Global HVAC Drives Market Analysis and Forecast 2024-2030

Global HVAC Drives Market Analysis and Forecast 2024-2030


Summary

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.
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.

According to APO Research, The global HVAC Drives market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for HVAC Drives is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for HVAC Drives is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for HVAC Drives is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for HVAC Drives is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of HVAC Drives include ABB, Siemens, Danfoss, Schneider Electric, Emerson (Nidec), Mitsubishi Electric, Fuji Electric, Hitachi and Yaskawa, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the HVAC Drives production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of HVAC Drives by region (region level and country level), by Company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for HVAC Drives, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of HVAC Drives, also provides the consumption of main regions and countries. Of the upcoming market potential for HVAC Drives, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the HVAC Drives sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global HVAC Drives market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for HVAC Drives sales, projected growth trends, production technology, application and end-user industry.

HVAC Drives segment by Company

ABB
Siemens
Danfoss
Schneider Electric
Emerson (Nidec)
Mitsubishi Electric
Fuji Electric
Hitachi
Yaskawa
Toshiba
WEG SA
Eaton
HVAC Drives segment by Type

Below 10 KW
10~100 KW
Above 100 KW
HVAC Drives segment by Application

Air Handling Units
Cooling Towers
Pumps
HVAC Drives segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global HVAC Drives market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of HVAC Drives and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of HVAC Drives.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: 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 3: HVAC Drives production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of HVAC Drives in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of HVAC Drives manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, HVAC Drives sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: Middle East, Africa, Latin America by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 HVAC Drives Market by Type
1.2.1 Global HVAC Drives Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Below 10 KW
1.2.3 10~100 KW
1.2.4 Above 100 KW
1.3 HVAC Drives Market by Application
1.3.1 Global HVAC Drives Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Air Handling Units
1.3.3 Cooling Towers
1.3.4 Pumps
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 HVAC Drives Market Dynamics
2.1 HVAC Drives Industry Trends
2.2 HVAC Drives Industry Drivers
2.3 HVAC Drives Industry Opportunities and Challenges
2.4 HVAC Drives Industry Restraints
3 Global HVAC Drives Production Overview
3.1 Global HVAC Drives Production Capacity (2019-2030)
3.2 Global HVAC Drives Production by Region: 2019 VS 2023 VS 2030
3.3 Global HVAC Drives Production by Region
3.3.1 Global HVAC Drives Production by Region (2019-2024)
3.3.2 Global HVAC Drives Production by Region (2025-2030)
3.3.3 Global HVAC Drives Production Market Share by Region (2019-2030)
3.4 North America
3.5 Europe
3.6 Southeast Asia
3.7 South America
