Hvac Actuators Market By Type, By Technology, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. High bargaining power of suppliers
3.3.2. High bargaining power of buyers
3.3.3. High threat of substitutes
3.3.4. High threat of new entrants
3.3.5. Moderate intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Development of the construction market
3.4.1.2. Rise in demand for building automation systems (BASs)
3.4.2. Restraints
3.4.2.1. Complexity in upgrading the existing HVAC systems
3.4.3. Opportunities
3.4.3.1. Upsurge in demand for cloud computing in HVAC
3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: HVAC ACTUATORS MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Spring Return
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Nоn Spring Return
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country

CHAPTER 5: HVAC ACTUATORS MARKET, BY TECHNOLOGY
5.1. Overview
5.1.1. Market size and forecast
5.2. Smart
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Conventional
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country

CHAPTER 6: HVAC ACTUATORS MARKET, BY APPLICATION
6.1. Overview
6.1.1. Market size and forecast
6.2. Commercial Building
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Industrial Facilities
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Public Utilities
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country

CHAPTER 7: HVAC ACTUATORS MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast By Region
7.2. North America
7.2.1. Key trends and opportunities
7.2.2. Market size and forecast, by Type
7.2.3. Market size and forecast, by Technology
7.2.4. Market size and forecast, by Application
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. Key market trends, growth factors and opportunities
7.2.5.1.2. Market size and forecast, by Type
7.2.5.1.3. Market size and forecast, by Technology
7.2.5.1.4. Market size and forecast, by Application
7.2.5.2. Canada
7.2.5.2.1. Key market trends, growth factors and opportunities
7.2.5.2.2. Market size and forecast, by Type
7.2.5.2.3. Market size and forecast, by Technology
7.2.5.2.4. Market size and forecast, by Application
7.2.5.3. Mexico
7.2.5.3.1. Key market trends, growth factors and opportunities
7.2.5.3.2. Market size and forecast, by Type
7.2.5.3.3. Market size and forecast, by Technology
7.2.5.3.4. Market size and forecast, by Application
7.3. Europe
7.3.1. Key trends and opportunities
7.3.2. Market size and forecast, by Type
7.3.3. Market size and forecast, by Technology
7.3.4. Market size and forecast, by Application
7.3.5. Market size and forecast, by country
7.3.5.1. Germany
7.3.5.1.1. Key market trends, growth factors and opportunities
7.3.5.1.2. Market size and forecast, by Type
7.3.5.1.3. Market size and forecast, by Technology
7.3.5.1.4. Market size and forecast, by Application
7.3.5.2. UK
7.3.5.2.1. Key market trends, growth factors and opportunities
7.3.5.2.2. Market size and forecast, by Type
7.3.5.2.3. Market size and forecast, by Technology
7.3.5.2.4. Market size and forecast, by Application
7.3.5.3. France
7.3.5.3.1. Key market trends, growth factors and opportunities
7.3.5.3.2. Market size and forecast, by Type
7.3.5.3.3. Market size and forecast, by Technology
7.3.5.3.4. Market size and forecast, by Application
7.3.5.4. Italy
7.3.5.4.1. Key market trends, growth factors and opportunities
7.3.5.4.2. Market size and forecast, by Type
7.3.5.4.3. Market size and forecast, by Technology
7.3.5.4.4. Market size and forecast, by Application
7.3.5.5. Rest of Europe
7.3.5.5.1. Key market trends, growth factors and opportunities
7.3.5.5.2. Market size and forecast, by Type
7.3.5.5.3. Market size and forecast, by Technology
7.3.5.5.4. Market size and forecast, by Application
7.4. Asia-Pacific
7.4.1. Key trends and opportunities
7.4.2. Market size and forecast, by Type
7.4.3. Market size and forecast, by Technology
7.4.4. Market size and forecast, by Application
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. Key market trends, growth factors and opportunities
7.4.5.1.2. Market size and forecast, by Type
7.4.5.1.3. Market size and forecast, by Technology
7.4.5.1.4. Market size and forecast, by Application
7.4.5.2. Japan
7.4.5.2.1. Key market trends, growth factors and opportunities
7.4.5.2.2. Market size and forecast, by Type
7.4.5.2.3. Market size and forecast, by Technology
7.4.5.2.4. Market size and forecast, by Application
7.4.5.3. South Korea
7.4.5.3.1. Key market trends, growth factors and opportunities
7.4.5.3.2. Market size and forecast, by Type
7.4.5.3.3. Market size and forecast, by Technology
7.4.5.3.4. Market size and forecast, by Application
7.4.5.4. India
7.4.5.4.1. Key market trends, growth factors and opportunities
7.4.5.4.2. Market size and forecast, by Type
7.4.5.4.3. Market size and forecast, by Technology
7.4.5.4.4. Market size and forecast, by Application
7.4.5.5. Rest of Asia-Pacific
7.4.5.5.1. Key market trends, growth factors and opportunities
7.4.5.5.2. Market size and forecast, by Type
7.4.5.5.3. Market size and forecast, by Technology
7.4.5.5.4. Market size and forecast, by Application
7.5. LAMEA
7.5.1. Key trends and opportunities
7.5.2. Market size and forecast, by Type
7.5.3. Market size and forecast, by Technology
7.5.4. Market size and forecast, by Application
7.5.5. Market size and forecast, by country
7.5.5.1. Latin America
7.5.5.1.1. Key market trends, growth factors and opportunities
7.5.5.1.2. Market size and forecast, by Type
7.5.5.1.3. Market size and forecast, by Technology
7.5.5.1.4. Market size and forecast, by Application
7.5.5.2. Middle East
7.5.5.2.1. Key market trends, growth factors and opportunities
7.5.5.2.2. Market size and forecast, by Type
7.5.5.2.3. Market size and forecast, by Technology
7.5.5.2.4. Market size and forecast, by Application
7.5.5.3. Africa
7.5.5.3.1. Key market trends, growth factors and opportunities
7.5.5.3.2. Market size and forecast, by Type
7.5.5.3.3. Market size and forecast, by Technology
7.5.5.3.4. Market size and forecast, by Application

CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning Strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021

CHAPTER 9: COMPANY PROFILES
9.1. Continental AG
9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.1.6. Business performance
9.1.7. Key strategic moves and developments
9.2. Denso Corporation
9.2.1. Company overview
9.2.2. Key Executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. Business performance
9.3. Dwyer Instruments Inc
9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.3.6. Key strategic moves and developments
9.4. ElectroCraft Inc.
9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.5. Honeywell International Inc.
9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.5.6. Business performance
9.5.7. Key strategic moves and developments
9.6. Johnson Controls International plc.
9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.6.6. Business performance
9.7. Robert Bosch GmbH
9.7.1. Company overview
9.7.2. Key Executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.7.6. Business performance
9.8. Rotork Plc.
9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.8.6. Business performance
9.8.7. Key strategic moves and developments
9.9. Schneider Electric SE
9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.9.4. Operating business segments
9.9.5. Product portfolio
9.9.6. Business performance
9.10. Siemens AG
9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
9.10.4. Operating business segments
9.10.5. Product portfolio
9.10.6. Business performance

List of Tables
Table 01. Global HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 02. HVAC Actuators Market for Spring Return, by Region, 2021-2031 (Revenue, $Million)
Table 03. HVAC Actuators Market for Nоn Spring Return, by Region, 2021-2031 (Revenue, $Million)
Table 04. Global HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 05. HVAC Actuators Market for Smart, by Region, 2021-2031 (Revenue, $Million)
Table 06. HVAC Actuators Market for Conventional, by Region, 2021-2031 (Revenue, $Million)
Table 07. Global HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 08. HVAC Actuators Market for Commercial Building, by Region, 2021-2031 (Revenue, $Million)
Table 09. HVAC Actuators Market for Industrial Facilities, by Region, 2021-2031 (Revenue, $Million)
Table 10. HVAC Actuators Market for Public Utilities, by Region, 2021-2031 (Revenue, $Million)
Table 11. HVAC Actuators Market, by Region, 2021-2031 (Revenue, $Million)
Table 12. North America HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 13. North America HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 14. North America HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 15. North America HVAC Actuators Market, by Country, 2021-2031 (Revenue, $Million)
Table 16. U.S. HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 17. U.S. HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 18. U.S. HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 19. Canada HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 20. Canada HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 21. Canada HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 22. Mexico HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 23. Mexico HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 24. Mexico HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 25. Europe HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 26. Europe HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 27. Europe HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 28. Europe HVAC Actuators Market, by Country, 2021-2031 (Revenue, $Million)
Table 29. Germany HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 30. Germany HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 31. Germany HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 32. UK HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 33. UK HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 34. UK HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 35. France HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 36. France HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 37. France HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 38. Italy HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 39. Italy HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 40. Italy HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 41. Rest of Europe HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 42. Rest of Europe HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 43. Rest of Europe HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 44. Asia-Pacific HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 45. Asia-Pacific HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 46. Asia-Pacific HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 47. Asia-Pacific HVAC Actuators Market, by Country, 2021-2031 (Revenue, $Million)
