Dedicated Outdoor Air System Market by Capacity (Less than 20, 20-40, 40-60, and greater than 60), Implementation Type (New Construction, Retrofit), Vertical (Commercial, residential, and Industrial), Requirement, and Geography - Global Forecast to 2024
[140 Pages Report] The overall DOAS market is expected to grow from USD 3.7 billion in 2018 to USD 5.4 billion by 2024, at a CAGR of 8.0% from 2019 to 2024. The DOAS maket is driven by government regulations and policies for energy saving to boost the demand for DOAS and increasing adoption of DOAS for residential and commercial applications. Growing demand for energy-efficient DOAS for new construction and retrofit is expected to provide huge growth opportunities to players in the Dedicated Outdoor Air System Market.
“20–40 ton capacity to grow at highest CAGR for DOAS market”
20–40 ton capacity system is expected to hold a major share of the DOAS market. The demand for 20–40 ton capacity of DOAS is high owing to its increasing usage in various commercial and residential buildings. The unit is provided with several diverse options and controls to meet several application requirements including hot gas reheat and liquid sub cooling, energy recovery wheel, and additional heat with variable air volume delivery. Hence, the system provides great opportunities in commercial and residential applications for the DOAS market during the forecast period.
“New construction to hold larger share of DOAS market during forecast period”
New construction accounts for the largest share of the Dedicated Outdoor Air System Market. The demand for DOAS is likely to increase due to the rise in construction activities and rapid expansion of businesses in which air-conditioning systems are essential for the comfort and work environment point of view. Governments are making large investments in real estates, such as hotels, hospitals, airports, and apartments, to develop infrastructure. These initiatives would have a positive impact on the DOAS market.
“Commercial vertical to holds largest share of DOAS market”
Commercial vertical is the largest adopter of DOAS. DOAS units are widely used in buildings of various sectors, such as healthcare, education, government, airport, and retail. This growth is mainly attributed to the increasing adoption of DOAS in commercial buildings, growing demand for energy-efficient devices, and increasing consumer awareness toward energy saving in developing regions.
“Market in APAC to grow at significant rate during forecast period”
APAC is expected to hold the largest share of the Dedicated Outdoor Air System Market during the forecast period. The growing construction activities in commercial and residential buildings is expected to propel the growth of the DOAS market in China during the forecast period. The market for DOAS in APAC is expected to grow rapidly owing to rapid developments in China, Japan, and South Korea. South Korea is expected to present ample opportunities for DOAS market players in the coming years. Increasing construction activities, rising population, and changing climatic conditions are among the major factors attributed to the growth of DOAS in this region.
Key Market Players
The Dedicated Outdoor Air System Market is currently dominated by Johnson Controls (US), United Technologies Corp. (US), Greenheck Fan Corporation (US), Daikin Industries Ltd. (Japan), Nortek, Inc. (US), Ingersoll Rand Plc (Ireland), Mitsubishi Electric (Japan), LG Electronics (South Korea), SEMCO, LLC (US), and Samsung Electronics (South Korea). A few of the major strategies adopted by these players to compete in the DOAS market include product launches and developments, partnerships, agreements, and contracts, mergers and acquisitions, and expansions. Other players operating in the DOAS market are Rupp Air Management Systems (US), Addison (US), Desert Aire LLC. (US), Desiccant Rotors International, Inc. (US), and Ventacity System Inc. (US).
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|
Report Metrics |
Details |
|
Market size available for years |
2016–2024 |
|
Base year |
2018 |
|
Forecast period |
2019–2024 |
|
Units |
Value (USD Million/Billion) |
|
Segments covered |
Capacity, Implementation Type, Requirement, Vertical, and Region |
|
Geographic regions covered |
North America, APAC, Europe, and RoW |
|
Companies covered |
Johnson Controls (US), United Technologies Corp. (US), Greenheck Fan Corporation (US), Daikin Industries Ltd. (Japan), Nortek, Inc. (US), Ingersoll Rand Plc (Ireland), Mitsubishi Electric (Japan), LG Electronics (South Korea), SEMCO, LLC (US), Samsung Electronics (South Korea), Rupp Air Management Systems (US), Addison (US),Desert Aire LLC. (US),Desiccant Rotors International, Inc. (US), and Ventacity System Inc. (US) |
This report categorizes the DOAS market based on capacity, implementation type, requirement, vertical, and region.
