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 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 autonomous mining equipment market consists of sales of autonomous mining equipment that works on wireless communication technologies and electronic tracking (CT) systems. Autonomous equipment involves minimal human intervention and helps in safe and productive mining and transportation of ores and other materials. The market consists of revenue generated by the companies manufacturing autonomous mining equipment by the sales of these products. The global autonomous mining equipment market is expected grow from $2.28 billion in 2020 to $2.81 billion in 2021 at a compound annual growth rate (CAGR) of 23.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while 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 $3.44 billion in 2025 at a CAGR of 5%. Rising concerns regarding miner's safety are driving the autonomous mining equipment market. Mining is a dangerous profession with hazards such as fires, flooding, mine collapse, and health risks such as respiratory diseases, hearing loss, musculoskeletal disorders and heat stress. Introducing autonomous equipment such as robotic loaders, laser sensors and driverless trucks can help ensure workers’ safety. For instance, mining company Rio Tinto is using 73 driverless trucks in four of its iron mines in Australia to improve worker safety. More autonomous mining equipment are employed to minimize human intervention and thereby reduce accidents. Therefore, rising concerns regarding the safety of mine workers are expected to drive this market. Autonomous mining equipment companies have recently been affected by the COVID-19 outbreak. The global pandemic has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities, thereby, affecting the entire mining industry. Mining companies are resorting to production slowdown, operations shut down, and workforce demobilization, due to which the scale of productivity has dropped. Many mines have already implemented autonomous mining technology; however, practically, the mining activity is not possible without human intervention. Moreover, the continuous lock-down in many areas resulted in supply disruption, reduced sales and reduced demand for end-user industries, negatively affecting profit margins of autonomous mining equipment companies and limiting the growth of the market. The autonomous mining equipment covered in this report is segmented by type into autonomous hauling/mining trucks; autonomous drilling rigs; underground LHD loaders; tunneling equipment; other and by application into metal; coal; others. Judgment errors are expected to limit the growth of the autonomous mining equipment market. Incidence of accidents may take place and it often fails to give expected outcomes as they lack flexibility and are unable to handle unanticipated situations. Passive operations fail to take corrective actions in equipment malfunctioning which may result in accidents and losses. Implementing data analytics such as artificial intelligence, machine learning, Internet of Things (IoT)-embedded systems, and other analytics in mining systems is a key trend in the autonomous mining equipment market. Artificial intelligence (AI) is helping to transform the mining industry into a safer, more profitable, and more environmentally friendly industry. AI can analyze vast quantities of data to better predict where to find better resources, along with minimizing errors. IoT system advances in mining equipment are making extraction cheaper without deteriorating existing grades. All of these changes are helping the industry improve its efficiency from mine to market. In June 2019, Komatsu Ltd has agreed to acquire Immersive Corporation which is a global mining technology and workforce optimization firm for undisclosed amount. Immersive develops, manufactures and sells mining equipment simulators for training machine operators for surface and underground mines. By integrating Immersive Corporation’s solutions, Komatsu will further contribute to improving mining customer's safety and productivity and to optimizing their operations. This acquisition is expected to support both Immersive Technologies and Komatsu in offering unrivaled service and products to their customers. The major players covered in the global autonomous mining equipment market are Caterpillar, Komatsu, Rockwell Automation, Hitachi, Sandvik, Hexagon, Atlas Copco. The countries covered in the global autonomous mining equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global autonomous mining equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global autonomous mining equipment market is segmented - 1) By Type: Autonomous Hauling/Mining Trucks, Autonomous Drilling Rigs, Underground LHD Loaders, Tunneling Equipment, Others 2) By Application: Metal, Coal, Others

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 autonomous farm equipment market consists of sales of autonomous farm equipment and related services for agriculture, horticulture, animal husbandry, and forestry. Within a unified framework, autonomous farming is the modeling and regulation of agricultural machinery. These farming technologies use the on-farm sensing and control power of automated farming equipment to reach agronomy-based targets. The global autonomous farm equipment market is expected grow from $62.31 billion in 2020 to $74.03 billion in 2021 at a compound annual growth rate (CAGR) of 18.8%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while 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 $127.3 billion in 2025 at a CAGR of 15%. The autonomous farm equipment market covered in this report is segmented by product type into tractors, harvesters, unmanned aerial vehicles (UAVs), others. The increasing use of autonomous tractors is a key factor driving the growth of the autonomous farm equipment market. Autonomous tractors use a number of sophisticated systems and sensors which would possess an effective self-driving vehicle, and by incorporating these advanced systems in run-of-the-mill farming, farmers will experience positive technological effect in the workplace. Alternatively, autonomous tractors can be set up to function as mobile hotspots to collect data