Air Volume Controllers Market Analysis | Coherent Market Insights

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2. Air Volume Controllers MarketAnalysis(2019 - 2027) • Air volume controllers are the devices installed in ventilation ducts. These devices are used for the purpose of indoor climate processing, air flow adjustment, and shut-off. Air volume controllers are of two types, constant air volume controller (CAV) and variable air volume controller (VAV). The variable air volume controller supplies variable air flow at constant temperature, and constant air volume controllers supply constant air flow at variable temperatures. Variable air volume controllers have more advantages than constant air volume controllers such as less fan noise, precise temperature control, reduced compressor wear, lower energy consumption by system fans and increased dehumidification. VAV systems are one of the most modern energy efficient air systems available for comfort air conditioning.

3. Furthermore, air volume controllers are used in schools, offices & nurseries, shops, hotels, industries and healthcare premises. • CAV controllers are of two types; single-zone and multi-zone. The load variation in single-zone applications experiences minimal change over time, therefore, CAV controllers are preferred and used in theaters, auditoriums and museums. • Multi-zone CAV controllers are required for providing variable air temperatures for individual zones. These zones require duct heating, therefore, the energy efficiency is less for multi-zone CAV controllers. Moreover, VAV is recommended for multi-zone systems. Dual duct VAV controllers have separate ducts for cold and hot air. Each zone has a plenum where their airflow is mixed. Multi-zone types have VAV boxes, which control the airflow supplied to individual zones. VAV systems achieve their full potential in applications such as hotels, malls and office buildings etc. where there are multiple zones with variable loads.

4. High requirement from industrial buildings to save energy and reduce cost is driving demand for air volume controllerss • The global air volume controllers market is projected to experience significant growth during the forecast period owing to high requirements of air volume controllers from industrial buildings to reduce cost and save energy. • These air volume controllers intelligently match the energy generation requirements with distribution & usage and are used with monitoring tools, such as smart thermostats. Future and past energy consumption data can be analyzed with the help of smart thermostat devices. Such innovations are projected to spur the growth of the global air volume controllers market. However, high maintenance & installation costs and unavailability of spare parts are some of the factors that are expected to hinder the growth of the global air volume controllers market during forecast period.

5. Global Air Volume Controllers Market Taxonomy: • On the basis of Type, the global air volume controllers market is segmented into: • Variable Air Volume (VAV) Controller • Single-Zone VAV • Multiple-Zone VAV • Constant Air Volume (CAV) Controller

6. On the basis of Application, the global air volume controllers market segmented into: • Residential • Commercial • Industrial

7. On the basis of Region, the global air volume controllers market is segmented into: • North America • Europe • Asia Pacific • Latin America • Middle East • Africa

8. Global Air Volume Controllers Market Regional Insight: • On the basis of region, the air volume controllers market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. North America is expected to dominate the market owing to its increasing demand for air volume controllers in the construction industry with includes application in residential buildings, commercial buildings, and industrial buildings. High per capita income, high standard of living, huge customer base and huge migration rate due to industrial developments are propelling growth of commercial and residential infrastructure in this region. These factors are expected to drive growth of the global air volume controllers market over the forecast period.

9. Moreover, according to data published by the International Energy Agency (IEA), Paris-based autonomous intergovernmental organization, in China, one in three houses in China uses air conditioners. Rising disposable income in emerging economies such as Indonesia, India, Brazil, and Mexico is another factor that is expected to drive demand for air volume controllers. The prominent market players are focused on maintaining a competitive edge in the market and meeting consumer-demand through strategic collaborations and partnerships. For instance, in February 2019, Panasonic and Systemair signed a partnership for the development of integrated HVAC solutions. This partnership focuses on solutions for integrated

10. Global Air Volume Controllers Market Competitive Background: • Key players in the global air volume controllers market are Acuity Brands Lighting, Inc., Emerson Electric Co., Johnson Controls, KMC Controls, Lennox International Inc., Schneider Electric, Siemens, Systemair AB, Vemco Inc., Merrill Manufacturing, and Trane among others.

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