Global AC HVAC Drives Market Growth 2025-2031

Product Code: 1702413

Industry: Machinery & Equipment

Published: Jul 10,2025

Pages: 114

Delivery Time: 2-3 business days

Global AC HVAC Drives Market Growth 2025-2031

Product Code: 1702413

Industry: Machinery & Equipment

Published: Jul 10,2025

Pages: 114

Delivery Time: 2-3 business days

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Description

The global AC HVAC Drives market size is predicted to grow from US$ 2293 million in 2025 to US$ 3014 million in 2031; it is expected to grow at a CAGR of 4.7% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Increasing Demand for HVAC Systems: The steady growth in the construction industry, particularly in commercial and residential sectors, led to an increased demand for HVAC systems. Consequently, the demand for energy-efficient HVAC drives to optimize system performance also rose.

HVAC System Upgrades and Retrofits: The need for modernizing and upgrading existing HVAC systems in older buildings drove the demand for AC HVAC drives. Retrofitting HVAC drives into existing systems allowed building owners to improve energy efficiency without the need for a complete system replacement.

LP Information, Inc. (LPI) ' newest research report, the “AC HVAC Drives Industry Forecast” looks at past sales and reviews total world AC HVAC Drives sales in 2024, providing a comprehensive analysis by region and market sector of projected AC HVAC Drives sales for 2025 through 2031. With AC HVAC Drives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AC HVAC Drives industry.

This Insight Report provides a comprehensive analysis of the global AC HVAC Drives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on AC HVAC Drives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global AC HVAC Drives market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AC HVAC Drives and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global AC HVAC Drives.

This report presents a comprehensive overview, market shares, and growth opportunities of AC HVAC Drives market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    Below 10 KW
    10-100 KW
    Above 100 KW

Segmentation by Application:
    Air Handling Units
    Cooling Towers
    Pumps

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

    ABB
    Siemens
    Danfoss
    Nidec
    Schneider Electric
    Hitachi
    Mitsubishi Electric
    Toshiba
    Johnson Controls
    WEG SA
    Daikin
    Eaton
    Yaskawa
    Trane

Key Questions Addressed in this Report
What is the 10-year outlook for the global AC HVAC Drives market?
What factors are driving AC HVAC Drives market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do AC HVAC Drives market opportunities vary by end market size?
How does AC HVAC Drives break out by Type, by Application?

