The Commercial Fan And Air Purification Equipment Global Market Report 2020-30 by The Business Research Company describes and explains the global commercial fan and air purification equipment market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Commercial Fan And Air Purification Equipment Global Market Opportunities And Strategies Report covers commercial fan and air purification equipment market drivers, commercial fan and air purification equipment market trends, commercial fan and air purification equipment market segments, commercial fan and air purification equipment market growth rate, commercial fan and air purification equipment market major players, and commercial fan and air purification equipment market size.
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The commercial fan and air purification equipment market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.
Commercial Fan And Air Purification Equipment Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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Trends in the market include:
Energy-Efficient Appliances-
Air purification equipment’ manufacturers are increasingly producing energy-efficient products to reduce their environmental footprint and enable energy savings for consumers. The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric appliances and advances in technology. Energy-efficient appliances are designed to utilize minimum energy to complete the required task. This results in significant cost savings for consumers. All major appliances including air purifiers are available with energy efficiency ratings. Currently, over 80 countries have standards and labels for energy-efficient appliances. Most appliances in the USA, for example, are ENERGY STAR certified, which use 10% to 50% less energy each year than a non-energy efficient equivalent.
Increasing Merger And Acquisition Activities-
The focus area for many companies in the commercial fan and air purification equipment market has shifted to increasing mergers and acquisitions to acquire more production capabilities. Large prime manufacturers are forming joint ventures or buying small or midsized companies to acquire new capabilities or gain access to new markets. For instance, in August 2019, Systemair AB, Swedish ventilation equipment manufacturer, acquired the Australian company Pacific HVAC Engineering’s ventilation part for an undisclosed amount. This acquisition enhanced the market position in Australia and New Zealand and good growth for Systemair’s product range, primarily from the factories in India and Malaysia. Also, in June 2019, Filtermist, a UK-based company specialized in air filtration and manufacturing air purifiers, acquired the air services division of Carter Environmental. This acquisition provides Filtermist with unlimited access to Carter’s dry dust filters, booths, benches and wet collectors, which will improve Filtermist’s customer base and increase sales. Filtermist will use this acquisition as a unique opportunity to expand into dust extraction in metalworking, which has a lot of potential for growth. England-based Carter Environmental Engineer is best known for their high-quality wet collectors and dust extractors, which are extensively used for air purification.
The market is segmented:
By Type
- Air Purification Equipment
- Attic and Exhaust Fan
- Other Commercial Fan and Air Purification Equipment
By Range–
- Less Than 200 Square Ft.
- 200 - 400 Square Ft
- More Than 400 Square Ft.
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