Variable Air Volume Box Market

Variable Air Volume Box Market Size (2023-2028):

The variable air volume (VAV) box market is predicted to expand from USD 5.7 billion in 2022 to reach USD 7.4 billion by 2028, at a compound annual growth rate of about 10.2%.

The growing construction activities, particularly commercial buildings in the developing countries of the Asia Pacific region are driving growth in this market.  Variable Air Volume Box includes important components inside a Variable Air Volume (VAV) system and maintains a balanced airflow as per the zone’s requirement, which helps to reduce energy consumption. The Variable Air Volume terminal unit consists of a damper and control to measure the required airflow as per the temperature level. The Variable Air Volume Box in the major applications includes its usage in residential, commercial, and industrial buildings.

The variable air volume boxes market is driven by factors like the increasing need for energy conservation and an increase in requirement. However, the presence of substitute technologies is hampering this business. The more precise temperature control, reduced compressor wear, lower energy consumption by system fans, less fan noise, and additional passive dehumidification are advantages of Variable Air Volume systems over constant-volume systems.

Drivers & Restraints in the Variable Air Volume Box Market

The variable air volume box market is driven by factors like growth in construction activities worldwide. Therefore, the compact nature of a variable air volume box is prominent to maintain proper airflow in the building. Some of the benefits like low sound, lower energy consumption, and high cost-efficiency are promoting the global variable air volume box business. The benefits have helped in up-scaling its adoption across a wide range of end-use applications.

The rising demand for the variable air volume box is promoted by the growing need for energy-efficient and cost-effective heating and cooling solutions for energy conservation in commercial, industrial, and residential buildings. The Sinro’s low-pressure or medium static pressure, single-duct, or double-duct system are used in variable air volume box. It mainly includes galvanized steel casing and fiberglass heat insulation layer that can be applied to the constant air volume handling unit. The cooling, cooling with reheat, dual-duct, parallel fan, and series fan variable air volume applications are 12-point controllers suitable by HTS's Distech Controls ECL. The whole variable air volume balancing process can be performed by mobile devices with my Air Balancing. It supports the Smart Room Control Solution for a unified power flow controller (UPFC) of Heating, ventilation, air conditioning, lighting, and shades.

VARIABLE AIR VOLUME BOX MARKET REPORT COVERAGE:

Variable Air Volume Box Market Segmentation & Insights until 2028.

Variable Air Volume Box Market - By Type:

• Single-Duct VAV

• Dual-Duct VAV

• Induction VAV

• Fan-Powered VAV

• Series fan-powered VAV

• Parallel Fan-Powered VAV

By type, Single-Duct VAV leads the overall variable air volume Box market. The major factors driving the demand of Single-Duct variable air volume by cost-effectiveness and the ability to control zone temperature by the volumetric flow.

Variable Air Volume Box Market - By Application:

1. Office

2. Warehouse

3. Hospitality

4. Retail

5. Others

Commercial buildings are estimated to be the largest application of variable air volume Box over the conjecture period. Variable air volume box is extensively employed in several commercial buildings like offices, shopping malls, megastructures, convention centers, shopping malls, hospitals, hotels, and others.

Variable Air Volume Box Market - By Region:

• North Amerca
• Europe 
• Asia Pacific 
• Latin America 
• Middle east and Africa

North America is estimated during the outlook period to be the largest variable air volume BOX market. The main markets for variable air volume boxes are the United States, Canada, and Mexico. In North America, the United States is the largest market in the region. The North American market is predicted to be supported by the construction industry and the growing healthcare sector due to the increasing aging population. They contributed to the growth of the variable air volume box market in the region by increasing spending on public and private infrastructure development.

Variable Air Volume Box Market Key Players:

1. Ingersoll Rand PLC (Ireland)

2. Johnson Controls (US)

3. TROX GmbH (Germany)

4. Spectrum Industries (India)

5. United Technologies Corporation (US)

6. Honeywell International Inc. (US)

7. Daikin Industries, Ltd. (Japan)

8. Siemens AG (Germany)

9. Systemair AB (Sweden)

10. Barcol-Air (Switzerland)