Damper Actuators Market by Type, End-user and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023

Pages: 165

SKU: IRTNTR45345

Snapshot

Damper Actuators Market Analysis Report 2023-2027:

The Damper Actuators Market size is estimated to grow at a CAGR of 8.8% between 2022 and 2027 and the size of the market is forecast to increase by USD 817.48 million. The growth of the market depends on several factors, including increasing demand for enhanced energy efficiency in HVAC systems, rise in construction activity with access to affordable technology, and building energy efficiency regulations.

This report extensively covers market segmentation by type (non-spring return damper actuator and spring return damper actuator), end-user (commercial, residential, and industrial), and geography ( North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Damper Actuators Market During the Forecast Period?

Damper Actuators Market Forecast 2023-2027

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Damper Actuators Market Dynamics

Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.

Driver- The rise in construction activity with access to affordable technology is a major driving factor for the growth of the global damper actuators market during the forecast period.

Construction activities are an essential aspect of the growth of the global economy and the development of a country. There have been major technological changes in the construction sector, not only in terms of affordable living but also in accommodating the growing needs of industrialization and commercial activities.

As construction projects often include the development of commercial buildings, residential complexes, and infrastructure projects, such as airports, hospitals, and shopping malls, these structures need efficient HVAC systems to provide heating, cooling, and ventilation. Hence, there is a significant demand for damper actuators across industries, as these devices play a major role in regulating airflow and maintaining optimal indoor conditions in all these buildings. Thus, such applications are expected to drive the global damper actuators market growth during the forecast period.

Trends- The growing adoption of IoT-enabled damper actuators is the primary trend in the global damper actuators market growth

Damper actuators have a wide variety of applications in smart building systems. These devices when integrated with smart building systems enable advanced control and automation capabilities.

Some of the key applications include communication with central building management systems, allowing for centralized monitoring, control, and optimization of HVAC operations. There is a growing adoption of damper actuators in smart building systems as it leads to enhanced energy efficiency, enable predictive maintenance, and improve the performance of the overall system. Therefore, such benefits are expected to drive the global damper actuators market growth during the forecast period.

Challenge- The high initial cost of installing damper actuators is a major challenge to the growth of the global damper actuators market

Factors such as significant upfront investments including the cost of the actuators themselves, the installation expenses, and integration with existing HVAC systems can negatively impact the global damper actuators market growth. The cost of the damper actuators depends on factors such as the type and quality of the actuators, the complexity of the installation, and the size of the HVAC system.

Additionally, some of the key cost factors include the installation process which may involve several modifications to the existing HVAC infrastructure, as well as wiring and control systems. Thus, as several organizations work under severe budget constraints, it might limit the willingness to invest in damper actuators. Hence, such factors can significantly hinder the global damper actuators market growth during the forecast period.

Damper Actuators Market Segmentation by Type, End-user, and Geography

Type Segment Analysis

The non-spring return damper actuator segment will account for a major share of the market's growth during the forecast period. One of the main features of non-spring damper actuators is they allow for precise and accurate positioning of dampers, enabling finer control over airflow and ventilation within HVAC systems leading to more energy efficiency and occupant comfort. Also, these types of damp actuators offer faster response times, allowing for quick adjustments to changes in environmental conditions or control signals.

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The non-spring return damper actuator segment was valued at USD 673.49 million in 2017 and continued to grow until 2021. Some of the key application areas of non-spring return damper actuators include commercial buildings, industrial facilities, and residential structures. One of the main features of these types of damper actuators, they can be customized and tailored to specific requirements, making them versatile for different installation scenarios. This damper actuator enables automated and remote control of damper operations by integrating them with building automation systems and control networks. Due to fewer mechanical components and a more robust design, they can offer longer service life and increased reliability with less maintenance. Hence, such benefits are expected to drive the growth of this segment which in turn will drive the global damper actuators market growth during the forecast period.

End-user Analysis

Based on end-user, the market has been segmented into commercial, residential, and industrial. The commercial segment mainly includes the retail, academic, healthcare, government office buildings, hotels, and recreational sectors. Due to the adoption of damper actuators, and HVAC control systems, commercial sectors can save more than 40% of energy. Many of the HVAC indoor applications can be effectively operated by NEMA 1-rated actuators, with the exception of explosion-proof or water-proof actuators categorized under NEMA 4/NEMA 7. As a result, commercial buildings can minimize the number of actuators for these applications which in turn will reduce the overall cost of HVAC systems, otherwise known as heating, ventilation, and cooling systems, which are an integral part of modern buildings. Thus, such factors are expected to drive the global damper actuators market growth during the forecast period.

