Press release
Commercial Fan And Air Purification Equipment Market 2020-2030 Expected To Grow With Highest CAGR
Commercial Fan And Air Purification Equipment Market
The global commercial fan and air purification equipment market is expected to decline from $71.6 billion in 2019 to $68.2 billion in 2020 at a compound annual growth rate (CAGR) of -4.8%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach $85.5 billion in 2023.
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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.
The commercial fan and air purification equipment companies are increasingly integrating IOT technology due to growing demand for real time insights. The Internet of things is the inter-networking of physical devices embedded with software, sensors and network connectivity which enable these objects to collect and exchange data. Using IOT, commercial fan and air purification equipment systems are closely monitored and controlled from remote locations. Real time monitoring, predictive maintenance, remote diagnostics, system adaptation, continuous comfort, increased efficiency, focus on user experience are some of the features of IoT enabled commercial fan and air purification equipment.
Commercial Fan And Air Purification Equipment Market Segmentation:
By Type
1.Air Purification Equipment
2.Attic And Exhaust fans
3.Others - Commercial Fan And Air Purification Equipment
By Technology Type:
1.High Efficiency Particulate Absorption/Absorber (HEPA
2.Electrostatic Precipitator
3.Ultra Violet (UV) Light air purifier
4.Ionic Air Purifier
5.Activated Carbon
6.Others
By Capacity:
1.Small
2.Medium
3.Large
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Commercial Fan And Air Purification Equipment Market Characteristics
4. Commercial Fan And Air Purification Equipment Market Product Analysis
5. Commercial Fan And Air Purification Equipment Market Supply Chain
……
20. Key Mergers And Acquisitions In The Commercial Fan And Air Purification Equipment Market
21. Market Background: Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
The report covers the trends and market dynamics of the commercial fan and air purification equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the commercial fan and air purification equipment market are Sharp Corporation, Panasonic Corporation, Daikin Industries, Honeywell International, Philips Electronics N V
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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 after WHO declared COVID-19 as a pandemic.
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