Global Air Handling Units Market Synopsis
Market reports associated to the energy and power industry have been
presented by Market Research Future which creates reports on other industry
verticals that outlines the current market scenarios. The market is anticipated
to develop at a CAGR of 5.1% in the forecast period. The buildings of present
and the future are expected to integrate central cooling conditioners and
heating equipment so as to ensure a better degree of control on air quality as
well as the energy consumed.
The demand for effective HVAC units such as air
handling units is modifying the market’s competitive landscape. The global rise
in the construction of offices, schools, commercial buildings, and industries
is expected to bolster further development of the air handling unit market.
Factors such as mounting industrialization, growing infrastructure projects,
expanding number district cooling/heating projects are expected to alter the
market’s growth in the forecast period optimistically.
Segmental
Analysis
The segmentation of the air
handling unit market can be segmented on the basis of capacity, effect, and
region.
On the basis of effect, the market is segmented
into Double Effect and Single Effect.
On the basis of capacity, the air handling units
market is segmented into 5000m3/hr - 15000m3/hr, up to 5000m3/hr, and above
15000m3/hr.
The regions that are a portion of the market are
Europe, North America, Asia Pacific and rest of the world.
Regional
Analysis
The market for air handling units covers regions
such as Europe, North America, Asia Pacific and rest of the world.
The market is expected to observe noteworthy growth
throughout the forecast period due to the rising concern for air quality and
increasing HVAC applications in the sector of air conditioning and heating
projects. The Middle East region and the Asia Pacific region are likely to
boost the market owing to the high demand for infrastructure as the wealth of
these regions advances.
The Middle East region is expected to see an
increase in projects from district cooling and heating and new smart cities
that are being equipped with centralized air systems. This is likely to push
the AHU market, positively. Also, the regulations for maintaining the air
quality in the commercial building for a healthy environment for workers is
also motivating the need for air handling units to support proper ventilation
across the buildings.
Competitive
Analysis
The market is well equipped to meet the challenges
and keep up with the dynamic growth trends effectively. The framework for
growth plans also has inspired the market for potential new entrants. The
adjustments seen in terms of strategy execution and creation are modifying the
development pace of the market. The market competitors are making considerable
adjustments to minimalize the occurrence of competitive disadvantage. The
evolution patterns are reviewed in tandem to the customer likings to realize abundant
growth, and in the long run, viability. The leadership trends in the market are
strengthening the level of growth that can be realized in the existing market
scenario. The plan formulation course in the market has become
meaningfully easier in which deviations are well accounted for; this approach
surges the overall success of these plans in the market.
Leading Players
The eminent market players in the air handling units
market are TROX (U.S.), Systemair (Sweden), GEA Air Treatment (Germany),
Johnson Controls (U.S.), Lennox International (U.S.), and Flakt Woods (U.K.).
Sabiana (U.K.), and Hitachi Ventus (Japan), Trane Inc. (Ireland), Daikin
(Japan), Flakt Woods Group (Sweden), Carrier Corporation (UK), CIAT Group
(France), and Swegon (Sweden), are among others.
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