The market for HVAC systems was $197 billion in 2021 and is expected to reach over $271 billion by 2026. The bulk of that growth will happen in the commercial sector, in part due to the growing demand for energy efficiency. This is compounded by a growing interest in using HVAC systems to make buildings healthier.
However, HVAC equipment is only one piece of the puzzle. To truly make the most of HVAC equipment, an IoT HVAC monitoring system is an invaluable asset. This smart technology allows you to gain deep insight into system performance, implement intelligent automation strategies, and optimize efficiency.
The Benefits of IoT HVAC Monitoring Systems
HVAC monitoring systems include IoT sensors for monitoring temperature, occupancy, fresh air intake, and other conditions that affect indoor climate. Controllers and actuators turn data collected from these sensors into action. Some actions are immediate and preprogrammed into the system. More complex analyses are performed by smart building management platforms with machine learning capabilities that offer deep insights and continuously refine adjustments.
Integrating IoT HVAC monitoring systems with smart building management platforms provides tremendous benefits:
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Greater Energy Efficiency
IoT HVAC monitoring systems help buildings heat and cool spaces more efficiently. Sensor data can be used to evaluate equipment performance, identify inefficiencies, and create efficiency-focused automation strategies based on a range of variables. IoT devices can also monitor elements within an HVAC system, including variable air volume systems and fan coils, to promote energy efficiency.
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Lower Energy Costs
Greater efficiency means lower energy expenses. Integrating smart IoT technologies can make both new and older HVAC systems as economical as possible.
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Sustainability
HVAC systems have a big environmental impact and are often one of the most significant barriers to sustainability in buildings. By optimizing efficiency, IoT HVAC monitoring systems can drastically reduce a building’s carbon footprint and are often the key to achieving certifications like LEED and BREEAM.
These sustainability programs aren’t just good for the environment. They’re also good for business. Certified buildings command higher rents—as much as 23% more than non-certified buildings—and are increasingly attractive to tenants and buyers alike.
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Better Occupant Health
Environmental and equipment monitoring helps pinpoint conditions that lead to poor indoor air quality and compromise occupant health. A cutting-edge IoT HVAC monitoring system can ensure HVAC equipment stays responsive to occupant needs and safeguards the well-being of everyone inside the building.
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Greater Comfort
Smart technology helps building operators maximize comfort without compromising energy efficiency. IoT HVAC monitoring systems help maintain ideal temperatures and humidity levels and ensure buildings stay responsive to changing occupant needs.
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Streamlined Maintenance
IoT HVAC monitoring systems and smart building management platforms transform maintenance by allowing you to take a proactive, predictive maintenance approach. Data-driven maintenance means:
- Less reliance on manual intervention
- Easier troubleshooting
- Less downtime
- Lower maintenance costs
The result is better building performance and streamlined operations.
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Mobile Control
IoT makes it possible to access HVAC and other building data remotely from any smart device, ensuring that stakeholders have the information they need when they need it, no matter where they are.
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Interoperability
IoT-enabled HVAC systems work in tandem with other smart systems to unlock new capabilities and support greater efficiency. For example, HVAC functions can be adjusted according to real-time or predicted occupancy to ensure comfortable conditions while eliminating unnecessary heating and cooling. IoT-driven HVAC systems can also work with smart fans and smart blinds and can even adjust indoor conditions according to outside temperatures or weather.
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Demand Forecasting
The ability to predict energy consumption in a building is an enormous advantage. A smart building platform can use IoT HVAC monitoring system data to anticipate future energy needs and facilitate peak energy demand reductions.
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Revolutionize Your Property
The benefits of an IoT HVAC monitoring system are far-reaching. From simplifying day-to-day facility management and improving the lives of occupants to redefining a building’s relationship with the environment, IoT-driven monitoring can revolutionize your property. Whether you’re in the first stages of designing a new building or looking for ways to improve an existing property, Buildings IOT can create an end-to-end solution that allows you to optimize your HVAC system and so much more.
