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HVAC Drive Solutions Market, Global Outlook and Forecast 2022-2028

March 2022 | 60 pages | ID: H5DF1708EFF1EN
Market Monitor Global

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This report studies the HVAC Drives market, 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.

Ventilating or ventilation (the V in HVAC) is the process of exchanging or replacing air in any space to provide high indoor air quality which involves temperature control, oxygen replenishment, and removal of moisture, odors, smoke, heat, dust, airborne bacteria, carbon dioxide, and other gases. Ventilation removes unpleasant smells and excessive moisture, introduces outside air, keeps interior building air circulating, and prevents stagnation of the interior air.

This report contains market size and forecasts of HVAC Drive Solutions in Global, including the following market information:

Global HVAC Drive Solutions Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global HVAC Drive Solutions market was valued at 3182.6 million in 2021 and is projected to reach US$ 4330.5 million by 2028, at a CAGR of 4.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Below 10 KW Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of HVAC Drive Solutions include ABB, Siemens, Danfoss, Schneider Electric, Emerson (Nidec), Mitsubishi Electric, Fuji Electric, Hitachi and Yaskawa, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the HVAC Drive Solutions companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global HVAC Drive Solutions Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global HVAC Drive Solutions Market Segment Percentages, by Type, 2021 (%)
  • Below 10 KW
  • 10~100 KW
  • Above 100 KW
Global HVAC Drive Solutions Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global HVAC Drive Solutions Market Segment Percentages, by Application, 2021 (%)
  • Air Handling Units
  • Cooling Towers
  • Pumps
Global HVAC Drive Solutions Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global HVAC Drive Solutions Market Segment Percentages, By Region and Country, 2021 (%)
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia
    • Nordic Countries
    • Benelux
    • Rest of Europe
  • Asia
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Rest of Asia
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Turkey
    • Israel
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies HVAC Drive Solutions revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies HVAC Drive Solutions revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
  • ABB
  • Siemens
  • Danfoss
  • Schneider Electric
  • Emerson (Nidec)
  • Mitsubishi Electric
  • Fuji Electric
  • Hitachi
  • Yaskawa
  • Toshiba
  • WEG SA
  • Eaton
1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 HVAC Drive Solutions Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global HVAC Drive Solutions Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL HVAC DRIVE SOLUTIONS OVERALL MARKET SIZE

