Global Air Handling Unit Market is Expected to Reach USD 14,092.8 Million by the End of 2026.

Infinity analysts forecast the global Air Handling Unit market to grow at a CAGR of 4.8% during the forecast period, according to their latest market research report.

In terms of volume, the Air Handling Unit Consumption was valued at XX K Units in 2019 and is expected to garner XX K Units by 2026; witnessing a CAGR of 5.0% from 2020 to 2026.

Air Handling units are primarily deployed in commercial, residential, and industrial enterprises in a bid to circulate, cool, heat, mix, humidify, and dehumidify the surrounding air, so as to control the humidity, temperature, and cleanliness of living and working environment.

The growth in the integration of air conditioners has had a simultaneous positive effect on the dynamics of the market, with air handlers assuming a vital role in the entire air conditioning system. The adequate mixing of outdoor and indoor circulating air touted as a primary function of air handling units, have increased the importance of its installation in heating & cooling systems being positioned in several key industries. The extensive R&D efforts into the improvement of overall product performance through continued technological development and innovation would provide new opportunities for market growth over the forecast period.

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50,000 m3/h are covered in the Type segment of the market scope, while the Application segment is categorized into Commercial, Industrial, Offices, Hotel & Leisure, Education, Residential, and Others. The report covers the value and volume of the global market by Type and Application, with the volume expressed in K Units.

The volume of the Industrial segment by Application was evaluated at XX K Units in 2019 and is expected to reach XX K Units by 2026; witnessing a CAGR of 5.1% during 2020-2026. The rapid rate of industrialization in developing economies has contributed to the comprehensive implementation of air handler units on a worldwide scale, with the industries focused on reducing energy bills through full optimization of resources.

North America, Europe, Asia Pacific, South America, and Middle East & Africa are taken into consideration while arriving at the global Consumption Volume and Value figures. While North America is further categorized into the United States, Canada, and Mexico, Europe is split into the United Kingdom, Germany, France, Italy, and Rest of Europe. Asia-Pacific covers India, China, Japan, South Korea, and Rest of Asia Pacific in its scope. South America is bifurcated into Brazil, Argentina, and Rest of South America, with Middle East & Africa involving GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

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Asia-Pacific Air Handling Unit market was XX Units in 2019, and it is predicted to reach XX Units by 2026, at a CAGR of XX% during the forecast period. The establishment of several manufacturing industries has increased demand for the installation of air handler units on a rapid scale, thereby improving the regional growth prospects of the market.

The Air Handling Unit market is relatively fragmented, with several global and regional players competing in the existing market scenario to expand business opportunities through increasing sales and improvement in product performance. New product launches through research & development and formation of strategic collaborations & partnerships are the primary business strategies of top players.
Carrier Corporation is one of the most significant companies of the global Air Handling Unit Market in terms of volume, with Trane Inc. and YORK among many other vendors to hold substantial market share by volume and value.

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