Identifying Disruption in Advanced HVAC Technologies for Commercial Buildings

October 08, 2015 | State of the Market Report

Buildings represent the largest energy end use in the world, consuming one third of all final energy, and half of global electricity. In commercial buildings, almost 40% of this energy is consumed by equipment that conditions indoor environments – heating, cooling, and ventilating them. To improve the efficiency and quality of space conditioning, a number of new entrants have developed advanced HVAC technologies. In this report, we examine the current landscape of advanced HVAC offerings, and evaluate new entrants using the Lux Innovation Grid. While we uncovered promising innovations in heat and enthalpy recovery, there is more activity by nimble sensors and controls companies poised to uproot the large incumbents. As we see HVAC-related technology “servitized,” good opportunites for building equipment companies, utilities, and investors will present themselves.

Coverage Area

  • Owning the Energy Transition

Table of Contents

  • Executive Summary
  • Landscape
  • Analysis
  • Outlook
  • Endnotes

Lead Analyst

Alex Herceg, P. Eng.

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.

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