빌딩의 지속가능성을 가능하게 하는 IoT 기반 HVAC 서비스의 세계 시장(2025-2030년)

Transforming Building Efficiency and Climate Goals Through Intelligent HVAC Services

This study examines the emerging role of IoT-based HVAC services in promoting sustainability within the building industry. It highlights the role of real-time data, predictive maintenance, and integration with energy, IT, and building systems in enabling services, including maintenance and repair beyond warranty periods. The convergence of HVAC with occupancy sensors, renewable energy sources, and smart grid signals supports decarbonization and aligns with global sustainability goals, specifically SDG 7 (Affordable and Clean Energy) and SDG 13 (Climate Action).

As IoT-based HVAC services evolve rapidly, they offer direct access to user data and enable service models such as HVAC-as-a-service. These models emphasize outcome-based contracts focused on energy savings and system uptime. As a result, providers can deliver tailored, data-driven solutions that enhance performance, reduce costs, and improve customer experience. To stay competitive, HVAC firms must adopt open standards, invest in AI and IoT technologies, and transition from traditional equipment sales approaches to connected, performance-based services. Upskilling teams and forming strategic partnerships are also essential for success in this low-carbon, digital-first market. Ultimately, IoT-driven HVAC services are reshaping the industry by enabling smarter, more efficient, and sustainable building operations.

The Impact of the Top 3 Strategic Imperatives on IoT-Based HVAC Services

Industry Convergence

• Why: The success of IoT-based HVAC services depends on their integration with energy, IT, and building systems. This convergence enables real-time data sharing, predictive maintenance, and energy optimization, improving efficiency and reducing emissions.
• Frost Perspective: Market participants should invest in interoperable, data-driven HVAC solutions that integrate with smart building systems. They need to adopt open standards, apply AI and IoT for predictive maintenance and energy optimization, and align with ESG and sustainability goals.

Customer Value Chain Compression

• Why: IoT-based HVAC services are witnessing faster deployment, direct access to user data, and more responsive service models such as HVAC-as-a-service. They reduce costs, improve system performance, and accelerate innovation cycles.
• Frost Perspective: Customers expect direct access, real-time insights, and outcome-based results such as energy savings or uptime. These needs press providers to deliver faster, smarter, and more cost-effective solutions.

Innovative Business Models

• Why: Business models such as HVAC-as-a-service (HVACaaS) are driving the advancement of IoT-based HVAC services. IoT enables real-time monitoring, predictive maintenance, and outcome-based contracts focused on energy savings or uptime.
• Frost Perspective: Market participants must shift from selling equipment to delivering connected, performance-based services. IoT enables real-time monitoring, predictive maintenance, and energy optimization. Customers expect better decisions, seamless integration, and measurable outcomes.

Growth Drivers

• Stringent regulatory mandates focused on energy efficiency, emissions reduction, and sustainable building operations drive significant investment in sustainability solutions and IoT-based HVAC services.
• The adoption of smart building platforms and IoT-based energy and HVAC management systems is set to rise as facility managers prioritize operational efficiency, occupant health, and real-time building performance analytics.
• Corporate net-zero commitments and ESG-linked investment mandates accelerate the adoption of sustainability solutions and smart building technologies, as businesses prioritize emissions reduction, operational efficiency, and long-term asset resilience.
• Financial incentives, government subsidies, and energy performance contracts increasingly support investments in sustainable retrofits and IoT-based HVAC solutions, particularly in mature markets.
• The emergence of AI-driven autonomous building operations platforms is poised to redefine facility management by enabling real-time optimization of HVAC and energy systems with minimal human intervention.

Growth Restraints

• High upfront capital investment and long payback periods for implementing sustainability and IoT-based HVAC solutions remain a significant barrier, particularly for small and mid-sized building owners.
• Concerns over cybersecurity risks and data privacy in connected building environments are slowing the adoption of IoT-based services and cloud-enabled building management platforms.
• The highly fragmented retrofit market opportunity, characterized by legacy infrastructure and a lack of standardized IoT protocols, continues to limit the deployment of interoperable sustainability solutions. Vendor lock-in and proprietary building management systems further constrain market expansion and integration with third-party solutions.
• Shortage of skilled HVAC professionals with expertise in digital building technologies, IoT service management, and sustainable HVAC operations hinders market growth.

Table of Contents

Research Scope

• Scope of Analysis

Strategic Imperatives

• Why is it Increasingly Difficult to Grow?
• The Strategic Imperative 8™
• The Impact of the Top 3 Strategic Imperatives on IoT-Based HVAC Services

Growth Opportunity Analysis

• Growth Drivers
• Growth Restraints
• Forecast Assumption
• Installed Base of Connected HVAC Devices
• Revenue Forecast of IoT-Based HVAC Services
• Overview of IoT-Based HVAC Services Enabling Sustainability of Buildings
• Energy-Efficient HVAC and Lighting Retrofits
• IoT-Based Energy Management Systems
• AI-Powered Autonomous Operations Platforms
• On-Site Renewable Energy Integration
• IAQ Monitoring and Ventilation Optimization

Ecosystem Supporting Sustainability of Buildings

• Overview of the Buildings Ecosystem
• ABM Industries and Bosch Building Technologies
• Carrier and CBRE
• Daikin and Delta Controls
• Distech Controls and Honeywell
• Jacobs and JLL
• Johnson Controls and Schneider Electric
• Siemens and Signify
• Skanska and Trane Technologies

Growth Opportunity Universe

• Growth Opportunity 1: Retrofit for Aging Building Stock
• Growth Opportunity 2: Advancing Net Zero
• Growth Opportunity 3: Healthy Building Certifications and ESG-Linked Financing
• Growth Opportunity 4: IAQ as a Service and HVAC as a Service

Appendix & Next Steps

• Benefits and Impacts of Growth Opportunities
• Next Steps
• List of Exhibits
• Legal Disclaimer