Global Air Handling Units
Market Report
2024
Air Handling Units Market size will be USD 11.5 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Air Handling Units Market size will be USD 11.5 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Air Handling Units Market Sales Revenue 2024 | $ 11.5 Billion |
Global Air Handling Units Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.5% |
Market Split by Type |
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Market Split by Capacity |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Air Handling Units industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Air Handling Units Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Air handling units manage air movement from the outside to the inside of a building. The units take in air from outside and regulate it, which includes cooling, heating, and humidifying, bringing fresh air into buildings. It consists of a blower part, a duct system, a heating coil, and air from the interiors. It provides fresh air inside by heating or cooling it to the appropriate temperature for the rooms or buildings. However, The key element driving market expansion is increased demand from a variety of application industries, including residential and commercial structures. Furthermore, worldwide urbanization and population expansion are expected to fuel demand for air conditioners, hence propelling the market forward. According to the World Bank, approximately 55% of the world's population lives in metropolitan areas. Furthermore, the trend is expected to continue in the following years. The expanding urban population is driving up the demand for residential, commercial, and retail structures. The increase in the number of these buildings is expected to drive up demand for efficient HVAC systems, including air handling units.
Rising Population and Urbanization Increase the Need for Air Conditioning - Today, around 55% of the world's population, or 4.2 billion people, live in cities. This trend is projected to continue. By 2050, the urban population is predicted to double, with roughly seven out of every ten people living in cities. The growing population is also driving up demand for retail, commercial, and residential buildings. Urban areas are seeing the construction of mixed-use buildings that combine business and retail space with residential apartments and condominiums. Vacant warehouses and buildings are being renovated into new business and residential areas for tenants. To ensure high occupancy rates, developers must now focus more on understanding what renters want and need in terms of building design and facilities. These factors are directly influencing the demand for efficient air conditioning systems, including air handling units. Rapid transformation of Iot within air handing units
High Installation and Maintenance costs Sluggish growth of air handling units market in Europe and North America
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In January 2022, Johnson Controls announced the debut of OpenBlue Indoor Air Quality as a Service for Buildings, which provides energy-efficient, turnkey clean air solutions through an innovative financing mechanism.
Top Companies Market Share in Air Handling Units Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, in 2024, Asia-Pacific had the biggest global market share for air handling units. Increased industrialization and fast urbanization in countries such as China, India, Vietnam, and Indonesia boost construction activity, further fueling market expansion. Moreover, the bulk of the region's governments invest in the building sector to boost their economies.
The North American air handling units market is expected to grow at a consistent CAGR over the next several years. The increasing number of attempts by government agencies to encourage the use of energy-efficient equipment through tax breaks and subsidies is likely to boost market expansion in the region. Furthermore, the increased emphasis on the development of new air handling systems is expected to drive market expansion. The development of new innovative energy-efficient air handling devices allows users to upgrade their existing systems. Furthermore, the increasing number of infrastructure projects and rising awareness about air quality are expected to fuel market expansion.
The current report Scope analyzes Air Handling Units Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Air Handling Units Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Air Handling Units Industry growth. Air Handling Units market has been segmented with the help of its Type, Capacity Application, and others. Air Handling Units market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the packaged rooftop is expected to lead the Air Handling Units Market revenue over the forecast period. A packed rooftop unit contains all of the components required to produce conditioned air in one compact device. Retail and industrial properties frequently use packaged rooftop air handling units. Because these units are located on the roof, there is no need to create additional space or room to accommodate them, as is the case with other types of AHU.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Air Handling Units Industry. Request a Free Sample PDF!
Chemical and materials are one of the most important industries for other sectors including automotive, pharmaceutical, personal care, consumer goods and others. The demand for high quality and environment friendly products is increasing in various end-use sectors. Thus, key manufacturers are focusing on technological advancement in production of high-quality chemicals. The segment analysis will help to understand which is the most attractive application/end use sector. It also provides the year on year (Y-O-Y) growth rate for each segment. Moreover, this study includes the detailed analysis of each segment to understand the key positive and negative factors which are impacting the growth of the Air Handling Units Market.
Some of the key Capacity of Air Handling Units are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Air Handling Units market report 2024 Edition by contacting our team.
Senior Research Analyst at Cognitive Market Research
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I am a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis, I thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making. My analytical mindset, coupled with effective communication skills, allows me to bridge the gap between data analysis and practical business applications.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Air Handling Units Market is witnessing significant growth in the near future.
In 2023, the Packaged Rooftop segment accounted for noticeable share of global Air Handling Units Market and is projected to experience significant growth in the near future.
The Upto 5000 m3/hr segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Systemair (Sweden) , Trane (Ireland) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Type | Packaged Rooftop, Modular, Custom, Low profile, Rooftop-Mounted, Others |
Capacity | Upto 5000 m3/hr, 5000 m3/hr – 15000 m3/hr, Above 15000 m3/hr |
Application | Industrial, Residential, Commercial |
List of Competitors | Systemair (Sweden), Daikin Industries (Japan), Trane (Ireland), Carrier Corporation (US), Johnson control incorporation (Ireland), GEA Group (German), Flakt group (Germany), Lennox International (US), Sabiana (Italy), VTS Group (Luxembourg) |
This chapter will help you gain GLOBAL Market Analysis of Air Handling Units. Further deep in this chapter, you will be able to review Global Air Handling Units Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Air Handling Units Market Trends North America Air Handling Units Technological Road Map North America Air Handling Units Market Drivers North America Air Handling Units Market Restraints North America Air Handling Units Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Capacity Analysis 2019 -2031
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Chapter 12 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Air Handling Units market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Packaged Rooftop have a significant impact on Air Handling Units market? |
What are the key factors affecting the Packaged Rooftop and Modular of Air Handling Units Market? |
What is the CAGR/Growth Rate of Upto 5000 m3/hr during the forecast period? |
By type, which segment accounted for largest share of the global Air Handling Units Market? |
Which region is expected to dominate the global Air Handling Units Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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