HVAC Drives Market

HVAC Drives Market 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.

Ventilating or ventilation (the V in HVAC) is the process of exchanging or replacing air in any space to provide high indoor air quality which involves temperature control, oxygen replenishment, and removal of moisture, odors, smoke, heat, dust, airborne bacteria, carbon dioxide, and other gases. Ventilation removes unpleasant smells and excessive moisture, introduces outside air, keeps interior building air circulating, and prevents stagnation of the interior air.

HVAC Drives Market contains market size and forecasts of HVAC Drives in global, including the following market information:

Global HVAC Drives Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global HVAC Drives Market Sales, 2017-2022, 2023-2028, (M Units)

Global top five HVAC Drives companies in 2021 (%)

The global HVAC Drives 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.

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 Drives include ABB, Siemens, Danfoss, Schneider Electric, Emerson (Nidec), Mitsubishi Electric, Fuji Electric, Hitachi and Yaskawa, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the HVAC Drives 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 Drives Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global HVAC Drives Market Segment Percentages, by Type, 2021 (%)

Below 10 KW

10~100 KW

Above 100 KW

Global HVAC Drives Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global HVAC Drives Market Segment Percentages, by Application, 2021 (%)

Air Handling Units

Cooling Towers

Pumps

Global HVAC Drives Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global HVAC Drives 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 Drives revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies HVAC Drives revenues share in global market, 2021 (%)

Key companies HVAC Drives sales in global market, 2017-2022 (Estimated), (M Units)

Key companies HVAC Drives sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

ABB

Siemens

Danfoss

Schneider Electric

Emerson (Nidec)

Mitsubishi Electric

Fuji Electric

Hitachi

Yaskawa

Toshiba

WEG SA

Eaton