Global HVAC Drives revenue market is expected to reach 2804.06 million USD by the end of 2022
Global HVAC Drives revenue market is valued at 2249.87 million USD in 2016 and is expected to reach 2804.06 million USD by the end of 2022, growing at a CAGR of 3.74
Global HVAC Drives revenue market is valued at 2249.87 million USD in 2016 and is expected to reach 2804.06 million USD by the end of 2022, growing at a CAGR of 3.74
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<strong>Global</strong> <strong>HVAC</strong> <strong>Drives</strong> <strong>revenue</strong><br />
<strong>market</strong> <strong>is</strong> <strong>expected</strong> <strong>to</strong> <strong>reach</strong><br />
<strong>2804.06</strong> <strong>million</strong> <strong>USD</strong> <strong>by</strong> <strong>the</strong><br />
<strong>end</strong> <strong>of</strong> <strong>2022</strong><br />
QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH<br />
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• <strong>HVAC</strong> <strong>Drives</strong> used in industry including Air Handling Units,<br />
Cooling Towers and Pumps. Report data showed that 65.75% <strong>of</strong><br />
<strong>the</strong> <strong>HVAC</strong> <strong>Drives</strong> <strong>market</strong> demand in Air Handling Units in 2016.<br />
• ABB, Siemens, Danfoss <strong>Drives</strong>, Schneider Electric, Emerson<br />
(Nidec), Mitsub<strong>is</strong>hi Electric are major players in <strong>the</strong> <strong>HVAC</strong><br />
<strong>Drives</strong> in 2016. ABB dominated with 18.03% production value<br />
share. Market polarization <strong>of</strong> products <strong>is</strong> more serious.<br />
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• On <strong>the</strong> bas<strong>is</strong> <strong>of</strong> region, USA <strong>is</strong> <strong>the</strong> largest <strong>market</strong> segment <strong>of</strong> <strong>HVAC</strong><br />
<strong>Drives</strong>, with a <strong>revenue</strong> <strong>market</strong> share nearly 28.79% in 2016, which has<br />
great <strong>market</strong> potential in <strong>the</strong> future.<br />
• The <strong>market</strong> <strong>is</strong> not only influenced <strong>by</strong> <strong>the</strong> price, but also influenced <strong>by</strong><br />
<strong>the</strong> product performance. The leading companies own <strong>the</strong> advantages on<br />
better performance, more abundant product’s types, better technical<br />
and impeccable after-sales service. Consequently, <strong>the</strong>y take <strong>the</strong> majority<br />
<strong>of</strong> <strong>the</strong> <strong>market</strong> share <strong>of</strong> high-<strong>end</strong> <strong>market</strong>.<br />
• Looking <strong>to</strong> <strong>the</strong> future years, prices gap between different brands will go<br />
narrowing. Similarly, <strong>the</strong>re will be fluctuation in gross margin.<br />
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Despite <strong>the</strong> presence <strong>of</strong> competition problems, due <strong>to</strong> <strong>the</strong><br />
global recovery tr<strong>end</strong> <strong>is</strong> slightly and positive attitude <strong>of</strong> <strong>the</strong><br />
government , inves<strong>to</strong>r are still optim<strong>is</strong>tic about th<strong>is</strong> area; <strong>the</strong><br />
future will still have more new investment enter <strong>the</strong> field.<br />
Click <strong>to</strong> view <strong>the</strong> full report:<br />
https://www.qyresearch.com/index/detail/250592/globalhvac-drives-sales-<strong>market</strong><br />
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