Why are HVAC Businesses Investing Heavily in Advanced HVAC Control Systems?

Key takeaways:

• Introduction
• Advantages of HVAC control system
• Rise of the industry in Asia-Pacific and innovative product launches

HVAC (Heating, ventilation, and air conditioning) systems have become popular in residential and commercial applications due to their ability to offer thermal comfort and conducive air quality. Not just comfort, HVAC systems also play an important role in keeping the indoor air clean by flushing out harmful particles such as smoke, bacteria, carbon dioxide, and other toxic chemicals. However, one of the most important functions of HVAC systems is to control the humidity inside the room. For this, an HVAC system generally works with an HVAC control system that monitors the room's humidity levels and accordingly adjusts the ventilation. Advanced HVAC control systems employ sensors and thermostats to determine the humidity levels and send signals to the HVAC system. The HVAC system then adjusts the temperature, moisture, heat, and other parameters accordingly.

Why have advanced HVAC control systems become a must for modern industrial spaces?

A general trend witnessed in almost all manufacturing processes and electrical systems is that of automation. Automation has become the norm as it ensures precision and accuracy and brings down the possibility of errors caused by human intervention. Instead of depending on manual adjustments, modern HVAC systems rely on advanced HVAC control systems to offer signals on various parameters. The major advantage of employing HVAC control systems is that the efficiency of the HVAC system increases manifold. Since the sensors, thermostats, and actuators used in these control systems accurately determine indoor air conditions, they improve the functioning of the HVAC system, thereby helping save energy and costs.

Apart from this, HVAC control systems offer a variety of functionalities by using advanced thermostat devices. These thermostats and control systems allow the users to set different modes, adjust temperature, maintain humidity levels, and offer comfort in different seasons. Furthermore, with the advent of the Internet of Things (IoT) technology, the control systems have become even smarter. IoT-powered control systems are highly sensitive and can identify even the smallest changes in the prevailing climatic conditions. This further increases the automation level in the HVAC systems.

HVAC control systems have also become important to monitor the levels of dust, allergens, and air contaminants present in the air indoors. This is especially important from the point-of-view of manufacturing industries, food processing companies, biomedical facilities, and other such industrial facilities where keeping a superior level of air quality is paramount. In such cases, HVAC control systems monitor the levels of contaminants in the air and accordingly signal the HVAC system to turn on the ventilation. This ensures periodic filtration of the air and thus improves the indoor air quality substantially.

Analyzing the changing dynamics of the advanced HVAC control systems industry

The advanced HVAC control systems sector has experienced a major boost in the past few years owing to the rising adoption of building automation systems (BAS) globally, especially in different developing countries of the Asia-Pacific region. As a result of this, the high population growth witnessed in the countries of Asia-Pacific and the rapid pace of urbanization in these countries have increased the demand for HVAC control systems. Furthermore, the expanding construction sector in countries such as India and China has helped in the growth of this industry in these countries. Owing to these factors, the Asia-Pacific region is anticipated to gather the highest market share in the sector. The India advanced HVAC control systems industry is expected to grow at a stunning CAGR of 11% during the 2023-2032 timeframe.

Another major factor that has contributed to the growth of this sector globally is the role of private players operating in this domain. Many leading companies have launched their products which have helped them gain a significant lead over their peers in the industry. For instance, Johnson Controls-Hitachi, a major HVAC systems manufacturer, announced the launch of the Hitachi air365 Hybrid dual fuel system. With a combined heat pump and furnace system, the HVAC system significantly reduces carbon emissions. The company released a statement saying that the product launch was in line with the company’s commitment to environmental sustainability.

Similarly, Daikin Applied recently launched its cloud-based portfolio of HVAC control systems called SiteLine™ Building Controls. These HVAC control systems help monitor and control HVAC systems using cloud technology. The company claimed this advanced HVAC control system will significantly improve indoor air quality while reducing carbon emissions drastically. 

To conclude, the changing nature of industrial activities and rising pollution across the globe has led to an increase in demand for HVAC systems. Over the past few years, these HVAC systems have been accompanied by advanced HVAC control systems that help adjust the temperature, humidity, and air quality according to the changing climatic conditions. With innovative product launches, many key players in this industry have positively impacted this domain’s growth.

To get an in-depth analysis of the growth drivers and investment opportunities in the industry, feel free to contact us.

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