Actuators Market Size, Share, Industry Growth & Analysis, 2029 sina.com.hk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com.hk Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ The global industrial valves and actuators market size will expand at a CAGR of 4.31% and observe an incremental growth of USD 13.27 billion.
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NEW YORK, June 30, 2021 /PRNewswire/
The HVAC actuators market is poised to grow by USD 464.50 million during 2021-2025, progressing at a CAGR of over 5% during the forecast period.
Technavio has announced its latest market research report titled HVAC Actuators Market by End-user and Geography - Forecast and Analysis 2021-2025
Read the 120-page report with TOC on HVAC Actuators Market Analysis Report by End-user (Non-residential and Residential), Geography (APAC, North America, Europe, MEA, and South America), and the Segment Forecasts, 2021-2025 .
The market is driven by the growing demand for fail-proof HVAC controls. In addition, rising investments in commercial and residential buildings is anticipated to boost the growth of the HVAC actuators market.