Damper Actuators is a device that controls the opening and closing of a damper in an HVAC or heating, ventilation and air conditioning system.
First, for industry structure analysis, the Damper Actuators industry is relatively concentrated. These manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 60% of the revenue market in 2015. Regionally, USA is the biggest production area, also the leader in the whole Damper Actuators industry.
Second, the production of Damper Actuators increased from 11916 K Units in 2011 to 13871 K Units in 2015 with an average growth rate of more than 3.87%.
Third, Europe occupied 32.67% of the production market in 2015. It is followed by Chian and Japan, which respectively have around 11.33% and 8.33% of the global total industry. Geographically, USA was the largest consumption market in the world, which took about 34.57% of the global consumption volume in 2015.
Fourth, for price trend analysis, a key variable in the performance of Damper Actuators producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
Fifth, for forecast, the global Damper Actuators revenue would keep increasing with annual growth rate with 3~5%. We tend to believe that this industry still has a bright future, considering the current demand of Damper Actuators.
According to this study, over the next five years the Damper Actuators market will register a 2.2% CAGR in terms of revenue, the global market size will reach USD 1760 million by 2024, from USD 1540 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Damper Actuators business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Damper Actuators market by product type, application, key manufacturers and key regions and countries.
This study considers the Damper Actuators value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Pneumatic type
Electric type
Others
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential
Commercial
Public Utilities
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Johnson Controls
Belimo
Siemens
Honeywell
Schneider
Harold Beck & Sons
Rotork
Neptronic
Sontay
Joventa
Nenutec
Matsushima Measure Tech
Hansen Corporation
Dwyer Instruments
Azbil Corporation
Ventilation Control Products
KMC Controls
Dura Control
Kinetrol
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Damper Actuators consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Damper Actuators market by identifying its various subsegments.
Focuses on the key global Damper Actuators manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Damper Actuators with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Damper Actuators submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
