The global HVAC Drives market was valued at 237.21 Million USD in 2021 and will grow with a CAGR of 3.52% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

ABB

Siemens

Danfoss Drives

Schneider Electric

Emerson (Nidec)

Mitsubishi Electric

General Electric

Fuji Electric

Hitachi

Yaskawa

Toshiba

WEG SA

Eaton

By Types:

Below 10 KW

10~100 KW

Above 100 KW

By Applications:

Air Handling Units

Cooling Towers

Pumps

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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