Concrete surface treatment chemicals market valuation from curing compounds to depict a modest growth rate over 2019-2025, APAC to crop up as a vital growth terrain
With concrete tagged as one of the materials of choice for construction projects, it comes as no surprise that the global concrete surface treatment chemicals market is traversing alongside a lucrative growth path. Lately, the growing population and the consequent demand for affordable housing, in tandem with high-end frills brought on by increasing disposable incomes have led to the demand for a number of commercial outlets such as shopping complexes, multiplexes, entertainment centers, restaurants, etc., along with residential edifices. The upswing in construction activities to build residential establishments and commercial setups such as towers, malls, skyscrapers, etc., due to surge in urbanization will contribute to a major hike in concrete surface treatment chemicals industry share.
Europe Concrete Surface Treatment Chemicals Market Size, By End-user, 2014 – 2025 (USD Billion)
Regionally speaking, Asia Pacific is claimed to emerge as a highly viable growth ground for concrete surface treatment chemicals market. Encompassed mostly with developing economies, the continent plays host to a majority of the global populace. As per estimates, the global population was recorded at over 6 billion in 2000 and as on 2018, it stands at over 7.5 billion. APAC economies India and China are touted to account for a substantial proportion of this estimate, leading to a significant demand for housing.
Proliferation in population density and rising urbanization will thus impact the regional construction industry, which would, in consequence, propel the APAC concrete surface treatment chemicals industry share.
In recent times, consumer demand for durability and strength in buildings is on a consistent rise. This has led to an upsurge in the use of concrete curing chemicals to ensure strong construction with minimal use of water. Curing compounds, as a matter of fact, help provide optimal curing at a time when protection from solar heat is necessary. These compounds are majorly used in the construction of highways, curb paving, streets, runways, etc., and are applied through the spraying procedure.
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Incidentally, curing compounds find applications across regions with scarcity of water and high temperatures, since protection of concrete structures from a harsh environment has become mandatory. The growing demand for strong, durable edifices across the urban landscape is likely to boost concrete surface treatment chemicals industry share from curing compounds, slated to depict a CAGR of 6.5 percent over 2019-2025.
One of the most profound factors that is expected to augment the growth of the global concrete surface treatment chemicals industry is the penetration of numerous companies in the construction chemicals market. The expansion of the construction chemical industry has been, as a matter of fact, attracting existing chemical majors to increase their market share in the vertical. Citing an instance validating the same, recently, BASF and Adani Group joined hands to set up a petrochemical plant worth INR 16,000 crore in Mundra. This plant will manufacture chemicals that would be deployed across a score of industry verticals, including construction.
Citing yet another instance, Birla Corporation, last year in the fourth quarter, unveiled its plans to enter construction chemicals and additive market, pertaining to the surging demand for construction additives like waterproofing material and wall putty. The increasing interest of companies to invest in the construction chemicals industry is certain to provide a positive impetus to the expansion of concrete surface treatment chemicals market.
Powered by the increasing number of construction activities, in tandem with the rising demand for building repair, reconstruction, and renovation, the growth map of concrete surface treatment chemicals market is certain to remain exponential in the years to come. Manufacturers have been consistently planning to invest in the development of construction chemicals and have been striving to bring forth a spate of innovations in the industry, which would eventually propel concrete surface treatment chemicals market size.
Author Name : Anchal Solanki
U.S. solar EPC market to gain commendable traction by 2025, global industry to be characterized by a rising number of rooftop installations
The global shift towards clean, affordable and reliable electricity along with rising focus towards curbing CO2 emissions will drive solar EPC market growth in the upcoming years. Reportedly, solar PV is recorded to be one of the most installed power generation technologies across the globe in recent years, having been accountable for the deployment of extensive new capacity than fossil fuels and nuclear combined. As per SolarPower Europe, in 2017, a total of 99.1 GW of on-grid solar systems were installed across the globe – depicting almost 30% y-o-y growth over the 76.6 GW capacity in 2016, thereby indicating that solar EPC industry is here to stay.
Solar EPC Market Size, By Ground Mounted, 2018 & 2025 (USD Million)
In terms of installations, it would be apt to quote that roof-top installations are likely to depict maximum instatement, specially across the commercial and residential sectors in the years to come. Roof-top solar is increasingly cost-effective for business owners, homeowners and communities. Affordable technology prices, supportive financing and the growing network of solar companies and financers are anticipated to help reduce the prices for household roof-top systems in the U.S.
