Published Mon, Mar 25th 2019
Scope of the Report:
First, for industry structure analysis, the HVAC Damper Actuators industry is relatively concentrated. These manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. Regionally, benefit from advanced industrial systems and improved infrastructure, Europe has been the biggest consumption area for years.
Second, the sales of HVAC Damper Actuators increased from 11.78 M Units in 2014 to 13.14 M Units in 2018 with an average growth rate of more than 2.76%.
Third, Europe occupied 33.27% of the consumption valume market in 2018. It is followed by North America which have around 31.29% of the global total industry. Though sales in China was about 14.78% in 2018, the CAGR was 3.67% (2014-2018).
The worldwide market for HVAC Damper Actuator is expected to grow at a CAGR of roughly 2.5% over the next five years, will reach 1510 million US$ in 2024, from 1330 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the HVAC Damper Actuator in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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