Global Air Handling Unit Market

Global Air Handling Unit Market


Global Air Handling Unit Market By Product (Packaged rooftop Air Handling Units, Modular Air Handling Units, Custom Air Handling Units), By Effect (Single effect, Double effect) By Capacity (Up to 5000 m3/Hr, 5000 m3/Hr-15000 m3/Hr, Above 15000 m3/Hr), By Application (Industrial, Residential, Commercial) And By Geography – Covid-19 Impact Analysis, Post Covid Analysis, Opportunities, Trends And Forecast From 2020 to 2032

The global Air Handling Unit market was valued at $12.25 Billion in 2022 and is anticipated to grow at a CAGR of 6.98% from 2023 to 2033. This growth is attributed to several macro and microeconomic factors such as

Rising urbanization and construction activity


The rapid growth of cities and towns, known as urbanization, is a major force propelling the Air Handling Unit (AHU) market. As urban populations swell, the demand for new residential and commercial buildings soars, necessitating the installation of AHUs to provide essential ventilation and climate control. This trend is further amplified by the increasing focus on high-rise development in urban centers, where efficient HVAC systems are crucial for managing temperature and air quality in multi-story buildings. Furthermore, rising awareness of the impact of poor indoor air quality (IAQ) on health and well-being is fueling the demand for AHUs equipped with advanced filtration systems. These systems help create healthier and more comfortable indoor environments by removing pollutants, allergens, and other contaminants. Additionally, stricter building regulations in urban areas are mandating energy efficiency and sustainability, prompting the development of AHUs with features like variable frequency drives (VFDs) and heat recovery systems. These technologies help meet regulatory requirements while reducing energy consumption. Finally, the growth of specific industries concentrated in urban areas, such as healthcare, data centers, and laboratories, is creating a demand for specialized AHUs designed to meet their unique temperature and humidity control requirements. Therefore, rising urbanization and construction activity, combined with the growing need for improved IAQ, energy efficiency, and specialized systems, are key drivers propelling the global Air Handling Unit market towards continued growth and innovation.

Further several factors restraining the market growth include

High Initial Investment Costs


The high initial investment cost of Air Handling Units (AHUs) is a significant barrier to their wider adoption, particularly in developing economies and for small businesses. This cost encompasses the AHU unit itself, installation, maintenance and repairs, and limited financing options. The perceived return on investment (ROI) can be difficult to quantify, further deterring potential buyers. As a consequence, the market penetration of AHUs is restricted, innovation is discouraged, competition from alternative systems increases, and overall market growth stagnates. To address this challenge, manufacturers and stakeholders can implement various strategies. These include developing cost-effective AHUs, offering financing options, highlighting long-term benefits, promoting government incentives, developing standardized models, and encouraging competition. By tackling the high initial investment cost barrier, the AHU market can expand its reach, attract a more diverse customer base, and achieve long-term sustainable growth.

The Integration of IoT and Automation and collaborations and alliances in the Air Handling Unit market are expected to generate higher avenues during the forecast period.

In the wake of the COVID-19 pandemic, supply chain disruptions have led to supply shortages or lower demand in the Air Handling Unit market. The pandemic has caused a decline in new orders and a corresponding decrease in production.

This section will analyze how COVID-19 has impacted supply chains, leading to shortages and lower demand for Air Handling Unit.

In terms of COVID-19 impact, the Air Handling Unit market report also includes the following data points:

Impact on Air Handling Unit market size
Operating Weights Trend, Preferences, and Budget Impact
Regulatory Framework/Outdoor Policies
Key Players' Strategy to Tackle Negative Impact/Post-COVID Strategies
Opportunity in the Air Handling Unit market

Key Insight in the report:

The global Air Handling Unit market report covers an executive summary, market dynamics, COVID impact & post-COVID scenario, market size and forecast, competitive intelligence, market positioning, and End Users.

