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.
This report contains market size and forecasts of HVAC Drive in global, including the following market information:
Global HVAC Drive Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global HVAC Drive Market Sales, 2017-2022, 2023-2028, (M Units)
Global top five HVAC Drive companies in 2021 (%)
The global HVAC Drive market was valued at 3182.6 million in 2021 and is projected to reach US$ 4358.4 million by 2028, at a CAGR of 4.6% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Below 10 KW Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of HVAC Drive include ABB, Siemens, Danfoss, Schneider Electric, Nidec, Mitsubishi Electric, Fuji Electric, Hitachi and Yaskawa, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the HVAC Drive manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global HVAC Drive Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global HVAC Drive Market Segment Percentages, by Type, 2021 (%)
Below 10 KW
10~100 KW
Above 100 KW
Global HVAC Drive Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global HVAC Drive Market Segment Percentages, by Application, 2021 (%)
Air Handling Units
Cooling Towers
Pumps
Global HVAC Drive Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)
Global HVAC Drive Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies HVAC Drive revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies HVAC Drive revenues share in global market, 2021 (%)
Key companies HVAC Drive sales in global market, 2017-2022 (Estimated), (M Units)
Key companies HVAC Drive sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Siemens
Danfoss
Schneider Electric
Nidec
Mitsubishi Electric
Fuji Electric
Hitachi
Yaskawa
Toshiba
WEG SA
Eaton
Johnson Controls
Daikin
Trane