Market Insight

Machine builders threaten low voltage drive suppliers in the commercial HVAC market

October 26, 2017  | Subscribers Only

Peter Taylor Peter Taylor Analyst, Electric Motor Systems
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Commercial HVAC industry overview

The commercial HVAC sector is the largest market for low-voltage drives and is often regarded by drive suppliers as a commercial stronghold, which is less volatile than other industry sectors, such as oil and gas, which is more cyclical in nature. Several drive suppliers are focusing more on this relatively stable $1.2 billion sector, to offset falling revenues in the struggling process sectors, despite the commercial HVAC industry typically generating smaller profits than others.

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