The Dedicated Outdoor Air System Market is anticipated at USD 4.8 billion by 2024. The market valuation is estimated to be USD 11.4 billion by 2034, registering a promising CAGR of 9%.
The market refers to the industry involved in the manufacturing, distributing, and installing systems designed to provide fresh air to the interior of the building while maintaining optimal temperature and humidity levels.
DOAS typically consists of air handling units, ventilation fans, heating and cooling coils, and filtration systems. These systems are crucial for improving indoor air quality, enhancing occupant comfort, and meeting building codes and standards for ventilation.
Factors driving the growth of the market include increasing awareness of indoor air quality, stringent regulations related to energy efficiency and environmental sustainability, and the rising demand for green building technologies.
Technological advancements, such as integrating smart controls and sensors, further propel market expansion by offering enhanced performance and energy-saving capabilities.
Key Market Trends and Highlights
| Attributes | Key Insights |
|---|---|
| Market Estimated Size in 2024 | USD 4.8 billion |
| Projected Market Size in 2034 | USD 11.4 billion |
| Value-based CAGR from 2024 to 2034 | 9% |
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The scope for global dedicated outdoor air system market insights expanded at a 12.3% CAGR between 2019 and 2023. The market is anticipated to develop at a CAGR of 9% over the forecast period from 2024 to 2034.
| Historical CAGR from 2019 to 2023 | 12.3% |
|---|---|
| Forecast CAGR from 2024 to 2034 | 9% |
Between 2019 and 2023, the global market experienced robust growth, expanding at a CAGR of 12.3%. This growth was driven by increasing awareness of indoor air quality, stringent regulations promoting energy efficiency, and the rising demand for green building technologies. However, over the forecast period from 2024 to 2034, the market is expected to develop at a slightly lower CAGR of 9%.
The anticipated growth rate reflects continued demand for dedicated outdoor air systems but at a slightly moderated pace compared to the previous years. Factors influencing this forecast include market saturation in some regions, slower economic growth in certain sectors, and potential shifts in regulatory priorities.
Advancements in technology, ongoing urbanization, and increasing emphasis on occupant well-being are expected to sustain growth in the market throughout the forecast period.
| Attributes | Details |
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The table displays the CAGRs for five key countries: the United States, Japan, China, the United Kingdom, and South Korea. Among these countries, South Korea emerges as a particularly dynamic market, projected to attain an impressive 11.5% CAGR by 2034.
Known for its commitment to innovation, South Korea occupies a significant position across various industries, showcasing a thriving economic landscape marked by continual advancements.
| Countries | CAGRs from 2024 to 2034 |
|---|---|
| The United States | 9.2% |
| Japan | 10.4% |
| China | 9.7% |
| The United Kingdom | 10.1% |
| South Korea | 11.5% |
The widespread adoption of DOAS in the United States can be attributed to several factors. Stringent regulations and building codes emphasizing indoor air quality and energy efficiency drive the demand for DOAS solutions.
The diverse climate conditions, ranging from extreme cold to high humidity in some regions, necessitate robust ventilation systems like DOAS to maintain optimal indoor conditions. The presence of a mature HVAC industry and a strong focus on sustainable building practices further propels the usage of DOAS in the United States.
In Japan, where urbanization and space constraints are prevalent, DOAS offers an efficient solution for providing fresh air without compromising interior space.
The strong commitment to environmental sustainability and technological innovation aligns well with the benefits of DOAS regarding energy efficiency and air quality improvement. The focus on high-tech solutions and advanced building practices also contributes to the widespread adoption of DOAS.
Rapid urbanization and industrialization in China have increased concerns about air pollution and indoor air quality. As a result, there is a growing demand for ventilation systems like DOAS that can effectively mitigate indoor air contaminants while ensuring energy efficiency.
The emphasis on green building initiatives and efforts to combat air pollution further drive the adoption of DOAS in commercial and residential buildings nationwide.
In the United Kingdom, where energy efficiency and environmental sustainability are key priorities, DOAS systems are favored for providing fresh air while minimizing energy consumption.
The stringent building regulations and focus on reducing carbon emissions create a conducive environment for adopting DOAS technologies. The temperate climate and varying weather conditions of the country make efficient ventilation systems like DOAS essential for indoor comfort and air quality.
In South Korea, renowned for its technological advancements and commitment to innovation, DOAS is widely embraced as a solution to enhance indoor air quality and energy efficiency.
The dense urban areas and high-rise buildings of the country necessitate effective ventilation systems to ensure occupant comfort and well-being. The strong emphasis on smart building technologies and sustainable development further drives the adoption of DOAS across residential, commercial, and institutional sectors.
The table below provides an overview of the DOAS landscape on the basis of capacity and requirements. 20-40 tons are projected to lead the capacity market at an 8.7% CAGR by 2034, while heating in the requirement category is likely to expand at 8.5% CAGR by 2034.
