The global market for HVAC Variable Speed Drive was valued at US$ 2697 million in the year 2024 and is projected to reach a revised size of US$ 3792 million by 2031, growing at a CAGR of 5.1% during the forecast period.

HVAC Variable Speed Drive Market

HVAC Drive is designed to bring optimized process control to all heating, ventilation and air conditioning (HVAC) applications.

The Drive designed specifically for HVAC applications, drives are installed on a daily basis in various heating, ventilation and air conditioning (HVAC) and water-boosting applications in new and existing buildings and infrastructural systems all over the world. They enhance air quality and indoor comfort levels, improve control and energy-saving possibilities, ensure better asset protection, reduce maintenance costs and increase reliability.

Energy Efficiency Regulations: Stringent energy efficiency regulations and sustainability goals drive the adoption of HVAC VSDs, as they enable precise control of motor speeds to match varying load requirements and reduce energy consumption.

Energy Cost Savings: HVAC systems are significant consumers of energy in commercial and industrial buildings. VSDs optimize motor operation by adjusting speed based on real-time demand, leading to substantial energy cost savings.

Retrofitting and Upgrades: Retrofitting existing HVAC systems with VSDs provides an economical way to enhance energy efficiency and extend the lifespan of equipment without major replacements.

Initial Investment: While VSDs offer long-term energy savings, the initial investment in purchasing and installing these devices can be relatively high, especially for large HVAC systems.

Technical Expertise: Proper design, installation, and programming of VSDs require technical expertise to ensure optimal performance and compatibility with existing systems.

Integration Challenges: Retrofitting VSDs into older HVAC systems might require modifications and compatibility checks to ensure seamless integration.

Report Scope

This report aims to provide a comprehensive presentation of the global market for HVAC Variable Speed Drive, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HVAC Variable Speed Drive.

The HVAC Variable Speed Drive market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global HVAC Variable Speed Drive market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the HVAC Variable Speed Drive manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of HVAC Variable Speed Drive Market Report

Report Metric	Details
Report Name	HVAC Variable Speed Drive Market
Accounted market size in year	US$ 2697 million
Forecasted market size in 2031	US$ 3792 million
CAGR	5.1%
Base Year	year
Forecasted years	2025 - 2031
by Type	Below 10 KW 10-100 KW Above 100 KW
by Application	Air Handling Units Cooling Towers Pumps
Production by Region	North America Europe China Japan
Consumption by Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Asia-Pacific (China, Japan, South Korea, Taiwan) Southeast Asia (India) Latin America (Mexico, Brazil)
By Company	ABB, Siemens, Danfoss, Nidec, Schneider Electric, Hitachi, Mitsubishi Electric, Toshiba, Johnson Controls, WEG SA, Daikin, Eaton, Yaskawa, Trane
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of HVAC Variable Speed Drive manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of HVAC Variable Speed Drive by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of HVAC Variable Speed Drive in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is HVAC Variable Speed Drive Market growing?

Ans: The HVAC Variable Speed Drive Market witnessing a CAGR of 5.1% during the forecast period 2025-2031.

What is the HVAC Variable Speed Drive Market size in 2031?

Ans: The HVAC Variable Speed Drive Market size in 2031 will be US$ 3792 million.

Who are the main players in the HVAC Variable Speed Drive Market report?

Ans: The main players in the HVAC Variable Speed Drive Market are ABB, Siemens, Danfoss, Nidec, Schneider Electric, Hitachi, Mitsubishi Electric, Toshiba, Johnson Controls, WEG SA, Daikin, Eaton, Yaskawa, Trane

What are the Application segmentation covered in the HVAC Variable Speed Drive Market report?

Ans: The Applications covered in the HVAC Variable Speed Drive Market report are Air Handling Units, Cooling Towers, Pumps

What are the Type segmentation covered in the HVAC Variable Speed Drive Market report?