2.1 Global HVAC Drive Solutions Market Size: 2021 VS 2028
2.2 Global HVAC Drive Solutions Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top HVAC Drive Solutions Players in Global Market
3.2 Top Global HVAC Drive Solutions Companies Ranked by Revenue
3.3 Global HVAC Drive Solutions Revenue by Companies
3.4 Top 3 and Top 5 HVAC Drive Solutions Companies in Global Market, by Revenue in 2021
3.5 Global Companies HVAC Drive Solutions Product Type
3.6 Tier 1, Tier 2 and Tier 3 HVAC Drive Solutions Players in Global Market
  3.6.1 List of Global Tier 1 HVAC Drive Solutions Companies
  3.6.2 List of Global Tier 2 and Tier 3 HVAC Drive Solutions Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global HVAC Drive Solutions Market Size Markets, 2021 & 2028
  4.1.2 Below 10 KW
  4.1.3 10~100 KW
  4.1.4 Above 100 KW
4.2 By Type - Global HVAC Drive Solutions Revenue & Forecasts
  4.2.1 By Type - Global HVAC Drive Solutions Revenue, 2017-2022
  4.2.2 By Type - Global HVAC Drive Solutions Revenue, 2023-2028
  4.2.3 By Type - Global HVAC Drive Solutions Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global HVAC Drive Solutions Market Size, 2021 & 2028
  5.1.2 Air Handling Units
  5.1.3 Cooling Towers
  5.1.4 Pumps
5.2 By Application - Global HVAC Drive Solutions Revenue & Forecasts
  5.2.1 By Application - Global HVAC Drive Solutions Revenue, 2017-2022
  5.2.2 By Application - Global HVAC Drive Solutions Revenue, 2023-2028
  5.2.3 By Application - Global HVAC Drive Solutions Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global HVAC Drive Solutions Market Size, 2021 & 2028
6.2 By Region - Global HVAC Drive Solutions Revenue & Forecasts
  6.2.1 By Region - Global HVAC Drive Solutions Revenue, 2017-2022
  6.2.2 By Region - Global HVAC Drive Solutions Revenue, 2023-2028
  6.2.3 By Region - Global HVAC Drive Solutions Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America HVAC Drive Solutions Revenue, 2017-2028
  6.3.2 US HVAC Drive Solutions Market Size, 2017-2028
  6.3.3 Canada HVAC Drive Solutions Market Size, 2017-2028
  6.3.4 Mexico HVAC Drive Solutions Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe HVAC Drive Solutions Revenue, 2017-2028
  6.4.2 Germany HVAC Drive Solutions Market Size, 2017-2028
  6.4.3 France HVAC Drive Solutions Market Size, 2017-2028
  6.4.4 U.K. HVAC Drive Solutions Market Size, 2017-2028
  6.4.5 Italy HVAC Drive Solutions Market Size, 2017-2028
  6.4.6 Russia HVAC Drive Solutions Market Size, 2017-2028
  6.4.7 Nordic Countries HVAC Drive Solutions Market Size, 2017-2028
  6.4.8 Benelux HVAC Drive Solutions Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia HVAC Drive Solutions Revenue, 2017-2028
  6.5.2 China HVAC Drive Solutions Market Size, 2017-2028
  6.5.3 Japan HVAC Drive Solutions Market Size, 2017-2028
  6.5.4 South Korea HVAC Drive Solutions Market Size, 2017-2028
  6.5.5 Southeast Asia HVAC Drive Solutions Market Size, 2017-2028
  6.5.6 India HVAC Drive Solutions Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America HVAC Drive Solutions Revenue, 2017-2028
  6.6.2 Brazil HVAC Drive Solutions Market Size, 2017-2028
  6.6.3 Argentina HVAC Drive Solutions Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa HVAC Drive Solutions Revenue, 2017-2028
  6.7.2 Turkey HVAC Drive Solutions Market Size, 2017-2028
