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Smart HVAC Controls Market Worth $26.60 Billion by 2020

Keen Home (U.S.) is a home automation startup, which manufactures smart HVAC controls, which are innovative and energy efficient. It focuses on reducing the technological complications by controllingthe vent. They have developed a new kind of product in the Smart HVAC controls market, known as ‘Smart Vent’ is a wirelessly connected home air vent. This product aims to maximize the efficiency and comfort of a home’s HVAC system by perceptively redirecting the airflow of the central HVAC system. They can also be networked to the internet via a home network, allowing remote management from a networked computer, smart-phone, or tablet. It is expected that smart vent will be a boom for the HVAC systems market as it is implemented only at the required area without altering the entire HVAC systems.

According to a new market research report of "Smart HVAC Controls Market by product type (Temperature, Ventilation, Humidity, Integrated), Components (Sensors, Controlled devices, Smart Vents), Application (Residential, Commercial), Operation & Geography - Analysis & Forecast to 2014 - 2020", published by MarketsandMarkets, the market is expected to grow at a CAGR of 8.22% from 2014 to 2020, and reach $26.60 Billion in 2020.

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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.

Keen Home (U.S.) is a home automation startup, which manufactures smart HVAC controls, which are innovative and energy efficient. It focuses on reducing the technological complications by controllingthe vent. They have developed a new kind of product in the Smart HVAC controls market, known as ‘Smart Vent’ is a wirelessly connected home air vent. This product aims to maximize the efficiency and comfort of a home’s HVAC system by perceptively redirecting the airflow of the central HVAC system. They can also be networked to the internet via a home network, allowing remote management from a networked computer, smart-phone, or tablet. It is expected that smart vent will be a boom for the HVAC systems market as it is implemented only at the required area without altering the entire HVAC systems.


Browse more than 93 Market Data Tables with 55 Figures spread through 135 Pages and in-depth TOC on " Smart HVAC Controls Market".

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The Smart  HVAC  Controls  market is a growing market, which includes sensors, controlling devices and Smart Vents. In future, Smart HVAC controls are expected to control the HVAC industry because of its high quality contribution to the nation and increased comfort in the HVAC ecosystem. 

The overall Smart HVAC Controls Market is segmented into five major segments - product type, mode of operation, components, application, and geography. All the major segments are further segmented into sub segments. All the segments and sub segments are separately classified in the report. The Smart HVAC Controls Market is expected to reach up to $26.60 Billion by 2020, at an estimated CAGR of 8.22% from 2014 to 2020.

The two major driving factors for the Smart HVAC Controls Market are need for energy efficient solutions and consumer demand for remote access control. Both are expected to boost the market in coming years. The growing concept of Internet of things (IOT) is considered as well planned and is important for the Smart HVAC Controls market. In the report, different modes of operation are also discussed which includes wireless controls, remote controlled controls, programmed controls and integrated controls. Various innovations are taking place to develop the Smart HVAC Controls Market which includes the introduction and development ofweather compensating controls along with the related components.

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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.


Geographical split for the Smart HVAC Controls Market is included in the report. It presents the market share of the different geographies of the smart HVAC controls. This report divides the overall market based on the four major geographical segments- The Americas, Europe, APAC, and Rest of the world (ROW). APAC is considered the market leader in the overall Smart HVAC controls market, which is followed by the Americas and Europe.

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