Reportstack has announced a new market research report on the Residential Air Handling Unit Market in Western Europe 2015-2019. One major trend emerging in this market is the increase in the aging population, particularly in Western European countries, which increases the demand for HVAC equipment that uses advanced air handling units. Older people are more aware of the repair and maintenance issues related to the systems. This, in turn, is positively affecting the sales of air handling units. The market is expected to grow at a CAGR of 9.74 percent during the forecast period of 2014-2019.
The rise in demand for mini-split room air conditioners in Western European countries, followed by the sale of smaller standard units, is expected to accelerate market growth. Moreover, the performance of the Residential Air Handling Unit market in Western Europe is directly related to the market dynamics of the Construction industry.
“The Residential Air Handling Unit market in Western Europe is adopting green technology to create energy-efficient, eco-friendly equipment,”.
“The advent of hybrid units has led to air handling unit vendors and end-users providing and adopting green technology. HVAC equipment vendors are also developing innovative heating and cooling equipment that requires an increased number of air handling units.”
To define the market conditions in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
To access full report with TOC, please visit Residential Air Handling Unit (AHU) Market in Western Europe 2015-2019.