North America HVAC Actuators Market Size, Share & Industry Trends Analysis Report By Type, By Technology (Conventional and Smart), By Application (Industrial Facilities, Commercial Building and Public Utilities), By Country and Growth Forecast, 2022 - 20

North America HVAC Actuators Market Size, Share & Industry Trends Analysis Report By Type, By Technology (Conventional and Smart), By Application (Industrial Facilities, Commercial Building and Public Utilities), By Country and Growth Forecast, 2022 - 2028

The North America HVAC Actuators Market would witness market growth of 4.1% CAGR during the forecast period (2022-2028).

The HVAC industry's increasing demand for loT (the internet of things) is anticipated to accelerate market growth. In addition, it is projected that strong demand for HVAC actuators in developing nations will drive market expansion as it would increase product installation in control systems across several industries. HVAC controls are extensively utilized in a variety of industries, particularly by data center operators and facilities that produce food to keep temperatures steady.

Data centers include delicate electronic components that need to have temperature, ventilation, humidity, and other conditions continuously monitored to maintain smooth operation. The demand for data centers is rising as cloud computing and analytics are becoming more widely used. As a result, there is an increase in demand for HVAC actuators and other efficient HVAC control equipment. Similar to this, in the food processing sector, cold storage facilities use HVAC control systems to preserve foods and dairy products with a limited shelf life.

The Canada Green Building Council (CaGBC) is inspired by this effort and the government's investments in energy-efficient structures. Extreme weather conditions, the accessibility of high systems, and expanding construction activity all encourage system installation throughout the facilities. The need for equipment across various applications is complemented by Canada's rising construction investment. To support the decreasing energy usage trend, building owners are concentrating on updating the facilities' ventilation, air conditioning, and other systems. Governmental subsidies for energy efficiency are also anticipated to help the North American industry. Therefore, in the coming years, the regional HVAC actuators market will grow owing to the aforementioned factors.

The US market dominated the North America HVAC Actuators Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,081.4 Million by 2028. The Canada market is poised to grow at a CAGR of 6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.8% during (2022 - 2028).

Based on Type, the market is segmented into Spring Return and Non Spring Return. Based on Technology, the market is segmented into Conventional and Smart. Based on Application, the market is segmented into Industrial Facilities, Commercial Building and Public Utilities. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Continental AG, Denso Corporation, Dwyer Instruments LTD.(Arcline Investment Management), Honeywell International, Inc., Johnson Controls International PLC, Robert Bosch GmbH, Schneider Electric SE , Siemens AG, ElectroCraft, Inc. (DMI Technology Corporation), and Rotork Plc.

Scope of the Study

Market Segments covered in the Report:

By Type

  • Spring Return
  • Non Spring Return
By Technology
  • Conventional
  • Smart
By Application
  • Industrial Facilities
  • Commercial Building
  • Public Utilities
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Continental AG
  • Denso Corporation
  • Dwyer Instruments LTD.(Arcline Investment Management)
  • Honeywell International, Inc.
  • Johnson Controls International PLC
  • Robert Bosch GmbH
  • Schneider Electric SE
  • Siemens AG
  • ElectroCraft, Inc. (DMI Technology Corporation)
  • Rotork Plc
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America HVAC Actuators Market, by Type
1.4.2 North America HVAC Actuators Market, by Technology
1.4.3 North America HVAC Actuators Market, by Application
1.4.4 North America HVAC Actuators Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America HVAC Actuators Market by Type
3.1 North America Spring Return Market by Country
3.2 North America Non Spring Return Market by Country
Chapter 4. North America HVAC Actuators Market by Technology
4.1 North America Conventional Market by Country
4.2 North America Smart Market by Country
Chapter 5. North America HVAC Actuators Market by Application
5.1 North America Industrial Facilities Market by Country
5.2 North America Commercial Building Market by Country
5.3 North America Public Utilities Market by Country
Chapter 6. North America HVAC Actuators Market by Country
6.1 US HVAC Actuators Market
6.1.1 US HVAC Actuators Market by Type
6.1.2 US HVAC Actuators Market by Technology
6.1.3 US HVAC Actuators Market by Application
6.2 Canada HVAC Actuators Market
6.2.1 Canada HVAC Actuators Market by Type
6.2.2 Canada HVAC Actuators Market by Technology
6.2.3 Canada HVAC Actuators Market by Application
6.3 Mexico HVAC Actuators Market
6.3.1 Mexico HVAC Actuators Market by Type
6.3.2 Mexico HVAC Actuators Market by Technology
6.3.3 Mexico HVAC Actuators Market by Application
6.4 Rest of North America HVAC Actuators Market
6.4.1 Rest of North America HVAC Actuators Market by Type
6.4.2 Rest of North America HVAC Actuators Market by Technology
6.4.3 Rest of North America HVAC Actuators Market by Application
Chapter 7. Company Profiles
7.1 Honeywell International, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Geographical Expansions:
7.1.6 SWOT Analysis
7.2 Schneider Electric SE
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Siemens AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.3.6 SWOT Analysis
7.4 Continental AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 Robert Bosch GmbH
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 SWOT Analysis
7.6 Denso Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.7 Rotork plc
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.8 Johnson Controls International PLC
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental & Regional Analysis
7.8.4 Research & Development Expenses
7.9 Dwyer Instruments, Inc. (Arcline Investment Management LP)
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Acquisition and Mergers:
7.10. ElectroCraft, Inc. (DMI Technology Corporation)
7.10.1 Company Overview

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