Press release
Damper Actuators Market Projected to reach 1840 Million US$ by 2025 | Industry Crucial Players: Johnson Controls, Belimo, Siemens, Honeywell, Schneider, Harold Beck & Sons, Rotork
This study focuses on the production side and consumption side of Damper Actuators, presents the global Damper Actuators market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.In terms of production side, this report researches the Damper Actuators capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Damper Actuators by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Damper Actuators is a device that controls the opening and closing of a damper in an HVAC or heating, ventilation and air conditioning system.
First, for industry structure analysis, the Damper Actuators industry is relatively concentrated. These manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 60% of the revenue market in 2015. Regionally, USA is the biggest production area, also the leader in the whole Damper Actuators industry.
Second, the production of Damper Actuators increased from 11916 K Units in 2011 to 13871 K Units in 2015 with an average growth rate of more than 3.87%.
Third, Europe occupied 32.67% of the production market in 2015. It is followed by Chian and Japan, which respectively have around 11.33% and 8.33% of the global total industry. Geographically, USA was the largest consumption market in the world, which took about 34.57% of the global consumption volume in 2015.
Fourth, for price trend analysis, a key variable in the performance of Damper Actuators producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
Fifth, for forecast, the global Damper Actuators revenue would keep increasing with annual growth rate with 3~5%. We tend to believe that this industry still has a bright future, considering the current demand of Damper Actuators.
The Damper Actuators market was valued at 1540 Million US$ in 2017 and is projected to reach 1840 Million US$ by 2025, at a CAGR of 2.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Damper Actuators.
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This report includes the following manufacturers; we can also add the other companies as you want.
Johnson Controls
Belimo
Siemens
Honeywell
Schneider
Harold Beck & Sons
Rotork
Neptronic
Sontay
Joventa
Nenutec
Matsushima Measure Tech
Hansen Corporation
Dwyer Instruments
Azbil Corporation
Ventilation Control Products
KMC Controls
Dura Control
Kinetrol
Market Segment by Product Type
Pneumatic type
Electric type
Others
Market Segment by Application
Residential
Commercial
Public Utilities
Others
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