Global Air Handling Units Market Size, Share, Growth & Trends Analysis Report By Placement (Outdoor, Indoor) By Business (New Installations, Aftermarket) And Regional Outlook, Growth Potential & Forecast, 2024 – 2030

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Global Air Handling Units Market Size was worth USD 11.7 Billion in 2023 and it is expected to grow to USD 16.8 Billion in 2030 with a CAGR of 6.10 % in the 2023-2030 period.

Global Air Handling Units Market: Overview

The global air handling units (AHU) market is a rapidly growing market that provides a critical role in HVAC (heating, ventilation, and air conditioning) systems. An air handling unit is a device used to regulate and circulate air as part of a heating, ventilating, and air conditioning (HVAC) system. AHUs are used in various applications such as commercial, residential, industrial, and institutional buildings.

The growth of the global AHUs market is mainly driven by the increasing demand for energy-efficient HVAC systems, as well as the rising focus on improving indoor air quality. The market is also being driven by the increasing adoption of smart homes and buildings, which require advanced HVAC systems that can be controlled remotely through smartphones and other mobile devices.

The market is segmented based on type, capacity, application, and region. Based on type, the market can be segmented into packaged, rooftop, and custom AHUs. Based on capacity, the market can be segmented into up to 5000m3/hr, 5000m3/hr-15000m3/hr, and above 15000m3/hr. Based on application, the market can be segmented into commercial, residential, industrial, and institutional buildings.

Geographically, the global AHUs market can be segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America is expected to be the largest market due to the increasing demand for energy-efficient HVAC systems, as well as the strict regulations and standards for indoor air quality. The Asia-Pacific region is expected to be the fastest-growing market due to the increasing construction activities in the region, particularly in countries such as China and India.

Overall, the global market is expected to continue to grow at a significant rate due to the increasing demand for energy-efficient HVAC systems and the rising focus on improving indoor air quality.

Global Air Handling Units Market: Covid-19 Impact

The COVID-19 pandemic has had a significant impact on the global air handling units (AHU) market. The outbreak of the virus has led to the closure of businesses and institutions, resulting in a decline in demand for HVAC systems, including AHUs, in 2020.

The global AHU market witnessed a decline in demand during the first half of 2020, primarily due to the COVID-19 pandemic. The pandemic resulted in a slowdown in construction activities and a decline in the demand for new buildings, which had a direct impact on the demand for AHUs. The lockdown measures implemented in several countries also affected the supply chain, leading to delays in the delivery of AHUs and other HVAC equipment.

However, as the world gradually adapts to the new normal, the demand for AHUs is expected to pick up in the coming years. The pandemic has created a heightened awareness of indoor air quality, which is expected to drive the demand for AHUs that can improve air filtration and ventilation in commercial and institutional buildings.

Furthermore, the COVID-19 pandemic has accelerated the trend toward smart homes and buildings. With the need for contactless operations and remote monitoring of HVAC systems, there is an increased demand for AHUs that can be controlled remotely through smartphones and other mobile devices.

Overall, while the COVID-19 pandemic has had a significant impact on the global market in the short term, the long-term prospects for the market remain positive as the world adapts to the new normal and the demand for energy-efficient HVAC systems and improved indoor air quality continues to grow.

Global Air Handling Units Market: Growth Drivers

  • Increasing demand for energy-efficient HVAC systems:

 There is a growing demand for energy-efficient HVAC systems due to rising energy costs and increasing environmental concerns. AHUs play a critical role in energy-efficient HVAC systems by ensuring that air is circulated efficiently, resulting in lower energy consumption. The demand for AHU is expected to increase further as governments around the world introduce regulations and incentives to encourage the adoption of energy-efficient HVAC systems.

  • Rising focus on improving indoor air quality: 

The importance of indoor air quality (IAQ) has become increasingly apparent in recent years. Poor IAQ can have a significant impact on the health and productivity of building occupants, and there is a growing awareness of the need for proper air filtration and ventilation systems to improve IAQ. AHUs are a critical component of HVAC systems that can help to improve IAQ by providing efficient air filtration and ventilation.

