HVAC Motor Market: New Research Report Analysis, And Forecast 2019 - 2027

-

 HVAC Motor Market: Introduction

According to a new market report pertaining to the global HVAC motor market published by Transparency Market Research the global HVAC motor market is anticipated to reach volume of 10,116 thousand units by 2027. The HVAC motor market is projected to expand at a CAGR of ~4% from 2019 to 2027 in terms of sale. Growth of the HVAC motor market can be attributed to integration of smart technology into HVAC motors, which has triggered their demand globally. Over the forecast period, North America is anticipated to emerge as the leading HVAC motor market, followed by Europe and Asia Pacific.

Rising Production of Automobiles Drives HVAC Motor Market

The surge in demand for efficient machine control in the automotive industry due to extensive adoption of efficient HVAC motors is one of the important factors accelerating the demand for HVAC motors across the globe. Additionally, HVAC motors are widely used in automobiles to support HVAC systems in a vehicle, such as for defrosting the windows, regulation of internal temperature, as well as engine cooling which are main elements of automobiles.

Furthermore, growing advancement and increasing production of passenger cars across the world is fueling the demand for HVAC motors, as these motors are used in automobiles in some common applications such as air conditioning blowers and fan motors.

HVAC Motor: Market Segmentation

The global HVAC motor market has been segmented in terms of type, speed, distribution channel, industry, and region. Based on type, the HVAC motor market has been classified into permanent split capacitor (PSC) motors, split phase motors, and shaded-pole motors. Among types, the split phase motors segment dominated the global HVAC motor market in 2018. Based on speed, the HVAC motor market has been categorized into low-speed motors (less than 1,000 rpm), medium-speed motors (1,001-25,000 rpm), and high-speed motors (25,001-75,000 rpm). In terms of distribution channel, the HVAC motor market has been categorized into direct sales (OEM), and indirect sales. In terms of industry, the HVAC motor market has been classified into automotive, food & beverages, oil & gas, petrochemical, agricultural, marine, manufacturing plants, aerospace & transportation, and others (power plants and mining).

Request For Covid19 Impact Analysis Across Industries And Markets @ https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=73711

HVAC Motor Market: Regional Outlook

In terms of region, the global HVAC motor market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the HVAC motor market during the forecast period. The U.S. is estimated to hold a notable share of the market in the North America region and the market in the country is projected to expand at a CAGR of 6.5% during the forecast period, due to a rise in adoption of HVAC motors in industrial, transportation, and commercial sectors. Asia Pacific led the global HVAC motor market, accounting for a substantial share in 2019, with China, India, and Japan being the major markets in the region. The HVAC motor market in Middle East & Africa, Europe, and South America is also projected to increase moderately during the forecast period.

The report provides in-depth segment analysis of the global HVAC motor market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the HVAC motor market.

HVAC Motor Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global HVAC motor market. Key players profiled in the report include ABB, Rockwell Automation Incorporation, Nidec Corporation, Regal-Beloit Corporation, Johnson Electric Holdings Limited, Emerson Electric Corporation and W.W. Grainger, Inc.

Get More Press Release by TMR:

https://www.prnewswire.com/news-releases/affordability-and-beneficial-properties-to-serve-as-vital-growth-factors-for-construction-tape-market-during-forecast-period-of-2020-2030-tmr-301221294.html


Comments

Post a Comment

Popular posts from this blog

Oil and Gas Terminal Automation Market: To Reflect Impressive Growth Rate By 2019 - 2027

-
  Global  Oil and Gas Terminal Automation Market : Overview A sturdy growth rate, compounded annually, will be recorded in the global oil and gas terminal market, states Transparency market Research (TMR), for the period of 2019 to 2027. It will be driven forward on to a high growth trajectory at the back of a number of growth factors. Some of these are low oil prices and growing demand for natural gas across a number of varied industry verticals. Demand for oil and gas will also be pushed up by growing population for its energy and fuel needs. This in turn will require more exploration, extraction, better storage and robust distribution. And, this again would lead to demand for oil and gas terminal automation. Therefore, the market will be rife with new opportunities of growth in this period. And, as per TMR, the players would do their best to make the most of these. Global Oil and Gas Terminal Automation Market: Competitive Landscape Global oil and gas terminal automation ma...
Read more

Impact Sensing Door Unlock System Market will Generate New Growth Opportunities By 2019 - 2027

-
  Impact Sensing Door Unlock System : Introduction The impact sensing door unlock system unlocks the door automatically without a key, it can be operated through a mobile application. The impact sensing door unlock system consists of sensors and an electronic control unit, wherein the sensors receive a signal from the wireless system and transmits that signal to the electronic control unit. The electronic control unit is wired to the central lock, which in turn unlocks or locks all the doors of the vehicle. Key Drivers of Impact Sensing Door Unlock System Market Rise in demand for safety and security features in a vehicle is estimated to boost the impact sensing door unlock system market. Every vehicle manufacturer is trying to boost the integration of advanced safety features, including center locking system with impact sensing door unlock system that is activated through a mobile application. This in turn is projected to fuel the demand for the impact sensing door unlock system. ...
Read more

Architectural LED Products Market: Size, Analytical Overview, Growth Factors, Demand, Trends And Forecast To 2018 - 2026

-
  Global Architectural LED Products Market: Overview  Safety is one of the key concern in architectural spaces, which is important to recognize the need for acceptable architectural lighting. Proper architectural lighting has a vital role for people occupying the architectural space. Additionally, architectural lighting attracts the person’s attention and enables the architectures for serving its true purpose with enhanced features.  The  architectural LED products market  report involves some of the insightful predictions over the scope of the market and some prospects over growth. The new report from Transparency Market Research (TMR) on the architectural LED products market offers the thorough analysis of market segmentation and involves the past revenue and future forecasts. The report offers numerous key strategies adopted by key players coupled with some prominent trends, which are impacting on the growth. Along with this, it explains important information...
Read more