Analysts’ Viewpoint
Expansion of the oil and gas industry and developments in the automobile industry are driving the global HVAC motor industry. Increase in interest of manufacturers to explore rural markets is also augmenting market statistics. Furthermore, advancements in technology are creating lucrative HVAC motor market opportunities for manufacturers. For instance, the latest generation of AI-based automated heating systems introduced in the market.
The global HVAC motor market has unquestionably grown as a result of technology that significantly contributes to meeting the rise in demand for energy saving solutions. While mechanical advancements and increased efficiency were the primary focus of the initial HVAC motor market development, the current HVAC motor market trends focus on shifting toward sustainability, comfort, and energy efficiency.
The HVAC motor is a component of the heating and cooling system that dispels conditioned air from the furnace, or air conditioner in commercial or industrial settings. The HVAC motor pushes the heated or cooled air through the ductwork and out of the room through the vents.
The majority of residential and commercial areas are being reshaped as a result of the increased use of cutting-edge technologies in recent years. The development of highly intelligent, fully automated HVAC blower motor technologies is an ongoing trend.
The different types of HVAC motors include PSC (Permanent Split Capacitor) motors, a type of AC single-phase induction motor with mid-level characteristics; split phase motor, which has a main winding and a start winding that provides additional torque during start-up; and shaded pole motors that are a straightforward, minimal expense single-stage AC enlistment engine.
Global expansion in the oil and gas industry is anticipated to boost the HVAC motor market growth during the forecast period. HVAC significantly contributes to increased safety by preventing hazards during the production process and providing conducive thermal conditions.
The oil and natural gas sector contributes 7% of the gross domestic product to the United States and supports nine million jobs, according to the American Petroleum Institute. European gas reserves can be used to achieve the EU's goal of climate neutrality by complementing the deployment of renewable energy and much-needed energy savings.
Asia Pacific represented 8.4% of the world's oil creation in 2020. In the Middle East, the oil and gas industry accounts for 30% of the UAE's GDP and 13% of its exports.
Only the highest quality industrial fans and other ventilation equipment can meet the demands of oil, petroleum, and gas industries for HVAC reliability and sustainability. Unlike any other industry, the oil, petroleum, and natural gas refining process generate a tremendous amount of heat, corrosion, moisture, fumes, and noise. As a result, oil refineries, extraction facilities, and other gas facilities need dependable, robust HVAC motor equipment paired with an appropriate ventilation system. Hence, extensive usage in the oil and gas sector is fuelling the HVAC motors market size.
The rise in demand for machine control in the vehicle business is one of the key factors anticipated to drive global HVAC motor market progress.
According to the most recent survey conducted by the U.S. Census Bureau, 92% of American households owned at least one vehicle. The country's high demand for automobiles results in an active automotive industry. The automotive industry in the European Union is the largest private investor in R&D, making it one of the world's largest producers. Over 7% of the GDP in the European Union is generated by the automotive industry's turnover.
HVAC motors are frequently utilized in automobiles to maintain HVAC systems in vehicles, for internal temperature regulation, window defrosting, and engine cooling. Besides, the rise in the production of auto parts globally is expected to expand the HVAC motor market demand, as these HVAC motors are used in a variety of automotive applications such as fan motors and air conditioning blowers.
Europe and North America are expected to hold the majority of the HVAC motor market share due to the growing automobile industry and rise in oil and gas demand in the regions
As per the HVAC motor market analysis, Asia Pacific is expected to have the highest growth rate due to the presence of oil and gas industries in the region. The focus on promoting sustainable building practices and initiatives to improve air quality in cities by the Indian government is expected to be a major factor driving the demand for HVAC systems in the country.
The HVAC motor market in the Middle East & Africa is anticipated to also hold a vital share of the global landscape due to the UAE's exploration projects, which are likely to provide opportunities for Greenfield projects. The Abu Dhabi National Oil Company (ADNOC) intends to construct a brand new liquefied natural gas plant in Fujairah that would produce as much as 9.6 million tons annually and more than double its export capacity.
