The European air handling systems market is being driven by rising demand for energy-efficient systems, a focus on indoor air quality, IoT integration, an emphasis on green building certifications, and rising demand for modular solutions. The adoption of hybrid air handling systems, which are particularly popular in retrofit applications where space is limited, is also a key driving force in the expansion of the air handling systems market in Europe.
The value of the European air handling systems market was estimated to be USD 25.12 billion in 2022, and it is expected to grow at a cumulative annual growth rate (CAGR) of about 2.7 per cent between 2022 and 2027. The market is changing substantially as more IoT technology is being integrated into Heating, Ventilation, and Air-Conditioning (HVAC) products, making them more innovative and accessible. The total expenditure on air handling systems in Europe since the end of the last decade is expected to reach USD 14.8 trillion by 2040, thereby opening up a sizable market for successful companies in the sector.
This edition of Construction Tech Review brings under the spotlight some of the most significant developments in the sector. It features EarthSense, a dynamic company that provides expert environmental assessment and modelling of air pollution data to meet the needs of the growing air quality monitoring market. The goal of EarthSense is to provide the most comprehensive global air quality data while demonstrating current exposure and providing meaningful future forecasts.
It also features inBiot, an intelligent B2B solutions provider for monitoring and improving Indoor Air Quality (IAQ). Its solution is intended to have a direct impact on the well-being and productivity of occupants in monitored spaces, as well as to save energy by automatically controlling HVAC systems based on real-time parameters of the monitored interior spaces.
The magazine also includes insightful opinions from Tassilo Deinzer, Member of the Executive Board, Hilti Group and Timo Ranne, International Business Development Director, Granlund. They share some valuable thoughts about the functioning and development of the air handling systems market in Europe. We hope this edition will provide you with assistance in choosing the right air quality solution providers in the UK according to your requirements.
