The global DOAS market size is expected to reach USD 8,555.81 million by 2032, according to a new study by Polaris Market Research. The report “Dedicated Outdoor Air Systems (DOAS) Market Share, Size, Trends, Industry Analysis Report, By Capacity (Less Than 20 Tons, 20-40 Tons, 40-60 Tons, and Greater Than 60 Tons); By Implementation Type; By Requirement; By Vertical; By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Growing consumer awareness regarding the benefits of DOAS, including environment and cost-related, mainly in emerging and underdeveloped countries, along with the continuously rising construction activities, increasing global population, and change in climatic conditions, are among the major factors boosting demand and growth of the worldwide market.
In addition, increasing innovations and adoption of various advanced and innovative techniques in the construction industry and manufacturing sectors across the globe, which key market players have developed, are also projected to create huge growth opportunities in the market over the coming years. For instance, in July 2022, LG introduced a ventilation system with a HEPA filter, an in-built CO2 sensor, & UV-C technology. The system leads to carbon emission reductions, reduced energy consumption, and taking indoor air quality in the residential environment.
Have Questions? Request a sample or make an Inquiry before buying this report by clicking the link below: https://www.polarismarketresearch.com/industry-analysis/dedicated-outdoor-air-systems-doas-market/request-for-sample
The increasing proliferation of commercial buildings that require outside air whenever space is being occupied with meeting ventilation standards and maintaining indoor air quality and the surge in the popularity and traction of DOAS systems for all types of building, such as improved humidity control, capacities to use cooling and heating systems that do not provide de-humidification, & simplified ventilation control and design are also expected to create lucrative demand and adoption of these systems globally.
For instance, in March 2022, The Canadian Infrastructure Bank and Johnson Controls entered into a strategic agreement that committed over CAD 125 million to boost the decarbonization retrofit projects of the private sector across Canada. Under this agreement, the Canadian Infrastructure Bank will focus on commercial, manufacturing and multi-residential buildings leveraged through the Johnson Controls.
Dedicated Outdoor Air Systems (DOAS) Market Report Highlights
Polaris Market Research has segmented the Dedicated Outdoor Air Systems (DOAS) market report based on capacity, implementation type, requirement, vertical, and region:
Dedicated Outdoor Air Systems (DOAS), Capacity Outlook (Revenue - USD Million, 2019 - 2032)
Dedicated Outdoor Air Systems (DOAS), Implementation Type Outlook (Revenue - USD Million, 2019 - 2032)
Dedicated Outdoor Air Systems (DOAS), Requirement Outlook (Revenue - USD Million, 2019 - 2032)
Dedicated Outdoor Air Systems (DOAS), Vertical Outlook (Revenue - USD Million, 2019 - 2032)
Dedicated Outdoor Air Systems (DOAS), Regional Outlook (Revenue - USD Million, 2019 - 2032)