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Dedicated Outdoor Air System (DOAS) Market Trends and Forecast

The future of the global dedicated outdoor air system (DOAS) market looks promising with opportunities in the commercial, residential, and industrial markets. The global dedicated outdoor air system (DOAS) market is expected to reach an estimated $5.8 billion by 2028 with a CAGR of 8.70% from 2023 to 2028. The major drivers for this market are growing adoption of DOAS for residential and commercial applications, increasing government regulations for HVAC equipment leading to heightened demand for dedicated outdoor air system, and rising awareness towards improvement of indoor air and environment quality across the globe.
 
Dedicated Outdoor Air System (DOAS) Market

A more than 150-page report is developed to help in your business decisions.  Sample figures with some insights are shown below. 
 
Dedicated Outdoor Air System (DOAS) Market by Segments

Dedicated Outdoor Air System (DOAS) Market by Segment

The study includes a forecast for the global dedicated outdoor air system (DOAS) market by capacity, application, and region, as follows:

Dedicated Outdoor Air System (DOAS) Market by Capacity [Shipment Analysis by Value from 2017 to 2028]:

  • Less Than 20 Tons
  • 20–40 Tons
  • 40–60 Tons
  • Greater Than 60 Tons

Dedicated Outdoor Air System (DOAS) Market by Application [Shipment Analysis by Value from 2017 to 2028]:

  • Commercial
  • Residential
  • Industrial

Dedicated Outdoor Air System (DOAS) Market by Region [Shipment Analysis by Value from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Dedicated Outdoor Air System (DOAS) Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies dedicated outdoor air system (DOAS) companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the dedicated outdoor air system (DOAS) companies profiled in this report include: 
  • Johnson Controls
  • Daikin Industries
  • LG Electronics
  • Samsung Electronics
  • Greenheck Fan

Dedicated Outdoor Air System (DOAS) Market Insights

  • Lucintel forecasts that 40–60 ton is expected the highest growing segment over the forecast period due to its increasing application in industrial and commercial buildings as these system delivers exceptional efficiency and 100% outside air proficiency while reducing the outdoor airflow by conditioning just the quantity of air required for each zone.
  • Commercial segment will remain the largest segment because these air handling systems helps in heating as well as cooling interior air within commercial settings and also ensures in providing improved air quality in commercial buildings.
  • North America will remain the largest region over the forecast period due to the rising need for energy efficiency and enhanced indoor air quality, increasing number of businesses, medical facilities, as well as commercial spaces, and growing demand from residential and commercial buildings in the region.

Features of the Dedicated Outdoor Air System (DOAS) Market

  • Market Size Estimates: Dedicated outdoor air system (DOAS) market size estimation in terms of value ($B)
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Dedicated outdoor air system (DOAS) market size by various segments, such as by capacity, application, and region
  • Regional Analysis: Dedicated outdoor air system (DOAS) market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by capacity, application, and regions for the dedicated outdoor air system (DOAS) market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the dedicated outdoor air system (DOAS) market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the dedicated outdoor air system (DOAS) market size?
Answer: The global dedicated outdoor air system (DOAS) market is expected to reach an estimated $5.8 billion by 2028.
Q2. What is the growth forecast for dedicated outdoor air system (DOAS) market?
Answer: The global dedicated outdoor air system (DOAS) market is expected to grow with a CAGR of 8.70% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the dedicated outdoor air system (DOAS) market?
Answer: The major drivers for this market are growing adoption of DOAS for residential and commercial applications, increasing government regulations for HVAC equipment leading to heightened demand for dedicated outdoor air system, and rising awareness towards improvement of indoor air and environment quality across the globe.
Q4. What are the major segments for Dedicated Outdoor Air System (DOAS) market?
Answer: The future of the global dedicated outdoor air system (DOAS) market looks promising with opportunities in the commercial, residential, and industrial markets.
Q5. Who are the key dedicated outdoor air system (DOAS) companies?
Answer: Some of the key dedicated outdoor air system (DOAS) companies are as follows:
  • Johnson Controls
  • Daikin Industries
  • LG Electronics
  • Samsung Electronics
  • Greenheck Fan
Q6. Which dedicated outdoor air system (DOAS) segment will be the largest in future?
Answer: Lucintel forecasts that 40–60 ton is expected the highest growing segment over the forecast period due to its increasing application in industrial and commercial buildings as these system delivers exceptional efficiency and 100% outside air proficiency while reducing the outdoor airflow by conditioning just the quantity of air required for each zone.
Q7. In dedicated outdoor air system (DOAS) market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the rising need for energy efficiency and enhanced indoor air quality, increasing number of businesses, medical facilities, as well as commercial spaces, and growing demand from residential and commercial buildings in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
 