List Of Tables

List of Tables
 Table 1. AC HVAC Drives Annual Sales CAGR by Geographic Region (2020, 2024 & 2031) & ($ millions)
 Table 2. AC HVAC Drives Annual Sales CAGR by Country/Region (2020, 2024 & 2031) & ($ millions)
 Table 3. Major Players of Below 10 KW
 Table 4. Major Players of 10-100 KW
 Table 5. Major Players of Above 100 KW
 Table 6. Global AC HVAC Drives Sales by Type (2020-2025) & (K Units)
 Table 7. Global AC HVAC Drives Sales Market Share by Type (2020-2025)
 Table 8. Global AC HVAC Drives Revenue by Type (2020-2025) & ($ million)
 Table 9. Global AC HVAC Drives Revenue Market Share by Type (2020-2025)
 Table 10. Global AC HVAC Drives Sale Price by Type (2020-2025) & (USD/Unit)
 Table 11. Global AC HVAC Drives Sale by Application (2020-2025) & (K Units)
 Table 12. Global AC HVAC Drives Sale Market Share by Application (2020-2025)
 Table 13. Global AC HVAC Drives Revenue by Application (2020-2025) & ($ million)
 Table 14. Global AC HVAC Drives Revenue Market Share by Application (2020-2025)
 Table 15. Global AC HVAC Drives Sale Price by Application (2020-2025) & (USD/Unit)
 Table 16. Global AC HVAC Drives Sales by Company (2020-2025) & (K Units)
 Table 17. Global AC HVAC Drives Sales Market Share by Company (2020-2025)
 Table 18. Global AC HVAC Drives Revenue by Company (2020-2025) & ($ millions)
 Table 19. Global AC HVAC Drives Revenue Market Share by Company (2020-2025)
 Table 20. Global AC HVAC Drives Sale Price by Company (2020-2025) & (USD/Unit)
 Table 21. Key Manufacturers AC HVAC Drives Producing Area Distribution and Sales Area
 Table 22. Players AC HVAC Drives Products Offered
 Table 23. AC HVAC Drives Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
 Table 24. New Products and Potential Entrants
 Table 25. Market M&A Activity & Strategy
 Table 26. Global AC HVAC Drives Sales by Geographic Region (2020-2025) & (K Units)
 Table 27. Global AC HVAC Drives Sales Market Share Geographic Region (2020-2025)
 Table 28. Global AC HVAC Drives Revenue by Geographic Region (2020-2025) & ($ millions)
 Table 29. Global AC HVAC Drives Revenue Market Share by Geographic Region (2020-2025)
 Table 30. Global AC HVAC Drives Sales by Country/Region (2020-2025) & (K Units)
 Table 31. Global AC HVAC Drives Sales Market Share by Country/Region (2020-2025)
 Table 32. Global AC HVAC Drives Revenue by Country/Region (2020-2025) & ($ millions)
 Table 33. Global AC HVAC Drives Revenue Market Share by Country/Region (2020-2025)
 Table 34. Americas AC HVAC Drives Sales by Country (2020-2025) & (K Units)
 Table 35. Americas AC HVAC Drives Sales Market Share by Country (2020-2025)
 Table 36. Americas AC HVAC Drives Revenue by Country (2020-2025) & ($ millions)
 Table 37. Americas AC HVAC Drives Sales by Type (2020-2025) & (K Units)
 Table 38. Americas AC HVAC Drives Sales by Application (2020-2025) & (K Units)
 Table 39. APAC AC HVAC Drives Sales by Region (2020-2025) & (K Units)
 Table 40. APAC AC HVAC Drives Sales Market Share by Region (2020-2025)
 Table 41. APAC AC HVAC Drives Revenue by Region (2020-2025) & ($ millions)
 Table 42. APAC AC HVAC Drives Sales by Type (2020-2025) & (K Units)
 Table 43. APAC AC HVAC Drives Sales by Application (2020-2025) & (K Units)
 Table 44. Europe AC HVAC Drives Sales by Country (2020-2025) & (K Units)
 Table 45. Europe AC HVAC Drives Revenue by Country (2020-2025) & ($ millions)
