2014 HVAC and Building Automation Systems Study: Seven key findings
According to the data in this report, half of HVAC and building automation products specified by engineering firms for new and existing buildings are valued at more than $1 million, compared to 59% in 2013 and 47% in 2012.
In October 2014, Consulting-Specifying Engineer surveyed its audience members responsible for decisions related to the design of HVAC and/or building automation systems (BAS) products and services within their firms. Survey respondents identified these seven important high-level findings impacting the HVAC and BAS industries:
- Building structures: At least six out of 10 mechanical engineers specify product selections for office buildings, industrial or manufacturing warehouses or facilities, and educational facilities.
- Selection involvement: More than 70% of respondents determine requirements/write specifications and/or research and evaluate options for HVAC systems, equipment, and controls.
- Design value: Engineering firms are annually specifying $2.6 million of HVAC and BAS products for new and existing buildings, on average.
- HVAC challenges: More than half of respondents agree that energy efficiency and an inadequate budget for good design are affecting the future of HVAC systems.
- BAS challenges: Two-thirds of engineers reported interoperability and complementing systems as a top challenge when designing BAS.
- Products specified: Air handlers, fans and air movement, and pumps and pumping systems were the top three HVAC equipment or control systems currently being specified by mechanical engineers.
- Sources of design revenue: Seventy percent or more of respondents cited pumps and pumping systems, air handlers, fans and air movement, and BAS equipment as having generated design revenue for their firms within the past year.