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HVAC Drives Market Size, Share, Development by 2024– Top Key players like ABB,Siemens,Danfoss,Inc.
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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.
USA is the largest market segment of HVAC Drives, with a revenue market share nearly 28.65% in 2018, which has great market potential in the future. The second place is Europe; following USA with the market share over 24.91% in 2018. China is another important market of HVAC Drives.
According to this study, over the next five years the HVAC Drives market will register a 5.3% CAGR in terms of revenue, the global market size will reach US$ 3390 million by 2024, from US$ 2620 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in HVAC Drives business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
ABB
Siemens
Danfoss
Schneider Electric
Emerson (Nidec)
Mitsubishi Electric
Fuji Electric
Hitachi
Yaskawa
Toshiba
WEG SA
Eaton
Market Segment by Type, covers
Below 10 KW
10~100 KW
Above 100 KW
Market Segment by Applications, can be divided into
Air Handling Units
Cooling Towers
Pumps
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Related Information:
North America HVAC Drives Market Growth 2019-2024
United States HVAC Drives Market Growth 2019-2024
Asia-Pacific HVAC Drives Market Growth 2019-2024
Europe HVAC Drives Market Growth 2019-2024
EMEA HVAC Drives Market Growth 2019-2024
Global HVAC Drives Market Growth 2019-2024
China HVAC Drives Market Growth 2019-2024
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