Ans: The Types covered in the HVAC Variable Speed Drive Market report are Below 10 KW, 10-100 KW, Above 100 KW

1 HVAC Variable Speed Drive Market Overview

1.1 Product Definition

1.2 HVAC Variable Speed Drive by Type

1.2.1 Global HVAC Variable Speed Drive Market Value Growth Rate Analysis by Type: 2024 VS 2031

1.2.2 Below 10 KW

1.2.3 10-100 KW

1.2.4 Above 100 KW

1.3 HVAC Variable Speed Drive by Application

1.3.1 Global HVAC Variable Speed Drive Market Value Growth Rate Analysis by Application: 2024 VS 2031

1.3.2 Air Handling Units

1.3.3 Cooling Towers

1.3.4 Pumps

1.4 Global Market Growth Prospects

1.4.1 Global HVAC Variable Speed Drive Production Value Estimates and Forecasts (2020-2031)

1.4.2 Global HVAC Variable Speed Drive Production Capacity Estimates and Forecasts (2020-2031)

1.4.3 Global HVAC Variable Speed Drive Production Estimates and Forecasts (2020-2031)

1.4.4 Global HVAC Variable Speed Drive Market Average Price Estimates and Forecasts (2020-2031)

1.5 Assumptions and Limitations

2 Market Competition by Manufacturers

2.1 Global HVAC Variable Speed Drive Production Market Share by Manufacturers (2020-2025)

2.2 Global HVAC Variable Speed Drive Production Value Market Share by Manufacturers (2020-2025)

2.3 Global Key Players of HVAC Variable Speed Drive, Industry Ranking, 2023 VS 2024

2.4 Global HVAC Variable Speed Drive Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

2.5 Global HVAC Variable Speed Drive Average Price by Manufacturers (2020-2025)

2.6 Global Key Manufacturers of HVAC Variable Speed Drive, Manufacturing Base Distribution and Headquarters

2.7 Global Key Manufacturers of HVAC Variable Speed Drive, Product Offered and Application

2.8 Global Key Manufacturers of HVAC Variable Speed Drive, Date of Enter into This Industry

2.9 HVAC Variable Speed Drive Market Competitive Situation and Trends

2.9.1 HVAC Variable Speed Drive Market Concentration Rate

2.9.2 Global 5 and 10 Largest HVAC Variable Speed Drive Players Market Share by Revenue

2.10 Mergers & Acquisitions, Expansion

3 HVAC Variable Speed Drive Production by Region

3.1 Global HVAC Variable Speed Drive Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.2 Global HVAC Variable Speed Drive Production Value by Region (2020-2031)

3.2.1 Global HVAC Variable Speed Drive Production Value by Region (2020-2025)

3.2.2 Global Forecasted Production Value of HVAC Variable Speed Drive by Region (2026-2031)

3.3 Global HVAC Variable Speed Drive Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

3.4 Global HVAC Variable Speed Drive Production Volume by Region (2020-2031)

3.4.1 Global HVAC Variable Speed Drive Production by Region (2020-2025)

3.4.2 Global Forecasted Production of HVAC Variable Speed Drive by Region (2026-2031)

3.5 Global HVAC Variable Speed Drive Market Price Analysis by Region (2020-2025)

3.6 Global HVAC Variable Speed Drive Production and Value, Year-over-Year Growth

3.6.1 North America HVAC Variable Speed Drive Production Value Estimates and Forecasts (2020-2031)

3.6.2 Europe HVAC Variable Speed Drive Production Value Estimates and Forecasts (2020-2031)

3.6.3 China HVAC Variable Speed Drive Production Value Estimates and Forecasts (2020-2031)

3.6.4 Japan HVAC Variable Speed Drive Production Value Estimates and Forecasts (2020-2031)

4 HVAC Variable Speed Drive Consumption by Region

4.1 Global HVAC Variable Speed Drive Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031

4.2 Global HVAC Variable Speed Drive Consumption by Region (2020-2031)

4.2.1 Global HVAC Variable Speed Drive Consumption by Region (2020-2025)

4.2.2 Global HVAC Variable Speed Drive Forecasted Consumption by Region (2026-2031)

4.3 North America

4.3.1 North America HVAC Variable Speed Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.3.2 North America HVAC Variable Speed Drive Consumption by Country (2020-2031)

