Damper Actuators Market 6.62% CAGR Growth Report by 2021
2021 Damper Actuators market growth report now available on RnRMarketResearch.com. The latest trend gaining momentum in the Damper Actuators market is Growth in non-residential applications due to standardization of building design and approval procedures. The market for damper actuators is currently dominated by commercial and residential end-users. However, the tendency is slowly shifting toward non-residential because efficiency standards for commercial and industrial buildings have been made mandatory across several countries. There have been major common areas of distinction in terms of building design standards across many countries, which made building construction operators in developed countries to expand their activities out of their home country.
Complete report on Damper Actuators Market spread across 82 pages, analysing 17 major companies, now available at http://www.rnrmarketresearch.com/global-damper-actuators-market-2017-2021-market-report.html .
The analysts forecast global damper actuators market to grow at a CAGR of 6.62% during the period 2017-2021. According to the damper actuators report, one of the major drivers for this market is Integration of comprehensive building solutions in US. OEMs of damper actuators find it challenging to design HVAC ductless and zonal systems for customized commercial buildings. There have been significant orders and pent-up demand from commercial building operators for this equipment previously. During 2014-2015, around 67% of the commercial buildings in the US used natural gas for heating, and most of the remaining with electricity. Within the electrically heated buildings, 70% are ducted and the remaining have zonal systems. Moreover, it was noted that zonal systems are gaining acceptance, although limited to a few regions and concentrating on their core competencies to unleash the unmet opportunity.
Further, the damper actuators market report states that one of the major factors hindering the growth of this market is HVAC ecosystem barriers. In Residential sector there are various challenges related to upfront costs associated with high-efficiency HVAC options for residential and small commercial end-users. As the flow of the supply chain directly comes from the builders, whenever any equipment fails, the owner of the building will be greatly influenced by the contractor’s choice of network and availability, including cost.
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Global damper actuators market key players are Belimo, Honeywell, Johnson Controls, Schneider Electric, and Siemens. Other Prominent Vendors in the market are: Rotork, TAMCO, Azbil, Hansen, KMC Controls, Neptronic Environmental Products, Dura Controls, Kinetrol, Regin Controls, Greenheck Fan Corporation, Dwyer Instruments, and Jackson Systems.
List of Exhibits
Exhibit 01: Global damper actuators market segmentation
Exhibit 02: Supply chain analysis
Exhibit 03: Global Damper actuators market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global damper actuators market by type
Exhibit 06: Global non-spring return damper actuators market 2016-2021 ($ millions)
Exhibit 07: Global spring return damper actuators market 2016-21 ($ million)
Exhibit 08: Global damper actuators market by end-user 2016 (% share)
Exhibit 09: Global damper actuators market by end-user 2021 (% share)
Exhibit 10: Global damper actuators market by end user share 2016-2021 (% share)
Exhibit 11: Global damper actuators market in commercial buildings 2016-21 ($ millions) and more..
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