One driver for 20-40 tons leading the capacity market is the increasing demand for medium to large-scale commercial and industrial buildings, which require robust HVAC systems to maintain optimal indoor climate conditions.
One driver for heating leading in the requirement category is effective heating solutions, especially in regions with cold climates, to ensure occupant comfort and comply with building codes and standards related to indoor temperature regulation.
| Category | CAGR by 2034 |
|---|---|
| 20-40 tons | 8.7% |
| Heating | 8.5% |
The segment encompassing capacities ranging from 20 to 40 tons is anticipated to take the lead, exhibiting a robust CAGR of 8.7% by 2034. This trajectory underscores a notable preference for medium-sized DOAS across various industries and applications.
Such systems are often well-suited for mid-sized commercial buildings, industrial facilities, and institutional settings, where there is a demand for efficient ventilation solutions capable of catering to moderate to large indoor spaces.
Heating emerges as a pivotal category poised for substantial expansion, with an anticipated CAGR of 8.5% by 2034. This growth trajectory reflects an increasing emphasis on addressing heating needs within the context of DOAS installations.
Integrating heating functionalities within DOAS systems becomes increasingly indispensable as stakeholders prioritize comprehensive indoor climate control solutions.
The trend is particularly pronounced in regions characterized by diverse climate conditions, where the ability to provide both ventilation and heating functionalities in a single, integrated system offers operational efficiency and enhanced occupant comfort.
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In the competitive landscape of the DOAS market, several key players vie for market share and dominance. These companies range from established HVAC manufacturers to specialized DOAS solution providers. Technological innovation, product quality, pricing strategies, distribution networks, and customer service characterize competition in this market.
Major players in the DOAS market often offer a wide range of products and solutions catering to various building types and sizes. They invest significantly in research and development to introduce advanced features such as smart controls, energy-efficient components, and integration with building automation systems.
The companies frequently engage in strategic partnerships and collaborations with other industry stakeholders, including architects, engineers, and contractors, to expand their market presence and offer comprehensive solutions.
Key Market Developments
| Attributes | Details |
|---|---|
| Estimated Market Size in 2024 | USD 4.8 billion |
| Projected Market Valuation in 2034 | USD 11.4 billion |
| CAGR Share from 2024 to 2034 | 9% |
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2019 to 2023 |
| Market Analysis | Value in USD billion |
| Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East and Africa |
| Key Market Segments Covered | By Capacity, By Requirement, By Implementation Type, By Vertical, By Region |
| Key Countries Profiled | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel |
| Key Companies Profiled | Johnson Controls International PLC; Carrier Global Corporation; Daikin Industries Ltd.; Trane Technologies PLC; LG Electronics, Inc. (LG Corporation); Samsung Electronics Ltd. (Samsung Group); Greenheck Fan Corporation; Nortek Global HVAC LLC (Nortek); Ingersoll Rand Inc.; Mitsubishi Electric Corporation |
By 2024, the dedicated outdoor air system (DOAS) landscape is anticipated to be valued at USD 4.8 billion.
The dedicated outdoor air system market is projected to flourish at a CAGR of 9% from 2024 to 2034.
By 2034, the market for dedicated outdoor air system is expected to generate USD 11.4 billion in value terms.
By capacity, 20-40 tons DOAS are likely to be preferred, expanding at an 8.7% CAGR by 2034.
With a CAGR of 8.5%, DOAS for heating are expected to be highly demanded from 2024 to 2034.
1. Executive Summary
2. Market Overview
3. Market Background
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Capacity
5.1. 20-40 Tons
5.2. Less Than 20 Tons
5.3. 40-60 Tons
5.4. Greater Than 60 Tons
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Requirement
6.1. Heating
6.2. Ventilation
6.3. Cooling
6.4. Dehumidification
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Implementation Type
7.1. New Construction
7.2. Retrofit
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Vertical
8.1. Commercial
8.2. Residential
8.3. Industrial
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
9.1. North America
9.2. Latin America
9.3. Western Europe
9.4. Eastern Europe
9.5. South Asia and Pacific
9.6. East Asia
9.7. Middle East and Africa
10. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
16. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
17. Key Countries Market Analysis
18. Market Structure Analysis
19. Competition Analysis
19.1. Johnson Controls International PLC
19.2. Carrier Global Corporation
19.3. Daikin Industries, Ltd.
19.4. Trane Technologies PLC
19.5. LG Electronics, Inc. (LG Corporation)
19.6. Samsung Electronics Ltd. (Samsung Group)
19.7. Greenheck Fan Corporation
19.8. Nortek Global HVAC LLC (Nortek)
19.9. Ingersoll Rand, Inc.
19.10. Mitsubishi Electric Corporation
20. Assumptions & Acronyms Used
21. Research Methodology
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Dedicated Outdoor Air System (DOAS) Market