4.3.3 U.S.

4.3.4 Canada

4.4 Europe

4.4.1 Europe HVAC Variable Speed Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.4.2 Europe HVAC Variable Speed Drive Consumption by Country (2020-2031)

4.4.3 Germany

4.4.4 France

4.4.5 U.K.

4.4.6 Italy

4.4.7 Netherlands

4.5 Asia Pacific

4.5.1 Asia Pacific HVAC Variable Speed Drive Consumption Growth Rate by Region: 2020 VS 2024 VS 2031

4.5.2 Asia Pacific HVAC Variable Speed Drive Consumption by Region (2020-2031)

4.5.3 China

4.5.4 Japan

4.5.5 South Korea

4.5.6 China Taiwan

4.5.7 Southeast Asia

4.5.8 India

4.6 Latin America, Middle East & Africa

4.6.1 Latin America, Middle East & Africa HVAC Variable Speed Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031

4.6.2 Latin America, Middle East & Africa HVAC Variable Speed Drive Consumption by Country (2020-2031)

4.6.3 Mexico

4.6.4 Brazil

4.6.5 Turkey

4.6.6 GCC Countries

5 Segment by Type

5.1 Global HVAC Variable Speed Drive Production by Type (2020-2031)

5.1.1 Global HVAC Variable Speed Drive Production by Type (2020-2025)

5.1.2 Global HVAC Variable Speed Drive Production by Type (2026-2031)

5.1.3 Global HVAC Variable Speed Drive Production Market Share by Type (2020-2031)

5.2 Global HVAC Variable Speed Drive Production Value by Type (2020-2031)

5.2.1 Global HVAC Variable Speed Drive Production Value by Type (2020-2025)

5.2.2 Global HVAC Variable Speed Drive Production Value by Type (2026-2031)

5.2.3 Global HVAC Variable Speed Drive Production Value Market Share by Type (2020-2031)

5.3 Global HVAC Variable Speed Drive Price by Type (2020-2031)

6 Segment by Application

6.1 Global HVAC Variable Speed Drive Production by Application (2020-2031)

6.1.1 Global HVAC Variable Speed Drive Production by Application (2020-2025)

6.1.2 Global HVAC Variable Speed Drive Production by Application (2026-2031)

6.1.3 Global HVAC Variable Speed Drive Production Market Share by Application (2020-2031)

6.2 Global HVAC Variable Speed Drive Production Value by Application (2020-2031)

6.2.1 Global HVAC Variable Speed Drive Production Value by Application (2020-2025)

6.2.2 Global HVAC Variable Speed Drive Production Value by Application (2026-2031)

6.2.3 Global HVAC Variable Speed Drive Production Value Market Share by Application (2020-2031)

6.3 Global HVAC Variable Speed Drive Price by Application (2020-2031)

7 Key Companies Profiled

7.1 ABB

7.1.1 ABB HVAC Variable Speed Drive Company Information

7.1.2 ABB HVAC Variable Speed Drive Product Portfolio

7.1.3 ABB HVAC Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.1.4 ABB Main Business and Markets Served

7.1.5 ABB Recent Developments/Updates

7.2 Siemens

7.2.1 Siemens HVAC Variable Speed Drive Company Information

7.2.2 Siemens HVAC Variable Speed Drive Product Portfolio

7.2.3 Siemens HVAC Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.2.4 Siemens Main Business and Markets Served

7.2.5 Siemens Recent Developments/Updates

7.3 Danfoss

7.3.1 Danfoss HVAC Variable Speed Drive Company Information

7.3.2 Danfoss HVAC Variable Speed Drive Product Portfolio

7.3.3 Danfoss HVAC Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.3.4 Danfoss Main Business and Markets Served

7.3.5 Danfoss Recent Developments/Updates

7.4 Nidec

7.4.1 Nidec HVAC Variable Speed Drive Company Information

7.4.2 Nidec HVAC Variable Speed Drive Product Portfolio

7.4.3 Nidec HVAC Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.4.4 Nidec Main Business and Markets Served

7.4.5 Nidec Recent Developments/Updates

7.5 Schneider Electric

7.5.1 Schneider Electric HVAC Variable Speed Drive Company Information

7.5.2 Schneider Electric HVAC Variable Speed Drive Product Portfolio

7.5.3 Schneider Electric HVAC Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.5.4 Schneider Electric Main Business and Markets Served

