Market Overview

According to fortune business insights, the global air handling units market size was valued at USD 13.32 billion in 2025. The market is projected to grow from USD 14.21 billion in 2026 to USD 25.66 billion by 2034, exhibiting a CAGR of 7.7% during the forecast period. Asia Pacific dominated the air handling units market with a market share of 44.5% in 2025.

The analysis shows that market growth is driven by rising construction activities, stricter energy efficiency regulations, and heightened awareness about the importance of indoor air quality. For example, in February 2024, Modine acquired Scott Springfield Manufacturing, a leading manufacturer of air handling units, to expand its portfolio. This trend indicates a strong demand for effective indoor air quality management worldwide.

Major Players Profiled in the Market Report:

• Daikin Industries Ltd (Japan)
• Carrier (U.S.)
• Trane Technologies Plc (Ireland)
• Johnson Controls International Plc (Ireland)
• Systemair AB (Sweden)
• LG Electronics (South Korea)
• Lennox International Inc (U.S.)
• Munters AB (Sweden)
• Investment AB Latour (Publ) (Swegon Group AB) (Sweden)
• Trox GmbH (Germany)
• Blue Star Limited (India)
• Flakt Woods Group (Sweden)
• Hitachi, Ltd (Japan)
• Zehnder Group International AG (Switzerland)
• Voltas Limited (India)
• VTS Group (Luxembourg)