Air Handling Units Market Research Report – Forecast to 2030

Air Handling Units Market Research Report: Information by Capacity (Up to 5000 m3/hr, 5000 m3/hr – 10000 m3/hr, 10000m3/hr – 15000 m3/hr, and above 15000 m3/hr), by Effect (Single Effect, and Double Effect), and by Regions – Forecast till 2030

ID: MRFR/E&P/0456-HCR | February 2021 | Region: Global | 115 pages

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Impact of COVID-19 on the Air Handling Units Market

Source: Primary Experts, Secondary Sources, and MRFR Analysis

Air handling units (AHUs) are filtration systems utilized in HVAC applications to regulate and circulate air. AHUs take in outside air, processes it (filter, either heat or cool), and then supply it to a room as fresh air. The outbreak of COVID-19 has altered the working styles of most industries. Since manufacturing, as well as other sectors, are facing lockdowns, a large section of employees has been working remotely from their homes to prevent the spread of the infection. Hence, the demand for HVAC systems has shifted from the industrial sector to the residential sector. However, despite the significant demand for residential AHUs, the sales figures have reported a decline owing to the fewer installations of AHUs at people’s homes, which can be attributed mainly to the restrictions enforced on technicians who were not allowed to enter residential premises for the installation of AHUs. Additionally, this decline in sales revenues was also attributed to the disrupted supply chain and warehouse operations affecting the availability of components required in HVAC systems. For instance, the average distributor of AHUs reported a revenue fall of over 19% till the end of April 2020 as compared to April 2019 and a rise in the unemployment rate due to the lockdown.

Average distributor sales revenue, 2019-2020

Source: Heating Air-conditioning & Refrigeration Distributors International (HARDI)

On the other hand, the number of COVID-19 cases across the globe has increased, resulting in the rising demand for hospital beds to treat the infected, in turn, raising the requirement for AHUs since governments and NGOs are cooperating to build COVID-19 treatment facilities by turning non-hospital rooms into quarantine centers. This scenario has challenged the AHUs industry to think and operate in totally unfamiliar environments with new compilatory regulations as well as safety procedures. Also, this crisis is strengthening the value chain partnerships right from component manufacturers and distribution channel partners to customers. According to the MRFR analysis, the rising rate of unemployment is adding to the 2020 recession, which is expected to lower the demand for AHUs. The decline is also attributed to the decrease in the consumers’ spending capacity on high-cost luxury items, including the installation of HVAC systems. However, the rising demand for hospital beds is projected to support the demand for AHUs during the COVID-19 crisis. Additionally, the work from home policies adopted by the majority of the companies is expected to boost the product demand, in turn, driving the growth of the AHUs market in the coming quarters.

Table of content

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Air Handling Units Market, By Capacity

