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
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Request For Special Pricing[150 Pages Report] The global air handling units market is anticipated to grow from USD 6.93 Billion in 2016 to USD 12.91 Billion by 2026, at a CAGR of 5.7% from 2016 to 2026.
The objectives of this study are:
- To define, describe, and forecast the air handling units market based on type, capacity, application, and region
- To estimate and forecast the air handling units market size in terms of value (USD million)
- To estimate and forecast the air handling units market based on type, capacity, and application in North America, Europe, Asia-Pacific, Middle East & Africa, and South America
- To identify and analyze the key drivers, restraints, challenges, and opportunities that are influencing the growth of the air handling units market
- To strategically identify and profile key market players and analyze their core competencies in each application market
- To track and analyze recent market developments and competitive strategies, such as partnerships, agreements, collaborations, mergers & acquisitions, new product developments, and expansions in the air handling units market
- Market share analysis of the leading market players that are operating in air handling units market
The years considered for the study are:
- Base Year - 2015
- Estimated Year - 2016
- Projected Year - 2026
- Forecast Period - 2016 to 2026
- For company profiles in the report, 2015 has been considered as the base year. In certain cases, wherein information is unavailable for the base year, the year prior to it has been considered.
Research Methodology
This study aims to estimate the air handling units market size for 2016 and projects its demand till 2026. It also provides a detailed qualitative and quantitative analysis of the air handling units market. Various secondary sources that include directories, industry journals, various associations (such as ACMA, EuCIA, Composite Panel Association, American Society for Composites, BCS), and databases have referred to identify and collect information useful for this extensive commercial study of the air handling units market. Primary sources, such as experts from related industries and suppliers, have been interviewed to obtain and verify critical information as well as to assess future prospects of the air handling units market. Breakdown of profiles of primaries is shown in the figure below:
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Companies operating in the global air handling units 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.).
Key Target Audience
- Manufacturers of Air Handling Units
- Traders, Distributors, and Suppliers of Air Handling Units
- End-Use Industries Operating in the Air Handling Units Supply Chain
- Government and Research Organizations
- Investment Banks and Private Equity Firms
Scope of the report:
This research report categorizes the global air handling units market on the basis of type, capacity, application, and region, forecasting revenues as well as analyzing trends in each of the submarkets.
On the Basis of Type:
- Packaged
- Modular
- Custom
- DX Integrated
- Low Profile (Ceiling)
- Rooftop Mounted
- Others
On the Basis of Capacity:
- ≤ 5000 m3/h
- 5001–15000 m3/h
- 15001–30000 m3/h
- 30001–50000 m3/h
- ≥ 50001 m3/h
On the Basis of Application:
- Commercial
- Residential
On the Basis of Region:
- Asia-Pacific
- Europe
- North America
- Middle East & Africa
- South America
Available Customizations
By Application Analysis
- Further breakdown of the commercial application segment into subsegments wherein air handling units are used
Country Analysis
- Value analysis of air handling units consumption in terms of capacity and type
The global air handling unit market is estimated at USD 6.93 Billion in 2016, and is projected to reach USD 12.91 Billion by 2026, at a CAGR of 5.7% from 2016 to 2021. The rising usage of air handling units across various application sectors such as commercial buildings, hospitals, industries, universities, data centers, and server rooms is expected to fuel the growth of the air handling units market.
The commercial application segment of the air handling units market is estimated to lead the air handling units market in 2016, and is also projected to grow at the highest CAGR from 2016 to 2021, in terms of value. The increasing demand of air handling units from the commercial application sectors such as shopping malls, hospitals, data centers, universities pharmaceutical & other industries, and laboratories is anticipated to drive the air handling units market.
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.
The factor inhibiting the growth of the air handling units market is the slow economic recovery of the European countries and North America. Key players operating in the global air handling units market, such as 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, have adopted various strategies to increase their market shares. New product launches, expansions, acquisitions, agreements, and joint ventures are some of the key strategies adopted by these players to achieve growth in the global air handling units market.