Our report covers extensive competitive intelligence which includes the following data points:

Business Overview
Business Segment Data
Financial Data
Product Segment Analysis and Specification
Recent Development and Company Strategy Analysis
SWOT Analysis

Air Handling Unit Market Segmentation:

Product
Packaged rooftop Air Handling Units
Modular Air Handling Units
Custom Air Handling Units
Effect
Single effect
Double effect
Capacity
Up to 5000 m3/Hr
5000 m3/Hr-15000 m3/Hr
Above 15000 m3/Hr
Application
Industrial
Residential
Commercial

Region/ Countries Covered:

North America
US
Canada
Mexico
Europe
U.K.
Germany
France
Italy
Belgium
Netherlands
Luxembourg
Rest of Europe
Asia Pacific
China
Japan
Australia
India
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Egypt
South Africa
Rest of Middle East & Africa

Key Players Analyzed in the Report:

SYSTEMAIR AB
Daikin Industries
Trane Inc.
Carrier Corporation
Johnson Control Incorporation
GEA Group
Flakt Group
Lennox International
Sabiana
VTS GROUP


CHAPTER 1. Executive Summary
CHAPTER 2. Scope of the Study
2.1. Market Definition
2.2. Market Scope & Segmentation
2.2.1. Objective of Report
CHAPTER 3. Evolve BI Methodology
3.1. Data Collection & Validation Approach
3.2. Market Size Estimation and Forecast
CHAPTER 4. Market Insights and Trends
4.1. Value Chain Analysis
4.1.1. Research and Development
4.1.2. Manufacturing
4.1.3. Distribution Channel
4.1.4. End-User
4.2. Porter’s Five Forces Analysis
4.2.1. Bargaining Power of Buyers
4.2.2. Bargaining Power of Suppliers
4.2.3. Threat of New Entrant
4.2.4. Threat of Substitute
4.2.5. Industry Rivalry
4.3. COVID-19 Impact and Post COVID Scenario on Air Handling Unit Market
4.3.1. Impact of COVID-19
4.3.2. Government Support and Industry Revival Policies
4.3.3. Measures Taken by Companies to Mitigate Negative Impact
4.3.4. Post COVID Trend
CHAPTER 5. Market Dynamics
5.1. Introduction
5.2. Drivers
5.2.1. Growing Population and Urbanization Drive the Requirement for Air Conditioning
5.2.2. Demand for a Clean and Safe Working Environment
5.2.3. Increasing Demand from Industrial Sectors
5.2.4. Surging Demand for Energy-Efficient Solutions
5.3. Restraints
5.3.1. Proliferation of Substandard Products
5.4. Opportunity
5.4.1. Rapid Integration of IoT in Air Handling Units
CHAPTER 6. Global Air Handling Unit Market, By Product
6.1. Introduction
6.1.1. Packaged Rooftop Air Handling Units
6.1.2. Modular Air Handling Units
6.1.3. Custom Air Handling Units
CHAPTER 7. Global Air Handling Unit Market, By Effect
7.1. Introduction
7.1.1. Single Effects
7.1.2. Double Effects
CHAPTER 8. Global Air Handling Unit Market, By Capacity
8.1. Introduction
8.1.1. Up to 5000 M3/Hr
8.1.2. 5000 M3/Hr-15000 M3/Hr
8.1.3. Above 15,000 M3/Hr
CHAPTER 9. Global Air Handling Unit Market, By Application
9.1. Introduction
9.1.1. Industrial
9.1.2. Residential
9.1.3. Commercial
CHAPTER 10. Global Air Handling Unit Market, By Region
10.1. Introduction
10.2. North America
10.2.1. North America: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
10.2.2. North America: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.2.3. North America: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.2.4. North America: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.2.5. North America: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.2.6. US
10.2.6.1. US: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.2.6.2. US: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.2.6.3. US: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.2.6.4. US: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.2.7. Canada
10.2.7.1. Canada: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.2.7.2. Canada: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.2.7.3. Canada: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.2.7.4. Canada: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.2.8. Mexico
10.2.8.1. Mexico: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.2.8.2. Mexico: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.2.8.3. Mexico: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.2.8.4. Mexico: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.3. Europe
10.3.1. Europe: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
10.3.2. Europe: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.3.3. Europe: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.3.4. Europe: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.3.5. Europe: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.3.6. U.K.
10.3.6.1. U.K.: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.3.6.2. U.K.: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.3.6.3. U.K.: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.3.6.4. U.K.: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.3.7. Germany
