The DOAS Global Market Report 2023, provides comprehensive information on the DOAS market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s DOAS Global Market Report 2023, the market size is expected to grow from $3.78 billion in 2022 to $4.11 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global DOAS market is expected to grow to $5.75 billion in 2027 at a CAGR of 8.8%.
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Product innovations are a key trend gaining popularity in the DOAS market. Major companies operating in the DOAS market are focused on providing innovative solutions to strengthen their position in the market. For instance, in August 2021, LG Electronics Inc., a South Korea-based company that manufactures and markets consumer electronics and home appliances, launched two new splits of dedicated outside air system (DOAS) units that provide the ability for building owners and facility managers to effectively condition outdoor air for enhanced indoor air quality and comfort without losing flexibility, dependability, or ease of integration. These innovative 12-ton split rooftop DOAS and 1500–2000 CFM indoor split DOAS solutions are new to the award-winning LG DOAS line-up. Both the split rooftop DOAS and the indoor split DOAS with built-in heat recovery units are less labor-intensive to install and are the best options for instances where roof constraints restrict the use of a packaged rooftop DOAS. Longer pipe lengths in the new DOAS enable remote connection to VRF Multi-V units as a workaround for on-site space limitations, enhancing design flexibility. LG’s split DOAS offers the option for VRF and DOAS interlocked operation via LGAP in addition to a web user interface for remote accessibility. These capabilities allow for smooth integration without the use of other systems.
The DOAS market is segmented:
1) By Capacity: Less Than 20 Tons, 20-40 Tons, 40-60 Tons, Greater Than 60 Tons
2) By Implementation Type: New Construction, Retrofit
3) By Requirement: Heating, Cooling, Ventilation, Dehumidification
4) By End User: Commercial, Residential, Industrial
Asia-Pacific was the largest region in the DOAS market in 2022.
The table of contents in TBRC’s DOAS market report includes:
1. Executive Summary
2. DOAS Market Characteristics
3. DOAS Market Trends And Strategies
4. DOAS Market – Macro Economic Scenario
5. DOAS Market Size And Growth
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26. Africa DOAS Market
27. DOAS Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The DOAS Market
29. DOAS Market Future Outlook and Potential Analysis
30. Appendix
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