Smart HVAC Controls Market
The Smart HVAC Controls Market is to hit US$25bn by 2024. The HVAC control system market will grow significantly over the forecast period due to an increasing need to reduce energy consumption.
Energy efficiency is one of the key concerns for both new construction and renovated buildings. These systems use technologies, such as Demand Control Ventilation (DCV) and Variable Air Volume (VAV), that can be extended with smart devices such as smart thermostats and monitoring tools. These systems allow the monitoring and analysis of data relating to energy consumption and future energy requirements.
The growing use of smartphones and the proliferation of Internet of Things (IoT) devices in households is driving the HVAC control system market growth. The integration of these systems with the smartphones allows remote access that enhances the user experience. Furthermore, the increasing use of sensors is allowing software integration with these systems, making them more intelligent.
HVAC control system market, by product:
- Thermostats
- Smart air vents
- Others
HVAC control system market, by application
Lack of awareness regarding these systems will restrain the HVAC control system market growth. The initial cost of installation is high, discouraging users from implementing these systems. However, governments of several countries are setting up guidelines to encourage users and spread awareness regarding long-term cost savings from the use of these systems.
Technological advancements such as geothermal heating and cooling in these systems is one of the key trends influencing the HVAC control system market. These systems are efficient, eco-friendly solutions, as they reduce the carbon footprint substantially. They are durable and low-maintenance. Zoning systems are being increasingly used in large establishments such as commercial buildings and industry. These units are particularly designed to cool the isolated units of a building.
Smart thermostats are expected to have a significant revenue share in the HVAC control system market as they can be used with home automation devices and are highly efficient. They can be used in standalone mode by integrating with other smart home devices. Companies including Ecobee, Honeywell, and Nest Labs are developing differentiated products that use technologies such as geofencing to enhance performance. Manufacturers in the market are implementing the technology to enhance functionality of the products and improve user experience. For instance, the Emerson Sensi allows integration with smart devices such as Alexa Voice Assistant and the Apple Home Kit.
The industrial HVAC control system market is anticipated to grow significantly over the forecast time due to the high demand from industrial buildings to save energy and reduce costs. These systems intelligently match energy generation requirements with usage and distribution. The companies in industrially-developing countries including China, Japan, and India are focusing on providing a work environment conducive to enhancing the efficiency of employees, thereby propelling the demand for these systems.
The North America HVAC control system market will grow rapidly over the forecast period due to the large-scale adoption of smart homes in this region. The growing demand for enhancing energy efficiency in buildings is encouraging users to implement these systems in new buildings and retrofits.
Key vendors in the HVAC control system market include: Honeywell International, Johnson Controls, Lennox, Ecobee, Siemens, Emerson Electric, Schneider Electric, and Distech Controls. These companies are increasingly investing in developing differentiated solutions to gain a competitive advantage. Companies including Nest Labs are connecting these devices to centralised servers with BI capabilities to enhance user experience. Technology providers such as Google are entering the industry to develop high-end products. For instance, Google has developed Google Nest and Google Nest E that offers an app-based model and compatibility with smart home devices.
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
The benefits of engaging with insulation manufacturers
When considering ground floor constructions.
Lighting Industry endorses Blueprint for Electrification
The Lighting Industry Association fully supports the ECA Blueprint as a timely, urgent call to action.
BSRIA Sentinel Clerk of Works Training Case Study
Strengthening expertise to enhance service delivery with integrated cutting-edge industry knowledge.
Impact report from the Supply Chain Sustainability School
Free sustainability skills, training and support delivered to thousands of UK companies to help cut carbon.
The Building Safety Forum at the Installershow 2025
With speakers confirmed for 24 June as part of Building Safety Week.
The UK’s largest air pollution campaign.
Future Homes Standard, now includes solar, but what else?
Will the new standard, due to in the Autumn, go far enough in terms of performance ?
BSRIA Briefing: Cleaner Air, Better tomorrow
A look back at issues relating to inside and outside air quality, discussed during the BSRIA briefing in 2023.
Restoring Abbotsford's hothouse
Bringing the writer Walter Scott's garden to life.
Reflections on the spending review with CIAT.
Retired firefighter cycles world to raise Grenfell funds
Leaving on 14 June 2025 Stephen will raise money for youth and schools through the Grenfell Foundation.
Key points for construction at a glance with industry reactions.
Functionality, visibility and sustainability
The simpler approach to specification.
Architects, architecture, buildings, and inspiration in film
The close ties between makers and the movies, with our long list of suggested viewing.
SELECT three-point plan for action issued to MSPs
Call for Scottish regulation, green skills and recognition of electrotechnical industry as part of a manifesto for Scottish Parliamentary elections.
UCEM becomes the University of the Built Environment
Major milestone in its 106-year history, follows recent merger with London School of Architecture (LSE).
Professional practical experience for Architects in training
The long process to transform the nature of education and professional practical experience in the Architecture profession following recent reports.
A people-first approach to retrofit
Moving away from the destructive paradigm of fabric-first.
New guide for clients launched at Houses of Parliament
'There has never been a more important time for clients to step up and ...ask the right questions'
The impact of recycled slate tiles
Innovation across the decades.
EPC changes for existing buildings
Changes and their context as the new RdSAP methodology comes into use from 15 June.