Global HVAC Damper Actuators market will reach 1500 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/8/9

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.

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%.

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 global HVAC Damper Actuators market is valued at 1310 million US$ in 2017 and will reach 1500 million US$ by the end of 2025, growing at a CAGR of 1.8% during 2018-2025.

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