New Study on Dedicated Outdoor Air System Market “Estimated to Reach US$ 5.4 Billion by 2024”

A latest published report on “Dedicated Outdoor Air System Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.

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The Dedicated Outdoor Air System Market is expected to grow from US$ 3.7 Billion in 2019 to US$ 5.4 Billion by 2024, at a CAGR of 8.0%. This report spread across 140 pages, profiling 10 companies and supported with 66 tables and 57 figures is now available in this research.

Top Companies profiled in the Dedicated Outdoor Air System Market:
• Johnson Controls (US)
• United Technologies Corp. (US)
• Green heck Fan Corporation (US)
• Daikin Industries Ltd. (Japan)
• Nortek, Inc. (US)
• Ingersoll Rand Plc (Ireland)
• Mitsubishi Electric(Japan)
• LG Electronics (South Korea)
• SEMCO, LLC(US)
• Samsung Electronics(South Korea)

High demand for heating requirement in commercial segment provides opportunities to the DOAS market. DOAS units bring fresh outside air into a building independent of heating or cooling efforts. Heating equipment is an important part of a DOAS unit as it is used to maintain the optimum temperature in an enclosed space or a building. Hence, the increasing demand for heating systems drives the market for energy-efficient DOAS systems.

The DOAS market for commercial vertical accounted for the largest share in 2018. This growth is mainly attributed to the heavy investment by government for construction of commercial spaces such as airports, hotels, and retail stores, and increasing adoption of DOAS in commercial buildings. This growth is mainly attributed to the increasing adoption of HVAC systems in commercial buildings, growing demand for energy-efficient devices, and increasing consumer awareness toward energy saving in developing regions such as APAC and RoW.

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APAC is expected to hold the largest share of the DOAS market during the forecast period. APAC is the leading DOAS market for commercial and residential verticals, with major demand driven by countries such as China and India. APAC is expected to provide ample opportunities for the growth of the DOAS market during the forecast period due to large investments and increasing infrastructure activities.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 =40%, Tier 2 =36%, and Tier 3 =24%
• By Designation: C-Level Executives =40%, Directors=32%, and Others =28%
• By Region: North America =37%, Europe =26%, APAC =30%, and RoW=7%

Competitive Landscape of Dedicated Outdoor Air System Market:
1 Introduction
2 Market Player Ranking Analysis
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Innovators
3.3 Dynamic Differentiators
3.4 Emerging Companies
4 Competitive Benchmarking
4.1 Strength of Product Portfolio (25 Companies)
4.2 Business Strategy Excellence (25 Companies)
5 Competitive Scenario
6 Competitive Situations & Trends
6.1 Product Launches/Developments
6.2 Collaborations/Agreements/Partnerships
6.3 Mergers and Acquisitions
6.4 Expansions

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