Air Handling Units Market Size

Air Handling Units Market size was over USD 17.29 billion in 2024 and is anticipated to exceed USD 42.52 billion by the end of 2037, growing at over 7.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of air handling units is evaluated at USD 18.29 billion.

The major factor influencing the growth of the market is the growing construction of modern buildings. These modern buildings deploy air handling units in order to regulate the temperature inside the building. Moreover, with the rise in global warming, the temperature outside has risen significantly. For instance, the average worldwide temperature in 2022 was 1.15°C more than the average between 1850-1900. However, the rise in temperature also affects the inside environment of the buildings. Hence, the adoption of air-handling units is growing.

Additionally, buildings are getting more insulated in order to avoid heat evaporation and thus reduce energy expenses. This is more likely to turn air inside the structure stale and hang around for longer. As a result, the building's structure and its personnel and visitors are more at risk since the stale air may encourage the growth of mold and cause condensation issues. Hence, this is another factor that is set to dominate the market demand.