Los Angeles, CA -- (SBWire) -- 04/10/2019 --This report studies the HVAC Damper Actuators market; Damper Actuators is a device that controls the opening and closing of a damper in an HVAC or heating, ventilation and air conditioning system.
First, for industry structure analysis, the HVAC Damper Actuators industry is relatively concentrated. These manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. Regionally, benefit from advanced industrial systems and improved infrastructure, Europe has been the biggest consumption area for years.
Second, the sales of HVAC Damper Actuators increased from 11.78 M Units in 2014 to 13.14 M Units in 2018 with an average growth rate of more than 2.76%.
Third, Europe occupied 33.27% of the consumption valume market in 2018. It is followed by North America which have around 31.29% of the global total industry. Though sales in China was about 14.78% in 2018, the CAGR was 3.67% (2014-2018).
The global HVAC Damper Actuator market was 1330 million US$ in 2018 and is expected to 1610 million US$ by the end of 2025, growing at a CAGR of 2.7% between 2019 and 2025.
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This report studies the HVAC Damper Actuator 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.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of HVAC Damper Actuator in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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
Belimo
Johnson Controls
Siemens
Honeywell
Rotork
Schneider
Azbil Corporation
Neptronic
KMC Controls
Dura Control
Dwyer Instruments
Hansen Corporation
Kinetrol
By the product type, the market is primarily split into
Non-Spring Return Damper Actuators
Spring Return Damper Actuators
By the end users/application, this report covers the following segments
Commercial Building
Industrial Facilities
Public Utilities
Residential
Others
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Global HVAC Damper Actuator Market Is Supposed to Reach US$ 1610 Mn by 2025
The Global HVAC Damper Actuator Market is comprehensively and accurately detailed in the report, taking into consideration various factors such as competition, regional growth, segmentation, and market size by value and volume.