Air Handling Units Market to Witness an Outstanding Growth During 2021- 2026

(The Express Wire via Comtex)

Fortune Business Insights™ shares the above information in its report, titled “Air Handling Units Market Size,Share and Industry Analysis, By Type (Packaged, Modular, Custom, DX Integrated, Rooftop Unit (RTU), Others), By Application (Residential, Commercial, Industrial) and Regional Forecast, 2019-2026”.

Following are the highlights of the report:

  • Microscopic research into the various factors and drivers shaping the market;
  • SWOT analysis of the overall market dynamics;
  • Careful segmentation of the market and meticulous study of the different segments;
  • Comprehensive evaluation of the regional and competitive landscape characterizing the market
  • Accurate prediction of the future prospects and upcoming trends in the market.

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Top Players Mentioned:

  • Key Industry Developments:
  • November 2019:Carrier Corporation won two prestigious awards at the 2019 MENA Green Building Awards for its AquaEdge® 19DV water-cooled centrifugal chiller and the AiroVision™ 39HQ air handling unit (AHU). The AHU system has been designed for healthcare and pharmaceutical facilities, ensuring fresh air circulation for patients and healthcare professionals. The event was organized by the Emirates Green Building Counciland endorsed by the World Green Building Council.
  • October 2019:Johnson Controls-Hitachi Air Conditioning inaugurated its new Global Development Center in Gujarat, India, requiring an investment of $22.5 million. The facility will focus on developing world class AC units for residential and commercial spaces, catering to India, Southeast Asia, the Middle East, and Europe.

Prominent Market Players:

  • Swegon Group
  • Wolf GmbH
  • Trox GmbH
  • CIAT Group
  • Fujitsu General
  • GEA Group
  • Trane
  • Daikin Applied Americas
  • VTS Group
  • Barkell Ltd
  • FläktGroup
  • STULZ GmbH
  • Systemair
  • Johnson Controls
  • Carrier Corporation
  • The rising instability in crude oil prices is expected to positively impact the growth of the Air Handling Units Market. Rising privatization and relaxation in the FDI norms are factors enabling growth in the market. Also, governments are heavily investing in power projects, which in turn, may fuel demand for energy and power plants across the globe.

Increasing worldwide demand for air conditioning systems will majorly drive the global air handling units market growth in the forthcoming decade. The world economy is developing at a furious pace, which is causing a surge in infrastructure activities, especially in developing countries such as India. With global temperatures rising commensurately, the demand for air conditioning has seen a meteoric rise in recent years and will continue on the same course in the next few decades. According to the International Energy Agency (IEA), by 2050, installation of air conditioners in buildings will reach 5.6 billion. Currently, this figure stands at 1.6 billion, meaning that in a span of 30 years, the number of AC systems will grow by 250%. Thus, rising adoption of AC systems will become one of the leading air handling units market trends as these units play are critical in managing and regulating air conditioning


Research Methodology:

We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.

The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.

Global Recognition to Innovative Products to Encourage Innovation

International organizations are actively recognizing the efforts of companies developing innovative products for the market, according to the air handling units market report. A few players are also taking steps to amplify their geographic presence and establish their footprint in new regions.

Market Segmentation:

  • By Type
  • By Application
  • By Geography

The information used is derived from various primary and secondary sources. It also throws light on some of the major players operating in the market. The report studies profiles of these leading companies and their share in the market. It provides insights on some of the strategies adopted by these companies to survive the competition and maintain their stronghold.

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Regional Analysis:

  • North America (The USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East and Africa (South Africa, GCC and Rest of the Middle East and Africa)

Major Table of Content for Air Handling Units Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Market Analysis, Insights and Forecast, 2026
  6. North America Market Analysis, Insights and Forecast, 2026
  7. Europe Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Market Analysis, Insights and Forecast, 2026
  9. Middle East and Africa Market Analysis, Insights and Forecast, 2026
  10. Latin America Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this Market.

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About us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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Press Release Distributed by The Express Wire

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