Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global AC HVAC Drives Market by Type (Below 10 KW, 10-100 KW, Above 100 KW), By Application (Air Handling Units, Cooling Towers, Pumps) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global AC HVAC Drives Market by Type (Below 10 KW, 10-100 KW, Above 100 KW), By Application (Air Handling Units, Cooling Towers, Pumps) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131406 3300 Machinery & Equipment 377 240 Pages 4.7 (37)

The global AC HVAC drives market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market can be attributed to the increasing demand for energy-efficient and sustainable buildings, which in turn is driving the demand for AC HVAC drives. The below 10 KW segment accounted for the largest share of the global AC HVAC drives market in 2017, followed by 1100 KW and above 100 KW segments. The below 10 KW segment is expected to continue its dominance throughout the forecast period due to its low cost and high efficiency levels as compared with other segments.

Some Of The Growth Factors Of This Market:

  1. Increasing demand for energy efficient AC HVAC Drives.
  2. Increasing demand for AC HVAC Drives in the commercial sector.
  3. Growing need for more efficient and sustainable cooling systems in the residential sector.
  4. Increasing use of AC HVAC Drives in developing countries.

Industry Growth Insights published a new data on “AC HVAC Drives Market”. The research report is titled “AC HVAC Drives Market research by Types (Below 10 KW, 10-100 KW, Above 100 KW), By Applications (Air Handling Units, Cooling Towers, Pumps), By Players/Companies ABB, Siemens, Danfoss Drives, Schneider Electric, Emerson (Nidec), Mitsubishi Electric, General?Electric, Fuji Electric, Hitachi, Yaskawa, Toshiba, WEG SA, Eaton”.

Scope Of The Report

Report Attributes

Report Details

Report Title

AC HVAC Drives Market Research Report

By Type

Below 10 KW, 10-100 KW, Above 100 KW

By Application

Air Handling Units, Cooling Towers, Pumps

By Companies

ABB, Siemens, Danfoss Drives, Schneider Electric, Emerson (Nidec), Mitsubishi Electric, General?Electric, Fuji Electric, Hitachi, Yaskawa, Toshiba, WEG SA, Eaton

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global AC HVAC Drives Industry Outlook

Global AC HVAC Drives Market Report Segments:

The global AC HVAC Drives market is segmented on the basis of:


Below 10 KW, 10-100 KW, Above 100 KW

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Air Handling Units, Cooling Towers, Pumps

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. ABB
  2. Siemens
  3. Danfoss Drives
  4. Schneider Electric
  5. Emerson (Nidec)
  6. Mitsubishi Electric
  7. General?Electric
  8. Fuji Electric
  9. Hitachi
  10. Yaskawa
  11. Toshiba
  12. WEG SA
  13. Eaton

Global AC HVAC Drives Market Overview

Highlights of The AC HVAC Drives Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Below 10 KW
    2. 10-100 KW
    3. Above 100 KW
  1. By Application:

    1. Air Handling Units
    2. Cooling Towers
    3. Pumps
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the AC HVAC Drives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

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Global AC HVAC Drives Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. AC HVAC Drives Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. AC HVAC Drives Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. AC HVAC Drives Market - Supply Chain
   4.5. Global AC HVAC Drives Market Forecast
      4.5.1. AC HVAC Drives Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. AC HVAC Drives Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. AC HVAC Drives Market Absolute $ Opportunity

5. Global AC HVAC Drives Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. AC HVAC Drives Market Size and Volume Forecast by Type
      5.3.1. Below 10 KW
      5.3.2. 10-100 KW
      5.3.3. Above 100 KW
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global AC HVAC Drives Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. AC HVAC Drives Market Size and Volume Forecast by Application
      6.3.1. Air Handling Units
      6.3.2. Cooling Towers
      6.3.3. Pumps
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global AC HVAC Drives Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. AC HVAC Drives Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global AC HVAC Drives Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. AC HVAC Drives Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global AC HVAC Drives Demand Share Forecast, 2019-2029

9. North America AC HVAC Drives Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America AC HVAC Drives Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America AC HVAC Drives Market Size and Volume Forecast by Application
      9.4.1. Air Handling Units
      9.4.2. Cooling Towers
      9.4.3. Pumps
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America AC HVAC Drives Market Size and Volume Forecast by Type
      9.7.1. Below 10 KW
      9.7.2. 10-100 KW
      9.7.3. Above 100 KW
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America AC HVAC Drives Demand Share Forecast, 2019-2029

10. Latin America AC HVAC Drives Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America AC HVAC Drives Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America AC HVAC Drives Market Size and Volume Forecast by Application
      10.4.1. Air Handling Units
      10.4.2. Cooling Towers
      10.4.3. Pumps
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America AC HVAC Drives Market Size and Volume Forecast by Type
      10.7.1. Below 10 KW
      10.7.2. 10-100 KW
      10.7.3. Above 100 KW
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America AC HVAC Drives Demand Share Forecast, 2019-2029

11. Europe AC HVAC Drives Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe AC HVAC Drives Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe AC HVAC Drives Market Size and Volume Forecast by Application
      11.4.1. Air Handling Units
      11.4.2. Cooling Towers
      11.4.3. Pumps
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe AC HVAC Drives Market Size and Volume Forecast by Type
      11.7.1. Below 10 KW
      11.7.2. 10-100 KW
      11.7.3. Above 100 KW
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/rowth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe AC HVAC Drives Demand Share, 2019-2029

12. Asia Pacific AC HVAC Drives Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific AC HVAC Drives Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific AC HVAC Drives Market Size and Volume Forecast by Application
      12.4.1. Air Handling Units
      12.4.2. Cooling Towers
      12.4.3. Pumps
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific AC HVAC Drives Market Size and Volume Forecast by Type
      12.7.1. Below 10 KW
      12.7.2. 10-100 KW
      12.7.3. Above 100 KW
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific AC HVAC Drives Demand Share, 2019-2029

13. Middle East & Africa AC HVAC Drives Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa AC HVAC Drives Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa AC HVAC Drives Market Size and Volume Forecast by Application
      13.4.1. Air Handling Units
      13.4.2. Cooling Towers
      13.4.3. Pumps
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa AC HVAC Drives Market Size and Volume Forecast by Type
      13.7.1. Below 10 KW
      13.7.2. 10-100 KW
      13.7.3. Above 100 KW
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa AC HVAC Drives Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global AC HVAC Drives Market: Market Share Analysis
   14.2. AC HVAC Drives Distributors and Customers
   14.3. AC HVAC Drives Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. ABB Overview Financials Developments Strategic Outlook
      14.4.2. Siemens Overview Financials Developments Strategic Outlook
      14.4.3. Danfoss Drives Overview Financials Developments Strategic Outlook
      14.4.4. Schneider Electric Overview Financials Developments Strategic Outlook
      14.4.5. Emerson (Nidec) Overview Financials Developments Strategic Outlook
      14.4.6. Mitsubishi Electric Overview Financials Developments Strategic Outlook
      14.4.7. General?Electric Overview Financials Developments Strategic Outlook
      14.4.8. Fuji Electric Overview Financials Developments Strategic Outlook
      14.4.9. Hitachi Overview Financials Developments Strategic Outlook
      14.4.10. Yaskawa Overview Financials Developments Strategic Outlook
      14.4.11. Toshiba Overview Financials Developments Strategic Outlook
      14.4.12. WEG SA Overview Financials Developments Strategic Outlook
      14.4.13. Eaton Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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