5.1 Introduction

5.2 Up to 5000m3/hr

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 5000m3/hr - 15000m3/hr

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

5.4 Above 15000m3/hr

5.4.1 Market Estimates & Forecast, 2020-2027

5.4.2 Market Estimates & Forecast by Region, 2020-2027

6 Global Air Handling Units Market, By Effect

6.1 Introduction

6.2 Single

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Double

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

7 Global Air Handling Units Market, By Region

7.1 Introduction

7.2 North America

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Capacity, 2020-2027

7.2.3 Market Estimates & Forecast by Effect, 2020-2027

7.2.4 U.S.

8.2.4.1 Market Estimates & Forecast, 2020-2027

7.2.4.2 Market Estimates & Forecast by Capacity, 2020-2027

7.2.4.3 Market Estimates & Forecast by Effect, 2020-2027

7.2.5 Canada

8.2.5.1 Market Estimates & Forecast, 2020-2027

7.2.5.2 Market Estimates & Forecast by Capacity, 2020-2027

7.2.5.3 Market Estimates & Forecast by Effect, 2020-2027

7.3 Europe

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Capacity, 2020-2027

7.3.3 Market Estimates & Forecast by Effect, 2020-2027

7.3.4 U.K.

7.3.4.1 Market Estimates & Forecast, 2020-2027

7.3.4.2 Market Estimates & Forecast by Capacity, 2020-2027

7.3.4.3 Market Estimates & Forecast by Effect, 2020-2027

7.3.5 Germany

7.3.5.1 Market Estimates & Forecast, 2020-2027

7.3.5.2 Market Estimates & Forecast by Capacity, 2020-2027

7.3.5.3 Market Estimates & Forecast by Effect, 2020-2027

7.3.6 France

7.3.6.1 Market Estimates & Forecast, 2020-2027

7.3.6.2 Market Estimates & Forecast by Capacity, 2020-2027

7.3.6.3 Market Estimates & Forecast by Effect, 2020-2027

7.3.7 Italy

7.3.7.1 Market Estimates & Forecast, 2020-2027

7.3.7.2 Market Estimates & Forecast by Capacity, 2020-2027

7.3.7.3 Market Estimates & Forecast by Effect, 2020-2027

7.3.8 Rest of Europe

7.3.8.1 Market Estimates & Forecast, 2020-2027

7.3.8.2 Market Estimates & Forecast by Capacity, 2020-2027

7.3.7.3 Market Estimates & Forecast by Effect, 2020-2027

7.4 Asia Pacific

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Capacity, 2020-2027

7.4.3 Market Estimates & Forecast by Effect, 2020-2027

7.4.4 China

7.4.4.1 Market Estimates & Forecast, 2020-2027

7.4.4.2 Market Estimates & Forecast by Capacity, 2020-2027

7.4.4.3 Market Estimates & Forecast by Effect, 2020-2027

7.4.5 Japan

7.4.5.1 Market Estimates & Forecast, 2020-2027

7.4.5.2 Market Estimates & Forecast by Capacity, 2020-2027

7.4.5.3 Market Estimates & Forecast by Effect, 2020-2027

7.4.6 India

7.4.6.1 Market Estimates & Forecast, 2020-2027

7.4.6.2 Market Estimates & Forecast by Capacity, 2020-2027

7.4.6.3 Market Estimates & Forecast by Effect, 2020-2027

7.4.7 Rest of Asia Pacific

7.4.7.1 Market Estimates & Forecast, 2020-2027

7.4.7.2 Market Estimates & Forecast by Capacity, 2020-2027

7.4.7.3 Market Estimates & Forecast by Effect, 2020-2027

7.5 Rest of the World

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Capacity, 2020-2027

7.5.3 Market Estimates & Forecast by Effect, 2020-2027

8 Competitive Landscape

9 Company Profile

9.1 Systemair (Sweden)

9.1.1 Company Overview

9.1.2 Product/Services Offering

9.1.3 Financial Overview

9.1.4 Key Developments

9.1.5 Strategy

9.1.6 SWOT Analysis

9.2 TROX (U.S.)

9.2.1 Company Overview

9.2.2 Product /Services Offering

9.2.3 Financial Overview

9.2.4 Key Developments

9.2.5 Strategy

9.2.6 SWOT Analysis

9.3 GEA Air Treatment (Germany)

9.3.1 Company Overview

9.3.2 Product /Services Offering

9.3.3 Financial Overview

9.3.4 Key Developments

9.3.5 Strategy

9.3.6 SWOT Analysis

9.4 Daikin (Japan)

9.4.1 Company Overview

9.4.2 Product /Services Offering

9.4.3 Financial Overview

9.4.4 Key Developments

9.4.5 Strategy

9.4.6 SWOT Analysis

9.5 Johnson Controls (U.S.)

9.5.1 Company Overview

9.5.2 Product /Services Offering

9.5.3 Financial Overview

9.5.4 Key Developments

9.5.5 Strategy

9.5.6 SWOT Analysis

9.6 Lennox International (U.S.)

9.6.1 Company Overview

9.6.2 Product /Services Offering

9.6.3 Financial Overview

9.6.4 Key Developments

9.6.5 Strategy

9.6.6 SWOT Analysis

9.7 Flakt Woods (UK)

9.7.1 Company Overview

9.7.2 Product /Services Offering

