Global Commercial Fan And Air Purification Equipment Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

25 Feb, 2021

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 Size And Drivers:

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 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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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 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.

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 total market.

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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 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 market share, commercial fan and air purification equipment market players, commercial fan and air purification equipment market segments and geographies, commercial fan and air purification equipment market’s leading competitors’ revenues, profiles and market shares. The 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.

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