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HVAC Drive-Global Market Insights and Sales Trends 2024
Synopsis
HVAC Drive is designed to bring optimized process control to all heating, ventilation and air conditioning (HVAC) applications. 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.
The global HVAC Drive market size is expected to reach US$ 4311.3 million by 2029, growing at a CAGR of 4.8% from 2023 to 2029. The market is mainly driven by the significant applications of HVAC Drive in various end use industries. The expanding demands from the Air Handling Units, Cooling Towers and Pumps,, are propelling HVAC Drive market. Below 10 KW, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 10~100 KW segment is estimated at % CAGR for the next seven-year period.
The key players in the market include ABB, Siemens, Danfoss, Schneider Electric, Emerson (Nidec), Mitsubishi Electric, Fuji Electric, Hitachi, Yaskawa, Toshiba, WEG SA and Eaton and among others.
On the basis of region, USA is the largest market segment of HVAC Drives, with a revenue market share nearly 28%. The second place is Europe, following USA with the market share over 24%. China is another important market of HVAC Drives.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for HVAC Drive, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global HVAC Drive market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global HVAC Drive market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, HVAC Drive sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of HVAC Drive covered in this report include ABB, Siemens, Danfoss, Schneider Electric, Nidec, Mitsubishi Electric, Fuji Electric, Hitachi and Yaskawa, etc.
The global HVAC Drive market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Siemens
Danfoss
Schneider Electric
Nidec
Mitsubishi Electric
Fuji Electric
Hitachi
Yaskawa
Toshiba
WEG SA
Eaton
Johnson Controls
Daikin
Trane
Global HVAC Drive market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global HVAC Drive market, Segment by Type:
Below 10 KW
10~100 KW
Above 100 KW
Global HVAC Drive market, by Application
Air Handling Units
Cooling Towers
Pumps
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of HVAC Drive manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of HVAC Drive in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
HVAC Drive is designed to bring optimized process control to all heating, ventilation and air conditioning (HVAC) applications. 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.
The global HVAC Drive market size is expected to reach US$ 4311.3 million by 2029, growing at a CAGR of 4.8% from 2023 to 2029. The market is mainly driven by the significant applications of HVAC Drive in various end use industries. The expanding demands from the Air Handling Units, Cooling Towers and Pumps,, are propelling HVAC Drive market. Below 10 KW, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 10~100 KW segment is estimated at % CAGR for the next seven-year period.
The key players in the market include ABB, Siemens, Danfoss, Schneider Electric, Emerson (Nidec), Mitsubishi Electric, Fuji Electric, Hitachi, Yaskawa, Toshiba, WEG SA and Eaton and among others.
On the basis of region, USA is the largest market segment of HVAC Drives, with a revenue market share nearly 28%. The second place is Europe, following USA with the market share over 24%. China is another important market of HVAC Drives.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for HVAC Drive, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global HVAC Drive market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global HVAC Drive market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, HVAC Drive sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of HVAC Drive covered in this report include ABB, Siemens, Danfoss, Schneider Electric, Nidec, Mitsubishi Electric, Fuji Electric, Hitachi and Yaskawa, etc.
