A dedicated outdoor air system (DOAS) is an HVAC unit that
is installed outside a building and is often used along with other HVAC
equipment. DOAS units bring fresh outside air into the building independent of
heating or cooling efforts. In this design, a central, dedicated outdoor air
unit is used to dehumidify and improve the outdoor air to meet both
latent-cooling load and ventilation requirements for all spaces served by the
system.
The DOAS
market was valued at USD 3.7 billion in 2019 and is projected to reach USD 5.4
billion by 2024, at a CAGR of 8.0%. The growth of the DOAS market is driven by government
regulations and policies for energy saving to boost demand for DOAS and increasing
adoption of DOAS for residential and commercial applications. Growing demand
for energy-efficient DOAS for new construction & retrofit is expected to
provide huge growth opportunities to players in the DOAS market.
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The market for new construction implementation type is
expected to hold the largest share of the DOAS market during the forecast
period. Growing construction activities, government regulations for smarter
buildings, and financial incentive programs for energy-efficient new
construction projects are key factors driving the DOAS market in new
constructions. Hence, increasing construction activities of commercial and
residential buildings across the world provide opportunities for the DOAS
market during the forecast period.
Commercial application is the largest adopter of DOAS. DOAS
has major demand in the commercial vertical as it provides a comfortable and
healthy indoor environment that has been a difficult task for many commercial
buildings where it requires high ventilation rates for various applications,
such as hospitals, schools, theaters, retail stores, hotels, restaurants,
nursing homes, and office buildings. Hence, the demand for DOAS in commercial
buildings is expected to boost the market during the forecast period.
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The DOAS market in APAC is expected to grow at the highest
CAGR during the forecast period. APAC is the leading DOAS market for commercial
and residential verticals, with major demand driven by countries such as China
and India. Increasing construction activities, rising population, and changing
climatic conditions are among the major factors attributed to the growth of the
market in this region.