By Capacity:
- Less than 20 ton
- 20–40 ton
- 40–60 ton
- Greater than 60 ton
By Implementation Type
- New construction
- Retrofit
By Requirement
- Heating
- Cooling
- Ventilation
- Dehumidification
By Vertical:
- Commercial
- Residential
- Industrial
By Geography
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Rest of Europe (Russia, the Netherlands, Spain, Finland, and other Eastern European countries,)
- Asia Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of APAC (Australia, Indonesia, Singapore, Malaysia, Thailand, Taiwan, and Vietnam)
- Rest of the World (RoW)
- Middle East and Africa
- South & Central America
Major market developments
- In March 2019, Greenheck Fan (US) introduced its DOAS product line. The company’s product models such as RV-110 and RVE-180 with capacities of up to 18,000 cfm, up to 70 tons of packaged cooling and 1,200 mbh indirect gas-fired heating. The company’s DOAS units meet the demands for heating, cooling, dehumidification, and ventilation requirements.
- In February 2018, Nortek (US) launched Reznor ZQYRA Series, a low cost, high efficiency dedicated outdoor air system (DOAS) for adding outdoor air requirements for educational, healthcare, office, retail, and other light commercial spaces.
- In January 2018, Ingersoll Rand (Ireland) acquired ICS Group Holdings Limited (ICS Cool Energy). The acquired business is specialized for the company’s Trane business and provides products to customers of commercial and industrial buildings across Europe.
Key questions addressed by the report
- Where will all these developments take the industry in the mid-to-long term?
- What are the upcoming industrial trends in the DOAS market?
- What are the opportunities for various players that exist at present and are planning to enter at various stages of the value chain?
- How inorganic growth strategies implemented by key players will impact the growth rate of the DOAS market, and who will have the undue advantage?
- What is the current investment trends in the DOAS market?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 14)
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.4 Years Considered
1.5 Currency
1.6 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Breakdown of Primaries
2.1.2.3 Key Data From Primary Sources
2.1.2.4 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing Market Size By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 27)
4 Premium Insights (Page No. - 31)
4.1 Dedicated Outdoor Air System Market (2019–2024)
4.2 Dedicated Outdoor Air System Market, By Implementation Type
4.3 Dedicated Outdoor Air System Market, By Vertical and Country
4.4 Dedicated Outdoor Air System Market Geographic Snapshot
5 Market Overview (Page No. - 34)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Government Regulations and Policies for Energy Saving to Boost Demand for DOAS
5.2.1.2 Increasing Adoption of DOAS for Residential and Commercial Applications
5.2.2 Restraints
5.2.2.1 Lack of Awareness About Benefits of DOAS
5.2.3 Opportunities
5.2.3.1 Growing Demand for Energy-Efficient DOAS for New Construction & Retrofit
5.2.3.2 Increasing Construction Activities Would Boost Adoption of DOAS
5.2.4 Challenges
5.2.4.1 Complexity in Implementation of DOAS System
6 DOAS Market, By Capacity (Page No. - 37)
6.1 Introduction
6.2 20–40 Ton
6.2.1 20–40 Ton to Account for Largest Share of DOAS Market
6.3 Less Than 20 Ton
6.3.1 Demand for 20 Ton to Increase Rapidly for Residential Application During Forecast Period
6.4 40–60 Ton
6.4.1 40–60 Ton to Lead Commercial DOAS Market During Forecast Period
6.5 Greater Than 60 Ton
6.5.1 Greater Than 60 Ton to Grow at Highest CAGR During Forecast Period
7 DOAS Market, By Implementation Type (Page No. - 43)
