Market Overview:
The global air handlers & coils market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient HVAC systems, rising awareness about energy conservation, and growing construction activities across the globe. Based on type, the global air handlers & coils market is segmented into 6,000-15,000 CMF, 15000-30000 CMF and above 30000 CMF segments. The 6,000-15,000 CMF segment is expected to account for the largest share of the global air handlers & coils market in 2018 owing to its low installation and maintenance costs as compared to other types of air handlers & coils. Based on application, the global air handlers & coils market is segmented into industrial and commercial segments. The industrial segment accounted for a larger share of the global air handlers & coils market in 2017 due to increased demand from end users such as automotive manufacturers and food processing plants.
Product Definition:
Air handlers and coils are important components of a heating, ventilation, and air conditioning (HVAC) system. An air handler is a metal box that contains a blower, motor, and filters. The blower forces air through the motor and filters into the ductwork of the HVAC system. A coil is a series of metal tubes that are connected to an air handler. When the furnace or boiler in an HVAC system turns on, it heats up water that passes through the tubes in the coil. This hot water then circulates through pipes to radiators or baseboard heaters in different parts of your home, which warms up the room’s air temperature.
6,000-15,000 CMF:
6,000-15,000 CMF is a high-performance magnetic fluid. It has excellent properties such as corrosion resistance, low viscosity and thermal stability. 6,000-15,000 CMF is used in applications where high power density and short circuit current are required like electric hand dryers in commercial buildings or the motor of an air handling unit.
15000-30000 CMF:
The 15000-30000 CMF is the range of compressive strength for concrete mixtures. It is a unit of measurement used to express the force or pressure that can be applied by an air compressor to a certain volume of concrete mixture. The higher the number, generally means more force and pressure can be applied by the air compressor before it starts making noise and struggling to push air into the mixture.
Application Insights:
The industrial application segment dominated the global air handlers and coils market, accounting for a revenue share of over 60.0% in 2017. The growth can be attributed to the increasing demand for air handling units from industries such as oil & gas, power generation, food processing and cold storage among others. In addition, factors such as growing manufacturing sectors in emerging economies including China and India are expected to drive industry expansion over the forecast period.
Commercial applications include shopping malls/expositions/events etc., which require large capacity cooling systems owing to high footfall traffic on a daily basis along with heavy summer temperatures inside the buildings. Commercial buildings require large capacity HVAC systems due to high energy costs involved in operating conventional HVAC systems resulting in higher demand for commercial air handlers & coils across regions globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing industrialization and commercial construction activities in countries, such as Canada and Mexico. In addition, rising demand for air handling units from residential buildings is expected to drive regional product demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid infrastructure development along with expanding industrial sector in China, India, Japan, South Korea and Taiwan. In addition, rising number of commercial constructions including shopping malls and retail chains are likely to fuel product demand across APAC during the forecast period.
Growth Factors:
- Increasing demand for energy-efficient air handlers and coils from the commercial and residential sectors
- Growing popularity of VRF systems, which require high-quality air handlers and coils
- Proliferation of smart buildings, which need advanced air handler and coil solutions to optimize energy usage
- Rising awareness about the importance of indoor air quality and its impact on occupant health
- Advances in HVAC technology that are making more efficient and sophisticated air handlers and coils available at lower costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Air Handlers & Coils Market Research Report
By Type
6,000-15,000 CMF, 15000-30000 CMF, Above 30000 CMF
By Application
Industrial, Commercial
By Companies
Daikin Industries, Johnson Controls, Trane, AL-KO, Carrier, Sinko, TICA, TROX, LG, EUROKLIMAT, Daikin Industries, Reznor HVAC, King Air, Munters, Nuaire, Fujitsu
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Air Handlers & Coils Market Report Segments:
The global Air Handlers & Coils market is segmented on the basis of:
Types
6,000-15,000 CMF, 15000-30000 CMF, Above 30000 CMF
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Daikin Industries
- Johnson Controls
- Trane
- AL-KO
- Carrier
- Sinko
- TICA
- TROX
- LG
- EUROKLIMAT
- Daikin Industries
- Reznor HVAC
- King Air
- Munters
- Nuaire
- Fujitsu
Highlights of The Air Handlers & Coils Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 6,000-15,000 CMF
- 15000-30000 CMF
- Above 30000 CMF
- By Application:
- Industrial
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air Handlers & Coils Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Air handlers and coils are two types of HVAC equipment used to move air in and out of buildings. Air handlers circulate the air through a building, while coils provide cooling or heating.
