With everything under the sun going ‘smart’, HVAC market is seeing a significant technology influence and impact in the way it operates, services, sustains and grows in multiple industries that have varying demands. Automated equipments, automation in customer services, technology becoming an ‘essential’ and not strategic part of any process are some of the growing trends that are impacting the HVAC market in ways not thought about a few years back. Add the ‘mobile’ factor to this technology frenzy and you see new aspects of HVAC market (ex: applications, softwares, etc.) being developed to ease the implementation and use of HVAC systems from perspectives of businesses as well as customers.
Market of HVAC systems, products and components is changing to keep up with these technological and mobile trends to ensure installations become easier, speedy and the overall HVAC system helps better efficiency. Efforts to improve product longevity in addition to efficiency growth are also being made by HVAC market players to stay competitive. Internet of Things (IoT) is another factor pushing the creative and innovative efforts of HVAC market companies in order to ensure their products / systems / offerings integrate seamlessly within a building automation network. This factor is gaining importance every single day as machines interact amongst themselves to a certain level without manual intervention. The presence and growth of ‘wireless’ in HVAC market (read how wireless is not equal to WiFi explained very well at espace.com) has its own significance given all the international and/or regional standards required to be met for different projects.
Alternative systems in HVAC market via the geothermal and radiant floor heating methods are gaining more acceptance in times when importance of energy efficiency and renewable energy is growing at a fast pace. With technology being developed and commercialized at a rapid speed, HVAC market is seeing and will further see alternative systems being used at incremental rates. Intelligent buildings will further give a push to the HVAC market with commercial and institutional building construction playing a leading role in this sector. An automotive HVAC system is another application area that is bound to see decent growth with automotive industry too adopting a lot of technology changes and driving innovation. With value estimates of over $68 billion by 2022, the HVAC market growth is supported by governments via policies & standards as well as rising consumer concerns and awareness that push HVAC companies and integrators focus on energy efficiency via technological advancements.
The latest addition on HVAC market research at eMarketOrg.com is titled Global HVAC (Heating Ventilation Air Conditioning) Market Professional Survey Report 2016. Covering the HVAC market applications of home, commercial and transport, this research talks about companies like Daikin, Ingersoll Rand, Johnson Controls, Carrier, Bosch, Panasonic, Mitsubishi Electric, Nortek, Lennox International, Samsung, LG, Schneider Electric, Rheem, Dectron International, Toshiba, ClimateMaster, Heinen & Hopman, Engineered Air, Goodman, S&S HVAC(Heating Ventilation Air Conditioning), Zhigao, Gree, Haier, Midea, Zhongjian, Shandong Yonghong, Sande, Powerland, Nanjing Beite and Shandong Longtai. Read more at http://emarketorg.com/pro/global-hvac-heating-ventilation-air-conditioning-market-professional-survey-report-2016/ .