Global HVAC Drives Market Insights, Forecast to 2025

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 2018 and is projected to reach 3140 Million US$ by 2025, at a CAGR of 3.7% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for HVAC Drives.

This report presents the worldwide HVAC Drives market size (value, production and consumption), splits the breakdown (data status 2014-2019 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.

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

HVAC Drives Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global HVAC Drives status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key HVAC Drives manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of HVAC Drives :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of HVAC Drives market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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