7 HVACR Trends To Watch In 2024
HVACR (Heating, Ventilation, Air Conditioning, and Refrigeration) trends are often driven by technological breakthroughs, sustainability, energy efficiency, and regulatory changes.
Here are 7 HVACR trends many industry experts believe will continue to gain momentum in 2024 with increased awareness and rising demand among both residential and commercial customers.
1. Smart HVAC Systems: The integration of IoT (Internet of Things) technology enables remote monitoring, predictive maintenance, and energy efficiency. Smart thermostats and sensors improve the control and efficiency of HVAC systems.
2. Emphasis on Energy Efficiency: There is a growing emphasis on energy-efficient technologies because of environmental concerns and economic savings. This involves the implementation of variable refrigerant flow (VRF) systems, high-efficiency heat pumps, and energy recovery ventilation (ERV) systems.
3. More Green Refrigerants: Regulations aimed at eliminating ozone-depleting compounds and lowering greenhouse gas emissions are driving a shift toward ecologically friendly refrigerants such as R-32 and R-454B, as well as natural refrigerants such as CO2 and ammonia.
4. Focus on Sustainability: Sustainable HVAC solutions are in high demand by residential and commercial clients, including renewable energy integration (such as solar-powered HVAC systems), green building certifications (LEED, BREEAM), and net-zero energy building design.
5. Air Quality Concerns: Health concerns have raised awareness of indoor air quality (IAQ), particularly in the aftermath of the COVID-19 pandemic. This includes the use of modern filtration systems, UV-C germicidal irradiation, and air purification technology.
6. Adoption of Heat Pump Technology: Heat pumps are becoming increasingly popular for both residential and commercial applications because of their adaptability, energy efficiency, and capacity to provide cooling and heating.
7. Building Automation Systems (BAS): Integrating HVAC systems with BAS allows for centralized control, data analytics, and building performance improvement. This improves energy efficiency, occupant comfort, and reduces operational costs.
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If you own an established HVAC business in Florida or Georgia would like to get a better understanding of the current market value of your company and important steps you can take today to maximize that value, get in touch with a CII business advisor today.