Search results for: 'Heating, Ventilation and Air-Conditioning Systems'

The end of the mining super cycle in Australia, completion of large LNG project buildouts, and decline in some manufacturing segments have weakened the demand for condition monitoring solutions. However, over the medium and long term, the normalisation of activity in key verticals and the increased demand for data-driven services will sustain growt...

Indoor air needs to be purified or sterilized to provide a healthy indoor environment, since people spend 90% or more of their time indoors (World Health Organization). Research showed that indoor air quality can be more polluted than outdoor air due to poor air ventilation, contamination by construction materials, chemicals, exposure to radon in t...

01 Mar 2022  |  Global  |  Market Research

Global Thermography Condition Monitoring Growth Opportunities

Future Growth Potential of Thermography Monitoring in Identifying Hidden Anomalies

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Thermography is used for predictive condition maintenance and energy conservation in a majority of the substantial applications within the petrochemical, steel, process, and semiconductor industries. This technique is a non-destructive, non-contact method that can be used for a wide range of high-temperature applications, such as maintenance of ele...

04 Dec 2024  |  Global  |  Market Research

Residential Heat Pump Industry, Global, 2024-2035

The Need to Decarbonize Residential Buildings is Driving Transformational Growth

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The global residential heat pump (HP) market is forecast to reach 17.0 million units by 2035, up from 7.6 million in 2024. Market definitions are important to the market forecast, and Frost & Sullivan excludes the sale of HPs for air conditioning. Market revenues are forecast to reach $80.43 billion by 2035, at a CAGR of 8.5% from 2024 to 2035. As ...

The global air traffic management industry is a vital component of the aviation sector, responsible for ensuring the safe, efficient, and orderly flow of air traffic. In 2022, the industry generated substantial revenue of $3,740.9 million, and it is projected to witness a steady growth rate at a CAGR of 3.8% from 2022 to 2032, reaching an estimated...

EU Directive on Energy Performance of Buildings in 2002 for reducing energy consumption in its member countries has forced the countries to frame regulatory laws to control the energy usage in both new buildings and existing buildings. Usage of Heat / Energy recovery ventilation systems is the rescue method which facilitates improved indoor air qua...

This study analyzes the global industrial heat pump (IHP) market as it undergoes a structural transition—from standalone decarbonization technologies to integrated energy orchestration assets within industrial systems.Covering the 2025 to 2035 period at a global level, the analysis focuses on electrically driven and heat-activated systems ≥200 kWth...

31 May 2023  |  Global  |  Market Research

Global Heat Exchanger Growth Opportunities

More Energy-efficient Solutions will Decrease CAPEX and Power Consumption to Make Industrial Procedures Greener

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The global heat exchanger market has reached maturity, with Asia-Pacific (APAC) accounting for most of its growth. The emerging markets, where growth is high, are populated by significant market participants. Energy conservation, ease of maintenance, corrosion reduction, and improved heat transference are essential end-user requirements. Original e...

14 Feb 2022  |  Global  |  Market Research

Global Oil Condition Monitoring Market

Real-time and Near Real-time Sensors in Oil Analysis

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Oil is a fundamental element for powering engines and for lubricating moving components in assets in the transportation sector. Oil is a key element that impacts productivity and profitability, making it a priority for customers. By monitoring the quality and characteristics of the oil, asset health and efficiency can be monitored, and any issues c...