Investments in R&D activities, product expansions, and mergers and acquisitions are the business model of prominent HVAC motor manufacturers. Product development is a major marketing strategy of the HVAC motor market's top players. The market is highly competitive, with the presence of various global and regional players.
ABB, Emerson Electric Co, GE, Hitachi (Johnson Controls), Ingersoll-Rand Plc, Mitsubishi Electric, Regal Beloit Corporation, Rockwell Automation, Siemens, and W. W. Grainger, Inc. are the prominent entities profiled in the HVAC motor market.
Each of these players has been profiled in the HVAC motor market research based on parameters such as company overview, business strategies, financial overview, product portfolio, recent developments, and business segments.
|
Attribute |
Detail |
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Market Size Value in 2022 |
US$ 16.1 Bn |
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Market Forecast Value in 2031 |
US$ 25.1 Bn |
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Growth Rate (CAGR) |
5.2% |
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Forecast Period |
2023–2031 |
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Historical Data Available for |
2017–2021 |
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Quantitative Units |
US$ Bn for Value & Thousand Units for Volume |
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Market Analysis |
Includes cross segment analysis at regional as well as country level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
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Competition Landscape |
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|
Format |
Electronic (PDF) + Excel |
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Market Segmentation |
|
|
Region Covered |
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Countries Covered |
|
|
Companies Profiled |
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Customization Scope |
Available upon request |
|
Pricing |
Available upon request |
It was valued at US$ 16.1 Bn in 2022.
It is estimated to expand at a CAGR of 5.2% from 2023 to 2031.
Expansion of the oil and gas industry, and rise in automobile industry.
In terms of product type, the permanent split capacitor motors segment accounted for significant share in 2022.
Asia Pacific is likely to be one of the lucrative markets in the next few years.
ABB, Emerson Electric Co, GE, Hitachi (Johnson Controls), Ingersoll-Rand Plc, Mitsubishi Electric, Regal Beloit Corporation, Rockwell Automation, Siemens, and W. W. Grainger, Inc.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.2. Key Trends Analysis
5.2.1. Demand Side Analysis
5.2.2. Supply Side Analysis
5.3. Key Market Indicators
5.3.1. Overall Electric Motor Market Overview
5.4. Industry SWOT Analysis
5.5. Technology Overview
5.6. Porter’s Five Forces Analysis
5.7. Value Chain Analysis
5.8. COVID-19 Impact Analysis
5.9. Regulatory Framework
5.10. Global HVAC Motor Market Analysis and Forecast,
5.10.1. Market Revenue Projections (US$ Bn)
5.10.2. Market Revenue Projections (Thousand Units)
6. Global HVAC Motor Market Analysis and Forecast, by Product Type
6.1. Global HVAC Motor Market Size (US$ Bn) (Thousand Units), by Product Type, 2017- 2031
6.1.1. PSC (Permanent Split Capacitor) Motors
6.1.2. Split Phase Motors
6.1.3. Shaded Pole Motors
6.2. Incremental Opportunity, by Product Type