7.1 Introduction
7.2 New Construction
7.2.1 New Construction to Account for Largest Share of DOAS Market
7.3 Retrofit
7.3.1 Retrofit to Witness Highest CAGR for Residential DOAS Market During Forecast Period
8 DOAS Market, By Requirement (Page No. - 48)
8.1 Introduction
8.2 Heating
8.2.1 Heating Requirement to Dominate Commercial DOAS Market During Forecast Period
8.3 Cooling
8.3.1 Cooling Requirement to Witness High Growth for Residential DOAS Market During Forecast Period
8.4 Ventilation
8.4.1 Ventilation DOAS Market to Witness High Growth During Forecast Period
8.5 Dehumidification
8.5.1 Dehumidification to Lead Commercial DOAS Market
9 DOAS Market, By Vertical (Page No. - 54)
9.1 Introduction
9.2 Commercial
9.2.1 Commercial to Account for Largest Share of DOAS Market
9.3 Residential
9.3.1 New Construction to Lead Residential DOAS Market
9.4 Industrial
9.4.1 Ventilation Requirement to Capture Considerably Large Share of Industrial DOAS Market
10 Geographic Analysis (Page No. - 70)
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Commercial DOAS Market to Witness High Growth in US
10.2.2 Canada
10.2.2.1 DOAS to Witness High Growth in Canada for Commercial Applications
10.2.3 Mexico
10.2.3.1 Commercial DOAS Market to Hold Largest Size in Mexico
10.3 Europe
10.3.1 Germany
10.3.1.1 Germany to Lead DOAS Market in Europe During Forecast Period
10.3.2 UK
10.3.2.1 UK to Witness High Growth Rate in European DOAS Market During Forecast Period
10.3.3 France
10.3.3.1 Increasing Use of DOAS in France to Create Significant Demand for Commercial Applications for DOAS Market During Forecast Period
10.3.4 Italy
10.3.4.1 Italy to Witness Increasing Demand for DOAS for Commercial Applications During Forecast Period
10.3.5 Rest of Europe
10.3.5.1 DOAS Market for Commercial Applications to Lead in Rest of Europe During Forecast Period
10.4 APAC
10.4.1 China
10.4.1.1 China to Witness Rapid Growth in Global DOAS Market
10.4.2 Japan
10.4.2.1 Japan Accounts High Demand for DOAS in Commercial Applications During Forecast Period
10.4.3 India
10.4.3.1 India to Account Largest Size for Commercial DOAS Market During Forecast Period
10.4.4 South Korea
10.4.4.1 Commercial Applications to Lead DOAS Market in South Korea During Forecast Period
10.4.5 Rest of APAC
10.4.5.1 Commercial and Residential Applications to Boost DOAS Market in Rest of APAC
10.5 RoW
10.5.1 South & Cnetral America
10.5.1.1 Commercial Application is Major Segment in DOAS Market in South & Central America
10.5.2 Middle East & Africa
10.5.2.1 Middle East & Africa to Witness Increasing Demand for DOAS During Forecast Period
11 Competitive Landscape (Page No. - 91)
11.1 Introduction
11.2 Market Player Ranking Analysis
11.3 Competitive Leadership Mapping
11.3.1 Visionary Leaders
11.3.2 Innovators
11.3.3 Dynamic Differentiators
11.3.4 Emerging Companies
11.4 Competitive Benchmarking
11.4.1 Strength of Product Portfolio (25 Companies)
11.4.2 Business Strategy Excellence (25 Companies)
11.5 Competitive Scenario
11.6 Competitive Situations & Trends
11.6.1 Product Launches/Developments
11.6.2 Collaborations/Agreements/Partnerships
11.6.3 Mergers and Acquisitions
11.6.4 Expansions
12 Company Profiles (Page No. - 102)
12.1 Key Players
(Business Overview, Products/Solutions Offered, Recent Developments, SWOT Analysis, MnM View)*
12.1.1 Johnson Controls International
12.1.2 United Technologies Corp.
12.1.3 Greenheck Fan Corporation
12.1.4 Daikin Industries Ltd.
12.1.5 Nortek, Inc.
12.1.6 Ingersoll Rand PLC
12.1.7 Mitsubishi Electric
12.1.8 LG Electronics
12.1.9 SEMCO, LLC
12.1.10 Samsung Electronics Co., Ltd.
* Business Overview, Products/Solutions Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