7.5.5 Schneider Electric Recent Developments/Updates

7.6 Hitachi

7.6.1 Hitachi HVAC Variable Speed Drive Company Information

7.6.2 Hitachi HVAC Variable Speed Drive Product Portfolio

7.6.3 Hitachi HVAC Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.6.4 Hitachi Main Business and Markets Served

7.6.5 Hitachi Recent Developments/Updates

7.7 Mitsubishi Electric

7.7.1 Mitsubishi Electric HVAC Variable Speed Drive Company Information

7.7.2 Mitsubishi Electric HVAC Variable Speed Drive Product Portfolio

7.7.3 Mitsubishi Electric HVAC Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.7.4 Mitsubishi Electric Main Business and Markets Served

7.7.5 Mitsubishi Electric Recent Developments/Updates

7.8 Toshiba

7.8.1 Toshiba HVAC Variable Speed Drive Company Information

7.8.2 Toshiba HVAC Variable Speed Drive Product Portfolio

7.8.3 Toshiba HVAC Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.8.4 Toshiba Main Business and Markets Served

7.8.5 Toshiba Recent Developments/Updates

7.9 Johnson Controls

7.9.1 Johnson Controls HVAC Variable Speed Drive Company Information

7.9.2 Johnson Controls HVAC Variable Speed Drive Product Portfolio

7.9.3 Johnson Controls HVAC Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.9.4 Johnson Controls Main Business and Markets Served

7.9.5 Johnson Controls Recent Developments/Updates

7.10 WEG SA

7.10.1 WEG SA HVAC Variable Speed Drive Company Information

7.10.2 WEG SA HVAC Variable Speed Drive Product Portfolio

7.10.3 WEG SA HVAC Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.10.4 WEG SA Main Business and Markets Served

7.10.5 WEG SA Recent Developments/Updates

7.11 Daikin

7.11.1 Daikin HVAC Variable Speed Drive Company Information

7.11.2 Daikin HVAC Variable Speed Drive Product Portfolio

7.11.3 Daikin HVAC Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.11.4 Daikin Main Business and Markets Served

7.11.5 Daikin Recent Developments/Updates

7.12 Eaton

7.12.1 Eaton HVAC Variable Speed Drive Company Information

7.12.2 Eaton HVAC Variable Speed Drive Product Portfolio

7.12.3 Eaton HVAC Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.12.4 Eaton Main Business and Markets Served

7.12.5 Eaton Recent Developments/Updates

7.13 Yaskawa

7.13.1 Yaskawa HVAC Variable Speed Drive Company Information

7.13.2 Yaskawa HVAC Variable Speed Drive Product Portfolio

7.13.3 Yaskawa HVAC Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.13.4 Yaskawa Main Business and Markets Served

7.13.5 Yaskawa Recent Developments/Updates

7.14 Trane

7.14.1 Trane HVAC Variable Speed Drive Company Information

7.14.2 Trane HVAC Variable Speed Drive Product Portfolio

7.14.3 Trane HVAC Variable Speed Drive Production, Value, Price and Gross Margin (2020-2025)

7.14.4 Trane Main Business and Markets Served

7.14.5 Trane Recent Developments/Updates

8 Industry Chain and Sales Channels Analysis

8.1 HVAC Variable Speed Drive Industry Chain Analysis

8.2 HVAC Variable Speed Drive Raw Material Supply Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.3 HVAC Variable Speed Drive Production Mode & Process Analysis