 Table 46. Europe AC HVAC Drives Sales by Type (2020-2025) & (K Units)
 Table 47. Europe AC HVAC Drives Sales by Application (2020-2025) & (K Units)
 Table 48. Middle East & Africa AC HVAC Drives Sales by Country (2020-2025) & (K Units)
 Table 49. Middle East & Africa AC HVAC Drives Revenue Market Share by Country (2020-2025)
 Table 50. Middle East & Africa AC HVAC Drives Sales by Type (2020-2025) & (K Units)
 Table 51. Middle East & Africa AC HVAC Drives Sales by Application (2020-2025) & (K Units)
 Table 52. Key Market Drivers & Growth Opportunities of AC HVAC Drives
 Table 53. Key Market Challenges & Risks of AC HVAC Drives
 Table 54. Key Industry Trends of AC HVAC Drives
 Table 55. AC HVAC Drives Raw Material
 Table 56. Key Suppliers of Raw Materials
 Table 57. AC HVAC Drives Distributors List
 Table 58. AC HVAC Drives Customer List
 Table 59. Global AC HVAC Drives Sales Forecast by Region (2026-2031) & (K Units)
 Table 60. Global AC HVAC Drives Revenue Forecast by Region (2026-2031) & ($ millions)
 Table 61. Americas AC HVAC Drives Sales Forecast by Country (2026-2031) & (K Units)
 Table 62. Americas AC HVAC Drives Annual Revenue Forecast by Country (2026-2031) & ($ millions)
 Table 63. APAC AC HVAC Drives Sales Forecast by Region (2026-2031) & (K Units)
 Table 64. APAC AC HVAC Drives Annual Revenue Forecast by Region (2026-2031) & ($ millions)
 Table 65. Europe AC HVAC Drives Sales Forecast by Country (2026-2031) & (K Units)
 Table 66. Europe AC HVAC Drives Revenue Forecast by Country (2026-2031) & ($ millions)
 Table 67. Middle East & Africa AC HVAC Drives Sales Forecast by Country (2026-2031) & (K Units)
 Table 68. Middle East & Africa AC HVAC Drives Revenue Forecast by Country (2026-2031) & ($ millions)
 Table 69. Global AC HVAC Drives Sales Forecast by Type (2026-2031) & (K Units)
 Table 70. Global AC HVAC Drives Revenue Forecast by Type (2026-2031) & ($ millions)
 Table 71. Global AC HVAC Drives Sales Forecast by Application (2026-2031) & (K Units)
 Table 72. Global AC HVAC Drives Revenue Forecast by Application (2026-2031) & ($ millions)
 Table 73. ABB Basic Information, AC HVAC Drives Manufacturing Base, Sales Area and Its Competitors
 Table 74. ABB AC HVAC Drives Product Portfolios and Specifications
 Table 75. ABB AC HVAC Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 76. ABB Main Business
 Table 77. ABB Latest Developments
 Table 78. Siemens Basic Information, AC HVAC Drives Manufacturing Base, Sales Area and Its Competitors
 Table 79. Siemens AC HVAC Drives Product Portfolios and Specifications
 Table 80. Siemens AC HVAC Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 81. Siemens Main Business
 Table 82. Siemens Latest Developments
 Table 83. Danfoss Basic Information, AC HVAC Drives Manufacturing Base, Sales Area and Its Competitors
 Table 84. Danfoss AC HVAC Drives Product Portfolios and Specifications
 Table 85. Danfoss AC HVAC Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 86. Danfoss Main Business
 Table 87. Danfoss Latest Developments
 Table 88. Nidec Basic Information, AC HVAC Drives Manufacturing Base, Sales Area and Its Competitors
 Table 89. Nidec AC HVAC Drives Product Portfolios and Specifications
 Table 90. Nidec AC HVAC Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 91. Nidec Main Business
 Table 92. Nidec Latest Developments