Customers generally prefer roof-top PVs as they don’t require a dedicated land area for installation and can efficiently occupy roof space that is widely available even in urban areas. Apparently, India’s National Solar Mission shares similar goals on using roof-top PVs, as it officially announced plans to install 100 GW of solar by 2022, of which 40 GW would be credited to rooftop solar. In essence, the integration of decentralized generation units in order to cater to the growing demand for energy will massively augment solar EPC market from roof-top installations over 2019-2025.
Large-scale utility installation will positively influence the global solar EPC market. The utility sector, that mainly deploys ground-mounted solar power systems, is touted to have been recorded as one of the most lucrative end-use sectors for the solar EPC market in 2018. With the escalating growth in smart cities and electric vehicles reaching the masses, there is increasing pressure on the utility sector for delivering sustainable energy to manufacturing industries and customers. Rising focus toward curbing CO2 emissions from large industries and power generating plants in tandem with favorable fiscal benefits on the grounds of the development of energy efficient solar systems will further augment solar EPC industry size from utility applications.
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Geographically, speaking the United States is touted to emerge as one of the most prominent regional markets for the solar EPC industry. As per estimates, the U.S. solar EPC market is projected to exceed $14 billion by 2025, driven by the fact that solar power has proven to be a strong driver of the region’s economic growth. Reportedly, in 2014, the U.S. solar industry employed over 170,000 people, offering a job growth rate that positively influenced the overall economy.
Regulatory measures to reduce dependence on conventional fossil fuels coupled with financial funding to integrate renewable energy will also stimulate product penetration. In addition to offering new jobs, the U.S. government, in 2017, proposed plans to decrease in their tax reforms by reducing corporate taxes in a bid to boost the clean energy business potential, that would further stimulate the U.S. solar EPC market growth.
Another region that has gained traction in solar EPC market is the Asia Pacific, on account of the rising investments in the renewable sector backed by favorable government initiatives. Investment subsidies, positive regulatory programs, renewable integration targets and government reforms have certainly reinforced the APAC solar EPC industry in recent years.
For instance, recently India’s Cabinet Committee on Economic Affairs (CCEA) approved a proposal to set up 12 GW of solar projects using locally-made equipment by 2023, an initiative the will certainly boost the region’s economic growth, in turn, paving the way for the expansion of APAC solar EPC industry.
A vital form of contracting procedure, solar EPC is extensively used to provide end-to-end services associated with construction, design, procurement and commissioning. Powered by the growing demand by emerging countries for clean, sustainable electricity and the robust efforts by industry players to develop new high-efficient systems, the global solar PV market is expected to emerge as one of the most remunerative verticals of the overall energy sphere.
Author Name : Mateen Dalal
Power optimizer market to accumulate modest proceeds from residential applications, surging advancements in product design & manufacturing to augment the industry expansion over 2019-2025
Europe Power Optimizer Market Size, By End Use, 2018 & 2025 (USD Million)
By utilizing modules that are integrated with power optimizers, system designers can now reduce the overall power loss from interrupting shade obstructions, thus protecting the systems from long-term module mismatch owing to uneven soiling or debris. Several PV module OEMs are also incorporating this next generation DC performance optimization technique to gain an edge in the power optimizer industry, further pushing the market trends.
Power optimizers are increasingly emerging as an ideal substitute for module level power monitoring & management, enhancing the benefits of MPPT with higher operational efficiencies of string inverters. Furthermore, the product’s ability to offer constant, uninterrupted output in a partially shaded environment is anticipated to facilitate its adoption sooner than ever. Indeed, shade on any part of a PV solar panel affects a system’s total output performance. However, with the capability of power optimizers to mitigate the shading losses, users are benefitted with stable output power, irrespective of changing sun exposure. This would serve to majorly expedite the demand for the product across countries such as China, Russia and Iceland, impelling the global power optimizer industry trends.
The residential construction sector has been touted to emerge as an invaluable growth hub for power optimizer market. This can aptly be credited to the escalating number of schemes mandated by regional governments – such as incremental energy efficiency grants to support residential roof-top installations. The product has also gained traction in power optimizer industry on account of the rising influx of new, flexible module designs. Say for example in 2018, GreenBrilliance USA, a solar solution provider launched an AI-based solar power optimizer for residential homes called Neurobotz. As per reports, the system’s predictive analytics algorithm generated an optimal load curve and could effectively control the incoming power flow to significantly reduce the amount of electricity consumed in residential zones.
