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Allied Market Research

Air Handling Units Market : Global Opportunity Analysis and Industry Forecast, 2020-2027

A08969
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Jun 2021 | 159 Views
 
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COVID-19

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Air handling unit is used to control the air movement from outside to inside of the building. The unit takes the air from outside and conditions it, which involve cooling, heating, humidifying, thus supplying fresh air into buildings. It can be used in commercial buildings or residential buildings. It consists of a blower section, duct system, heating coil or a cooling coil, fan, filter, and a motor section. It eliminates all the exhaust air from the interiors. It supplies fresh air inside by heating it or cooling it according to temperature of air required inside the rooms or building. These AHU systems are mostly placed in the basement, on the roof, or on the floors of the buildings. They are used as a part of ventilating and air conditioning system.

 

Report Metric

Details

 Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Application, type, mode of operation, and region

  Companies covered

Major players analyzed include Carrier Corporation, TRANE, Wolf GmbH, GEA Air Treatment, HOLTOP, Cuoghi Srl , Zeco Aircon Industries Private Limited , DAIKIN , Trosten Industries Company LLC, Systemair AB, Hitachi, Barkell Ltd.

 

 

 

 

 

Regions covered

North America

Europe

Asia Pacific

LAMEA

US, Canada, and Mexico

Germany, France, UK, Italy, and the Rest of Europe

China, Japan, India, South Korea, and the Rest of Asia Pacific

Latin America, Middle East and Africa

 

 Covid-19 Scenario analysis

  • The demand for the air handling units is expected to decrease in the year 2020 due to lockdown imposed by the government and low demand from commercial and industries applications.
  • COVID-19 pandemic has forced many companies including manufacturers and service providers in the HVAC market to halt their business operations to comply with  new government rules and regulations. This halt in operations directly impacts the revenue flow of the market players and thereby the global HVAC market. 
  • Moreover, research scientists are unable to rule out the possibility of spread of coronavirus through heating, ventilation, and air conditioning (HVAC) systems. 
  • Consumers around the world are confused whether HVAC  air filtration systems can protect them from COVID-19 exposure. 
  • Some systems like germicidal wavelength UV fixtures were capable of filtering air in previous cases of SARS and MERS viruses but the same cannot be scientifically claimed for COVID-19, as research is still ongoing.
  • Installation and servicing operations would be impeded as contact prevention norms reduce the number of orders that can be handled per day by HVAC companies.
  • Therefore, the air handling units market is expected to get negatively affected in 2020. 

Top impacting factors: market scenario analysis, trends , drivers, and impact analysis

Increasing demand for the energy efficient products drives the market for air handling units market. Increasing awareness about the impact of pollution on human health have also become a major growth driver for air handling units market. The increase in residential buildings, commercial buildings and industries has also increased the demand for air handling units. Further the rise in demand for cool and hot air in the rooms or buildings according to the varied temperature has also increased the demand for the air handling units. Thus these factor act as a major growth drivers air handling units market. Asia-Pacific region countries like China, India and Japan are holding a major market share in air handling units due their growing economy. However, the maintenance cost of AHU and more area required to install it can hamper the growth of air handling units market. Contrarily, requirement for air handling units in shopping malls, hospital, hotels & lounges and other such commercial application provide new pathways to the market of air handling units.

The global Air handling unit market trends are:

New product launches to flourish the market

The launch of new generation technologically advanced products can boost the growth of the market. In the past few years, many such products having unique features were launched in the market. The CIAT an European leader has launched CLIMACIAT in the climate control and air handling units in April 2018. It is available in three different types, i.e., CLIMACIAT Airtech, Airclean and Airaccess. Airtech is used in offices, and industrial sector. Airclean is used in clean environment like hospital, cleans rooms and others while Airaccess is used in commercial buildings. It was especially designed for enhancing the indoor air quality and provide comfort in the buildings. It is easy to install and is energy efficient product.

High demand from applications :

The manufacturers are producing advanced technology air handling units to meet the requirement of the end users. In terms of application, air handling units are used in commercial, residential and industrial applications. The commercial application include AHU in schools & colleges, shopping malls, hospital, hotels and restaurants. Further, industrial applications include AHU in paper industry, oil & gas, and other such industries for circulating and conditioning the air. In residential buildings, it is used as an air conditioner for cooling and heating purposes in the rooms. It has a filter that captures the dirt and other air contaminants that comes from the outside air and supplies fresh air inside the room or buildings. Air handling units can add moisture to the dry air while it can also act as an dehumidifier for the removing the moisture content from the air. Thus, these AHU can be used for maintaining the air temperature and air pressure inside the building ensuring a safe and healthy living. It controls temperature and pressure of the air inside better than electric fans.

Key segments covered:

Segments

Subsegments

  Type

  • Draw-through
  • Blow-through

  Application

  • Residential
  • Commercial
  • Industrial

  Mode of operation

  • Cooling
  • Heating
  • Ventilation
  • Cleaning
  • Humidifying

 

Key benefits of the report:

  • This study presents the analytical depiction of the air handling unit market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the air handling unit market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the air handling unit market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years. 

 

 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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