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
BOSTON, MA--(Marketwired - Nov 3, 2015) - 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 Lux Research. 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, "Identifying Disruption in Advanced HVAC Technologies for Commercial Buildings."
"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:
The report, titled "Identifying Disruption in Advanced HVAC Technologies for Commercial Buildings," is part of the Lux Research Intelligent Buildings Intelligence service.
About Lux Research
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 www.luxresearchinc.com for more information.
Contact Information:
Contact:
Brent Watters
Lux Research, Inc.
857-702-3905
brent.watters@luxresearchinc.com