7. Global HVAC Motor Market Analysis and Forecast, by Speed
7.1. Global HVAC Motor Market Size (US$ Bn) (Thousand Units), by Speed, 2017- 2031
7.1.1. Low Speed Motors
7.1.2. Medium Speed Motors
7.1.3. High Speed Motors
7.2. Incremental Opportunity, by Speed
8. Global HVAC Motor Market Analysis and Forecast, by End-use Industry
8.1. Global HVAC Motor Market Size (US$ Bn) (Thousand Units), by End-use Industry, 2017- 2031
8.1.1. Automobile
8.1.2. Food & Beverages
8.1.3. Oil & Gas
8.1.4. Petrochemicals
8.1.5. Agriculture
8.1.6. Marine
8.1.7. Aerospace & Transportation
8.1.8. Others
8.2. Incremental Opportunity, by End-use Industry
9. Global HVAC Motor Market Analysis and Forecast, by Distribution Channel
9.1. Global HVAC Motor Market Size (US$ Bn) (Thousand Units), by Distribution Channel, 2017- 2031
9.1.1. Direct Sales
9.1.2. Indirect Sales
9.2. Incremental Opportunity, by Distribution Channel
10. Global HVAC Motor Market Analysis and Forecast, by Region
10.1. Global HVAC Motor Market Size (US$ Bn) (Thousand Units), by Region, 2017- 2031
10.1.1. North America
10.1.2. Europe
10.1.3. Asia Pacific
10.1.4. Middle East & Africa
10.1.5. South America
10.2. Incremental Opportunity, by Region
11. North America HVAC Motor Market Analysis and Forecast
11.1. Regional Snapshot
11.2. Key Supplier Analysis
11.3. Key Trends Analysis
11.3.1. Supply side
11.3.2. Demand Side
11.4. Price Trend Analysis
11.4.1. Weighted Average Selling Price (US$)
11.5. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Product Type, 2017- 2031
11.5.1. PSC (Permanent Split Capacitor) Motors
11.5.2. Split Phase Motors
11.5.3. Shaded Pole Motors
11.6. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Speed, 2017- 2031
11.6.1. Low Speed Motors
11.6.2. Medium Speed Motors
11.6.3. High Speed Motors
11.7. HVAC Motor Market Size (US$ Bn) (Thousand Units), by End-use Industry, 2017- 2031
11.7.1. Automobile
11.7.2. Food & Beverages
11.7.3. Oil & Gas
11.7.4. Petrochemicals
11.7.5. Agriculture
11.7.6. Marine
11.7.7. Aerospace & Transportation
11.7.8. Others
11.8. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Distribution Channel, 2017- 2031
11.8.1. Direct Sales
11.8.2. Indirect Sales
11.9. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Country/Sub-region, 2017- 2031
11.9.1. U.S.
11.9.2. Canada
11.9.3. Rest of North America
11.10. Incremental Opportunity Analysis
12. Europe HVAC Motor Market Analysis and Forecast
12.1. Regional Snapshot
12.2. Key Supplier Analysis
12.3. Key Trends Analysis
12.3.1. Supply side
12.3.2. Demand Side
12.4. Price Trend Analysis
12.4.1. Weighted Average Selling Price (US$)
12.5. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Product Type, 2017- 2031
12.5.1. PSC (Permanent Split Capacitor) Motors
12.5.2. Split Phase Motors
12.5.3. Shaded Pole Motors
12.6. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Speed, 2017- 2031
12.6.1. Low Speed Motors
12.6.2. Medium Speed Motors
12.6.3. High Speed Motors
12.7. HVAC Motor Market Size (US$ Bn) (Thousand Units), by End-use Industry, 2017- 2031
12.7.1. Automobile
12.7.2. Food & Beverages
12.7.3. Oil & Gas
12.7.4. Petrochemicals
12.7.5. Agriculture
12.7.6. Marine
12.7.7. Aerospace & Transportation
12.7.8. Others
12.8. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Distribution Channel, 2017- 2031
12.8.1. Direct Sales
12.8.2. Indirect Sales
12.9. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Country/Sub-region, 2017- 2031
