Sunday, April 21, 2024

Email id:, Contact Us : +91-9871552944

Home Manufacturing And Construction Growth in Demand for Industrial Facilities Anticipated Driving Global HVAC Damper Actuators...

Growth in Demand for Industrial Facilities Anticipated Driving Global HVAC Damper Actuators Market: Ken Research

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. Actuators are the interface between the mechanical system and the control system and are critical to accurate control. Usually, 80% or more of the direct digital control (DDC) effects in the HVAC portion of the system go to actuators. If they are no longer positioned correctly, then all other portions of the air system suffer. HVAC damper actuators are extensively used in the terminal control, air duct system, and central air-conditioning unit.

According to the study, “Global HVAC Damper Actuators Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global HVAC damper actuators market are Belimo, Honeywell, Johnson Controls, Azbil Corporation, Siemens, KMC Controls, Rotork, Dwyer Instruments, Schneider, Hansen Corporation, Neptronic, Kinetrol, Dura Control.

Based on type, HVAC the damper actuators market is segmented into spring return damper actuators (two-position control, three-position control and modulating control) and non-spring return damper actuators. Based on the operation mode, the market is segmented into motorized and manual. The motorized segment dominates the market as it is equipped with the most advanced technologies available in the market. Based on material type, the market is segmented into stainless steel, aluminum, galvanized steel, and others. Galvanized steel holds the major share in the market owing to its ability to tolerate weather elements and the durability characteristics. Based on the application, the market is segmented into the air duct system, central air-conditioning unit, and terminal control. In addition, based on end-user, the market is segmented into a commercial building, public utilities, industrial facilities, and others. Commercial segment is predicted to hold the major share in the market due to growth in consumption in the area due to endless application in the industry during the forecast period.

The HVAC damper actuators market is driven by growth in applications in the industrial facilities, commercial building, and public utilities, followed by a rise in advancement in the HVAC damper industry and growth in government support towards the establishment of new industries. However, lack of awareness in the emerging economies and lack of skilled professionals may impact the market. Moreover, growth in infrastructural development in developing economies is a key opportunity for the market.

Based on geography, the Asian-Pacific region holds the major share in the HVAC damper actuators market owing to growth in technological advancements and an increase in demand for the products in the market in the region. The North-American and European regions are anticipated to witness a higher growth rate on account of a rise in demand from developing countries and various government initiatives regarding energy efficiency mandates over the forecast period. In the near future, it is expected that the market will be reached at rapid speed caused by growth in demand of Internet of Things (IoT) in the HVAC industry during the forecast period. The global market is projected to grow at a CAGR of approximately 1.9% over the next five years, will reach the US $1460 million in 2024, from the US $1310 million in 2019.

To Know More, Click On The Link Below:-

Global HVAC Damper Actuators Market Analysis

Related Reports:-

Global HVAC Damper Actuators Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

World HVAC Damper Actuators Market Research Report 2024 (Covering USA, Europe, China, Japan, India and etc)

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications



Engineering Efficiency: A Look at Key Players in the $52.3 Billion Industrial Engineering Market

The world runs on efficiency, and behind the scenes, smooth-operating factories and streamlined production lines stand the heroes of optimization: industrial engineers. As a...

Optimizing the Future: The Rise of the $2.04 Trillion Engineering Service Industry

The industrial engineering market plays a vital role in driving efficiency and productivity across various industries. As an integral part of the broader engineering...

The Rise of Modular Construction in a Dynamic Market

In the ever-evolving landscape of the construction industry, modular construction has emerged as a game-changer, promising efficiency, cost-effectiveness, and sustainable solutions. As business heads...

Most Popular

Emerging Opportunities and Market Expansion in the Global Shipbuilding Market

The global shipbuilding industry is expected to reach a value of $279.58 billion by 2028, growing at a rate of 6.1%. The market is...

Top Players in the Construction Market and their Market Strategy Analysis

The global construction market size reached approximately USD 13.57 trillion in 2023. Projected to grow at a compound annual growth rate (CAGR) of 6.5%...

Revitalize Your Ride: The Ultimate Guide to Seamless Car Insurance Renewal

Renewing your car insurance can be a daunting task, but it is a necessary one. While it is hard to predict the future, having...

Mastering TNEB Online Payment: Expert Tips for Efficiency and Convenience

In today's fast-paced world, where convenience and efficiency are paramount, mastering TNEB online payment can significantly streamline your monthly electricity bill payment process. With...