Global Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Manufacturing Market

Commercial Fan And Air Purification Equipment Market Definition

Autonomous Construction Equipment Market Definition

The 3D printer manufacturing market consists of sales of 3D printers and related services that are used in automotive, healthcare, industrial, consumer electronics, aerospace and defense industries. 3D printing is the method of creating three-dimensional objects by transferring consecutive material layers through a 3D printer.

The attic and exhaust fans market consists of sales of attic and exhaust fans by entities (organizations, sole traders, and partnerships) that produce attic and exhaust fans which are used in warmer months when temperatures in an attic can exceed 120 °F (49 °C), or to pull excess moisture and unwanted odors out of a particular room or area. Only goods and services traded between entities or sold to end consumers are included. The global attic and exhaust fans market is expected to grow from $6.01 billion in 2020 to $6.1 billion in 2021 at a compound annual growth rate (CAGR) of 1.5%. 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 $8.17 billion in 2025 at a CAGR of 7.6%. The attic and exhaust fans market covered in this report is segmented by type into attic fans; exhaust fans. The growth in the number of industries across the world contributed to the growth of the attic and exhaust fans market. Exhaust fans are used to remove contaminants like dust, fumes, and vapors, to provide a safe environment for work. For example, a steel manufacturing plant uses an exhaust fan to create the difference between indoor and outdoor air environment so that airflow can be generated to eliminate the exhausting gas while manufacturing. According to India Brand Equity Foundation (IBEF), in India, the number of micro, small and medium enterprises (MSMEs) has increased from 2.12 million units in 2019 to 2.51 million units in 2020, growth by 18.5%. Therefore, the growth in several industries across the world boosted the demand for industrial exhaust fans which in turn influenced the market for attic and exhaust fans positively. Exhaust fans can cause depressurization in a house and this factor is expected to limit the growth of the attic and exhaust fans market. Exhaust fans can depressurize a house and lowers the pressure indoors with respect to the outside. Depressurized-houses or places will also have a higher difference in temperature between inside and outside. The risk of the absence of pressure in a house results in higher utility costs, poor indoor air quality, and damp inside walls of houses. Therefore, such factors are expected to have a negative impact on the growth of the attic and exhaust fans market. Increasing demand for smart attic fans is an emerging trend in the attic and exhaust fans market. A smart attic fan is a device that has a built-in thermostat/humidistat, variable speed motor, and operated using applications. For instance, QuietCool AFG SMT-3.0 smart attic fan from Quiet Cool Colorado runs at the 3,000 CFM setting when the attic is at its hottest point and again the smart attic fan automatically cycle itself down to the lower speeds as the attic starts to cool down. The major players covered in the global attic and exhaust fans market are Greenhack, Systemair, Twin City Fan, Howden, Soler & Palau, Attic Breeze LLC, Industrial Fans Direct, Daltec Fans, Atmox Inc., Wayne's Solar Inc., Johnson Controls, Nanfang Ventilator, Munters, Polypipe Ventilation, Greenwood Airvac. The countries covered in the global attic and exhaust fans market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global attic and exhaust fans market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global attic and exhaust fans market is segmented - 1) By Type: Attic Fans, Exhaust Fans 2) By Application: Industrial, Commercial, Residential

The air purification equipment market consists of sales of air purification equipment by entities (organizations, sole traders, and partnerships) that produce air purification equipment which is used for removing contaminants from the air in a room to improve indoor air quality. Only goods and services traded between entities or sold to end consumers are included. The global air purification equipment market is expected to grow from $59.42 billion in 2020 to $61.73 billion in 2021 at a compound annual growth rate (CAGR) of 3.9%. 