  • Increasing adoption of smart homes and buildings: 

The adoption of smart homes and buildings is on the rise, driven by the increasing availability of connected devices and the growing demand for remote monitoring and control of building systems. AHUs can be integrated into smart HVAC systems, allowing for remote monitoring and control through smartphones and other mobile devices. This trend is expected to drive the demand for AHUs that can be controlled remotely and integrated into smart building systems.

  • Growing construction activities in emerging economies: 

The construction industry in emerging economies is experiencing significant growth, particularly in countries such as China and India. This growth is being driven by increasing urbanization and the need for new buildings and infrastructure. The demand for AHUs is expected to increase in these regions as new buildings are constructed and existing buildings are renovated to meet modern energy efficiency and IAQ standards.

Global Air Handling Units Market: Restraining factors

  • High installation and maintenance costs:

 AHUs are complex systems that require professional installation and regular maintenance to ensure optimal performance. The cost of installation and maintenance can be significant, which could limit the adoption of AHUs in some regions and market segments.

  • Lack of awareness and expertise: 

Many building owners and operators may not be aware of the benefits of AHUs or lack the expertise to design and install these systems. This could limit the demand for AHUs in some regions and market segments, particularly in developing economies.

  • Competition from alternative technologies: 

While AHUs are a critical component of HVAC systems, there are alternative technologies that can achieve similar results, such as ductless mini-split systems and rooftop units. The competition from these alternative technologies could limit the demand for AHUs in some market segments.

Global Air Handling Units Market:  Opportunity Factors

  • Growth in the data center industry:

 The data center industry is experiencing significant growth due to the increasing demand for cloud computing and data storage. AHUs are critical components of data center HVAC systems that help to maintain optimal operating conditions, including temperature and humidity. The growth in the data center industry is expected to drive the demand for AHUs in the coming years.

  • Increasing demand for modular AHUs: 

Modular AHUs are gaining popularity due to their flexibility and ease of installation. Modular AHUs are pre-engineered and pre-assembled, allowing for faster and more cost-effective installation compared to traditional AHUs. The increasing demand for modular construction is expected to drive the demand for modular AHUs in the coming years.

  • Adoption of air-to-air energy recovery systems: 

Air-to-air energy recovery systems are becoming increasingly popular due to their ability to reduce energy consumption and improve indoor air quality. AHUs can be equipped with air-to-air energy recovery systems, which can help to recover energy from exhaust air and reduce the load on HVAC systems. The adoption of air-to-air energy recovery systems is expected to drive the demand for AHUs in the coming years.

  • Integration with building automation systems: 

Building automation systems (BAS) are becoming increasingly popular due to their ability to improve energy efficiency and reduce operating costs. AHUs can be integrated with BAS, allowing for more efficient and automated control of HVAC systems. The integration of AHUs with BAS is expected to drive the demand for AHUs in the coming years.

Global Air Handling Units Market: Challenges

  • Increasing competition from low-cost manufacturers: 

The global AHU market is highly competitive, and there is an increasing trend toward low-cost manufacturing in developing economies. This trend could lead to pricing pressure and lower profit margins for AHU manufacturers, which could limit their ability to invest in innovation and R&D.

  • Stringent regulations and standards: 

The HVAC industry is subject to various regulations and standards related to energy efficiency, indoor air quality, and environmental sustainability. These regulations and standards can be complex and costly to comply with, which could limit the adoption of AHUs in some regions and market segments.

  • Disruption in supply chain and logistics:

 The global AHU market relies on complex global supply chains and logistics networks to manufacture and distribute products. Disruptions in these networks, such as natural disasters, pandemics, or trade disputes, could lead to delays in delivery, increased costs, and lower customer satisfaction.

