Air Handling Units Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user and Region (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Governments worldwide are increasingly adopting advanced technologies to combat air pollution and improve air quality amid the challenges posed by urbanization and industrialization. Emphasis on environment-friendly regulations and replacing outdated air quality systems is driving the growth of the air handling units (AHU) market. The rising demand for energy-efficient HVAC systems and the focus on air quality control are creating favorable business prospects for the industry.

Demand for Modern Air Handling Units on the Rise in Commercial and Industrial Sectors

Over the next few years, the demand for modern air handling units will be most prominent in the commercial and industrial sectors. The increasing focus on energy efficiency and sustainable HVAC systems is expected to unlock new revenue streams for market players. Key industry players are anticipated to invest in robust innovation to meet consumer demands and enhance product differentiation.

Maintaining Air Quality Becomes a Priority in the Face of Urbanization and Industrialization

The impact of robust urbanization and industrialization on air quality has become a significant concern in both developed and developing economies. Climate change and rising air pollution levels are making advanced air handling units a necessity in urban environments. Favorable government programs aimed at improving air quality are predicted to drive demand for advanced, compact, and cost-efficient air handling units. Increasing consumer awareness of the importance of fresh air quality in residential and commercial spaces will also influence the market demand. Market players are expected to capitalize on this trend and diversify their product offerings to align with sustainable innovation.

Packaged Category AHUs Witness High Demand in Commercial Segment

Packaged category air handling units are expected to experience substantial demand during the study period due to their ease of installation and durability. The commercial segment, including hospitals, healthcare centers, data centers, universities, server rooms, and laboratories, is predicted to drive the demand for these units. The trend of replacing outdated HVAC equipment and the growing demand for energy-efficient HVAC systems further contribute to the market growth across various commercial applications. Modern air handling units play a crucial role in improving air quality, creating a comfortable and fresh atmosphere, positively impacting people's productivity and well-being, and enriching the market potential for AHUs.

Asia Pacific Emerges as a Leading Regional Player

Asia Pacific has become a hub of intensive industrial activities, driving a phenomenal demand for air handling units in the region. Countries like China, India, Australia, Taiwan, and Thailand are leading the market with increasing consumer purchasing power and commercialization. Asia Pacific is predicted to account for the largest revenue share in the global air handling units market.

Prominent Players in the Market

Blue Star Limited, Hitachi Ltd., Johnsons Controls International Plc, Daikin Industries Ltd., Ciat Group, Systemair AB, and Swegon Group AB are some of the top players in the global air handling units market.