Heat pumps are seen as a main weapon in the battle to stem climate change. LG Electronics specializes in heat pumps, so this was a good opportunity for the company to promote its wares.
The world is headed into a greener future and Johnson Controls wants to act as a leader in getting there. That will take smarter, more efficient HVAC equipment.
High-profile universities have released studies on how to prevent disease transmission through the air. One such study may provide the ability to take early action in the future to prevent the spread of an array of airborne ailments.
Johnson Controls announced the launch of OpenBlue Indoor Air Quality as a Service, an “as-a-service" IAQ solution for buildings, delivering energy-efficient, turnkey clean air outcomes with an innovative financing model.
A combination of continued consumer spending and increased interest in IAQ drove sales throughout the year. Higher costs driven by supply chain issues ate into the profits for most companies, however.
Consumer awareness and opinion of heat pumps are both improving, along with the technology. Manufacturers see a strong market ahead, although some challenges remain.