8.4 HVAC Variable Speed Drive Sales and Marketing

8.4.1 HVAC Variable Speed Drive Sales Channels

8.4.2 HVAC Variable Speed Drive Distributors

8.5 HVAC Variable Speed Drive Customer Analysis

9 HVAC Variable Speed Drive Market Dynamics

9.1 HVAC Variable Speed Drive Industry Trends

9.2 HVAC Variable Speed Drive Market Drivers

9.3 HVAC Variable Speed Drive Market Challenges

9.4 HVAC Variable Speed Drive Market Restraints

10 Research Findings and Conclusion

11 Methodology and Data Source

11.1 Methodology/Research Approach

11.1.1 Research Programs/Design

11.1.2 Market Size Estimation

11.1.3 Market Breakdown and Data Triangulation

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Author List

11.4 Disclaimer

FEATURED COMPANIES

List of Tables

Table 1. Global HVAC Variable Speed Drive Market Value by Type, (US$ Million) & (2024 VS 2031)

Table 2. Global HVAC Variable Speed Drive Market Value by Application, (US$ Million) & (2024 VS 2031)

Table 3. Global HVAC Variable Speed Drive Production Capacity (K Units) by Manufacturers in 2024

Table 4. Global HVAC Variable Speed Drive Production by Manufacturers (2020-2025) & (K Units)

Table 5. Global HVAC Variable Speed Drive Production Market Share by Manufacturers (2020-2025)

Table 6. Global HVAC Variable Speed Drive Production Value by Manufacturers (2020-2025) & (US$ Million)

Table 7. Global HVAC Variable Speed Drive Production Value Share by Manufacturers (2020-2025)

Table 8. Global Key Players of HVAC Variable Speed Drive, Industry Ranking, 2023 VS 2024

Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in HVAC Variable Speed Drive as of 2024)

Table 10. Global Market HVAC Variable Speed Drive Average Price by Manufacturers (US$/Unit) & (2020-2025)

Table 11. Global Key Manufacturers of HVAC Variable Speed Drive, Manufacturing Base Distribution and Headquarters

Table 12. Global Key Manufacturers of HVAC Variable Speed Drive, Product Offered and Application

Table 13. Global Key Manufacturers of HVAC Variable Speed Drive, Date of Enter into This Industry

Table 14. Global HVAC Variable Speed Drive Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global HVAC Variable Speed Drive Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global HVAC Variable Speed Drive Production Value (US$ Million) by Region (2020-2025)

Table 18. Global HVAC Variable Speed Drive Production Value Market Share by Region (2020-2025)

Table 19. Global HVAC Variable Speed Drive Production Value (US$ Million) Forecast by Region (2026-2031)

Table 20. Global HVAC Variable Speed Drive Production Value Market Share Forecast by Region (2026-2031)

Table 21. Global HVAC Variable Speed Drive Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)

Table 22. Global HVAC Variable Speed Drive Production (K Units) by Region (2020-2025)

Table 23. Global HVAC Variable Speed Drive Production Market Share by Region (2020-2025)

Table 24. Global HVAC Variable Speed Drive Production (K Units) Forecast by Region (2026-2031)

Table 25. Global HVAC Variable Speed Drive Production Market Share Forecast by Region (2026-2031)

Table 26. Global HVAC Variable Speed Drive Market Average Price (US$/Unit) by Region (2020-2025)

Table 27. Global HVAC Variable Speed Drive Market Average Price (US$/Unit) by Region (2026-2031)

Table 28. Global HVAC Variable Speed Drive Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)

Table 29. Global HVAC Variable Speed Drive Consumption by Region (2020-2025) & (K Units)

Table 30. Global HVAC Variable Speed Drive Consumption Market Share by Region (2020-2025)

Table 31. Global HVAC Variable Speed Drive Forecasted Consumption by Region (2026-2031) & (K Units)

Table 32. Global HVAC Variable Speed Drive Forecasted Consumption Market Share by Region (2026-2031)

Table 33. North America HVAC Variable Speed Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 34. North America HVAC Variable Speed Drive Consumption by Country (2020-2025) & (K Units)

Table 35. North America HVAC Variable Speed Drive Consumption by Country (2026-2031) & (K Units)

Table 36. Europe HVAC Variable Speed Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 37. Europe HVAC Variable Speed Drive Consumption by Country (2020-2025) & (K Units)

