Dublin, Jan. 04, 2021 (GLOBE NEWSWIRE) -- The "Global Damper Actuators Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The damper actuators market is poised to grow by $ 563.88 mn during 2020-2024 progressing at a CAGR of 8% during the forecast period.
The market is driven by the surge in construction activity parallel to affordable technological accessibility, proven and successful track record of early adopters and enhanced solution offerings for damper actuators and energy efficiency programs and government regulations.
This study identifies the growth in non-residential applications due to standardization of building design and approval procedures as one of the prime reasons driving the damper actuators market growth during the next few years. Also, Internet of Things (IoT) in HVAC industry and increased adaptation of two-position actuators will lead to sizable demand in the market.
The report on 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 global market scenario, latest trends and drivers, and the overall market environment. The damper actuators market analysis includes end-user segment and geographical landscapes.
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 Azbil Corp., BELIMO Holding AG, Dwyer Instruments Inc., ElectroCraft Inc., Honeywell International Inc., Johnson Controls International Plc, National Environmental Products Ltd., Rotork Plc, Schneider Electric SE, and Siemens AG.
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 on all forthcoming growth opportunities.
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 and vendor landscape in addition to an analysis of the key vendors.
Key Topics Covered:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by End-user
Comparison by End-user
Commercial - Market size and forecast 2019-2024
Residential - Market size and forecast 2019-2024
Industrial - Market size and forecast 2019-2024
Market opportunity by End-user
Market Segmentation by Type
Comparison by Type
Non-spring return damper actuators - Market size and forecast 2019-2024
Spring return damper actuators - Market size and forecast 2019-2024
Market opportunity by Type
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market positioning of vendors
BELIMO Holding AG
Dwyer Instruments Inc.
Honeywell International Inc.
Johnson Controls International Plc
National Environmental Products Ltd.
Schneider Electric SE
For more information about this report visit https://www.researchandmarkets.com/r/ijbuct
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