Report updated on 11th September, 2021: Global Advanced HVAC Control Market By Type (Programmable HVAC Control , and Smart HVAC Control), By Application (Commercial , and Residential), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)
Trusted Business Insights has published a comprehensive market research report on, Global Advanced HVAC Control Market by Product Type (Programmable HVAC Control, Smart HVAC Control, Other Types), By Application (Industrial, Commercial, Residential, Other Applications), and by Region -Global Forecast to 2030. It offers a holistic view of the Global Advanced HVAC Control Market through systematic segmentation that covers every aspect of the target market.
The Global Advanced HVAC Control Market was valued at US$ 3061.7 Mn in 2020 and is expected to reach US$ 8538.6 Mn by 2030, growing at a CAGR of 10.8%.
HVAC is known as Heating, Ventilation and Air Conditioning technology of environmental comfort. HVAC system reduces heat and enhances the indoor air quality by removing carbon dioxide, moisture, dust, smoke, airborne bacteria, unpleasant smells and other gases for a better environment in domestic and commercial buildings such as apartments, office buildings, hotels, hospitals etc. HVAC system works on the principle of heat transfer, thermodynamics and fluid mechanics.
Advanced HVAC system is a fully programmable system which may be customized as per the intended use. Advanced HVAC system program can be coded for controllers, time schedules, timers, trend logs, logic and alarm. Advanced HVAC control system works as the decision maker for HVAC system as it controls heat pump, flow of air and sets the indoor environment according to the outside environment condition. Advanced HVAC control devices allow the HVAC system to work energy efficiently while reducing the energy consumption and cost.
Global Advanced HVAC Control Market Revenue (US$ Mn), 2021 to 2030
An increasing demand for the replacement of conventional HVAC systems to smart HVAC systems, which works on intelligent technology, is helping in increasing the growth of
Advanced HVAC Control System Market.
Technology advancement in the I-O-T (Internet of Things) and increasing proliferation of smart devices is uplifting the development of advanced HVAC control devices which utilize remote sensors to alter output automatically on the basis of outer climate and humidity is expected to help in market growth.
However, high capital and R&D investments of the Advanced HVAC Market may restrict the growth of the market. Also, high installation, maintenance cost and large skeletons of HVAC or BAS systems may obstruct the market growth. Nonetheless, the rapid growth of construction in the industrial segment is expected to aid the market growth of advanced HVAC control market. Advanced HVAC control market is also expected to grow due to the increasing popularity of HVAC system in nations where both cooling and heating systems are used. Countries which are developing at a rapid pace, require air quality observing devices to avert respiratory diseases owing to excessive pollution, which in turn is expected to boost advanced HVAC control market growth.
Global Advanced HVAC Control Market is segmented on the basis of product type, application and region.
On the basis of product type, the market is segmented into programmable HVAC control, smart HVAC control and other types. Programmable HVAC Control segment is estimated to contribute 30.9% in 2018 and is expected to grow at a CAGR of over 5% during the forecast period.
Global Advanced HVAC Control Market by Product Type, 2021 to 2030
On the basis of application, the market is segmented into industrial, commercial, residential and other applications. The residential application accounts for a majority share in the Global Advanced HVAC Control Market and is projected to grow stable pace during the forecast period.
On the basis of region, the market is segmented into North America, South America, Europe, Asia-Pacific, Africa and Middle East. North America accounts for the majority share in the Global Advanced HVAC Control Market, followed by Asia-Pacific. Regions such as North America and Europe are expected to register steady growth over the forecast period.
The research report on the global Advanced HVAC Control Market includes profiles of some of the major companies such as Alphabet Inc., Schneider Electric SE, Honeywell International Inc., Siemens AG, Ingersoll-Rand Plc, Johnson Controls International Plc, Lennox International Plc, Kreuter Engineering, Inc, Fr. Sauter Holding Ag, Delta Controls Inc., Acquity Brands, Inc., SALUS Controls, Ecobee, Inc., Emerson Electric Co, OJ Electronics A/S, etc.
Below are the active patents related to Advanced HVAC Control Market.
Patent Number: US20130338839A1
Flexible functionality partitioning within intelligent-thermostat-controlled hvac systems
Abstract
The current application is directed to an intelligent-thermostat-controlled environmental-conditioning system in which computational tasks and subcomponents with associated intelligent-thermostat functionalities are distributed to one or more of concealed and visible portions of one or more intelligent thermostats and, in certain implementations, to one or more intermediate boxes. The intelligent thermostats are interconnected to intermediate boxes by wired and/or wireless interfaces and intelligent thermostats intercommunicate with one another by wireless communications. Wireless communications include communications through a local router and an ISP, 3G and 4G wireless communications through a mobile service provider. Components of the intelligent-thermostat-controlled thermostat-controlled environmental-conditioning system may also be connected by wireless communications to remote computing facilities.
