Global Hvac Drive Market Is Expected To Reach $3.5 Billion By 2030- An Exclusive Market Research Report By Lucintel

By Author: Lucintel LLC
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Lucintel's latest study found that, The future of the global HVAC drive market looks promising with opportunities in the industrial, residential, and commercial sectors. The global HVAC drive market is expected to reach an estimated $3.5 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are increasing demand for this product to improve indoor air quality, growing number of smart building and smart city construction, and rising installaton of this drive in healthcare sector.
In this market, air handling unit, pump, and cooling tower are the major segments of HVAC drive market by application type.
Lucintel forecasts that air handling unit is expected to witness highest growth over the forecast period due to increasing use of HVAC drives in these systems to control and circulate air, keep blowers, heating or cooling components, filter racks functioning properly, and lengthen lifespan.
Browse in depth TOC of the HVAC drive market
100 - Figures
150-Pages
HVAC drive Market is marked by presence of several big and small players. Siemens, ABB, Danfoss, YASKAWA ...
... Electric, Regal Beloit, Fuji Electric, Eaton, WEG Industries, Schneider Electric, and Galco Industrial Electronics are the major suppliers in the HVAC drive market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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