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HVAC Actuators In-Depth Profiling With Key Players and Recent Developments, Forecast Period: 2021-2031
Hvac Actuators Market Research, 2031
The global hvac actuators market size was valued at $3.9 billion in 2021, and is projected to reach $6.2 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031.The dampers are managed by actuators in HVAC chillers. The actuator positions the damper anywhere between fully open and fully closed by using a low-voltage signal. Zone dampers are a crucial component of an HVAC system, and without suitable actuators, the dampers won’t operate at all.
Increase in commercial construction activities has led to a surge in demand for heating and cooling equipment in various industries, which is anticipated to boost the demand for HVAC actuators. For instance, the commercial construction industry in India is expected to witness growth by nearly 4.0% from 2016 to 2022. All such instances are anticipated to contribute toward the growth of the HVAC actuators market. Moreover, rise in population and per capita income is creating demand for appliances such as heaters and air conditioners is driving the demand for HVAC actuators for such equipment. In addition, urban population is growing rapidly. As per the estimates and forecasts of the WHO, the global urban population is expected to grow by approximately 1.84% every year until 2020, which is at the rate of around 1.63% per annum from 2020 to 2025, and around 1.44% per annum from 2025 to 2030.
The HVAC actuators market is segmented on the basis of type, technology, application, and region. By type, the market is divided into spring return HVAC actuator, and non-spring return HVAC actuator. By technology, the market is divided into smart and conventional. By application, the market is segmented into commercial building, industrial facilities, and public utilities.
Region-wise, the HVAC actuators market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
COMPETITION ANALYSIS
The major players profiled in the HVAC actuators market include Continental AG, Denso Corporation, Dwyer Instruments Inc, Electro Craft Inc., Honeywell International Inc., Johnson Controls International plc., Robert Bosch GmbH, Rotork Plc., Schneider Electric SE, Siemens AG.
Major companies in the market have adopted product launch, acquisition and partnership as their key developmental strategies to offer better products and services to customers in the HVAC actuators market.
Some examples of acquisition and partnership in the market
In December 2021, Dwyer Instruments portfolio company of Arcline Investment Management has acquired the Universal Flow Monitors, Inc. a leader in the design, development, and manufacture of flow meters and controls in industrial applications. by means of this acquisition expand the portfolio of HVAC system.
In April 2021, Arkamys and Continental has colloborated to develop automotive audio solutions where Continental sound actuators were installed in a demonstration vehicle originally equipped with conventional commodity speakers. Arkamys combined its sound enhancement software with various loudspeaker and actuator configurations. The demo car features various sound reproduction systems, and manufacturer-friendly perks, like scalability, space and weight savings, reduced components, and concealed integration.
In July 2021, Audax Private Equity has collobrated to Partners Group to sell Reedy Industries, commercial heating, ventilation, and air conditioning (HVAC).
Full Report With TOC:-https://www.alliedmarketresearch.com/hvac-actuators-market-A09693
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Growth in Demand for Industrial Facilities Anticipated Driving Global HVAC Damper Actuators Market: Ken Research Buy Now HVAC or heating, ventilation, and air conditioning damper is a movable plate, located in the ductwork, which regulates airflow, temperature, and humidity throughout buildings and homes.
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Smart Office Market Perspective by Comprehensive Analysis, Growth Prediction to 2023
Market Highlights
Smart Office Market is expected to grow from USD 23.60 billion in 2017 to USD 46.99 billion by 2023, at a compound annual growth rate (CAGR) of 12.16% during the forecast period.
Smart office refers to high-tech offices that leverage advanced technology to make the physical work environment intelligent and automate routine tasks. By incorporating Internet of things, machine learning, interconnectivity & control systems, and other technologies, companies can reduce their energy consumption, improve employee morale, and increase the efficiency of business operations. Deployment of smart office system in the organization can also enable better connectivity among various infrastructure systems, improves employees’ productivity, and streamlines business processes.
According to MRFR analysis, by 2019, artificial intelligence would drive voice-enabled virtual assistant in enterprises, thereby automating everyday task and speeding up work processes. The growing adoption of web real-time communication (WebRTC) allows real-time conferencing and communication through the browser with high-quality video and audio streaming. This provides greater flexibility in scheduling video conferences. Certain government regulations including occupational safety and health administration (OSHA) and American National Standards Institute (ANSI) support worker safety and are encouraging organizations to adopt smart office systems, which is acting as a major driving factor for smart office market.
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Major Key players
· Siemens AG (Germany)
· Schneider Electric SA (France)
· Johnson Controls International PLC (US)
· Honeywell International Inc. (US)
· ABB Ltd. (Switzerland)
· Cisco Systems, Inc. (US)
· United Technologies Corporation (US)
· Lutron Electronics Co. Inc. (US)
· Crestron Electronics, Inc. (US)
· Philips Lighting Holding B.V (Netherlands)
Segmentation:
The Smart Office Market is segmented on the basis of component, office type, and region.
Based on the component, the market is segmented into hardware, software, and service. The hardware segment is further segmented into smart lighting, security systems, energy management system, smart HVAC system and audio–video conferencing systems. The smart lighting segment is further segmented into smart bulbs, fixtures, and lighting controls. Lighting controls segment is further segmented into led drivers and ballasts, switches, relay units, and gateways. Security systems segment is further segmented into access controls, surveillance cameras/video surveillance and fire & safety controls. Access control segment is further segmented into biometric systems/biometric readers, card-based systems/card-based readers and electronic locks. Energy management systems segment includes in-house displays, smart thermostats, load control switches, and smart plugs.
Smart HVAC control system is further segmented into sensors, control valves, heating & cooling coils, dampers, actuators, pumps & fans, smart vents VAV & FCU controllers. Sensors segment is further segmented into temperature sensors, humidity sensors, occupancy sensors, pressure sensors, flow sensors and others. Audio–video conferencing systems segment is segmented into audio, volume, & multi-media room controls, video conferencing systems, and touch screens & keypads. The services segment is further segmented into advisory & consulting services, installation & support services and managed services.
On the basis of office type, the market is bifurcated into retrofit offices and new construction offices.
By region, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Regional Analysis:
The global market for smart office is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of smart office market is done for North America, Europe, Asia-Pacific, and the rest of the world.
Asia-Pacific is expected to be the fastest growing region owing to growing industrialization and urbanization in countries such as India, Japan, and China. Furthermore, improved standard of living in countries like India is encouraging offices to renovate and modernize the traditional infrastructure. Moreover, most of the organizations in this region are focusing on implementing IoT in their workplaces. North America is dominating the market as most of the companies in countries like the US have invested heavily in establishing a connected work environment, to maintain seamless flow of operations. Additionally, increasing penetration of the Internet and wireless networks is fueling the growth of this market.
