Global Air Handling Units Market - Geographical Segmentation and Forecast by Technavio

Technavio has published a new report on the global air handling unit market from 2017-2021. (Graphic: Business Wire)

???pagination.previous??? ???pagination.next???

LONDON--()--The global air handling units market is expected to grow at a CAGR of more than 5% during the forecast period, according to Technavio’s latest report.

In this report, Technavio covers the market outlook and growth prospects of the global air handling units (AHU) market for 2017-2021. The market is segmented by end-user, including non-residential and residential, with the non-residential sector accounting for the maximum shares of the market during 2016.

The global AHU market is mainly driven by the rise in the construction sector in non-residential and residential buildings. Residential buildings, data centers, hotels, office spaces, shopping centers, and hospitals require proper HVAC systems to maintain temperature, thus increasing the demand for HVAC systems. As a result, the increase in demand for HVAC systems in buildings will drive the demand for AHU systems.

Technavio’s heavy industry research analysts categorize the global air handling units market into the following segments by regions:

  • APAC
  • EMEA
  • Americas

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

APAC: largest air handling units market

“APAC is the largest market for AHU due to the high economic growth rate and heavy investments in various sectors such as data centers, building and construction, and hospitals, etc. Governments are taking initiatives to improve the fund flow by allowing 100% FDI in certain sectors to boost the growth of the economy. This will directly support the rising demand and improve the AHU market in APAC,” says Anju Ajay Kumar, a lead analyst at Technavio for research on unit operations.

The expanding commercial construction sector is the key driving factor for market growth in countries such as China and India. Regulations and efficiency norms in these countries are also other factors assisting the AHU market in APAC to grow.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Air handling units market in EMEA

“Growing population and increase in construction projects in both residential and commercial segments are the driving factors for the AHU market in EMEA. Large-scale projects and government-led urban development projects will boost the demand for AHUs,” adds Anju.

The rise in construction activities will improve the AHU market in the Middle East. The GCC construction projects play a key role in the construction industry in the Middle East. However, the region faced pressures due to reduced government spending, increased competition from overseas, and other bureaucracy challenges in 2016.

Air handling units market in the Americas

The key driver of the AHU market in the Americas is the booming construction sector with respect to both commercial and residential segments. Most of the residential and commercial buildings in the US utilize ducted HVAC systems for air conditioning (ACs) that include the direct expansion system and the chilled water system. Incorporating HVAC systems in buildings will directly result in an increased demand for AHUs. Construction of new buildings or retrofitting of buildings will help in boosting the demand for AHUs.

The top vendors in the global air handling units market highlighted in the report are:

  • Carrier
  • DAIKIN INDUSTRIES
  • Ingersoll Rand
  • Johnson Controls
  • Systemair

Browse Related Reports:

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

The global air handling units market is expected to grow at a CAGR of more than 5% during the forecast period, according to Technavio’s latest report.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com