Global HVAC Drives Competitive Landscape Professional Research Report 2024

Global HVAC Drives Competitive Landscape Professional Research Report 2024



Research Summary

HVAC drives, also known as variable frequency drives (VFDs) or variable speed drives (VSDs), are devices used in Heating, Ventilation, and Air Conditioning (HVAC) systems to control the speed of electric motors. These drives adjust the motor speed based on the heating or cooling requirements of a space, providing more precise and energy-efficient control compared to traditional constant speed motors. HVAC drives regulate the rotational speed of fans, pumps, or compressors, allowing them to operate at different speeds and match the varying demands of the HVAC system. This results in energy savings, reduced wear and tear on equipment, and improved overall system performance. By modulating the motor speed, HVAC drives contribute to better temperature and humidity control, optimizing comfort levels while minimizing energy consumption in residential, commercial, and industrial HVAC applications.

According to DIResearch's in-depth investigation and research, the global HVAC Drives market size will reach XX US$ Million in 2024, and is expected to reach XX US$ Million in 2030, with a CAGR of XX% (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be XX US$ Million, accounting for approximately XX% of the world. It is expected to reach XX US$ Million in 2030, and the global share will reach XX%.

The major global manufacturers of HVAC Drives include ABB, Siemens, Danfoss, Schneider Electric, Nidec, Mitsubishi Electric, Fuji Electric, Hitachi, Yaskawa, Toshiba, WEG SA, Eaton, Johnson Controls, Daikin, Trane etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.

This report studies the market size, price trends and future development prospects of HVAC Drives. Focus on analysing the market share, product portfolio, prices, sales volume, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global HVAC Drives market. The report data covers historical data from 2019 to 2023, based year in 2024 and forecast data from 2025 to 2030.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the HVAC Drives market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of HVAC Drives industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of HVAC Drives Include:

ABB

Siemens

Danfoss

Schneider Electric

Nidec

Mitsubishi Electric

Fuji Electric

Hitachi

Yaskawa

Toshiba

WEG SA

Eaton

Johnson Controls

Daikin

Trane

HVAC Drives Product Segment Include:

Below 10 KW

10~100 KW

Above 100 KW

HVAC Drives Product Application Include:

Air Handling Units

Cooling Towers

Pumps

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global HVAC Drives Industry PESTEL Analysis

Chapter 3: Global HVAC Drives Industry Porter’s Five Forces Analysis

Chapter 4: Global HVAC Drives Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global HVAC Drives Market Size and Forecast by Type and Application Analysis

Chapter 6: North America HVAC Drives Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe HVAC Drives Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China HVAC Drives Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) HVAC Drives Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America HVAC Drives Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa HVAC Drives Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global HVAC Drives Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources


1 HVAC Drives Market Overview
1.1 Product Definition and Statistical Scope
1.2 HVAC Drives Product by Type
1.2.1 Global HVAC Drives Market Size by Type, 2023 VS 2024 VS 2030
1.2.2 Below 10 KW
1.2.3 10~100 KW
1.2.4 Above 100 KW
1.3 HVAC Drives Product by Application
1.3.1 Global HVAC Drives Market Size by Application, 2023 VS 2024 VS 2030
1.3.2 Air Handling Units
1.3.3 Cooling Towers
1.3.4 Pumps
1.4 Global HVAC Drives Market Revenue and Sales Analysis
1.4.1 Global HVAC Drives Market Size Analysis (2019-2030)
1.4.2 Global HVAC Drives Market Sales Analysis (2019-2030)
1.4.3 Global HVAC Drives Market Sales Price Trend Analysis (2019-2030)
1.5 HVAC Drives Market Development Status and Trends
1.5.1 HVAC Drives Industry Development Status Analysis
1.5.2 HVAC Drives Industry Development Trends Analysis
2 HVAC Drives Market PESTEL Analysis
2.1 Political Factors Analysis
2.2 Economic Factors Analysis
2.3 Social Factors Analysis
2.4 Technological Factors Analysis
2.5 Environmental Factors Analysis
2.6 Legal Factors Analysis
3 HVAC Drives Market Porter's Five Forces Analysis
3.1 Competitive Rivalry
3.2 Threat of New Entrants
3.3 Bargaining Power of Suppliers
3.4 Bargaining Power of Buyers
3.5 Threat of Substitutes
4 Global HVAC Drives Market Analysis by Regions
4.1 HVAC Drives Overall Market: 2023 VS 2024 VS 2030
4.2 Global HVAC Drives Revenue and Forecast Analysis (2019-2030)
4.2.1 Global HVAC Drives Revenue and Market Share by Region (2019-2024)
4.2.2 Global HVAC Drives Revenue Forecast by Region (2025-2030)
4.3 Global HVAC Drives Sales and Forecast Analysis (2019-2030)
4.3.1 Global HVAC Drives Sales and Market Share by Region (2019-2024)
4.3.2 Global HVAC Drives Sales Forecast by Region (2025-2030)
4.4 Global HVAC Drives Sales Price Trend Analysis (2019-2030)
5 Global HVAC Drives Market Size by Type and Application
5.1 Global HVAC Drives Market Size by Type
5.1.1 Global HVAC Drives Revenue and Forecast Analysis by Type (2019-2030)
5.1.2 Global HVAC Drives Sales and Forecast Analysis by Type (2019-2030)
5.2 Global HVAC Drives Market Size by Application
5.2.1 Global HVAC Drives Revenue and Forecast Analysis by Application (2019-2030)
5.2.2 Global HVAC Drives Sales and Forecast Analysis by Application (2019-2030)
6 North America
6.1 North America HVAC Drives Market Size and Growth Rate Analysis (2019-2030)
6.2 North America Key Manufacturers Analysis
6.3 North America HVAC Drives Market Size by Type
6.3.1 North America HVAC Drives Sales by Type (2019-2030)
6.3.2 North America HVAC Drives Revenue by Type (2019-2030)
6.4 North America HVAC Drives Market Size by Application
6.4.1 North America HVAC Drives Sales by Application (2019-2030)
6.4.2 North America HVAC Drives Revenue by Application (2019-2030)
6.5 North America HVAC Drives Market Size by Country
6.5.1 US
6.5.2 Canada
7 Europe
7.1 Europe HVAC Drives Market Size and Growth Rate Analysis (2019-2030)
7.2 Europe Key Manufacturers Analysis
7.3 Europe HVAC Drives Market Size by Type
7.3.1 Europe HVAC Drives Sales by Type (2019-2030)
7.3.2 Europe HVAC Drives Revenue by Type (2019-2030)
7.4 Europe HVAC Drives Market Size by Application
7.4.1 Europe HVAC Drives Sales by Application (2019-2030)
7.4.2  Europe HVAC Drives Revenue by Application (2019-2030)
7.5 Europe HVAC Drives Market Size by Country
7.5.1 Germany
7.5.2 France
7.5.3 United Kingdom
7.5.4 Italy
7.5.5 Spain
7.5.6 Benelux
8 China
8.1 China HVAC Drives Market Size and Growth Rate Analysis (2019-2030)
8.2 China Key Manufacturers Analysis
8.3 China HVAC Drives Market Size by Type
8.3.1 China HVAC Drives Sales by Type (2019-2030)
8.3.2 China HVAC Drives Revenue by Type (2019-2030)
8.4 China HVAC Drives Market Size by Application
8.4.1 China HVAC Drives Sales by Application (2019-2030)
8.4.2 China HVAC Drives Revenue by Application (2019-2030)
9 APAC (excl. China)
9.1 APAC (excl. China) HVAC Drives Market Size and Growth Rate Analysis (2019-2030)
9.2 APAC (excl. China) Key Manufacturers Analysis
9.3 APAC (excl. China) HVAC Drives Market Size by Type
9.3.1 APAC (excl. China) HVAC Drives Sales by Type (2019-2030)
9.3.2 APAC (excl. China) HVAC Drives Revenue by Type (2019-2030)
9.4 APAC (excl. China) HVAC Drives Market Size by Application
9.4.1 APAC (excl. China) HVAC Drives Sales by Application (2019-2030)
9.4.2 APAC (excl. China) HVAC Drives Revenue by Application (2019-2030)
9.5 APAC (excl. China) HVAC Drives Market Size by Country
9.5.1 Japan
9.5.2 South Korea
9.5.3 India
9.5.4 Australia
9.5.5 Indonesia
9.5.6 Vietnam
9.5.7 Malaysia
9.5.8 Thailand
10 Latin America
10.1 Latin America HVAC Drives Market Size and Growth Rate Analysis (2019-2030)
10.2 Latin America Key Manufacturers Analysis
10.3 Latin America HVAC Drives Market Size by Type
10.3.1 Latin America HVAC Drives Sales by Type (2019-2030)
10.3.2 Latin America HVAC Drives Revenue by Type (2019-2030)
10.4 Latin America HVAC Drives Market Size by Application
10.4.1 Latin America HVAC Drives Sales by Application (2019-2030)