Table 38. Europe HVAC Variable Speed Drive Consumption by Country (2026-2031) & (K Units)

Table 39. Asia Pacific HVAC Variable Speed Drive Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)

Table 40. Asia Pacific HVAC Variable Speed Drive Consumption by Region (2020-2025) & (K Units)

Table 41. Asia Pacific HVAC Variable Speed Drive Consumption by Region (2026-2031) & (K Units)

Table 42. Latin America, Middle East & Africa HVAC Variable Speed Drive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)

Table 43. Latin America, Middle East & Africa HVAC Variable Speed Drive Consumption by Country (2020-2025) & (K Units)

Table 44. Latin America, Middle East & Africa HVAC Variable Speed Drive Consumption by Country (2026-2031) & (K Units)

Table 45. Global HVAC Variable Speed Drive Production (K Units) by Type (2020-2025)

Table 46. Global HVAC Variable Speed Drive Production (K Units) by Type (2026-2031)

Table 47. Global HVAC Variable Speed Drive Production Market Share by Type (2020-2025)

Table 48. Global HVAC Variable Speed Drive Production Market Share by Type (2026-2031)

Table 49. Global HVAC Variable Speed Drive Production Value (US$ Million) by Type (2020-2025)

Table 50. Global HVAC Variable Speed Drive Production Value (US$ Million) by Type (2026-2031)

Table 51. Global HVAC Variable Speed Drive Production Value Market Share by Type (2020-2025)

Table 52. Global HVAC Variable Speed Drive Production Value Market Share by Type (2026-2031)

Table 53. Global HVAC Variable Speed Drive Price (US$/Unit) by Type (2020-2025)

Table 54. Global HVAC Variable Speed Drive Price (US$/Unit) by Type (2026-2031)

Table 55. Global HVAC Variable Speed Drive Production (K Units) by Application (2020-2025)

Table 56. Global HVAC Variable Speed Drive Production (K Units) by Application (2026-2031)

Table 57. Global HVAC Variable Speed Drive Production Market Share by Application (2020-2025)

Table 58. Global HVAC Variable Speed Drive Production Market Share by Application (2026-2031)

Table 59. Global HVAC Variable Speed Drive Production Value (US$ Million) by Application (2020-2025)

Table 60. Global HVAC Variable Speed Drive Production Value (US$ Million) by Application (2026-2031)

Table 61. Global HVAC Variable Speed Drive Production Value Market Share by Application (2020-2025)

Table 62. Global HVAC Variable Speed Drive Production Value Market Share by Application (2026-2031)

Table 63. Global HVAC Variable Speed Drive Price (US$/Unit) by Application (2020-2025)

Table 64. Global HVAC Variable Speed Drive Price (US$/Unit) by Application (2026-2031)

Table 65. ABB HVAC Variable Speed Drive Company Information

Table 66. ABB HVAC Variable Speed Drive Specification and Application

Table 67. ABB HVAC Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 68. ABB Main Business and Markets Served

Table 69. ABB Recent Developments/Updates

Table 70. Siemens HVAC Variable Speed Drive Company Information

Table 71. Siemens HVAC Variable Speed Drive Specification and Application

Table 72. Siemens HVAC Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 73. Siemens Main Business and Markets Served

Table 74. Siemens Recent Developments/Updates

Table 75. Danfoss HVAC Variable Speed Drive Company Information

Table 76. Danfoss HVAC Variable Speed Drive Specification and Application

Table 77. Danfoss HVAC Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 78. Danfoss Main Business and Markets Served

Table 79. Danfoss Recent Developments/Updates

Table 80. Nidec HVAC Variable Speed Drive Company Information

Table 81. Nidec HVAC Variable Speed Drive Specification and Application

Table 82. Nidec HVAC Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 83. Nidec Main Business and Markets Served

Table 84. Nidec Recent Developments/Updates

Table 85. Schneider Electric HVAC Variable Speed Drive Company Information

Table 86. Schneider Electric HVAC Variable Speed Drive Specification and Application

