Air Handling Units Market By Product (Packaged, Modular, Custom), Capacity (Less than 5000m3/hr, 5000m3/hr to 15000m3/hr, higher than 15000m3/hr), Application (Commercial, Residential) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

An air handling unit (AHU), often referred to as air handler, is a component of the HVAC (heating, ventilating, and air-conditioning) systemused to circulate air throughout the system. The air handling unit is typically designed in a large metal box comprising various components such as fans, filters,heating/cooling elements, silencers and dampers. The metal box is typically made up of galvanized steel or aluminum alloys in order to ensure better environmental protection. In addition, the AHUs are equipped with joint sealing, weatherproof lids and others for longer life. The AHUs are connectedto the air conditioning system using a ductwork ventilation system which further circulates the conditioned air throughout the application (buildings etc.).

With the rising urbanization and industrialization globally, the demand for air conditioning systems have rose significantly in the recent years. Due to further anticipated industrial and urban growth in the emerging countries, the demand for air conditioning systems is expected to grow steadily in the coming years. This is estimated to be the prime factor bolstering the AHU market growth. AHU manufacturers design their products depending upon the application. This has led to emergence of wide array of products suitable of various end-use applications thereby leading to higher demand. This is another major factor responsible for AHU market growth. Further, due to stringent regulations over the air quality in air conditioning systems, the productproduct evolution in the market is expected to remain strong during the forecast period.

Air Handling Units Market

The report titled “GlobalAir Handling Units Market- Growth, Share, Opportunities and Competitive Analysis, 2016 – 2023” offers strategic insights into the global air handling units market along with the market size and estimates for the duration 2014 to 2023. The said research study covers in-depth analysis of multiple market segments based on product types, capacity, applications and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2015&2023. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

In order to help strategic decision makers, the report also includes competitive profiling of the leading AHU manufacturers, their SCOT (Strength, Challenges, Opportunities and Weaknesses) analysis, market positioning and key developments. Some of the major players profiled in the report are Carrier Corporation, GEA Heat Exchangers Group, Daikin Industries Ltd., Trane, Inc., Mitsubishi Electric, Johnson Controls, Inc., Systemair Ltd., CIAT Group, Flakt Woods Group, Novenco ASand others. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the air handling units and HVAC industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2014 – 2015)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global air handling units market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above mentioned factors.

The global air handling units market is segmented, based on its applications, into following categories

  • Commercial
  • Residential

Air Handling Units Market

The global air handling units market was dominated, in terms of revenue and adoption, by the commercial segment in 2015. The commercial segment comprises various spaces such as industrial, retail, healthcare, corporate office spaces and many others. Air conditioning systems have witnessed high adoption across these applications since the past several years. This is the prime factor for high revenue share of commercial application segment.

Air handling units having capacity from 3000m3/hr to more than 15000m3/hr are used across the commercial application sector. With the rising construction activities across the commercial and industrial sectors, the segment is estimated to retain its dominant position in the market throughout the forecast period. Nevertheless, due to rising adoption of residential air conditioners, the residential segment is projected to register the highest growth in the global air handling units market.

The global air handling units market has been segmented, on the basis of geographical regions, as per following regions and countries:

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • EU7
    • CIS
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • South Asia
    • Australasia
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC countries
    • North Africa
    • Southern Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Air Handling Units Market

As of 2015, the air handling units market worldwide is dominated by the Asia Pacific region. The Asia Pacific region contributed to more than one third of the total revenue generated in 2015. The market here is mainly driven by countries such as Japan, India, China and other Southeast Asia countries. Rising construction activities across the residential, industrial and commercial sectors is the prime factor bolstering the air conditioning systems in the region. As a result, the demand for air handling units is highly supported here thereby retaining the dominant position throughout the forecast period. Climatic changes is another significant factor responsible for overall air handling units market growth worldwide.

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Published Date:  Jun 2016
Category:  Building & Construction
Report ID:   57896
Report Format:   PDF
Pages:   120
Rating:    4.1 (55)
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