Today, the average building can attribute 40% of utility costs to heating and cooling systems. Improving these systems, and creating the most energy efficient alternatives, is understandably a big objective of the HVAC market these days. In the last article, we wrote about the expected growth in the controls market, but the entire HVAC industry is expected to see substantial growth in the near future. In fact, by 2020, analysts expect that the industry will be valued at more than $155 billion, and much of that development will likely be attributed to the institution of smart buildings.
Of course, the HVAC systems will have to be compatible with these new construction feats, and that means a new sector popping up, in addition to the growth of traditional markets as developing nations continue to place their own demands.
Climate changes have led the world to look at all forms of energy consumption differently. Of course, that also means reevaluating current HVAC technology and making efforts to improve it. The changes in weather patterns have also led to colder winters and hotter summers in many areas of this country. There are also much shorter springs and autumns, seasons that often allow for all heating and cooling systems to rest. That means greater need for heating and cooling, but a desire for eco-friendly options.
SRP Controls Systems LTD provides temperature control sensors that can be implemented into existing system, and can provide an unparalleled level of control over a heating and cooling system. This type of control reduces energy consumption, saves the property owner money, and helps to overcome that extreme hot- and cold spells. Controls like these are in greater demand than ever before, as homeowners and business operators seek methods of “going green”, cutting costs, and maintaining an energy efficient level of comfort in their spaces.