10.3.7.1. Germany: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.3.7.2. Germany: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.3.7.3. Germany: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.3.7.4. Germany: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.3.8. France
10.3.8.1. France: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.3.8.2. France: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.3.8.3. France: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.3.8.4. France: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.3.9. Italy
10.3.9.1. Italy: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.3.9.2. Italy: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.3.9.3. Italy: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.3.9.4. Italy: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.3.10. Belgium
10.3.10.1. Belgium: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.3.10.2. Belgium: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.3.10.3. Belgium: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.3.10.4. Belgium: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.3.11. Netherlands
10.3.11.1. Netherlands: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.3.11.2. Netherlands: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.3.11.3. Netherlands: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.3.11.4. Netherlands: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.3.12. Luxembourg
10.3.12.1. Luxembourg: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.3.12.2. Luxembourg: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.3.12.3. Luxembourg: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.3.12.4. Luxembourg: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.3.13. Rest of Europe
10.3.13.1. Rest of Europe: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.3.13.2. Rest of Europe: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.3.13.3. Rest of Europe: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.3.13.4. Rest of Europe: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.4. Asia Pacific
10.4.1. Asia Pacific: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
10.4.2. Asia Pacific: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.4.3. Asia Pacific: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.4.4. Asia Pacific: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.4.5. Asia Pacific: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.4.6. China
10.4.6.1. China: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.4.6.2. China: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.4.6.3. China: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.4.6.4. China: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.4.7. Japan
10.4.7.1. Japan: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.4.7.2. Japan: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.4.7.3. Japan: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.4.7.4. Japan: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.4.8. Australia
10.4.8.1. Australia: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.4.8.2. Australia: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.4.8.3. Australia: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.4.8.4. Australia: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.4.9. India
10.4.9.1. India: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.4.9.2. India: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.4.9.3. India: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.4.9.4. India: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.4.10. Rest of Asia Pacific
10.4.10.1. Rest of Asia Pacific: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.4.10.2. Rest of Asia Pacific: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.4.10.3. Rest of Asia Pacific: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.4.10.4. Rest of Asia Pacific: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.5. South America
10.5.1. South America: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
10.5.2. South America: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.5.3. South America: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.5.4. South America: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.5.5. South America: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.5.6. Brazil
10.5.6.1. Brazil: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.5.6.2. Brazil: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.5.6.3. Brazil: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.5.6.4. Brazil: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.5.7. Argentina
10.5.7.1. Argentina: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.5.7.2. Argentina: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.5.7.3. Argentina: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.5.7.4. Argentina: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.5.8. Rest of South America
