Earth is getting hotter with time. The latest report from the Intergovernmental Panel on Climate Change (IPCC) warns about the increasing temperature of the Earth that can rise by 1.5°C in the year 2050. Global warming can put 75 percent of the world's population at risk, and negatively affect living conditions in humid and hot areas. The need to cool the surface is going to become a necessity for human beings for survival. As the temperatures are increasing year by year, the dependence of people on air conditioning systems is also getting higher. But these systems are resulting in the emissions of energy-intensive units that cause further warming by creating a vicious cycle.
Innovation in The Air-Conditioning (ACs) Industry
Several factors are associated with the market contributing to the innovation in the AC industry. It leads the AC industry to focus on the economic scale, which results in an industry that is highly consolidated. The manufacturers and suppliers of AC pursue a high volume in selling AC units to consumers at affordable prices. The outcome of such results is not surprising at all because the vapor compression-based, best-performing conventional, room air conditioning systems have achieved about fourteen percent of efficiency limit, and it has been noticed that rapid acceleration of technologies is maximizing (e.g., solar panels, LED lighting) in most of the adjacent industries.
Conventional Solutions Can Take Us, How Far?
An efficient air conditioner with less climate impact has enough potential to address the challenge for future cooling. The demand for cooling the space can address the critical developmental as per the social need. To meet the booming demand of the world for cooling without any contribution to runaway climatic change. The burden on the grids of electricity will be significantly reduced, which is resulting in saving electricity that would avoid spending on new generation assets, and freeing up capital for national priorities, and other development.
Call Action For The Innovation!
The magnitude of the challenge of global cooling can serve as an urgent call for action. The solution is climate-friendly and radically efficient cooling technology with climate impact five times lesser, that is within the reach. The market ecosystem is necessary to scale and catalyze the solution.
It is the time to come together to spur within the industry, stimulate innovation for transformative change. Contact Ventech Systems for innovative air conditioning systems for your industry.
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