Press release
Air Handling Units Market Rapidly Growing Dynamics with Current Outlook 2031
An air handling unit, also known as an air handler, is a device used to condition and circulate air as a component of heating, ventilation, and air conditioning systems. This handler is typically a large metal box containing blowers, heating and cooling elements, filter chambers, silencers and dampers. Air handling units are connected to ducts to distribute conditioned (and heated or cooled) air throughout the building before returning to the AHU.The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
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According to AMR, The air handling units market size was valued at $12.6 billion in 2021, and is estimated to reach $24.9 billion by 2031, growing at a CAGR of 6.8% from 2022 to 2031.
Top Players:
Ciat Group, Barkell Ltd., VTS Group, Systemair AB, Carrier Global Corporation, Munters Group AB, Trosten Industries Company LLC, Swegon Group AB, WOLF GmbH, FlaktGroup, Holtop, Daikin Industries Ltd., Johnsons Controls International Plc, Blue Star Limited, Lennox International Inc., Hitachi Ltd., Stulz GmbH
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Based on placement, the outdoor segment held the largest market share in 2021, holding nearly two-thirds of the global air handling units market, and is expected to maintain its leadership status during the forecast period. The indoor segment, on the other hand, is expected to cite the fastest CAGR of 7.4% during the forecast period.
Based on business, the new installations segment held the dominating market share in 2021, holding nearly three-fifths of the global air handling units market, and is expected to maintain its leadership status during the forecast period. The aftermarket segment, on the other hand, is expected to cite the fastest CAGR of 6.9% during the forecast period.
Based on end-user, the commercial segment held the dominating market share in 2021, holding nearly half of the global air handling units market, and is expected to maintain its leadership status during the forecast period. The residential segment, on the other hand, is expected to cite the fastest CAGR of 7.6% during the forecast period.
Based on region, the market across Asia-Pacific region held the largest market share in 2021, holding more than two-fifths of the global air handling units market, and is expected to maintain its leadership status during the forecast period. The LAMEA region, on the other hand, is expected to cite the fastest CAGR of 8.1% during the forecast period.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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