12.9.1. U.K.
12.9.2. Germany
12.9.3. France
12.9.4. Rest of Europe
12.10. Incremental Opportunity Analysis
13. Asia Pacific HVAC Motor Market Analysis and Forecast
13.1. Regional Snapshot
13.2. Key Supplier Analysis
13.3. Key Trends Analysis
13.3.1. Supply side
13.3.2. Demand Side
13.4. Price Trend Analysis
13.4.1. Weighted Average Selling Price (US$)
13.5. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Product Type, 2017- 2031
13.5.1. PSC (Permanent Split Capacitor) Motors
13.5.2. Split Phase Motors
13.5.3. Shaded Pole Motors
13.6. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Speed, 2017- 2031
13.6.1. Low Speed Motors
13.6.2. Medium Speed Motors
13.6.3. High Speed Motors
13.7. HVAC Motor Market Size (US$ Bn) (Thousand Units), by End-use Industry, 2017- 2031
13.7.1. Automobile
13.7.2. Food & Beverages
13.7.3. Oil & Gas
13.7.4. Petrochemicals
13.7.5. Agriculture
13.7.6. Marine
13.7.7. Aerospace & Transportation
13.7.8. Others
13.8. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Distribution Channel, 2017- 2031
13.8.1. Direct Sales
13.8.2. Indirect Sales
13.9. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Country/Sub-region, 2017- 2031
13.9.1. China
13.9.2. India
13.9.3. Japan
13.9.4. Rest of Asia Pacific
13.10. Incremental Opportunity Analysis
14. Middle East & Africa HVAC Motor Market Analysis and Forecast
14.1. Regional Snapshot
14.2. Key Supplier Analysis
14.3. Key Trends Analysis
14.3.1. Supply side
14.3.2. Demand Side
14.4. Price Trend Analysis
14.4.1. Weighted Average Selling Price (US$)
14.5. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Product Type, 2017- 2031
14.5.1. PSC (Permanent Split Capacitor) Motors
14.5.2. Split Phase Motors
14.5.3. Shaded Pole Motors
14.6. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Speed, 2017- 2031
14.6.1. Low Speed Motors
14.6.2. Medium Speed Motors
14.6.3. High Speed Motors
14.7. HVAC Motor Market Size (US$ Bn) (Thousand Units), by End-use Industry, 2017- 2031
14.7.1. Automobile
14.7.2. Food & Beverages
14.7.3. Oil & Gas
14.7.4. Petrochemicals
14.7.5. Agriculture
14.7.6. Marine
14.7.7. Aerospace & Transportation
14.7.8. Others
14.8. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Distribution Channel, 2017- 2031
14.8.1. Direct Sales
14.8.2. Indirect Sales
14.9. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Country/Sub-region, 2017- 2031
14.9.1. GCC
14.9.2. South Africa
14.9.3. Rest of Middle East & Africa
14.10. Incremental Opportunity Analysis
15. South America HVAC Motor Market Analysis and Forecast
15.1. Regional Snapshot
15.2. Key Supplier Analysis
15.3. Key Trends Analysis
15.3.1. Supply side
15.3.2. Demand Side
15.4. Price Trend Analysis
15.4.1. Weighted Average Selling Price (US$)
15.5. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Product Type, 2017- 2031
15.5.1. PSC (Permanent Split Capacitor) Motors
15.5.2. Split Phase Motors
15.5.3. Shaded Pole Motors
15.6. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Speed, 2017- 2031
15.6.1. Low Speed Motors
15.6.2. Medium Speed Motors
15.6.3. High Speed Motors
15.7. HVAC Motor Market Size (US$ Bn) (Thousand Units), by End-use Industry, 2017- 2031
15.7.1. Automobile
15.7.2. Food & Beverages
15.7.3. Oil & Gas
15.7.4. Petrochemicals
15.7.5. Agriculture
15.7.6. Marine
15.7.7. Aerospace & Transportation
15.7.8. Others
15.8. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Distribution Channel, 2017- 2031
15.8.1. Direct Sales
15.8.2. Indirect Sales
15.9. HVAC Motor Market Size (US$ Bn) (Thousand Units), by Country/Sub-region, 2017- 2031
15.9.1. Brazil
15.9.2. Rest of South America
15.10. Incremental Opportunity Analysis
16. Competition Landscape
16.1. Competition Dashboard
16.2. Market Share Analysis % (2022)
16.3. Company Profiles [Company Overview, Product Portfolio, Financial Information, (Subject to Data Availability), Distribution channel overview, Business Strategies / Recent Developments]
16.3.1. ABB
16.3.1.1. Company Overview
16.3.1.2. Product Portfolio
16.3.1.3. Financial Information