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Advancements such as the aforementioned are anticipated to pave the way for next-gen solar energy systems, thereby impelling power optimizer market growth. Driven by the robust technological advancements in product design and development and the advantages provided by government subsidies, power optimizer market size from residential applications has been estimated to cross annual installations of more than 10 million units by 2025.
Apart from GreenBrilliance, some of the other pivotal players in power optimizer market include SolarEdge, SMA Solar, Altenergy, Ampt, Tigo, Huawei, Kuby Renewable Energy, igrenEnergi, Maxim Integrated, Darfon Electronics, Texas Instruments, Alencon, ABB, Mornsun, Xandex, Ferroamp and Fronious. Companies have been consistently investing in R&D programs and have been looking out to tap the latest technologies to gain an edge in the industry. Last year in September for example, Panasonic Eco Solutions and SolarEdge Technologies launched the HIT S Series Module – an all-new premium smart module, optimized by SolarEdge, for the U.S. residential market. Reportedly, the module is indicative of the integration of the leading solar technology from both Panasonic and SolarEdge in order to accelerate solar module installation and ensure more power delivery to homeowners.
Power optimizers are irrefutably essential in almost all PV panel systems to attain ensure stable performance, particularly in partially shaded environments. Powered by the product’s robust deployment across the residential, commercial and utility-scale solar designs and escalating technological advancements, power optimizer market size is likely to cross 30 million units in terms of annual installations by 2025.
Author Name :Mateen Dalal
Having taken the conventional global lighting marketplace by storm, Europe LED lighting industry, in the recent years has emerged to a fertile investment ground for potential investors. The LED (light-emitting diode) technology, of late, has been gaining traction form variety of reasons, but most notably because of its extended lifespan, lower maintenance, and low energy consumption abilities. In addition, given the strict regulations and energy norms in Europe toward energy efficient solutions, it wouldn’t be wrong to quote that Europe LED lighting market share would soar several notches up in the years to come.
Germany Europe LED Lighting Market Size, by End-Use, 2017 & 2024 (USD Million)
The impact of banning halogen lightbulbs on Europe LED lighting market
According to reports, the EU announced a ban on the halogen light bulbs in Europe on September 1, 2018 and since then has been encouraging the consumers to switch to more energy-efficient LED technology. The ban and the switch – forming a part of Europe’s massive efforts in limiting environmental damage – have undeniably taken over the traditional lighting sales. According to experts, the move however, has also majorly impacted the masses financially as halogen bulbs are much more cost effective than LED lights. Nonetheless, over the years, many research reports have proved that a halogen bulb may be cheaper to buy, but the fact that the electricity cost will be much more expensive will ultimately nullify the price factor. In addition, halogen bulbs have an average life span of two years, while LEDs last for 15-20 years, in extension promoting the sales of LED lightings.
Another factor that further prompted the ban is the fact that LEDs consume only 1/5th of the total energy consumed by halogen bulbs, and phasing out of these traditional lightings will prevent over 15.2 million tons of carbon emission by 2025. According to EU officials for climate action & energy, this is a significant contribution toward fighting greenhouse gas emissions. Thus, the industry analysts report that the EU’s measures to phase out halogen bulbs will provide a strong ground for the growth of the overall Europe LED lighting industry in the coming years.
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The smart cities drive to favor Europe LED lighting industry expansion over 2018-2024
According to recent reports, the global urban population has escalated from 751 million in 1950 to over 4.2 billion in 2018, and is further projected to hit 7.7 billion by 2050. With the demographic changes, smart city projects have been identified as effective and promising way, many of the most emerging in Europe. In fact, the IDC (International Data Corporation) estimates the European spending on smart cities to surpass USD 19 billion in 2018.
Quite overtly, the increasing rate of smart city projects are indirectly expected to favor the growth of LED lightings, given the demand for smart and sustainable lighting products. It is prudent to mention that this trend has also been majorly fueling the smart lighting market, which is recently traversing on a lucrative roadmap, given the crucial role these components play in smart city infrastructure. The regional government has furthermore launched several smart city programs for deploying smart lighting solutions in the outdoor and indoor spaces. The need for sustainable as well as energy efficient lighting systems will further draw lucrative growth avenues for the Europe LED lighting market in the ensuing years.