Some of the major players in the air handlers & coils market are Daikin Industries, Johnson Controls, Trane, AL-KO, Carrier, Sinko, TICA, TROX, LG, EUROKLIMAT, Daikin Industries, Reznor HVAC, King Air, Munters, Nuaire, Fujitsu.
The air handlers & coils market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air Handlers & Coils Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Air Handlers & Coils Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Air Handlers & Coils Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Air Handlers & Coils Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Air Handlers & Coils Market Size & Forecast, 2018-2028 4.5.1 Air Handlers & Coils Market Size and Y-o-Y Growth 4.5.2 Air Handlers & Coils Market Absolute $ Opportunity
Chapter 5 Global Air Handlers & Coils Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Air Handlers & Coils Market Size Forecast by Type
5.2.1 6
5.2.2 000-15
5.2.3 000 CMF
5.2.4 15000-30000 CMF
5.2.5 Above 30000 CMF
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Air Handlers & Coils Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Air Handlers & Coils Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Air Handlers & Coils Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Air Handlers & Coils Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Air Handlers & Coils Analysis and Forecast
9.1 Introduction
9.2 North America Air Handlers & Coils Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Air Handlers & Coils Market Size Forecast by Type
9.6.1 6
9.6.2 000-15
9.6.3 000 CMF
9.6.4 15000-30000 CMF
9.6.5 Above 30000 CMF
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Air Handlers & Coils Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Air Handlers & Coils Analysis and Forecast
10.1 Introduction
10.2 Europe Air Handlers & Coils Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Air Handlers & Coils Market Size Forecast by Type
10.6.1 6
10.6.2 000-15
10.6.3 000 CMF
10.6.4 15000-30000 CMF
10.6.5 Above 30000 CMF
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Air Handlers & Coils Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Air Handlers & Coils Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Air Handlers & Coils Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Air Handlers & Coils Market Size Forecast by Type
11.6.1 6
11.6.2 000-15
11.6.3 000 CMF
11.6.4 15000-30000 CMF
11.6.5 Above 30000 CMF
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Air Handlers & Coils Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Air Handlers & Coils Analysis and Forecast
12.1 Introduction
12.2 Latin America Air Handlers & Coils Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Air Handlers & Coils Market Size Forecast by Type
12.6.1 6
12.6.2 000-15
12.6.3 000 CMF
12.6.4 15000-30000 CMF
12.6.5 Above 30000 CMF
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Air Handlers & Coils Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Air Handlers & Coils Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Air Handlers & Coils Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Air Handlers & Coils Market Size Forecast by Type
13.6.1 6
13.6.2 000-15
13.6.3 000 CMF
13.6.4 15000-30000 CMF
13.6.5 Above 30000 CMF
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Air Handlers & Coils Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Air Handlers & Coils Market: Competitive Dashboard
14.2 Global Air Handlers & Coils Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daikin Industries
14.3.2 Johnson Controls
14.3.3 Trane
14.3.4 AL-KO
14.3.5 Carrier
14.3.6 Sinko
14.3.7 TICA
14.3.8 TROX
14.3.9 LG
14.3.10 EUROKLIMAT
14.3.11 Daikin Industries
14.3.12 Reznor HVAC
14.3.13 King Air
14.3.14 Munters
14.3.15 Nuaire
14.3.16 Fujitsu