Learn about the global commercial fan and air purification equipment market through The Business Research Company, which provides information on commercial fan and air purification equipment market size, commercial fan and air purification equipment market drivers and restraints, commercial fan and air purification equipment market players, the COVID-19 impact on the commercial fan and air purification equipment market, and more.      

The global commercial fan and air purification equipment market is expected to grow from $68.7 billion in 2020 to $71.22 billion in 2021 at a compound annual growth rate (CAGR) of 3.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $100.56 billion in 2025 at a CAGR of 9%.

Technological advances in commercial fan and air purification equipment drove the market in the historic period.

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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 fans and commercial ventilating fans.

Global Commercial Fan And Air Purification Equipment Market Segments Include:

By Type: Air Purification Equipment, Attic And Exhaust fans, Other Commercial Fan And Air Purification Equipment

By Technology Type: High Efficiency Particulate Absorption/Absorber (HEPA, Activated Carbon, Electrostatic Precipitator, Ultra Violet (UV) Light air purifier, Ionic Air Purifier, Others

By Capacity: Small, Medium, Large

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global commercial fan and air purification equipment market, accounting for 48% of the market in 2020.

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.

TBRC’s commercial fan and air purification equipment market report covers:

Major Market Players: Sharp Corporation, Panasonic Corporation, Daikin Industries, Honeywell International, Philips Electronics N V.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Commercial Fan And Air Purification Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides commercial fan and air purification equipment market overviews, analyses and forecasts market size, share, commercial fan and air purification equipment market players, commercial fan and air purification equipment market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s commercial fan and air purification equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Attic And Exhaust Fans Global Market Report 2021

Household Fans Global Market Report 2020

Fans And Blowers Global Market Report 2021

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