  6.7.3 Israel HVAC Drive Solutions Market Size, 2017-2028
  6.7.4 Saudi Arabia HVAC Drive Solutions Market Size, 2017-2028
  6.7.5 UAE HVAC Drive Solutions Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 ABB
  7.1.1 ABB Corporate Summary
  7.1.2 ABB Business Overview
  7.1.3 ABB HVAC Drive Solutions Major Product Offerings
  7.1.4 ABB HVAC Drive Solutions Revenue in Global Market (2017-2022)
  7.1.5 ABB Key News
7.2 Siemens
  7.2.1 Siemens Corporate Summary
  7.2.2 Siemens Business Overview
  7.2.3 Siemens HVAC Drive Solutions Major Product Offerings
  7.2.4 Siemens HVAC Drive Solutions Revenue in Global Market (2017-2022)
  7.2.5 Siemens Key News
7.3 Danfoss
  7.3.1 Danfoss Corporate Summary
  7.3.2 Danfoss Business Overview
  7.3.3 Danfoss HVAC Drive Solutions Major Product Offerings
  7.3.4 Danfoss HVAC Drive Solutions Revenue in Global Market (2017-2022)
  7.3.5 Danfoss Key News
7.4 Schneider Electric
  7.4.1 Schneider Electric Corporate Summary
  7.4.2 Schneider Electric Business Overview
  7.4.3 Schneider Electric HVAC Drive Solutions Major Product Offerings
  7.4.4 Schneider Electric HVAC Drive Solutions Revenue in Global Market (2017-2022)
  7.4.5 Schneider Electric Key News
7.5 Emerson (Nidec)
  7.5.1 Emerson (Nidec) Corporate Summary
  7.5.2 Emerson (Nidec) Business Overview
  7.5.3 Emerson (Nidec) HVAC Drive Solutions Major Product Offerings
  7.5.4 Emerson (Nidec) HVAC Drive Solutions Revenue in Global Market (2017-2022)
  7.5.5 Emerson (Nidec) Key News
7.6 Mitsubishi Electric
  7.6.1 Mitsubishi Electric Corporate Summary
  7.6.2 Mitsubishi Electric Business Overview
  7.6.3 Mitsubishi Electric HVAC Drive Solutions Major Product Offerings
  7.6.4 Mitsubishi Electric HVAC Drive Solutions Revenue in Global Market (2017-2022)
  7.6.5 Mitsubishi Electric Key News
7.7 Fuji Electric
  7.7.1 Fuji Electric Corporate Summary
  7.7.2 Fuji Electric Business Overview
  7.7.3 Fuji Electric HVAC Drive Solutions Major Product Offerings
  7.7.4 Fuji Electric HVAC Drive Solutions Revenue in Global Market (2017-2022)
  7.7.5 Fuji Electric Key News
7.8 Hitachi
  7.8.1 Hitachi Corporate Summary
  7.8.2 Hitachi Business Overview
  7.8.3 Hitachi HVAC Drive Solutions Major Product Offerings
  7.8.4 Hitachi HVAC Drive Solutions Revenue in Global Market (2017-2022)
  7.8.5 Hitachi Key News
7.9 Yaskawa
  7.9.1 Yaskawa Corporate Summary
  7.9.2 Yaskawa Business Overview
  7.9.3 Yaskawa HVAC Drive Solutions Major Product Offerings
  7.9.4 Yaskawa HVAC Drive Solutions Revenue in Global Market (2017-2022)
  7.9.5 Yaskawa Key News
7.10 Toshiba
  7.10.1 Toshiba Corporate Summary
  7.10.2 Toshiba Business Overview
  7.10.3 Toshiba HVAC Drive Solutions Major Product Offerings
  7.10.4 Toshiba HVAC Drive Solutions Revenue in Global Market (2017-2022)
  7.10.5 Toshiba Key News
7.11 WEG SA
  7.11.1 WEG SA Corporate Summary
  7.11.2 WEG SA Business Overview
  7.11.3 WEG SA HVAC Drive Solutions Major Product Offerings
  7.11.4 WEG SA HVAC Drive Solutions Revenue in Global Market (2017-2022)
  7.11.5 WEG SA Key News
7.12 Eaton
  7.12.1 Eaton Corporate Summary
  7.12.2 Eaton Business Overview
  7.12.3 Eaton HVAC Drive Solutions Major Product Offerings
  7.12.4 Eaton HVAC Drive Solutions Revenue in Global Market (2017-2022)
  7.12.5 Eaton Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