10.4.2 Latin America HVAC Drives Revenue by Application (2019-2030)
10.5 Latin America HVAC Drives Market Size by Country
10.5.1 Mexico
10.5.2 Brazil
11 Middle East & Africa
11.1 Middle East & Africa HVAC Drives Market Size and Growth Rate Analysis (2019-2030)
11.2 Middle East & Africa Key Manufacturers Analysis
11.3 Middle East & Africa HVAC Drives Market Size by Type
11.3.1 Middle East & Africa HVAC Drives Sales by Type (2019-2030)
11.3.2 Middle East & Africa HVAC Drives Revenue by Type (2019-2030)
11.4 Middle East & Africa HVAC Drives Market Size by Application
11.4.1 Middle East & Africa HVAC Drives Sales by Application (2019-2030)
11.4.2 Middle East & Africa HVAC Drives Revenue by Application (2019-2030)
11.5 Middle East & Africa HVAC Drives Market Size by Country
11.5.1 Saudi Arabia
11.5.2 South Africa
12 Competition by Manufacturers
12.1 Global HVAC Drives Market Sales, Revenue and Price by Key Manufacturers (2020-2024)
12.1.1 Global HVAC Drives Market Sales by Key Manufacturers (2020-2024)
12.1.2 Global HVAC Drives Market Revenue by Key Manufacturers (2020-2024)
12.1.3 Global HVAC Drives Average Sales Price by Manufacturers (2020-2024)
12.2 HVAC Drives Competitive Landscape Analysis and Market Dynamic
12.2.1 HVAC Drives Competitive Landscape Analysis
12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
12.2.3 Market Dynamic
13 Key Companies Analysis
13.1 ABB
13.1.1 ABB Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.1.2 ABB HVAC Drives Product Portfolio
13.1.3 ABB HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.2 Siemens
13.2.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.2.2 Siemens HVAC Drives Product Portfolio
13.2.3 Siemens HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.3 Danfoss
13.3.1 Danfoss Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.3.2 Danfoss HVAC Drives Product Portfolio
13.3.3 Danfoss HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.4 Schneider Electric
13.4.1 Schneider Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.4.2 Schneider Electric HVAC Drives Product Portfolio
13.4.3 Schneider Electric HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.5 Nidec
13.5.1 Nidec Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.5.2 Nidec HVAC Drives Product Portfolio
13.5.3 Nidec HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.6 Mitsubishi Electric
13.6.1 Mitsubishi Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.6.2 Mitsubishi Electric HVAC Drives Product Portfolio
13.6.3 Mitsubishi Electric HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.7 Fuji Electric
13.7.1 Fuji Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.7.2 Fuji Electric HVAC Drives Product Portfolio
13.7.3 Fuji Electric HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.8 Hitachi
13.8.1 Hitachi Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.8.2 Hitachi HVAC Drives Product Portfolio
13.8.3 Hitachi HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.9 Yaskawa
13.9.1 Yaskawa Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.9.2 Yaskawa HVAC Drives Product Portfolio
13.9.3 Yaskawa HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.10 Toshiba
13.10.1 Toshiba Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.10.2 Toshiba HVAC Drives Product Portfolio
13.10.3 Toshiba HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.11 WEG SA
13.11.1 WEG SA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.11.2 WEG SA HVAC Drives Product Portfolio
13.11.3 WEG SA HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.12 Eaton
13.12.1 Eaton Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.12.2 Eaton HVAC Drives Product Portfolio
13.12.3 Eaton HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.13 Johnson Controls
13.13.1 Johnson Controls Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.13.2 Johnson Controls HVAC Drives Product Portfolio
13.13.3 Johnson Controls HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.14 Daikin
13.14.1 Daikin Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.14.2 Daikin HVAC Drives Product Portfolio
13.14.3 Daikin HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
13.15 Trane
13.15.1 Trane Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
13.15.2 Trane HVAC Drives Product Portfolio
13.15.3 Trane HVAC Drives Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024)
14 Industry Chain Analysis
14.1 HVAC Drives Industry Chain Analysis
14.2 HVAC Drives Industry Upstream Supply Analysis
14.2.1 Upstream Key Raw Material Supply Analysis
14.2.2 Raw Material Suppliers and Contact Information
14.3 HVAC Drives Typical Downstream Customers
14.4 HVAC Drives Sales Channel Analysis
15 Research Findings and Conclusion
16 Methodology and Data Source
16.1 Methodology/Research Approach
16.2 Research Scope
16.3 Benchmarks and Assumptions
16.4 Date Source
16.4.1 Primary Sources
16.4.2 Secondary Sources
16.5 Data Cross Validation
16.6 Disclaimer

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