Commercial Fan And Air Purification Equipment Global Market Report 2021: COVID-19 Impact And Recovery To 2030
The Business Research Company?s Commercial Fan And Air Purification Equipment Global Market Report 2021: COVID-19 Impact And Recovery To 2030
LONDON, GREATER LONDON, UK, June 30, 2021 /EINPresswire.com/ -- According to the new market research report ?Commercial Fan And Air Purification Equipment Global Market Report 2021: COVID-19 Impact And Recovery To 2030? published by The Business Research Company, 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.
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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.
Trends 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 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.
Global Commercial Fan And Air Purification Equipment Market Segments:
The global commercial fan and air purification equipment market is further segmented based on type, technology type, capacity and geography.
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, Ultraviolet (UV) Light Air Purifier, Ionic Air Purifier, Others
By Capacity: Small, Medium, Large
By Geography: The global commercial fan and air purification equipment market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global commercial fan and air purification equipment market, accounting for 48% of the market in 2020.
Read More On The Report For The Global Commercial Fan And Air Purification Equipment Market At:
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Commercial Fan And Air Purification Equipment Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides commercial fan and air purification equipment global market overviews, analyzes and forecasts market size and growth for the global commercial fan and air purification equipment market, commercial fan and air purification equipment global market share, commercial fan and air purification equipment global market players, commercial fan and air purification equipment global market segments and geographies, commercial fan and air purification equipment global market?s leading competitors? revenues, profiles and market shares. The commercial fan and air purification equipment global market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors? approaches.
Read Commercial Fan And Air Purification Equipment Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Commercial Fan And Air Purification Equipment Market Organizations Covered: 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.
Interested to know more about The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Commercial Fan And Air Purification Equipment Global Market Report 2021:
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