World HVAC Equipment Market Worth $113 Billion by 2018

Dallas, TX (PRWEB) May 12, 2014

Global HVAC equipment market demand is expected to rise roughly 6% per year to $113 billion in 2018. Gains will be aided by continued expansion in building construction activity worldwide and improved spending in developed areas as the global recession of 2009, and subsequent slow recovery limited the market during the 2008-2013 period. Growth will also be driven by increased market penetration, stimulated by rising personal incomes that enable a wider array of individuals to purchase comfort equipment. Additionally, expanded infrastructure, leading to improved access to reliable electricity in developing countries, will provide the energy sources required to power HVAC equipment. Product development is extremely important and will continue to grow at a rapid pace in light of rising interest in more efficient systems and regulations requiring both greater efficiency and, in the case of cooling equipment, the use of more environmentally friendly refrigerants. To this end, HCFCs (e.g., R-22) are increasingly phased out in favor of HFCs (e.g,. HFC-410a), hydrocarbons (e.g., propane), and “natural” refrigerants (e.g., ammonia). Complete report on World HVAC Equipment market is available at

Dominant Asia/Pacific region to gain market share

The largest regional market for HVAC equipment in 2013 was the Asia/Pacific region, with half of the global total. Advances will be propelled by the continuing development of the Chinese market, which will account for 59 percent of regional sales in 2018 and nearly one-third of additional global demand through 2018. India is expected to post the most rapid gains worldwide with double-digit growth of HVAC equipment sales through 2018 aided by expanding electric power infrastructure and HVAC distribution networks, rising incomes, and greater construction spending. However, in many of the least developed countries in the region, growth for HVAC equipment will be restrained by inadequate personal incomes, unreliable power supplies, and limited product availability. In 2013, North America was the second largest regional market, accounting for one-fifth of global sales. The US is the world’s second largest national HVAC equipment market, accounting for 16 percent of global demand in 2013. The enormity of the US market reflects the immense size and advanced nature of the country’s economy. The US market, along with Western Europe and Japan, will see improved sales rates through 2018 as these areas continue to recover from subdued construction activity, nonresidential investment, and consumer spending associated with the 2009 global recession.

Companies profiled in World HVAC Equipment market research report include Advanced Distributor Products, AFG Arbonia-Forster-Holding AG, Airwell France, Alliance Compressors, Ingersoll-Rand, and Lennox International American Standard Heating and Air Conditioning, Blue Star Limited, Bosch (Robert) GmbH, Broan-NuTone, Carrier Midea India Private, CES Group, Chaffoteaux, Chongqing Midea General Refrigeration Equipment, Climaveneta, Daikin Industries Limited, Danfoss A/S, Dectron Internationale Incorporated, De’Longhi SpA, DeLclima SpA, Dunham-Bush Holding Bhd, Elco Holdings Limited, Elco Shared Services, Electra Consumer Products 1970, Electrolux AB, Emerson Electric Company, GD Midea Holding Company Limited, Goodman Global Group, Gree Electric Appliances Incorporated, Haier Group Company, Hitachi Limited, Ingersoll-Rand plc, International Comfort Products, J&E Hall International, Jiangsu Chunlan Refrigerating Equipment Stock Company Limited, Johnson Controls Incorporated, Kermi, Lennox International Incorporated, LG Electronics Incorporated, McQuay International, Misr Refrigeration and Air Conditioning Manufacturing, Mitsubishi Electric Corporation, Nordyne, Nortek Incorporated, OYL Group, OYL-Condair Industries, Paloma Company Limited, Panasonic Corporation, PZP HEATING as, Raypak, RC Group, Rheem Manufacturing, Ruud Manufacturing, Samsung Electronics Company Limited, Sharp Corporation, Thermoplus Air, Trane, United Technologies Corporation, Voltas Limited, Whirlpool Corporation, Zhuhai Gree Daikin Device and Gree Electric Appliances. Order a copy of this report at

Heat pumps to be the fastest-growing type worldwide

Room air conditioners accounted for approximately one-quarter of global HVAC equipment sales in 2013. Minisplits will achieve the more rapid gains, as these units are generally more energy efficient than window units due to the common inclusion of inverter technology. Heat pumps are projected to register the fastest gains through 2018, arising from a low base. Heat pumps are valued for their energy efficiency and ability to provide both heating and cooling capabilities. Market penetration of these products is relatively low throughout the world, and demand often is dependent on government incentives (e.g., low interest loans, rebates, tax breaks) and low electricity rates (where electricity is the primary energy source).

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How Modeling Can Help You Increase Your Facility’s Energy Efficiency

By Neil Maldeis

Healthcare facility managers are constantly looking for ways to reduce energy consumption, manage operating costs and improve the physical environment of care so their hospitals can deliver better patient outcomes and provide a better, more comfortable and productive workplace for caregivers and staff.

The U.S. Energy Information Administration says that hospitals typically use more than twice the energy per square foot as the average commercial building, making healthcare a target-rich environment for facility teams looking to improve energy efficiency. As a result, energy efficiency has been elevated on most healthcare organizations’ to-do lists as organizations strive to do more with less.

Many hospitals are embracing high-performance building technologies and operating practices to make energy efficiency a priority when they begin new building projects or renovate existing facilities.

The incremental expense of choosing more energy-efficient design, construction and operating practices has gone down. In fact, the U.S. Green Building Council says the “green premium” for making energy-efficient choices has all but disappeared, ranging from nothing at all to around 6 percent. Meanwhile, the council says that high-performance buildings use 20- to 30-percent less energy and cost as much as 50-percent less to operate over their occupied life than standard buildings, yielding an attractive return on investment for building owners and operators.

