Spain Air Handling Units Market Outlook (2018 to 2032)
Synopsis
The above chart is Spain Air Handling Units Market Outlook (2018 to 2032)
Market Dynamics
spanish air handling units have seen an increased demand in recent years, partly as a result of the country’s significant economic growth. spain places a strong emphasis on energy efficiency and this has been partially driven by the eu’s push for energy efficiency through 2020 and beyond, resulting in increased demand for high-efficiency air handling systems.
the government of spain has taken a number of initiatives to reduce energy consumption and emissions, and such initiatives are likely to have a positive effect in terms of the demand for air handling systems. this includes offering financial incentives for energy efficiency projects, as well as setting vehicle emissions targets. in addition, spain has signed the paris agreement and the european union has set ambitious renewables targets for 2030 for all member states, which may also lead to increased demand for air handling systems.
furthermore, the spanish construction industry has been growing significantly in recent years, spurred by a strong sense of consumer optimism. as a result, the demand for efficient air handling systems is likely to continue growing over the forecast period. the forecast period is likely to see an increase in green construction projects in the country, as well as the retrofitting of existing buildings for energy efficiency, both of which should further increase the demand for air handling systems.
in terms of technology, spain is expected to remain an early adopter of new technologies, particularly in terms of high efficiency air handling units. companies like mitsubishi, daikin and daikin-carrier are expected to be at the forefront of new technology, with remote conditioning units (rcus) being deployed in many regions. other trends such as building information modelling (bim) and virtual reality (vr) are also expected to drive further demand.
finally, the increasing trend for air duct cleaning services is also expected to have a positive effect on the demand for air handling systems in spain. this is as a result of the measure that the spanish government has taken in order to reduce air pollutants as much as possible, in compliance with eu regulations. this, combined with the increased focus on energy efficiency, should allow for increased demand of air handling systems in spain over the coming years.