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Air Handling Units Market Share

ID: MRFR//0456-CR | 128 Pages | Author: Chitranshi Jaiswal| October 2023

Introduction: Navigating the Competitive Landscape of Air Handling Units

The air-handling units market is in the midst of a transformation phase, a consequence of rapid technological development, changes in the regulatory framework, and the growing consumer expectations for energy efficiency and indoor air quality. The major players, i.e., the system and equipment suppliers, IT and telecommunications system integrators, and building services contractors, are vying with one another to establish themselves as the market leaders, by deploying advanced digital solutions based on machine learning, the Internet of Things, and automation. These innovations not only increase the efficiency of the operations, but also allow for real-time monitoring and preventive maintenance, which sets the industry leaders apart from their competitors. The green-building technology companies are reshaping the market by prioritizing sustainability and compliance with regulations. In 2024–2025, the Asia–Pacific and North American regions will be the growth markets. The strategic deployment of smart building solutions will be aimed at retrofitting the existing systems to comply with the new performance standards.

Competitive Positioning

Full-Suite Integrators

The solution of these suppliers includes various air-handling devices and services.

VendorCompetitive EdgeSolution FocusRegional Focus
Daikin Industries Global leader in HVAC solutions Air conditioning and ventilation systems Global
Trane Innovative energy-efficient systems HVAC systems and services Global
Carrier Corporation Pioneering HVAC technology Heating, ventilation, and air conditioning North America, Europe
Johnson Control Incorporation Smart building solutions HVAC and building management systems Global

Specialized Technology Vendors

These vendors focus on niche technologies and innovations within the air handling unit market.

VendorCompetitive EdgeSolution FocusRegional Focus
Systemair High-quality ventilation products Ventilation and air handling units Europe, Asia
GEA Group Process technology expertise Industrial air handling solutions Global
Flakt Group Energy-efficient air solutions Air handling and filtration systems Europe
Lennox International Residential and commercial HVAC Heating and cooling systems North America

Infrastructure & Equipment Providers

These vendors supply essential equipment and infrastructure for air handling systems.

VendorCompetitive EdgeSolution FocusRegional Focus
Sabiana Customizable air handling solutions Air handling units and systems Europe
VTS Group Innovative HVAC solutions Air handling and climate control Europe, Asia

Emerging Players & Regional Champions

  • Aqua Air (USA): Specializes in energy-efficient air handling units with integrated smart technology for real-time monitoring. Challenges established vendors by offering lower operating costs and more sustainable products. Recently won a contract with a major university for a campus-wide HVAC system.
  • The focus is on energy-efficient air-handling units with a high percentage of renewable energy. The company recently completed a large-scale project in a Berlin office building, and is positioning itself as a strong competitor to traditional manufacturers by stressing the use of green technology and compliance with European standards.
  • Air Flow Innovations (India): Custom-built air handling units for industrial applications. A recent contract was for a car factory in Pune. Challenges established players with a localized, cost-effective approach.
  • Brazil: compact and modular air handling units for city environments. We have recently entered into a partnership with a large property developer in Sao Paulo, filling a niche for compact and efficient air conditioning in the city.

Regional Trends: The market for air handling units is characterised by a strong trend towards energy efficiency and sustainability, especially in Europe and North America. Smart technology and eco-friendly designs are being developed by newcomers to meet both regulatory requirements and customer preferences. In Asia-Pacific, there is a growing demand for specialised products to meet local industrial needs. Modular products are in demand in Latin America in response to the urbanisation challenge.

Collaborations & M&A Movements

  • The two companies have made a common effort to develop energy-saving air handling units that will reduce the CO2 emissions of the world.
  • In early 2024, Trane acquired the air-handling unit division of the company Johnson Controls to strengthen its product line and its position in the HVAC market.
  • Lennox International and Honeywell have teamed up to integrate smart technology into air handling units. The result is a higher level of building efficiency and a better occupant experience.

Competitive Summary Table

CapabilityLeading PlayersRemarks
Energy Efficiency Trane, Carrier The new line of Trane air-handling units has been designed to make energy savings of up to 30 per cent compared with previous models. The Carrier Air Handling Units feature variable speed fans that optimize energy consumption based on actual requirements.
Smart Controls Johnson Controls, Daikin This is where the company's building management system comes in. It is a robust building management system that can be integrated with artificial intelligence to improve the efficiency of building operation. Daikin's smart controls can be remotely adjusted to optimize system performance and the occupants' experience.
Sustainability Lennox, Mitsubishi Electric LENOX has made a commitment to use only eco-friendly refrigerants in its air handling units, which aligns with its global commitment to sustainable development. The units are designed to be manufactured with materials that are able to be recycled and energy-efficient technology.
Modular Design York, Bosch YORK’s air handling units can be scaled and adapted to suit all building sizes and requirements. Installed and maintained quickly and easily, their design also enhances flexibility in use.
Noise Reduction Fantech, Greenheck Fantech has developed air handling units with advanced sound attenuation properties, making them suitable for noise-sensitive environments. Greenheck’s air handling units have a fan design that reduces the noise level.

Conclusion: Navigating the Air Handling Units Landscape

The market for air handling units is characterized by a high degree of competition and fragmentation. The market is dominated by large and small players. The suppliers are forced to innovate and adapt their products. The focus on energy efficiency and the environment is increasing in the region. The players use their reputation and distribution networks as a basis for differentiation. Newcomers to the market are relying on new technology such as artificial intelligence and automation. In the future, it will be crucial to be able to offer sustainable and flexible solutions. It is important to prioritise these capabilities to be able to compete and meet the demands of the more and more eco-conscious consumers.

Covered Aspects:
Report Attribute/Metric Details
Base Year For Estimation 2023
Forecast Period 2024-2032
Growth Rate  5.50% (2024-2032)
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