Europe LED lighting industry magnates to play a major role in altering the business dynamics
With the advent of LED lightings, it comes as no surprise that there have been significant strides amongst the industry leaders to strengthen their regional foothold. Product breakthroughs and innovation remained the most adopted growth strategies for leading the way. A substantiation validating the fact is of Philips Lighting, that has recently introduced smart outdoor LED light bulbs which automatically turns on at night and turns off in the morning. Reportedly, these Philips’ LED Dusk-to-Dawn A19 Frosted Light Bulbs are gaining immense momentum with the smart city drives in the region.
Industry analysts further point out that the government-imposed energy efficiency norms have also been majorly contributing to the overall growth of Europe LED lighting market contenders. An instance bearing testimony to the same is of Future Designs, that has recently announced the development of custom-made LED luminaries to be deployed across many of the stations for the Crossrail transportation system in London, UK. It has been reported that such use of LED lightings in rail settings and subways will be fostering Europe LED lighting market share. Cree is another renowned name, that has recently announced an LED lights retrofit project for the street lights in the quaint New England community.
Clearly, all the above trends are playing a crucial role in the development of Europe LED lighting market size, which is certain to proliferate the profitability quotient of this business sphere. A presumption validating the same is of Global Market Insights, Inc., that claims the Europe LED lighting to surpass a remuneration portfolio of USD 30 billion by 2024.
Author Name : Ojaswita Kutepatil
How will thermal energy storage market penetrate the global landscape, ‘green economy’ vision to fuel the worldwide demand
With the rising acceptance of renewable energy sources as a means to derive power, thermal energy storage market has emerged as one of the top-notch verticals of the sustainable ecosphere. The demand can also be cited to be driven by the reducing dependency on fossil fuels as an energy source, primarily due to their innumerable hazardous impacts on the environment. As per reliable reports, primary energy consumption is expected to rise by more than 45% by 2040. It is rather obvious that thermal energy storage which plays a balance between the growing energy demand and the need to address the environmental interruptions will constitute a major ratio of the sustainable energy mix.
Europe Thermal Energy Storage Market Size, 2013 – 2024 (USD Million)
Speaking of the widespread application portfolio, utility and electricity generation is one of the most lucrative end-use arenas for the thermal energy storage market. The technology has gained massive popularity via its adoption in CSP plants where solar heat is stored to generate electricity that can be used at night, providing relatively affordable, cleaner, and uninterrupted power supply.
It is prudent to mention that the residential and industrial sectors, where the technology is being widely utilized for cooling or heating applications as well as power generation, is yet another potential end-use avenue for the thermal energy storage industry. Reports from the International Renewable Energy Agency (IRENA) cite that, in Europe, around 1.4 million GWh/year of energy can be saved, and 400 million tons of CO2 emissions can be avoided, in residential and industrial sectors by extensively using heat and cold storage technologies, figures that identify the growth and profitability potential of thermal energy storage market over the coming years.
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The energy-saving potential by deployment of this technology is vivid globally, although the rate of penetration of thermal energy storage market varies with different geographies. A series of parameters including the demand ratio, regulatory mix, and infrastructure support are some of the vital parameters responsible for the change of dynamics related to thermal energy storage industry expansion across the regional spectrum.
Below is an outline of the thermal energy storage (TES) market trends with a regional frame of reference:
United States Thermal Energy Storage Market
With heavy R&D investments and high fuel costs, U.S. thermal energy storage market is estimated to register a lucrative growth chart over the coming years. In the year 2017, nearly 41.8MW of energy storage systems were installed across the region, which accounted for 46% of y-o-y growth. In addition, reportedly, 14 U.S. states have deployed around 2GW of energy storage into Integrated Resource Planning (IRP), highlighting the growing popularity of energy storage technology in the region. As per a report by Global Market Insights, U.S. thermal energy storage market share stood at USD 6 billion in 2017.
Europe Thermal Energy Storage Market
With heating and cooling using approximately half of Europe’s energy, the demand of thermal energy storage industry in the region is estimated to be substantially high over the coming years. As per European Association for the Storage of Energy, 50% of all final consumed energy in Europe is used to heat buildings or water. Out of this, 85% still comes from fossil fuels, hinting toward the potential opportunities which are yet unexplored in the region. Add to this, the regulatory landscape aggressively boosting the demand for renewable integration to attain the vision of a decarbonized economy will further provide a substantial impetus to Europe thermal energy storage market.
