Quick Summary:
In an increasingly evolving HVAC industry, the global Dedicated Outdoor Air Systems (DOAS) market is anticipating a promising economic trajectory. Aided by factors like rapid urbanization, intensified regulatory norms for energy efficient solutions, and technological innovation, the market, estimated at US$4.5 Billion in 2022, is projected to develop robustly and scale to a formidable size of US$10.3 Billion by 2030.
This report presents an in-depth analysis, underscoring key segments like New Construction and Retrofit, both of which are poised for substantial growth in the coming years, led by post pandemic recovery efforts. Besides, the market scenario in significant economic regions like the U.S and China, along with potential growing markets such as Germany, Japan, and Canada, are meticulously examined. It includes a detailed review of top players, latest industry trends, and unique features such as a comprehensive global competitiveness evaluation, online interactive peer-to-peer collaborative bespoke updates, and access to our Research Platform and digital archives.
Global Dedicated Outdoor Air Systems Market to Reach $10.3 Billion by 2030
The global market for Dedicated Outdoor Air Systems estimated at US$4.5 Billion in the year 2022, is projected to reach a revised size of US$10.3 Billion by 2030, growing at a CAGR of 10.8% over the analysis period 2022-2030. New Construction, one of the segments analyzed in the report, is projected to record 10.4% CAGR and reach US$6.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Retrofit segment is readjusted to a revised 11.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 10.2% CAGR
The Dedicated Outdoor Air Systems market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 10.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.1% and 9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.1% CAGR.Select Competitors (Total 48 Featured) -
- Addison
- Daikin Industries Ltd.
- Desert Aire LLC.
- Desiccant Rotors International, Inc. (DRI)
- Greenheck Fan Corporation
- Ingersoll Rand PLC
- Johnson Controls International
- LG Electronics
- Mitsubishi Electric
- Nortek, Inc.
- Rupp Air Management Systems
- Samsung Electronics Co., Ltd.
- SEMCO, LLC
- United Technologies Corp.
- Ventacity Systems Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Dedicated Outdoor Air Systems?
What is the growth rate of the Global Market for Dedicated Outdoor Air Systems?
What is the forecasted size of the Global Market for Dedicated Outdoor Air Systems?
Who are the key companies in the Global Market for Dedicated Outdoor Air Systems?
Report Attribute | Details |
---|---|
No. of Pages | 96 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 4.5 Billion |
Forecasted Market Value ( USD | $ 10.3 Billion |
Compound Annual Growth Rate | 10.9% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Addison
- Daikin Industries Ltd.
- Desert Aire LLC.
- Desiccant Rotors International, Inc. (DRI)
- Greenheck Fan Corporation
- Ingersoll Rand PLC
- Johnson Controls International
- LG Electronics
- Mitsubishi Electric
- Nortek, Inc.
- Rupp Air Management Systems
- Samsung Electronics Co., Ltd.
- SEMCO, LLC
- United Technologies Corp.
- Ventacity Systems Inc.