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Intended Audience
System Design & Development Vendors
System Integrators/Migration Service Providers
Consultants/Consultancies/Advisory Firms
Support & Maintenance Service Providers
Network Service Providers
Smart Building Product & Solution Provider Companies
Academic and Research Institutes
Government Associations
Technology standards organizations, forums, alliances, and associations
Universities and research organizations
Government bodies
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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HVAC Damper Actuators Market Size, Share | Global Report
The Global HVAC Damper Actuators Market report presents insightful data for clients improving their simple management skills identifying with the global market along with market dynamics, segmentation, competition and local growth. The report describes the market size, market characteristics and market growth for the HVAC Damper Actuators industry categorized by type, application and consumption sector.
It provides a comprehensive analysis of the aspects related to the pre and post covid market development 19 pandemic.
Prominent Players Covered in the Global HVAC Damper Actuators Market Are:
Belimo
Johnson Controls
Siemens
Honeywell
Rotork
Schneider
Azbil Corporation
Neptronic
KMC Controls
Dura Control
Dwyer Instruments
Hansen Corporation
Kinetrol
HVAC Damper Actuators Market -Regional Analysis:
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of the HVAC Damper Actuators market in these regions, down to the forecast coverage.
North America (United States, Canada, and Mexico)
Europe (Germany, United Kingdom, France, Italy, Russia, and Turkey, etc.)
Asia Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Colombia, etc.)
Some of the key questions answered in this report:
What is global? Sales Value, Production Value, Consumption Value, Import and Export of the HVAC Damper Actuators Market?
What application/end user or product type can look for incremental growth prospects?
What are the different sales, Marketing and sales channels in the global industry?
What are the key market trends influencing the growth of the HVAC Damper Actuators market?
Economic impact on the HVAC Damper Actuators market industry and trend development of the HVAC Damper Actuators market industry.
What are the market opportunities, market risk and market overview of the HVAC Damper Actuators market?
What are the key drivers, restraints, opportunities and challenges of the HVAC Damper Actuators market and how are they expected to be affect the market?
How big is the market for HVAC Damper Actuators at regional and country level?
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Smart Office Market - Global Industry Analysis
The report covers a forecast and an analysis of the smart office market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints of the smart office market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the smart office market on a global level.
This report offers a comprehensive market analysis along with market trends, drivers, and restraints of the smart office market. This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces Model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
Read Full Report Here @ https://www.zionmarketresearch.com/report/smart-office-market
The smart office market is segmented on the basis of product, building, component, end-user, and region. The product segment includes energy management system, smart HVAC control system, smart lighting, security, and access control system, audio-video conferencing system, fire, and safety control system, actuators, dampers, smart vents, pumps and fans, and VAV and FCU controllers. The component segment includes hardware, software, and service. The building segment includes retrofit and new building. IT and telecom, BFSI, healthcare, education, and others comprise the end-user segment of this market. By geography, the market is segmented into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. Each region has been further segmented into countries, such as the U.S., Canada, Mexico, UK, France, Germany, China, India, Japan, South Korea, Brazil, Argentina, and GCC countries.
The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global smart office market, such as Honeywell International, Inc., ABB Ltd., Cisco Systems, Johnson Controls International PLC, Crestron Electronics, Inc., Siemens AG, Lutron Electronics Co., Inc., and United Technologies Corporation.
#Smart Office Market#Smart Office Market trend#smart office market share#smart office market forecast
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Smart Home and Office Market Size, Emerging Technologies, Market Segments, Landscape and Demand by Forecast to 2027 | Impact of COVID-19
Smart Home and Office Market -Overview
The need to have internet-connected devices for controlling and automating is driving the smart home and office market 2020. The SEM industry reports are produced by Market Research Future, which highlights market options for expansion. A 14.01% CAGR is predicted to raise the market worth to USD 92.18 Billion by 2025.
The demand for superior automated systems for a variety of purposes, such as temperature control and lighting, is expected to transform the Smart Home And Office Market in the forecast period.
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Competitive Analysis
The investment in robotic elements in the supply chain is estimated to be seen in the future to reduce the impact of the human capital on the long term market development. The state of the market is very indecisive due to the effect of the macro factors in service in the global economy. The road to the resurgence of the market is estimated to be extensive and arduous due to the degree of the setbacks it has suffered. The institution of healthy distribution channels is estimated to define the expansion of the market in the future. The prospects for growth in the market have to be carefully sought out and examined to ensure that they will ensure the favorable development of the market in the coming period. The competitors in attendance in the market are recalibrating their market share to open up new areas of development in the market. The stress on enhancing the manufacturing potential and upgradation of the workforce are the top priorities to reinvigorate the development potential of the market in the coming period.
The important contenders in the Smart Home and Office Market Size are Siemens AG(Germany), Hager Group (Germany), Robert Bosch GmbH (Germany), MDT Technologies GmbH (Germany), Samsung Electronics Co. Ltd. (South Korea), Legrand SA (France), ADT (US), ABB Group(South Korea), Assa Abloy Group (Sweden), Eaton Corporation PLC (Ireland), Ingersoll-Rand PLC (Ireland), Crestron Electronics, Inc. (US), Sony Corporation (Japan), Lutron Electronics Co., Inc. (US), Johnson Controls International PLC (Ireland), United Technologies Corporation (US), Gira Giersiepen GmbH & Co. KG (Germany), Schneider Electric SE (France), and Honeywell International Inc. (US),
Segmental Analysis
The segmental scrutiny of the smart home and office market is segmented into product, standard, application, and region. Based on the product, the smart home, and office market is segmented into lighting controls which are further segmented into switches, relays, dimmers, sensors, and others, access controls which are further segmented into smart card readers, smart locks, biometric readers, and others, surveillance products which is further segmented into storage & monitoring devices, security cameras, and others, HVAC controls which is further segmented into sensors, control valves, smart thermostat, smart vents, actuators, dampers, and other products which include smart meters, smart smoke detectors, and others. Based on the standard, the smart home and office market is segmented into BacNet, KNX, Z-Wave, EnOcean, Zigbee, DALI, Wi-Fi, and Infrared. The application-based segmentation of the smart home and office market consists of a smart home, which includes renovations & new construction, smart office, which includes renovations & new construction. Based on the region, the smart home and office market is segmented into Africa, North America, the Middle East, Asia-Pacific, Europe, and South America.
