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United States DOAS Market Size is to Reach USD 2,708.1 Million by 2034, With an 8.2% CAGR | Future Market Insights, Inc.

North America is one of the leading regions in the dedicated outdoor air system (DOAS) market as countries such as the US and Canada drive the growth for DOAS in this region. There is a high demand for DOAS in retail, hospital, and office applications in North America as this region homes many enterprises, medical facilities, and commercial spaces where a massive number of DOAS are required.

NEWARK, DE / ACCESSWIRE / August 29, 2024 / The United States dedicated outdoor air system (DOAS) industry is expected to surge to USD 2,708.1 million in 2034. Sales are likely to rise at a CAGR of 8.2% in the forecast period 2024 to 2034. The industry is estimated to reach a valuation of about USD 1,236.5 million in 2024.

The vast geographical range across the Western United States plays a key role in increasing the need for advanced HVAC systems such as DOAS. This is because the area spans from dry desert expanses to temperate coastal lands, thereby requiring climate control structures that can adapt to a wide range of environmental situations. This has made DOAS an attractive option among homeowners and companies due to its versatility and efficiency.

Strict environmental regulations that exist within the Western United States act as drivers of DOAS adoption. In order to reduce emissions while improving energy usage, state and local governments have enacted stringent building codes and green standards. It is in this regulatory environment that the system emerges as one that is compliant with all regulations as well as eco-friendly terms.

Demand for DOAS is further encouraged by the exponential growth of urban centers in the Western United States. In Los Angeles, San Francisco, and Seattle, there has been an influx of people as well as commercial development that calls for HVAC solutions to accommodate expanding infrastructure. DOAS, known for its scalability and dependability, has become the keystone of contemporary buildings aimed at ensuring optimum indoor air quality and enhanced occupant comfort amid city growth.

DOAS adoption across the West Coast reflects the ethos of sustainability. Every industry led by a unified thinking on environmental stewardship leans toward green building practices and energy-efficient technologies. In this regard, Dedicated Outdoor Air System stands out as a crucial component within sustainable designs, thereby saving more energy.

Key Takeaways from the United States DOAS Industry:

  • West United States is set to hold around 35.2% of the share in 2034.

  • Sales of DOAS in the United States grew at a CAGR of 3.1% between 2019 and 2023.

  • Sales of DOAS in California are projected to soar at a CAGR of around 7.8% during the assessment period.

  • Based on capacity, the 40 to 60-ton segment is anticipated to exhibit a CAGR of 8.2% during the forecast period.

  • By end-use, the commercial category will likely rise at a 7.9% CAGR between 2024 and 2034.

"Facility managers and customers are set to look for DOAS product offerings that would be able to provide comprehensive performance analysis and predictive maintenance functions. Norms regulating energy consumption patterns to enhance air quality are likely to push demand," opines Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).

Competitive Landscape

Tier I players account for around 40 to 44% of the United States DOAS industry. These include Johnson Controls, Modine Manufacturing, Lennox International, Carrier U.S. Corporation, AAON, Munters Corporation, Trane Technologies, and Daikin Industries.

Tier II players include Desert Aire, Greenheck Fan Corporation, RenewAire, Nortek Air Solutions, DRI Innovative Solution, and FlaktGroup SEMCO. Other regional and local players are expected to hold 56 to 60% of the share.

For instance,

  • In May 2022, Mitsubishi Electric investment USD 113 million in a new plant at Mitsubishi Electric Air Conditioning Systems Manufacturing Türkiye Joint Stock Company (MACT). It is the company's air-conditioner production base in Türkiye.

Get More Insights into the United States DOAS Industry Report

In its latest report, Future Market Insights offers an unbiased analysis of the United States DOAS industry, providing historical data from 2019 to 2023 and forecast statistics for the period 2024 to 2034. To understand the industry's potential, growth, and scope, the industry is segmented based on capacity, end-use, implementation type, requirement, and region.

Browse Full Report Here: https://www.futuremarketinsights.com/reports/doas-industry-analysis-in-the-united-states

United States DOAS Industry Segmentation

By Capacity:

  • Less Than 20 Tons

  • 20 to 40 Tons

  • 40 to 60 Tons

  • Greater Than 60 Tons

By Implementation Type:

  • New Construction

  • Retrofit

By Requirement:

  • Heating

  • Ventilation

  • Cooling

  • Dehumidification

By End-use:

  • Commercial

  • Residential

  • Industrial

By Region:

  • Northeast United States

  • Southeast United States

  • Southwest United States

  • Midwest United States

  • West United States

Author By:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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SOURCE: Future Market Insights Inc.



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