#magnovatech

The HVAC system modeling implies to the modeling of building, indoor, outdoor, and air handling unit (AHU) equipments. It is normally difficult for one HVAC system model to be completely comprehensive. Therefore, it is possible to divide the comprehensive model into submodels which may be appropriate in some instances. The key to any successful indoor thermal analysis or representation lies in the accuracy of the model of the indoor conditioned space within building and AHU equipments.

The simple hand-calculation methods were available to find out the cooling/heating load until the advent of computer simulation programs for the HVAC systems in the mid 1960s. The first simulation method attempted was to imitate physical conditions by treating the variable time as the independent. Most of the earliest simulation methods were based on the white-box or mathematical (physical) models, which are preferred over other models such as the black-box and the gray-box models because they are easy to analyze even though they are more complex than others .

The global HVAC industry witnesses an impressive growth rate of 7.2% till 2021, attributed to continued growth in construction sector revenues.

The Indian market surpasses this with an expected size of $5.9 billion by 2024, progressing at a CAGR of 7% during the forecast period (2019-2024).

The major factors driving the growth of the market are increasing number of high-rise buildings, hypermarkets in Tier-II cities, and shopping complexes and malls, where HVAC systems are an essential requirement. This gets augmented by the government’s spotlight on the on-going smart city projects in the nation.

The HVAC market displays an increased focus on energy efficiency by manufacturers as well consumers.

USD 1.45 Trillion government investment in infra projects over the next 5 years.

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