Detailed Regional Analysis
The regional review of the smart home and office market includes regions such as Africa, North America, the Middle East, Asia-Pacific, Europe, and South America. The North American regional market is projected to direct the smart home and office market for the duration of the forecast period. The mounting number of government initiatives to maintain smart lighting systems offices & residencies for hastening the increase of the smart home and office market in the region is estimated to benefit the market in the long term.
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HVAC Damper Actuators Market Size, Share With Top Companies, Region Forecast 2021-2027
HVAC Damper Actuators Market 2020-2026
A New Market Study, Titled “HVAC Damper Actuators Market Upcoming Trends, Growth Drivers and Challenges” has been featured on fusionmarketresearch.
Description
This global study of the HVAC Damper Actuators market offers an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the market. There is also to the study approach a detailed segmental review. A regional study of the global HVAC Damper Actuators industry is also carried out in North America, Latin America, Asia-Pacific, Europe, and the Near East & Africa. The report mentions growth parameters in the regional markets along with major players dominating the regional growth.
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Damper Actuators is a device that controls the opening and closing of a damper in an HVAC or heating, ventilation and air conditioning system.
The report offers detailed coverage of HVAC Damper Actuators industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading HVAC Damper Actuators by geography. The report splits the market size, by volume and value, on the basis of application type and geography
First, this report covers the present status and the future prospects of the global HVAC Damper Actuators market for 2015-2024. And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru]. At the same time, we classify HVAC Damper Actuators according to the type, application by geography. More importantly, the report includes major countries market based on the type and application. Finally, the report provides detailed profile and data information analysis of leading HVAC Damper Actuators company.
Key Companies Belimo Johnson Controls Siemens Honeywell Rotork Schneider Azbil Corporation Neptronic KMC Controls Dura Control Dwyer Instruments Hansen Corporation Kinetrol
Market Segment as follows: By Region Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia] Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America[United States, Canada, Mexico] Middle East & Africa[GCC, North Africa, South Africa] South America[Brazil, Argentina, Columbia, Chile, Peru]
Market by Type Spring Return Damper Actuators Non-Spring Return Damper Actuators
Market by Application Commercial Building Industrial Facilities Public Utilities Others
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Table of Contents
Part 1 Market Overview 1.1 Market Definition 1.2 Market Development 1.2.1 Current Situation 1.2.2 Aspects of COVID-19 Impact 1.3 By Type Table Type of HVAC Damper Actuators Figure Global HVAC Damper Actuators Market Share by Type in 2019 1.4 By Application Table Application of HVAC Damper Actuators Figure Global HVAC Damper Actuators Market Share by Application in 2019 1.5 By Region Figure Global HVAC Damper Actuators Market Share by Region in 2019 Figure Asia HVAC Damper Actuators Market Share by Region in 2019
Part 2 Key Companies 2.1 Belimo 2.1.1 Company Profile Table Belimo Overview List 2.1.2 Products & Services Overview 2.1.3 Sales Data List Table HVAC Damper Actuators Business Operation of Belimo (Sales Revenue, Sales Volume, Price, Cost, Gross Margin) 2.2 Johnson Controls 2.3 Siemens 2.4 Honeywell 2.5 Rotork 2.6 Schneider 2.7 Azbil Corporation 2.8 Neptronic 2.9 KMC Controls 2.10 Dura Control 2.11 Dwyer Instruments 2.12 Hansen Corporation 2.13 Kinetrol
Part 3 Global Market Status and Future Forecast 3.1 Global Market by Region Table Global HVAC Damper Actuators Market by Region, 2015-2019 (Million USD) Figure Global HVAC Damper Actuators Market Share by Region in 2019 (Million USD) Table Global HVAC Damper Actuators Market by Region, 2015-2019 (Volume) Figure Global HVAC Damper Actuators Market Share by Region in 2019 (Volume) Table Price List by Region, 2015-2019 3.2 Global Market by Company Table Global HVAC Damper Actuators Market by Company, 2015-2019 (Million USD) Figure Global HVAC Damper Actuators Market Share by Company in 2019 (Million USD) Table Global HVAC Damper Actuators Market by Company, 2015-2019 (Volume) Figure Global HVAC Damper Actuators Market Share by Company in 2019 (Volume) Table Price List by Company, 2015-2019 3.3 Global Market by Type Table Global HVAC Damper Actuators Market by Type, 2015-2019 (Million USD) Figure Global HVAC Damper Actuators Market Share by Type in 2019 (Million USD) Table Global HVAC Damper Actuators Market by Type, 2015-2019 (Volume) Figure Global HVAC Damper Actuators Market Share by Type in 2019 (Volume) Table Price List by Type, 2015-2019 3.4 Global Market by Application Table Global HVAC Damper Actuators Market by Application, 2015-2019 (Million USD) Figure Global HVAC Damper Actuators Market Share by Application in 2019 (Million USD) Table Global HVAC Damper Actuators Market by Application, 2015-2019 (Volume) Figure Global HVAC Damper Actuators Market Share by Application in 2019 (Volume) Table Price List by Application, 2015-2019 3.5 Global Market by Forecast Figure Global HVAC Damper Actuators Market Forecast, 2020-2025 (Million USD) Figure Global HVAC Damper Actuators Market Forecast, 2020-2025 (Volume)
….
Part 9 Market Features 9.1 Product Features 9.2 Price Features 9.3 Channel Features 9.4 Purchasing Features Part 10 Investment Opportunity 10.1 Regional Investment Opportunity 10.2 Industry Investment Opportunity
PART 11 Coronavirus Impact 11.1 Impact on Industry Upstream 11.2 Impact on Industry Downstream 11.3 Impact on Industry Channels 11.4 Impact on Industry Competition 11.5 Impact on Industry Obtain Employment Part 12 Conclusion
Continue…
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Home Automation System Market Research Report
Global Home Automation System Market
The GMI Research forecasts that the Home Automation System Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the rise in awareness concerned with efficient energy usage.
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Introduction of the Home Automation System Market
Home automation systems are the modernizations to the mechanization processes wherein human efforts with the machinery equipment are required to operate various loads in homes. It involves automatic control of home appliances using different technologies and controllers over desktops, laptops, smartphones, or tablets.
Key Players of the Global Home Automation System Market:
· Honeywell International, Inc.
· Control4 Corporation
· Legrand S.A.
· Crestron Electronics Inc.
· Johnson Controls, Inc.
· Lutron Electronics, Inc.
