The demand for energy-efficient products and services has never been higher and companies on the cutting edge of creating these solutions stand to gain in the future.
A report from MarketsandMarkets indicated the global market for industrial energy management systems will expand at an annual compound rate of 14.2 percent through 2019. In the next four years, the market will be worth more than $24 billion, with North America projected to bring in the most revenue of any region.
The report highlighted the energy-saving mechanisms most commonly sought out by industrial businesses, which include the use of data, analytics and demand response systems. Many companies struggle with maintaining consistent energy controls due to the nature of their operations. For instance, oil refineries, wastewater treatment plants and data centers are typically housed in massive buildings, covering hundreds of thousands of square feet, making it very expensive for HVAC systems to continually run at full power.
With competition among businesses a necessary function of the market, many companies turn their eyes toward energy savings as a way to gain an edge in the marketplace. Energy management solutions, like optimized HVAC units fuel innovation and allow businesses to save money on electricity costs.
All institutions on board
While the private sector continues to create new technologies that boost efficiency, industry standards and government regulations are also doing their part to limit the environmental impact of heavy duty commercial and industrial buildings.
California has long been on the forefront of pushing new energy-efficiency initiatives while the federal government has also implemented new codes to curb energy waste.
According to ACHRNews, total energy consumption by the federal government is now at its lowest level in nearly 40 years.
By retrofitting buildings with the latest, most advanced materials, energy can be consumed more efficiently, preventing waste and overspending. As a result, energy efficiency isn't just an environmental issue, but one of economics as well. That's why companies realize the potential of being more resource efficient, which in many cases comes down to higher HVAC performance.
Retrofitting HVAC units
One of the most effective ways to immediately reduce energy waste is to replace outdated or damaged HVAC equipment. By using more durable materials, like coated copper and aluminum HVAC coils, heating and cooling processes require less power while air quality noticeably improves.
The MarketsandMarkets report noted one of the top energy strategies sought by companies was the implementation of customized solutions. Because the conditions, functions and sizes of buildings vary, efficiency mechanisms need to be tailored to exact specifications with the help of an expert.
With more than 30 years of manufacturing, design and engineering experience, Rahn Industries provides custom HVAC coils built to spec. Installing custom coils can revamp an HVAC system and put businesses on the right track toward achieving their sustainability goals.
Rahn Industries has a full lineup of spray and immersion (dip)/ Bake protective coatings to meet your needs.