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Table of Contents
1 Introduction (Page No. - 14)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency Considered
1.5 Stakeholders
1.6 Limitations
2 Research Methodology (Page No. - 18)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 26)
4 Premium Insights (Page No. - 31)
4.1 Attractive Opportunities in the Air Handling Units Market
4.2 Air Handling Units Market, By Type
4.3 Air Handling Units Market
4.4 Air Handling Units Market Growth
4.5 Air Handling Units Market, By Capacity
4.6 Air Handling Units Market: Developing & Developed Nations
5 Market Overview (Page No. - 35)
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Technological Advancements in Air Handling Units
5.3.1.2 Rising Demand From Chemical, Food& Beverages, Pharmaceutical ,And Oil & Gas Industries in the Asia-Pacific Region
5.3.1.3 Growing Pollution Level Around the World
5.3.2 Restraints
5.3.2.1 Sluggish Growth of Air Handling Units Market in Europe and North America
5.3.3 Opportunities
5.3.3.1 Fewer Rules Related to the Air Handling Units Industry in the Developing Economies of Asia-Pacific Region
5.3.3.2 New Product Innovation and Development
5.3.4 Challenges
5.3.4.1 Fluctuating Raw Material Prices
5.4 Cost Structure Analysis
6 Industry Trends (Page No. - 42)
6.1 Revenue Pocket Matrix
6.1.1 Revenue Pocket Matrix for Air Handling Units Market, By Type, 2015
6.1.2 Revenue Pocket Matrix for Air Handling Units Market, By Capacity, 2015
6.2 Economic Indicators
6.2.1 Industry Outlook
6.2.1.1 Medical & Pharmaceutical
6.2.1.2 Construction Industry
6.2.1.3 Manufacturing
7 Air Handling Units Market, By Application (Page No. - 46)
7.1 Introduction
7.2 Commercial
7.3 Residential
8 Air Handling Units Market, By Capacity (Page No. - 50)
8.1 Introduction
8.2 ˇÜ5000 m3/h
8.3 5001-15000 m3/h
8.4 15001-30000 m3/h
8.5 30001-50000 m3/h
8.6 ˇÝ50001 m3/h
9 Air Handling Units Market, By Type (Page No. - 56)
9.1 Introduction
9.2 Packaged Air Handling Units
9.3 Modular Air Handling Units
9.4 Custom Air Handling Units
9.5 Dx Integrated Air Handling Units
9.6 Low Profile (Ceiling) Air Handling Units
9.7 Rooftop Mounted Air Handling Units
10 Air Handling Units Market, By Region (Page No. - 63)
10.1 Introduction
10.2 Asia-Pacific
10.2.1 China
10.2.2 Japan
10.2.3 India
10.2.4 South Korea
10.2.5 Thailand
10.2.6 Australia
10.2.7 Taiwan
10.2.8 Rest of Asia-Pacific
10.3 Europe
10.3.1 Germany
10.3.2 France
10.3.3 U.K.
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.3.7 Rest of Europe
10.4 North America
10.4.1 U.S.
10.4.2 Canada
10.4.3 Mexico
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 Qatar
10.5.3 Turkey
10.5.4 Rest of Middle East & Africa
10.6 South America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Peru
10.6.4 Rest of South America
11 Competitive Landscape (Page No. - 107)
11.1 Overview
11.2 Air Handling Units Market: Company Share Analysis
11.3 New Product Launches
11.4 Expansions
11.5 Agreements
11.6 Acquisitions
11.7 Joint Ventures
12 Company Profiles (Page No. - 112)
(Overview, Financial*, Products & Services, Strategy, and Developments)
12.1 Introduction
12.2 Daikin Industries, Ltd.
12.3 Carrier Corporation
12.4 Trane Inc.
12.5 Johnson Controls, Inc.
12.6 GEA Group AG
12.7 Systemair AB
12.8 Flakt Woods Group
12.9 Ciat Group
12.10 Trox GmbH
12.11 Lennox International Inc.
12.12 Other Key Players
12.12.1 Airedale International Air Conditioning Ltd.
12.12.2 Sabiana SPA
12.12.3 Wolf GmbH
12.12.4 Novenco AS
12.12.5 Euroclima SPA
12.12.6 VTS Group
*Details Might Not Be Captured in Case of Unlisted Companies.
