Press release
Actuator Market to Witness Robust Expansion by 2023
This report studies the HVAC Damper Actuators market; 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 HVAC Damper Actuators industry is relatively concentrated. These manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. Regionally, North America is the biggest production area, also the leader in the whole Damper Actuators industry.
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Global Actuator Market: Forecast by Type / Application / Region
Second, the production of Damper Actuators increased from 11010 K Units in 2012 to 12479 K Units in 2016 with an average growth rate of more than 3.18%.
Third, Europe occupied 33.86% of the production market in 2016. It is followed by China which have around 11.21% of the global total industry. Geographically, North America was the largest consumption market in the world, which took about 33.34% of the global consumption volume in 2016.
Over the next five years, LPI(LP Information) projects that Actuator will register a 1.3% CAGR in terms of revenue, reach US$ 1410 million by 2023, from US$ 1310 million in 2017.
Global Actuator Market: Key Players
Belimo
Johnson Controls
Siemens
Honeywell
Rotork
Schneider
Azbil Corporation
Neptronic
KMC Controls
Dura Control
Dwyer Instruments
Hansen Corporation
Kinetrol
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Related Information:
United States Actuator Market Research Report 2018
Europe Actuator Market Research Report 2018
North America Actuator Market Research Report 2018
Asia-Pacific Actuator Market Research Report 2018
China Actuator Market Research Report 2018
EMEA Actuator Market Research Report 2018
Global Actuator Market Research Report 2018
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Global Micro Actuator Market Research Report 2018
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Global Actuator Market Growth 2019-2024
This report studies the HVAC Damper Actuators market; Damper Actuators is a device that controls the opening and closing of a damper in an HVAC or heating, ventilation and air conditioning system.
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Table of Contents
1 Market Overview
1.1 Market Segment Overview
1.1.1 Product Definition
1.1.2 Market by Type
1.1.2.1 Eccentric Rotating Mass (ERM) Actuators
1.1.2.2 Linear…
