Air Handling Units Market set to grow to $20.10 billion by 2032 driven by energy efficiency

From GlobeNewswire: 2025-01-21 09:00:00

The Air Handling Units Market was valued at USD 12.64 billion in 2023, expected to reach USD 20.10 billion by 2032 with a CAGR of 5.29%. Growth is driven by urbanization, energy efficiency, and increased construction activities, particularly in regions like Asia-Pacific. Key companies include Systemair AB, Daikin Industries, and Lennox International.

Energy efficiency is crucial in the AHU market, with a focus on minimizing energy consumption while maintaining performance. Technologies like variable air volume systems and energy recovery solutions are integrated into AHUs for optimized performance. The demand for energy-efficient HVAC solutions is rising due to concerns over energy consumption and environmental impact.

Packaged AHUs dominated the market in 2023, offering cost-effective and efficient solutions for commercial and residential applications. The ≤5,000 M3/H capacity segment led the market share, popular in small to medium-sized buildings where affordability and energy efficiency are key. North America dominated the market in 2023, driven by well-developed infrastructure and a focus on energy-efficient solutions. The HVAC industry in North America is focusing on advanced AHUs to meet energy efficiency standards, driving innovation. In the Asia-Pacific region, rapid urbanization and industrialization are fueling AHU market growth, especially in China, India, and Japan. Carrier, Elta, and Modine have made recent developments to enhance their AHU offerings.



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