Table 48. China HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 49. China HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 50. China HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 51. Japan HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 52. Japan HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 53. Japan HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 54. South Korea HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 55. South Korea HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 56. South Korea HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 57. India HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 58. India HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 59. India HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 60. Rest of Asia-Pacific HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 61. Rest of Asia-Pacific HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 62. Rest of Asia-Pacific HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 63. LAMEA HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 64. LAMEA HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 65. LAMEA HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 66. LAMEA HVAC Actuators Market, by Country, 2021-2031 (Revenue, $Million)
Table 67. Latin America HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 68. Latin America HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 69. Latin America HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 70. Middle East HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 71. Middle East HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 72. Middle East HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 73. Africa HVAC Actuators Market, by Type, 2021-2031 (Revenue, $Million)
Table 74. Africa HVAC Actuators Market, by Technology, 2021-2031 (Revenue, $Million)
Table 75. Africa HVAC Actuators Market, by Application, 2021-2031 (Revenue, $Million)
Table 76. Continental AG: Key Executives
Table 77. Continental AG: Company Snapshot
Table 78. Continental AG: Service Segments
Table 79. Continental AG: Product Portfolio
Table 80. Continental AG: Key Strategies
Table 81. Denso Corporation: Key Executives
Table 82. Denso Corporation: Company Snapshot
Table 83. Denso Corporation: Service Segments
Table 84. Denso Corporation: Product Portfolio
Table 85. Dwyer Instruments Inc.: Key Executives
Table 86. Dwyer Instruments Inc.: Company Snapshot
Table 87. Dwyer Instruments Inc.: Product Segments
Table 88. Dwyer Instruments Inc.: Product Portfolio
Table 89. Dwyer Instruments Inc.: Key Strategies
Table 90. Electrocraft Inc.: Key Executives
Table 91. Electrocraft Inc.: Company Snapshot
Table 92. Electrocraft Inc.: Service Segments
Table 93. Electrocraft Inc.: Product Portfolio
Table 94. Honeywell International Inc.: Key Executives
Table 95. Honeywell International Inc.: Company Snapshot
Table 96. Honeywell International Inc.: Product Segments
Table 97. Honeywell International Inc.: Product Portfolio
Table 98. Honeywell International Inc.: Key Strategies
Table 99. Johnson Controls International PLC.: Key Executives
Table 100. Johnson Controls International PLC.: Company Snapshot
Table 101. Johnson Controls International PLC.: Service Segments
Table 102. Johnson Controls International PLC.: Product Portfolio
Table 103. Robert Bosch GmbH: Key Executives
Table 104. Robert Bosch GmbH: Company Snapshot
Table 105. Robert Bosch GmbH: Service Segments
Table 106. Robert Bosch GmbH: Product Portfolio
Table 107. Rotork PLC.: Key Executives
Table 108. Rotork PLC.: Company Snapshot
Table 109. Rotork PLC.: Service Segments
Table 110. Rotork PLC.: Product Portfolio
Table 111. Rotork PLC.: Key Strategies
Table 112. Schneider Electric SE: Key Executives
Table 113. Schneider Electric SE: Company Snapshot
Table 114. Schneider Electric SE: Service Segments
Table 115. Schneider Electric SE: Product Portfolio
Table 116. Siemens AG: Key Executives
Table 117. Siemens AG: Company Snapshot
Table 118. Siemens AG: Product Segments
Table 119. Siemens AG: Product Portfolio

