HVAC Motors Market– Overview
HVAC systems are essential in industrial and office buildings to manage the costs of heating and cooling, especially when the structure is large enough that it requires different temperature zones throughout the building. Motors are used extensively in HVAC systems, so it pays to replace standard motors with the new and efficient ones. It is more beneficial in investing in variable speed drives for motors to reduce speed and save energy. HVAC motors possess some special features such as ball bearings, Heavy-gauge steel base and are suitable for mounting in any position. They possess dynamically balanced rotors for reduced vibration and quiet operation. Owing to these features, HVAC motors have a wide range of applications such as ventilators, summer cooling fans, band saws, drill presses and farm equipment among others.
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By using HVAC systems as part of overall energy management plan, electricity smart companies are ensuring continued comfort and safety of their workers without incurring dramatic increases in energy costs. HVAC motors are being widely adopted for a variety of fan applications requiring the motor to either be mounted in or out of the air stream for proper ventilation. The motors either have an epoxy finish for harsh applications or other motors have a baked-on enamel finish. The use of HVAC motors ensures enhanced control functionality and uses 50% less electricity as compared to the energy intensive systems.
Prominent Players:
Baldor Electric Company (U.S.), Marathon Electric Motors (U.S.), Us Motors (U.S.), Fasco Motors (U.S.) and Genteq Motors (U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the USA HVAC Motors Market.
Industry/ Innovation/ Related News:
February 2017- Nidec Corporation completed the acquisition of Leroy-Somer and Control Techniques, Emerson Electric’s motors, drives and electric power generation businesses. The acquisitions broaden Nidec’s motor offering and product lineup. In the United States, the new acquisitions include units that operated as Emerson Industrial Automation USA and Kato Engineering, Inc. Through this acquisition, Nidec has strengthened its ability to serve power generation, pumping, air moving, automation equipment and other applications.
May 2014- Genteq Motors introduced its EON high speed motor. This is the first Genteq ECM designed for use with backward inclined wheels at very high fan speeds which provides huge system efficiency gains when compared to forward inclined.
Competitive Analysis:
The HVAC motors Market appears to be competitive with the presence of several large and small players operating in the Market. These Key players compete based upon pricing, quality, Technology and reputation. HVAC Motors market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. Manufacturers operating in the market strive to respond to the growing demand for HVAC motors in various applications such as unitary, furnace, WSHP, air conditioner, heat pump, ventilator, air handler and fan powered terminal unit. They ensure to deliver the best quality products based on innovative technologies, and best practices.
Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.
USA HVAC Motors Market – Segmentation
The USA HVAC Motors Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by types – chiller/cooling tower motors, fan and blower motors, condenser fan motors and shaft grounding motors
Segmentation by applications – unitary, furnace, WSHP, air conditioner, heat pump, ventilator, air handler and fan powered terminal unit.
Segmentation by Regions – California, Texas, Washington and Others
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USA HVAC Motors Regional Market Analysis
The HVAC motors market in U.S. is growing at a rapid pace and will continue to grow owing to huge demand of HVAC motors in the application segment such as unitary, furnace, WSHP, air conditioner, heat pump, ventilator, air handler and fan powered terminal unit. To meet the current demand, the production of HVAC motors is increasing. The growing infrastructure and construction industry is one of the major reason contributing to the growth of the market.
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