Smart HVAC Controls Market (Sensors, Controlled device and Smart Vents) Expected to reach $26.60 Billion by 2020 – New Report by MarketsandMarkets
(PRWEB) October 29, 2014 -- The report “Smart HVAC Controls Market by product type (Temperature, Ventilation, Humidity, Integrated), Application (Residential, Commercial), Operation & Geography - Analysis & Forecast to 2014 – 2020” defines and segments the Smart HVAC Controls Market with analysis and forecasting of volume for the thermoplastic pipes. It also identifies driving and restraining factors for the thermoplastic pipe market with analysis of trends and opportunities.
The Smart HVAC Controls is working to control the simple as well as some of the most complicated processes involved in the HVAC system monitoring, controlling, and analysis of usage. The use of offers several advantages, which include reduction of cost, increased energy efficiency, and enhanced safety effectiveness. It has become an important aspect, as most of the industrial and residential HVAC implementation is on a large scale where the concept of modular approach is a way to reduce work force as well as cost. Implementation of Smart HVAC Controls with latest communication protocols also helps in controlling and maintaining the geographically non-integrated HVAC control systems.
The growth of the Smart HVAC Controls market in the coming years is expected to be very important, with the revenue growth estimated to CAGR of 8.22% from 2014 to 2020. The major players in the market include: Honeywell International (U.S.), Schneider Electric (France), Johnson controls (U.S.), Siemens (Germany), and Emerson (U.S.).
Browse more than 59 market data tables with 17 figures spread through 135 pages and in-depth TOC on Smart HVAC Controls Market.
Inquiry of Report at http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=130456761.
The Smart HVAC controls (heating, ventilation and air conditioning) are a necessary approach in the HVAC market to reduce the energy consumption. In various countries, regulations require that the buildings should have smart heating and cooling systems to make them more energy efficient. In addition, old buildings show high level of inefficiency as they contribute considerable amount of CO2 emission to climate change. Energy efficiency is one of the key concerns in almost every segment of the ecosystem whether it’s for new building construction or for the renovated building. Smart HVAC Controls essentially uses Direct Digital Controls (DDC) with the HVAC system implemented with Variable Air Volume (VAV), Air-Handling Units (AHUs), and optimum utilization techniques like Demand Control Ventilation (DCV). These modern techniques can be extended with smart devices such as a smart thermostat or a trends monitoring tool, which can analyze past data and forecast the energy requirement. The combined setup of smart HVAC controls aims to make human life easier and comfortable.
Smart HVAC controls are intelligent devices, which are considered the decision makers of the HVAC system. These devices give command to the heat pump for temperature control and control the flow of air. It also defines the temperature to be set according to the weather condition outside the building environment and communicate with the user accordingly the cost effectiveness of the system in terms of energy usage. When a conventional HVAC controls is equipped with decision making capability, it is termed as a Smart HVAC Controls. Benefits of using Smart HVAC Controls over the pneumatic controllers are convenience, cost effectiveness and energy saving.
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