USA HVAC Motors Market Synopsis:
Heating, Ventilation & Air Conditioning (HVAC)
is the technology of that controls and monitors indoor and vehicular
environments. Market Research Future (MRFR) has published a research report
about the United States of America (USA) HVAC motors market that anticipates an
increase for this market at 7.5% CAGR (Compound Annual Growth Rate) during the
forecast period that would end in 2021. By value, the market has been figured
to be worth the US $17, 257 mn by the end of the forecast period. A detailed analysis
report of COVID-19
impact on USA HVAC Motors Market Analysis is provided
with the report.
The special features of HVAC motor that help the
market growth include ball bearings, heavy-gauge steel base that makes HVAC
motor suitable for mounting in any position. The dynamically balanced rotors of
HAVC motors enable reduced vibration and quiet operation. Hence, the demand for
HVAC motors is increasing across sectors, and they are being used in band saws,
drill presses, farm equipment, summer cooling fans, ventilators, and many
others.
The factors helping the USA HVAC motors market
growth include the utility, features, demand for the workers' safety and demand
for efficient energy management. Regarding utility, HVAC systems are essential
in industrial and office buildings to manage the costs of heating and cooling.
Their requirement is more in the large structures where different temperature
zones throughout the building are required. Motors are used extensively in HVAC
systems. Investing in the variable speed drives for motors to reduce speed and
save energy does have benefits.
Industry Segmentation
The USA HVAC motors market can be segmented on the
basis of application, type, and lastly, region.
The application-based segmentation segments this
market into the air conditioner, air handler, fan powered terminal unit,
furnace, heat pump, unitary applications, ventilator, and water source heat
pump (WSHP).
By type, the market has been segmented into
condenser fan motors, chiller/cooling tower motors, fan & blower motors,
and shaft grounding motors.
Regional Analysis
The regional overview of the
USA HVAC motors market covers regions such as Washington, California, Texas,
and others. The HVAC motors market in the U.S. is increasing at a speedy pace
and will carry on growing due to enormous demand for HVAC motors in the
application segment such as furnace, unitary, WSHP, heat pump, air conditioner,
ventilator, air handler, and fan-powered terminal unit. The current demand in
the market is being sustained by the production of HVAC motors, which is
increasing. The mounting infrastructure and construction industry are among the
key reasons backing the development of the USA HVAC motors market.
Key Players
The key players in the USA HVAC motors market
include Baldor Motors (USA), Fasco Motors (USA), Genteq Motors (USA), Marathon
Electric Motors (India), and US Motors (USA).
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