Los Angeles, CA -- (SBWire) -- 04/25/2019 --Damper Actuators is a device that controls the opening and closing of a damper in an HVAC or heating, ventilation and air conditioning system.
The global Damper Actuators market was 1540 million US$ in 2018 and is expected to 1840 million US$ by the end of 2025, growing at a CAGR of 2.3% between 2019 and 2025.
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First, for industry structure analysis, the Damper Actuators industry is relatively concentrated. These manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 60% of the revenue market in 2015. Regionally, USA is the biggest production area, also the leader in the whole Damper Actuators industry.
Second, the production of Damper Actuators increased from 11916 K Units in 2011 to 13871 K Units in 2015 with an average growth rate of more than 3.87%.
Third, Europe occupied 32.67% of the production market in 2015. It is followed by Chian and Japan, which respectively have around 11.33% and 8.33% of the global total industry. Geographically, USA was the largest consumption market in the world, which took about 34.57% of the global consumption volume in 2015.
Fourth, for price trend analysis, a key variable in the performance of Damper Actuators producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
Fifth, for forecast, the global Damper Actuators revenue would keep increasing with annual growth rate with 3~5%. We tend to believe that this industry still has a bright future, considering the current demand of Damper Actuators.
This report studies the Damper Actuators market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
Johnson Controls
Belimo
Siemens
Honeywell
Schneider
Harold Beck & Sons
Rotork
Neptronic
Sontay
Joventa
Nenutec
Matsushima Measure Tech
Hansen Corporation
Dwyer Instruments
Azbil Corporation
Ventilation Control Products
KMC Controls
Dura Control
Kinetrol
By the product type, the market is primarily split into:
Pneumatic type
Electric type
Others
By the end users/application, this report covers the following segments:
Residential
Commercial
Public Utilities
Others
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Damper Actuators Market Update Analysis 2019 to 2025: Key Findings, Industry Demand, Key Players Review, Future Scope and Worldwide Forecast