12.2 Other Key Companies
12.2.1 Rupp Air Management Systems
12.2.2 Addison
12.2.3 Desert Aire LLC.
12.2.4 Desiccant Rotors International, Inc. (DRI)
12.2.5 Ventacity Systems Inc.
13 Appendix (Page No. - 134)
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.3 Available Customizations
13.4 Related Reports
13.5 Author Details
List of Tables (66 Tables)
Table 1 Dedicated Outdoor Air System Market, By Capacity, 2016–2024 (USD Million)
Table 2 DOAS Market for 20–40 Ton, By Vertical, 2016–2024 (USD Million)
Table 3 DOAS Market for Less Than 20 Ton, By Vertical, 2016–2024 (USD Million)
Table 4 DOAS Market for 40–60 Ton, By Vertical, 2016–2024 (USD Million)
Table 5 DOAS Market for Greater Than 60 Ton, By Vertical, 2016–2024 (USD Million)
Table 6 DOAS Market, By Implementation Type, 2016–2024 (USD Million)
Table 7 DOAS Market for New Construction, By Vertical, 2016–2024 (USD Million)
Table 8 DOAS Market for Retrofit, By Vertical, 2016–2024 (USD Million)
Table 9 DOAS Market, By Requirement, 2016–2024 (USD Million)
Table 10 DOAS Market for Heating, By Vertical, 2016–2024 (USD Million)
Table 11 Dedicated Outdoor Air System Market for Cooling, By Vertical, 2016–2024 (USD Million)
Table 12 DOAS Market for Ventilation, By Vertical, 2016–2024 (USD Million)
Table 13 DOAS Market for Dehumidification, By Vertical, 2016–2024 (USD Million)
Table 14 DOAS Market, By Vertical, 2016–2024 (USD Million)
Table 15 Commercial DOAS Market, By Capacity, 2016–2024 (USD Million)
Table 16 Commercial DOAS Market, By Implementation Type, 2016–2024 (USD Million)
Table 17 Commercial DOAS Market, By Requirement, 2016–2024 (USD Million)
Table 18 Commercial DOAS Market, By Region, 2016–2024 (USD Million)
Table 19 Commercial DOAS Market in North America, By Country, 2016–2024 (USD Million)
Table 20 Commercial DOAS Market in Europe , By Country, 2016–2024 (USD Million)
Table 21 Commercial DOAS Market in APAC, By Country, 2016–2024 (USD Million)
Table 22 Commercial DOAS Market in RoW, By Region, 2016–2024 (USD Million)
Table 23 Residential DOAS Market, By Capacity, 2016–2024 (USD Million)
Table 24 Residential DOAS Market, By Implementation Type, 2016–2024 (USD Million)
Table 25 Residential DOAS Market, By Requirement, 2016–2024 (USD Million)
Table 26 Residential DOAS Market, By Region, 2016–2024 (USD Million)
Table 27 Residential DOAS Market in North America, By Country, 2016–2024 (USD Million)
Table 28 Residential DOAS Market in Europe, By Country, 2016–2024 (USD Million)
Table 29 Residential DOAS Market in APAC, By Country, 2016–2024 (USD Million)
Table 30 Residential DOAS Market in RoW, By Region, 2016–2024 (USD Million)
Table 31 Industrial DOAS Market, By Capacity, 2016–2024 (USD Million)
Table 32 Industrial DOAS Market, By Implementation Type, 2016–2024 (USD Million)
Table 33 Industrial DOAS Market, By Requirement, 2016–2024 (USD Million)
Table 34 Industrial DOAS Market, By Region, 2016–2024 (USD Million)
Table 35 Industrial DOAS Market in North America, By Country, 2016–2024 (USD Million)
Table 36 Industrial DOAS Market in Europe, By Country, 2016–2024 (USD Million)
Table 37 Industrial DOAS Market in APAC, By Country, 2016–2024 (USD Million)
Table 38 Industrial DOAS Market in RoW, By Region, 2016–2024 (USD Million)
Table 39 DOAS Market, By Region, 2016–2024 (USD Million)
Table 40 DOAS Market in North America, By Country, 2016–2024 (USD Million)
Table 41 DOAS Market in North America, By Vertical, 2016–2024 (USD Million)
Table 42 DOAS Market in US, By Vertical, 2016–2024 (USD Million)
Table 43 DOAS Market in Canada, By Vertical, 2016–2024 (USD Million)
Table 44 DOAS Market in Mexico, By Vertical, 2016–2024 (USD Million)
Table 45 DOAS Market in Europe, By Country, 2016–2024 (USD Million)
Table 46 DOAS Market in Europe, By Vertical, 2016–2024 (USD Million)
Table 47 Dedicated Outdoor Air System Market in Germany, By Vertical, 2016–2024 (USD Million)
Table 48 DOAS Market in UK, By Vertical, 2016–2024 (USD Million)
Table 49 DOAS Market in France, By Vertical, 2016–2024 (USD Million)