Table 87. Schneider Electric HVAC Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 88. Schneider Electric Main Business and Markets Served

Table 89. Schneider Electric Recent Developments/Updates

Table 90. Hitachi HVAC Variable Speed Drive Company Information

Table 91. Hitachi HVAC Variable Speed Drive Specification and Application

Table 92. Hitachi HVAC Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 93. Hitachi Main Business and Markets Served

Table 94. Hitachi Recent Developments/Updates

Table 95. Mitsubishi Electric HVAC Variable Speed Drive Company Information

Table 96. Mitsubishi Electric HVAC Variable Speed Drive Specification and Application

Table 97. Mitsubishi Electric HVAC Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 98. Mitsubishi Electric Main Business and Markets Served

Table 99. Mitsubishi Electric Recent Developments/Updates

Table 100. Toshiba HVAC Variable Speed Drive Company Information

Table 101. Toshiba HVAC Variable Speed Drive Specification and Application

Table 102. Toshiba HVAC Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 103. Toshiba Main Business and Markets Served

Table 104. Toshiba Recent Developments/Updates

Table 105. Johnson Controls HVAC Variable Speed Drive Company Information

Table 106. Johnson Controls HVAC Variable Speed Drive Specification and Application

Table 107. Johnson Controls HVAC Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 108. Johnson Controls Main Business and Markets Served

Table 109. Johnson Controls Recent Developments/Updates

Table 110. WEG SA HVAC Variable Speed Drive Company Information

Table 111. WEG SA HVAC Variable Speed Drive Specification and Application

Table 112. WEG SA HVAC Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 113. WEG SA Main Business and Markets Served

Table 114. WEG SA Recent Developments/Updates

Table 115. Daikin HVAC Variable Speed Drive Company Information

Table 116. Daikin HVAC Variable Speed Drive Specification and Application

Table 117. Daikin HVAC Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 118. Daikin Main Business and Markets Served

Table 119. Daikin Recent Developments/Updates

Table 120. Eaton HVAC Variable Speed Drive Company Information

Table 121. Eaton HVAC Variable Speed Drive Specification and Application

Table 122. Eaton HVAC Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 123. Eaton Main Business and Markets Served

Table 124. Eaton Recent Developments/Updates

Table 125. Yaskawa HVAC Variable Speed Drive Company Information

Table 126. Yaskawa HVAC Variable Speed Drive Specification and Application

Table 127. Yaskawa HVAC Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 128. Yaskawa Main Business and Markets Served

Table 129. Yaskawa Recent Developments/Updates

Table 130. Trane HVAC Variable Speed Drive Company Information

Table 131. Trane HVAC Variable Speed Drive Specification and Application

Table 132. Trane HVAC Variable Speed Drive Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 133. Trane Main Business and Markets Served

Table 134. Trane Recent Developments/Updates

Table 135. Key Raw Materials Lists

Table 136. Raw Materials Key Suppliers Lists

Table 137. HVAC Variable Speed Drive Distributors List

Table 138. HVAC Variable Speed Drive Customers List

Table 139. HVAC Variable Speed Drive Market Trends

Table 140. HVAC Variable Speed Drive Market Drivers

Table 141. HVAC Variable Speed Drive Market Challenges

Table 142. HVAC Variable Speed Drive Market Restraints

Table 143. Research Programs/Design for This Report

Table 144. Key Data Information from Secondary Sources

Table 145. Key Data Information from Primary Sources

Table 146. Authors List of This Report

List of Figures

Figure 1. Product Picture of HVAC Variable Speed Drive

Figure 2. Global HVAC Variable Speed Drive Market Value by Type, (US$ Million) & (2020-2031)

Figure 3. Global HVAC Variable Speed Drive Market Share by Type: 2024 VS 2031

Figure 4. Below 10 KW Product Picture

Figure 5. 10-100 KW Product Picture

Figure 6. Above 100 KW Product Picture

Figure 7. Global HVAC Variable Speed Drive Market Value by Application, (US$ Million) & (2020-2031)

Figure 8. Global HVAC Variable Speed Drive Market Share by Application: 2024 VS 2031