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 $87.6 billion in 2025 at a CAGR of 9.1%. The air purification equipment market covered in this report is segmented by product type into stand-alone air purification equipment; induct air purification equipment. Increasing health problems due to air pollution is projected to boost the demand for the air purification equipment market. Rising deaths and diseases caused by air pollution are generating higher demand for devices used for air purification to remove harmful pollutants in the air. According to the World Health Organization (WHO), air pollution is a major cause of death and various diseases. Air pollution is responsible for approximately 4.2 million deaths annually across the globe, mainly from heart disease, chronic obstructive pulmonary disease, lung cancer, acute respiratory infections, and stroke. In the USA alone, there are around 200,000 premature deaths annually. Moreover, air pollution is alone responsible for 29% of lung cancer, 43% of chronic obstructive pulmonary disease, 17% of acute lower respiratory infection, and 24% stroke of all deaths and diseases worldwide. The increase in impurities in the air is expected to drive the demand for the air purification equipment market during the forecast period. The risk and high maintenance charges associated with the air purification equipment are expected to limit the growth of the air purification equipment market. Air purification systems are good at eliminating dust, but may not prove an effective solution for removing bad odour. Some air purification systems release an excess number of ions in the air which leads to ozone emissions and is considered to be harmful to the environment. Moreover, high maintenance charges on disposable and replaceable filters ranging between $20 and $200 is another major restraint for market growth. These disadvantages associated with the usage of air purification systems are expected to hamper the air purification equipment market during the forecasted period. Partnerships and collaborations by the industry players are gaining popularity in the air purification equipment market. Major companies are strategically acquiring start-ups and mid-sized companies in the air purification market to broaden products and services offered by the company. Strategic collaborations and partnership agreements help companies to expand their existing product portfolio and geographical reach. For instance, in January 2018, Johnson Controls, an Ireland-based HVAC company collaborated with AtmosAirTM Solutions, a manufacturer of air purification systems using Bi-Polar Ionization to deliver cleaner air quality to its customers. Johnson Controls is a company dealing in air handling and building control equipment. Similarly, in February 2019, AAF Flanders signed a partnership agreement with IONaer International LLC to introduce CleanAir EXP Purification System in the market. CleanAir EXP Purification System is a revolutionary air purification and monitoring solution. The purification system combines the most sophisticated in-room sensors technology with the latest air purification technology to deliver clean indoor air. In September 2018, Dexwet International AG, an Austria-based filter manufacturer, and a subsidiary of Dexwet Holdings Corporation acquired Aludo GmbH, a German air purification equipment manufacturer for an undisclosed amount. The acquisition is aimed at equipping Aludo GmbH’s high-end product line for air cleaners with Dexwet inside, the revolutionary wet-filter technology. Aludo GmbH is an air purifier and decentralized ventilation systems manufacturer based in Germany. The company is engaged in manufacturing air cleaning devices for particles, bacteria, viruses, pollen, and allergens. The major players covered in the global air purification equipment market are Daikin Industries Ltd., Sharp Corporation, Camfil Group, Philips Electronics N.V., LG Electronics Inc., Panasonic Corporation, 3M Company, Mann+Hummel, Honeywell International Inc., Clarcor Inc., Whirlpool Corporation, SPX Flow, Eureka Forbes, Electrocorp, Fumex Inc. The countries covered in the global air purification equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global air purification equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global air purification equipment market is segmented - 1) By Product Type: Stand-Alone Air Purification Equipment, Induct Air Purification Equipment 2) By End User: Residential, Commercial, Industrial 3) By Technology: HEPA, Electrostatic Precipitators, Activated Carbon, Ionic Filters, Others

The fertilizing machinery market consists of sales of fertilizing machinery by entities (organizations, sole traders or partnerships) that are engaged in manufacturing fertilizing machinery such as wheel hoe, cono weeder, fertilizer dibbler and others. Only goods and services traded between entities or sold to end consumers are included. The global fertilizing machinery market is expected to grow from $13.03 billion in 2020 to $13.18 billion in 2021 at a compound annual growth rate (CAGR) of 1.2%. 