Newer forces are altering the HVAC market

(EurActiv, 13 Jun 2019) The residential heating, ventilation, and air conditioning (HVAC) market could pick up the pace with advances in regulations, technology and a push for carbon fuel efficiency, writes Neil Strother.

Neil Strother is a principal research analyst contributing to Navigant Research’s Buildings service.

The residential heating, ventilation, and air conditioning (HVAC) market typically moves at a steady pace, following new construction projects and the replacement needs in retrofits. However, newer forces are expected to alter that pace somewhat and shape a different market in the coming years.

The key drivers of this change are regulations, advances in energy efficient HVAC technologies and a desire to reduce carbon fuel use.

Heat Pump Technology

Heat pump system manufacturers keep improving the efficiency of their systems, providing an alternative to furnaces that use fossil fuels like natural gas or oil. Heat pumps typically operate using electricity.

Heat pump systems also have the advantage of being used for both heating and cooling in homes. They operate by transferring indoor heat to the outside during hot weather, and when the weather turns colder, the same system pulls heat from outside air or the ground to indoor spaces for added warmth.

The overall concept, which can seem counterintuitive, is to harness the transfer of heat instead of generating heat and then put the transfer process to use for both heating and cooling.

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EurActiv, 13 Jun 2019: Newer forces are altering the HVAC market