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Technologies Transforming HVAC Systems and Their Global Growth Opportunities

Publisher Frost & Sullivan
Published Dec 20, 2022
Length 57 Pages
SKU # MC17563489

Description

Technologies Transforming HVAC Systems and Their Global Growth Opportunities

HVAC systems have been witnessing a major transformation with the inclusion of novel technologies, including IoT and artificial intelligence/machine learning. These technologies offer various benefits and improvements for legacy HVAC systems, such as improved efficiency, remote monitoring and control, energy savings, and reduced carbon emissions.

HVAC system users, including enterprises, institutes, and homeowners, have greater incentive and drive to adopt and integrate these technologies into their HVAC systems because of increasing energy costs, various environmental concerns, and system performance challenges.

In future, the focus on the sustainability of HVAC systems will be a major driver in users adopting smart HVAC systems. Increasing environmental concerns, such as global warming and severe climates, are creating awareness among people, organizations, and enterprises about their environmental impact and carbon emissions. Smart HVAC systems offer a good opportunity for organizations to reduce their carbon emissions. In addition, 5G/6G networks will increase the adoption rate of smart HVAC, as these networks offer faster data rates and uninterrupted and secure connectivity that will support the operations of HVAC installations. Industry 4.0, where everything is wirelessly interconnected, is also driving the demand for smart HVAC systems. On the manufacturing side, 3D printing technology will drive the manufacturing of custom-based miniature HVAC systems unique to individual applications.

This study discusses various innovative and novel technologies that are transforming HVAC systems.

The study covers the following topics:
• Recent developments in HVAC systems
• Impact and application of IT technologies on HVAC systems
• Key companies offering various innovative technologies, products, and solutions
• Growth opportunities
• Future prospects and technology roadmap

Table of Contents

57 Pages
    • Why Is It Increasingly Difficult to Grow? The Strategic Imperative 8™: Factors Creating Pressure on Growth
    • The Strategic Imperative 8™
    • The Impact of the Top 3 Strategic Imperatives on the Heating, Ventilation, and Air Conditioning (HVAC) Systems Industry
    • Growth Opportunities Fuel the Growth Pipeline Engine™
    • Research Methodology
    • Scope of Analysis
    • Segmentation
    • Growth Drivers
    • Growth Restraints
    • HVAC Systems
    • Types of HVAC Systems
    • HVAC System Deliverables
    • HVAC System Applications
    • Transforming Technologies in HVAC Systems
    • Patent Trend Assessment
    • Impact of IoT and Cloud Computing Technologies on HVAC Systems
    • Impact of AI/ML Technologies on HVAC Systems
    • Impact of Data/Cybersecurity on HVAC Systems
    • Particle, the United States
    • Panasonic, Japan
    • BrainBox AI, Canada
    • Motili, the United States
    • SCADAfence, Israel
    • Growth Opportunity 1: New Revenue Stream for Contractors Enabling Time-bound Maintenance and Servicing
    • Growth Opportunity 2: Green HVAC System for Zero Carbon Emissions
    • Growth Opportunity 3: Cybersecurity for Smart HVAC Systems
    • Integrated Technology Roadmap
    • Strategic Insights
    • Key Contacts
    • Technology Readiness Levels (TRL): Explanation
    • Your Next Steps
    • Why Frost, Why Now?

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