5th September,
2018 - Air
Handling Unit Market is expected to grow at a significant CAGR
in the upcoming years as the scope, product types and its applications are
increasing across the globe. Air Handling Unit (AHU) is used to filter,
circulate air, and as a part of HVAC equipment. The function of Air Handling
Unit (AHU) is to take in outside air, condition it, and circulate fresh air
within the building. The Air Handling Unit (AHU) comprises ventilators for
supply, and exhaust cooling coils, air filter racks, heating coils, mixing
chambers, sound attenuators, heating/cooling recovery systems, and dampers. Air
Handling Unit Market is categorized based on product Capacity, applications,
and geography.
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Air Handling Unit Market is
categorized based on Types such as Packaged, Custom, Modular, DX Integrated,
Rooftop Mounted, Low Profile (Ceiling), Others. Air Handling Unit Industry is
categorized based on Capacity into ≤ 5000 m3/h, 5001–15000 m3/h, 15001–30000
m3/h, 30001–50000 m3/h, ≥ 50001 m3/h. The Market is categorized based on
application into Commercial, Residential. Air Handling Unit Market is
categorized based on geography into Asia Pacific (China, India, ASEAN,
Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S.
Africa, Rest of MEA), North America (U.S., Canada), Latin America (Brazil, Rest
of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest
of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern
Europe).
The APAC has been at the
forefront with regards to Air Handling Unit Market and will continue to rule
the roost in the years to come due to increased economic growth rate and huge
investments in various domains such as buildings, construction, Data center,
and Hospitals. Some of the key players that fuel the growth of the Air Handling
Unit Industry include Midea, MODINE MANUFACTURING COMPANY, Euroclima, Lennox
International, Sabiana, VTS Group, TROX, Vortice, DencoHappel. The key players
are focusing on inorganic growth to sustain themselves amidst fierce
competition. As such, mergers, acquisitions, and joint ventures are the need of
the hour.
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