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the global dedicated outdoor air system (DOAS) market by capacity (less than 20 tons, 20–40 tons, 40–60 tons, and greater than 60 tons), application (commercial, residential, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to dedicated outdoor air system (DOAS) market or related to dedicated outdoor air system (DOAS)  companies, dedicated outdoor air system (DOAS) market size, dedicated outdoor air system (DOAS) market share, dedicated outdoor air system (DOAS) analysis, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.

Table of Contents
 
1. Executive Summary

2. Global Dedicated Outdoor Air System (DOAS) Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges 

3. Market Trends and Forecast Analysis from 2017 to 2028
3.1. Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2. Global Dedicated Outdoor Air System (DOAS) Market Trends (2017-2022) and Forecast (2023-2028)
3.3:  Global Dedicated Outdoor Air System (DOAS) Market by Capacity
3.3.1 Less than 20 Tons
3.3.2 20–40 Tons
3.3.3 40–60 Tons
3.3.4 Greater than 60 Tons
3.4 Global Dedicated Outdoor Air System (DOAS) Market by Application
3.4.1 Commercial
3.4.2 Residential
3.4.3 Industrial

4. Market Trends and Forecast Analysis by Region from 2017 to 2028 
4.1: Global Dedicated Outdoor Air System (DOAS) Market by Region
4.2: North American Dedicated Outdoor Air System (DOAS) Market 
4.2.1: North American Dedicated Outdoor Air System (DOAS) Market by Capacity: Less than 20 Tons, 20–40 Tons, 40–60 Tons, and Greater Than 60 Tons
4.2.2: North American Dedicated Outdoor Air System (DOAS) Market by Application: Commercial, Residential, and Industrial
4.3: European Dedicated Outdoor Air System (DOAS) Market  
4.3.1: European Dedicated Outdoor Air System (DOAS) Market by Capacity: Less than 20 Tons, 20–40 Tons, 40–60 Tons, and Greater Than 60 Tons
4.3.2: European Dedicated Outdoor Air System (DOAS) Market by Application: Commercial, Residential, and Industrial
4.4: APAC Dedicated Outdoor Air System (DOAS) Market  
4.4.1: APAC Dedicated Outdoor Air System (DOAS) Market by Capacity: Less than 20 Tons, 20–40 Tons, 40–60 Tons, and Greater Than 60 Tons
4.4.2: APAC Dedicated Outdoor Air System (DOAS) Market by Application: Commercial, Residential, and Industrial
4.5: ROW Dedicated Outdoor Air System (DOAS) Market  
4.5.1: ROW Dedicated Outdoor Air System (DOAS) Market by Capacity: Less than 20 Tons, 20–40 Tons, 40–60 Tons, and Greater Than 60 Tons
4.5.2: ROW Dedicated Outdoor Air System (DOAS) Market by Application: Commercial, Residential, and Industrial 

5. Competitor Analysis  
5.1: Product Portfolio Analysis  
5.2: Operational Integration  
5.3: Porter’s Five Forces Analysis   

6. Growth Opportunities and Strategic Analysis  
6.1: Growth Opportunity Analysis   
6.1.1: Growth Opportunities for the Global Dedicated Outdoor Air System (DOAS) Market by Capacity
6.1.2: Growth Opportunities for the Global Dedicated Outdoor Air System (DOAS) Market by Application 
6.1.3: Growth Opportunities for the Global Dedicated Outdoor Air System (DOAS) Market Region
6.2: Emerging Trends in the Global Dedicated Outdoor Air System (DOAS) Market   
6.3: Strategic Analysis   
6.3.1: New Product Development   
6.3.2: Capacity Expansion of the Global Dedicated Outdoor Air System (DOAS) Market   
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Dedicated Outdoor Air System (DOAS) Market   
6.3.4: Certification and Licensing   

7. Company Profiles of Leading Players  
7.1 Johnson Controls
7.2 Daikin Industries
7.3 LG Electronics
7.4 Samsung Electronics
7.5 Greenheck Fan
 
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
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  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
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