16.3.1.4. (Subject to Data Availability)
16.3.1.5. Distribution channel overview
16.3.1.6. Business Strategies / Recent Developments
16.3.2. Emerson Electric Co
16.3.2.1. Company Overview
16.3.2.2. Product Portfolio
16.3.2.3. Financial Information
16.3.2.4. (Subject to Data Availability)
16.3.2.5. Distribution channel overview
16.3.2.6. Business Strategies / Recent Developments
16.3.3. GE
16.3.3.1. Company Overview
16.3.3.2. Product Portfolio
16.3.3.3. Financial Information
16.3.3.4. (Subject to Data Availability)
16.3.3.5. Distribution channel overview
16.3.3.6. Business Strategies / Recent Developments
16.3.4. Hitachi (Johnson Controls)
16.3.4.1. Company Overview
16.3.4.2. Product Portfolio
16.3.4.3. Financial Information
16.3.4.4. (Subject to Data Availability)
16.3.4.5. Distribution channel overview
16.3.4.6. Business Strategies / Recent Developments
16.3.5. Ingersoll-Rand Plc
16.3.5.1. Company Overview
16.3.5.2. Product Portfolio
16.3.5.3. Financial Information
16.3.5.4. (Subject to Data Availability)
16.3.5.5. Distribution channel overview
16.3.5.6. Business Strategies / Recent Developments
16.3.6. Mitsubishi Electric
16.3.6.1. Company Overview
16.3.6.2. Product Portfolio
16.3.6.3. Financial Information
16.3.6.4. (Subject to Data Availability)
16.3.6.5. Distribution channel overview
16.3.6.6. Business Strategies / Recent Developments
16.3.7. Regal Beloit Corporation
16.3.7.1. Company Overview
16.3.7.2. Product Portfolio
16.3.7.3. Financial Information
16.3.7.4. (Subject to Data Availability)
16.3.7.5. Distribution channel overview
16.3.7.6. Business Strategies / Recent Developments
16.3.8. Rockwell Automation
16.3.8.1. Company Overview
16.3.8.2. Product Portfolio
16.3.8.3. Financial Information
16.3.8.4. (Subject to Data Availability)
16.3.8.5. Distribution channel overview
16.3.8.6. Business Strategies / Recent Developments
16.3.9. Siemens
16.3.9.1. Company Overview
16.3.9.2. Product Portfolio
16.3.9.3. Financial Information
16.3.9.4. (Subject to Data Availability)
16.3.9.5. Distribution channel overview
16.3.9.6. Business Strategies / Recent Developments
16.3.10. W. W. Grainger, Inc.
16.3.10.1. Company Overview
16.3.10.2. Product Portfolio
16.3.10.3. Financial Information
16.3.10.4. (Subject to Data Availability)
16.3.10.5. Distribution channel overview
16.3.10.6. Business Strategies / Recent Developments
17. Key Takeaways
17.1. Identification of Potential Market Spaces
17.1.1. By Product Type
17.1.2. By Speed
17.1.3. By End-use Industry
17.1.4. By Distribution Channel
17.1.5. By Region
17.2. Understanding the Procurement Process of End-users
17.3. Preferred Sales & Marketing Strategy
List of Tables
Table 1: Global HVAC Motor Market Value (US$ Bn), by Product Type, 2017-2031
Table 2: Global HVAC Motor Market Volume (Thousand Units), by Product Type 2017-2031
Table 3: Global HVAC Motor Market Value (US$ Bn), by Speed, 2017-2031
Table 4: Global HVAC Motor Market Volume (Thousand Units), by Speed 2017-2031
Table 5: Global HVAC Motor Market Value (US$ Bn), by End-use Industry, 2017-2031
Table 6: Global HVAC Motor Market Volume (Thousand Units), by End-use Industry 2017-2031
Table 7: Global HVAC Motor Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 8: Global HVAC Motor Market Volume (Thousand Units), by Distribution Channel 2017-2031
Table 9: Global HVAC Motor Market Value (US$ Bn), by Region, 2017-2031
Table 10: Global HVAC Motor Market Volume (Thousand Units), by Region 2017-2031
Table 11: North America HVAC Motor Market Value (US$ Bn), by Product Type, 2017-2031
Table 12: North America HVAC Motor Market Volume (Thousand Units), by Product Type 2017-2031
Table 13: North America HVAC Motor Market Value (US$ Bn), by Speed, 2017-2031
Table 14: North America HVAC Motor Market Volume (Thousand Units), by Speed 2017-2031
Table 15: North America HVAC Motor Market Value (US$ Bn), by End-use Industry, 2017-2031
Table 16: North America HVAC Motor Market Volume (Thousand Units), by End-use Industry 2017-2031