 Table 93. Schneider Electric Basic Information, AC HVAC Drives Manufacturing Base, Sales Area and Its Competitors
 Table 94. Schneider Electric AC HVAC Drives Product Portfolios and Specifications
 Table 95. Schneider Electric AC HVAC Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 96. Schneider Electric Main Business
 Table 97. Schneider Electric Latest Developments
 Table 98. Hitachi Basic Information, AC HVAC Drives Manufacturing Base, Sales Area and Its Competitors
 Table 99. Hitachi AC HVAC Drives Product Portfolios and Specifications
 Table 100. Hitachi AC HVAC Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 101. Hitachi Main Business
 Table 102. Hitachi Latest Developments
 Table 103. Mitsubishi Electric Basic Information, AC HVAC Drives Manufacturing Base, Sales Area and Its Competitors
 Table 104. Mitsubishi Electric AC HVAC Drives Product Portfolios and Specifications
 Table 105. Mitsubishi Electric AC HVAC Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 106. Mitsubishi Electric Main Business
 Table 107. Mitsubishi Electric Latest Developments
 Table 108. Toshiba Basic Information, AC HVAC Drives Manufacturing Base, Sales Area and Its Competitors
 Table 109. Toshiba AC HVAC Drives Product Portfolios and Specifications
 Table 110. Toshiba AC HVAC Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 111. Toshiba Main Business
 Table 112. Toshiba Latest Developments
 Table 113. Johnson Controls Basic Information, AC HVAC Drives Manufacturing Base, Sales Area and Its Competitors
 Table 114. Johnson Controls AC HVAC Drives Product Portfolios and Specifications
 Table 115. Johnson Controls AC HVAC Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 116. Johnson Controls Main Business
 Table 117. Johnson Controls Latest Developments
 Table 118. WEG SA Basic Information, AC HVAC Drives Manufacturing Base, Sales Area and Its Competitors
 Table 119. WEG SA AC HVAC Drives Product Portfolios and Specifications
 Table 120. WEG SA AC HVAC Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 121. WEG SA Main Business
 Table 122. WEG SA Latest Developments
 Table 123. Daikin Basic Information, AC HVAC Drives Manufacturing Base, Sales Area and Its Competitors
 Table 124. Daikin AC HVAC Drives Product Portfolios and Specifications
 Table 125. Daikin AC HVAC Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 126. Daikin Main Business
 Table 127. Daikin Latest Developments
 Table 128. Eaton Basic Information, AC HVAC Drives Manufacturing Base, Sales Area and Its Competitors
 Table 129. Eaton AC HVAC Drives Product Portfolios and Specifications
 Table 130. Eaton AC HVAC Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 131. Eaton Main Business
 Table 132. Eaton Latest Developments
 Table 133. Yaskawa Basic Information, AC HVAC Drives Manufacturing Base, Sales Area and Its Competitors
 Table 134. Yaskawa AC HVAC Drives Product Portfolios and Specifications
 Table 135. Yaskawa AC HVAC Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 136. Yaskawa Main Business
 Table 137. Yaskawa Latest Developments
 Table 138. Trane Basic Information, AC HVAC Drives Manufacturing Base, Sales Area and Its Competitors
 Table 139. Trane AC HVAC Drives Product Portfolios and Specifications
 Table 140. Trane AC HVAC Drives Sales (K Units), Revenue ($ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 141. Trane Main Business
 Table 142. Trane Latest Developments


