QYR Market Research Global HVAC Drives revenue market research | Page 4

QYResearch
• On the basis of region, USA is the largest market segment of HVAC
Drives, with a revenue market share nearly 28.79% in 2016, which has
great market potential in the future.
• The market is not only influenced by the price, but also influenced by
the product performance. The leading companies own the advantages on
better performance, more abundant product’s types, better technical
and impeccable after-sales service. Consequently, they take the majority
of the market share of high-end market.
• Looking to the future years, prices gap between different brands will go
narrowing. Similarly, there will be fluctuation in gross margin.
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