China Thermal Energy Storage Market
With the expanding infrastructure sector and rapid economic development, China is slated to be yet another profitable avenue for the thermal energy storage industry players. The region is actively investing in energy storage technologies with a vision to meet its energy as well as environmental sustainability demands. Reportedly in the first half of 2018, Henan, Qinghai, Jiangsu, and Guangdong provinces declared the construction of energy storage projects of varied capacities totaling 340.5 MW. In yet another instance, Suunpower, China’s CSP developer last year signed a partnership deal with Norway’s EnergyNest to deploy TES systems in China. The EnergyNest system would facilitate an affordable and eco friendly energy generation eliminating the hazardous impact of coal combustion on the environment.
In a nutshell, it is rather evident from the aforementioned facts and trends, that although the TES technology has penetrated appreciably at a global scale, its full potential is yet to be explored. A trend that is anticipated to change and characterize the dynamics of thermal energy storage market is the high technological developments and R&D investments focusing toward energy efficiency and environment sustainability. In terms of profitability matrix, analysts project the worldwide thermal energy storage industry to surpass a revenue of USD 55 billion by 2024.
Author Name : Mateen Dalal
NG-PON2-based GPON market to accumulate substantial proceeds by 2024, surging IoT penetration to drive the industry trends
In world being blitzed with emerging applications that include Internet of Things, 5G network and 4K video streaming, GPON market is expected to find immense growth opportunities over 2018-2024. For instance, earlier in 2018, SK Broadband of South Korea announced that it will be launching high-speed internet service that will be capable of delivering 2.5 gigabit per second. The service will allow users to download high volumes of content using multiple devices while the service will be 3 times faster than most of the South Korean internet services that are already quite fast.
Europe GPON Market Revenue, By Application, 2017 & 2024 (USD Million)
The technology at the basis of making this possible is Gigabit Passive Optical Network or GPON and while SK Broadband’s current coverage is 40%, the company plans to invest 1 trillion won and expand up to 80%. Korean rival KT is also planning to roll out similar services and the South Korean government is also planning to roll out 5G wireless internet in 2019. With such developments not being bound to South Korea alone, it is predictable that the GPON market will witness significant growth in the ensuing years.
The world, currently replete with an increasing number of connected devices and robust development in machine to machine communication, is swiftly preparing itself to implement 5G technology. The only viable way to benefit from such emerging applications is by having the right network backbone in place – which paves the way for the growth of GPON market. According to reliable statistics, the global IoT market nearly doubled in size between 2014 and 2017. There were nearly 23.14 billion IoT devices in the world in 2018 which is estimated to cross 31 billion by 2020. The global IoT market is anticipated to register its name in the trillion-dollar industry space by 2019 with 20.35 billion devices across the globe as smart, connected cities that will be using connectivity, communication technology and information to solve urban problems deploying IoT for the purpose. With IoT market having already chronicled its name in the billion-dollar vertical, IoT proliferation is further expected to add to the growth of the GPON industry.
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Speaking of IoT it is imperative to mention the onslaught of 5G networks and their support in bringing a whole new dimension to the GPON market. the business world is looking forward to the adoption of 5G as when it is becomes a widely used reality, 5G is poised to become a disruptive force. Applications such as virtual reality, augmented reality, artificial intelligence and telepresence, that have been built on underlying technologies are expected to benefit from massive data pipes and ultra-low latency. While industrial automation and robotics will become a reality, cars and drones will become capable in communicating with each other taking machine to machine communication to a whole new level. With enhancement in machine communication capabilities it is expected that increasing innovation will further increase the need for better 5G performance and eventually lead to expansive prospects for the GPON market.
Notably, NG-PON2 would be the fastest growing segment in the GPON market with a CAGR of approximately 20% over 2018-2024. The emergence and progress of 5G will act as the most important driver for the NG-PON2 segment and this has been underlined by Altice, the international network operator that has announced that it will be expanding its NG-PON2 capabilities as it prepares for disaggregated radio access network architectures and potentially overwhelming data traffic volumes brought about by the advancement of 5G. The operator aims at supporting 5G services with full support for residential, commercial, fronthaul and backhaul service requirements and strategizing to save deployment costs while creating a positive business case for fiber as an enabler of 5G services.
