London, 3 August 2015: Technavio, the independent tech-focused global research firm, has published a report on the global AHU market 2015-2019, which is expected to grow at a CAGR of 10.65% during the forecast period of 2014-2019.
The decrease in production costs is one of the primary factors that boost growth in this market. Many companies are now offshoring their activities to China as the total production cost in that region is comparatively lower. This reduction in the cost of production has increased contribution margins of the company, who are now in a better position to play around with their product prices.
“The construction industry is moving fast toward the concept of smart buildings. These buildings are enabled with latest energy saving control systems. Consumer appliances these days are connected with various sensors to collect and analyze data and operate accordingly,” says Faisal Ghaus, Vice President of Technavio.
“HVAC systems are also connected with sensors to adjust outputs on a real time basis. The air pressure for an AHU is not constant all the time, so it also needs controlling sensors to optimize the outputs.”
Key Market Drivers:
- Increase in Demand for >15,000 m3/h Capacity AHUs
- Recovery in Commercial Construction Industry
- Decrease in Production Costs
- Stringent Energy and Environmental Regulations
Key Market Trends:
- Aging Population
- Increased Emphasis on Green Technology
- Integration of AHU Controls with Other Systems in Buildings
- Reduction in Proprietary Protocols
- Increase in Smart Buildings
Key Market Vendors:
- Daikin Industries Ltd.
- Flakt Woods Group SA
- Systemair AB
- Trox GmbH
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges, and trends featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