  • Technological obsolescence: 

The HVAC industry is subject to rapid technological change, with new products and solutions emerging constantly. AHU manufacturers need to invest in R&D and innovation to keep pace with these changes, and failure to do so could lead to technological obsolescence and loss of market share.

Global Air Handling Units Market: Segmentation

By placement, the market is segmented into outdoor, and indoor. 

By business, the market is segmented into new installations and aftermarket.

Global Air Handling Units Market: Regional Insights

North America is one of the largest markets for AHUs, driven by the strong demand for HVAC systems in commercial and industrial buildings, as well as the growth in the data center industry. The U.S. is the largest market in the region, followed by Canada and Mexico.

Europe is another significant market for AHUs, driven by the stringent regulations and standards related to energy efficiency and environmental sustainability. The demand for AHUs is particularly strong in Northern Europe, including countries such as Germany, the UK, and Scandinavia.

Asia-Pacific is the fastest-growing market for AHUs, driven by rapid urbanization, increasing construction activities, and the growing demand for energy-efficient HVAC systems. China and India are the largest markets in the region, followed by Japan, South Korea, and Australia.

The Middle East and Africa region is a growing market for AHUs, driven by the increasing construction activities, particularly in the commercial and industrial sectors. The demand for AHUs is particularly strong in countries such as Saudi Arabia, the UAE, and Qatar.

Latin America is a relatively small market for AHUs, but it is expected to grow in the coming years due to the increasing construction activities and the growing demand for energy-efficient HVAC systems. Brazil and Mexico are the largest markets in the region.

Overall, the global AHU market is expected to witness significant growth in the coming years, driven by various factors, including growth in the data center industry, increasing demand for modular AHUs, and integration with building automation systems, among others. However, the regional dynamics of the market may vary, with different regions experiencing different growth drivers and challenges.

Global Air Handling Units Market: Competitive Analysis

Barkell Ltd., Blue Star Limited, Carrier Global Corporation, Ciat Group, Daikin Industries Ltd., FlaktGroup, Hitachi Ltd., Holtop, Lennox International Inc., Trane Inc

Global Air Handling Units Market: Recent Developments

  • Barkell Ltd.: In 2020, Barkell launched a new range of air handling units called the e-cooler DX, which is designed for use in data centers and other mission-critical applications. The e-cooler DX features energy-efficient components and advanced control systems, making it ideal for use in facilities that require high levels of reliability and availability.
  • Blue Star Limited: In 2021, Blue Star announced the launch of its new range of modular air handling units, called the M-Series. The M-Series features a modular design that allows for easy customization and installation, making it ideal for use in a wide range of applications, including commercial buildings, hospitals, and data centers.
  • Carrier Global Corporation: In 2020, Carrier launched a new range of AHUs, called the WeatherExpertTM Packaged Rooftop Units. The WeatherExpertTM units are designed for use in small to medium-sized commercial buildings and feature energy-efficient components, advanced control systems, and a compact design that allows for easy installation and maintenance.
  • Ciat Group companies: In 2021, Ciat Group announced the launch of its new range of modular air handling units, called the PHOENIX range. The PHOENIX range features a modular design that allows for easy customization and installation, making it ideal for use in a wide range of applications, including commercial buildings, hospitals, and data centers. The PHOENIX range also features advanced control systems and energy-efficient components, making it an environmentally sustainable solution.

