Residential Air Handling Unit Market in Western Europe 2015-2019
About Residential AHU
An AHU is a device used to filter, condition, and circulate air as part of an HVAC equipment. The AHU system includes a large insulated metal box, which comprises a fan, heating and cooling elements, sound attenuators, filter racks, and dampers. Air handlers are connected to a duct work system through which conditioned air is distributed across a building and is returned back to the air handler. It caters to various needs such as heating, cooling, or both depending on the specific duty and weather conditions. Capacity, size, and complexity of AHU system vary considerably depending on the job they are designed to perform. The system is used in both residential buildings and commercial set ups.
TechNavio's analysts forecast the Residential Air Handling Unit market in Western Europe to grow at a CAGR of 9.74 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Residential Air Handling Unit market in Western Europe during the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of air handling units to HVAC equipment manufacturers that handle residential projects in Western Europe.
TechNavio's report, the Residential Air Handling Unit Market in Western Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Western Europe; it also covers the landscape of the Residential Air Handling Unit market in Western Europe and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. Key Regions
TechNavio Announces the Publication of its Research Report – Residential Air Handling Unit Market in Western Europe 2015-2019
TechNavio recognizes the following companies as the key players in the Residential Air Handling Unit Market in Western Europe: Daikin Industries Ltd., Flakt Woods Group SA, Systemair AB and Trox GmbH.
Other Prominent Vendors in the market are: Airwell-Wesper Group, Ciat, Delta Neu, Greenheck, Lennox, Mandik and Soler and Palau.
Commenting on the report, an analyst from TechNavio’s team said: “One major trend emerging in this market is the increase in the aging population, particularly in Western European countries, which increases the demand for HVAC equipment that uses advanced air handling units. Older people are more aware of the repair and maintenance issues related to the systems. This, in turn, is positively affecting the sales of air handling units.”
According to the report, recovery in the construction industry is one of the key drivers of this market. There has been a slow but steady increase in the construction of residential buildings, driven by increased customer confidence in this sector. As the demand for air handling units is directly related to the level of construction activity, the growth of the Construction sector acts as a major driver for the market.
Further, the report states that the capital-intensive nature of the market is one of the major challenges that the market faces. Many local and regional air handling unit suppliers in Europe are finding it difficult to compete with large players. This is affecting the profit margins of local and regional vendors.
Daikin , Flakt Woods Group , Systemair, Trox, Airwell-Wesper Group , Ciat, Delta Neu , Greenheck, Lennox, Mandik, Soler and Palau
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