· Siemens AG
· Ingersoll-Rand Plc
· Schneider Electric SE
· ABB Group
Home Automation System Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
The home automation system is expected to observe a significant demand in the coming years. The growth in the market is mainly attributed to the increase n electricity prices persuading the consumers to choose these systems to conserve energy along with the various strategic initiatives by the government in emerging economies to stimulate efficient usage and power management. For example, China's five-year plan targets energy efficiency projects, and the European 2020 initiative emphasizes on attaining net-zero energy consumption in public and private buildings. These aggravating norms executed by several governments are supporting the market growth. Also, the extension in the product portfolio by several leading multinational producers to cater to the altering demand of end-users and ongoing product development have propelled the market growth. In addition, other factors like the increasing integration of IoT, accelerating penetration of smartphones and the internet, together with the intensifying trend of monitoring from distant locations, are strengthening the home automation system market size. On the other hand, the high initial installation cost will hinder the market share.
Product Segment Drivers
Based on the product, entertainment and other controls are likely to expand faster during the forecast period due to the outrageous demand for smart meters and smoke detectors among the consumers. The escalating popularity of smart plugs, smart hubs, and smart locks will raise the market demand. Leading players, including Elan Home Systems, Creston Electronics, Inc., and Leviton Manufacturing Co, Inc., are focussing on innovation to gain a competitive advantage over other players. Additionally, the expansion in the product portfolio will allure customers looking for modernized entertainment systems such as smart speakers.
Software & Algorithm Segment Drivers
Based on the software & algorithm, proactive is contemplated to account for the largest share over the forecast period. These solutions are designed to allow users to understand energy patterns and take necessary measures to decrease their energy consumption. They are lodged with web-based software and displays to offer accumulative information to the users, including trends of energy usage, alarms, and goal tracking.
Regional Drivers
Based on the regional coverage, Asia-pacific is projected to dominate the market shortly due to the accelerating number of residential construction projects accompanied by the need to strengthen the building infrastructure across the Asian countries. The swiftly soaring population rate in countries such as Japan and South Korea is increasing the market demand. Moreover, the proliferating demand for energy management systems to save energy and reduce the electricity bill will supplement the home automation system market share.
Home Automation System Market Segmentation:
Segmentation by Product
· Lightning Control
o Relays
o Occupancy Sensors
o Daylight Sensors
o Timers
o Dimmers
o Switches
o Accessories and Other Products
· Security and Access Control
o Video Surveillance
o Hardware
o Security Cameras
o Storage Devices
o Monitors
o Accessories
o Software/Video Analytics
o Services
· Access Control
o Biometric Access Control
o Facial Recognition
o Iris Recognition
o Fingerprint Recognition
o Others
· Non-Biometric Access Control
· HVAC Control
o Smart Thermostats
o Sensors
o Control Valves
o Heating and Cooling Coils
o Dampers
o Actuators
o Pumps & Fans
o Smart Vents
· Entertainment and Other Controls
o Entertainment Control
o Audio, Volume, & Multimedia Controls
o Home Theatre System Controls
o Touchscreens and Keypads
o Other Controls
o Smart Meters
o Smart Plugs
o Smart Hubs
o Smart Locks
o Smoke Detectors
Segmentation by Software & Algorithm
· Behavioural
· Proactive
Segmentation by Region:
· North America
o United States of America
o Canada
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· Europe
o United Kingdom
o Germany
o France
o Spain
o Rest of Europe
· RoW
o Brazil
o South Africa
o Saudi Arabia
o UAE
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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HVAC Damper Actuators Market Is Gaining High Demand Globally | Covid 19 Impact And Recovery | GET FLAT 20% OFF ON THIS REPORT
GET FLAT 20% OFF ON THIS REPORT
HVAC Damper Actuators Market Report Coverage: Key Growth Factors & Challenges, Segmentation & Regional Outlook, Top Industry Trends & Opportunities, Competition Analysis, COVID-19 Impact Analysis & Projected Recovery, and Market Sizing & Forecast 2021-2028.
Market Insights
The global HVAC Damper Actuators market report provides comprehensive product analysis which includes its expected performance, pricing factors, and potential developments during the forecast period 2021-2028. The report confers information about the market’s overall performance, challenges, threats, and opportunities that reflects the present and future market scenario.Along with this, it lays out details on the latest government regulations and norms that impact the growth of the market.A new informative report on the HVAC Damper Actuators Market was recently published by Ordient Market Research and added to its extensive database for creating better strategic business decisions. It uses various proven research methods like primary and secondary research methods to gather data from various sources. It includes an in-depth analysis of the worldwide segments and sub-segments of the market that contributes to understanding the present status of the HVAC Damper Actuators market.
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The Global HVAC Damper Actuators Market Report offers extensive knowledge and information about the HVAC Damper Actuators market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global HVAC Damper Actuators market further validated and verified by the industry experts and professionals. The Global HVAC Damper Actuators Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the HVAC Damper Actuators market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
Market Analysis
The HVAC Damper Actuators market research report offers in-depth research and analysis of the key aspects of the HVAC Damper Actuators industry. The report offers holistic marketing research that permits companies to form decisions supported by changing market trends. It includes a market overview that gives a basic understanding of the market. This market is split into different segments, e.g., B. Type, applications, end-users, and sales channels. Additionally, the report includes a competitive analysis and a corporation profile of the key market players.
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Segmentation Outlook
The report gives an extensive analysis of various segments of the market by studying the product range, applications, major regions, and leading companies in the industry. Additionally, the report also dedicates an individual section to give a detailed analysis of the manufacturing process, which includes information collected through both primary and secondary sources of data collection. The primary source of data collection contains interviews of industry experts who offer accurate insights into the future market scenario.
Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):
Spring Return Damper Actuators
Non-Spring Return Damper Actuators
Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
Commercial Building
Industrial Facilities
Public Utilities
Regions covered in HVAC Damper Actuators market report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
Years Considered to Estimate the Market Size:
History Year: 2015-2020
Base Year: 2020
Estimated Year: 2021
Forecast Year: 2021-2028
Detailed TOC of HVAC Damper Actuators Market Report 2021-2028:
Chapter 1: HVAC Damper Actuators Market Overview
Chapter 2: Economic Impact on Industry
Chapter 3: Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: HVAC Damper Actuators Market Forecast
Continued……
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Global HVAC Damper Actuators Market Report provide in-depth information about the Leading Competitors involved in this report:
Belimo
Johnson Controls
Honeywell
Rotork
Schneider
Azbil Corporation
Neptronic
KMC Controls
Dura Control
Siemens
Dwyer Instruments
Hansen Corporation
Kinetrol
What market dynamics does this report cover?
The report shares key insights on:
Current market size
Market forecast
Market opportunities
Key drivers and restraints
Regulatory scenario
Industry trend
New product approvals/launch
Promotion and marketing initiatives
Pricing analysis
Competitive landscape
Study Objectives of HVAC Damper Actuators
1.The purpose of the market study is to include evidence, estimates, statistics, historical data, and market data verified by the industry, as well as the appropriate methodology and evaluation for a full market assessment.
