Air Handling Units Market Size is estimated to grow at a CAGR of 6.2% during the forecast period

 

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.

Air handling units (AHUs) are central air filtration systems that recondition the air to maintain and regulate the indoor temperatures and air quality. They are also called air handlers or air systems. Typically, a metallic frame constructed of aluminum, galvanized steel, and other alloy panels is used to construct these devices. These devices are also referred to as energy-efficient air purifiers since they have double-walled panels for energy economy. A few of the crucial components of the air handling system are accentuates, filter chambers, dampers, heating and cooling coils, and ventilators.

 

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Growth Drivers:

The main factors propelling this market's growth are the increasing demand and use of air handling units across a range of application sectors globally; the skyrocketing levels of pollution across the globe; the rapid advancements in technology for these units; the growing demand for comfortable living and working environments; the growing need for energy-efficient units to regulate indoor air quality; and the growing number of air handling units with larger capacities being introduced by market players globally.

Additionally, effective air handling systems are necessary for the successful operation of the majority of infrastructures, including buildings, offices, and factories. The world's growing infrastructure projects and accelerating industrialization are other major factors driving the growth of the air handling units market. Along with this, several regions are seeing a sharp increase in the investments made in industrial production. As a result, the need for air conditioning and heating systems is growing along with the number of homes and structures. The need for air handling units is rising due to the increasing number of infrastructure projects, and this is driving up the market for air handling units as a whole.

In addition, other factors like the rising production of air handling units, the world's population growth combined with urbanization, the conversion of vacant buildings and warehouses into new commercial and residential spaces for tenants, which increases the demand for energy-efficient air conditioning systems, and the lack of regulations pertaining to the air handling units industry in emerging nations are anticipated to further support the market's growth during the forecast period.

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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