13 Appendix (Page No. - 142)
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets Subscription Portal
13.3 Introducing RT: Real-Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details
List of Tables (100 Tables)
Table 1 Air Handling Units Market Snapshot
Table 2 Air Handling Units Market, By Type
Table 3 Air Handling Units Market, By Application
Table 4 Air Handling Units Market, By Capacity
Table 5 Air Handling Units Market, By Region
Table 6 Air Handling Units: Cost Structure Analysis
Table 7 Contribution of Construction Industry to GDP, USD Billion (2014ˇˇěC2021)
Table 8 Air Handling Units Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 9 Air Handling Units Market for Commercial Application, By Region, 2014ˇˇěC2026 (USD Million)
Table 10 Air Handling Units Market for Residential Application, By Region, 2014ˇˇěC2026 (USD Million)
Table 11 Air Handling Units Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 12 ˇÜ5000 m3/h Capacity Air Handling Units Market, By Region, 2014ˇˇěC2026 (USD Million)
Table 13 5001-15000 m3/h Capacity Air Handling Units Market, By Region, 2014ˇˇěC2026 (USD Million)
Table 14 15001-30000 m3/h Capacity Air Handling Units Market, By Region, 2014ˇˇěC2026 (USD Million)
Table 15 30001-50000 m3/h Capacity Air Handling Units Market, By Region, 2014ˇˇěC2026 (USD Million)
Table 16 ˇÝ50000 m3/h Capacity Air Handling Units Market, By Region, 2014ˇˇěC2026 (USD Million)
Table 17 Air Handling Units Market, By Type, 2014ˇˇěC2026 (USD Million)
Table 18 Packaged Air Handling Units Market, By Region, 2014ˇˇěC2026 (USD Million)
Table 19 Modular Air Handling Units Market, By Region, 2014ˇˇěC2026 (USD Million)
Table 20 Custom Air Handling Units Market, By Region, 2014ˇˇěC2026 (USD Million)
Table 21 Dx Integrated Air Handling Units Market, By Region, 2014ˇˇěC2026 (USD Million)
Table 22 Low Profile (Ceiling) Air Handling Units Market, By Region, 2014ˇˇěC2026 (USD Million)
Table 23 Rooftop Mounted Air Handling Units Market, By Region, 2014ˇˇěC2026 (USD Million)
Table 24 Air Handling Units Market, By Region, 2014ˇˇěC2026 (USD Million)
Table 25 Asia-Pacific By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 26 Asia-Pacific By Market, By Country, 2014ˇˇěC2026 (USD Million)
Table 27 Asia-Pacific By Market, By Type, 2014ˇˇěC2026 (USD Million)
Table 28 Asia-Pacific By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 29 China By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 30 China By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 31 Japan By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 32 Japan By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 33 India By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 34 India By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 35 South Korea By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 36 South Korea By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 37 Thailand By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 38 Thailand By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 39 Australia By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 40 Australia By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 41 Taiwan By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 42 Taiwan By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 43 Rest of Asia-Pacific By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 44 Rest of Asia-Pacific By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 45 Europe By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 46 Europe By its Market, By Country, 2014ˇˇěC2026 (USD Million)
Table 47 Europe By Market, By Type, 2014ˇˇěC2026 (USD Million)
Table 48 Europe By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 49 Germany By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 50 Germany By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 51 France By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 52 France By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 53 U.K. By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 54 U.K. By Market, By Material Type, 2014ˇˇěC2026 (USD Million)
Table 55 Italy By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 56 Italy By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 57 Spain By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 58 Spain By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 59 Russia By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 60 Russia By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 61 Rest of Europe By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 62 Rest of Europe By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 63 North America By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 64 North America By Market, By Country, 2014ˇˇěC2026 (USD Million)
Table 65 North America By Market, By Type, 2014ˇˇěC2026 (USD Million)