Table 17: North America HVAC Motor Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 18: North America HVAC Motor Market Volume (Thousand Units), by Distribution Channel 2017-2031
Table 19: North America HVAC Motor Market Value (US$ Bn), by Region, 2017-2031
Table 20: North America HVAC Motor Market Volume (Thousand Units), by Region 2017-2031
Table 21: Europe HVAC Motor Market Value (US$ Bn), by Product Type, 2017-2031
Table 22: Europe HVAC Motor Market Volume (Thousand Units), by Product Type 2017-2031
Table 23: Europe HVAC Motor Market Value (US$ Bn), by Speed, 2017-2031
Table 24: Europe HVAC Motor Market Volume (Thousand Units), by Speed 2017-2031
Table 25: Europe HVAC Motor Market Value (US$ Bn), by End-use Industry, 2017-2031
Table 26: Europe HVAC Motor Market Volume (Thousand Units), by End-use Industry 2017-2031
Table 27: Europe HVAC Motor Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 28: Europe HVAC Motor Market Volume (Thousand Units), by Distribution Channel 2017-2031
Table 29: Europe HVAC Motor Market Value (US$ Bn), by Region, 2017-2031
Table 30: Europe HVAC Motor Market Volume (Thousand Units), by Region 2017-2031
Table 31: Asia Pacific HVAC Motor Market Value (US$ Bn), by Product Type, 2017-2031
Table 32: Asia Pacific HVAC Motor Market Volume (Thousand Units), by Product Type 2017-2031
Table 33: Asia Pacific HVAC Motor Market Value (US$ Bn), by Speed, 2017-2031
Table 34: Asia Pacific HVAC Motor Market Volume (Thousand Units), by Speed 2017-2031
Table 35: Asia Pacific HVAC Motor Market Value (US$ Bn), by End-use Industry, 2017-2031
Table 36: Asia Pacific HVAC Motor Market Volume (Thousand Units), by End-use Industry 2017-2031
Table 37: Asia Pacific HVAC Motor Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 38: Asia Pacific HVAC Motor Market Volume (Thousand Units), by Distribution Channel 2017-2031
Table 39: Asia Pacific HVAC Motor Market Value (US$ Bn), by Region, 2017-2031
Table 40: Asia Pacific HVAC Motor Market Volume (Thousand Units), by Region 2017-2031
Table 41: Middle East & Africa HVAC Motor Market Value (US$ Bn), by Product Type, 2017-2031
Table 42: Middle East & Africa HVAC Motor Market Volume (Thousand Units), by Product Type 2017-2031
Table 43: Middle East & Africa HVAC Motor Market Value (US$ Bn), by Speed, 2017-2031
Table 44: Middle East & Africa HVAC Motor Market Volume (Thousand Units), by Speed 2017-2031
Table 45: Middle East & Africa HVAC Motor Market Value (US$ Bn), by End-use Industry, 2017-2031
Table 46: Middle East & Africa HVAC Motor Market Volume (Thousand Units), by End-use Industry 2017-2031
Table 47: Middle East & Africa HVAC Motor Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 48: Middle East & Africa HVAC Motor Market Volume (Thousand Units), by Distribution Channel 2017-2031
Table 49: Middle East & Africa HVAC Motor Market Value (US$ Bn), by Region, 2017-2031
Table 50: Middle East & Africa HVAC Motor Market Volume (Thousand Units), by Region 2017-2031
Table 51: South America HVAC Motor Market Value (US$ Bn), by Product Type, 2017-2031
Table 52: South America HVAC Motor Market Volume (Thousand Units), by Product Type 2017-2031
Table 53: South America HVAC Motor Market Value (US$ Bn), by Speed, 2017-2031
Table 54: South America HVAC Motor Market Volume (Thousand Units), by Speed 2017-2031
Table 55: South America HVAC Motor Market Value (US$ Bn), by End-use Industry, 2017-2031
Table 56: South America HVAC Motor Market Volume (Thousand Units), by End-use Industry 2017-2031
Table 57: South America HVAC Motor Market Value (US$ Bn), by Distribution Channel, 2017-2031
Table 58: South America HVAC Motor Market Volume (Thousand Units), by Distribution Channel 2017-2031
Table 59: South America HVAC Motor Market Value (US$ Bn), by Region, 2017-2031
Table 60: South America HVAC Motor Market Volume (Thousand Units), by Region 2017-2031
List of Figures
Figure 1: Global HVAC Motor Market Value (US$ Bn), by Product Type, 2017-2031
