Control makers are sitting on a powder keg of growth
A recent study on the North American Intelligent Building Controls (IBC) market shows that market penetration for building controls is only half that of Germany’s and has the potential to double in size despite sales of $1.3 billion in 1998.
The Proplan Division of i&i Ltd., a United Kingdom research and consulting company, recently published a report titled “Intelligent Controls in Buildings — The North American Market 1998-2003.” The report shows that North America has spent the most on new construction, installed more hvac equipment, and averages the highest number of heating and cooling days.