023Carrier HVAC and Fire & Security 2022 Business Examined
In this Research Note, we examine the HVAC and Fire & Security business of Carrier, based on their 2022 10K Report, investor presentations and building technology-related digital business throughout 2022. Carrier Global Corporation is a global provider of healthy, safe, sustainable and intelligent building and cold chain solutions with a focus on providing differentiated, digitally-enabled […]
Systemair Ventilation Business 2022 Examined
Founded in 1974, Systemair AB is a ventilation and air conditioning group with operations in more than 50 countries. The firm has reported an operating profit every year since its establishment and, over the past 10 years, the company’s average growth has averaged over 9%. In the 2021/22 financial year, Systemair achieved sales of SEK […]
Mapping the Strategic Direction of Carrier in the Smart Buildings Space
This Research Note examines the emerging strategic priorities of Carrier Global Corporation in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the business, by categorizing the various business relationships by technology and investment type over a 3-year period. This article is intended as a non-exhaustive indicator of […]
Net Zero Buildings Explored: Powerhouse Brattørkaia
When the world’s northernmost net zero building uses solar power to generate twice as much energy as it consumes, then the green building movement seems more possible. The Powerhouse Brattørkaia in the fjord-side city of Trondheim, Norway, utilizes energy generation, storage, efficiency, and embodied carbon approaches to reach energy-positive status and even supplies clean power […]
Mapping the Strategic Direction of Schneider Electric in Smart Buildings – Part 1
This Research Note examines the emerging strategic priorities of Schneider Electric in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the Buildings business, by categorizing the various business relationships by technology and investment type over a 3-year period. This article, Part 1 of a 2-part analysis, is […]
Funding in the Smart Buildings Space Declined 11% in 2022
This Research Note highlights our analysis of funding levels raised by smart building established players and startups in 2022 from venture capital firms, private equity and strategic investors. Memoori has seen an 11% decrease in investment values compared to the record level of over $12 billion in 2021. Investment in the smart buildings space in […]
Midea Commercial Building Technologies Business Examined
In this research note, we examine the Chinese global company Midea Group Co Ltd, established as an electric fan manufacturer in 1968, the firm rose to prominence as an air conditioning producer in the 1980s. While it is still best known for its HVAC equipment business, Midea has become a diverse and recognised player across […]
Daikin Collaborates with Startups in the Smart Buildings Space
Headquartered in Tokyo, Japan, Daikin Industries Ltd, is the global No. 1 air conditioning manufacturer, with over 88,000 employees, 100 production sites, and more than $27 billion (3.1 trillion Japanese yen) in sales across the 170 countries in which it operates. Through joint development with partner companies that include customers and startups, the company is […]