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Variable Air Volume (VAV) Systems Market, Global Outlook and Forecast 2023-2029

Variable Air Volume (VAV) Systems Market, Global Outlook and Forecast 2023-2029

  • Published on : 03 April 2023
  • Pages :70
  • Report Code:SMR-7628383

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Report overview

VAV system was born in the United States in the 1960s. According to the changes of indoor load or indoor required parameters, it can maintain a constant supply air temperature, automatically adjust the supply air volume of air conditioning system, and make the indoor parameters meet the requirements of all air conditioning systems. VAV system consists of four basic parts: VAV terminal device (VAV box, room temperature controller), air handling and conveying equipment, air duct system (fresh air / exhaust air / supply air / return air) and automatic control system. VAV system adapts to the change of load by changing the air volume, which can be realized by special VAV terminal device.
This report aims to provide a comprehensive presentation of the global market for Variable Air Volume (VAV) Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Variable Air Volume (VAV) Systems. This report contains market size and forecasts of Variable Air Volume (VAV) Systems in global, including the following market information:
Global Variable Air Volume (VAV) Systems Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Variable Air Volume (VAV) Systems Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Variable Air Volume (VAV) Systems companies in 2022 (%)
The global Variable Air Volume (VAV) Systems market was valued at US$ 11380 million in 2022 and is projected to reach US$ 16610 million by 2029, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Variable Air Volume (VAV) System key players include Johnson Controls, Trane Technologies, Carrier, Daikin Industries, Honeywell, etc. Global top five manufacturers hold a share over 65%.
North America is the largest market, with a share about 35%, followed by Asia Pacific and Europe, both have a share over 55 percent.
In terms of product, Single-Duct VAV is the largest segment, with a share over 55%. And in terms of application, the largest application is Commercial Buildings, followed by Industrial Buildings.
We surveyed the Variable Air Volume (VAV) Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Variable Air Volume (VAV) Systems Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Variable Air Volume (VAV) Systems Market Segment Percentages, by Type, 2022 (%)
Single-Duct VAV
Dual-Duct VAV
Fan-Powered VAV
Others
Global Variable Air Volume (VAV) Systems Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Variable Air Volume (VAV) Systems Market Segment Percentages, by Application, 2022 (%)
Commercial Buildings
Industrial Buildings
Others
Global Variable Air Volume (VAV) Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Variable Air Volume (VAV) Systems Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Variable Air Volume (VAV) Systems revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Variable Air Volume (VAV) Systems revenues share in global market, 2022 (%)
Key companies Variable Air Volume (VAV) Systems sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Variable Air Volume (VAV) Systems sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Johnson Controls
Trane Technologies
Carrier
Daikin Industries
Honeywell
TROX
Royal Service Air Conditioning
Fl?ktGroup
Barcol Air
Nailor
Outline of Major Chapters:
Chapter 1: Introduces the definition of Variable Air Volume (VAV) Systems, market overview.
Chapter 2: Global Variable Air Volume (VAV) Systems market size in revenue and volume.
Chapter 3: Detailed analysis of Variable Air Volume (VAV) Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Variable Air Volume (VAV) Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Variable Air Volume (VAV) Systems capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.