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HVAC Air Handling Units Market Share

  • Report ID: GMI5188
  • Published Date: Jan 2022
  • Report Format: PDF
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HVAC Air Handling Units Market Share

Key HVAC air handling units market players are

  • Johnson Controls, Inc.
  • Daikin Industries Ltd.
  • Carrier Corp.
  • Trane Technologies
  • Trox GmbH
  • GEA Group AG
  • Lennox International
  • CIAT Group
  • Blue Star Ltd.
     

Companies are strategically engaging in capacity expansion along with research & development to improvise their products. In July 2021, Daikin signed an agreement with the Technical Education & Skills Development Authority to establish a Heating, Ventilation, and Air Conditioning (HVAC) center in Taguig, Philippines. This investment will strengthen the company’s foothold in the South Asian region.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of HVAC air handling units exceeded $10.46 billion in 2021 and is projected to record a CAGR of 4.2% through 2028, says this GMI report.

The packaged HVAC air handling units segment may account for $6.7 billion in the global market by 2028 as these units are used in a variety of sectors and are available in numerous fixed-rated capacities, such as 3, 5, 7, 10, and 15 tons.

HVAC air handling units with up to 5000 m3/hour capacity captured more than 50% of the volume share in 2021 as they were extensively used in small premises of the residential sector and have several construction applications in European and North American regions.

Asia Pacific HVAC air handling units industry is set to surpass $5.1 billion by 2028 as governments are imposing stringent energy conservation policies and sectors, such as retail, office, and construction are witnessing a robust expansion.

Leading organizations, such as Johnson Controls, Inc., Carrier Corp., Daikin Industries Ltd., Trox GmbH, Trane Technologies, Lennox International, GEA Group AG, and CIAT Group, among many others, are manufacturing high-quality HVAC air handling units for their customers across the world.

HVAC Air Handling Units Market Scope

  • HVAC Air Handling Units Market Size
  • HVAC Air Handling Units Market Analysis
  • HVAC Air Handling Units Market Share

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    Premium Report Details

    • Base Year: 2021
    • Companies covered: 14
    • Tables & Figures: 301
    • Countries covered: 19
    • Pages: 250
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