Global Residential Air Handling Units (AHU) Market Growth 2024-2030

Global Residential Air Handling Units (AHU) Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global Residential Air Handling Units (AHU) market size was valued at US$ 5030.2 million in 2023. With growing demand in downstream market, the Residential Air Handling Units (AHU) is forecast to a readjusted size of US$ 7271.1 million by 2030 with a CAGR of 5.4% during review period.

The research report highlights the growth potential of the global Residential Air Handling Units (AHU) market. Residential Air Handling Units (AHU) are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Residential Air Handling Units (AHU). Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Residential Air Handling Units (AHU) market.

Air handling unit (AHU) is a central air conditioning unit that handles the air circulating within the entire HVAC system.

According to the United Nations, the global population will reach about 8.5 billion in 2030, 9.7 billion in 2050, and 10.4 billion in 2100. Population growth is partly affected by declining mortality levels.

As the population has grown significantly, the use of HVAC systems has become increasingly common. For example, air conditioners and electric fans already account for about a fifth of total electricity use in buildings worldwide, or 10% of total global electricity use (according to the IEA). More and more people around the world now live in cities. In 2011, the proportion of the population living in urban areas was 52.0% and is expected to increase to 56.5% by 2021, according to the United Nations Conference on Trade and Development. This proportion is generally higher in developed countries (79.5% in 2021) than in developing countries (51.8%). In addition, urbanization is one of the most significant changes after industrialization and economic development, which has a huge impact on human society and its living environment. Urbanization has been most pronounced in developing economies over the past few years, particularly in Asia and Oceania. According to the United Nations Conference on Trade and Development, the urbanization rate increased from 43.3% in 2011 to 50.0% in 2021. Africa grew by 4.6 percentage points (pp) during the same period. In contrast, further urbanization in developing economies in the Americas has been relatively modest, as levels of urbanization in these regions are already comparable to those in advanced economies. In emerging markets in the Asia-Pacific region, particularly China and India, many people are migrating from rural areas to cities, increasing government and private spending on housing, commercial buildings and infrastructure. The construction of new buildings creates a huge need for the installation of new equipment for heating, ventilation and air conditioning systems.

Key Features:

The report on Residential Air Handling Units (AHU) market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Residential Air Handling Units (AHU) market. It may include historical data, market segmentation by Type (e.g., Below 15000 m3/h, 15000-50000 m3/h), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Residential Air Handling Units (AHU) market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Residential Air Handling Units (AHU) market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Residential Air Handling Units (AHU) industry. This include advancements in Residential Air Handling Units (AHU) technology, Residential Air Handling Units (AHU) new entrants, Residential Air Handling Units (AHU) new investment, and other innovations that are shaping the future of Residential Air Handling Units (AHU).

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Residential Air Handling Units (AHU) market. It includes factors influencing customer ' purchasing decisions, preferences for Residential Air Handling Units (AHU) product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Residential Air Handling Units (AHU) market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Residential Air Handling Units (AHU) market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Residential Air Handling Units (AHU) market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Residential Air Handling Units (AHU) industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Residential Air Handling Units (AHU) market.

Market Segmentation:

Residential Air Handling Units (AHU) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Below 15000 m3/h
15000-50000 m3/h
Above 50000 m3/h

Segmentation by application
Villa
Apartment
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Daikin Industries
Johnson Controls
Carrier
Munters Air Treatment
AL-KO
TROX
Nortek Global HVAC
EUROKLIMAT
Sinko
GREE
TICA
Trane

Key Questions Addressed in this Report

What is the 10-year outlook for the global Residential Air Handling Units (AHU) market?

What factors are driving Residential Air Handling Units (AHU) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Residential Air Handling Units (AHU) market opportunities vary by end market size?

How does Residential Air Handling Units (AHU) break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.