from sensors in the field. Also, about 34.5% of the global demand for autonomous farm machinery will retain 31–100 HP output capacity of farm tractors in 2026. Therefore, the demand for autonomous tractors is expected to drive the growth of the autonomous farm equipment market. The fear of unemployment due to automation is a key factor hampering the growth of the autonomous farm equipment market. The developments in AI and robotics would have a significant impact on regular working lifestyles, comparable to the change away from agricultural societies during the industrial revolution. In the US alone, between 39 and 73 million jobs will be automated, representing approximately a third of the total workforce. A recent study estimates that as many as 800 million jobs will be lost to automation worldwide by 2030. Therefore, concerns about the rise in unemployment due to automation are expected to hinder the growth of the autonomous farm equipment market. In November 2019, Raven Industries Inc., a USA-based leader in precision agriculture, high-performance specialty films and lighter-than-air technologies, acquired Smart Ag Inc. for an undisclosed amount. Through this acquisition, Raven Industries Inc. will be integrated into the division’s business and technology portfolio with the intent to create autonomous solutions for the precision agriculture market. Smart Ag Inc. is a USA-based technology company that develops autonomous farming solutions for agriculture. The major players covered in the global autonomous farm equipment market are Claas KGaA GmbH, Deutz Fahr, AGCO Corporation, John Deere, Case IH, Agrobot, Autonomous Tractor Corporation, Yanmar, Iseki & Co., Kubota, Bobcat, Agribotix, Agricultural Solutions Ltd, Harvest Automation, Mahindra, Energid, Autonomous Solutions, Agritronics, Kinze Manufacturing, SDF S.p.A., RowBot Systems LLC, Robotic Harvesting LLC, Jaybridge Robotics, Agrobotics AutoProbe, Naio Technologies, New Holland Agriculture, CNH Industrial N.V. The countries covered in the global autonomous farm equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global autonomous farm equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global autonomous farm equipment market is segmented - 1) By Product Type: Tractors, Harvesters, Unmanned Aerial Vehicles (UAVs), Others 2) By Technology: Partially Autonomous, Fully Autonomous 3) By Application: Agriculture, Horticulture, Animal Husbandry, Forestry, Others

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 industrial robots in warehousing and storage market consist of sales of the automated robots, systems which are used in warehouse and related services. Warehouse and storage robots perform various tasks, automate the warehouse process. Industrial robots in warehousing and storage are used to do tasks such as lift and arrange heavy products that are to be stored in racks or given spaces. The global industrial robots (warehousing and storage robots) market is expected grow from $2.98 billion in 2020 to $3.7 billion in 2021 at a compound annual growth rate (CAGR) of 24.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while 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 $6.15 billion in 2025 at a CAGR of 14%. The industrial robots market covered in this report is segmented by product type into mobile robots; articulated robots; cylindrical robots; scara robots; parallel robots; cartesian robots. Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market. The increase in movement of goods is due to the boom in the E-commerce industry and their commitment of shortest-time delivery. Industrial robots are used to speed up the process in warehouses and storage industry. For instance, shopify started using warehouse robots in 2019 to reduce the delay in the movement of goods in the warehouse, increasing the speed of the delivery. Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market. The high cost of the industrial robots limits the growth of the market. Industrial robots are capital intensive due to the use of the latest technology and sensors to operate efficiently and should withstand the weights. The cost of the setup for a warehouse operation of 50-100 robots costs between $2 million to 4 million which is a high investment. This high cost of robots prevents the easy adoption of industrial robots, limiting the growth of the market. The picking process in the warehouse is increasingly being automated with increased demand in E-commerce industry, to reduce the pickup time of items. The automated robot gathers items and brings it to a central location, where an employee can fulfill orders fast. For instance, Ocado, a British supermarket started using a grid of picking robots in the warehouse that picks the ordered items and delivers into crates, which are moved onto conveyors and is carried to shelves where an employee picks the crate and delivers the order to the customer helping in delivering the groceries fast. In April 2019, Amazon has acquired Canvas Technology based in Boulder, USA for an undisclosed amount. The deal adds another important piece to amazon's robotics group portfolio of fulfillment of center machines. The canvas autonomous cart utilizes 3D imaging and software solutions that can be applied to other hardware. Canvas Technology is an autonomous warehouse robotic start up. The major players covered in the global industrial robots (warehousing and storage robots) market are ABB, Amazon, Yaskawa Electric Corp, Honeywell Intelligrated, Omron Corporation, Fetch Robotics, Inc., Fanuc Corp, Bastian Solutions, Yamaha Robotics, Siemens AG., Locus Robotics, Daifuku Co., Ltd., Dematic, KNAPP AG. The countries covered in the global industrial robots (warehousing and storage robots) market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global industrial robots market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global industrial robots (warehousing and storage robots) market is segmented - 1) By Product Type: Mobile Robots, Articulated Robots, Cylindrical Robots, SCARA Robots, Parallel Robots, Cartesian Robots 2) By Function: Pick & Place, Palletizing & De-palletizing, Transportation, Packaging 3) By Application: E-commerce, Automotive, Consumer Electronics, Food & Beverage, Healthcare, Others