Share this article
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.