The world market is dominated by single duct variable air volume boxes. The single duct variable air volume box is very common with its end users because of its ability to monitor the zonal temperature and overall cost effectiveness. Furthermore, the growing need for energy saving is propelling the use of single duct variable air volume boxes in smaller spaces such as dorms, offices, retail shops, and classrooms.
Adroit Market Research study on the global market for Variable Air Volume Box offers a holistic view of the industry from 2020 to 2028 as a forecast period, including factors such as market drivers, limitations, opportunities, threats, and regulatory overview. The market has been analyzed from 2018 to 2028, with a base year estimate of 2019 and a projection from 2020 to 2028. The report covers the current status and potential characteristics of the market at both the global and the country level. Moreover, the report also assesses market competition with Porter's analysis of five strengths and places leading players on the basis of their product range, regional presence, strategic initiatives, and overall sales. Prominent players in the global Variable Air Volume Box market have been analyzed in depth.
The single-duct VAV is anticipated to lead the complete VAV Box market along the forecast period. One of the key factors driving demand for Single-Duct VAV is the ability to control zone temperature by volumetric air flow. Furthermore, as the need for energy conservation grows, Single-Duct VAV is being used in smaller spaces such as schools, convenience shops, dormitories, and offices. The main use of VAV Box is projected to be commercial buildings. The use of a VAV box with a VAV device ensures the overall system's energy consumption. As a result, VAV systems in commercial buildings are becoming increasingly common. VAV systems are found in a variety of commercial facilities, from massive office complexes, shopping centres, hospitals, and restaurants, as well as mega structures, conference centres, and shopping malls.
North America is predicted to dominate the VAV BOX market during the projected period. The three major markets in the North America VAV Box Market are the US, Canada, and Mexico, with the US having the largest market share. The total construction industry is projected to be driven by the rising healthcare construction industry in North America due to the ageing population.
The key players of the global Variable Air Volume Box market report include- Ingersoll Rand PLC, Johnson Controls, TROX GmbH, Spectrum Industries, United Technologies Corporation (US), Honeywell International Inc., Daikin Industries, Ltd., Siemens AG, Systemair AB, Barcol-Air.
Key Segments of the Global Variable Air Volume Box Market
Type Overview, 2018-2028 (USD Million)
- Single-Duct VAV
- Dual-Duct VAV
- Induction VAV
- Fan-Powered VAV
Application Overview, 2018-2028 (USD Million)
- Commercial Building
- Industrial Building
- Residential Building
Regional Overview, 2018-2028 (USD Million)
- Rest of Europe
- Rest of Asia-Pacific
Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- Rest of South America