openPR Logo
Press release

Increasing Incidences of Asthma and COPD Owing to Surged Air Pollution Levels to Drive Ventilation Equipment Market Growth

Increasing Incidences of Asthma and COPD Owing to Surged Air

Long-term respiratory disorders coupled with premature deaths associated with increasing air pollution is a startling factor driving adoption of ventilation systems. Persistence Market Research (PMR), in its report, delivers key insights about global ventilation equipment market. In 2017, the global ventilation equipment market will reach US$ 24,917.5 Mn in revenues; by 2025 this number is estimated to reach nearly US$ 40,000 Mn, expanding at 5.5% CAGR.

Increasing Incidences of Asthma and COPD Owing to Surged Air Pollution Levels to Drive Market Growth

Air pollution levels have surged exponentially in the recent past, resulting into increased cases of asthma and chronic obstructive pulmonary disorders (COPD). According to World Health Organisation (WHO), over 3 Mn premature deaths are reported each year caused by respiratory conditions. In addition, according to Nature Journal particle sizes PM 2.5 and PM 10 present in the air are inhaled deep into lungs, leading to incidences of strokes and heart attacks. Ventilation equipment renders removal of air pollutants and particles, improving ambient air quality in both industrial and commercial workspaces. Moreover, stringent government and environmental regulations have been implemented owing to growing concerns about health and safety of industrial work force. These factors are estimated to propel market growth.

Request Report TOC @ https://www.persistencemarketresearch.com/methodology/16330

Exaggerated Marketing by New Entrants to Mislead Customers in Purchasing Ventilation Products

However, exaggerated marketing by new entrants has resulted into confusion among customers. Variety of options, sizes and prices offered by these players have been misleading customers in purchasing ventilation products. This is expected to spread mistrust and impede adoption of ventilation products, especially across developing economies, where absence of awareness about such products already persists.

Based on equipment type, air filter are expected to remain sought-after among end-users, followed by air purifiers. By 2025, demand for air filter in the market is projected to surpass 8,000,000 units, expanding at 5.3% CAGR in terms of volume. In addition, sales of axial fans are projected to exhibit second highest CAGR through 2025.

Industrial Application of Ventilation Equipment to Account for over 70% Market Share by 2025-end

Industrial application of ventilation equipment are expected to account for over 70% share of the market value, with revenues pegged to reach nearly US$ 30,000 Mn by 2025. Robust adoption of ventilation equipment by manufacturing sector, catering to needs of commercial and residential sectors, is expected to drive demand for ventilation equipment from industrial application. In addition, non-industrial application of ventilation equipment is projected to witness highest CAGR of 6.1%.

Request for sample report: https://www.persistencemarketresearch.com/samples/16330

Asia Pacific (APAC) will remain the largest market for ventilation equipment. Market in this region was evaluated at US$ 10,101.7 Mn in 2016; by 2025 it is estimated to reach US$ 20,000 Mn, expanding at 7.3% CAGR. Availability of cost-effective land and labor, coupled with surging construction rate and lifestyle of people is driving growth of the market in this region. In terms of value, North America and Middle East & Africa (MEA) are expected to exhibit parallel expansion at 4.5% CAGR through 2025. In addition, leading manufacturers are gaining a firm foothold in Western Europe, which in turn is estimated to drive market growth in Europe by 2025-end.

Key players identified in PMR’s report include Daikin Industries, Ltd., Lennox International Inc., Takasago Thermal Engineering Co. Ltd., Systemair AB, Totech Corporation Inc., Greenheck Fan Corporation, Air System Components Inc., Gree Electric Appliances Inc. of Zhuhai, Nuaire, CECO Environmental Corp., Crompton Greaves Consumer Electricals Ltd., Kruger Ventilation Industries Pte Ltd., Airflow Developments Limited, Maico Elektroapparate-Fabrik GmbH, Schaefer Ventilation Equipment, LLC, Envirovent Ltd., Manrose Manufacturing Ltd., Stamm International Corporation, Zibo Lihua Ventilation Equipment Co. Ltd., VES Andover Ltd.

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Increasing Incidences of Asthma and COPD Owing to Surged Air Pollution Levels to Drive Ventilation Equipment Market Growth here

News-ID: 1544185 • Views:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for Air

Thermoelectric Assemblies Market, By Type (Air to Air, Direct to Air, Liquid to …
The thermoelectric assemblies market is expected to witness market growth at a rate of 8.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on thermoelectric assemblies market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the application of thermoelectric assemblies in the food and beverage industry
Air Medical Services Market 2019 Development Status - EMS 24-7, Air Methods, PHI …
Global Air Medical Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024 offers a stronger and effective business outlook. The report deals with a complete overview of Air Medical Services market which comprises definitions, a wide range of statements and an entire chain structure. The report delivers an in-depth analysis of different attributes of industries such as trends, developments, policies, and clients operating in different regions. The
Air Ambulance Services Market 2019 AMR PHI Air Medical Scandinavian Air Ambulanc …
Air medical services is a comprehensive term covering the use of air transportation, airplane or helicopter, to move patients to and from healthcare facilities and accident scenes. Personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft. Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2398576
Air Ambulance Services Market 2026: Air Methods Corporation, Deccan Charters, Sc …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. Publisher’s Air Ambulance Services market research report provides the newest industry data and industry future trends, allowing you to identify the products and
Air Ambulance Services Market Growth, & Key Business Strategies by Leading Indus …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Air Ambulance ServicesSpeaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in North