LIST OF TABLES

Table 1. HVAC Drive Solutions Market Opportunities & Trends in Global Market
Table 2. HVAC Drive Solutions Market Drivers in Global Market
Table 3. HVAC Drive Solutions Market Restraints in Global Market
Table 4. Key Players of HVAC Drive Solutions in Global Market
Table 5. Top HVAC Drive Solutions Players in Global Market, Ranking by Revenue (2021)
Table 6. Global HVAC Drive Solutions Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global HVAC Drive Solutions Revenue Share by Companies, 2017-2022
Table 8. Global Companies HVAC Drive Solutions Product Type
Table 9. List of Global Tier 1 HVAC Drive Solutions Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 HVAC Drive Solutions Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global HVAC Drive Solutions Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - HVAC Drive Solutions Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - HVAC Drive Solutions Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global HVAC Drive Solutions Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - HVAC Drive Solutions Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - HVAC Drive Solutions Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global HVAC Drive Solutions Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global HVAC Drive Solutions Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global HVAC Drive Solutions Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America HVAC Drive Solutions Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America HVAC Drive Solutions Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe HVAC Drive Solutions Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe HVAC Drive Solutions Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia HVAC Drive Solutions Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia HVAC Drive Solutions Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America HVAC Drive Solutions Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America HVAC Drive Solutions Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa HVAC Drive Solutions Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa HVAC Drive Solutions Revenue, (US$, Mn), 2023-2028
Table 30. ABB Corporate Summary
Table 31. ABB HVAC Drive Solutions Product Offerings
Table 32. ABB HVAC Drive Solutions Revenue (US$, Mn), (2017-2022)
Table 33. Siemens Corporate Summary
Table 34. Siemens HVAC Drive Solutions Product Offerings
Table 35. Siemens HVAC Drive Solutions Revenue (US$, Mn), (2017-2022)
Table 36. Danfoss Corporate Summary
Table 37. Danfoss HVAC Drive Solutions Product Offerings
Table 38. Danfoss HVAC Drive Solutions Revenue (US$, Mn), (2017-2022)
Table 39. Schneider Electric Corporate Summary
Table 40. Schneider Electric HVAC Drive Solutions Product Offerings
Table 41. Schneider Electric HVAC Drive Solutions Revenue (US$, Mn), (2017-2022)
Table 42. Emerson (Nidec) Corporate Summary
Table 43. Emerson (Nidec) HVAC Drive Solutions Product Offerings
Table 44. Emerson (Nidec) HVAC Drive Solutions Revenue (US$, Mn), (2017-2022)
Table 45. Mitsubishi Electric Corporate Summary
Table 46. Mitsubishi Electric HVAC Drive Solutions Product Offerings
Table 47. Mitsubishi Electric HVAC Drive Solutions Revenue (US$, Mn), (2017-2022)
Table 48. Fuji Electric Corporate Summary
Table 49. Fuji Electric HVAC Drive Solutions Product Offerings
Table 50. Fuji Electric HVAC Drive Solutions Revenue (US$, Mn), (2017-2022)
Table 51. Hitachi Corporate Summary
Table 52. Hitachi HVAC Drive Solutions Product Offerings
Table 53. Hitachi HVAC Drive Solutions Revenue (US$, Mn), (2017-2022)
Table 54. Yaskawa Corporate Summary
Table 55. Yaskawa HVAC Drive Solutions Product Offerings
Table 56. Yaskawa HVAC Drive Solutions Revenue (US$, Mn), (2017-2022)
Table 57. Toshiba Corporate Summary
Table 58. Toshiba HVAC Drive Solutions Product Offerings
Table 59. Toshiba HVAC Drive Solutions Revenue (US$, Mn), (2017-2022)
Table 60. WEG SA Corporate Summary
Table 61. WEG SA HVAC Drive Solutions Product Offerings
Table 62. WEG SA HVAC Drive Solutions Revenue (US$, Mn), (2017-2022)
Table 63. Eaton Corporate Summary
Table 64. Eaton HVAC Drive Solutions Product Offerings
Table 65. Eaton HVAC Drive Solutions Revenue (US$, Mn), (2017-2022)

LIST OF FIGURES

Figure 1. HVAC Drive Solutions Segment by Type in 2021
Figure 2. HVAC Drive Solutions Segment by Application in 2021
Figure 3. Global HVAC Drive Solutions Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global HVAC Drive Solutions Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global HVAC Drive Solutions Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by HVAC Drive Solutions Revenue in 2021
Figure 8. By Type - Global HVAC Drive Solutions Revenue Market Share, 2017-2028
Figure 9. By Application - Global HVAC Drive Solutions Revenue Market Share, 2017-2028
Figure 10. By Region - Global HVAC Drive Solutions Revenue Market Share, 2017-2028
Figure 11. By Country - North America HVAC Drive Solutions Revenue Market Share, 2017-2028
Figure 12. US HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 13. Canada HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe HVAC Drive Solutions Revenue Market Share, 2017-2028
Figure 16. Germany HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 17. France HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 19. Italy HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 20. Russia HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia HVAC Drive Solutions Revenue Market Share, 2017-2028
Figure 24. China HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 25. Japan HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 28. India HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America HVAC Drive Solutions Revenue Market Share, 2017-2028
Figure 30. Brazil HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa HVAC Drive Solutions Revenue Market Share, 2017-2028
Figure 33. Turkey HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 34. Israel HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 36. UAE HVAC Drive Solutions Revenue, (US$, Mn), 2017-2028
Figure 37. ABB HVAC Drive Solutions Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Siemens HVAC Drive Solutions Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Danfoss HVAC Drive Solutions Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Schneider Electric HVAC Drive Solutions Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Emerson (Nidec) HVAC Drive Solutions Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Mitsubishi Electric HVAC Drive Solutions Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Fuji Electric HVAC Drive Solutions Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Hitachi HVAC Drive Solutions Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Yaskawa HVAC Drive Solutions Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Toshiba HVAC Drive Solutions Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. WEG SA HVAC Drive Solutions Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. Eaton HVAC Drive Solutions Revenue Year Over Year Growth (US$, Mn) & (2017-2022)



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