List of Figures
 Figure 1. Picture of AC HVAC Drives
 Figure 2. AC HVAC Drives Report Years Considered
 Figure 3. Research Objectives
 Figure 4. Research Methodology
 Figure 5. Research Process and Data Source
 Figure 6. Global AC HVAC Drives Sales Growth Rate 2020-2031 (K Units)
 Figure 7. Global AC HVAC Drives Revenue Growth Rate 2020-2031 ($ millions)
 Figure 8. AC HVAC Drives Sales by Geographic Region (2020, 2024 & 2031) & ($ millions)
 Figure 9. AC HVAC Drives Sales Market Share by Country/Region (2024)
 Figure 10. AC HVAC Drives Sales Market Share by Country/Region (2020, 2024 & 2031)
 Figure 11. Product Picture of Below 10 KW
 Figure 12. Product Picture of 10-100 KW
 Figure 13. Product Picture of Above 100 KW
 Figure 14. Global AC HVAC Drives Sales Market Share by Type in 2025
 Figure 15. Global AC HVAC Drives Revenue Market Share by Type (2020-2025)
 Figure 16. AC HVAC Drives Consumed in Air Handling Units
 Figure 17. Global AC HVAC Drives Market: Air Handling Units (2020-2025) & (K Units)
 Figure 18. AC HVAC Drives Consumed in Cooling Towers
 Figure 19. Global AC HVAC Drives Market: Cooling Towers (2020-2025) & (K Units)
 Figure 20. AC HVAC Drives Consumed in Pumps
 Figure 21. Global AC HVAC Drives Market: Pumps (2020-2025) & (K Units)
 Figure 22. Global AC HVAC Drives Sale Market Share by Application (2024)
 Figure 23. Global AC HVAC Drives Revenue Market Share by Application in 2025
 Figure 24. AC HVAC Drives Sales by Company in 2025 (K Units)
 Figure 25. Global AC HVAC Drives Sales Market Share by Company in 2025
 Figure 26. AC HVAC Drives Revenue by Company in 2025 ($ millions)
 Figure 27. Global AC HVAC Drives Revenue Market Share by Company in 2025
 Figure 28. Global AC HVAC Drives Sales Market Share by Geographic Region (2020-2025)
 Figure 29. Global AC HVAC Drives Revenue Market Share by Geographic Region in 2025
 Figure 30. Americas AC HVAC Drives Sales 2020-2025 (K Units)
 Figure 31. Americas AC HVAC Drives Revenue 2020-2025 ($ millions)
 Figure 32. APAC AC HVAC Drives Sales 2020-2025 (K Units)
 Figure 33. APAC AC HVAC Drives Revenue 2020-2025 ($ millions)
 Figure 34. Europe AC HVAC Drives Sales 2020-2025 (K Units)
 Figure 35. Europe AC HVAC Drives Revenue 2020-2025 ($ millions)
 Figure 36. Middle East & Africa AC HVAC Drives Sales 2020-2025 (K Units)
 Figure 37. Middle East & Africa AC HVAC Drives Revenue 2020-2025 ($ millions)
 Figure 38. Americas AC HVAC Drives Sales Market Share by Country in 2025
 Figure 39. Americas AC HVAC Drives Revenue Market Share by Country (2020-2025)
 Figure 40. Americas AC HVAC Drives Sales Market Share by Type (2020-2025)
 Figure 41. Americas AC HVAC Drives Sales Market Share by Application (2020-2025)
 Figure 42. United States AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 43. Canada AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 44. Mexico AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 45. Brazil AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 46. APAC AC HVAC Drives Sales Market Share by Region in 2025
 Figure 47. APAC AC HVAC Drives Revenue Market Share by Region (2020-2025)
 Figure 48. APAC AC HVAC Drives Sales Market Share by Type (2020-2025)
 Figure 49. APAC AC HVAC Drives Sales Market Share by Application (2020-2025)
 Figure 50. China AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 51. Japan AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 52. South Korea AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 53. Southeast Asia AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 54. India AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 55. Australia AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 56. China Taiwan AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 57. Europe AC HVAC Drives Sales Market Share by Country in 2025
 Figure 58. Europe AC HVAC Drives Revenue Market Share by Country (2020-2025)
 Figure 59. Europe AC HVAC Drives Sales Market Share by Type (2020-2025)
 Figure 60. Europe AC HVAC Drives Sales Market Share by Application (2020-2025)
 Figure 61. Germany AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 62. France AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 63. UK AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 64. Italy AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 65. Russia AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 66. Middle East & Africa AC HVAC Drives Sales Market Share by Country (2020-2025)
 Figure 67. Middle East & Africa AC HVAC Drives Sales Market Share by Type (2020-2025)
 Figure 68. Middle East & Africa AC HVAC Drives Sales Market Share by Application (2020-2025)
 Figure 69. Egypt AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 70. South Africa AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 71. Israel AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 72. Turkey AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 73. GCC Countries AC HVAC Drives Revenue Growth 2020-2025 ($ millions)
 Figure 74. Manufacturing Cost Structure Analysis of AC HVAC Drives in 2025
 Figure 75. Manufacturing Process Analysis of AC HVAC Drives
 Figure 76. Industry Chain Structure of AC HVAC Drives
 Figure 77. Channels of Distribution
 Figure 78. Global AC HVAC Drives Sales Market Forecast by Region (2026-2031)
 Figure 79. Global AC HVAC Drives Revenue Market Share Forecast by Region (2026-2031)
 Figure 80. Global AC HVAC Drives Sales Market Share Forecast by Type (2026-2031)
 Figure 81. Global AC HVAC Drives Revenue Market Share Forecast by Type (2026-2031)
 Figure 82. Global AC HVAC Drives Sales Market Share Forecast by Application (2026-2031)
 Figure 83. Global AC HVAC Drives Revenue Market Share Forecast by Application (2026-2031)

Companies Mentioned

ABB

Siemens

Danfoss

Nidec

Schneider Electric

Hitachi

Mitsubishi Electric

Toshiba

Johnson Controls

WEG SA

Daikin

Eaton

Yaskawa

Trane

Methodology

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

Data Sourse

Primary Source

Secondary Source

Players/Suppliers

Journals and Periodicals

Industry Experts

Government Bodies

Distributors/Traders

Annual Reports

Opinion Leaders

Presentations

Front-line Staff