List of Figures
Figure 01. HVAC Actuators Market, 2021-2031
Figure 02. Segmentation of HVAC Actuators Market, 2021-2031
Figure 03. Top Investment Pockets in HVAC Actuators Market (2022-2031)
Figure 04. High Bargaining Power of Suppliers
Figure 05. High Bargaining Power of Buyers
Figure 06. High Threat of Substitutes
Figure 07. High Threat of New Entrants
Figure 08. Moderate Intensity of Rivalry
Figure 09. Drivers, Restraints and Opportunities: GlobalHVAC Actuators Market
Figure 10. HVAC Actuators Market, by Type, 2021(%)
Figure 11. Comparative Share Analysis of HVAC Actuators Market for Spring Return, by Country 2021-2031(%)
Figure 12. Comparative Share Analysis of HVAC Actuators Market for Nоn Spring Return, by Country 2021-2031(%)
Figure 13. HVAC Actuators Market, by Technology, 2021(%)
Figure 14. Comparative Share Analysis of HVAC Actuators Market for Smart, by Country 2021-2031(%)
Figure 15. Comparative Share Analysis of HVAC Actuators Market for Conventional, by Country 2021-2031(%)
Figure 16. HVAC Actuators Market, by Application, 2021(%)
Figure 17. Comparative Share Analysis of HVAC Actuators Market for Commercial Building, by Country 2021-2031(%)
Figure 18. Comparative Share Analysis of HVAC Actuators Market for Industrial Facilities, by Country 2021-2031(%)
Figure 19. Comparative Share Analysis of HVAC Actuators Market for Public Utilities, by Country 2021-2031(%)
Figure 20. HVAC Actuators Market by Region, 2021
Figure 21. U.S. HVAC Actuators Market, 2021-2031 ($Million)
Figure 22. Canada HVAC Actuators Market, 2021-2031 ($Million)
Figure 23. Mexico HVAC Actuators Market, 2021-2031 ($Million)
Figure 24. Germany HVAC Actuators Market, 2021-2031 ($Million)
Figure 25. UK HVAC Actuators Market, 2021-2031 ($Million)
Figure 26. France HVAC Actuators Market, 2021-2031 ($Million)
Figure 27. Italy HVAC Actuators Market, 2021-2031 ($Million)
Figure 28. Rest of Europe HVAC Actuators Market, 2021-2031 ($Million)
Figure 29. China HVAC Actuators Market, 2021-2031 ($Million)
Figure 30. Japan HVAC Actuators Market, 2021-2031 ($Million)
Figure 31. South Korea HVAC Actuators Market, 2021-2031 ($Million)
Figure 32. India HVAC Actuators Market, 2021-2031 ($Million)
Figure 33. Rest of Asia-Pacific HVAC Actuators Market, 2021-2031 ($Million)
Figure 34. Latin America HVAC Actuators Market, 2021-2031 ($Million)
Figure 35. Middle East HVAC Actuators Market, 2021-2031 ($Million)
Figure 36. Africa HVAC Actuators Market, 2021-2031 ($Million)
Figure 37. Top Winning Strategies, by Year
Figure 38. Top Winning Strategies, by Development
Figure 39. Top Winning Strategies, by Company
Figure 40. Product Mapping of Top 10 Players
Figure 41. Competitive Dashboard
Figure 42. Competitive Heatmap: HVAC Actuators Market
Figure 43. Top Player Positioning, 2021
Figure 44. Continental AG: Net Revenue, 2019-2021 ($Million)
Figure 45. Continental AG: Research & Development Expenditure, 2019-2021
Figure 46. Continental AG: Revenue Share by Segment, 2021 (%)
Figure 47. Continental AG: Revenue Share by Region, 2021 (%)
Figure 48. Denso Corporation: Net Revenue, 2020-2022 ($Million)
Figure 49. Denso Corporation: Revenue Share by Region, 2022 (%)
Figure 50. Denso Corporation: Revenue Share by Segment, 2021 (%)
Figure 51. Honeywell International Inc.: Research & Development Expenditure, 2019-2021 ($Million)
Figure 52. Honeywell International Inc.: Net Sales, 2019-2021 ($Million)
Figure 53. Honeywell International Inc.: Revenue Share by Segment, 2021 (%)
Figure 54. Honeywell International Inc.: Revenue Share by Region, 2021 (%)
Figure 55. Johnson Controls International PLC.: Net Revenue, 2020-2022 ($Million)
Figure 56. Johnson Controls International PLC.: Revenue Share by Segment, 2022 (%)
Figure 57. Johnson Controls International PLC.: Revenue Share by Region, 2021 (%)
Figure 58. Robert Bosch GmbH: Net Revenue, 2019-2021 ($Million)
Figure 59. Robert Bosch GmbH: Research & Development Expenditure, 2019-2021
Figure 60. Robert Bosch GmbH: Revenue Share by Segment, 2021 (%)
Figure 61. Robert Bosch GmbH: Revenue Share by Region, 2021 (%)
Figure 62. Rotork PLC.: Net Revenue, 2019-2021 ($Million)
Figure 63. Rotork PLC.: Revenue Share by Segment, 2021 (%)
Figure 64. Rotork PLC.: Revenue Share by Region, 2021 (%)
Figure 65. Schneider Electric SE: Net Revenue, 2019-2021 ($Million)
Figure 66. Schneider Electric SE: Revenue Share by Segment, 2021 (%)
Figure 67. Schneider Electric SE: Revenue Share by Region, 2021 (%)
Figure 68. Siemens AG: Net Revenue, 2020-2022 ($Million)
Figure 69. Siemens AG: Revenue Share by Segment, 2022 (%)
Figure 70. Siemens AG: Revenue Share by Region, 2022 (%)

Executive Summary

According to the report titled, 'Hvac Actuators Market,' the HVAC actuators market was valued at $3.9 billion in 2021, and is estimated to reach $6.2 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031.

