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Global HVAC Drives Market Is Expected to Advance at a CAGR of 3.7% Between 2017 and 2025 – QY Research

The HVAC Drives market was valued at 2350 Million US$ in 2017 and is projected to reach 3140 Million US$ by 2025, at a CAGR of 3.7% during the forecast period.

 

Los Angeles, CA -- (SBWIRE) -- 01/11/2019 -- This report presents the worldwide HVAC Drives market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

This report studies the HVAC Drives market, 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.

ABB, Siemens, Danfoss Drives, Schneider Electric, Emerson (Nidec), Mitsubishi Electric are major players in the HVAC Drives in 2016. ABB dominated with 18.03% production value share. Market polarization of products is more serious.

On the basis of region, USA is the largest market segment of HVAC Drives, with a revenue market share nearly 28.79% in 2016, which has great market potential in the future.

HVAC Drives used in industry including Air Handling Units, Cooling Towers and Pumps. Report data showed that 65.75% of the HVAC Drives market demand in Air Handling Units in 2016.

The HVAC Drives market was valued at 2350 Million US$ in 2017 and is projected to reach 3140 Million US$ by 2025, at a CAGR of 3.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for HVAC Drives.

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The following manufacturers are covered in this report:

ABB

Siemens

Danfoss Drives

Schneider Electric

Emerson (Nidec)

Mitsubishi Electric

General Electric

Fuji Electric

Hitachi

Yaskawa

Toshiba

WEG SA

Eaton

HVAC Drives Breakdown Data by Type

Below 10 KW

10~100 KW

Above 100 KW

HVAC Drives Breakdown Data by Application

Air Handling Units

Cooling Towers

Pumps

HVAC Drives Production by Region

United States

Europe

China

Japan

Other Regions

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