The global HVAC Drive market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Siemens
Danfoss
Schneider Electric
Nidec
Mitsubishi Electric
Fuji Electric
Hitachi
Yaskawa
Toshiba
WEG SA
Eaton
Johnson Controls
Daikin
Trane
Global HVAC Drive market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global HVAC Drive market, Segment by Type:
Below 10 KW
10~100 KW
Above 100 KW
Global HVAC Drive market, by Application
Air Handling Units
Cooling Towers
Pumps
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of HVAC Drive manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of HVAC Drive in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 HVAC Drive Market Overview
1.1 HVAC Drive Product Overview
1.2 HVAC Drive Market Segment by Type
1.2.1 Below 10 KW
1.2.2 10~100 KW
1.2.3 Above 100 KW
1.3 Global HVAC Drive Market Size by Type
1.3.1 Global HVAC Drive Market Size Overview by Type (2018-2029)
1.3.2 Global HVAC Drive Historic Market Size Review by Type (2018-2023)
1.3.3 Global HVAC Drive Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America HVAC Drive Sales Breakdown by Type (2018-2023)
1.4.2 Europe HVAC Drive Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific HVAC Drive Sales Breakdown by Type (2018-2023)
1.4.4 Latin America HVAC Drive Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa HVAC Drive Sales Breakdown by Type (2018-2023)
2 Global HVAC Drive Market Competition by Company
2.1 Global Top Players by HVAC Drive Sales (2018-2023)
2.2 Global Top Players by HVAC Drive Revenue (2018-2023)
2.3 Global Top Players by HVAC Drive Price (2018-2023)
2.4 Global Top Manufacturers HVAC Drive Manufacturing Base Distribution, Sales Area, Product Type
2.5 HVAC Drive Market Competitive Situation and Trends
2.5.1 HVAC Drive Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by HVAC Drive Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in HVAC Drive as of 2022)
2.7 Date of Key Manufacturers Enter into HVAC Drive Market
2.8 Key Manufacturers HVAC Drive Product Offered
2.9 Mergers & Acquisitions, Expansion
3 HVAC Drive Status and Outlook by Region
3.1 Global HVAC Drive Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global HVAC Drive Historic Market Size by Region
3.2.1 Global HVAC Drive Sales in Volume by Region (2018-2023)
3.2.2 Global HVAC Drive Sales in Value by Region (2018-2023)
3.2.3 Global HVAC Drive Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global HVAC Drive Forecasted Market Size by Region
3.3.1 Global HVAC Drive Sales in Volume by Region (2024-2029)
3.3.2 Global HVAC Drive Sales in Value by Region (2024-2029)
3.3.3 Global HVAC Drive Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global HVAC Drive by Application
4.1 HVAC Drive Market Segment by Application
4.1.1 Air Handling Units
4.1.2 Cooling Towers
4.1.3 Pumps
4.2 Global HVAC Drive Market Size by Application
4.2.1 Global HVAC Drive Market Size Overview by Application (2018-2029)
4.2.2 Global HVAC Drive Historic Market Size Review by Application (2018-2023)
4.2.3 Global HVAC Drive Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America HVAC Drive Sales Breakdown by Application (2018-2023)
4.3.2 Europe HVAC Drive Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific HVAC Drive Sales Breakdown by Application (2018-2023)
4.3.4 Latin America HVAC Drive Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa HVAC Drive Sales Breakdown by Application (2018-2023)
5 North America HVAC Drive by Country
5.1 North America HVAC Drive Historic Market Size by Country
5.1.1 North America HVAC Drive Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America HVAC Drive Sales in Volume by Country (2018-2023)
5.1.3 North America HVAC Drive Sales in Value by Country (2018-2023)
5.2 North America HVAC Drive Forecasted Market Size by Country
5.2.1 North America HVAC Drive Sales in Volume by Country (2024-2029)
5.2.2 North America HVAC Drive Sales in Value by Country (2024-2029)
6 Europe HVAC Drive by Country
6.1 Europe HVAC Drive Historic Market Size by Country
6.1.1 Europe HVAC Drive Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe HVAC Drive Sales in Volume by Country (2018-2023)
6.1.3 Europe HVAC Drive Sales in Value by Country (2018-2023)
6.2 Europe HVAC Drive Forecasted Market Size by Country
6.2.1 Europe HVAC Drive Sales in Volume by Country (2024-2029)
6.2.2 Europe HVAC Drive Sales in Value by Country (2024-2029)
7 Asia-Pacific HVAC Drive by Region
7.1 Asia-Pacific HVAC Drive Historic Market Size by Region
7.1.1 Asia-Pacific HVAC Drive Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific HVAC Drive Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific HVAC Drive Sales in Value by Region (2018-2023)
7.2 Asia-Pacific HVAC Drive Forecasted Market Size by Region
7.2.1 Asia-Pacific HVAC Drive Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific HVAC Drive Sales in Value by Region (2024-2029)
8 Latin America HVAC Drive by Country
8.1 Latin America HVAC Drive Historic Market Size by Country
