Global Heating, Ventilation, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing Market – A Brief Outlook For 2018
This article is based on providing strategists, marketers and senior management with critical information or knowledge they need to have, to assess the global ventilation, heating, air-conditioning, and commercial refrigeration equipment prevalent in the manufacturing sector. Data segmentation mentioned revolving around regional breakdowns, the market share of competitors, key sub-segments. The statistics taken are five-year forecasts.
List of the top global market leaders
- • United Technologies Corporation
- Daikin Industries
- Johnson Controls Inc.
- Ingersoll-Rand Plc
- Bosch Group
- Danfoss GmbH
- Lennox Industries Inc.
- Nortek Inc
The HVAC equipment manufacturing industry
It includes companies offering manufacturing, ventilating, heating, industrial air conditioner and devices, and commercial and industrial refrigeration, and freezer equipment and the HVAC system consist of interconnected mechanical systems that provide thermal comfort and air quality in an indoor facility.
Western Europe is the most significant region in the ventilation, heating, air-conditioning, and commercial refrigeration equipment manufacturing market, and in 2017, it accounts for around 36% market share. The Asia Pacific was the second largest region accounting for about 32% market share. South America was the smallest region accounting for approximately 2% market share.
The Automobile Air-Conditioner Industry and System
The automobile air-conditioner system is a device for refrigerating, heating, ventilation and air purification. It can provide comfortable environments for occupants reduce fatigue strength of drivers and enhance driving safety. However, An air-conditioner device has been perceived as one of the standards to measure automobile performances, and the market for both is a rapidly increasing one with China being the world’s largest producer and distributor of automobiles for nine years from 2009 to 2017.
How Technology Is Reshaping The HVAC Industry
The HVAC companies are increasingly integrating IoT technology with HVAC equipment due to growing demand for real-time insights from HVAC equipment. The logic or intention behind this is that the inter-networking of physical devices embedded with software, sensors and network connectivity is enabled, making it easier to collect and exchange data, closely monitoring HVAC systems and controlling them from even remote locations.
What To Expect In future?
According to Emerson Climate Technologies, 33 percent of thermostats, a device that automatically regulates temperature sold in 2014 were Wi-Fi-enabled, and it is expected to become 75% by 2019.…
According to the U.S. Department of Energy Solid-State Lighting R&D Plan, LEDs will develop less than 10 percent of lighting systems. By 2035, LED lamps and luminaires will be utilized in 86% of all lighting products in the United States, with total cost savings of nearly $52 billion.
Increasing Efficiency And Savings
In recent years consumers have and are increasingly switching to LEDs, and their spread and usage are not just growing in Street, Food, and Commercial lights but also being replaced with standard lights which cause a rise in public or private expenditures.
In the last two decades, the evolution of LEDs as a source of white light has progressed - especially regarding efficacy which been achieved primarily through advances in LED chip technology by manufacturers and the production levels are likely to keep increasing.
Moreover, for many businesses, LEDs serve as the foundation of networked lighting systems which distribute related information to other systems, which are connected to an internal building management network. For example - heating, ventilation, and air conditioning systems could be alerted that certain parts of the building are empty, and could adjust the temperature or shut off the air conditioning entirely.
The figure above gives overview statistics of the revenues for LED lighting by their application in different uses. They seem to be favorable for the LED industrial manufacturers and suppliers, as an on-going growth of about 12% CAGR till 2019.
The Global LED Luminaire Revenues are expected to increase up to $45,548 till 2022. This revenue generation will be collected from a vast spread of different categories of LED light users such as streetlights, track lights, downlights and more
LEDs are also contributing to a significant structural and operational change in the way architects and interior designers use lighting because their bulbs are smaller and weigh less than traditional ones. They also allow more energy-saving to be done and there is extra room for flexibility and creativity both, even in highly lighting places, such as concerts, halls, museums, and retail stores - where aesthetics are essential.…
Consumer electronics (CE) is an industry which is not just vast and profitable but is also continually evolving because both, new and existing companies keep introducing new products and technologies to the market. Smart TV, streaming media players, wireless headphones and Bluetooth speakers, we all come under and are somehow part of the audio and video product segment within this industry.
In 2015, the size of the global earphones and headphones market valued at USD 8.7 billion. The current hype persisting in the earphone & headphone industry is not a fad; it's the future of the industry. The rise in its purchase is because several people are tethered to their smart devices, such as music players, mobiles, and tablets, for a significant portion of their day, primarily, for listening music, watching videos, or playing games.
The number of Headphones and Microphones sold worldwide has increased from 236 million in 2013 to an estimate of 334 million in 2016. Bluetooth headsets are the number one choice among the wearable devices worldwide, and there is a prediction the will maintain the leadership position in the coming years too. In 2015, even the shipments of Bluetooth headsets worldwide rose from approximately 116 million units, to nearly 140 million units by 2017. Sony, Phillips, Apple, Sennheiser, Bose, and Skullcandy are some of the leading headphone and headset brands in the headphone/headset market and are continually looking for ways to bring in new advancements, through different researches.
These statistics above show the global unit sales of headphones/headsets from 2013 to 2017. USD 368 million headphones µphones were forecasted to be sold worldwide in 2017, and the numbers are likely to continue rising.
According to Seimens, "Many factories will be underground, out of sight, and highly automated. By 2060 – In 50 years, a new world of manufacturing will be experienced, with thousands of humans competing in a global co-creation environment for cash prizes to design specialized components that can be 3D printed in such facilities or at customer locations".
The industrial Automation Industry is among the various ones that experienced substantial growth and investments both, over the years, mainly due to its constant efforts to keep striving hard. One of the essential benefits of Office Automation Products & Devices is the reduction in the use of labor.Also, there is an increase in the precision, quality, and accuracy of any system. Automation is a rapidly growing fad, industries are becoming quite dependable on them, and the spread can is visible in sectors like mechanical, hydraulics, airplanes, computers and many others.
Here are some new trends in the automation trends, which, if followed meticulously, can upgrade businesses and even set them apart from their competitors.
1. Data Visualization for Analysis
Making sense of this mountain of information remains a challenge. Therefore, through Office Automation Products & Devices it's easier and less expensive than ever to collect, transmit and store data. The newest trend in this area, are tools allowing end users to visualize the data, without requiring the assistance of programmers to interact with the information source.
2. 3D Printing
It is one of the biggest blessings enhancing modern industrial lifestyle and a remarkable revolution in the industry. In 2017, Siemens achieved a breakthrough in the 3D printing of gas turbine blades. For the first time, a team of experts has full-load tested gas turbine blades that were entirely produced using additive manufacturing. For some businesses, 3D printing most often makes sense as a substitute for custom parts produced in small quantities, usually by hand. Through this exciting technology is changing the way we manufacture by reducing the lead time for prototype development upto 90 percent.
3. Wireless Sensors
There is an increase in installing more and more wireless sensors, wireless pressure, flow, level, temperature, and others. These sensors are helping companies implement big data strategies, making sure they don't get left behind by more astute competitors.…
What Is Renewable Energy?
Renewable energy is generated from natural resources – such as sunlight, wind, rain, tides and geothermal heat and various forms of biomass.
Most renewable energy comes either directly or indirectly from the sun. Sunlight, or solar power, can be used directly for heating and lighting homes and other buildings, for generating electricity, and for hot water heating, solar cooling, and a variety of commercial and industrial uses like producing solar & renewable energy products.
In The New Era
Today, a fifth of the world's electricity is produced by renewable energy. The figure below shows the change in primary energy demand in 2016. It was the first year in history that added solar capacity, and it outstripped any other electricity-producing technology. There were more clean energy installations which also lead to the creating a better future for solar and renewable energy products, but about 10% more was done in 2015, keeping the costs four quaters lower than the current one.
New solar power gave the biggest boost, providing half of all new capacity; followed by wind power, which gave 15%.
Success is through making right decisions
It is that time where we need renewable energy more than ever as the global environment continues to face many challenges and stands at a critical juncture. It is a worldwide phenomenon which is rapidly increasing, and it can improve many industrial operations. For renewable energy to advance and bring forth a sustainable future for the world – As a solution, priorities need to be set, and the right decisions need to be taken. Careful protection and introduction of laws, promoting more of renewable energy and public & private partnerships, subsidies for the energy sector, liberalization, and balance between fair competitions around can all lead to progress.
New companies belonging to different parts of the world are all set to gain from investments in technology that are geared and planned in the energy sector. New companies or investors from different countries like China or other South Asian countries can contribute in the installation of a fully powered, stable and clean supply – combined with storage options and smart grids too.…
Rechargeable Batteries: Facts, Myths, and Explosions
It's a Myth that we should let or phone battery be dead before we recharge it again – That's because there is a risk that lithium batteries might explode and they are bad for the environment. So here, the question arises ‘Are lithium batteries safe to use?' - Countering the argument we can only say that remains a myth only because they don't have ‘memory' problems. Gone are the days when you had to wait for your phone or laptop to have dreaded battery and then charge them.
2017 saw various technologies enter into commercial production both for residential and industrial uses. Batteries and charge storage devices, rechargeable batteries, grid batteries are all critical developments in the recent market for technologies and devices. In 2018, the market dynamics have changed, and such technological advancements seem to be great and provide many advantages over other established, emerging and competing technologies such as ease of deployment, the flexibility of use, the precision and quality of the service they bring.
Rechargeable batteries power our phones, laptops, and toothbrushes. With solar battery storage in this new age, even electric cars have taken off.
How rechargeable batteries work?
Rechargeable batteries power devices operate the same way that disposable batteries do – through chemical reactions at the positive and negative electrodes. The crystals caused the memory problem build up on the wires in the array, leaving less room for the chemical reactions to take place during charging.
It is entirely safe to recharge your phone whenever you like and give it a full charge but getting them heated up is something that we should avoid because they can blow up or catch fire due to some chemical reaction – but that can only happen occasionally and is not life-risking. It is essential to be careful where you are keeping it while it is charged and even plugging your charger into an external power source forces specific chemicals reactions to happen in reverse.
Manufacturers are advised to manage through the installation of heat control systems, venting valves and fans to monitor and regulate the temperature the batteries work.