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.
.png)
Get More Information on Air Handling Units Market - Request Sample Report
Market Dynamics:
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
Opportunity:
IoT technologies are being used more and more in air handling units.
Changes and improvements made to AHUs for commercial and residential use
Challenge:
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.
Market Segment:
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
Get Customized Report as per your Business Requirement - Request For Customized Report
Regional Analysis:
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.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The 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
Key Players:
Systemair AB, Trox GmbH, Carrier Corporation, Flakt Woods Group, Trane Inc, Johnson Controls Inc, GEA Group AG, Hitachi Ventus, and other players.
Carrier Corporation-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| 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 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| 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. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 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
8.1 Packaged
8.2 Modular
8.3 Custom
8.4 DX Integrated
8.5 Low Profile (Ceiling)
8.6 Rooftop Mounted
8.7 Others
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
10.1 Commercial
10.2 Residential
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profile
12.1 Systemair AB
12.1.1 Financial
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.Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Protective Coatings Market size is expected to expand at a CAGR of 6% from USD 14.62 billion in 2022 to USD 23.31 billion in 2030. In the anticipated period, the civil building and infrastructure industry in the APAC region is expected to expand, resu
The Phase Change Material Market Size was valued at USD 560.36 million in 2022, and expected to reach USD 1901.42 million by 2030, and grow at a CAGR of 16.5% over the forecast period 2023-2030.
The Organosilicon Polymers (Polysiloxane) Market Size was valued at USD 1.77 billion in 2022, and expected to reach USD 2.48 billion by 2030, and grow at a CAGR of 4.3% over the forecast period 2023-2030.
The Dyes and Pigments Market size was valued at USD 39.1 billion in 2022. It is expected to grow to USD 58.65 billion by 2030 and grow at a CAGR of 5.2% over the forecast period of 2023-2030.
The Polyolefin Pipes Market Size was valued at expected to reach USD 29.66 billion by 2030, and USD 19.77 billion in 2022 and grow at a CAGR of 5.2% over the forecast period 2023-2030.
The polymer solar cells market Size was valued at USD 0.09 billion in 2022 and is expected to reach USD 0.43 billion by 2030 and grow at a CAGR of 21.6 % over the forecast period 2023-2030.
Hi! Click one of our member below to chat on Phone
© 2023 All Rights Reserved by SNS Insider Pvt Ltd
