Dublin, May 10, 2019 (GLOBE NEWSWIRE) -- The "Dedicated Outdoor Air System Market by Capacity (Less than 20, 20-40, 40-60, &greater than 60), Implementation Type (New Construction, Retrofit), Vertical (Commercial, residential, & Industrial), Requirement, and Geography - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The DOAS market was valued at USD 3.38 billion in 2018 and is projected to reach USD 5.43 billion by 2024; it is expected to grow at a CAGR of 8.0% from 2019 to 2024.
A dedicated outdoor air system (DOAS) is an HVAC unit that is installed outside a building and is often used along with other HVAC equipment. DOAS units circulate fresh outside air into the building independent of heating or cooling efforts. In this design, a central, dedicated outdoor air unit is used to dehumidify and improve the outdoor air to meet both latent-cooling load and ventilation requirements for all spaces served by the system.
Major factors driving the growth of the DOAS market are increasing adoption of DOAS for various verticals, and growing government regulations and policies for energy saving. Growing demand for energy-efficient DOAS systems for new construction and retrofit site is expected to create significant growth opportunities for players in the DOAS market during the forecast period.
Johnson Controls (US), United Technologies (US), Greenhack Fan (US), Daikin (Japan), Nortek (US), Ingersoll Rand (Ireland), Hitachi (Japan), LG Electronics (South Korea), SEMCO (US), and Samsung Elelctronics (South Korea) are the major players in the DOAS market. The report also includes the profiles of companies such as Rupp Air (US), Addison (US), Desert Aire (US), Desiccant Rotors International (US), and Ventacity System (US).
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 DOAS Market (2019-2024)
4.2 DOAS Market, By Implementation Type
4.3 DOAS Market, By Vertical and Country
4.4 DOAS Market Geographic Snapshot
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Government Regulations and Policies for Energy Saving to Boost Demand for DOAS
5.2.1.2 Increasing Adoption of DOAS for Residential and Commercial Applications
5.2.2 Restraints
5.2.2.1 Lack of Awareness About Benefits of DOAS
5.2.3 Opportunities
5.2.3.1 Growing Demand for Energy-Efficient DOAS for New Construction & Retrofit
5.2.3.2 Increasing Construction Activities Would Boost Adoption of DOAS
5.2.4 Challenges
5.2.4.1 Complexity in Implementation of DOAS System
6 DOAS Market, By Capacity
6.1 Introduction
6.2 20-40 Ton
6.2.1 20-40 Ton to Account for Largest Share of DOAS Market
6.3 Less Than 20 Ton
6.3.1 Demand for 20 Ton to Increase Rapidly for Residential Application During Forecast Period
6.4 40-60 Ton
6.4.1 40-60 Ton to Lead Commercial DOAS Market During Forecast Period
6.5 Greater Than 60 Ton
6.5.1 Greater Than 60 Ton to Grow at Highest CAGR During Forecast Period
7 DOAS Market, By Implementation Type
7.1 Introduction
7.2 New Construction
7.2.1 New Construction to Account for Largest Share of DOAS Market
7.3 Retrofit
7.3.1 Retrofit to Witness Highest CAGR for Residential DOAS Market During Forecast Period
8 DOAS Market, By Requirement
8.1 Introduction
8.2 Heating
8.2.1 Heating Requirement to Dominate Commercial DOAS Market During Forecast Period
8.3 Cooling
8.3.1 Cooling Requirement to Witness High Growth for Residential DOAS Market During Forecast Period
8.4 Ventilation
8.4.1 Ventilation DOAS Market to Witness High Growth During Forecast Period
8.5 Dehumidification
8.5.1 Dehumidification to Lead Commercial DOAS Market
9 DOAS Market, By Vertical
9.1 Introduction
9.2 Commercial
9.2.1 Commercial to Account for Largest Share of DOAS Market
9.3 Residential
9.3.1 New Construction to Lead Residential DOAS Market
9.4 Industrial
9.4.1 Ventilation Requirement to Capture Considerably Large Share of Industrial DOAS Market
10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Commercial DOAS Market to Witness High Growth in US
10.2.2 Canada
10.2.2.1 DOAS to Witness High Growth in Canada for Commercial Applications
10.2.3 Mexico
10.2.3.1 Commercial DOAS Market to Hold Largest Size in Mexico
10.3 Europe
10.3.1 Germany
10.3.1.1 Germany to Lead DOAS Market in Europe During Forecast Period
10.3.2 UK
10.3.2.1 UK to Witness High Growth Rate in European DOAS Market During Forecast Period
10.3.3 France
10.3.3.1 Increasing Use of DOAS in France to Create Significant Demand for Commercial Applications for DOAS Market During Forecast Period
10.3.4 Italy
10.3.4.1 Italy to Witness Increasing Demand for DOAS for Commercial Applications During Forecast Period
10.3.5 Rest of Europe
10.3.5.1 DOAS Market for Commercial Applications to Lead in Rest of Europe During Forecast Period
10.4 APAC
10.4.1 China
10.4.1.1 China to Witness Rapid Growth in Global DOAS Market
10.4.2 Japan
10.4.2.1 Japan Accounts High Demand for DOAS in Commercial Applications During Forecast Period
10.4.3 India
10.4.3.1 India to Account Largest Size for Commercial DOAS Market During Forecast Period
10.4.4 South Korea
10.4.4.1 Commercial Applications to Lead DOAS Market in South Korea During Forecast Period
10.4.5 Rest of APAC
10.4.5.1 Commercial and Residential Applications to Boost DOAS Market in Rest of APAC
10.5 RoW
10.5.1 South & Central America
10.5.1.1 Commercial Application is Major Segment in DOAS Market in South & Central America
10.5.2 Middle East & Africa
10.5.2.1 Middle East & Africa to Witness Increasing Demand for DOAS During Forecast Period
11 Competitive Landscape
11.1 Introduction
11.2 Market Player Ranking Analysis
11.3 Competitive Leadership Mapping
11.4 Competitive Benchmarking
11.5 Competitive Scenario
11.6 Competitive Situations & Trends
12 Company Profiles
12.1 Key Players
12.1.1 Johnson Controls International
12.1.2 United Technologies Corp.
12.1.3 Greenheck Fan Corporation
12.1.4 Daikin Industries Ltd.
12.1.5 Nortek, Inc.
12.1.6 Ingersoll Rand PLC
12.1.7 Mitsubishi Electric
12.1.8 LG Electronics
12.1.9 SEMCO, LLC
12.1.10 Samsung Electronics Co., Ltd.
12.2 Other Key Companies
12.2.1 Rupp Air Management Systems
12.2.2 Addison
12.2.3 Desert Aire LLC.
12.2.4 Desiccant Rotors International, Inc. (DRI)
12.2.5 Ventacity Systems Inc.
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