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    South Korea Air Handling Units Market

    ID: MRFR/E&P/46365-HCR
    200 Pages
    Garvit Vyas
    October 2025

    South Korea Air Handling Units Market Research Report By Type (Packaged Rooftop, Modular, Custom), By Effect (Single-Effect, Double-Effect), By Capacity (Upto 5000 m3/hr, 5000 m3/hr – 15000 m3/hr, Above 15000 m3/hr) andBy Application (Industrial, Residential, Commercial)- Forecast to 2035

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    South Korea Air Handling Units Market Infographic
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    South Korea Air Handling Units Market Summary

    The South Korea Air Handling Units market is projected to grow significantly from 508.4 million USD in 2024 to 1200 million USD by 2035.

    Key Market Trends & Highlights

    South Korea Air Handling Units Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 8.12 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 1200 million USD, indicating robust growth potential.
    • In 2024, the market is valued at 508.4 million USD, reflecting a strong foundation for future expansion.
    • Growing adoption of energy-efficient technologies due to increasing environmental regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 508.4 (USD Million)
    2035 Market Size 1200 (USD Million)
    CAGR (2025-2035) 8.12%

    Major Players

    Panasonic, Swegon, Aermec, Trane Technologies, Samsung Electronics, KMC Controls, Mitsubishi Electric, Honeywell, Modine Manufacturing Company, LG Electronics, Carrier Global, Johnson Controls, Gree Electric Appliances, Daikin Industries, Sakul Electronics

    South Korea Air Handling Units Market Trends

    In South Korea, the air handling units market has shown notable trends driven largely by the country's growing emphasis on energy efficiency and sustainability. With a significant push from the South Korean government towards reducing greenhouse gas emissions and promoting energy-efficient technologies, manufacturers are increasingly innovating their air handling units to meet stricter environmental regulations and standards. Additionally, urbanization has escalated demand for HVAC systems, particularly in metropolitan areas like Seoul, which further propels the market for technologically advanced air handling units that provide better indoor air quality and energy management.

    Opportunities are also emerging in the market due to the increasing adoption of smart technologies. As building management systems become more advanced, integrating IoT solutions into air handling units offers potential benefits such as predictive maintenance and real-time monitoring, which can enhance operational efficiency and lower running costs. The trend toward proactive maintenance, facilitated by technological advancements, can be a prime area for growth as businesses and consumers recognize its value.

    Recent times have also seen a marked increase in the preference for customized air handling solutions that cater to specific industrial needs. Industries such as healthcare, manufacturing, and commercial buildings are looking for custom approaches that streamline the flow of air and conserve energy at the same time. In addition, as clean energy becomes more prominent in South Korea, there is an opportunity to use new renewable energies alongside air handling systems, which offers new opportunities for innovation within the marketplace.

    All in all, the South Korean market for air handling systems is evolving with shifts in policies, public preferences, and technology.

    Market Segment Insights

    South Korea Air Handling Units Market Segment Insights:

    South Korea Air Handling Units Market Segment Insights:

    Air Handling Units Market Type Insights

    Air Handling Units Market Type Insights

    The South Korea Air Handling Units Market has seen a notable focus on Type segmentation, highlighting a variety of configurations adapted to meet the diverse needs of the region. The Packaged Rooftop units are becoming increasingly popular due to their ease of installation and suitability for commercial applications; they are designed to provide efficient heating, cooling, and ventilation solutions, making them a preferred choice for many businesses in urban areas where space is limited. Modular units are notable for their flexibility, as they can be easily integrated into existing systems or expanded as demand increases.

    This adaptability is particularly relevant for South Korea as it continues to experience rapid urbanization and evolving infrastructure demands. Custom units cater to specific client needs, allowing for tailored performance characteristics that enhance both operational efficiency and energy conservation.

    Given South Korea's commitment to energy efficiency and sustainability under its Green New Deal policy, the air handling units market is expected to benefit from increased investments in HVAC technologies that reduce energy consumption and lower greenhouse gas emissions. Additionally, the ongoing development in smart building technologies is driving innovation within the air handling unit segments, as these systems can be integrated with IoT functionalities for better performance monitoring and control. However, challenges such as regulatory compliance and the need for advanced materials for durability may impact the speed of adoption of different unit types.

    Overall, the dynamics between the Packaged Rooftop, Modular, and Custom types reflect broader trends in the South Korea Air Handling Units Market, where efficiency, adaptability, and innovation are increasingly at the forefront of considerations for both manufacturers and consumers.

