PRZOOM - /newswire/ -
Palo Alto, CA, United States, 2008/06/02 - Frost & Sullivan recognizes Arzel® Zoning Technology Inc. (Arzel) with the 2007 North American Frost & Sullivan Award for Competitive Strategy Leadership of the Year for its product reliability, design flexibility, and installation simplicity.
Based on its recent analysis of the zoning controls market, Frost & Sullivan recognizes Arzel® Zoning Technology Inc. (Arzel) with the 2007 North American Frost & Sullivan Award for Competitive Strategy Leadership of the Year for its product reliability, design flexibility, and installation simplicity.
Arzel designs zoning systems for applications ranging from new and existing homes to light commercial buildings, offering cost-effective, installation friendly comfort solutions.
While growth in the zoning controls industry in early 2000 came mainly from new construction as opposed to the retrofit market, by 2007, only 35 to 40 percent of the annual growth came from new construction. The remainder came from retrofit zoning, and the products sold in the replacement market.
Around 75 percent of these existing homes use a single thermostat. Essentially, there are many more homes available in the retrofit market, struggling with comfort issues and consuming more energy than they should.
Arzel was quick to recognize this potential target market and capitalize on the significant number of opportunities. In commercial facilities, demand for enhanced building automation systems is a key driver for the zoning controls and Arzel has taken advantage of this as well.
“The company has been highly successful in aligning its strategy to achieve an impressive 20 percent growth in 2007, as compared to an estimated average of 9 percent industry growth,” says Frost & Sullivan Research Analyst Jorge Moreno. “Having thoroughly examined the industry scenario, Arzel has leveraged the retrofit advantage to its growth strategies, designing with emphasis on flexibility to cater to both the retrofit as well as the new construction markets.”
Flexibility is one of the key factors driving Arzel’s growth. The company has also been striving to introduce innovative technologies and solutions to help increase comfort and reduce energy usage in its target segment. This includes the continued development of smarter control solutions.
For instance, Arzel’s HeatPumpPRO® is a unique product designed for flexibility and individualized comfort with today’s modern equipment including Variable Speed Technology. The state-of-the-art “Set-Up Wizard” allows contractors to configure the performance of the control in plain English, on a large lighted display, that can result in 25 to 30 percent energy savings for the user. Arzel aims to market the product by educating contractors and end users about comfort and energy savings. The company’s products have a competitive advantage in terms of reliability, retrofit zoning, and warranty.
In short, Arzel is set to capitalize on the huge opportunities in the United States and Canada, where there are around 75 million existing homes to cater to. These cumulative achievements make the company the deserving recipient of the 2008 Frost & Sullivan Competitive Strategy Leadership of the Year Award in the North American zoning controls market.
Each year, Frost & Sullivan presents this Award to the company whose competitive strategy has yielded significant gains in market share during the research period. It recognizes the ability to take advantage of recent market changes to introduce never-before seen methods of capturing and solidifying market presence. Alternatively, the Award recipient may have executed an innovative strategy within the existing competitive landscape, empowering the company to overtake the competition. In either case, the company captures the attention of the competition, which quickly adjusts in order to protect its own market position. Frost & Sullivan analysts expect such innovations to produce lasting, precedent-setting trends in the industry.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
About Arzel Zoning Technology Inc.
Arzel® Zoning Technology, Inc. is the industry leader and innovator of HVAC zone control systems for retrofit applications. These same innovative solutions translate well to both the light commercial and new construction HVAC zoning markets where contractors compete in today’s green building environment with more builders using Arzel as part of this strategy. Arzel solutions are marketed throughout North America via their growing network of wholesale distributors. The patented solutions offered by Arzel lead their category in installation flexibility, reliability and warranty.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership™ empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.