Offshore Air Handling Units Market is anticipated to reach US$ 3.26 Bn by 2027 from US$ 1.98 Bn in 2020 at a CAGR of 7.40% during a forecast period.Global Offshore Air Handling Units Market Overview
The air handling unit (AHU), also known as the air handler, is a central air conditioning appliance that controls the air moving throughout the HVAC system. It is one of the most important components to consider when constructing an air conditioning system. AHU is an integrated unit that includes a variety of equipment such as fans, filters, air-control dampers, heating/cooling coils, and other components. The material utilized in the building of offshore air handling units is significant for corrosion and environmental protection. Offshore air handling systems are intended for use in a variety of offshore applications, including oil rigs, ships, cruise liners, and other maritime applications. Because of extreme weather circumstances such as salty air, strong rains, and storms, the air handling unit must be made with excellent materials to increase overall longevity. The units can be made of stainless steel or coated steel.To know about the Research Methodology :- Request Free Sample Report
Global Offshore Air Handling Units Market Dynamics
The global offshore air handling units market is being propelled by a variety of factors, including increased demand from emerging countries, rising energy prices, and the implementation of the Kyoto Protocol to tackle climate change. Other factors driving global market growth include increased interest in energy conservation and a greater emphasis on the utilization of cost-effective renewable energy sources such as solar power. However, the adoption of air handling systems may suffer as a result of certain handlers' low thermal efficiency, which has made them less competitive in an environment where free waste heat is readily accessible. They are particularly vulnerable in the face of electric chillers, which demand a higher cooling tower capacity and more pump energy. Nonetheless, attractive opportunities are predicted to emerge as a result of the fact that waste heat may find efficient applications and that several manufacturers are making numerous low-cost units available. Anticipated Growth in Oil & Gas Industry in the Asia Pacific region creates market opportunities The Asia Pacific is expected to be a significant region of the global offshore air handling Units market during the forecast period due to an enormous number of offshore oil and gas industries in the region. As a consequence, demand for offshore air handling Units is expected to continue robust during the forecast period.
Global Offshore Air Handling Units Market Segmentation Analysis
By Effect, the single effect segment is expected to grow at the largest CAGR of nearly XX% during the forecast period. Fluids are transferred through components such as the evaporator, generator, absorber, and condenser in single effect air handling systems. The double-action enables an absorbent solution to carry out a more refrigerant boil-off. The double effect chiller varies from the single effect chiller in that it has two generators and condensers. Triple effect handlers are regarded as an emerging innovation in heating, ventilation, and air-conditioning (HVAC) technology. By Application, the offshore oil and gas industry segment is expected to grow at the largest CAGR of nearly XX% during the forecast period. The overall growing offshore shipbuilding and allied industries are driving demand for offshore air-handling devices. The offshore oil and gas industry has had rapid growth in recent years and is expected to continue in the future years. The cruise ships and yachts industry, on the other hand, is one of the largest and fastest-growing sectors in the tourism sector.Global Offshore Air Handling Units Market Regional Analysis
The Asia Pacific held the largest market share of XX % in 2019 and is projected to grow at the highest CAGR of XX% over the forecast period owing to tight oil and gas sources. Countries such as China and India, as well as the Malay Archipelago states, are expected to see massive growth in the Asia Pacific. Currently, the Asia Pacific market has a greater portion of the global offshore air handling unit market, behind just a handful of the main regions. As waste-generated energy becomes more widely available, locations in the Rest of the World, particularly Latin America, are expected to discover a solid platform for growth. Broad Air Conditioning Co., Ltd., Century Corporation, Hitachi Appliances Inc., Carrier Corporation, and Thermax Inc. are likely to enter the global market with innovative air handling units. North America is expected to be a significant region of the global offshore air handling unit market during the forecast period due to an enormous number of oil & gas industries in the region. The market for offshore air handling systems is expected to draw demand with the high temperatures reported in Mexico and the United States.The objective of the report is to present a comprehensive analysis of the Global Offshore Air Handling Units Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Offshore Air Handling Units Market dynamics, structure by analyzing the market segments and project the Global Offshore Air Handling Units Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Offshore Air Handling Units Market make the report investor’s guide.Global Offshore Air Handling Units Market Scope: Inquire before buying
Global Offshore Air Handling Units Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: US $ 1.98 Bn. Forecast Period 2021 to 2027 CAGR: 7.40% Market Size in 2027: US $ 3.26 Bn. Segments Covered: by Effect • Single effect • Double effect • Triple effect by Application • Cruise Ships & Yachts Industry • Offshore Ship Building & Allied Industries • Offshore Oil & Gas Industry Global Offshore Air Handling Units Market by Region:
• North America • Asia pacific • Europe • Middle East and Africa • South AmericaGlobal Offshore Air Handling Units Market: Key Players
• Johnson Controls • Trane, Inc • Broad Air Conditioning Co. Ltd • Hitachi Appliances, Inc • Carrier Corporation • Thermax, Inc • Robur Corporation • Century Corporation • Yazaki Energy Systems Inc • EAW Energieanlagenbau GmbH • LG Air Conditioning (Shandong) Co. Ltd • Novenco A/S • Heinen&Hopman Engineering • Wozair Ltd • Daikin Industries Ltd • Systemair Ltd