Table 50 Dedicated Outdoor Air System Market in Italy, By Vertical, 2016–2024 (USD Million)
Table 51 Dedicated Outdoor Air System Market in RoE, By Vertical, 2016–2024 (USD Million)
Table 52 DOAS Market in APAC, By Country, 2016–2024 (USD Million)
Table 53 DOAS Market in APAC, By Vertical, 2016–2024 (USD Million)
Table 54 DOAS Market in China, By Vertical, 2016–2024 (USD Million)
Table 55 DOAS Market in Japan, By Vertical, 2016–2024 (USD Million)
Table 56 DOAS Market in India, By Vertical, 2016–2024 (USD Million)
Table 57 DOAS Market in South Korea, By Vertical, 2016–2024 (USD Million)
Table 58 DOAS Market in RoAPAC, By Vertical, 2016–2024 (USD Million)
Table 59 DOAS Market in RoW, By Region, 2016–2024 (USD Million)
Table 60 DOAS Market in RoW, By Vertical, 2016–2024 (USD Million)
Table 61 DOAS Market in South & Central America, By Vertical, 2016–2024 (USD Million)
Table 62 Dedicated Outdoor Air System Marketin Middle East & Africa, By Vertical, 2016–2024 (USD Million)
Table 63 Product Launch/Demonstration (2017–2019)
Table 64 Collaboration/Agreement/Partnership/Contract (2017–2019)
Table 65 Merger and Acquisition (2018)
Table 66 Expansion (2016–2019)
List of Figures (57 Figures)
Figure 1 Dedicated Outdoor Air System Market Segmentation
Figure 2 DOAS Market: Process Flow of Market Size Estimation
Figure 3 DOAS Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Assumptions for Research Study
Figure 8 DOAS of 20–40 Ton Capacity to Dominate the Market During Forecast Period
Figure 9 New Constuction Implementation Type to Lead the Market During Forecast Period
Figure 10 Heating to Hold Largest Size of DOAS Market During Forecast Period
Figure 11 Commercial DOAS Market to Grow at Highest CAGR From 2019 to 2024
Figure 12 DOAS Market to Grow at Highest CAGR in APAC During Forecast Period
Figure 13 Attractive Opportunities for DOAS Market Growth From 2019 to 2024
Figure 14 New Construction Implementation Type to Grow at Higher CAGR During Forecast Period
Figure 15 DOAS Market for Commercial Vertical to Hold Highest Growth Rate in China During Forecast Period
Figure 16 DOAS Market to Grow at Highest CAGR in China During Forecast Period
Figure 17 DOAS Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 DOAS Market for 20–40 Ton Capacity to Grow at Highest CAGR During Forecast Period
Figure 19 Commercial to Lead DOAS Market for 20–40 Ton Capacity During Forecast Period
Figure 20 Residential DOAS Market for Less Than 20 Ton Capacity to Grow at Highest CAGR During Forecast Period
Figure 21 Commercial DOAS Market for 40–60 Ton Capacity to Grow at Highest CAGR During Forecast Period
Figure 22 DOAS Market for New Construction Implementation Type to Grow at Higher CAGR During Forecast Period
Figure 23 Commercial to Lead DOAS Market During Forecast Period
Figure 24 Retrofit Implementation Type for Residential to Grow at Highest CAGR During Forecast Period
Figure 25 DOAS Market for Ventilation to Grow at Highest CAGR During Forecast Period
Figure 26 Commercial Heating to Hold Largest Size of DOAS Market During Forecast Period
Figure 27 Residential Cooling to Grow at Highest CAGR During Forecast Period
Figure 28 Commercial Ventilation to Dominate DOAS Market During Forecast Period
Figure 29 Commercial DOAS Market for Ventilation to Grow at Highest CAGR During Forecast Period
Figure 30 New Construction to Dominate Commercial DOAS Market During Forecast Period
Figure 31 APAC to Dominate Commercial DOAS Market During Forecast Period
Figure 32 US to Dominate Commercial DOAS Market in North America During Forecast Period
Figure 33 New Construction to Grow at Higher CAGR During Forecast Period
Figure 34 APAC to Dominate Residential DOAS Market During Forecast Period
Figure 35 China to Hold Largest Size of Residential DOAS Market in APAC During Forecast Period
Figure 36 New Construction to Lead Industrial DOAS Market During Forecast Period
Figure 37 APAC to Dominate Industrial DOAS Market During Forecast Period
Figure 38 DOAS Market to Grow at Highest CAGR in China During Forecast Period