9.7.3 Financial Overview

9.7.4 Key Developments

9.7.5 Strategy

9.7.6 SWOT Analysis

9.8 Sabiana (UK)

9.8.1 Company Overview

9.8.2 Product /Services Offering

9.7.3 Financial Overview

9.7.4 Key Developments

9.8.5 Strategy

9.8.6 SWOT Analysis

9.9 Hitachi Ventus (Japan)

9.9.1 Company Overview

9.9.2 Product /Services Offering

9.9.3 Financial Overview

9.9.4 Key Developments

9.9.5 Strategy

9.9.6 SWOT Analysis

9.10 Carrier Corporation (UK)

9.10.1 Company Overview

9.10.2 Product /Services Offering

9.10.3 Financial Overview

9.10.4 Key Developments

9.10.5 Strategy

9.10.6 SWOT Analysis

9.11 Trane Inc. (Ireland)

9.11.1 Company Overview

9.11.2 Product /Services Offering

9.11.3 Financial Overview

9.11.4 Key Developments

9.11.5 Strategy

9.11.6 SWOT Analysis

9.12 CIAT Group (France)

9.12.1 Company Overview

9.12.2 Product /Services Offering

9.12.3 Financial Overview

9.12.4 Key Developments

9.12.5 Strategy

9.12.6 SWOT Analysis

9.13 Swegon (Sweden)

9.13.1 Company Overview

9.13.2 Product /Services Offering

9.13.3 Financial Overview

9.13.4 Key Developments

9.13.5 Strategy

9.13.6 SWOT Analysis

10 Conclusion

11 Appendix

List of Tables

Table 1 Global Air Handling Units Market: By Region, 2020-2027

Table 2 North America Air Handling Units Market: By Country, 2020-2027

Table 3 Europe Air Handling Units Market: By Country, 2020-2027

Table 4 Asia Pacific Air Handling Units Market: By Country, 2020-2027

Table 5 RoW Air Handling Units Market: By Country, 2020-2027

Table 6 Global Air Handling Units Market by Effect Market: By Regions, 2020-2027

Table 7 North America Air Handling Units Market by Effect: By Country, 2020-2027

Table 8 Europe Air Handling Units Market by Effect: By Country, 2020-2027

Table 7 Asia Pacific Air Handling Units Market by Effect: By Country, 2020-2027

Table 10 RoW Air Handling Units Market by Effect: By Country, 2020-2027

Table 9 Global Air Handling Units Market, by Capacity, By Regions, 2020-2027

Table 12 North America Air Handling Units Market, by Capacity, By Country, 2020-2027

Table 13 Europe Air Handling Units Market, by Capacity, By Country, 2020-2027

Table 14 Asia Pacific Air Handling Units Market, by Capacity, By Country, 2020-2027

Table 15 RoW Air Handling Units Market, by Capacity, By Country, 2020-2027

Table 16 Global Air Handling Units Market: By Region, 2020-2027

Table 17 Global Air Handling Units Market: By Region, 2020-2027

Table 18 Global Air Handling Units Market: By Region, 2020-2027

Table 18 North America Air Handling Units Market, By Country

Table 20 North America Air Handling Units Market, By Capacity

Table 21 North America Air Handling Units Market, By Effect

Table 22 Europe: Air Handling Units Market, By Country

Table 23 Europe: Air Handling Units Market, By Capacity

Table 24 Europe: Air Handling Units Market, By Effect

Table 25 Asia Pacific: Air Handling Units Market, By Country

Table 26 Asia Pacific: Air Handling Units Market, By Capacity

Table 27 Asia Pacific: Air Handling Units Market, By Effect

Table 28 RoW: Air Handling Units Market, By Region

Table 28 RoW Air Handling Units Market, By Capacity

Table 30 RoW Air Handling Units Market, By Effect

List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL AIR HANDLING UNITS MARKETSHARE, BY SECTOR, 2020 (%)

FIGURE 7 GLOBAL AIR HANDLING UNITS MARKET, BY SECTOR, 2020-2027 (USD MILLION)

FIGURE 10 GLOBAL AIR HANDLING UNITS MARKETSHARE, BY CAPACITY, 2020 (%)

FIGURE 9 GLOBAL AIR HANDLING UNITS MARKET, BY CAPACITY, 2020-2027 (USD MILLION)

FIGURE 12 GLOBAL AIR HANDLING UNITS MARKET SHARE (%), BY REGION, 2020

FIGURE 13 GLOBAL AIR HANDLING UNITS MARKET, BY REGION, 2020-2027 (USD MILLION)

FIGURE 14 NORTH AMERICA AIR HANDLING UNITS MARKETSHARE (%), 2020

FIGURE 15 NORTH AMERICA AIR HANDLING UNITS MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 16 EUROPE AIR HANDLING UNITS MARKETSHARE (%), 2020

FIGURE 17 EUROPE AIR HANDLING UNITS MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 18 ASIA PACIFIC AIR HANDLING UNITS MARKETSHARE (%), 2020

FIGURE 18 ASIA PACIFIC AIR HANDLING UNITS MARKETBY COUNTRY, 2020-2027 (USD MILLION)

FIGURE 20 REST OF THE WORLD AIR HANDLING UNITS MARKETSHARE (%), 2020

FIGURE 21 REST OF THE WORLD AIR HANDLING UNITS MARKETBY COUNTRY, 2020-2027 (USD MILLION)