Not long ago, we wrote about the expected growth for the controls industry. Experts are predicting that the HVAC Controls market will see a definite surge of growth in the next few years. It is due to the desire for eco-friendly, energy efficient utilities that is resulting in this notable growth of the market, which is expected to push the worth of this industry to more than $12 billion by the end of the decade. This is a rather impressive figure, given that the very same market was valued at just over $3 billion in 2015. That means a growth of nearly 400%, unheard of in most sectors. Yet, the projections make sense.
An increased understanding of the added efficiency offered by sensors, field devices, and controllers is driving an interest in upgrading systems. As the technology improves, these tools are becoming increasingly desirable, able to provide a definite improvement in efficiency and cost savings. These advancements and the obvious global-, environmental need for change is revolutionizing the controls market. Highly accurate temperature, pressure, and relatively humidity sensors aren’t just improving the overall cost of operating systems, they are also being made affordable to the general market, so even residential homeowners can afford the initial cost of improving their systems, and can enjoy the subsequent cost savings afterward.
At SRP Controls System LTD, we provide a myriad of different temperature sensors that can be installed in various types of applications, including AHU systems, production facilities, and for use in R&D. SRP also supplies depth and level indicators, flowmeters, and calibration instrumentation. With the ever increasing need to better control the environments in which we live and operate our businesses, this industry is sure to see the vast growth now being projected, and you can enjoy the benefits for yourself.