Advancements in building modeling and analysis software have made it easier than ever for facility teams and their energy industry partners to compare the long-term impact of various choices, conduct “what if” analyses, choose operating parameters and make decisions about the energy efficiency measures they choose to implement.

Improved Building Modeling Capabilities Drive Decision-making

Building modeling and analysis software has come a long way since its introduction during the energy crisis of the early 1970s, and the science of modeling continues to advance. Today’s most advanced software applies techniques recommended by the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) and meets the requirements of the U.S. Green Building Council Leadership in Energy and Environmental Design (LEED) building rating system.

Building designers are able to make better choices when it comes to aligning building system capacity with the hospital’s anticipated load requirements. For example, the software can consider a wide range of design, climate, building envelope, utilization schedules, site orientation and other variables to establish peak heating and cooling loads. This enables the designer to better specify the required capacity for heating, ventilation and air conditioning, and other mechanical systems to ensure that the facility is able to create and maintain a safe and comfortable environment for building occupants.

Modern design and analysis tools enable users to simulate the design features of the actual hospital building early in the decision-making process. Particularly valuable in the healthcare environment is the ability to recognize and accommodate the need to maintain specific environmental conditions in different units of the hospital. For example, the software can evaluate the unique temperature, ventilation and air pressure requirements of a surgical suite compared with those of an isolation ward, patient room, lobby or cafeteria.

Software Aids Evaluation of Energy Efficiency Measures

Modeling software also enables users to evaluate various energy efficiency measures and determine which make the most sense and which provide the most attractive return on investment over time.

Today’s advanced tools enable facilities teams and their energy-industry partners to use net present value (NPV)-based cost analysis. Compared with the simple payback view of return on investment, NPV provides a more realistic picture of the total savings that energy conservation measures will generate over a hospital building’s decades-long occupied life. The total lifecycle approach is a critical element of the high-performance hospital concept.

Sophisticated algorithms can model the impact of a wide range of mechanical equipment options, ranging from chilled water systems and boilers to advanced technologies such as thermal storage, heat recovery, geothermal and cogeneration. In addition, the software can determine the projected impact on energy costs by choosing different energy types, utility providers and rate options.

Particularly valuable to facility management teams is the software’s ability to simulate control strategies, such as optimum start/stop, temperature or static pressure setpoint reset, humidification, night purge, fan cycling, demand limiting and equipment sequencing. These simulations can identify no-cost or low-cost energy conservation measures that can be implemented quickly by reprogramming the hospital’s building automation system.

Modeling software also can generate reports that make it easy for users to compare multiple alternatives. The reports also can be used to demonstrate compliance with ASHRAE and other standards and LEED guidelines.

Modeling and analytics capabilities also are critical tools used in energy audits in existing buildings. ASHRAE says that a well-conducted Level II or Level III energy audit can identify measures to reduce energy consumption by as much as 40 percent, paying for itself many times during a hospital’s long service life. Hospitals often work with a certified energy engineer or energy services company to conduct an effective energy audit with the goal of determining where, when, why and how energy is being used and identify, prioritize and implement energy efficiency measures.

Emerging analytical software tools that use historical and real-time interval utility data are available that can accelerate the audit process by providing a snapshot that gives energy engineers the data they need to visualize where energy is being wasted. This data is used to inform a targeted physical inspection of the facility to identify improvement opportunities.

Regardless of the approach taken, it is clear that healthcare facility managers will continue to be challenged by their organizations to do more with less, including less energy. Advanced modeling and analytical software is a powerful tool for identifying energy efficiency measures and for making informed decisions where energy is concerned.

About the Author

Neil Maldeis, professional engineer and Association of Energy Engineers certified energy manager, is energy solutions engineering leader for Trane, a global provider of indoor comfort solutions and services and a brand of Ingersoll Rand. Maldeis is responsible for the technical development, support and review of performance-based contracting solutions and activities on a national basis. He has more than 30 years of experience as a mechanical/project engineer in the building construction and energy conservation fields.

2014 Could Be Even Better than 2013 for Energy Efficiency

Despite a recovering economy — or perhaps because of it — 2013 was a strong year for energy efficiency efforts in the U.S. An article by the American Council for an Energy-Efficiency Economy (ACEEE) recaps 2013 highlights, including:

  • 7 states adopted some of the newest model building energy codes.
  • 8 states signed a memorandum of understanding on plans to put 3.3 million plug-in electric and fuel cell vehicles on the road by 2025. 
  • The federal government finalized new efficiency standards for distribution transformers and microwaves.
  • President Obama announced a climate change plan that includes several energy efficiency measures.

By many accounts, actions like these are working. The Energy Information Administration shows that through September 2013 electricity consumption and the transportation sector’s oil use are down compared to the same period in 2011 and 2012.

This year promises to be another strong one for energy efficiency. For example, several actions included in Climate Action Plan will take place in 2014, such as the release of draft carbon dioxide emissions standards for existing power plants.Looking forward

At Trane, we think these measures are taking us in the right direction.

As energy conservation remains part of the conversation and the economy recovers, it makes both environmental and economic sense to implement standards and policies that encourage energy efficiency. And as more companies adopt these policies, the interest and demand for high performance buildings will continue to grow.

But because the decisions around a high performance building are as much about economics as pure sustainability, there will be a stronger emphasis on metrics and reporting. Both of which ensure that the work and promises that go into a high performance building are realized and are living up to expectations.

Whether because of regulatory pressures, environmental concerns or simply using good business sense, building and facility managers who have not yet examined the benefits of an energy-efficient building should take a serious look at how it could help their company in 2014.

Contact Trane to learn how your company can optimize energy efficiency efforts this year.