With the demand for futuristic technological development on the rise, GPON market is expected to register significant profits as it becomes the enabler of disruptive forces like 5G network.
Author Name : Paroma Bhattacharya
North America smart HVAC controls market to garner extensive proceeds by 2024, rising popularity of building automation to expedite the regional industry trends
Tagged as one of the most profitable investment ventures of the recent times, smart HVAC controls market has made its presence felt owing to the ongoing trend of reducing energy consumption. Not to mention, the growing prominence of the Internet of Things (IoT) that has paved the way for building components to be connected to the Internet, resulting in the expansion of the building automation sector, has also led to smart HVAC controls market retaining a profitable position worldwide.
Germany smart HVAC controls market size, by application, 2017 & 2024 (USD Million)
Smart HVAC systems provide the ability to fine-tune temperature, air quality, humidity, and several atmospheric factors in homes and offices. These systems are equipped with high precision sensors for regulating and maintaining air quality and temperature, further improving occupant’s health and physical well-being. Indeed, the product can significantly reduce energy consumption and can easily adapt to changing environmental conditions while detecting need for maintenance. Using both advanced hardware and software technology these systems offer enhanced compatibility with smart devices while sustaining the concept of IoT, that has consequently propelled smart HVAC controls market trends.
As far as lowering energy consumption is concerned, smart HVAC modules are seemingly the most energy efficient appliances in modern automated buildings. According to reports, traditional HVAC appliances represent 61% of residential energy consumption in the UK and Canada and 43% in the U.S. The International Energy Agency (IEA) claims that smart HVAC control systems offer controlled use of energy, as the system maintains specific heating, cooling, and ventilation requirements, avoiding access energy consumption while considering end-user comfort. Powered by the robust requirement to optimize energy consumption, smart HVAC controls market is thus on its way to garner substantial popularity ahead.
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How has building automation emerged as a major driver for smart HVAC controls market?
Building automation has lately gained commendable momentum, given that it has been proven to significantly reduce energy consumption and maintenance costs for home owners. Reports from the Buildings Performance Institute Europe (BPIE) 2017, claim that by adopting building automation, owners can reduce energy consumption by around 27% in households, while using smart technology can save an average of 23% of energy consumption in commercial offices. The International Energy Agency (IEA) predicts that adopting digitalization could save around 10% of total energy consumption in commercial and residential buildings by 2040, with efficiency gains largely depicting themselves in cooling and heating applications, specifically with the deployment of smart thermostats and sensors. This has gradually led to a rise in the number of more and more automated buildings, that would eventually result in the expansion of smart HVAC controls market.
Reportedly, residential users are installing smart HVAC systems to ease the deployment and accessibility of heating and cooling systems. The improved efficiency and convenience of offered by these products has encouraged users to install the systems across homes and offices. Due to the compatibility of these products with smartphones and IoT, users can effectively precool and preheat their homes or offices using a dedicated app from afar. The product can also effectively offer information about air quality, maintenance, energy consumption and energy efficiency – in a nutshell, information that can be used by building managers, home owners, energy grid managers, and maintenance staff to take necessary steps for lowered energy consumption.
The demand for smart thermostats has also helped uplift the smart HVAC controls market share, especially on account of the product’s extensive demand in colder countries. Smart thermostats use high precision motion and door sensors to save energy by automatically turning off when residents are sleeping or away from home. These low cost, easy to install devices have reportedly gained popularity in colder countries including Russia, UK and Germany, UK. Easy configuration and integration with smartphones and other home appliances have encouraged users to implement these systems on a large scale, augmenting smart HVAC controls industry size.
Speaking with respect to the geographical penetration, North America is anticipated to help impel smart HVAC controls market, primarily on account of the harsh climatic conditions in some of the continent’s zones and the large-scale adoption of smart homes. Customers are seamlessly adopting the product to enable control over temperature & humidity to enhance their home comfort. Rapid development in the building automation sector and widespread technology adoption in the country is expected to propel the demand for these products in the region.
Propelled by the fact that smart HVAC enables users to control conditions like temperature, humidity and even fragrance in homes and offices, and helps maintain air temperature and quality at optimum levels, these devices are used extensively to improve the quality of life for occupants. The growing integration of these HVAC systems with smart phones and home appliances and the expansion of the building automation industry will massively augment the smart HVAC controls market size in the years to come.
Author Name : Mateen Dalal