Figure 39 DOAS Market to Grow at Highest CAGR in APAC During Forecast Period
Figure 40 North America: DOAS Market Snapshot
Figure 41 US to Dominate DOAS Market During Forecast Period
Figure 42 Europe: DOAS Market Snapshot
Figure 43 Germany to Lead DOAS Market in Europe During Forecast Period
Figure 44 APAC: DOAS Market Snapshot
Figure 45 China to Lead DOAS Market in APAC During Forecast Period
Figure 46 Middle East & Africa to Dominate DOAS Market in RoW During Forecast Period
Figure 47 Companies Adopted Product Launches/Developments as Key Growth Strategies During 2016–2018
Figure 48 Johnson Controls (US) Dominated DOAS Market in 2018
Figure 49 DOAS Market (Global) Competitive Leadership Mapping, 2018
Figure 50 Evaluation Framework: DOAS Market
Figure 51 Johnson Controls International: Company Snapshot
Figure 52 United Technologies Corp.: Company Snapshot
Figure 53 Daikin: Company Snapshot
Figure 54 Ingersoll Rand: Company Snapshot
Figure 55 Mitsubishi Electric: Company Snapshot
Figure 56 LG Electronics: Company Snapshot
Figure 57 Samsung Electronics: Company Snapshot
The study involved 4 major activities in estimating the current size of the DOAS market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation methods were used to estimate the market size of segments and subsegments.
Secondary Research
The research methodology used to estimate and forecast the DOAS market begins with capturing data on revenues of key vendors in the market through secondary research. This study incorporates the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource to identify and collect information useful for the technical, market-oriented, and commercial study of the DOAS market. Vendor offerings have also been considered to determine the market segmentation. This entire research methodology includes the study of annual and financial reports of top players, presentations, press releases, journals, paid databases, trade directories, regulatory bodies, and safety standard organizations.
Primary Research
The DOAS market comprises several stakeholders, such as suppliers, standard components, original equipment manufacturers (OEMs), software providers, solutions providers, and system integrators in the supply chain. The supply side is characterized by advancements in technology used in DOAS and their diverse applications. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents.
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Market Size Estimation
Both top-down and bottom-up approaches have been used to estimate and validate the total size of the DOAS market. These methods have also been used extensively to estimate the size of various market subsegments. The research methodology used to estimate the market size includes the following:
- Key players in major verticals and markets were identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size—using the estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data have been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Research Objective
- To define, describe, and forecast the overall DOAS market, in terms of value, segmented based on capacity, implementation type, requirement, vertical, and geography
- To forecast the market size for various segments with regard to 4 regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the DOAS market
- To strategically analyze the micromarkets with respect to individual growth trends, prospects, and contribution to the overall DOAS market
- To analyze opportunities in the DOAS market for stakeholders by identifying the high-growth segments
- To strategically profile key players, comprehensively analyze their market rankings and core competencies, and detail the competitive landscape for market leaders
- To analyze competitive developments such as product launches and development; partnership, agreement, and contact; merger and acquisition, expansion, and R&D in the overall DOAS market
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