09th
October 2018: Global 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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