Electronic Damper Market Opportunities, Sales, Revenue, Gross Margin and Trends Analysis Report 2030 With Thyssenkrupp, Tenneco, Volkswagen Group

PRESS RELEASE
Published August 7, 2023

The electronic dampers market is expanding as a result of increased occupant comfort demands, energy efficiency demands, and the adoption of smart buildings. To regulate the airflow through ductwork, HVAC (Heating, Ventilation, and Air Conditioning) systems employ electronic dampers, sometimes referred to as motorised dampers or electric dampers. It is made out of a moveable flap or plate that may be electrically changed to control how much air enters or exits particular zones or rooms in a building. By enabling precise regulation of airflow to various regions, electronic dampers are frequently employed in zoning systems to increase energy efficiency, comfort, and indoor air quality.

The Electronic Dampers Market is anticipated to reach USD 12.2 billion by 2030, expanding at a CAGR of 6.2% between 2023 and 2030.

Demand for energy-saving HVAC systems is rising as energy efficiency and sustainability in buildings are being given more attention. Electronic dampers provide for more accurate airflow control, improving energy management and lowering heating and cooling system energy usage. The need for electronic dampers is projected to rise as governments and organisations enact more stringent energy efficiency rules. The development of smart building technologies has accelerated the integration of HVAC systems with control and automation systems for buildings. Electronic dampers that can be remotely controlled, connected into building management systems, and provide enhanced automation and energy optimisation are in line with the trends in smart buildings.

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List of the Top Key Players of Electronic Damper Market:

Thyssenkrupp, Tenneco, Volkswagen Group, Casa, KW Suspensions, ZF, Systemair, Continental, Hitachi Automotive Systems, Showa Denko, Magneti Marelli

Total Market by Segment:

Global Electronic Damper Market Segment Percentages By Type

Adjustable Shock Absorber

Non-Adjustable Shock Absorber

Global Electronic Damper Market Segment Percentages by Application

Commercial Vehicles

Passenger Vehicles

Electronic Damper Market Regional Analysis:

The biggest markets for electronic dampers are in North America, Europe, and Asia-Pacific. The market is expanding in North America as a result of increased occupant comfort demands, energy efficiency demands, and the adoption of smart buildings. Due to rising consumer health concern and increased demand for wireless electronic dampers, the market in Europe is likewise expanding rapidly. Due to rising disposable income and increased knowledge of the advantages of electronic dampers, the market in Asia-Pacific is anticipated to expand at the quickest rate over the projected period.

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Impact of COVID-19

Building projects and installations were frequently suspended during times of harsh lockdowns and restrictions. As a result, in certain areas, the installation of new HVAC systems, such as electronic dampers, may have been postponed or scaled back. The COVID-19 pandemic raised awareness of the dangers of poor indoor air quality on human health. Building owners and operators may have spent extra money to upgrade and improve HVAC systems, such as electronic dampers, to promote air circulation and ventilation in response.

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Frequently Asked Questions about Electronic Damper market:

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By automatically altering the airflow of a system to fit the actual demand, electronic dampers can aid in increasing energy efficiency. Energy expenses may be significantly reduced as a result of this. By offering more accurate airflow control, electronic dampers can contribute to increased occupant comfort. This may contribute to a more welcoming and effective atmosphere. The airflow in a system can be managed by electronic dampers, which can aid in lowering noise levels. As a result, the atmosphere could become calmer and more serene.

Table of Contents – Major Key Points

  1. Introduction
  2. Research Methodology
  3. Market Dynamics
  4. Impact Analysis

4.1. COVID-19 Impact Analysis

4.2. Impact of Ukraine- Russia war

4.3. Impact of ongoing Recession on Major Economies

  1. Value Chain Analysis
  2. Porter’s 5 Forces Model
  3. PEST Analysis
  4. Global Electronic Damper Market Segmentation, by Transaction Mode
  5. Global Electronic Damper Market, by Payment Type
  6. Global Electronic Damper Market, by End User
  7. Global Electronic Damper Market, by Application
  8. Regional Analysis
  9. Company Profiles
  10. Competitive Landscape
  11. Conclusion

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