3.8 Japan
3.9 China
4 Global Market Growth Prospects
4.1 Global HVAC Drives Revenue Estimates and Forecasts (2019-2030)
4.2 Global HVAC Drives Revenue by Region
4.2.1 Global HVAC Drives Revenue by Region: 2019 VS 2023 VS 2030
4.2.2 Global HVAC Drives Revenue by Region (2019-2024)
4.2.3 Global HVAC Drives Revenue by Region (2025-2030)
4.2.4 Global HVAC Drives Revenue Market Share by Region (2019-2030)
4.3 Global HVAC Drives Sales Estimates and Forecasts 2019-2030
4.4 Global HVAC Drives Sales by Region
4.4.1 Global HVAC Drives Sales by Region: 2019 VS 2023 VS 2030
4.4.2 Global HVAC Drives Sales by Region (2019-2024)
4.4.3 Global HVAC Drives Sales by Region (2025-2030)
4.4.4 Global HVAC Drives Sales Market Share by Region (2019-2030)
4.5 US & Canada
4.6 Europe
4.7 China
4.8 Asia (Excluding China)
4.9 Middle East, Africa and Latin America
5 Market Competitive Landscape by Manufacturers
5.1 Global HVAC Drives Revenue by Manufacturers
5.1.1 Global HVAC Drives Revenue by Manufacturers (2019-2024)
5.1.2 Global HVAC Drives Revenue Market Share by Manufacturers (2019-2024)
5.1.3 Global HVAC Drives Manufacturers Revenue Share Top 10 and Top 5 in 2023
5.2 Global HVAC Drives Sales by Manufacturers
5.2.1 Global HVAC Drives Sales by Manufacturers (2019-2024)
5.2.2 Global HVAC Drives Sales Market Share by Manufacturers (2019-2024)
5.2.3 Global HVAC Drives Manufacturers Sales Share Top 10 and Top 5 in 2023
5.3 Global HVAC Drives Sales Price by Manufacturers (2019-2024)
5.4 Global HVAC Drives Key Manufacturers Ranking, 2022 VS 2023 VS 2024
5.5 Global HVAC Drives Key Manufacturers Manufacturing Sites & Headquarters
5.6 Global HVAC Drives Manufacturers, Product Type & Application
5.7 Global HVAC Drives Manufacturers Commercialization Time
5.8 Market Competitive Analysis
5.8.1 Global HVAC Drives Market CR5 and HHI
5.8.2 2023 HVAC Drives Tier 1, Tier 2, and Tier 3
6 HVAC Drives Market by Type
6.1 Global HVAC Drives Revenue by Type
6.1.1 Global HVAC Drives Revenue by Type (2019 VS 2023 VS 2030)
6.1.2 Global HVAC Drives Revenue by Type (2019-2030) & (US$ Million)
6.1.3 Global HVAC Drives Revenue Market Share by Type (2019-2030)
6.2 Global HVAC Drives Sales by Type
6.2.1 Global HVAC Drives Sales by Type (2019 VS 2023 VS 2030)
6.2.2 Global HVAC Drives Sales by Type (2019-2030) & (M Units)
6.2.3 Global HVAC Drives Sales Market Share by Type (2019-2030)
6.3 Global HVAC Drives Price by Type
7 HVAC Drives Market by Application
7.1 Global HVAC Drives Revenue by Application
7.1.1 Global HVAC Drives Revenue by Application (2019 VS 2023 VS 2030)
7.1.2 Global HVAC Drives Revenue by Application (2019-2030) & (US$ Million)
7.1.3 Global HVAC Drives Revenue Market Share by Application (2019-2030)
7.2 Global HVAC Drives Sales by Application
7.2.1 Global HVAC Drives Sales by Application (2019 VS 2023 VS 2030)
7.2.2 Global HVAC Drives Sales by Application (2019-2030) & (M Units)
7.2.3 Global HVAC Drives Sales Market Share by Application (2019-2030)
7.3 Global HVAC Drives Price by Application
8 Company Profiles
8.1 ABB
8.1.1 ABB Comapny Information
8.1.2 ABB Business Overview
8.1.3 ABB HVAC Drives Sales, Revenue, Price and Gross Margin (2019-2024)
8.1.4 ABB HVAC Drives Product Portfolio
8.1.5 ABB Recent Developments
8.2 Siemens
8.2.1 Siemens Comapny Information
8.2.2 Siemens Business Overview
8.2.3 Siemens HVAC Drives Sales, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Siemens HVAC Drives Product Portfolio
8.2.5 Siemens Recent Developments
8.3 Danfoss
8.3.1 Danfoss Comapny Information
8.3.2 Danfoss Business Overview
