Global Air Handling Units Market By Application (Commercial, Residential), Capacity (5000 m3/h, 5001-15000 m3/h, 15001-30000 m3/h, 30001-50000 m3/h, and 50001 m3/h), Type (Packaged Air Handling Units, Modular Air Handling Units and Custom Air Handling Units, Dx Integrated Air Handling Units, Low Profile (Ceiling) Air Handling Units and Rooftop Mounted Air Handling Units), Effect (Single and Double), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028
The air handling units market is expected to witness market growth at a rate of 5.4% in the forecast period of 2021 to 2028. Data Bridge Market Research report on air handling units market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the novel technologically advanced products is escalating the growth of the air handling units market.
The air handling unit (AHU), also known as air handler, is referred to as a central air filtration system that reconditions the air to maintain the air quality and indoor temperatures. It is generally accumulated utilizing a metallic frame that is made of aluminium, galvanized steel, and other alloys, and it is armed with double-walled panels for energy efficiency.
Major factors that are expected to boost the growth of the air handling units market in the forecast period are the rise in the technological developments in air handling units. Furthermore, an increase in the need chemical, food and beverages, pharmaceutical, and oil and gas industries is further anticipated to propel the growth of the air handling units market. Moreover, the rise in the pollution level across the globe is further estimated to cushion the growth of the air handling units market. On the other hand, inactive development of the air handling units market is further projected to impede the growth of the air handling units market in the timeline period.
In addition, the fewer rules regarding the air handling units industry in the advancing countries and the new product innovation and advancement will further provide potential opportunities for the growth of the air handling units market in the coming years. However, the variations in the costs in the raw material prices might further challenge the growth of the air handling units market in the near future.
This air handling units market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the air handling units market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Air handling Units Market Scope and Market Size
The air handling units market is segmented on the basis of type, effect, capacity, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the air handling units market is segmented into packaged air handling units, modular air handling units, custom air handling units, dx integrated air handling units, low profile (ceiling) air handling units, and rooftop mounted air handling units.
- On the basis of effect, the air handling units market is segmented into single and double.
- On the basis of capacity, the air handling units market is segmented into ü5000 m3/h, 5001-15000 m3/h, 15001-30000 m3/h, 30001-50000 m3/h, and 50001 m3/h.
- On the basis of application, the air handling units market is segmented into commercial and residential.
Air handling Units Market Country Level Analysis
The air handling units market is analyzed, and market size, volume information is provided by country, type, effect, capacity, and application as referenced above.
The countries covered in the air handling units market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, rest of the Middle East and Africa (M.E.A.) as a part of the Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the air handling units market due to the rise in the economic growth rate. Furthermore, the increase in the investments across several sectors, such as pharmaceutical, building and construction, hospitals, data centers, and research and development laboratories, will further boost the growth of the air handling units market in the region during the forecast period. North America is projected to observe a significant amount of growth air handling units market due to the growing initiatives taken by the governments for the utilization of energy-efficient systems by offering subsidies and tax benefits. Moreover, the current customers are also upgrading to new energy-efficient systems is further anticipated to propel the growth of the air handling units market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Air handling Units Market Share Analysis
The air handling units market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the air handling units market.
The major players covered in the air handling units market report are Daikin Industries, Ltd., Carrier., Trane Technologies plc, Johnson Controls, G.E.A. Group Aktiengesellschaft, Systemair AB, Flaktwoods India Pvt. Ltd., CIAT Group, TROX GmbH, Lennox International, Airedale Air Conditioning, Sabiana SpA, WOLF GmbH, Novenco, Euroclima SpA., V.T.S. Group, Hitachi, Ltd., Swegon, Engineered Products, and Altra Industrial Motion, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.