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 $13.28 billion in 2025 at a CAGR of 0.2%. The fertilizing machinery market covered in this report is segmented by product type into fertilizer dryers; fertilizer screening machines; fertilizer crushers; fertilizer granulators; fertilizer mixers. High demand for food crops across the globe is expected to contribute to the growth of the fertilizing machinery market. The expanding agriculture sector is driving the need for fertilizer machines for improving crop growth. According to the Second Advance Estimates for 2019-20, the overall estimated food grain production in India was 291.95 million tons, which has improved by 6.74 million tons in comparison with that of 285.21 million tons during 2018-19. The total production of rice during 2019-20 was estimated to be 117.47 million tons. Furthermore, the total production of nutri/coarse cereals was estimated at 45.24 million tons, which is higher by 2.18 million tons when compared with 43.06 million tons during 2018-19. The rising demand for high yield food crops to meet the global food demand is inducing the growth of the fertilizing machinery market. The restrictions laid on the use of fertilizers due to their impact on the environmental limits the growth of the fertilizing machinery market. The overuse of fertilizers can infect both the farm produce as well as the topsoil. For instance, in 2019, the Federal Government of Nigeria announced plans to slowly phase out the use of fertilizers in agriculture. According to a study published in Nature Sustainability in 2019, in the US, fertilizer has also contributed to air pollution near the corn belts areas that led to 4,300 premature deaths in the regions. Fertilizers consist of substances and chemicals like methane, carbon dioxide, ammonia, and nitrogen, the emission of which has contributed to a great extent in the number of greenhouse gases present in the environment, thereby, leading to global warming and weather changes. Therefore, imposing a ban on fertilizers to protect the environment restrains the fertilizing machinery market. The launch of fertilizer drone machines is gaining popularity in the fertilizing machinery market. Fertilizer drone machines can be used for fertilization of crops such as rice, wheat, vegetables, seeding, flowers, and others. It can also reduce the use of pesticides by 20% compared to manual operations, and greatly reduce operating time, reduce the cost of growers, and increase spraying accuracy. For instance, in 2019, Da-Jiang Innovations (DJI) launched Agras T16, which is a spray drone to apply fertilizers and pesticides to field crops and orchards. The Agras T16 has an advanced overall structure with modular design and supports the loftiest payload and widest spray width ever in a DJI agricultural drone. With significant hardware, an AI engine, and 3D-operation planning, the T16 has a significantly improved operational efficiency. The fertilizing machinery sector is particularly embracing drones to improve efficiency and help increase crop production. In September 2018, Deere & Company, a US-based manufacturer of farm machinery, announced the acquisition of PLA for an undisclosed amount. With the acquisition of PLA, Deere & Company plans to purchase the PLA’s sprayers, planters, and specialty products for agriculture. PLA is an Argentina-based manufacturer of sprayers and specialty equipment for agriculture. The major players covered in the global fertilizing machinery market are Deere & Company, Kuhn Group, AGCO Corporation, Kubota Corporation, Lanco Equipment, CNH Industrial, Mahindra Tractors, Simonsen Industries, Crump Spreaders Australia, Gason, Salford Group. The countries covered in the global fertilizing machinery market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global fertilizing machinery market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global fertilizing machinery market is segmented - 1) By Product Type: Fertilizer Dryers, Fertilizer Screening Machines, Fertilizer Crushers, Fertilizer Granulators, Fertilizer Mixers 2) By Disc Type: Single Disc Fertilizer Spreaders, Double Disc Fertilizer Spreaders 3) By Application: Agriculture, Forestry, Greenbelt, Other

The industrial refrigeration equipment market consists of sales of industrial refrigeration equipment by entities (organizations, sole traders and partnerships) that produce industrial refrigeration equipment such as chillers, refrigeration compressors, condensers, cooling towers, and others, which are used in food, distillery, dairy and other industries. Only goods and services traded between entities or sold to end consumers are included. The global industrial refrigeration equipment market is expected to grow from $37.9 billion in 2020 to $38.84 billion in 2021 at a compound annual growth rate (CAGR) of 2.5%. 