USA HVAC Motors Market Research Report - Forecast to 2027

USA HVAC Motors Market Information by Types (Chiller/Cooling Tower Motors, Fan and Blower Motors, Condenser Fan Motors and Shaft Grounding Motors), by Applications (Unitary, Furnace, WSHP, Air Conditioner, Heat Pump, Ventilator, Air Handler and Fan Powered Terminal Unit) - Forecast To 2027

ID: MRFR/E&P/0681-CR | October 2020 | Region: Global | 85 pages

HVAC Motors Market Synopsis


USA HVAC motors market is poised to reach USD 11,193 million in 2015 from $17,257 million in 2021, with a CAGR of 7.5% during the forecasted period.
The USA HVAC motors market has seen a tremendous growth over the past few years and it has been estimated that the growth pattern will continue due to huge demand of HVAC motors in the application segment such as unitary, furnace, WSHP, air conditioner, heat pump, ventilator, air handler and fan powered terminal unit. To meet the current demand it was analyzed that the production of HVAC motors has been increased. The growing infrastructure and construction industry is one of the major reason for this kind of growth.


Segmentation As per MRFR analysis, the USA HVAC Motors Market has been segmented into:


By Types: chiller/cooling tower motors, fan and blower motors, condenser fan motors and shaft grounding motors


By Applications: unitary, furnace, WSHP, air conditioner, heat pump, ventilator, air handler and fan powered terminal unit


Key Players The leading market players in the USA HVAC motors market primarily include Baldor, Marathon Electric Motors, Us Motors, Fasco Motors, Genteq Motors and others.


The reports also covers brief analysis of Geographical Region includes:


USA

  • California

  • Texas

  • Washington

  • Others


Study Objectives of HVAC Motors Market



  • To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the USA HVAC Motors Market

  • To provide insights about factors affecting the market growth

  • To Analyse the USA HVAC Motors Market based on various factors- price analysis, supply chain analysis, manufacturing cost structure analysis etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to the United States

  • To provide country-level analysis of the market with respect to the current market size and future prospective

  • To provide country-level analysis of the market for segment by types and applications

  • To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market

  • To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the USA HVAC Motors Market


HVAC (Heating, Ventilation and Air Conditioning) is the technology of controlling and monitoring indoor and vehicular environments. Sometimes, HVAC is used to characterize the added field of Refrigeration. HVAC systems are needed in office and industrial buildings to manage the costs of cooling and heating, specifically when the assembly is large and it needs different temperature zones across the building.

The market report for HVAC Motors Marketof Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.



Report Scope:
Report Attribute/Metric Details
  Market Size   2021:USD17257 Million
  CAGR   7.5%CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Types and applications
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Baldor, Marathon Electric Motors, Us Motors, Fasco Motors, Genteq Motors and others.
  Key Market Opportunities   Huge demand of HVAC motors in the application segment
  Key Market Drivers   Growing infrastructure and construction industry


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Frequently Asked Questions (FAQ) :


The growth pattern change because of huge demand of HVAC motors in the application segment such as unitary, furnace, WSHP, air conditioner, heat pump, ventilator, air handler and fan powered terminal unit are the key drivers of the market.

Baldor, Marathon Electric Motors, Us Motors, Fasco Motors, Genteq Motors are the key companies leading in the market share.

The types and applications are the segments of the market.

2015 to 2021 is the growth period of the market.

The market will be recording a CAGR of 7.5% in the forecasted period.