Trane Technologies commits to sustainability and innovation in the growing HVAC Industry

Trane Technologies is committed to developing innovative and efficient products and services aligned with sustainability goals. The emergence of new technologies, such as magnetic bearing, oil-free variable speed compressors, and smart technologies, present opportunities for chiller retrofits and sustainable building design.

HVAC industry outlook for 2023
By 2030, the Indian HVAC market is projected to reach $31,598.6 million, making implementing decarbonisation strategies to achieve emissions reduction goals crucial. The HVAC industry accounts for about 15% of global carbon emissions, and demand is expected to triple by 2050.

New trending technologies include magnetic bearing and oil-free variable speed compressors that offer high efficiency and substantial savings in operations and maintenance costs. The compact size of these systems also presents opportunities for chiller retrofits in existing plant rooms.

Smart technologies using next-generation controls are a major development in the HVAC industry, reducing the need for human intervention through automated maintenance systems and centralised control. Trane India can leverage remote monitoring solutions to help building owners enhance efficiency and create trouble-free operations.

Sustainability is now a key consideration in building design, focusing on green construction and sustainable building design. HVAC systems play a significant role in energy consumption, making them a critical component in sustainable building design.

Integrating smart technologies like IoT into HVAC equipment will further boost the industry’s growth.

Furthermore, integrating numerous smart technologies into HVAC equipment, such as IoT, will boost the growth of the HVAC industry.

Sustainability is our core strategy
Trane technologies place sustainability at the core of its strategy, with a commitment to minimising its environmental impact across its people, operations, and products and services that aligns with government agendas.

With customers increasingly demanding low global warming potential refrigerants and energyefficient products, Trane will continue advocating for HFO solutions to support sustainability efforts. Additionally, Trane plans to offer contracting sales to enhance plant room performance and reduce customers’ carbon footprint. The service team’s offerings are also aligned with the company’s global sustainability strategy to minimise environmental impact.

New developments
2022 was a success for us as we witnessed growth in our chiller business and an increased market share for steam products, such as screw and centrifugal chillers. Additionally, we enhanced our pipeline, raised the bid rates and adopted a direct sales approach.

Looking forward to 2023, we are determined to maintain our high growth trajectory for the applied and transport business while expanding our sales coverage in underpenetrated cities by launching new products and services. The transport business will remain a key focus area for market expansion. Moreover, we are introducing a new solution called ‘Storage to Transport’ in the cold chain for the pharmaceutical industry.

Although we are not manufacturing our equipment in India, our R&D centre located in Bangalore is dedicated to innovation and developing products that cater to Indian needs.

New Launches at Acrex 2023
The event serves as an excellent platform for the entire HVAC and related industries’ ecosystem, offering knowledge sharing, product displays, new launches, recognition for best performers, and attracting talent and customers looking to access the latest technology for their buildings.

Trane Technologies’ wide range of sustainable and efficient products and services cater to various sectors such as buildings, homes, and transportation, providing innovative, customer-centric solutions that have benefitted diverse segments, including commercial real estate, healthcare, hospitality, industrial, and large infrastructure. In line with this commitment, we are launching a new series of air-cooled chillers specifically designed for data center applications and offering our Plant Room Upgrade service.

We remain steadfast in our mission to introduce new and innovative HVAC&R solutions that align with India’s sustainability and growth objectives. Our product innovations during the COVID-19 pandemic are a testament to how seriously we take people’s health, customer efficiency, and energy efficiency, and we are committed to continuing on this path. Our product innovations during the Covid phase testify to how we take people’s health, customer efficiency and energy efficiency seriously. We will continue to tread this path.

Advancements in monitoring instruments
Monitoring in the HAVC system happens through the data obtained from different Field devices we use in Building management solutions. Generally, these monitoring devices can be differentiated by the below type:
Ÿ Temperature Sensor
Ÿ Humidity Sensor
Ÿ Pressure Sensor
Ÿ Air quality Sensors.

The HVAC sensors market is expected to experience growth in the coming years due to an increased focus on IBMS systems, advancements in HVAC sensors to improve indoor air quality (IAQ), and the integration of Industry 4.0 with IoT.

Connected smart devices and home appliances are utilised in building control systems in residential segments. A centralised control system can manage various household activities, including lighting, heating, air conditioning, ventilation, security, and access systems.

There is a high demand for specific sensors in the industrial and commercial segments that can predict the usable life of moving parts like bearings in chillers.