Figure 2: Global HVAC Motor Market Volume (Thousand Units), by Product Type 2017-2031
Figure 3: Global HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 4: Global HVAC Motor Market Value (US$ Bn), by Speed, 2017-2031
Figure 5: Global HVAC Motor Market Volume (Thousand Units), by Speed 2017-2031
Figure 6: Global HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Speed, 2023-2031
Figure 7: Global HVAC Motor Market Value (US$ Bn), by End-use Industry, 2017-2031
Figure 8: Global HVAC Motor Market Volume (Thousand Units), by End-use Industry 2017-2031
Figure 9: Global HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry, 2023-2031
Figure 10: Global HVAC Motor Market Value (US$ Bn), by Distribution Channel, 2017-2031
Figure 11: Global HVAC Motor Market Volume (Thousand Units), by Distribution Channel 2017-2031
Figure 12: Global HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel, 2023-2031
Figure 13: Global HVAC Motor Market Value (US$ Bn), by Region, 2017-2031
Figure 14: Global HVAC Motor Market Volume (Thousand Units), by Region 2017-2031
Figure 15: Global HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Region, 2023-2031
Figure 16: North America HVAC Motor Market Value (US$ Bn), by Product Type, 2017-2031
Figure 17: North America HVAC Motor Market Volume (Thousand Units), by Product Type 2017-2031
Figure 18: North America HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 19: North America HVAC Motor Market Value (US$ Bn), by Speed, 2017-2031
Figure 20: North America HVAC Motor Market Volume (Thousand Units), by Speed 2017-2031
Figure 21: North America HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Speed, 2023-2031
Figure 22: North America HVAC Motor Market Value (US$ Bn), by End-use Industry, 2017-2031
Figure 23: North America HVAC Motor Market Volume (Thousand Units), by End-use Industry 2017-2031
Figure 24: North America HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry, 2023-2031
Figure 25: North America HVAC Motor Market Value (US$ Bn), by Distribution Channel, 2017-2031
Figure 26: North America HVAC Motor Market Volume (Thousand Units), by Distribution Channel 2017-2031
Figure 27: North America HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel, 2023-2031
Figure 28: North America HVAC Motor Market Value (US$ Bn), by Region, 2017-2031
Figure 29: North America HVAC Motor Market Volume (Thousand Units), by Region 2017-2031
Figure 30: North America HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Region, 2023-2031
Figure 31: Europe HVAC Motor Market Value (US$ Bn), by Product Type, 2017-2031
Figure 32: Europe HVAC Motor Market Volume (Thousand Units), by Product Type 2017-2031
Figure 33: Europe HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 34: Europe HVAC Motor Market Value (US$ Bn), by Speed, 2017-2031
Figure 35: Europe HVAC Motor Market Volume (Thousand Units), by Speed 2017-2031
Figure 36: Europe HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Speed, 2023-2031
Figure 37: Europe HVAC Motor Market Value (US$ Bn), by End-use Industry, 2017-2031
Figure 38: Europe HVAC Motor Market Volume (Thousand Units), by End-use Industry 2017-2031
Figure 39: Europe HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry, 2023-2031
Figure 40: Europe HVAC Motor Market Value (US$ Bn), by Distribution Channel, 2017-2031
Figure 41: Europe HVAC Motor Market Volume (Thousand Units), by Distribution Channel 2017-2031
Figure 42: Europe HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel, 2023-2031
Figure 43: Europe HVAC Motor Market Value (US$ Bn), by Region, 2017-2031
Figure 44: Europe HVAC Motor Market Volume (Thousand Units), by Region 2017-2031
Figure 45: Europe HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Region, 2023-2031
Figure 46: Asia Pacific HVAC Motor Market Value (US$ Bn), by Product Type, 2017-2031
Figure 47: Asia Pacific HVAC Motor Market Volume (Thousand Units), by Product Type 2017-2031
Figure 48: Asia Pacific HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 49: Asia Pacific HVAC Motor Market Value (US$ Bn), by Speed, 2017-2031