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Offshore Air Handling Units Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Offshore Air Handling Units Market 3.4. Geographical Snapshot of the Offshore Air Handling Units Market, By Manufacturer share 4. Global Offshore Air Handling Units Market Overview, 2020-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Offshore Air Handling Units Market 5. Supply Side and Demand Side Indicators 6. Global Offshore Air Handling Units Market Analysis and Forecast, 2020-2027 6.1. Global Offshore Air Handling Units Market Size & Y-o-Y Growth Analysis. 7. Global Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 7.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 7.1.1. Single effect 7.1.2. Double effect 7.1.3. Triple effect 7.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 7.2.1. Cruise Ships & Yachts Industry 7.2.2. Offshore Ship Building & Allied Industries 7.2.3. Offshore Oil & Gas Industry 8. Global Offshore Air Handling Units Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2020-2027 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 9.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 9.1.1. Single effect 9.1.2. Double effect 9.1.3. Triple effect 9.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 9.2.1. Cruise Ships & Yachts Industry 9.2.2. Offshore Ship Building & Allied Industries 9.2.3. Offshore Oil & Gas Industry 10. North America Offshore Air Handling Units Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 11.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 11.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 12. Canada Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 12.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 12.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 13. Mexico Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 13.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 13.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 14. Europe Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 14.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 14.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 15. Europe Offshore Air Handling Units Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 16.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 16.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 17. France Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 17.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 17.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 18. Germany Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 18.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 18.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 19. Italy Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 19.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 19.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 20. Spain Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 20.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 20.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 21. Sweden Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 21.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 21.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 22. CIS Countries Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 22.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 22.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 23. Rest of Europe Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 23.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 23.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 24. Asia Pacific Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 24.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 24.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 25. Asia Pacific Offshore Air Handling Units Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2020-2027 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 26.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 26.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 27. India Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 27.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 27.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 28. Japan Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 28.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 28.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 29. South Korea Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 29.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 29.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 30. Australia Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 30.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 30.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 31. ASEAN Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 31.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 31.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 32. Rest of Asia Pacific Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 32.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 32.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 33. Middle East Africa Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 33.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 33.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 34. Middle East Africa Offshore Air Handling Units Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 35.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 35.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 36. GCC Countries Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 36.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 36.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 37. Egypt Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 37.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 37.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 38. Nigeria Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 38.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 38.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 39. Rest of ME&A Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 39.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 39.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 40. South America Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 40.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 40.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 41. South America Offshore Air Handling Units Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2020-2027 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 42.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 42.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 43. Argentina Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 43.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 43.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 44. Rest of South America Offshore Air Handling Units Market Analysis and Forecasts, 2020-2027 44.1. Market Size (Value) Estimates & Forecast By Effect, 2020-2027 44.2. Market Size (Value) Estimates & Forecast By Application, 2020-2027 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Offshore Air Handling Units Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. Trane, Inc 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Johnson Controls 45.5. Trane, Inc 45.6. Broad Air Conditioning Co. Ltd 45.7. Hitachi Appliances, Inc 45.8. Carrier Corporation 45.9. Thermax, Inc 45.10. Robur Corporation 45.11. Century Corporation 45.12. Yazaki Energy Systems Inc 45.13. EAW Energieanlagenbau GmbH 45.14. LG Air Conditioning (Shandong) Co. Ltd 45.15. Novenco A/S 45.16. Heinen&Hopman Engineering 45.17. Wozair Ltd 46. Primary Key Insights