Global HVAC Drives Market Size, Manufacturers, Growth Analysis Industry Forecast to 2030

Global HVAC Drives Market Size, Manufacturers, Growth Analysis Industry Forecast to 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.

North American 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.

This report presents an overview of global market for HVAC Drives, sales, 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 sales 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 HVAC Drives status and future forecast, involving, sales, revenue, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, sales, 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 HVAC Drives market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify HVAC Drives significant trends, drivers, influence factors in global and regions.
6. To analyze HVAC Drives 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 sales 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: Provides an overview of the HVAC Drives market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2019-2030).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global HVAC Drives industry.
Chapter 3: Detailed analysis of HVAC Drives manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales and value of HVAC Drives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Sales and value of HVAC Drives in country level. It provides sigmate data by type, and by application for each country/region.
Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global HVAC Drives Sales Value (2019-2030)
1.2.2 Global HVAC Drives Sales Volume (2019-2030)
1.2.3 Global HVAC Drives Sales Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 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 HVAC Drives Market by Company
3.1 Global HVAC Drives Company Revenue Ranking in 2023
3.2 Global HVAC Drives Revenue by Company (2019-2024)
3.3 Global HVAC Drives Sales Volume by Company (2019-2024)
3.4 Global HVAC Drives Average Price by Company (2019-2024)
3.5 Global HVAC Drives Company Ranking, 2022 VS 2023 VS 2024
3.6 Global HVAC Drives Company Manufacturing Base & Headquarters
3.7 Global HVAC Drives Company, Product Type & Application
3.8 Global HVAC Drives Company Commercialization Time
3.9 Market Competitive Analysis
3.9.1 Global HVAC Drives Market CR5 and HHI
3.9.2 Global Top 5 and 10 Company Market Share by Revenue in 2023
3.9.3 2023 HVAC Drives Tier 1, Tier 2, and Tier
3.10 Mergers & Acquisitions, Expansion
4 HVAC Drives Market by Type
4.1 HVAC Drives Type Introduction
4.1.1 Below 10 KW
4.1.2 10~100 KW
4.1.3 Above 100 KW
4.2 Global HVAC Drives Sales Volume by Type
4.2.1 Global HVAC Drives Sales Volume by Type (2019 VS 2023 VS 2030)
4.2.2 Global HVAC Drives Sales Volume by Type (2019-2030)
4.2.3 Global HVAC Drives Sales Volume Share by Type (2019-2030)
4.3 Global HVAC Drives Sales Value by Type
4.3.1 Global HVAC Drives Sales Value by Type (2019 VS 2023 VS 2030)
4.3.2 Global HVAC Drives Sales Value by Type (2019-2030)
4.3.3 Global HVAC Drives Sales Value Share by Type (2019-2030)
5 HVAC Drives Market by Application
5.1 HVAC Drives Application Introduction
5.1.1 Air Handling Units
5.1.2 Cooling Towers
5.1.3 Pumps
5.2 Global HVAC Drives Sales Volume by Application
5.2.1 Global HVAC Drives Sales Volume by Application (2019 VS 2023 VS 2030)
5.2.2 Global HVAC Drives Sales Volume by Application (2019-2030)
5.2.3 Global HVAC Drives Sales Volume Share by Application (2019-2030)
5.3 Global HVAC Drives Sales Value by Application
5.3.1 Global HVAC Drives Sales Value by Application (2019 VS 2023 VS 2030)
5.3.2 Global HVAC Drives Sales Value by Application (2019-2030)
5.3.3 Global HVAC Drives Sales Value Share by Application (2019-2030)
6 HVAC Drives Market by Region
6.1 Global HVAC Drives Sales by Region: 2019 VS 2023 VS 2030
6.2 Global HVAC Drives Sales by Region (2019-2030)
6.2.1 Global HVAC Drives Sales by Region: 2019-2024
6.2.2 Global HVAC Drives Sales by Region (2025-2030)
6.3 Global HVAC Drives Sales Value by Region: 2019 VS 2023 VS 2030
6.4 Global HVAC Drives Sales Value by Region (2019-2030)
6.4.1 Global HVAC Drives Sales Value by Region: 2019-2024
6.4.2 Global HVAC Drives Sales Value by Region (2025-2030)
6.5 Global HVAC Drives Market Price Analysis by Region (2019-2024)
6.6 North America
6.6.1 North America HVAC Drives Sales Value (2019-2030)
6.6.2 North America HVAC Drives Sales Value Share by Country, 2023 VS 2030
6.7 Europe
6.7.1 Europe HVAC Drives Sales Value (2019-2030)
6.7.2 Europe HVAC Drives Sales Value Share by Country, 2023 VS 2030
6.8 Asia-Pacific
6.8.1 Asia-Pacific HVAC Drives Sales Value (2019-2030)
6.8.2 Asia-Pacific HVAC Drives Sales Value Share by Country, 2023 VS 2030
6.9 Latin America
6.9.1 Latin America HVAC Drives Sales Value (2019-2030)
6.9.2 Latin America HVAC Drives Sales Value Share by Country, 2023 VS 2030
6.10 Middle East & Africa
6.10.1 Middle East & Africa HVAC Drives Sales Value (2019-2030)
6.10.2 Middle East & Africa HVAC Drives Sales Value Share by Country, 2023 VS 2030
7 HVAC Drives Market by Country
7.1 Global HVAC Drives Sales by Country: 2019 VS 2023 VS 2030
7.2 Global HVAC Drives Sales Value by Country: 2019 VS 2023 VS 2030
7.3 Global HVAC Drives Sales by Country (2019-2030)
7.3.1 Global HVAC Drives Sales by Country (2019-2024)
7.3.2 Global HVAC Drives Sales by Country (2025-2030)
7.4 Global HVAC Drives Sales Value by Country (2019-2030)
7.4.1 Global HVAC Drives Sales Value by Country (2019-2024)
7.4.2 Global HVAC Drives Sales Value by Country (2025-2030)
7.5 USA
7.5.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.5.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.5.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.6 Canada
7.6.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.6.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.6.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.7 Germany
7.7.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.7.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.7.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.8 France
7.8.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.8.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.8.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.9 U.K.
7.9.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.9.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.9.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.10 Italy
7.10.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.10.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.10.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.11 Netherlands
7.11.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.11.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.11.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.12 Nordic Countries
7.12.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.12.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.12.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.13 China
7.13.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.13.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.13.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.14 Japan
7.14.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.14.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.14.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.15 South Korea
7.15.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.15.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.15.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.16 Southeast Asia
7.16.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.16.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.16.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.17 India
7.17.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.17.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.17.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.18 Australia
7.18.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.18.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.18.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.19 Mexico
7.19.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.19.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.19.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.20 Brazil
7.20.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.20.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.20.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.21 Turkey
7.21.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.21.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.21.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.22 Saudi Arabia
7.22.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.22.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.22.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
7.23 UAE
7.23.1 Global HVAC Drives Sales Value Growth Rate (2019-2030)
7.23.2 Global HVAC Drives Sales Value Share by Type, 2023 VS 2030
7.23.3 Global HVAC Drives Sales Value Share by Application, 2023 VS 2030
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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value and Gross Margin (2019-2024)
8.12.4 Eaton HVAC Drives Product Portfolio
8.12.5 Eaton Recent Developments
9 Value Chain and Sales Channels Analysis
9.1 HVAC Drives Value Chain Analysis
9.1.1 HVAC Drives Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 HVAC Drives Sales Mode & Process
9.2 HVAC Drives Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 HVAC Drives Distributors
9.2.3 HVAC Drives Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources

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