What is Air Side Product Market?
Air slide products which include air handling unis and fan coil units are meant to design to provide control of indoor air and help purify the air as well. An air side product such as economizer allows passes of cool air from outdoor through a building and it distributes the same to the servers. Growing smart housing solutions across the world, especially in emerging countries, require effective air conditioning system which in turns propel the demand for air side products.
The market study is being classified by Type (Air Handling Unit and Fan Coil Unit) and major geographies with country level break-up.
Daikin Industries (Japan), Johnson Controls (United States), Carrier (United States), GREE (China), Bosch (Germany), Trane (Ireland), EUROKLIMAT (Italy) and Dunhan-Bush (Malaysia) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are DunAn (United States), Sinko (Japan), Munters Air Treatment (India), TROX (Germany) and Nortek Global HVAC (United States).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Air Side Product market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Air Side Product market by Type, Application and Region.
On the basis of geography, the market of Air Side Product has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Wide Adoption of Air Conditioning Systems for Commercial and Residential Applications
- Growing Focus on Energy Saving and Low Sound Requirement
Market Trend
- Use of Galvanized Panels have Ensured Long Shelf Life of the Products
- Focus on Use of Corrosion Free and Light-weight Materials
Restraints
- Complexity Involved in Maintenance and Cleaning of the Devices
- Growing Raw Materials Prices
Opportunities
- Growing Smart Housing Solutions Leading to Rise in Use of Air Side Product
- Rising Disposable Income in Emerging Countries
Challenges
- Need for Humidification in Some Air Side Products such as Economizer in Winter Season
- Improper Configuration Results in High Energy Consumption
Key Target Audience
Air Side Product Manufacturers, Raw Materials Suppliers/Distributors, System Integrator, Potential Investors, Government Agencies, Market and Research Institutes and Others