Table 66 North America By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 67 U.S. By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 68 U.S. By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 69 Canada By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 70 Canada By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 71 Mexico By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 72 Mexico By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 73 Middle East & Africa By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 74 Middle East & Africa By Market, By Country, 2014ˇˇěC2026 (USD Million)
Table 75 Middle East & Africa By Market, By Type, 2014ˇˇěC2026 (USD Million)
Table 76 Saudi Arabia By Market, By Application, 2014ˇˇěC2021 (USD Million)
Table 77 Saudi Arabia By Market, By Capacity, 2014ˇˇěC2021 (USD Million)
Table 78 Qatar By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 79 Qatar By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 80 Turkey By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 81 Turkey By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 82 Rest of Middle East & Africa By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 83 Rest of Middle East & Africa By Market, By Capacity, 2014ˇˇěC2021 (USD Million)
Table 84 South America By Market, By Application, 2014ˇˇěC2021 (USD Million)
Table 85 South America By Market, By Country, 2014ˇˇěC2026 (USD Million)
Table 86 South America By Market, By Type, 2014ˇˇěC2021 (USD Million)
Table 87 South America By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 88 Brazil By Market, By Application, 2014ˇˇěC2026 (USD Million)
Table 89 Brazil By Market, By Capacity, 2014ˇˇěC2026 (USD Million)
Table 90 Argentina By Market, By Application, 2014ˇˇěC2021 (USD Million)
Table 91 Argentina By Market, By Capacity, 2014ˇˇěC2021 (USD Million)
Table 92 Peru By Market, By Application, 2014ˇˇěC2021 (USD Million)
Table 93 Peru By Market, By Capacity, 2014ˇˇěC2021 (USD Million)
Table 94 Rest of South America By Market, By Application, 2014ˇˇěC2021 (USD Million)
Table 95 Rest of South America By Market, By Capacity, 2014ˇˇěC2021 (USD Million)
Table 96 New Product Launches, 2015-2016
Table 97 Expansions, 2011-2016
Table 98 Agreements, 2016
Table 99 Acquisitions, 2013
Table 100 Acquisitions, 2013
List of Figures (36 Figures)
Figure 1 Air Handling Units Market: Research Design
Figure 2 Breakdown of Primary Interviews, By Company, Designation, and Region
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Commercial Application Segment Projected to Lead the Air Handling Units Market Between 2016 and 2021
Figure 6 Packaged Segment is Projected to Lead the Air Handling Units Market Through 2021
Figure 7 Air Handling Units Market, By Region, 2015
Figure 8 Asia-Pacific & MEA Projected to Grow at the Highest CAGR Between 2016 and 2021
Figure 9 Growing Pollution Level in the Asia-Pacific Region to Drive the Market During the Forecast Period
Figure 10 Custom Segment Projected to Grow at the Highest CAGR Between 2016 and 2021
Figure 11 ˇÜ5000 m3/h Segment Accounted for the Largest Share of the Air Handling Units Market in 2015
Figure 12 Asia-Pacific to Grow at the Highest CAGR Between 2016 and 2021
Figure 13 ˇÜ5000 m3/h Capacity Segment Estimated to Account for the Largest Share of the Air Handling Units Market in 2016
Figure 14 Emerging Nations to Grow at the Highest CAGR Between 2016 and 2021
Figure 15 Drivers, Restraints, Opportunities, and Challenges in the Global Air Handling Units Market
Figure 16 Air Handling Units: Cost Structure Analysis
Figure 17 Revenue Pocket Matrix: Air Handling Units Market, By Type, 2015
Figure 18 Revenue Pocket Matrix: Air Handling Units Market, By Capacity, 2015
Figure 19 Manufacturing Industry Growth Rate, 2014
Figure 20 Air Handling Units Market, By Application, 2016 & 2021 (USD Million)
Figure 21 Air Handling Units Market, By Capacity, 2016 & 2021 (USD Million)
Figure 22 Air Handling Units Market, By Type, 2016 & 2021 (USD Million)
Figure 23 Air Handling Units Market: Regional Snapshot (2016-2021)
Figure 24 Asia-Pacific Air Handling Units Market Snapshot
Figure 25 Europe Air Handling Units Market Snapshot
Figure 26 North America Air Handling Units Market Snapshot
Figure 27 Middle East & Africa Air Handling Units Market Snapshot
Figure 28 South America Air Handling Units Market Snapshot
Figure 29 Air Handling Units Market: Company Share Analysis, 2015 (%)
Figure 30 New Product Launches Was the Key Growth Strategy Adopted By the Companies
Figure 31 Regional Revenue Mix of Top Market Players
Figure 32 Daikin Industries, Ltd.: Company Snapshot
Figure 33 Johnson Controls Inc.: Company Snapshot
Figure 34 GEA Group AG: Company Snapshot
Figure 35 Systemair AB: Company Snapshot
Figure 36 Lennox International Inc.: Company Snapshot
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Growth opportunities and latent adjacency in Air Handling Units Market