Actuators in HVAC systems regulate the dampers. The damper is positioned by the actuator by using a low-voltage signal or pneumatic pressure anywhere between fully open and fully closed. Zone dampers are a crucial component of an HVAC system, and without suitable actuators, the dampers won't operate at all.

Due to various developments in wireless sensor network technologies and wireless protocols, the utilization of BASs is rising significantly. Additionally, the increased demand for BAS implementation in office buildings and sizable shopping centers to boost management systems' productivity fuels the market's expansion on a global scale. The demand for HVAC actuators for such equipment is being driven by an increase in population and per capita income, which is generating demand for appliances like heaters and air conditioners. The population of cities is also expanding quickly. According to the WHO's estimates and projections, the world urban population would increase by around 1.84% a year until 2020, then by about 1.63% annually from 2025 to 2020, and by about 1.44% annually from 2025 to 2030.Moreover, key market players are focused on product launch strategy. For instance, 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. Furthermore, a rise in the demand for heating and cooling equipment across a number of industries has been driven on by increased commercial development activity, which is predicted to enhance demand for HVAC actuators. For instance, from 2016 to 2022, the commercial building sector in India is predicted to rise by around 4.0%. All of these occurrences are projected to support the market expansion for the HVAC actuators industry growth.

The variety of devices, including actuators and sensors that track and regulate temperature, airflow, and other variables, are included in the existing HVAC systems. One of the most complicated systems in industries is the HVAC system. These HVAC systems are susceptible to thermal sensitivity, cooling sensation, and electrical issues. Each facility project in which HVAC has been installed is distinctive and unique. Thus, the upgradation of the existing HVAC systems is a complex process and requires a clearly defined plan, which hampers the HVAC actuators market growth.

In addition, the outbreak of COVID-19 has led to a halt in logistic and manufacturing activities across the globe, which, in turn, has led to the interruption of the supply chain, thereby hindering the growth of the HVAC actuators market. However, this situation is expected to improve as the government is relaxing norms around the world for resuming business activities.

One of the major costs in managing both residential and business buildings is air conditioning. In order to control these expenditures and ensure the HVAC system operates effectively, end users are turning to cloud computing. Because of advantages including scalability, flexibility, and enhanced collaboration, cloud computing is growing in popularity in the HVAC industry. As a result, there is a greater demand for upgraded HVAC systems and HVAC actuators. This HVAC system's amazing efficiency is made possible by these electronics. In order to sustain and expand their clientele abroad, many organizations are focusing on the development of cloud computing in HVAC. It is therefore anticipated that the sum of all these factors would provide profitable opportunities for the expansion of the global HVAC actuators market during the course of the projected year.

The HVAC actuators market is segmented on the basis of type, technology, and application. Based on type, the market is divided into spring return HVAC actuator, and non-spring return HVAC actuators. Based on technology, the market is divided into smart, and conventional. Based on application, the market is segmented into a commercial buildings, industrial facilities, and public utilities. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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.

KEY FINDINGS OF THE STUDY

The report provides an extensive analysis of the current and emerging global HVAC actuators market trends and dynamics.

Based on valve type, the spring return HVAC actuator segment dominated the market in 2021.

Based on technology, the conventional segment dominated the market in 2021.

By application, the industrial facilities segment generated the highest revenue in 2021.

Region-wise, Asia-Pacific dominated the market in 2021. And LAMEA is anticipated to dominate the global HVAC actuators market exhibiting highest CAGR during the forecast period.

The report provides an extensive analysis of the global HVAC actuators market trends and emerging opportunities of the market.

The global HVAC actuators market forecast analysis from 2021 to 2031 is included in the report.

Companies Mentioned

• Continental AG
• Denso Corporation
• Dwyer Instruments Inc
• ElectroCraft Inc.
• Honeywell International Inc.
• Johnson Controls International plc.
• Robert Bosch GmbH
• Rotork Plc.
• Schneider Electric SE
• Siemens AG

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.