2.The market research also helps to understand structure by evaluating the dynamics of the market segments.
3.Market segmentation is split based on content, form, end-user, and region; the global market size of HVAC Damper Actuators is expected.
4.The major points considered in the Global HVAC Damper Actuators Market report include the leading competitors operating in the global market.
5.The report also contains the company profiles of the players operating in the global market.
6.The manufacture, production, sales, future strategies, and the technological capabilities of the leading manufacturers are also included in the report.
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On the other hand, it is essential to recognize the previous and ongoing circumstances to form a great future. Data regarding the present and past market trends assists in forecasting upcoming trends in the market. At Ordient Market Research, we offer customized solutions as per given circumstances. Our company’s partnership with leading publishers has enabled us to access detailed and latest datasets in various business sectors. The association also includes a wide array of market analysis documents that can offer you crucial data about your business. All in all, you will get the latest, up-to-date reports at Ordient Market Research.
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HVAC Actuators In-Depth Profiling With Key Players and Recent Developments, Forecast Period: 2021-2031
Hvac Actuators Market Research, 2031
The global hvac actuators market size was valued at $3.9 billion in 2021, and is projected to reach $6.2 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031.The dampers are managed by actuators in HVAC chillers. The actuator positions the damper anywhere between fully open and fully closed by using a low-voltage signal. Zone dampers are a crucial component of an HVAC system, and without suitable actuators, the dampers won’t operate at all.
Increase in commercial construction activities has led to a surge in demand for heating and cooling equipment in various industries, which is anticipated to boost the demand for HVAC actuators. For instance, the commercial construction industry in India is expected to witness growth by nearly 4.0% from 2016 to 2022. All such instances are anticipated to contribute toward the growth of the HVAC actuators market. Moreover, rise in population and per capita income is creating demand for appliances such as heaters and air conditioners is driving the demand for HVAC actuators for such equipment. In addition, urban population is growing rapidly. As per the estimates and forecasts of the WHO, the global urban population is expected to grow by approximately 1.84% every year until 2020, which is at the rate of around 1.63% per annum from 2020 to 2025, and around 1.44% per annum from 2025 to 2030.
Rapid penetration of HVAC system has been witnessed in building automation systems (BASs), which acts as one of the critical factors driving the overall HVAC actuators market growth. In addition, the adoption of BASs is increasing considerably, owing to advancements in wireless sensor network technology and wireless protocols. Moreover, rise in need for the deployment of BASs in office buildings and large shopping complexes to improve the productivity of management systems augments the growth of the market, globally.HVAC system in industries is one of the most complex systems. The existing HVAC systems are incorporated with a wide range of equipment such as actuators and sensors that monitor and control temperature, airflow, and other parameters. These HVAC systems are sensitive to electrical issues, thermal sensation, and cooling sensation. Each facility project in which HVAC has been installed is distinctive and unique. Thus, upgradation of the existing HVAC systems is a complex process and requires a clearly defined plan, which hampers the HVAC actuators industry growth.
COMPETITION ANALYSIS
The major players profiled in the HVAC actuators market include Continental AG, Denso Corporation, Dwyer Instruments Inc, Electro Craft Inc., Honeywell International Inc., Johnson Controls International plc., Robert Bosch GmbH, Rotork Plc., Schneider Electric SE, Siemens AG.
Major companies in the market have adopted product launch, acquisition and partnership as their key developmental strategies to offer better products and services to customers in the HVAC actuators market.
Some examples of acquisition and partnership in the market
In December 2021, Dwyer Instruments portfolio company of Arcline Investment Management has acquired the Universal Flow Monitors, Inc. a leader in the design, development, and manufacture of flow meters and controls in industrial applications. by means of this acquisition expand the portfolio of HVAC system.
In April 2021, Arkamys and Continental has colloborated to develop automotive audio solutions where Continental sound actuators were installed in a demonstration vehicle originally equipped with conventional commodity speakers. Arkamys combined its sound enhancement software with various loudspeaker and actuator configurations. The demo car features various sound reproduction systems, and manufacturer-friendly perks, like scalability, space and weight savings, reduced components, and concealed integration.
In July 2021, Audax Private Equity has collobrated to Partners Group to sell Reedy Industries, commercial heating, ventilation, and air conditioning (HVAC).
In June 2021, Marelli Corporation and Highly International (Hong Kong) Limitedhas colloborated to establish a new joint venture, Highly Marelli Holdings Co. Ltd. This joint venture may focus on creating new solutions for customers and suppliers in the electrification of compressors and heating, ventilation, and air conditioning (HVAC).
In July 2022, Honeywell has collaborated with Archer Aviation Inc. to supply of flight control actuation and thermal management technologies.
In December 2021, Rotork PLC. collaborated with Milano San Rocco Wastewater Treatment Plant (WWTP) to provide Rotork IQ electric modulating actuators.
In May 2021, Continental and Nexteer’s has collaborated with CNXMotion expands brake-to-steer technology to enhance safety redundancies. it replaces the mechanical steering connection between the hand wheel and road wheels with algorithms, electronics and actuators.
The product launch and product development in the market
In January 2020, Honeywell has developed new actuator product line for eVTOL market. the actuators will use electricity alone to move primary flight control surfaces, in contrast to the hydraulics, cables, and pushrods found on most conventional aircraft. Specifically designed to meet the vibration, power, and weight profiles of eVTOL aircraft.
In September 2022, MAHLE has developed a smart air-conditioning system to support the fight against fine particulates in vehicle cabins. Its main innovative feature is the integration of fine-particulate sensors directly into the air-conditioning system. As this feature gives the sensors immediate access to both cabin air and external air, the air-conditioning system can react quickly and precisely to the changing pollution levels and use the appropriate cleaning strategy to keep the air in the vehicle clean.
In May 2020, AUMA has launched the high-performance PROFOX actuator series with advanced features. It has built-in intelligence, low operating costs, high mechanical efficiency, compact design. It is suitable for various industries such as combined heat and power plants, process industries, shipbuilding, and water treatment.
In December 2020, Rotork PLC has launched its newly developed AC version of PAX1 linear actuator. This new actuator has the capacity to control the pressure of 0–0.5 psig to 0–3,000 psig.
In January 2021, Curtiss-Wright Corporation has launched its new ASSIGN™ motor program for Exlar FTP and FTX Series actuators. The FTP and FTX series actuator are ideal for a wide range of factory automation applications.
