The Drive designed specifically for HVAC applications, drives are installed on a daily basis in various heating, ventilation and air conditioning (HVAC) and water-boosting applications in new and existing buildings and infrastructural systems all over the world. They enhance air quality and indoor comfort levels, improve control and energy-saving possibilities, ensure better asset protection, reduce maintenance costs and increase reliability.
USA is the largest market segment of HVAC Drives, with a revenue market share nearly 28.65% in 2018, which has great market potential in the future. The second place is Europe; following USA with the market share over 24.91% in 2018. China is another important market of HVAC Drives.
According to this study, over the next five years the HVAC Drives market will register a 5.3% CAGR in terms of revenue, the global market size will reach US$ 3390 million by 2024, from US$ 2620 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in HVAC Drives business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of HVAC Drives market by product type, application, key manufacturers and key regions and countries.
This study considers the HVAC Drives value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Below 10 KW
10~100 KW
Above 100 KW
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Air Handling Units
Cooling Towers
Pumps
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ABB
Siemens
Danfoss
Schneider Electric
Emerson (Nidec)
Mitsubishi Electric
Fuji Electric
Hitachi
Yaskawa
Toshiba
WEG SA
Eaton
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global HVAC Drives consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of HVAC Drives market by identifying its various subsegments.
Focuses on the key global HVAC Drives manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the HVAC Drives with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of HVAC Drives submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on HVAC Drives . Industry analysis & Market Report on HVAC Drives is a syndicated market report, published as Global HVAC Drives Market Growth 2019-2024. It is complete Research Study and Industry Analysis of HVAC Drives market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.