PUBLISHER: TechNavio | PRODUCT CODE: 1723044
PUBLISHER: TechNavio | PRODUCT CODE: 1723044
The damper actuators market is forecasted to grow by USD 1141.9 mn during 2024-2029, accelerating at a CAGR of 10.2% during the forecast period. The report on the damper actuators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for enhanced energy efficiency in hvac systems, surge in construction activity with access to affordable technology, and stringent building energy efficiency regulations and standards.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 9% |
CAGR | 10.2% |
Incremental Value | $1141.9 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's damper actuators market is segmented as below:
By Type
By End-user
By Capacity
By Geographical Landscape
This study identifies the increasing adoption of iot-enabled damper actuators as one of the prime reasons driving the damper actuators market growth during the next few years. Also, integration of damper actuators with bems and increased adoption of two-position actuators will lead to sizable demand in the market.
The report on the damper actuators market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading damper actuators market vendors that include AB Regin, Azbil Corp., BELIMO Holding AG, Chao Feng Technology Ningbo Co. Ltd., Dura Control Systems, Dwyer Instruments LLC, ElectroCraft Inc., Greenheck Fan Corp., Honeywell International Inc., HONUTEC BV, iO HVAC Controls, Johnson Controls International Plc, Kinetrol Ltd., KMC Controls Inc., Matsushima Measure Tech Co. Ltd., Rotork Plc, Schneider Electric SE, Siemens AG, Sontay Ltd., and Soolon Controls Beijing Co. Ltd.. Also, the damper actuators market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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