    Air Handling Units Market Effect Insights

    Air Handling Units Market Effect Insights

    The Effect segment of the South Korea Air Handling Units Market plays a pivotal role in ensuring efficiency and performance in several applications, including commercial, residential, and industrial sectors. This segment is primarily categorized into Single-Effect and Double-Effect systems, each serving unique operational requirements and energy-efficiency strategies. Single-units are recognized for their straightforward design, which allows for easier installation and maintenance, appealing to customers seeking cost-effective solutions.

    Conversely, Double-Effect systems are increasingly gaining traction due to their capability to provide enhanced performance while using less energy, thus aligning perfectly with South Korea's growing emphasis on sustainability and smart building technologies. With the government's push towards innovative construction practices and energy conservation, the importance of these systems in the Air Handling Units Market is amplified. The market benefits from a trend toward healthier indoor air quality and energy-efficient designs, presenting significant opportunities for growth and adaptation in technology.

    In summary, the Effect segment stands as a critical component in the evolution of air handling solutions, reflecting broader trends in energy efficiency and environmental consciousness within South Korea.

    Air Handling Units Market Capacity Insights

    Air Handling Units Market Capacity Insights

    The South Korea Air Handling Units Market, particularly focusing on the Capacity segment, plays a crucial role in the overall HVAC ecosystem. This segment is structured into capabilities such as 5000 m3/hr, 5000 m3/hr – 15000 m3/hr, and Above 15000 m3/hr, each of which caters to distinct industrial and commercial needs. The Upto 5000 m3/hr capacity is essential for small to mid-sized facilities, commonly adopted in retail and office spaces due to its efficiency and compact design.

    The 5000 m3/hr – 15000 m3/hr range is often leveraged by larger commercial buildings, hospitals, and educational institutes, offering a balance between airflow and energy consumption, thereby supporting sustainability goals.

    On the other hand, the Above 15000 m3/hr segment dominates in large-scale industrial applications where high airflow is vital for optimal air quality and operational efficiency. The increasing demand for energy-efficient solutions and stringent regulations regarding indoor air quality are significant drivers behind the growth in these capacity segments. With South Korea's commitment to advancing smart building technology, the synchronization of these air handling units with IoT systems is expected to enhance operational efficiencies and further fuel market growth.

    Air Handling Units Market Application Insights

    Air Handling Units Market Application Insights

    The Application segment of the South Korea Air Handling Units Market reflects diverse needs across various settings, including Industrial, Residential, and Commercial sectors. The Industrial segment is vital, as factories and manufacturing plants increasingly integrate advanced air handling systems to enhance ventilation and air quality, thereby ensuring compliance with stringent environmental regulations set by the government. In the Residential sector, there is a growing demand for energy-efficient air handling units to improve indoor air quality and promote sustainable living, influenced by the rising concern for health and well-being among homeowners.

    Meanwhile, the Commercial segment plays a significant role, driven by the expansion of commercial buildings and office spaces, which require efficient climate control systems to provide comfortable environments for employees and customers alike. As the South Korea Air Handling Units Market evolves, these segments illustrate the importance of meeting specific user needs while contributing to overall market growth through innovative solutions tailored for each application.

    Get more detailed insights about South Korea Air Handling Units Market Research Report — Global Forecast till 2035

    Key Players and Competitive Insights

    The South Korea Air Handling Units Market exhibits a competitive landscape characterized by the presence of numerous key players striving to enhance efficiency, product innovation, and sustainability. As the demand for energy-efficient HVAC systems continues to grow, companies have increasingly focused on advanced features and technologies such as smart controls, improved air filtration, and eco-friendly materials. This has led to an evolving market where both local and international firms are establishing their foothold, investing in technological advancements and features that cater to the specific needs of consumers in the region.

    The rise of green building initiatives, government regulations promoting energy efficiency, and increased awareness of indoor air quality are critical factors influencing competition among market participants.

    Panasonic holds a prominent position in the South Korea Air Handling Units Market, leveraging its extensive experience in HVAC solutions and commitment to innovation and technology. The company is renowned for its energy-efficient air handling units that integrate advanced features, including intelligent air quality control and IoT connectivity.

    By focusing on sustainability, Panasonic has been able to capitalize on the growing trend towards environmentally friendly solutions. Its strong brand reputation, backed by robust research and development capabilities, positions the company as a reliable choice for consumers seeking high-performance air handling solutions. Additionally, Panasonic's commitment to customer service and local support enhances its competitive edge, allowing it to build strong relationships with clients and contractors within the region. Swegon has established a significant presence in the South Korea Air Handling Units Market, recognized for its innovative approach and comprehensive product range tailored to meet local demands.

