Press release
USA HVAC Motors Market - Analysis, Outlook, Trends & Forecast 2021
USA HVAC Motors Market
HVAC (Heating, Ventilation and Air Conditioning) is the technology of controlling and monitoring indoor and vehicular environments. Sometimes, HVAC is used to characterize the added field of Refrigeration. HVAC systems are needed in office and industrial buildings to manage the costs of cooling and heating, specifically when the assembly is large and it needs different temperature zones across the building.
The USA HVAC motors market has seen a tremendous growth over the past few years and it has been estimated that the growth pattern will continue due to huge demand of HVAC motors in the application segment such as unitary, furnace, WSHP, air conditioner, heat pump, ventilator, air handler and fan powered terminal unit. To meet the current demand it was analyzed that the production of HVAC motors has been increased. The growing infrastructure and construction industry is one of the major reason for this kind of growth.
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Key Players:
The leading market players in the USA HVAC motors market primarily include Baldor, Marathon Electric Motors, Us Motors, Fasco Motors, Genteq Motors and others.
Segmentation:
As per MRFR analysis, the USA HVAC Motors Market has been segmented into:
By Types: chiller/cooling tower motors, fan and blower motors, condenser fan motors and shaft grounding motors
By Applications: unitary, furnace, WSHP, air conditioner, heat pump, ventilator, air handler and fan powered terminal unit
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Regional Analysis of HVAC Motors Market:
The USA HVAC motors market is poised to reach USD 11,193 million in 2015 from $17,257 million in 2021, with a CAGR of 7.5% during the forecasted period.
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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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