Air Handling Units Market Size, Share, and Analysis, By Type (Packaged, Modular, Custom), By Business Type (New Equipment and Aftermarket), By Capacity (Less than 5,000 M3/h, 5,001 M3/h-15,000 M3/h, 15,001 M3/h-30,000 M3/h, and more than 30,000 M3/h), and

Air Handling Units Market Size, Share, and Analysis, By Type (Packaged, Modular, Custom), By Business Type (New Equipment and Aftermarket), By Capacity (Less than 5,000 M3/h, 5,001 M3/h-15,000 M3/h, 15,001 M3/h-30,000 M3/h, and more than 30,000 M3/h), and By Application (Residential, Commercial, and Industrial), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

Air Handling Units Market Size, Share, and Analysis, By Type (Packaged, Modular, Custom), By Business Type (New Equipment and Aftermarket), By Capacity (Less than 5,000 M3/h, 5,001 M3/h-15,000 M3/h, 15,001 M3/h-30,000 M3/h, and more than 30,000 M3/h), and By Application (Residential, Commercial, and Industrial), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

PRODUCT OVERVIEW

Air Handling Units Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 12.3 billion and is projected to reach USD 23.8 billion by the completion of 2034.

Air handling units (AHUs) are essential components of HVAC systems which are used to manage and circulate air throughout spaces including offices, hospitals, and industrial facilities. These units consist of various elements such as filters, fans, coils, and dampers, that are essential for preserving the purity of the indoor air. They perform several activities, including drawing in outside air, filtering it to enhance air quality, conditioning it via coils, and distributing it throughout the building. The filtering process removes dust, allergens, and pollutants, resulting in better indoor environments. Meanwhile, fans help to circulate air, while dampers control airflow and guide conditioned air to specified places. Therefore, AHUs create optimal indoor conditions for residents and industrial procedures, by ensuring sufficient ventilation, temperature, and air purification. Their well-coordinated operation supports HVAC system efficiency while maintaining comfortable and healthful surroundings.

MARKET HIGHLIGHTS

Air Handling Units Market is projected to achieve USD 23.8 billion during the forecast period, owing to increased demand for efficient HVAC systems across diverse industries. This surge is driven by growing awareness regarding indoor air quality, energy efficiency regulations, and the requirement for improved ventilation systems. Additionally, the market observed significant developments such as increasing inclination toward energy-efficient AHUs that contain modern innovations such as heat recovery systems, variable air volume controls, and smart sensors to improve efficiency. Moreover, healthcare, industrial, and data centers, collectively make significant contributions to market growth by providing superior air quality and accurate temperature management. Furthermore, businesses across the world are prioritizing healthier indoor environments and energy-saving solutions, which is driving continuous innovation and technological improvements in AHU systems. Therefore, the trajectory of this market indicates that it will continue to expand as need for efficient HVAC systems remains a global priority.

Air Handling Units Market Segments:

• By Type
• Packaged
• Modular
• Custom
• By Business Type
• New Equipment
• Aftermarket
• By Capacity
• Less than 5,000 M3/h
• 5,001 M3/h-15,000 M3/h
• 15,001 M3/h-30,000 M3/h
• More than 30,000 M3/h
• By Application
• Residential
• Commercial
• Industrial

MARKET DYNAMICS

Growth Drivers

Growing Need for Energy-Saving Solutions Will Open Up New Business Prospects

Developing Commercial Infrastructure Will Create New Opportunities for Growth

Restraint

Concerns about high initial implementation costs may limit market growth

Key Players

• Daikin Industries Ltd.
• Carrier Global Corporation
• Trane Technologies plc
• Johnson Controls International plc
• Mitsubishi Electric Corporation
• Systemair AB
• LG Electronics Inc.
• Lennox International Inc.
• FläktGroup Holding GmbH
• Munters Group AB
• Nortek Air Solutions
• Sabiana S.p.A.
• Wolf GmbH
• Biddle B.V.
• CIAT Group
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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