8.3.3 Danfoss HVAC Drives Sales, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Danfoss HVAC Drives Product Portfolio
8.3.5 Danfoss Recent Developments
8.4 Schneider Electric
8.4.1 Schneider Electric Comapny Information
8.4.2 Schneider Electric Business Overview
8.4.3 Schneider Electric HVAC Drives Sales, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Schneider Electric HVAC Drives Product Portfolio
8.4.5 Schneider Electric Recent Developments
8.5 Emerson (Nidec)
8.5.1 Emerson (Nidec) Comapny Information
8.5.2 Emerson (Nidec) Business Overview
8.5.3 Emerson (Nidec) HVAC Drives Sales, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Emerson (Nidec) HVAC Drives Product Portfolio
8.5.5 Emerson (Nidec) Recent Developments
8.6 Mitsubishi Electric
8.6.1 Mitsubishi Electric Comapny Information
8.6.2 Mitsubishi Electric Business Overview
8.6.3 Mitsubishi Electric HVAC Drives Sales, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Mitsubishi Electric HVAC Drives Product Portfolio
8.6.5 Mitsubishi Electric Recent Developments
8.7 Fuji Electric
8.7.1 Fuji Electric Comapny Information
8.7.2 Fuji Electric Business Overview
8.7.3 Fuji Electric HVAC Drives Sales, Revenue, Price and Gross Margin (2019-2024)
8.7.4 Fuji Electric HVAC Drives Product Portfolio
8.7.5 Fuji Electric Recent Developments
8.8 Hitachi
8.8.1 Hitachi Comapny Information
8.8.2 Hitachi Business Overview
8.8.3 Hitachi HVAC Drives Sales, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Hitachi HVAC Drives Product Portfolio
8.8.5 Hitachi Recent Developments
8.9 Yaskawa
8.9.1 Yaskawa Comapny Information
8.9.2 Yaskawa Business Overview
8.9.3 Yaskawa HVAC Drives Sales, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Yaskawa HVAC Drives Product Portfolio
8.9.5 Yaskawa Recent Developments
8.10 Toshiba
8.10.1 Toshiba Comapny Information
8.10.2 Toshiba Business Overview
8.10.3 Toshiba HVAC Drives Sales, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Toshiba HVAC Drives Product Portfolio
8.10.5 Toshiba Recent Developments
8.11 WEG SA
8.11.1 WEG SA Comapny Information
8.11.2 WEG SA Business Overview
8.11.3 WEG SA HVAC Drives Sales, Revenue, Price and Gross Margin (2019-2024)
8.11.4 WEG SA HVAC Drives Product Portfolio
8.11.5 WEG SA Recent Developments
8.12 Eaton
8.12.1 Eaton Comapny Information
8.12.2 Eaton Business Overview
8.12.3 Eaton HVAC Drives Sales, Revenue, Price and Gross Margin (2019-2024)
8.12.4 Eaton HVAC Drives Product Portfolio
8.12.5 Eaton Recent Developments
9 North America
9.1 North America HVAC Drives Market Size by Type
9.1.1 North America HVAC Drives Revenue by Type (2019-2030)
9.1.2 North America HVAC Drives Sales by Type (2019-2030)
9.1.3 North America HVAC Drives Price by Type (2019-2030)
9.2 North America HVAC Drives Market Size by Application
9.2.1 North America HVAC Drives Revenue by Application (2019-2030)
9.2.2 North America HVAC Drives Sales by Application (2019-2030)
9.2.3 North America HVAC Drives Price by Application (2019-2030)
9.3 North America HVAC Drives Market Size by Country
9.3.1 North America HVAC Drives Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
9.3.2 North America HVAC Drives Sales by Country (2019 VS 2023 VS 2030)
9.3.3 North America HVAC Drives Price by Country (2019-2030)
9.3.4 U.S.
9.3.5 Canada
10 Europe
10.1 Europe HVAC Drives Market Size by Type
10.1.1 Europe HVAC Drives Revenue by Type (2019-2030)
10.1.2 Europe HVAC Drives Sales by Type (2019-2030)
10.1.3 Europe HVAC Drives Price by Type (2019-2030)
10.2 Europe HVAC Drives Market Size by Application
