Insights Success The 10 Most Prominent HVAC Solution Providers Dec | Page 4

Editorial
H
VAC & R is a national building industry – going ahead, without
HVAC in any application will be next to impossible. HVAC has
become a part and parcel of everybody’s life. So, going with
consumption rate, probability of Indian HVAC market to cross $7 Billion
by 2022 is definitely very high. As the boom is happening in front of us
in every industry, we would definitely witness development in the areas
of hospitality, residential, commercial and industrial applications which
will rise the need of of specialized allied building services like fire &
safety and plumbing, air-conditioning & ventilation with a higher level
of engineering and coordination between all the services. Moreover,
rising disposable income, construction in residential and commercial
sectors, extreme climatic conditions giving rise to focus at improving and
enhancing energy efficiency, which could be a major contributor to boost
Indian HVAC market for the coming years.
India got a good lot of manufacturers in HVC equipments, but the
industry experiences a lot of imports from neighboring countries with
cheaper prices. So, this industry definitely needs an equilibrium in
equipments and products which could be manufactured with huge skilled
manpower at all levels.
HVAC Industry
Analysis and
Needed Trends
Current challenges HVAC industry face is that all manufacturers started
using technology from abroad, it created a gloomy atmosphere for local
markets and also they have forgotten to focus on the life cycle cost
(which is installed cost, operation and maintenance cost).
So, energy efficient products can do wonders, though they are marginally
expensive to start with, by one unit saved is two units produced. Projects
need to be better executed in a well-planned way, deputing right
resources and dedicating the time required. A well executed project will
always maintain equilibrium without overcooling and will always have
lesser failure rates
With respect to the issues of Ozone Depletion and Global Warming,
studies on refrigerants are n full form, but fulfilling both the conditions is
difficult, only few refrigerants strike a fairly good balance.
HVAC systems aid in maintaining air quality in commercial and
residential establishments by effectively ventilating and filtering it, and
ensuring thermal balance. Significant policies on stringent and
eco-friendly norms, refrigerant use, advances in technology, safety
pre-requisites, and efficient use of products and services have inclined
the market players to advance and expand their business strategies and
product offerings. These factors in turn play a noteworthy role in forming
a pertinent demand for efficient HVAC system.
Pooja Jain