Air Handling Units Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

 

An air handling unit (AHU) also referred to as an air handler is the air filtration made up of galvanized steel, aluminum, and other alloys which are equipped with double-walled panels to ensure the energy efficiency is used to control the moment of air from the outside to the inside of a building. It takes the air from the outside and conditions it, which involves heating, dampening, and cooling, and supplies fresh air to the building or the assigned space. It can be implemented in residential buildings as well as commercial buildings. An air handling units consist of a fan, filter, cooling coil, heating coil, blower system, duct system, and motor system. It cools the rooms and supplies fresh air inside by heating or cooling them in accordance with the temperature of the inside air.

The Air Handling Units Market is expected to grow at a steady rate of around 6% to the increasing number of hospitals, industries, universities, data centers, commercial buildings, and server rooms coupled with the growing demand for energy-efficient products are expected to propel the market. Major companies in the market offer affordable products with technologically advanced features. For instance, in September 2021, CIAT launched a new range of air handling units CLIMACIATPower which offers high efficiency and heat recovery option and is also suitable for larger buildings and projects.

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 According to UnivDatos Market Insights (UMI)’ research report “Global Air Handling Units Market”, the market is expected to witness robust growth during the forecast period (2022-2028). This is mainly due to the growing awareness of hygienic air and growing infrastructure across the world.

Based on type, the market is segmented into modular, custom, rooftop units, DX integration, packaged, and others. The packaged air handling unit witnessed higher CAGR during the forecast period owing to their applicability to implementation in the smaller building as well as in commercial complexes as they are having fixed components. The cooling units in the packaged air handling units comprising of the air handling blower, expansion valve, evaporator, and filter which are located on the floor ceiling. The innovative product offering and modification as per the requirement is the other factor that is contributing to the market growth of packaged air handling units.

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Based on the application, the air handling units’ market has been classified into the commercial, residential, and industrial segments. The commercial air handling unit segment is expected to witness significant market growth during the forecast period owing to the establishment of commercial buildings such as hospitals, schools & universities, shopping malls, and others across the world. However, the share for the residential and industrial segment also witnesses significant growth due to the growing demand for hygienic & centralized cooling systems globally. Furthermore, the increasing investment in the industrial segment propels the market growth for this segment across the globe.

APAC to witness extensive growth

For a better understanding of the market adoption of the air handling units industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing investment across several sectors such as building & construction, pharmaceutical, data center & development laboratories. Additionally, growing disposable income and surging per capita spending of individuals in the emerging economies of the region are driving the growth of the market. Moreover, the rapid industrialization & urbanization coupled with the growing awareness among individuals for maintaining adequate hygienic air quality on the premises. Also, technological advancement such as the integration of AI, ML, and sensors technology for motion-activated air conditioning is also propelling the market growth for the air handling unit. The growing use of three-dimensional printing also provides additional cost-effectiveness and makes it more affordable & accessible for the individuals of the growing economies as well. Furthermore, the increasing investment and mergers & acquisitions in the field of air handling tools market also accounted for the significant market growth.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the air handling units market are Carrier Corporation, DAIKIN INDUSTRIES, Ltd., Barkell Ltd., Trosten Industries Company LLC, Systemair AB, Wolf GmbH, Hitachi Ventus, CIAT Group, Johnson Controls, and Lennox International.

“Global Air Handling Units Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.        

Market Segmentation:

1.      By Type (Modular, Custom, Rooftop Unit, Dx Integration, Packaged, and Others)

2.      By Working Principle (Blow-Through and Draw-Through)

3.      By Application (Commercial, Residential, and Industrial Segments)

4.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.      By Company (Carrier Corporation, DAIKIN INDUSTRIES, Ltd., Barkell Ltd., Trosten Industries Company LLC, Systemair AB, Wolf GmbH, Hitachi Ventus, CIAT Group, Johnson Controls, and Lennox International.)

Key questions answered in the study:

1.      What are the current and future trends of the global air handling units industry?

2.      How the industry has been evolving in terms of type, working principle, and application?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global air handling units industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global air handling units suppliers across various region and countries?