10.5.8.1. Rest of South America: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.5.8.2. Rest of South America: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.5.8.3. Rest of South America: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.5.8.4. Rest of South America: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.6. Middle East & Africa
10.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2021 – 2033 ($ Million)
10.6.1.1. Middle East & Africa: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.6.1.2. Middle East & Africa: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.6.1.3. Middle East & Africa: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.6.1.4. Middle East & Africa: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.6.2. Saudi Arabia
10.6.2.1. Saudi Arabia: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.6.2.2. Saudi Arabia: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.6.2.3. Saudi Arabia: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.6.2.4. Saudi Arabia: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.6.3. UAE
10.6.3.1. UAE: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.6.3.2. UAE: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.6.3.3. UAE: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.6.3.4. UAE: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.6.4. Egypt
10.6.4.1. Egypt: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.6.4.2. Egypt: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.6.4.3. Egypt: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.6.4.4. Egypt: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.6.5. South Africa
10.6.5.1. South Africa: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.6.5.2. South Africa: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.6.5.3. South Africa: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.6.5.4. South Africa: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
10.6.6. Rest of Middle East & Africa
10.6.6.1. Rest of Middle East & Africa: Market Size and Forecast, By Product, 2021 – 2033 ($ Million)
10.6.6.2. Rest of Middle East & Africa: Market Size and Forecast, By Effects, 2021 – 2033 ($ Million)
10.6.6.3. Rest of Middle East & Africa: Market Size and Forecast, By Capacity, 2021 – 2033 ($ Million)
10.6.6.4. Rest of Middle East & Africa: Market Size and Forecast, By Application, 2021 – 2033 ($ Million)
CHAPTER 11. Competitive Landscape
11.1. Competitior Benchmarking 2023
11.2. Market Share Analysis, 2022
11.3. Key Developments Analysis By Top 5 Companies
11.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players
CHAPTER 12. Company Profiles
12.1. SYSTEMAIR AB
12.1.1. Business Overview
12.1.2. Financial Analysis
12.1.2.1. Geographic Revenue Mix, 2022 (% Share)
12.1.3. Product Portfolio
12.1.4. Recent Development and Strategies Adopted
12.1.5. SWOT Analysis
12.2. Daikin Industries
12.2.1. Business Overview
12.2.2. Financial Analysis
12.2.2.1. Business Segment Revenue, 2022, $ Million
12.2.2.2. Geographic Revenue Mix, 2022 (% Share)
12.2.3. Product Portfolio
12.2.4. Recent Development and Strategies Adopted
12.2.5. SWOT Analysis
12.3. Trane Inc
12.3.1. Business Overview
12.3.2. Financial Analysis
12.3.2.1. Business Segment Revenue, 2022, $ Million
12.3.2.2. Geographic Revenue Mix, 2022 (% Share)
12.3.3. Product Portfolio
12.3.4. Recent Development and Strategies Adopted
12.3.5. SWOT Analysis
12.4. Carrier Corporation.
12.4.1. Business Overview
12.4.2. Financial Analysis
12.4.2.1. Business Segment Revenue, 2022, $ Million
12.4.2.2. Geographic Revenue Mix, 2022 (% Share)
12.4.3. Product Portfolio
12.4.4. Recent Development and Strategies Adopted
12.4.5. SWOT Analysis
12.5. Johnson Control Incorporation.
12.5.1. Business Overview
12.5.2. Financial Analysis
12.5.2.1. Business Segment Revenue, 2022, $ Million
12.5.2.2. Geographic Revenue Mix, 2022 (% Share)
12.5.3. Product Portfolio
12.5.4. Recent Development and Strategies Adopted
12.5.5. SWOT Analysis
12.6. GEA Group
12.6.1. Business Overview
12.6.2. Financial Analysis
12.6.2.1. Business Segment Revenue, 2022, $ Million
12.6.2.2. Geographic Revenue Mix, 2022 (% Share)
12.6.3. Product Portfolio
12.6.4. Recent Development and Strategies Adopted
12.6.5. SWOT Analysis
12.7. Flakt Group
12.7.1. Business Overview
12.7.2. Product Portfolio
12.7.3. Recent Development and Strategies Adopted
12.8. Lennox International
12.8.1. Business Overview
12.8.2. Financial Analysis
12.8.2.1. Business Segment Revenue, 2022, $ Million
12.8.2.2. Geographic Revenue Mix, 2022 (% Share)
12.8.3. Product Portfolio
12.8.4. Recent Development and Strategies Adopted
12.9. Sabiana
12.9.1. Business Overview
12.9.2. Financial Analysis
12.9.2.1. Business Segment Revenue, 2022, $ Million
12.9.2.2. Geographic Revenue Mix, 2022 (% Share)
12.9.3. Product Portfolio
12.9.4. Recent Development and Strategies Adopted
12.10. VTS GROUP
12.10.1. Business Overview
12.10.2. Product Portfolio
12.10.3. Recent Development and Strategies Adopted

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