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Air Handling Unit Market Share

Report ID: GMI10078
Published Date: Jul 2024
Report Format: PDF

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Air Handling Unit Market Share

The global market is fragmented, with several regional companies operating on a global scale. In 2023, Carrier Corporation, Daikin Industries, LG Electronics, Toshiba Corporation, and Trane Technologies led the global AHU industry. These corporations strategically deploy mergers, acquisitions, partnerships, and facility expansions to expand its customer base, diversify its product offerings, and establish a stronger foothold in the market. These companies also leverage its vast distribution networks and resources to explore new markets.

Air Handling Unit Market Companies

Major players operating in the AHU market are:

Bosch Thermotechnology GmbH
Carrier Global Corporation
CIAT Group
Daikin Industries, Ltd.
FläktGroup Holding GmbH
Hitachi, Ltd.
Johnson Controls International PLC
Lennox International Inc.
LG Electronics Inc.
Mitsubishi Electric Corporation
Munters Group AB
Systemair AB
Trane Technologies plc
TROX GmbH
Zehnder Group International AG

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of air handling unit was reached USD 13.6 billion in 2023 and is anticipated to register 4.8% CAGR between 2024 and 2032, driven by increasing demand for HVAC systems and rising awareness of IAQ.

The commercial segment in the air handling unit market is expected to record 51% revenue share by 2032, due to strict energy efficiency regulations and the growing demand in healthcare for advanced AHUs with humidity control and HEPA filtering.

Asia Pacific air handling unit market is expected to reach USD 9.1 billion by 2032 due to economic growth and infrastructure investment boosting HVAC demand in China and India.

Bosch Thermotechnology GmbH, Carrier Global Corporation, CIAT Group, Daikin Industries, Ltd., FläktGroup Holding GmbH, Hitachi, Ltd., Johnson Controls International PLC, Lennox International Inc., and LG Electronics Inc., among others.