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 $50.37 billion in 2025 at a CAGR of 6.7%. The industrial refrigeration equipment market covered in this report is segmented by equipment type into condenser; compressor; evaporator; controls. The growth of the food and beverage processing industry especially in developing countries is expected to drive the industrial refrigeration equipment market. Globally, food and beverage processing is considered to be one of the largest industries. On average, 90% of the produced food is processed in developed countries such as the USA. High demand for processed and convenience meat products was witnessed in the last decade due to the changing and busy lifestyles of consumers. For the last five years, ranked fifth in the world in terms of production, consumption and exports, India’s food-processing sector is growing 8% annually. For instance, by 2024, according to a joint study by ASSOCHAM India and Grant Thornton UK, India's food processing sector is estimated to have the potential to attract $33 billion in investments and the total food production in India is estimated to double by 2024. To keep processed food products fresh and healthy, industrial refrigeration systems are required and the increasing consumption of processed foods is propelling the demand for industrial refrigeration systems and further supporting the market growth. Strict regulations imposed on the use of global warming potential (GWP) refrigerants due to global concerns are expected to restrain the growth of the refrigeration equipment market. Major greenhouse gases that are responsible for environmental concerns such as global warming are chlorofluorocarbon and hydrochlorofluorocarbons. Stringent regulations are being imposed by developing countries to overcome global environmental concerns. For instance, by 2030 according to the Montreal Protocol, full consumption phase-out of refrigerant with higher GWP to promote environmental health is aimed for in non-Article 5 countries. The Montreal Protocol has set limits for the HCFC consumption (or cap) at 10% cap in 2015, 0.5% cap in 2020 and full consumption phase-out in 2030. According to the EU F-Gases Regulation, from January 2020, the use of fluorinated greenhouse gases for servicing and maintaining refrigeration equipment with a charge size of 40 tons of CO2 equivalent [CO2e] or more, which are with global warming potential of 2,500 or more shall be prohibited. Under this, the permission for use of virgin HFCs with a GWP >2,500 for topping up and/or maintaining existing systems over onboard EU flagged ships is prohibited. Thus, strict regulations imposed over the use of GWP refrigerants due to global concerns are acting as a restraint for the market growth. The trend of adoption of environment-friendly refrigerants is increasing within the industrial refrigeration equipment market, which is expected to fuel the growth of the market. A major contribution towards environmental concerns such as ozone layer depletion and global warming are contributed by refrigerants as they absorb infrared radiation and retain it in the atmosphere. The environment-friendly refrigerants do not deplete the ozone layer in the atmosphere, do not contribute to global warming and have low Global Warming Potential (GWP). Halogen-based refrigerants face stringent regulations by governments of several countries and this is strengthening the use of environment-friendly refrigerants. For instance, in 2019, M&M Refrigeration and Carnot Refrigeration entered into a partnership to create eco-friendly refrigeration solutions. Therefore, the adoption of natural refrigerant-based equipment owing to stringent regulatory policies is another factor driving the industrial refrigeration system market growth. In 2020, Gardner Denver Holdings, Inc., a US-based global provider of industrial products such as compressors, blowers, and vacuum pumps, merged with Ingersoll Rand Industrial segment for an undisclosed amount. The newly combined company, named Ingersoll Rand Inc. is expected to be placed as one of the major global players in mission-critical flow creation and industrial technologies. Ingersoll Rand will produce mission-critical flow creation systems that include air compressors, pumps, blowers, Club Car brand of electric vehicles and systems for fluid management, loading and material handling. Ingersoll Rand is a US-based innovative company that provides mission-critical industrial, energy, specialty vehicle and medical products and services. The major players covered in the global industrial refrigeration equipment market are Johnson Controls Inc., Emerson Electric Co., United Technologies Corporation, Ingersoll-Rand plc, Lennox International Inc., Danfoss A/S, GEA Group AG, EVAPCO Inc., BITZER Kühlmaschinenbau GmbH, Mayekawa Mfg. Co. Ltd., Daikin Industries Ltd., Industrial Frigo SRL, Parker Hannifin Corp, Baltimore Aircoil Company, Güntner GmbH & Co. KG, Star Refrigeration Ltd., Hussmann Corporation, Clauger, Rivacold, Dorin, KOBELCO. The countries covered in the global industrial refrigeration equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global industrial refrigeration equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global industrial refrigeration equipment market is segmented - 1) By Equipment Type: Condenser, Compressor, Evaporator, Controls 2) By End-User Industry: Food and Beverage, Refrigerated Warehouse, Chemical, Petrochemical, Pharmaceutical, Refrigerated Transportation, Others 3) By Refrigerant Type: Ammonia, Carbon Dioxide, Hydrofluorocarbon