In December 2022, Continental has launched solutions for user experience, automated driving and the Software-defined Vehicle in order to makes driving safer, cleaner, and more comfortable with high-performance computers, vehicle sensors, actuators, and electronic control units. Additionally, they provide smart power distribution and ensure the reliable execution of x-Domain real-time vehicle functions, such as audio, external sound, parking, HVAC or suspension.
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Smart Home & Office Market by Manufacturers, Type and Application, Regions, Segmentation and Forecast to 2023
The global smart home and office market is getting traction from factors like the rising demand for comfort, energy-efficient systems, the inclusion of advanced technologies, hike in disposable income, security concerns, convenience, incorporation of 5G technologies, government support, and others. Market Research Future (MRFR) revealed that the smart home and office market could record a rise by 11.5% CAGR during the forecast period of 2019 to 2025 to scale valuation of USD 92.18 billion.
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Competitive Landscape:
Samsung Electronics Co. Ltd. (South Korea), ABB Group (South Korea), Siemens AG (Germany), Eaton Corporation PLC (Ireland), Lutron Electronics Co., Inc. (US), Sony Corporation (Japan), United Technologies Corporation (US), Johnson Controls International PLC (Ireland), Ingersoll-Rand PLC (Ireland), Legrand SA (France), Assa Abloy Group (Sweden), Gira Giersiepen GmbH & Co. KG (Germany), ADT (US), Crestron Electronics, Inc. (US), Schneider Electric SE (France), Robert Bosch GmbH (Germany), Hager Group (Germany), MDT Technologies GmbH (Germany), Honeywell International Inc. (US), and others are some prominent names involved in a tactical battle that boosts the market outcome.
Industry News:
In August 2020, Johnson Controls, a company that made its name as smart building technology and controls system provider, announced its acquisition of security technology company Qolsys. Qolsys is known for being a leading resident and commercial security technology provider to the Smart Home and Office market. The acquisition is a part of the company’s plan to establish its leadership position as a next-gen solution provides for security and smart building solutions. Johnson Control also declared the launching of a new digital platform of connected Smart Building solutions. This new product is called OpenBlue.
In August 2020, ZOOOK announced the launching of a new range of IoT-based smart home devices for the Indian market. This portfolio includes Smart Wi-Fi Plugs ZOOOK Clicker, and Sense and Shine.
The COVID-19 crisis has the potential to impact the market. The effects of this pandemic are manifesting gradually. In many countries, financial condition is getting worse. In such a scenario, the market may find itself in deep waters as people may prefer holding back their plans to invest.
Segmentation:
The global report on the smart home and office market includes a discussion on segments like product, standard, and end user.
By product, the market includes segments like lighting controls, access controls, surveillance products, HVAC controls, and other products. The lighting controls segment can be discussed on the basis of sensors, dimmers, relays, switches, and others. The access controls segment includes smart card readers, biometric readers, smart locks, and others. The surveillance products segment includes a study of storage and monitoring devices, security cameras, and others. The HVAC controls segment comprises sensors, control valves, smart thermostats, dampers, smart vents, actuators, and others. The ‘others’ segment comprises smart meters, smart smoke detectors, and others).
By standard, the global market includes a study of KNX, Z-Wave, Enocean, Bacnet, Dali, Infrared, Zigbee, and Wi-Fi. The Wi-fi segment is getting substantial traction as several operators are relying on this to increase their market reach.
By end user, the report on the global market studies segments like smart home and smart office. Both are sub-segmented on the basis of renovations and new constructions.
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Regional Analysis:
Investment capacity and structural support would help North America retain its dominating position. The smart home and office industry in the region will also benefit from the growing inclination towards a digitalized system.
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Smart Home Market Perspective by Comprehensive Analysis, Growth Prediction to 2023 | Effects of COVID-19
Market Highlights
Smart homes are backed by computing devices and information technology that integrate various devices in the house to facilitate enhanced convenience, comfort, security, and entertainment in a sustainable way. Previously smart homes were confined to elite class consumers; however, in recent years, smart homes have gained widespread consumer adoption.
The smart home market was initially concerned primarily with advanced security features. However, the market has now ventured into newer segments such as lighting systems, fire detection, energy efficiency systems, gas leakage detection, and entertainment. This has propelled the growth of the market.
The smart home market is experiencing increased demand from all quarters; however, energy conservation has been the key factor in influencing the growth of the market. Moreover, the maintenance of smart homes is cheaper than traditional homes. Other factors substantiating the growth of the smart home market include increasing affordability of smart home features, the threat of climate change, and the growing adoption of cloud-based technologies.
On the contrary, the growth of the market might be hindered by the risk of privacy and bugs surrounding smart homes. However, multifarious benefits are likely to aid in overcoming of these hurdles.
Growing disposable income or rising affluence of the middle-class consumers along with growing number of working couples have also reflected positively on the market growth. Since more and more homes stay empty throughout the day, there is an increased need for home automation. The governments in multiple countries are taking concrete steps to promote the construction of smart homes by making policies favorable for builders who are keener on building smart homes.
Segmentation
The global smart home market research has been segmented based on component, application, and technology.
By Component, the smart home market has been segmented into software and services. The software segment has been further segmented into behavioral and proactive. The services segment has been further segmented into managed & professional service.
By Application, the smart home market has been segmented into lighting control, security & access control, entertainment & other control, HVAC control, home healthcare, smart kitchen, and home appliances.
The lighting control segment has been further segmented into relays, occupancy sensors, daylight sensors, timers, switches, dimmers, accessories, and other products.
The Security & access control segment has been further segmented into video surveillance and access control. The video surveillance sub-segment has been further segmented into hardware, software, and services.
The HVAC control segment has been segmented into smart thermostats, sensors, control valves, dampers, actuators, heating and cooling coils, pumps & fans, and smart vents.
The entertainment & other control segment has been further segmented into entertainment controls and other controls. The entertainment controls sub-segment has been further segmented into home theater system controls and touchscreens, audio, volume, & multimedia room controls, and keypads.
The home healthcare segment has been further segmented into health status monitors and physical activity monitors.
Regional Analysis
The smart home market has been segmented into four key regions, namely North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).
North America accounts for a major share of the market and is likely to dominate the market over the forecast period. The existence of leading market players in the region along with heightened demand for home healthcare has led to the proliferation of the smart home market in North America. Moreover, high spending capacity leads to increased spending on the modernization of homes, which boosts the growth of the market.
The APAC smart home market is slated to showcase remarkable growth over the forecast period. fast track urbanization in the region combined with rising disposable income has created abundant demand for smart homes in the region. Adoption of cloud technologies, the growing sophistication of lifestyle, and heightened focus on safety and security are auguring the growth of the market in APAC. Additionally, governments in the region are investing substantially in the development of smart cities which is propelling the growth of the market.
