Variable Air Volume Box Market to Witness Substantial Growth with Advancements in Building Automation Technology| MarketsandMarkets™


Posted April 20, 2023 by jackmartin_mnm

Variable Air Volume Box Market by type(Single-Duct VAV, Dual-Duct VAV, Induction VAV, Fan-Powered VAV(Series Powered, Parallel Powered)), Application(Residential Building, Industrial Building, Commercial Building), and Region

 
In HVAC systems, variable air volume (VAV) boxes are used to adjust the airflow to individual rooms or spaces. They have a motor that controls the flow of air dependent on the temperature of the room and the demand for the air conditioning system. This allows each location to receive the appropriate amount of air while remaining at a pleasant temperature. VAV boxes are utilized in commercial, industrial, and residential buildings.

VAV boxes control the airflow rate and temperature of the air delivered to a specific zone in a building. They accomplish this by adjusting the position of the box's damper, which controls the amount of air admitted into the room. When the room needs to be heated or cooled more, the damper opens wider, enabling more air to enter. When the space needs less heating or cooling, the damper closes, limiting the amount of air that enters the room. The Variable Air Volume Box Market is projected to grow USD 6.4 billion by 2024, at a CAGR of 6.3% during the forecast period.

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The single-Duct VAV segment is estimated to dominate the overall VAV box market.

The most common type of VAV box used in commercial and industrial HVAC systems is the single-duct VAV box. They are used to regulate airflow in an enclosed space by adjusting the temperature, humidity, and ventilation rates. These boxes are intended to change the airflow in reaction to changes in the environment. They are noted for their efficiency and dependability, and they are often easier and less expensive to install than other types of VAV boxes. As a result, they are the preferred material for a wide range of commercial and industrial applications.

The commercial building is projected to be the fastest-growing application of VAV box during the forecast period.

VAV boxes are increasingly being employed in commercial buildings to provide climate control and energy efficiency. VAV boxes offer several advantages, including enhanced air dispersion, temperature management, and energy savings. The demand for VAV boxes is predicted to expand in tandem with the increase in demand for office space. During the projected period, the use of VAV boxes in commercial buildings is expected to expand dramatically. This is owing to the requirement to keep large commercial buildings pleasant while also minimizing energy use. VAV boxes are also a low-cost technique to control air movement in business buildings.

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North America is estimated to be the largest VAV box market during the forecast period.

Rising demand for energy-efficient building systems, government initiatives to encourage the adoption of energy-efficient systems, and the presence of key players in the region are propelling the market in North America forward. The United States leads the regional market, followed by Canada. Energy-efficient solutions are being adopted in the region as a result of government programs such as the Energy Policy Act of 2005 (EPAct) and the Leadership in Energy and Environmental Design (LEED) certification. Furthermore, the presence of key players in the region, such as Johnson Controls, is fueling market expansion.

The major players are Ingersoll Rand PLC (Ireland), Johnson Controls (US), TROX GmbH (Germany), Spectrum Industries (India), United Technologies Corporation (US), Honeywell International Inc. (US), Daikin Industries, Ltd. (Japan), Siemens AG (Germany), Systemair AB (Sweden), Barcol-Air (Switzerland) and other.

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Last Updated April 20, 2023