The material handling market consists of sales of material handling machinery by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing material handling machinery and equipment such as jib crane, pallet jack, vertical carousel, and others. Only goods and services traded between entities or sold to end consumers are included. The global material handling market is expected to grow from $83.85 billion in 2020 to $92.48 billion in 2021 at a compound annual growth rate (CAGR) of 10.3%. 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 $127.26 billion in 2025 at a CAGR of 8.3%. The material handling market covered in this report is segmented by type into automated guided vehicles; automated storage and retrieval systems; trucks and lifts; cranes; pallet racking; conveying systems; hoists; others. The growth of the material handling market witnessed growth owing to a rise in the e-commerce industry. According to the Census Bureau of the US Department of Commerce, retail e-commerce sales in the second quarter of 2020 hit $211.5 billion which is an increase of 31.8% from the first quarter of 2020. The increase in e-commerce is mostly driven by Covid-19 as people preferred shopping online rather than visiting any physical store. Rising e-commerce industry growth boosted the demand for material handling services and with this increase, the industry players in the material handling market are focusing on developing customized equipment and systems such as manufacturing engineered systems, smart warehousing, and remotely tracked transport vehicles. Therefore, the increase in online shopping is expected to drive the material handling market during the period. Safety is one of the major challenges in the material handling market in construction sites. In construction sites, material handling equipment is a major cause of accidents though safety measures are being followed and monitored continuously. Material handling involves diverse operations at the construction sites such as hoisting tons of steel with a crane, driving a truck loaded with bricks and concrete, or operating any other material handling equipment including hydraulic excavators, lifting devices, and conveyor systems and lack of operational experience results in the number of accidents and deaths. For instance, according to a study published by the Saudi Journal of Biological Sciences on August 2020, there were around 25.3% of accidents were caused due to material handling at construction sites of Jeddah city of Saudi Arabia. Lack of safety and inexperienced workers at the construction sites results in more accidents in material handling and this can impact the material handling market negatively. Lithium-ion technology is an emerging trend in the material handling market. Li-ion batteries are environmentally friendly and offer higher energy densities than lead-acid or nickel-metal hydride batteries. It can store more electricity and is mostly preferred for electric vehicles that are used in material handling. Additionally, Lithium-ion batteries are lightweight, charges quickly, and doesn’t require cool-down intervals. For instance, Flux Power Holdings, Inc., a prime developer of advanced Li-ion batteries, launched the LiFT Pack L48 Li-ion battery pack at MODEX 2020. The battery is specifically designed for 3-wheel forklifts which are used in narrow aisle and high-performance warehouses. The battery offers high capacity and also demands minimum maintenance. In April 2019, Daifuku Co. Ltd., a leading provider of material-handling equipment, acquired India-based Vega Conveyors & Automation Private Limited for an undisclosed amount. The acquisition will help Daifuku in setting up its Factory and Distribution Automation (FA&DA) division of its Indian subsidiary and also allow the expansion of manufacturing and distribution business segments within Asia. Vega Conveyors & Automation Pvt. Ltd. is a leader in producing ready, safe, and cost-effective systems in the field of conveying, material handling and packaging automation across industry segments. The major players covered in the global material handling market are Toyota Industries Corporation, Daifuku Co. Ltd., Beumer Group, Liebherr Group, Dematic Group, Jungheinrich AG, Columbus McKinnon Corporation, Eisenmann AG, Crown Equipment Corporation, Schaefer Systems International Pvt Ltd, Hyster-Yale-Materials Handling, Viastore Systems, Hytrol Conveyor Co, Carolina Material Handling Services, EMH. The countries covered in the global material handling market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global material handling market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global material handling market is segmented - 1) By Type: Automated Guided Vehicles, Automated Storage And Retrieval Systems, Trucks And Lifts, Cranes, Pallet Racking, Conveying Systems, Hoists, Others 2) By Operations: Assembly, Distribution, Transportation, Others 3) By End User: Food & Beverages, Automotive, Construction, Consumer Goods & Electronic, Pharmaceuticals, E-Commerce, Others