Smart thermostats are one of the rapidly evolving technologies in the HVAC (heating, ventilation, and air-conditioning) space.
Electronic noses are instruments that attempt to mimic the human olfactory system with an array of chemical sensors designed to detect gases or vapors.
Home automation has evolved from smart appliances that have led to the development of integrated smart homes. It consists of four functional segments: lighting, security, audio/video & heating, ventilating & air conditioning (HVAC). The global smart homes market is estimated to reach $135.5B by 2025.
The rising inclination of consumers towards energy-efficient systems, such as eco-friendly inverter controller boards, and the growing popularity of portable systems are expected to impact the air conditioning systems market growth positively.