Global HVAC Drive Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global HVAC Drive Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

HVAC Drive is designed to bring optimized process control to all heating, ventilation and air conditioning (HVAC) applications. 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.

According to our (Global Info Research) latest study, the global HVAC Drive market size was valued at US$ 3348 million in 2023 and is forecast to a readjusted size of USD 4598 million by 2030 with a CAGR of 4.7% during review period.

The key players in the market include ABB, Siemens, Danfoss, Schneider Electric, Emerson (Nidec), Mitsubishi Electric, Fuji Electric, Hitachi, Yaskawa, Toshiba, WEG SA and Eaton and among others.

On the basis of region, USA is the largest market segment of HVAC Drives, with a revenue market share nearly 28%. The second place is Europe, following USA with the market share over 24%. China is another important market of HVAC Drives.

This report is a detailed and comprehensive analysis for global HVAC Drive market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global HVAC Drive market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global HVAC Drive market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global HVAC Drive market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global HVAC Drive market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for HVAC Drive

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global HVAC Drive market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Siemens, Danfoss, Schneider Electric, Nidec, Mitsubishi Electric, Fuji Electric, Hitachi, Yaskawa, Toshiba, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

HVAC Drive market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Below 10 KW
10~100 KW
Above 100 KW

Market segment by Application
Air Handling Units
Cooling Towers
Pumps

Major players covered
ABB
Siemens
Danfoss
Schneider Electric
Nidec
Mitsubishi Electric
Fuji Electric
Hitachi
Yaskawa
Toshiba
WEG SA
Eaton
Johnson Controls
Daikin
Trane

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe HVAC Drive product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of HVAC Drive, with price, sales quantity, revenue, and global market share of HVAC Drive from 2019 to 2024.

Chapter 3, the HVAC Drive competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the HVAC Drive breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and HVAC Drive market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of HVAC Drive.

Chapter 14 and 15, to describe HVAC Drive sales channel, distributors, customers, research findings and conclusion.