Figure 9. Air Handling Units

Figure 10. Cooling Towers

Figure 11. Pumps

Figure 12. Global HVAC Variable Speed Drive Production Value (US$ Million), 2020 VS 2024 VS 2031

Figure 13. Global HVAC Variable Speed Drive Production Value (US$ Million) & (2020-2031)

Figure 14. Global HVAC Variable Speed Drive Production Capacity (K Units) & (2020-2031)

Figure 15. Global HVAC Variable Speed Drive Production (K Units) & (2020-2031)

Figure 16. Global HVAC Variable Speed Drive Average Price (US$/Unit) & (2020-2031)

Figure 17. HVAC Variable Speed Drive Report Years Considered

Figure 18. HVAC Variable Speed Drive Production Share by Manufacturers in 2024

Figure 19. Global HVAC Variable Speed Drive Production Value Share by Manufacturers (2024)

Figure 20. HVAC Variable Speed Drive Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 21. The Global 5 and 10 Largest Players: Market Share by HVAC Variable Speed Drive Revenue in 2024

Figure 22. Global HVAC Variable Speed Drive Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)

Figure 23. Global HVAC Variable Speed Drive Production Value Market Share by Region: 2020 VS 2024 VS 2031

Figure 24. Global HVAC Variable Speed Drive Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)

Figure 25. Global HVAC Variable Speed Drive Production Market Share by Region: 2020 VS 2024 VS 2031

Figure 26. North America HVAC Variable Speed Drive Production Value (US$ Million) Growth Rate (2020-2031)

Figure 27. Europe HVAC Variable Speed Drive Production Value (US$ Million) Growth Rate (2020-2031)

Figure 28. China HVAC Variable Speed Drive Production Value (US$ Million) Growth Rate (2020-2031)

Figure 29. Japan HVAC Variable Speed Drive Production Value (US$ Million) Growth Rate (2020-2031)

Figure 30. Global HVAC Variable Speed Drive Consumption by Region: 2020 VS 2024 VS 2031 (K Units)

Figure 31. Global HVAC Variable Speed Drive Consumption Market Share by Region: 2020 VS 2024 VS 2031

Figure 32. North America HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 33. North America HVAC Variable Speed Drive Consumption Market Share by Country (2020-2031)

Figure 34. U.S. HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 35. Canada HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 36. Europe HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 37. Europe HVAC Variable Speed Drive Consumption Market Share by Country (2020-2031)

Figure 38. Germany HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 39. France HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 40. U.K. HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 41. Italy HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 42. Netherlands HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 43. Asia Pacific HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 44. Asia Pacific HVAC Variable Speed Drive Consumption Market Share by Region (2020-2031)

Figure 45. China HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 46. Japan HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 47. South Korea HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 48. China Taiwan HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 49. Southeast Asia HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 50. India HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 51. Latin America, Middle East & Africa HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 52. Latin America, Middle East & Africa HVAC Variable Speed Drive Consumption Market Share by Country (2020-2031)

Figure 53. Mexico HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 54. Brazil HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 55. Turkey HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 56. GCC Countries HVAC Variable Speed Drive Consumption and Growth Rate (2020-2031) & (K Units)

Figure 57. Global Production Market Share of HVAC Variable Speed Drive by Type (2020-2031)

Figure 58. Global Production Value Market Share of HVAC Variable Speed Drive by Type (2020-2031)

Figure 59. Global HVAC Variable Speed Drive Price (US$/Unit) by Type (2020-2031)

Figure 60. Global Production Market Share of HVAC Variable Speed Drive by Application (2020-2031)

Figure 61. Global Production Value Market Share of HVAC Variable Speed Drive by Application (2020-2031)

Figure 62. Global HVAC Variable Speed Drive Price (US$/Unit) by Application (2020-2031)

Figure 63. HVAC Variable Speed Drive Value Chain

Figure 64. Channels of Distribution (Direct Vs Distribution)

Figure 65. Bottom-up and Top-down Approaches for This Report

Figure 66. Data Triangulation

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