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Insights on the Commercial Fan and Air Purification Equipment Global Market to 2030 - Identify Growth Segments for InvestmentDUBLIN, Jan. 27, 2021 /PRNewswire/ -- The "Commercial Fan and Air Purification Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global commercial fan and air purification equipment market as it emerges from the COVID-19 shut down.
Description:
The commercial fan and air purification equipment market consists of sales of commercial fan and air purification equipment by entities (organizations, sole traders and partnerships) that produce commercial and industrial fan and air purification equipment such as industrial dust and fume collection equipment, electrostatic precipitation equipment, warm air furnace filters, air washers, and other dust collection equipment, attic fans and industrial and commercial fans and blowers, such as commercial exhaust fns and commercial ventilating fans. The commercial fan and air purification equipment market is segmented into air purification equipment; attic and exhaust fans; and other commercial fan and air purification equipment. Asia Pacific was the largest region in the global commercial fan and air purification equipment market, accounting for 48% of the market in 2020. Western Europe was the second largest region accounting for 27% of the global commercial fan and air purification equipment market. Africa was the smallest region in the global commercial fan and air purification equipment market. The growing popularity of smart air purifiers is a major trend in the market. With air pollution increasing across the world, a growing awareness of allergies, pollution and climate change is increasing consumer concern about the quality of the air they breathe. As a result, air purifiers are growing in popularity. Smart air purifiers are devices which are connected to other devices via the internet, and other technologies such as Bluetooth, near field communication (NFC) and Wi-Fi. The rise of the Internet of Things (IoT) technology also supports the development of smart air purifiers. Smart air purifiers allow the air quality to be monitored and managed from a smartphone application, which provides a live reading of quality data. For instance, in January 2019, Pathpartner, an Indian based technology company, developed IoT enabled smart air purifier that gives information about air quality and provides a report on the humidity content of the air. Through this technology, the temperature of the room and freshening up the room can be controlled remotely. High adoption and maintenance costs are expected to limit the growth of the air purifiers market. Air purifiers are considered premium products due to the high adoption cost in both developed and developing countries. According to consumer reports, air purifiers range from $200 to $900 and the maintenance is high due to the change of filters two or three times a year, and some air purifiers have multiple filters. For instance, considering the average carbon activated filter air purifier that eliminates bad odors on the market, the filter needs to be replaced every three months to be effective, which costs $50, then there is an additional cost of the main filter which ranges from $20 to $200 each. The Honey wells Air Touch S8 is a HEPA technology-based air purifier that costs around $500 (36,000 INR) in India and is a multiple filter air purifier. The filter should be replaced every 4 months, which costs $40 (3,000 INR) each time. Therefore, high adoption and maintenance costs are expected to affect the air purifiers market's growth. Technological advances in commercial fan and air purification equipment drove the market in the historic period. Increased access to the internet and the use of smartphones supported the development and consumption of innovative technologically enabled appliances. About 4. 49 billion people globally had access to the internet in 2019; 4. 33 billion were active internet users and there are 3. 9 billion unique mobile internet users worldwide. Further, increasing integration of the Internet of Things (IoT) with appliances allowed customers to connect with their appliances via the internet and remotely control essential tasks by collecting data. Thus, technological advances drove the market for air purifiers in the historic period. Key Topics Covered: 1. Executive Summary 2. Report Structure 3. Commercial Fan and Air Purification Equipment Market Characteristics 3.1. Market Definition 3.2. Key Segmentations 4. Commercial Fan and Air Purification Equipment Market Product Analysis 4.1. Leading Products/ Services 4.2. Key Features and Differentiators 4.3. Development Products 5. Commercial Fan and Air Purification Equipment Market Supply Chain 5.1. Supply Chain 5.2. Distribution 5.3. End Customers 6. Commercial Fan and Air Purification Equipment Market Customer Information 6.1. Customer Preferences 6.2. End Use Market Size and Growth 7. Commercial Fan and Air Purification Equipment Market Trends and Strategies 8. Impact of COVID-19 on Commercial Fan and Air Purification Equipment 9. Commercial Fan and Air Purification Equipment Market Size and Growth 9.1. Market Size 9.2. Historic Market Growth, Value ($ Billion) 9.2.1. Drivers of the Market 9.2.2. Restraints on the Market 9.3. Forecast Market Growth, Value ($ Billion) 9.3.1. Drivers of the Market 9.3.2. Restraints on the Market 10. Commercial Fan and Air Purification Equipment Market Regional Analysis 10.1. Global Commercial Fan and Air Purification Equipment Market, 2020, by Region, Value ($ Billion) 10.2. Global Commercial Fan and Air Purification Equipment Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region 10.3. Global Commercial Fan and Air Purification Equipment Market, Growth and Market Share Comparison, by Region 11. Commercial Fan and Air Purification Equipment Market Segmentation 11.1. Global Commercial Fan and Air Purification Equipment Market, Segmentation by Type 11.2. Global Commercial Fan and Air Purification Equipment Market, Segmentation by Technology Type 11.3. Global Commercial Fan and Air Purification Equipment Market, Segmentation by Capacity 12. Commercial Fan and Air Purification Equipment Market Metrics 12.1. Commercial Fan and Air Purification Equipment Market Size, Percentage of GDP, 2015-2025, Global 12.2. Per Capita Average Commercial Fan and Air Purification Equipment Market Expenditure, 2015-2025, Global 13. Asia-Pacific Commercial Fan and Air Purification Equipment Market 14. Western Europe Commercial Fan and Air Purification Equipment Market 15. Eastern Europe Commercial Fan and Air Purification Equipment Market 16. North America Commercial Fan and Air Purification Equipment Market 17. South America Commercial Fan and Air Purification Equipment Market 18. Middle East Commercial Fan and Air Purification Equipment Market 19. Africa Commercial Fan and Air Purification Equipment Market 20. Commercial Fan and Air Purification Equipment Market Competitive Landscape 20.1. Competitive Market Overview 20.2. Market Shares 20.3. Company Profiles 20.3.1. Sharp Corporation 20.3.1.1. Company Overview 20.3.1.2. Products and Services 20.3.1.3. Strategy 20.3.1.4. Financial Performance 20.3.2. Panasonic Corporation 20.3.2.1. Company Overview 20.3.2.2. Products and Services 20.3.2.3. Strategy 20.3.2.4. Financial Performance 20.3.3. Daikin Industries 20.3.3.1. Company Overview 20.3.3.2. Products and Services 20.3.3.3. Strategy 20.3.3.4. Financial Performance 20.3.4. Honeywell International 20.3.4.1. Company Overview 20.3.4.2. Products and Services 20.3.4.3. Strategy 20.3.4.4. Financial Performance 20.3.5. Philips Electronics N V 20.3.5.1. Company Overview 20.3.5.2. Products and Services 20.3.5.3. Strategy 20.3.5.4. Financial Performance 21. Key Mergers and Acquisitions in the Commercial Fan and Air Purification Equipment Market 22. Market Background: Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing Market 22.1. Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing Market Characteristics 22.2. Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F Growth, by Segment, Value ($ Billion), Global 22.3. Global Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing Market, 2020, by Region, Value ($ Billion) 22.4. Global Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region 22.5. Global Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing Market, 2015-2020, 2020-2025F, 2030F, Segmentation by Type, Value ($ Billion) 23. Recommendations 24. Appendix 25. Copyright and Disclaimer For more information about this report visit https://www.researchandmarkets.com/r/f2fq2u Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/insights-on-the-commercial-fan-and-air-purification-equipment-global-market-to-2030---identify-growth-segments-for-investment-301216077.html SOURCE Research and Markets |