The report [150 pages] "Air Handling Units Market by Application (Commercial, Residential), Type (Packaged, Modular, Custom), Capacity (≤ 5000 m3/h, 5001 - 15000 m3/h, 15001 - 30000 m3/h, 30001 - 50000 m3/h, ≥ 50001 m3/h), Region - Global Forecast to 2026", published by MarketsandMarkets, the market is projected to reach USD 12.91 Billion by 2026, at a CAGR of 5.7% from 2016 to 2026.
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The increase in demand of air handling units from the application sectors such as commercial buildings, industries, hospitals, universities, data centers, laboratories, and server rooms is propelling the growth of this market.
Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Air Handling Units Market, By Application
8 Air Handling Units Market, By Capacity
9 Air Handling Units Market, By Type
10 Air Handling Units Market, By Region
11 Competitive Landscape
12 Company Profiles
The packaged type segment is estimated to account for the largest share of the air handling units market in 2016. The growth of this segment can be attributed to the increasing demand of packaged air handling units from the commercial application segments such as hospitals, commercial buildings, data centers, universities, laboratories, and server rooms.
The ≤5000 m3/h capacity segment is estimated to account for the largest share of the global air handling units market in 2016. These are small capacity air handling units, mainly used for small premises in the residential sector, especially single family homes. The increasing demand for such air handling units from both commercial and residential application segments is expected to drive the growth of the ≤5000 m3/h capacity segment.
Asia-Pacific is anticipated to be the largest market for air handling units. The large share of this region is attributed to the high economic growth rate, followed by heavy investments across various sectors, such as pharmaceutical, building & construction, hospitals, data centers, and R&D laboratories. Additionally, initiatives taken by various governments for the inflow of foreign investments to support the domestic demand are also anticipated to drive the air handling units demand in this region.
Key players operational in the market include Daikin Industries, Ltd. (Japan), Carrier Corporation (U.S.), Trane Inc. (Ireland), Johnson Controls, Inc. (U.S.), GEA Group AG (Germany), Systemair AB (Sweden), Flakt Woods Group (Sweden), CIAT Group (France), Trox GmbH (Germany), and Lennox International Inc. (U.S.), among others.
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