Table of Content

1. Introduction
1.1. Market Definition
1.2. Market Scope
2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Market Overview
3.2. Research Report Segmentation & Scope
3.3. Value Chain Analysis
3.4. Key Market Trend Analysis
3.4.1. Market Drivers
3.4.2. Market Restraint/Challenges
3.4.3. Market Opportunities
3.5. Porter’s Five Forces Analysis
3.6. Potential Venture Avenues
3.7. Market Share Analysis
3.8. Regulatory Framework
3.9. Marketing Strategy
3.10. Key Winning Strategy
3.11. Consumer Behavior Analysis
4. Product Overview
4.1. Introduction
4.2. Market Size & Forecast, 2020 to 2029
4.3. By Type
4.3.1. Packaged AHU
4.3.2. Modular AHU
4.3.3. Custom AHU
4.4. By Capacity Range
4.4.1. Up to 5,000 m³/h
4.4.2. 5,000-15,000 m³/h
4.4.3. Above 15,000 m³/h
5. Application Overview
5.1. Introduction
5.2. Market Size & Forecast, 2020 to 2029
5.2.1. Key Applications
5.2.1.1. Residential
5.2.1.2. Commercial
5.2.1.3. Industrial
6. End Users Overview
6.1. Introduction
6.2. Market Size & Forecast, 2020 to 2029
6.2.1. Commercial Buildings
6.2.2. Industrial Facilities
6.2.3. Residential Buildings
6.2.4. Healthcare Facilities
6.2.5. Government and Public Buildings
6.2.6. Data Centers
7. Regional Overview
7.1. Introduction
7.2. Market Size & Forecast, 2020 to 2029
7.2.1. Americas
7.2.1.1. North America
7.2.1.1.1. U.S.
7.2.1.1.2. Canada
7.2.1.2. South America
7.2.2. Europe
7.2.2.1. Western Europe
7.2.2.1.1. Germany
7.2.2.1.2. France
7.2.2.1.3. U.K.
7.2.2.1.4. Italy
7.2.2.1.5. Spain
7.2.2.1.6. Rest Of Western Europe
7.2.2.2. Eastern Europe
7.2.3. Asia Pacific
7.2.3.1. China
7.2.3.2. Australia
7.2.3.3. Japan
7.2.3.4. India
7.2.3.5. Republic of Korea
7.2.3.6. Rest of Asia Pacific
7.2.4. The Middle East & Africa
7.2.4.1. The Middle East
7.2.4.1.1. UAE
7.2.4.1.2. Saudi Arabia
7.2.4.1.3. Kuwait
7.2.4.1.4. Qatar
7.2.4.1.5. Rest of the Middle East
7.2.4.2. Africa
8. Manufacturer/ Vendor Profile
8.1. The following attributes will be considered while profiling key manufacturers in this industry:
8.1.1. Company Overview
8.1.2. Financial Synopsis
8.1.3. Recent Developments
8.1.4. R&D Investments (if any)
8.1.5. Strategy Overview (Analyst Perspective)
8.1.6. Product Portfolio
8.2. Companies Profiled
8.2.1. Daikin Industries, Ltd.
8.2.2. Carrier Global Corporation
8.2.3. Trane Technologies plc (formerly known as Ingersoll Rand Inc.)
8.2.4. Johnson Controls International plc
8.2.5. Systemair AB
8.2.6. DencoHappel GmbH
8.2.7. Lennox International Inc.
8.2.8. FläktGroup Holding GmbH
8.2.9. TROX GmbH
8.2.10. CIAT Group
8.2.11. Munters Group AB
8.2.12. WOLF GmbH
8.2.13. Nortek Air Solutions, LLC
8.2.14. Modine Manufacturing Company
8.2.15. Dunham-Bush Holding Bhd

Frequently Asked Questions (FAQ):

  • 1. Which is the leading segment in the AHU Market?

    - Among Product Types by Placement, Outdoor Installations contribute Major share towards AHU Market
  • 2. What are the key factors driving the AHU Market?

    Increasing demand for energy-efficient HVAC systems, Rising focus on improving indoor air quality, Increasing adoption of smart homes and buildings, Growing construction activities in emerging economies, and Technological advancements are the major factors driving the market growth
  • 3. Which region will contribute notably towards the Air Handling Units Market growth?

    - Asia Pacific region to contribute the major share towards the market growth because it is fastest growing region.
  • 4. What are the key players in Explosion Proof Motors Company?

    - Barkell Ltd., Blue Star Limited, Carrier Global Corporation, Ciat Group, Daikin Industries Ltd., FlaktGroup, Hitachi Ltd., Holtop, Lennox International Inc., Trane Inc

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