Impact of Increasing Demand of HVAC Equipment in Industries

Heating, ventilation and air conditioning (HVAC) systems control the temperature and air flow within the area where it is installed. The HVAC equipment takes a major share of electricity bills for residential, commercial and industrial applications, which puts tremendous pressure on energy sources, and ultimately impacts the climate. With sustainability becoming a buzz word, companies are giving due emphasis on the selection of the right equipment for HVAC to save energy cost.

The Indian HVAC market is growing at an increasing speed. The faster growth is mainly due to the huge rise in construction activity in the real estate market. Indian Society of Heating, Refrigerating and Air Conditioning Engineers (Ishrae) estimates that the HVAC products market in India is valued around Rs 15,000 crore, having grown from Rs 10,000 crore in 2010.

In this interaction with Rakesh Rao, Ravichandran Purushothaman, President, Danfoss Industries Pvt Ltd, one of the leading players focusing on climate and energy efficient solutions, explains the criticality of using efficient drives & HVAC equipment for the profitability of industrial users – especially from chemicals, pharma, petrochemicals, etc.

Companies are trying to reduce their energy requirements and scouting for energy to address consumption needs, there is a desirable shift in the mindset of people to promote energy efficiency as an alternate fuel. Therefore, energy efficiency becomes a necessity more than a voluntary policy.



Source: business-standard.com