The global air handling unit
market is anticipated to expand at a compounded annual growth rate (CAGR) of 6.2%
during the forecast period of 2022-2030.
Air handling units (AHUs), also referred to as air handlers or air systems,
are central air filtration systems that recondition the air to maintain and
regulate the air quality and indoor temperatures. These units are typically
made utilizing a metallic frame composed of galvanized steel, aluminum, and
other alloy panels. These units are also armed with double-walled panels for
energy efficiency, so they are also known as energy-efficient air purifiers. Heating
& cooling coils, ventilators, filter chambers, dampers, and accentuates are
some of the important elements of the air handling system.
factors driving the growth of this market include the augmenting demand and
usage of air handling units across various application sectors around the globe;
the soaring pollution levels worldwide; the escalating technological
developments in air handling units; the augmenting demand for comfortable
living and working conditions; the burgeoning need for energy-efficient air
handling unit for quality indoor air regulation; and the increasing launching
of air handling units with greater capacities by market players across all
majority of the infrastructures such as offices, buildings, and industries need
efficient air handling systems for proper functioning. The surging
industrialization and the increasing number of infrastructure projects across
the globe are also acting as a significant factor fueling the growth of the air
handling units market. With this, the investments made in industrial production
is also witnessing a steep surge in many regions. Thus, the rising number of buildings
& residences is increasing the demand for air heating and cooling systems.
The growing number of infrastructure projects is raising the demand for air
handling units, which in turn leads to the significant growth of the overall air
handling units market.
number of people affected with various respiratory diseases is spiraling worldwide
at a tremendous rate. Conditions such as asthma and lung disease are poised to
grow at unprecedented rates due to the rising levels of air pollution. As such,
the awareness among consumers regarding the need for quality air in buildings
and houses is escalating. Also, their awareness and inclination towards
products with environmental and health benefits are surging compared to
products without such benefits. This rise in awareness is creating growth in
the adoption of air handling units, resulting in the expansion of the global aid
handling units market.
other factors such as the growing production of the air handling units; the
ever-increasing global population coupled with rising urbanization; the
conversion of warehouses and empty buildings into new commercial and
residential spaces for tenants leading to enhanced demand for efficient air
conditioning systems; and the existence of fewer rules regarding the air
handling units industry in the emerging countries are expected to further
bolster the growth of the market during the forecast period.
such as fluctuation in raw material prices; low availability of air handling
units in under-developed regions; the presence of low-quality alternatives for
air handling units, the dearth of standardization and awareness regarding the benefits
of HVAC systems are expected to hamper the growth of the market to some extent
during the forecast period.
Air Handling Units Market Segmentation:
Low Profile (Ceiling)
5,001 – 15,000 m3/h
15,001 – 30,000 m3/h
30,001 – 50,000 m3/h
Middle East and Africa
Based on application, the commercial
segment held the largest share of the global air handling units market in 2021.
The segment is estimated to continue with its lead and at the same time also
grow at the highest growth rate in the market during the forecast period of
2022-2030. The growth of the segment can be attributed to the rapidly
proliferating demand of air handling units from the commercial application
sectors such as data centers, universities, pharmaceutical & other
industries, shopping malls, hospitals, and laboratories.
Based on type, the packaged
segment dominated the global air handling units market in 2021. The segment is
predicted to retain its dominance further in the market during the forecast
period. The segment's large share and growth can be predominantly attributed to
the rising demand of packaged air handling units from various commercial
application segments. However, the custom segment is estimated to witness the
highest growth in the market during the forecast period.
Based on capacity, the ≤5,000
m3/h segment captured the largest share of the global air handling units market
in 2021. This trend is projected to continue throughout the forecast period. The
soaring demand for this capacity air handling units from both residential and
commercial application segments is the major factor estimated to drive the
growth of this particular segment over the forecast period. However, the 15,001
- 30,000 m3/h segment is predicted to attain the highest growth in the market
during the forecast period.
The Asia Pacific region commanded the global air
handling units market in 2021. The region is likely to remain dominant
throughout the forecast period of 2022-2030 and register the highest CAGR in
the market during the same period. The surging disposable incomes of people
resulting in the growing demand for comfortable living conditions; the
increasing construction activities; frequent climatic changes; the escalating
demand for air handling units from the rapidly expanding industrial sector; the
rising urbanization and commercialization in emerging nations; and the
burgeoning investments across several sectors in the region are primarily
attributed to the large share and growth of the market in the Asia Pacific
region. India, Japan, China, Australia, Thailand, Indonesia, and Taiwan are the
major contributors to the growth of the market in the region.
The North American region held the second position in
the global air handling units market in 2021. The region is expected to further
witness robust growth in the market during the forecast period. The growth of
the market in the region can be attributed to the high production rate of air
handling units, the presence of key market players, and the increasing
initiatives by the governments for the adoption of energy-efficient systems in
the region. The U.S. and Canada stand as the major contributors to the growth
of the market in the region.
The European region accounted for the third-largest
spot of the global air handling units market in 2021. This trend is slated to continue over the
forecast period of 2022-2030, with the region projected to grow on account of
the soaring demand for air units due to the growing awareness regarding quality
air in the region.
Key Companies in Air Handling Units Market:
Trane Technologies plc
Johnson Controls International plc
Flakt Woods GroupDaikin Industries Ltd.
Lennox International Inc.
Blue Star Limited
Airedale International Air Conditioning Ltd.
G.I. Holding Group