Application Filed Date: 2012-01-03
Application Granted Date: 2016-12-06
Current Assignee: Google LLC
Patent Number: US20070043477A1
System and method of controlling an HVAC system
Abstract
A system and method manage delivery of energy from a distribution network to one or more sites. Each site has at least one device coupled to the distribution network. The at least one device controllably consumes energy. The system includes a node and a control system. The node is coupled to the at least one device for sensing and controlling energy delivered to the device. A control system is coupled to the node and distribution network for delivery to the node at least one characteristic of the distribution network. The node for controls the supply of energy to the device as a function of the at least one characteristic.
Application Filed Date: 2006-10-26
Application Granted Date: 2008-03-11
Current Assignee: Schneider Electric Systems USA Inc
Patent Number: US9618224B2
Air quality based ventilation control for HVAC systems
Abstract
An HVAC controller and/or server may be programmed to determine if ventilation of a building is desired based, at least in part, on the one or more user-specified air quality thresholds stored in a memory, and one or more of a measure of indoor air quality and a measure of outdoor air quality. The air quality parameter threshold may relate to an air quality index, an air pollutant concentration, a smog alert, a pollen count, a dew point, a chance of precipitation, and/or the like. In addition, the HVAC controller and/or server may take into account current or future weather conditions when determining the ventilation needs of a building. Upon determining that ventilation is needed or recommended, the HVAC controller may send or display a message to the user. The message may recommendation that the user open a window or operate a ventilation system, as desired.
Application Filed Date: 2013-07-26
Application Granted Date: 2017-04-11
Current Assignee: Ademco Inc
Key Market Segments
By Product Type
- Programmable Hvac Control
- Smart Hvac Control And Other
By Application
- Industrial
- Commercial
- Residential And Other
Key Market Players included in the report:
- Acquity Brands Inc.
- Alphabet Inc.
- Carrier Global Corporation (US)
- Daikin Industries (Japan)
- Danfoss
- Delta Controls (Canada)
- Distech Controls (Canada)
- Emerson Electric (US)
- Ecobee Inc.
- Honeywell International Inc
- Ingersoll-Rand Plc
- Johnson Controls (US)
- Kreuter Engineering Inc.
- KMC Controls (US)
- Lennox International Plc
- LG Electronics (South Korea)
- Schneider Electric (France)
- SALUS Controls
- Schneider Electric SE
- Siemens (Germany)
- Trane Technologies Plc (Ireland)
- Fr. Sauter Holding Ag
- OJ Electronics (Denmark)
Below are the key development related to Advanced HVAC Control Market in 2020 and 2021.
June 2021: Carrier Transicold’s ContainerLINK App for Technicians Now Provides Wireless Interaction with Container Refrigeration Units. Carrier Transicold has consolidated its two popular mobile device apps for container refrigeration systems into a single app, making knowledge sharing and troubleshooting capabilities more powerful than ever. Available as a free downloadable update for both iOS and Android devices, Carrier Transicold’s ContainerLINK™ app for service technicians now offers wireless connectivity previously only available in the DataLINE Connect™ app. Carrier Transicold is a part of Carrier Global Corporation (NYSE: CARR), the leading global provider of healthy, safe and sustainable building and cold chain solutions.
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June 2021: Carrier Global Corporation Appoints Beth Wozniak to its Board of Directors. announced that Beth Wozniak, Chief Executive Officer and Director of nVent Electric plc, has been appointed to Carriers Board of Directors. Prior to leading nVent, Wozniak was Senior Vice President & President of Pentairs electrical business. Pentair spun its electrical business to form nVent in April 2018. Before joining Pentair, Wozniak held key leadership and P&L roles during her 25-year tenure at Honeywell, including overseeing critical technologies for HVAC systems. In her various roles she has developed deep experience in sensing, automation, controls and electrification, and in applying digital and technology solutions to buildings.
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June 2021: Unitary HVAC Systems Market To Eyewitness Massive Growth By 2028: Daikin Industries, Johnson Controls, LG Electronics, Panasonic, SAMSUNG. JCMR recently Announced Unitary HVAC Systems study with 200+ market data Tables and Figures spread through Pages and easy to understand detailed TOC on “Global Unitary HVAC Systems Market. Global Unitary HVAC Systems Market allows you to get different methods for maximizing your profit. The research study provides estimates for Unitary HVAC Systems Forecast till 2028*. Some of the Leading key Company’s Covered for this Research are Daikin Industries, Johnson Controls, LG Electronics, Panasonic, SAMSUNG, Trane (Ingersoll Rand), Midea Group, Mitsubishi Electric, Fujitsu, AllStyle Coil, Bosch, Carrier, GREE, AAON, Haier, Lennox International, Mestek, Electrolux, Friedrich Air Conditioning, Magic Aire.
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June 2021: Danfoss appoints Maria Fernanda Souto as Head of Group Strategy. Increased global focus on energy efficiency and electrification as part of the green transition is creating new opportunities for Danfoss. That is the key reason why we established a new Group Strategy Function,” explained Kim Fausing, President and CEO of Danfoss.
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