10.2.1 Europe HVAC Drives Revenue by Application (2019-2030)
10.2.2 Europe HVAC Drives Sales by Application (2019-2030)
10.2.3 Europe HVAC Drives Price by Application (2019-2030)
10.3 Europe HVAC Drives Market Size by Country
10.3.1 Europe HVAC Drives Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
10.3.2 Europe HVAC Drives Sales by Country (2019 VS 2023 VS 2030)
10.3.3 Europe HVAC Drives Price by Country (2019-2030)
10.3.4 Germany
10.3.5 France
10.3.6 U.K.
10.3.7 Italy
10.3.8 Russia
11 China
11.1 China HVAC Drives Market Size by Type
11.1.1 China HVAC Drives Revenue by Type (2019-2030)
11.1.2 China HVAC Drives Sales by Type (2019-2030)
11.1.3 China HVAC Drives Price by Type (2019-2030)
11.2 China HVAC Drives Market Size by Application
11.2.1 China HVAC Drives Revenue by Application (2019-2030)
11.2.2 China HVAC Drives Sales by Application (2019-2030)
11.2.3 China HVAC Drives Price by Application (2019-2030)
12 Asia (Excluding China)
12.1 Asia HVAC Drives Market Size by Type
12.1.1 Asia HVAC Drives Revenue by Type (2019-2030)
12.1.2 Asia HVAC Drives Sales by Type (2019-2030)
12.1.3 Asia HVAC Drives Price by Type (2019-2030)
12.2 Asia HVAC Drives Market Size by Application
12.2.1 Asia HVAC Drives Revenue by Application (2019-2030)
12.2.2 Asia HVAC Drives Sales by Application (2019-2030)
12.2.3 Asia HVAC Drives Price by Application (2019-2030)
12.3 Asia HVAC Drives Market Size by Country
12.3.1 Asia HVAC Drives Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
12.3.2 Asia HVAC Drives Sales by Country (2019 VS 2023 VS 2030)
12.3.3 Asia HVAC Drives Price by Country (2019-2030)
12.3.4 Japan
12.3.5 South Korea
12.3.6 India
12.3.7 Australia
12.3.8 China Taiwan
12.3.9 Southeast Asia
13 Middle East, Africa and Latin America
13.1 Middle East, Africa and Latin America HVAC Drives Market Size by Type
13.1.1 Middle East, Africa and Latin America HVAC Drives Revenue by Type (2019-2030)
13.1.2 Middle East, Africa and Latin America HVAC Drives Sales by Type (2019-2030)
13.1.3 Middle East, Africa and Latin America HVAC Drives Price by Type (2019-2030)
13.2 Middle East, Africa and Latin America HVAC Drives Market Size by Application
13.2.1 Middle East, Africa and Latin America HVAC Drives Revenue by Application (2019-2030)
13.2.2 Middle East, Africa and Latin America HVAC Drives Sales by Application (2019-2030)
13.2.3 Middle East, Africa and Latin America HVAC Drives Price by Application (2019-2030)
13.3 Middle East, Africa and Latin America HVAC Drives Market Size by Country
13.3.1 Middle East, Africa and Latin America HVAC Drives Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
13.3.2 Middle East, Africa and Latin America HVAC Drives Sales by Country (2019 VS 2023 VS 2030)
13.3.3 Middle East, Africa and Latin America HVAC Drives Price by Country (2019-2030)
13.3.4 Mexico
13.3.5 Brazil
13.3.6 Israel
13.3.7 Argentina
13.3.8 Colombia
13.3.9 Turkey
13.3.10 Saudi Arabia
13.3.11 UAE
14 Value Chain and Sales Channels Analysis
14.1 HVAC Drives Value Chain Analysis
14.1.1 HVAC Drives Key Raw Materials
14.1.2 Raw Materials Key Suppliers
14.1.3 Manufacturing Cost Structure
14.1.4 HVAC Drives Production Mode & Process
14.2 HVAC Drives Sales Channels Analysis
14.2.1 Direct Comparison with Distribution Share
14.2.2 HVAC Drives Distributors
14.2.3 HVAC Drives Customers
15 Concluding Insights
16 Appendix
16.1 Reasons for Doing This Study
16.2 Research Methodology
16.3 Research Process
16.4 Authors List of This Report
16.5 Data Source
16.5.1 Secondary Sources
16.5.2 Primary Sources
16.6 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings