Global HVAC Actuators Market 2021-2025
Technavio has been monitoring the HVAC actuators market and it is poised to grow by $ 464.50 mn during 2021-2025, progressing at a CAGR of over 5% during the forecast period. Our report on the HVAC actuators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for fail-proof HVAC controls and increasing preference for centralized HVAC systems. In addition, growing demand for fail-proof HVAC controls is anticipated to boost the growth of the market as well.
The HVAC actuators market analysis includes the end-user segment and geographic landscape.
Technavio's HVAC actuators market is segmented as below:
By Geographical Landscape
- North America
- South America
This study identifies the rising investments in commercial and residential buildings as one of the prime reasons driving the HVAC actuators market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on HVAC actuators market covers the following areas:
- HVAC actuators market sizing
- HVAC actuators market forecast
- HVAC actuators market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading HVAC actuators market vendors that include Azbil Corp., BELIMO Holding AG, Dwyer Instruments Inc., ElectroCraft Inc., Honeywell International Inc., Johnson Controls International Plc, National Environmental Products Ltd., Rotork Plc, Schneider Electric SE, and Siemens AG. Also, the HVAC actuators market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.