Competitive Landscape
Ingersoll-Rand PLC (Ireland), United Technologies Corporation (U.S.), Samsung Electronics Co., Ltd. (South Korea), ABB Ltd. (Switzerland), Siemens AG (Germany), Honeywell International, Inc. (U.S.), Legrand S.A. (France), General Electric Company (U.S.), Schneider Electric (France), and Johnson Controls, Inc. (U.S.) are the eminent players in the smart home market.
Industry Updates
May 2019 - Amazon released the latest version of its Echo Show device with enhanced privacy and smart home controls. The new device is now equipped with a camera shutter which is the first of any Amazon's display speakers. In addition, the new allows voice recording to be deleted in a much more simplified way along with a new privacy hub webpage which explains how Echo devices use and store voice recordings. Amazon is also rolling out a new smart home dashboard which would provide users more control over compatible smart home devices and groups.
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HVAC Damper Actuator Industry Global Market Size, Share, Supply, Demand, Segments and Forecast 2020-2026
The global report on HVAC Damper Actuator market presents, through a comprehensive analysis, the newly published research study that provides key industry insights and a competitive advantage for multiple stakeholders. HVAC Damper Actuator report shows existing business research, future as well as emerging prospects, sales growth, potential investment, market size, pricing and profitability.
Major Players Covered in this Report are: Belimo, Schneider, Azbil Corporation, Siemens, Honeywell, Neptronic
"Final HVAC Damper Actuator Report will add the analysis of the impact of COVID-19 on this industry."
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The research on the Global HVAC Damper Actuator market 2020 offers a basic overview of the industry including concepts, classifications, applications and the structure of the supply chain. The Global HVAC Damper Actuator Market Report is given for global markets as well as trends in growth, competitive landscape analysis and the development status of key regions. HVAC Damper Actuator industry Development policies and plans will be discussed as well as processes of manufacturing and cost structures will also be analysed. In addition, HVAC Damper Actuator report includes import/export usage, supply and demand Statistics, expense, price, revenue and gross margins.
HVAC Damper Actuator Market Classification by Types:
Spring Return Damper Actuators
Non-Spring Return Damper Actuators
HVAC Damper Actuator Market Size by Application:
Commercial Building
Industrial Facilities
Public Utilities
Geographically, the detailed analysis of consumption, revenue, HVAC Damper Actuator market share and growth rate, historic and forecast (2015-2026) of the following regions are covered:
North America (United States, Canada, Mexico) Europe (Germany, UK, France, Italy, Spain, Russia, Others) Asia-Pacific (China, Australia, South Korea, Japan, India, Southeast Asia, Others) Middle East and Africa (UAE, Saudi Arabia, Egypt, South Africa, Nigeria, Others) South America (Brazil, Argentina, Columbia, Chile, Others)
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The Global HVAC Damper Actuator Market Report establish a range of primary and secondary research techniques to collect both quantitative and qualitative data on global and regional heads. Using different HVAC Damper Actuator industry-best analytical techniques, the overwhelming quantity of business data thus obtained is filtered and narrowed down to the HVAC Damper Actuator information that matter most to businesses operating in the sector or planning to enter.
The HVAC Damper Actuator study projects practicability analysis, SWOT analysis, and various other information about the leading companies operating in the Global HVAC Damper Actuator Market provide a detailed systematic account of the competitive environment of the industry with the aid of thorough company profiles. However, HVAC Damper Actuator research examines the impact of current market success and future growth prospects for the industry.
In this study, the years considered to estimate the market size of HVAC Damper Actuator are as follows:
History Year 2015-2019 Base Year 2020 Estimated Year 2020 Forecast Year 2020-2026
HVAC Damper Actuator research provides answers to the following key questions:
What is the expected growth rate of the HVAC Damper Actuator market?
What will be the HVAC Damper Actuator market size for the forecast period, 2020 – 2026?
What are the main driving forces responsible for changing the HVAC Damper Actuator industry's trajectory?
Who are the big suppliers that dominate the HVAC Damper Actuator industry across different regions? Which are their wins to stay ahead in the competition?
What are the HVAC Damper Actuator market trends business owners can rely upon in the coming years?
What are the threats and challenges expected to restrict the progress of the HVAC Damper Actuator industry across different countries?
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Hydronic Control Market Demand and Opportunities 2018-2026
Global Hydronic Control Market was valued US$30.87 Bn in 2017 and is estimated to reach US$41.23 Bn by 2026 at a CAGR of more than 3.68% during a forecast period. Global Hydronic Control Market is segmented by Product, by Application and by Region. Hydronic Control Market by Equipment segment is classified into Actuators, Valves, Flow Controllers and Control Panels. Installation Type segment classified into New, Retrofit. By Sector segment classified into Residential, Commercial, and Industrial. Geographically split into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
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In terms of Equipment Segment Actuators is major in the Hydronic Control Market. Actuators separate the Mechanical system from Hydronic Control system. Actuators receives signal from controller for controlling the valves and dampers in hydronic system. Because of remote access, it saves time during installation. In terms of Installation Type segment New hold the largest share. It is basically done in newly constructed building, New installation helps to achieve eco-friendly operations. Many governments across the world are indorsing investments in smart buildings owing to many benefits associated with it. In terms of Sector Segment industrial Hydronic Control segment is major in the Hydronic Control Market. Which held the largest market share during the forecast period. In industrial sector maximum energy consumption due to the manufacturing and processing, the implementation of hydronic controls can help efficiently in power HVAC system. Growth and trend of automation in advanced infrastructure, construction of residential and commercial buildings propelled the demand of Hydronic Control Market. Installation cost is high for Hydronic Control Market.
North America hold the major share in the global Hydronic Control market. Growth of advanced infrastructure, construction of residential and commertial building are major factors supporting the growth of Hydronic Control market. All other regions are following to contribute the growth in Hydronic Control Market. The report includes detailed profiles of the prominent market players that are trending in the market. Siemens, Danfoss, Johnson Controls, Honeywell, Schneider Electric, IMI plc, Belimo, Giacomini, Caleffi, Flamco, Armstrong, Oventrop, Reflex, Spirotech and Xylem among others.