Regional Analysis

North America is estimated to contribute 32% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.

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Some of the prominent markets in North America which have a major market share in the damper actuators market include countries such as the US and Canada, due to their significant demand for energy-efficient HVAC systems and they are major end-users of HVAC systems in the residential sector. Factors such as consistent efforts from the governments in reinforcing and implementing energy efficiency norms and the presence of experienced players with high expertise have significantly contributed to the damper actuators market growth in the region. Other factors include a rise in residential and commercial construction activities and increased consumer awareness and participation. Hence, such factors are expected to drive the global damper actuators market growth during the forecast period.

Covid Recovery Analysis:

In 2020, during the COVID-19 pandemic, the growth of the global damper actuators market witnessed a significant slowdown due to the decline in industrial and construction activities, especially in countries like US, Canada, and Mexico. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to a surge in investment inflows across end-user industries, such as real estate, construction, manufacturing, and others, led not only to the reopening of the production facilities for damper actuators but also helped in the resumption of construction activities. Such factors are expected to drive the market during the forecast period.

Who are the Major Damper Actuators Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AB Regin: The company offers damper actuator solutions such as Damper actuators with spring return, Damper actuators with communication, and spring return.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market vendors, including:

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies vendors into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Vendors are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.

Segment Overview

The damper actuators market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Type Outlook (USD Million, 2017 - 2027)
- Non-spring return damper actuator
- Spring return damper actuator
End-user Outlook (USD Million, 2017 - 2027)
- Commercial
- Residential
- Industrial
Geography Outlook (USD Million, 2017 - 2027)
- North America
  - The U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- South America
  - Chile
  - Argentina
  - Brazil
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa

Damper Actuators Market Scope
Report Coverage	Details
Page number	165
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 8.8%
Market growth 2023-2027	USD 817.48 million
Market structure	Fragmented
YoY growth 2022-2023(%)	8.1
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 32%
Key countries	US, Canada, China, Germany, and France
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	AB Regin, Azbil Corp., BELIMO Holding AG, Chao Feng Technology Ningbo Co. Ltd., DMI Technology Corp., Dura Control Systems, Dwyer Instruments LLC, Greenheck Fan Corp., Honeywell International Inc., HONUTEC BV, iO HVAC Controls, Johnson Controls International Plc, Kinetrol Ltd., KMC Controls Inc., Matsushima Measure Tech Co. Ltd., Rotork Plc, Schneider Electric SE, Siemens AG, Sontay Ltd., and Soolon Controls Beijing Co. Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Damper Actuators Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the Damper Actuators Market between 2023 and 2027
Precise estimation of the damper actuators market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of damper actuators market vendors

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global damper actuators market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global damper actuators market 2017 - 2021 ($ million)

4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

4.3 End-user Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type

6.3 Non-spring return damper actuator - Market size and forecast 2022-2027
- Exhibit 34: Chart on Non-spring return damper actuator - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Non-spring return damper actuator - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Non-spring return damper actuator - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Non-spring return damper actuator - Year-over-year growth 2022-2027 (%)

6.4 Spring return damper actuator - Market size and forecast 2022-2027
- Exhibit 38: Chart on Spring return damper actuator - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Spring return damper actuator - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Spring return damper actuator - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Spring return damper actuator - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ million)
- Exhibit 43: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)

7.2 Comparison by End-user
- Exhibit 46: Chart on Comparison by End-user
- Exhibit 47: Data Table on Comparison by End-user

7.3 Commercial - Market size and forecast 2022-2027
- Exhibit 48: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Commercial - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

7.4 Residential - Market size and forecast 2022-2027
- Exhibit 52: Chart on Residential - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Residential - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Residential - Year-over-year growth 2022-2027 (%)

7.5 Industrial - Market size and forecast 2022-2027
- Exhibit 56: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Industrial - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Industrial - Year-over-year growth 2022-2027 (%)

7.6 Market opportunity by End-user
- Exhibit 60: Market opportunity by End-user ($ million)
- Exhibit 61: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2022-2027 (%)
- Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027
- Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027
- Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 APAC - Market size and forecast 2022-2027
- Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 China - Market size and forecast 2022-2027
- Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)

9.10 Germany - Market size and forecast 2022-2027
- Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.11 Canada - Market size and forecast 2022-2027
- Exhibit 99: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Canada - Year-over-year growth 2022-2027 (%)

9.12 France - Market size and forecast 2022-2027
- Exhibit 103: Chart on France - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on France - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on France - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on France - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 107: Market opportunity by geography ($ million)
- Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption

11.4 Industry risks
- Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 113: Vendors covered

12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification

12.3 AB Regin
- Exhibit 115: AB Regin - Overview
- Exhibit 116: AB Regin - Product / Service
- Exhibit 117: AB Regin - Key offerings

12.4 Azbil Corp.
- Exhibit 118: Azbil Corp. - Overview
- Exhibit 119: Azbil Corp. - Business segments
- Exhibit 120: Azbil Corp. - Key news
- Exhibit 121: Azbil Corp. - Key offerings
- Exhibit 122: Azbil Corp. - Segment focus

12.5 DMI Technology Corp.
- Exhibit 123: DMI Technology Corp. - Overview
- Exhibit 124: DMI Technology Corp. - Product / Service
- Exhibit 125: DMI Technology Corp. - Key offerings

12.6 Dura Control Systems
- Exhibit 126: Dura Control Systems - Overview
- Exhibit 127: Dura Control Systems - Product / Service
- Exhibit 128: Dura Control Systems - Key offerings

12.7 Dwyer Instruments LLC
- Exhibit 129: Dwyer Instruments LLC - Overview
- Exhibit 130: Dwyer Instruments LLC - Product / Service
- Exhibit 131: Dwyer Instruments LLC - Key offerings

12.8 Greenheck Fan Corp.
- Exhibit 132: Greenheck Fan Corp. - Overview
- Exhibit 133: Greenheck Fan Corp. - Product / Service
- Exhibit 134: Greenheck Fan Corp. - Key offerings

12.9 Honeywell International Inc.
- Exhibit 135: Honeywell International Inc. - Overview
- Exhibit 136: Honeywell International Inc. - Business segments
- Exhibit 137: Honeywell International Inc. - Key news
- Exhibit 138: Honeywell International Inc. - Key offerings
- Exhibit 139: Honeywell International Inc. - Segment focus

12.10 Johnson Controls International Plc
- Exhibit 140: Johnson Controls International Plc - Overview
- Exhibit 141: Johnson Controls International Plc - Business segments
- Exhibit 142: Johnson Controls International Plc - Key news
- Exhibit 143: Johnson Controls International Plc - Key offerings
- Exhibit 144: Johnson Controls International Plc - Segment focus

12.11 Kinetrol Ltd.
- Exhibit 145: Kinetrol Ltd. - Overview
- Exhibit 146: Kinetrol Ltd. - Product / Service
- Exhibit 147: Kinetrol Ltd. - Key offerings

12.12 KMC Controls Inc.
- Exhibit 148: KMC Controls Inc. - Overview
- Exhibit 149: KMC Controls Inc. - Product / Service
- Exhibit 150: KMC Controls Inc. - Key offerings

12.13 Matsushima Measure Tech Co. Ltd.
- Exhibit 151: Matsushima Measure Tech Co. Ltd. - Overview
- Exhibit 152: Matsushima Measure Tech Co. Ltd. - Product / Service
- Exhibit 153: Matsushima Measure Tech Co. Ltd. - Key offerings

12.14 Rotork Plc
- Exhibit 154: Rotork Plc - Overview
- Exhibit 155: Rotork Plc - Business segments
- Exhibit 156: Rotork Plc - Key offerings
- Exhibit 157: Rotork Plc - Segment focus

12.15 Schneider Electric SE
- Exhibit 158: Schneider Electric SE - Overview
- Exhibit 159: Schneider Electric SE - Business segments
- Exhibit 160: Schneider Electric SE - Key news
- Exhibit 161: Schneider Electric SE - Key offerings
- Exhibit 162: Schneider Electric SE - Segment focus

12.16 Siemens AG
- Exhibit 163: Siemens AG - Overview
- Exhibit 164: Siemens AG - Business segments
- Exhibit 165: Siemens AG - Key news
- Exhibit 166: Siemens AG - Key offerings
- Exhibit 167: Siemens AG - Segment focus

12.17 Soolon Controls Beijing Co. Ltd.
- Exhibit 168: Soolon Controls Beijing Co. Ltd. - Overview
- Exhibit 169: Soolon Controls Beijing Co. Ltd. - Product / Service
- Exhibit 170: Soolon Controls Beijing Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 171: Inclusions checklist
- Exhibit 172: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 173: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 174: Research methodology
- Exhibit 175: Validation techniques employed for market sizing
- Exhibit 176: Information sources

13.5 List of abbreviations
- Exhibit 177: List of abbreviations

Methodology

Research Framework

Technavio 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.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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