Air Handling Units Market estimated to reach beyond USD 12.91 Billion by 2026


Posted December 12, 2018 by armaan007

Air Handling Units Market expected to reach USD 12.91 Billion by 2026, at a CAGR of 5.7%, over 2016–2026

 
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 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.

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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Issued By Markets and Markets
Country India
Categories Automotive , Construction , Marketing
Tags air handling units , air handling units companies , air handling units industry , air handling units manufacturers , air handling units market
Last Updated December 12, 2018