Published Date: September 2024
Air Handling Unit (AHU) is the composition of elements which are mounted in large, accessible box shaped units called as modules. Air Handling Unit are installed on roof of buildings and through duct the air is circulated to reach each of the rooms in building. Filtration and controlling the quality of air, controlling air temperature and relative humidity monitoring are the main function of AHU.Rising demand for Air Handling Unit (AHU), from various application sector such as hospitals, industries, commercial buildings, data centers, universities and server rooms is expected to propel the Air Handling Unit (AHU) market growth over the forecast period. Air Handling Unit Market Size was valued at USD 15.6 Billion in 2024 and is expected to reach USD 26.7 Billion by 2034 growing at a CAGR of 6.1%.
The report “Air Handling Unit Market, By Type (Packaged, Modular, Custom, DX Integrated, Low Profile (Ceiling), Rooftop Mounted, and Others), By Capacity (? 5000 m3/h, 5001–15000 m3/h, 15001–30000 m3/h, 30001–50000 m3/h, and ? 50001 m3/h), By Application (Commercial and Residential), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”
Key Highlights:
- In August 2022, Daikin launched new “Modular T AHU” series air handling unit which consist of three filtration stages. Newly launched product help in filtering outside air for removing external pollutants to supply extracts inside air and also help in decreasing concentration of indoor pollutants and supplies healthy fresh air.
- In March 2021, Hitachi launched new range of “new-age Room Air Conditioners” for new informed world consumers. Newly launched product offers ultimate ease and comfort. The company also launched new “airCloud Home” app for its Wi-Fi enabled ACs featured with smart geo fencing and voice command.
Analyst View:
The key factor driving the growth of the Air Handling Unit market is increasing demand for Air Handling Unit from various application sectors. Rising population has contributed in rising demand for commerce, retail and residential buildings which in turn result in target market growth. Further, rising global temperature and rising pollution level is expected to boost the demand for Air Handling Unit market growth over the forecast period. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.
Key Market Insights from the report:
The Air Handling Unit Market is segmented based on Type, Capacity, Application and Region.
- Based on Type, Air Handling Unit Market is segmented into Packaged, Modular, Custom, DX Integrated, Low Profile (Ceiling), Rooftop Mounted, and Others.
- Based on Capacity, Air Handling Unit Market is segmented into (? 5000 m3/h, 5001–15000 m3/h, 15001–30000 m3/h, 30001–50000 m3/h, and ? 50001 m3/h.
- Based on Application, Air Handling Unit Market is segmented into Commercial and Residential.
- By Region, the Air Handling Unit Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
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Competitive Landscape & their strategies of Air Handling Unit Market:
The prominent players operating in the Air Handling Unit Market includes, Daikin Industries, Ltd., Carrier Corporation, Trane Inc., Johnson Controls, Inc., GEA Group AG, Systemair AB, Flakt Woods Group, CIAT Group, Trox GmbH, Lennox International, Inc., and others.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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