QYR Market Research Global HVAC Drives revenue market research | Page 3

QYResearch
• HVAC Drives used in industry including Air Handling Units,
Cooling Towers and Pumps. Report data showed that 65.75% of
the HVAC Drives market demand in Air Handling Units in 2016.
• ABB, Siemens, Danfoss Drives, Schneider Electric, Emerson
(Nidec), Mitsubishi Electric are major players in the HVAC
Drives in 2016. ABB dominated with 18.03% production value
share. Market polarization of products is more serious.
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