8.1.1 Latin America HVAC Drive Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America HVAC Drive Sales in Volume by Country (2018-2023)
8.1.3 Latin America HVAC Drive Sales in Value by Country (2018-2023)
8.2 Latin America HVAC Drive Forecasted Market Size by Country
8.2.1 Latin America HVAC Drive Sales in Volume by Country (2024-2029)
8.2.2 Latin America HVAC Drive Sales in Value by Country (2024-2029)
9 Middle East and Africa HVAC Drive by Country
9.1 Middle East and Africa HVAC Drive Historic Market Size by Country
9.1.1 Middle East and Africa HVAC Drive Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa HVAC Drive Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa HVAC Drive Sales in Value by Country (2018-2023)
9.2 Middle East and Africa HVAC Drive Forecasted Market Size by Country
9.2.1 Middle East and Africa HVAC Drive Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa HVAC Drive Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB HVAC Drive Products Offered
10.1.5 ABB Recent Development
10.2 Siemens
10.2.1 Siemens Company Information
10.2.2 Siemens Introduction and Business Overview
10.2.3 Siemens HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens HVAC Drive Products Offered
10.2.5 Siemens Recent Development
10.3 Danfoss
10.3.1 Danfoss Company Information
10.3.2 Danfoss Introduction and Business Overview
10.3.3 Danfoss HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Danfoss HVAC Drive Products Offered
10.3.5 Danfoss Recent Development
10.4 Schneider Electric
10.4.1 Schneider Electric Company Information
10.4.2 Schneider Electric Introduction and Business Overview
10.4.3 Schneider Electric HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Schneider Electric HVAC Drive Products Offered
10.4.5 Schneider Electric Recent Development
10.5 Nidec
10.5.1 Nidec Company Information
10.5.2 Nidec Introduction and Business Overview
10.5.3 Nidec HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Nidec HVAC Drive Products Offered
10.5.5 Nidec Recent Development
10.6 Mitsubishi Electric
10.6.1 Mitsubishi Electric Company Information
10.6.2 Mitsubishi Electric Introduction and Business Overview
10.6.3 Mitsubishi Electric HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mitsubishi Electric HVAC Drive Products Offered
10.6.5 Mitsubishi Electric Recent Development
10.7 Fuji Electric
10.7.1 Fuji Electric Company Information
10.7.2 Fuji Electric Introduction and Business Overview
10.7.3 Fuji Electric HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Fuji Electric HVAC Drive Products Offered
10.7.5 Fuji Electric Recent Development
10.8 Hitachi
10.8.1 Hitachi Company Information
10.8.2 Hitachi Introduction and Business Overview
10.8.3 Hitachi HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hitachi HVAC Drive Products Offered
10.8.5 Hitachi Recent Development
10.9 Yaskawa
10.9.1 Yaskawa Company Information
10.9.2 Yaskawa Introduction and Business Overview
10.9.3 Yaskawa HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Yaskawa HVAC Drive Products Offered
10.9.5 Yaskawa Recent Development
10.10 Toshiba
10.10.1 Toshiba Company Information
10.10.2 Toshiba Introduction and Business Overview
10.10.3 Toshiba HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Toshiba HVAC Drive Products Offered
10.10.5 Toshiba Recent Development
10.11 WEG SA
10.11.1 WEG SA Company Information
10.11.2 WEG SA Introduction and Business Overview
10.11.3 WEG SA HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.11.4 WEG SA HVAC Drive Products Offered
10.11.5 WEG SA Recent Development
10.12 Eaton
10.12.1 Eaton Company Information
10.12.2 Eaton Introduction and Business Overview
10.12.3 Eaton HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Eaton HVAC Drive Products Offered
10.12.5 Eaton Recent Development
10.13 Johnson Controls
10.13.1 Johnson Controls Company Information
10.13.2 Johnson Controls Introduction and Business Overview
10.13.3 Johnson Controls HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Johnson Controls HVAC Drive Products Offered
10.13.5 Johnson Controls Recent Development
10.14 Daikin
10.14.1 Daikin Company Information
10.14.2 Daikin Introduction and Business Overview
10.14.3 Daikin HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Daikin HVAC Drive Products Offered
10.14.5 Daikin Recent Development
10.15 Trane
10.15.1 Trane Company Information
10.15.2 Trane Introduction and Business Overview
10.15.3 Trane HVAC Drive Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Trane HVAC Drive Products Offered
10.15.5 Trane Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 HVAC Drive Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 HVAC Drive Industrial Chain Analysis
11.4 HVAC Drive Market Dynamics
11.4.1 HVAC Drive Industry Trends
11.4.2 HVAC Drive Market Drivers
11.4.3 HVAC Drive Market Challenges
11.4.4 HVAC Drive Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 HVAC Drive Distributors
12.3 HVAC Drive Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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