The report “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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This study aims to estimate the air handling units market size for 2016 and projects its demand till 2026. It also provides a detailed qualitative and quantitative analysis of the air handling units market. Various secondary sources that include directories, industry journals, various associations (such as ACMA, EuCIA, Composite Panel Association, American Society for Composites, BCS), and databases have referred to identify and collect information useful for this extensive commercial study of the air handling units market.
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.
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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