    The company provides a variety of air-handling units designed for commercial buildings, industrial applications, and residential use, focusing on creating energy-efficient and highly effective solutions. Swegon's strengths lie in its commitment to research and development, which has facilitated the introduction of cutting-edge technologies such as efficient heat recovery systems and precise control mechanisms. The company has expanded its market share through strategic mergers and acquisitions, enhancing its product offerings and distribution capabilities in South Korea.

    By emphasizing a customer-centric approach and a dedication to sustainability, Swegon is well-positioned to cater to the evolving needs of the South Korean market while ensuring compliance with local regulations for energy efficiency and air quality standards.

    Key Companies in the South Korea Air Handling Units Market market include

    Industry Developments

    The South Korea Air Handling Units Market has seen significant developments in recent months, particularly with companies such as Panasonic, Swegon, Trane Technologies, and LG Electronics enhancing their product portfolios to meet increasing demand for energy-efficient systems. Notably, in September 2023, Samsung Electronics announced the launch of a new line of advanced air handling units designed for commercial applications, focusing on sustainability and digital connectivity.

    The market is also responding to growing environmental regulations and the push for improved indoor air quality spurred by the COVID-19 pandemic. In terms of mergers and acquisitions, Mitsubishi Electric and Honeywell have been actively exploring strategic alliances aimed at leveraging technological synergies to expand their market share in South Korea. Additionally, Gree Electric Appliances acquired an interest in a local manufacturer to enhance its distribution network within the country, reflecting an ongoing trend toward consolidation within the industry.

    Over the last few years, the market has seen substantial growth, with a notable acceleration in demand for units equipped with smart technologies and eco-friendly features, driven by both consumer preferences and regulatory initiatives from the South Korean government promoting green building practices.

    Market Segmentation

    Outlook

    • Industrial
    • Residential
    • Commercial

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 508.4 (USD Million)
    MARKET SIZE 2024 600.0 (USD Million)
    MARKET SIZE 2035 1200.0 (USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 6.504% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Panasonic, Swegon, Aermec, Trane Technologies, Samsung Electronics, KMC Controls, Mitsubishi Electric, Honeywell, Modine Manufacturing Company, LG Electronics, Carrier Global, Johnson Controls, Gree Electric Appliances, Daikin Industries, Sakul Electronics
    SEGMENTS COVERED Type, Effect, Capacity, Application
    KEY MARKET OPPORTUNITIES Energy-efficient technology adoption, Rising demand for smart HVAC systems, Growth in commercial construction projects, Increasing focus on indoor air quality, Expanding HVAC replacement market
    KEY MARKET DYNAMICS growing construction industry, increasing energy efficiency regulations, rising demand for indoor air quality, technological advancements in HVAC, shift towards sustainable solutions
    COUNTRIES COVERED South Korea

    FAQs

    What is the expected market size of the South Korea Air Handling Units Market in 2024?

    The South Korea Air Handling Units Market is expected to be valued at 600.0 million USD in 2024.

    What will be the market value of the South Korea Air Handling Units Market by 2035?

    By 2035, the market value of the South Korea Air Handling Units Market is expected to reach 1200.0 million USD.

    What is the expected CAGR for the South Korea Air Handling Units Market from 2025 to 2035?

    The market is anticipated to grow at a CAGR of 6.504 percent from 2025 to 2035.

    Which segment is expected to hold the largest market share in 2024?

    The Packaged Rooftop segment is projected to hold the largest market share, valued at 210.0 million USD in 2024.

    What is the market value of the Modular segment in 2024?

    The Modular segment of the market is expected to be valued at 180.0 million USD in 2024.

    How much is the Custom segment expected to be worth in 2035?

    The Custom segment is predicted to reach a value of 420.0 million USD by 2035.

    Who are the key players in the South Korea Air Handling Units Market?

    Major players include Panasonic, Swegon, Aermec, Trane Technologies, Samsung Electronics, and Mitsubishi Electric among others.

    What opportunities are driving the growth of the South Korea Air Handling Units Market?

    Increasing demand for energy-efficient systems and advancements in HVAC technology are major growth drivers.

    What challenges does the South Korea Air Handling Units Market currently face?

    Challenges include high initial costs and rapid technological changes in the HVAC sector.

    How has the global scenario affected the South Korea Air Handling Units Market?

    The global scenario has influenced supply chain dynamics and impacted market stability.

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