The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global Dedicated Outdoor Air Systems (DOAS) market is set for significant expansion, poised to grow from $3.78 billion in 2022 to $4.11 billion in 2023, showcasing a robust compound annual growth rate (CAGR) of 8.8%. Looking ahead, the market is projected to reach $5.75 billion by 2027, sustaining an 8.8% CAGR. Let’s delve into the key drivers, industry players, and emerging trends shaping the landscape of the DOAS market.

Constructing Growth: The Impact of Residential and Commercial Constructions

– Defining Construction

An escalating number of residential and commercial constructions emerges as a pivotal factor driving the growth of the DOAS market. Construction activities encompass building, modifying, repairing, and enhancing residential and non-residential infrastructures, including commercial and industrial buildings.

– Global Construction Outlook

According to Oxford Economics, the global construction output in 2020 was $10.7 trillion and is anticipated to witness a substantial 42% growth, reaching $15.2 trillion by 2030. Key contributors to this growth include the USA, China, India, and Indonesia, accounting for 58.3% of global construction growth.

– Canadian Construction Surge

Statistics Canada reported a 0.1% increase in non-residential construction investment and a notable 1.0% surge in residential building construction in July 2022. These statistics underscore the thriving construction sector, driving the demand for DOAS.

Industry Giants: Key Players Shaping the Landscape

– Market Leaders

Major players in the DOAS market include Johnson Controls International Plc., Daikin Industries Ltd., LG Electronics Inc., and Mitsubishi Electric Corporation, among others. Their strategic initiatives play a vital role in steering the growth trajectory of the DOAS industry.

Innovating the Air: The Trend of Product Innovations

– Trendsetting Innovations

Product innovations stand out as a key trend gaining prominence in the DOAS market. Leading companies are actively pursuing innovative solutions to reinforce their market positions and meet evolving consumer needs.

– LG’s Innovative Solutions

In August 2021, LG Electronics Inc. introduced two new splits of Dedicated Outside Air System (DOAS) units. These units offer building owners and facility managers the ability to condition outdoor air for enhanced indoor air quality and comfort. Notable features include:

• Flexibility and Dependability:Retained without sacrificing ease of integration.
• Labor-Efficient Installation:Particularly advantageous in instances where roof constraints limit the use of a packaged rooftop DOAS.
• Integration Capabilities:Allows for smooth integration with Variable Refrigerant Flow (VRF) Multi-V units.

– Design Flexibility

LG’s split DOAS, with its longer pipe lengths, facilitates remote connection to VRF Multi-V units, enhancing design flexibility in spaces with limitations. The split DOAS also offers the option for VRF and DOAS interlocked operation via LGAP, providing seamless integration without the need for additional systems.

Market Segmentation: Understanding Variety

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

This detailed segmentation provides insights into the diverse capacities, implementation types, requirements, and end-user applications within the DOAS market.

Regional Dynamics: Asia-Pacific Leading the Way

– Regional Leadership

In 2022, Asia-Pacific emerged as the largest region in the DOAS market, underscoring its prominence and influence. As the global construction hub, the region plays a pivotal role in driving DOAS demand.

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The DOAS Global Market Report 2023  provides an overview of the DOAS market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The DOAS market forecast analyzes DOAS market size, DOAS market share, leading competitor and their market positions.

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