Air Handling Units Market is anticipated to expand at a compounded annual growth rate (CAGR) of 6.2% during the forecast period of 2022-2030
The global
air handling units market is anticipated to expand at a
compounded annual growth rate (CAGR) of 6.2% during the forecast period of
2022-2030.
As part of a building's central air filtration system,
air handling units (AHUs), also known as air handlers or air systems,
recondition the air to maintain and control the temperature within. Typically, galvanized
steel, aluminum, and other alloy panels are used to create a metallic frame for
these units. They are also known as energy-efficient air purifiers since they
are equipped with double-walled panels for increased energy efficiency. The
heating and cooling coils, ventilators, filter chambers, dampers, and accents
are a few of the crucial components of the air handling system.
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Growth
Drivers:
The increasing demand and usage of air handling units
across a variety of application sectors globally, the rising pollution levels
in the world, the escalating technological advancements in air handling units,
the rising demand for comfortable living and working conditions, the burgeoning
need for energy-efficient air handling units for quality indoor air regulation,
and the increasing number of air handling unit launches are the key factors
driving the growth of this market.
In addition, other elements like rising air handling unit
production, a growing urbanised world population, the conversion of warehouses
and vacant buildings into new commercial and residential spaces for tenants,
which is increasing demand for effective air conditioning systems, and the lack
of regulations governing the air handling unit industry in developing nations
are anticipated to support the growth of the sector even more.
However, during the forecast period, factors like
fluctuating raw material prices, low air handling unit
availability in underdeveloped regions, the presence of low-quality
alternatives for air handling units, the lack of standardisation, and lack of
awareness regarding the advantages of HVAC systems are expected to restrain the
market's growth to some extent.
Air Handling Units Market Segmentation:
By Type:
· Packaged
· Modular
· Custom
· DX
Integrated
· Low
Profile (Ceiling)
· Rooftop
Mounted
· Others
By Capacity:
· ≤5,000
m3/h
· 5,001
– 15,000 m3/h
· 15,001
– 30,000 m3/h
· 30,001
– 50,000 m3/h
· ≥50,001
m3/h
By Application:
· Commercial
· Residential
By Region:
· North
America
· Europe
· Asia
Pacific
· Latin
America
· Middle
East and Africa
Key Companies in Air Handling Units Market:
· Trane
Technologies plc
· Johnson
Controls International plc
· Systemair
AB
· Flakt
Woods GroupDaikin Industries Ltd.
· Carrier
Corporation
· Trox
GmbH
· Lennox
International Inc.
· Munters
AB
· Blue
Star Limited
· Airedale
International Air Conditioning Ltd.
· G.I.
Holding Group
· Other
Players
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