Figure 50: Asia Pacific HVAC Motor Market Volume (Thousand Units), by Speed 2017-2031
Figure 51: Asia Pacific HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Speed, 2023-2031
Figure 52: Asia Pacific HVAC Motor Market Value (US$ Bn), by End-use Industry, 2017-2031
Figure 53: Asia Pacific HVAC Motor Market Volume (Thousand Units), by End-use Industry 2017-2031
Figure 54: Asia Pacific HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry, 2023-2031
Figure 55: Asia Pacific HVAC Motor Market Value (US$ Bn), by Distribution Channel, 2017-2031
Figure 56: Asia Pacific HVAC Motor Market Volume (Thousand Units), by Distribution Channel 2017-2031
Figure 57: Asia Pacific HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel, 2023-2031
Figure 58: Asia Pacific HVAC Motor Market Value (US$ Bn), by Region, 2017-2031
Figure 59: Asia Pacific HVAC Motor Market Volume (Thousand Units), by Region 2017-2031
Figure 60: Asia Pacific HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Region, 2023-2031
Figure 61: Middle East & Africa HVAC Motor Market Value (US$ Bn), by Product Type, 2017-2031
Figure 62: Middle East & Africa HVAC Motor Market Volume (Thousand Units), by Product Type 2017-2031
Figure 63: Middle East & Africa HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 64: Middle East & Africa HVAC Motor Market Value (US$ Bn), by Speed, 2017-2031
Figure 65: Middle East & Africa HVAC Motor Market Volume (Thousand Units), by Speed 2017-2031
Figure 66: Middle East & Africa HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Speed,2023-2031
Figure 67: Middle East & Africa HVAC Motor Market Value (US$ Bn), by End-use Industry, 2017-2031
Figure 68: Middle East & Africa HVAC Motor Market Volume (Thousand Units), by End-use Industry 2017-2031
Figure 69: Middle East & Africa HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry, 2017-2031
Figure 70: Middle East & Africa HVAC Motor Market Value (US$ Bn), by Distribution Channel, 2017-2031
Figure 71: Middle East & Africa HVAC Motor Market Volume (Thousand Units), by Distribution Channel 2017-2031
Figure 72: Middle East & Africa HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel, 2023-2031
Figure 73: Middle East & Africa HVAC Motor Market Value (US$ Bn), by Region, 2017-2031
Figure 74: Middle East & Africa HVAC Motor Market Volume (Thousand Units), by Region 2017-2031
Figure 75: Middle East & Africa HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Region, 2023-2031
Figure 76: South America HVAC Motor Market Value (US$ Bn), by Product Type, 2017-2031
Figure 77: South America HVAC Motor Market Volume (Thousand Units), by Product Type 2017-2031
Figure 78: South America HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Product Type, 2023-2031
Figure 79: South America HVAC Motor Market Value (US$ Bn), by Speed, 2017-2031
Figure 80: South America HVAC Motor Market Volume (Thousand Units), by Speed 2017-2031
Figure 81: South America HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Speed, 2023-2031
Figure 82: South America HVAC Motor Market Value (US$ Bn), by End-use Industry, 2017-2031
Figure 83: South America HVAC Motor Market Volume (Thousand Units), by End-use Industry 2017-2031
Figure 84: South America HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by End-use Industry, 2023-2031
Figure 85: South America HVAC Motor Market Value (US$ Bn), by Distribution Channel, 2017-2031
Figure 86: South America HVAC Motor Market Volume (Thousand Units), by Distribution Channel 2017-2031
Figure 87: South America HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Distribution Channel, 2023-2031
Figure 88: South America HVAC Motor Market Value (US$ Bn), by Region, 2017-2031
Figure 89: South America HVAC Motor Market Volume (Thousand Units), by Region 2017-2031
Figure 90: South America HVAC Motor Market Incremental Opportunity (US$ Bn), Forecast, by Region, 2023-2031
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