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Scope of the Global Hydronic Control Market Global Hydronic Control Market By Equipment: Actuators Valves Flow Controllers Control Panels Global Hydronic Control Market By Installation Type: New Retrofit Global Hydronic Control Market By Sector: Residential Commercial Industrial Global Hydronic Control Market By Region: North America Europe Asia Pacific Latin America The Middle East and Africa Key Player analysed in Global Hydronic Control Market: Siemens Danfoss Johnson Controls Honeywell Schneider Electric IMI plc Belimo Giacomini Caleffi Flamco Armstrong Oventrop Reflex Spirotech Xylem
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The damper actuators are broadly utilized in the numerous non-residential benefits owing to the standardization of building the design and legal authority’s approval processes. The damper actuators are positively utilized in the several non-commercial and commercial premises owing to the numerous regions have been made standards for the commercial and non-commercial buildings. In parallel, the industrial buildings are becoming the common areas of the damper allocation in the terms of the building design standards around the numerous regions. The effective requirement of the internet of things (IoT) in the HVAC industry is effectively affecting the growth of the worldwide market of damper actuators. Not only has this, the proficiency of the mandates and government incentives and augmented end-user aim on the ideal building surroundings are the foremost factors for the utilization of the worldwide damper actuators.
According to the report analysis, ‘Global Damper Actuators Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024’ states that in the worldwide damper actuators market there are numerous key players which presently functioning more positively over the coming years for leading the fastest market growth and registering the high value of market share around the globe over the coming years while studying the guidelines of the government, spreading the awareness related to the applications of such, employing the intelligent employees and developing the specifications of the technology includes Belimo, Johnson Controls, Siemens, Honeywell, Rotork, Schneider, Azbil Corporation, Neptronic, KMC Controls, Dura Control, Dwyer Instruments, Hansen Corporation, Kinetrol and several others.
Furthermore, the damper is the final control devices for almost entire airflow in the HAVC systems. The Actuators are the interface amongst the control system and the mechanical system and are critical to precise control.
Additionally, Europe employed 25.73% of the consumption value market in 2017. It is followed by North America which have nearby 23.48% of the worldwide total industry. Geographically, the Asia-Pacific region was the principal consumption market in Asia-Pacific, which took approximately 42.66% of the worldwide consumption volume in 2017. The global market for Damper Actuators is anticipated to increase at a CAGR of roughly 1.9% over the next five years, will reach 1460 million USD in 2024, from 1330 million USD in 2019.
Meanwhile, the foremost challenges of the Damper actuator market are the upfront costs linked with the high proficiency HVAC. In parallel, the global financial hesitation and the macroeconomics conditions namely the currency, exchange rates and the economic difficulties are some of the foremost aspects which may hamper the growth of the damper actuator market.
Whereas, the foremost growth driver of the Damper actuator market involve the effective growth in the requirement in the non-residential benefits owing to the standardization of the building design. The Energy proficient programs and government regulations in the numerous economy will be the one of the foremost aspect predicted to fuel the growth of the worldwide damper actuator market. Not only has this, the increasing requirement from the underdeveloped regions is anticipated to fuel the growth of the damper actuator over the review duration. Therefore, in the coming years it is anticipated that the market of damper actuator will increase around the globe over the coming decades.
To know more, click on the link below:-
Global Damper Actuators Market Research Report
Related Reports:-
Global Damper Actuators Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use
Damper Actuators Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)
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The Next Big Thing In Smart and Connected offices Market 2023 Is Here ($46.11 Billion Market) – Global Reporting
“Smart Office Market by Product (Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems, Audio–Video Conferencing Systems), Software & Service, Office Type, and Geography - Global Forecast to 2023"
The smart office market was valued at USD 22.21 Billion in 2017 and is expected to reach USD 46.11 Billion by 2023, at a CAGR of 12.94% between 2017 and 2023. Factors such as increase in demand for smart office solutions and sensor networks for energy efficiency, advancement of IoT in smart office offerings, growing need for safety and security systems at the workplace, and favorable government regulations in several countries are driving the growth of the smart office market.
Some of the major companies operating in the global smart office market are ABB, Cisco Systems, Crestron Electronics, Honeywell, Johnson Controls, Philips Lighting, Lutron Electronics, Schneider Electric, Siemens, and United Technologies Corporation.
Top 2 players in the smart office market:
Siemens is one of the major engineering companies in Europe with branch offices located worldwide. The company is primarily engaged in the electrical engineering and electronics business. It offers products, services, and solutions for the effective use of resources and energy. The company operates in the following segments—Power and Gas, Healthineers, Energy Management, Digital Factory, Process Industries and Drives, Mobility, Building Technologies, Wind Power and Renewables, and Financial Services (SFS). The company follows both organic and inorganic growth strategies to advance in the smart office market.
It has been a key player in the automation sector for several years. The company invests considerably in the R&D of new concepts and technologies in smart office market and focuses on improving its existing product portfolio. The company’s strategy is to deliver integrated architectures, solutions, and outcomes to help customers grow, manage costs, and mitigate risks. Moreover, its strategy is also to make customers more dependent on technology, especially on smart technology, to meet business objectives and ensure market competitiveness. In July 2017, Siemens expands its range of OpenAir damper actuators for heating, ventilation and air-conditioning applications with spring-return models with 4 Nm of torque. At the same time, new features are being added to conventional damper actuators with 2 Nm of torque.
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In March 2017, Siemens and SAP signed a global reseller agreement through which SAP will globally resell Siemens’ market-leading meter data management solution, EnergyIP. This cooperative effort is intended to address several digital end-to-end business scenarios for energy and utility clients worldwide.
The company was formerly known as Schneider SA and changed its name to Schneider Electric SA in May 1999. It mainly operates through four business segments—Buildings, Infrastructure, Industry, and IT. The company engages in the design, development, and sales of products, equipment, and solutions related to the metering, management, and use of energy in France and internationally. Its buildings business segment provides assistance for industrial or commercial buildings to become more energy-efficient using automation and security systems (programmable regulators, centralized building management systems, camera sensors, and security monitoring equipment).
The segment’s product offerings include security systems, heating, ventilation and air-conditioning (HVAC) controllers, sensors, valves and actuators, programmable regulators, centralized building management systems, space optimization solutions, access control, video cameras, and security monitoring equipment. The company also focuses on strategic collaborations, agreements, acquisitions, and partnerships to strengthen its core businesses. For instance, in August 2017, Claroty (an innovator in Operational Technology (OT) network protection) and Schneider Electric entered into a partnership to address safety and cybersecurity challenges for the world’s industrial infrastructure.
The stakeholders involved in the value chain of this market include companies in the smart office market, investment community interested in the smart office market, research institutes and organizations, government and financial institutions, original device manufacturers (ODMs), building automation service providers, networking technologies vendors, real estate builders, building automation software solutions providers, building automation service providers, smart office-related associations, organizations, forums, and alliances.
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