Report Scope & Overview:
Air Handling Units Market Size was valued at USD 12.64 billion in 2022, and is expected to reach USD 20.62 billion by 2030, and grow at a CAGR of 6.3% over the forecast period 2023-2030.
The airflow from the outside to the inside of the building is controlled by the air handling unit. The unit takes air from outside and cools, heats, and adds or removes moisture from it. This gives buildings fresh air. It can be used in buildings for business or for living. It has a section for the blower, a duct system, a heating coil or a cooling coil, a fan, a filter, and a section for the motor. It gets rid of all the stale air from the inside. It brings in fresh air by heating or cooling it, depending on how warm or cool the air needs to be inside the room or building. Most of the time, these AHU systems are put in the basement, on the roof, or on the floors of buildings. They are used as part of a system to cool and ventilate a room.
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More people are living in cities, so they use air conditioning more.
Demand from the food and drink, pharmaceutical, and chemical industries is going up.
Demand for energy-efficient solutions is growing.
Concerns about how the machines work and the need for regular maintenance
IoT technologies are being used more and more in air handling units.
Changes and improvements made to AHUs for commercial and residential use
Changes in the prices of raw materials and the high cost of installing them.
Impact of Covid-19:
The covid 19 continues to cause problems on the market that have never been seen before. Several problems are happening in the market for equipment that moves air. There aren't enough air-handling units to go around. Because of this, it has become harder for the home building and manufacturing industries to meet demand. Another problem on the market is how slowly things are made. Making things takes longer because there aren't enough raw materials. Interruptions in the supply chain are also changing the outlook for the market for handling units.
Still, COVID-19 is likely to get better as the market around the world gets stronger. The major players on the market are taking steps to increase output. Also, distribution network interruptions are expected to get better over the course of the planned time.
Low Profile (Ceiling)
5,001 – 15,000 m3/h
15,001 – 30,000 m3/h
30,001 – 50,000 m3/h
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The reports say that this market is split into four different areas: North America, Asia-Pacific, Europe, the Middle East, and Africa. Most people think that the Asia-Pacific market will grow faster than the rest of the world. As industrialization grows in the Asia-Pacific region, so does the need for HVAC systems. Also, this area is growing at a rate that has never been seen before. Because of these things, the need for air handling systems grows. During the projected period, the market is expected to have its most impressive growth in sales.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
Carrier Corporation-Company Financial Analysis
|Market Size in 2022||US$ 12.64 Billion|
|Market Size by 2030||US$ 20.62 Billion|
|CAGR||CAGR of 6.3% From 2023 to 2030|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• 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)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Systemair AB, Trox GmbH, Carrier Corporation, Flakt Woods Group, Trane Inc, Johnson Controls Inc, GEA Group AG, Hitachi Ventus, and other players.|
|DRIVERS||• More people are living in cities, so they use air conditioning more.
• Demand from the food and drink, pharmaceutical, and chemical industries is going up.
• Demand for energy-efficient solutions is growing.
|Restraints||• Concerns about how the machines work and the need for regular maintenance|
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: IoT technologies are being used more and more in air handling units and Changes and improvements made to AHUs for commercial and residential use are the opportunity for Air Handling Units Market.
Ans: The covid 19 continues to cause problems on the market that have never been seen before. Several problems are happening in the market for equipment that moves air. There aren't enough air-handling units to go around. Because of this, it has become harder for the home building and manufacturing industries to meet demand. Another problem on the market is how slowly things are made. Making things takes longer because there aren't enough raw materials. Interruptions in the supply chain are also changing the outlook for the market for handling units.
Ans: More people are living in cities, so they use air conditioning more, Demand from the food and drink, pharmaceutical, and chemical industries is going up and Demand for energy-efficient solutions is growing are the restraints for Air Handling Units Market.
Ans: Air Handling Units Market Size was valued at USD 11.9 billion in 2021, and expected to reach USD 18.25 billion by 2028, and grow at a CAGR of 6.3 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.2 Impact on major economies
188.8.131.52 United Kingdom
184.108.40.206 South Korea
220.127.116.11 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Air Handling Units Market Segment, By Type
8.4 DX Integrated
8.5 Low Profile (Ceiling)
8.6 Rooftop Mounted
9.Air Handling Units Market Segment, By Capacity
9.1 ≤5,000 m3/h
9.2 5,001 – 15,000 m3/h
9.3 15,001 – 30,000 m3/h
9.4 30,001 – 50,000 m3/h
9.5 ≥50,001 m3/h
10.Air Handling Units Market Segment, By Application
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profile
12.1 Systemair AB
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Trox GmbH
12.3 Carrier Corporation
12.4 Flakt Woods Group
12.5 Trane Inc
12.6 Johnson Controls Inc
12.7 GEA Group AG
12.8 Hitachi Ventus
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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