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.
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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.
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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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