Embedded Computing Design

The heating, ventilating, and air conditioning (HVAC) market is growing at a 6% compound annual growth rate as annual shipments of AC systems are expected to grow from 110 million units in 2020 to 140 million units in 2024.¹ Large commercial systems will have the highest growth rate resulting from the construction of new healthcare, education, warehouse, government office, and retail facilities.

Heat pumps perform both heating and air conditioning and are all-electric systems. Unlike a fossil fuel heating system, heat pumps do not convert combustible fuel into heat energy. Thus, heat pumps are another tool in the global effort to reduce carbon dioxide emissions and minimize the potentially catastrophic effects of climate change on the planet. Over 80 countries have endorsed the Net-Zero Emissions (NZE) initiative, which requires a 50% reduction in greenhouse gas emissions by 2030 and net-zero emissions by 2050.