Market Overview:
The global commercial fan and air purification equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and eco-friendly fans across different industries, rising awareness about indoor air quality, and growing investments in construction and infrastructure projects. The global commercial fan and air purification equipment market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into air purification equipment, attic fans, exhaust fans, and others. On the basis of application, the market is segmented into industrial applications; automotive applications; HVAC (heating ventilation & cooling) applications; food processing & packaging applications; pharmaceuticals & cosmetics applications; printing & publishing applications; educational institutions’ buildings’ ventilation systems’ requirements for fresh air intake purposes only (not including cooling or heating); office buildings ventilation systems requirements for fresh air intake purposes only (not including cooling or heating); other building types such as hospitals etc.; retail stores/malls/shopping complexes with central AC system installed ;and other retail stores not having central AC system installed .On the basis of region ,the global commercial fan an dair purification equipmentmarketis dividedinto North America , Latin America , Europe Asia Pacific ,and Middle East Africa .
Product Definition:
Commercial Fan and Air Purification Equipment are devices used to improve air quality. They can remove particles from the air, improve airflow, and reduce the spread of germs. Commercial Fan and Air Purification Equipment are important for businesses because they can help keep employees healthy and productive.
Air Purification Equipment:
Air purification equipment is used to eliminate contaminants from air. It includes a wide range of technologies for removing smoke, dust, dirt, bacteria and viruses from the indoor or outdoor air. The most common technology used in air purification systems is called HEPA filter technology which stands for High- Efficiency Particulate Air Filter.
Attic and Exhaust Fans:
An Attic and Exhaust fan is a device used to remove the heat from an enclosed space, typically a garage or a house. The heat generated within the closed space can lead to discomfort and even possible health risks. An exhaust fan is used in order to draw out the heated air out of the enclosed area through an opening in roof or ceiling, thus creating negative pressure that removes smoke particles, odors and other irritants from the area.
Application Insights:
The application segment includes automotive, industrial, others and residential. The other applications include medical and aerospace. In terms of revenue, the industrial segment dominated the global market with a share of over 40% in 2017 owing to stringent regulations for manufacturing vehicles that are air-conditioned in nature. These vehicles attract a lot of pollution due to which there is an increased demand for commercial fans and air purification equipment across industries worldwide.
Automotive is expected to be one of the fastest growing segments at a CAGR exceeding 5% from 2018 to 2030 owing to rising sales of passenger cars and light commercial vehicles (LCVs). Air conditioning plays an important role in maintaining cabin temperature as well as ensuring clean airflow into the engine compartment, thereby improving vehicle efficiency by reducing pollution levels inside automobiles or LCVs. Furthermore, manufacturers are focusing on providing environment-friendly products such as energy-efficient motors along with their products which will further boost product demand during forecast years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization and urbanization, which has resulted in increased pollution levels. Rising awareness regarding health risks associated with indoor air pollution is anticipated to drive demand for commercial fan products over the forecast period.
The European market consists of major countries, such as Germany, Italy, France and U.K., among others. These countries are home to some of the largest automotive manufacturing hubs across Europe including Germany, France and Italy respectively; all these factors are anticipated to boost product demand in this region during the forecast period from 2018-2030 (See Figure 1). North America accounted for a significant share owing to growing consumer preference towards energy-efficient products along with stringent government regulations on indoor air quality standards that limit exposure time spent indoors at work or home have driven adoption rates amongst end users across various industries (see figure 2).
Growth Factors:
- Increasing demand for energy-efficient and eco-friendly equipment
- Growing awareness about the benefits of using commercial fan and air purification equipment
- Rising number of construction projects across the globe
- Proliferation of retail stores and other commercial spaces that need efficient ventilation systems
- Technological advancements that result in more energy-efficient and durable equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Fan and Air Purification Equipment Market Research Report
By Type
Air Purification Equipment, Attic and Exhaust Fans, Others
By Application
Industrial, Manufacture, Automotive, Others
By Companies
Sharp, Panasonic, Daikin Industries, Honeywell International, Philips Electronics, Sharp
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Fan and Air Purification Equipment Market Report Segments:
The global Commercial Fan and Air Purification Equipment market is segmented on the basis of:
Types
Air Purification Equipment, Attic and Exhaust Fans, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Manufacture, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sharp
- Panasonic
- Daikin Industries
- Honeywell International
- Philips Electronics
- Sharp
Highlights of The Commercial Fan and Air Purification Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air Purification Equipment
- Attic and Exhaust Fans
- Others
- By Application:
- Industrial
- Manufacture
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Fan and Air Purification Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial fan and air purification equipment is used to remove contaminants from the air. These devices can be found in places like hospitals, schools, offices, and factories. They are often used to reduce the amount of harmful particles in the air such as bacteria, dust mites, and allergens.
Some of the major players in the commercial fan and air purification equipment market are Sharp, Panasonic, Daikin Industries, Honeywell International, Philips Electronics, Sharp.
The commercial fan and air purification equipment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Fan and Air Purification Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Fan and Air Purification Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Fan and Air Purification Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Fan and Air Purification Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Fan and Air Purification Equipment Market Size & Forecast, 2020-2028
4.5.1 Commercial Fan and Air Purification Equipment Market Size and Y-o-Y Growth
4.5.2 Commercial Fan and Air Purification Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Air Purification Equipment
5.2.2 Attic and Exhaust Fans
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Manufacture
6.2.3 Automotive
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Fan and Air Purification Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Fan and Air Purification Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Air Purification Equipment
9.6.2 Attic and Exhaust Fans
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Manufacture
9.10.3 Automotive
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Air Purification Equipment
10.6.2 Attic and Exhaust Fans
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Manufacture
10.10.3 Automotive
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Air Purification Equipment
11.6.2 Attic and Exhaust Fans
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Manufacture
11.10.3 Automotive
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Air Purification Equipment
12.6.2 Attic and Exhaust Fans
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Manufacture
12.10.3 Automotive
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Air Purification Equipment
13.6.2 Attic and Exhaust Fans
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Manufacture
13.10.3 Automotive
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Fan and Air Purification Equipment Market: Competitive Dashboard
14.2 Global Commercial Fan and Air Purification Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sharp
14.3.2 Panasonic
14.3.3 Daikin Industries
14.3.4 Honeywell International
14.3.5 Philips Electronics
14.3.6 Sharp
