Sensing and Control Start-Ups Poised to Disrupt the HVAC Sector
As Developers of Core HVAC Struggle, New Companies Offer Novel Sensors and Controls to Improve Efficiencies in Heating and Cooling, Which Use 38% of Energy in Commercial Buildings, Says Lux Research
(firmenpresse) - BOSTON, MA -- (Marketwired) -- 11/03/15 -- Sensing and control start-ups are threatening incumbents in the heating, ventilation, and air conditioning (HVAC) world, as core equipment developers struggle with innovation and finances, according to . Just as in the building energy management systems (BEMS) software space, start-ups are innovating faster and challenging large building controls companies'' turf by installing their own connected devices and offering services.
"Large building companies are coming under siege by nimble startups," said Alex Herceg, Lux Research Analyst and lead author of the report titled, "."
"In the emerging landscape, large building equipment controls companies must proactively partner with or acquire HVAC tech developers, while utilities and telecom companies can leverage sensors and controls companies to cross-sell services," he added.
Lux Research analysts evaluated emerging HVAC technologies and start-ups, rating them on the Lux Innovation Grid. Among their findings:
Companies with enhanced ventilation technologies will see robust growth in the near term. Regulatory pushes are helping generate market pull -- third-party certifications are growing at a 13% compound annual growth rate (CAGR) globally.
Many start-ups have begun to bundle hardware into a service, ending outdated energy performance contracting. Companies like Daintree Networks and Entic are driving growth rates as high as 300% year-over-year using this "servitized" approach.
Cyclon Controls, Distech Controls, Enlighted, and Entic are among the "Dominant" HVAC sensors and controls companies on the Lux Innovation Grid. All four offer a full suite of sensing and controls products to help appeal to customers looking for a complete solution.
The report, titled "Identifying Disruption in Advanced HVAC Technologies for Commercial Buildings," is part of the Lux Research service.
Lux Research provides strategic advice and ongoing intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients. Visit for more information.
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