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Global HVAC Monitoring System Market Research Report 2023

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HVAC monitoring systems continuously track the energy usage and performance of a building's heating, ventilation, and air conditioning devices, intending to alert operators to defects and inefficiencies. HVAC is a significant contributor to a property's maintenance and energy-related operational costs. Without HVAC analytics, equipment issues may go undetected for weeks. HVAC problems are a primary cause of tenant complaints and boost operational costs unnecessarily. These issues can be recognized and corrected in real-time using HVAC monitoring systems or devices that can be employed for the complete HVAC system, including chillers, exhaust fans, and motors. Furthermore, machine learning algorithms can examine consumption trends to predict when issues arise, allowing operators to make minor modifications rather than expensive repairs.

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