Press release
Global Commercial Fan And Air Purification Equipment Market Share to Reach $123.91 Billion by 2029, Growing at 8.1% CAGR
Commercial Fan And Air Purification Equipment Market Share
The progression in technology pertaining to commercial fans and air cleaning devices was a significant driver for the market in the historical era. The amplified availability of the internet and use of smartphones bolstered the creation and utilization of novel, technology-integrated devices. For instance, in February 2024, the International Telecommunication Union (ITU), an information and communication technology-specialized agency based in Switzerland, reported that about 5.4 billion individuals, accounting for 67 percent of the global population, were using the internet in 2023. This represented a formidable growth of 45 percent compared to 2021. Therefore, the surge in technological progression propelled the air purifier market during the historic phase.
Get Your Commercial Fan And Air Purification Equipment Market Report Here:
https://www.thebusinessresearchcompany.com/report/commercial-fan-and-air-purification-equipment-global-market-report
How will the growth rate of the commercial fan and air purification equipment market shape industry trends by 2034?
In recent years, a significant increase has been observed in the size of the commercial fan and air purification equipment market. The market, anticipated to rise from $83.52 billion in 2024 to $90.89 billion in 2025, predicts a compound annual growth rate (CAGR) of 8.8%. This notable expansion during the historic era is credited to technological innovations and mounting worries of employees regarding inadequate air quality at their workplaces.
There's a prediction for substantial expansion in the commercial fan and air purification equipment market in the upcoming years. By 2029, it's anticipated to reach $123.91 billion, growing at a Compound Annual Growth Rate (CAGR) of 8.1%. The growth expected during the forecast period is attributed to factors such as alterations in climate conditions, the impact of COVID-19, and rigorous regulations on air pollution in the industrial and commercial sectors. Noteworthy trends during the forecast period include an emphasis on the production of smart commercial fans and air purification equipment to maximize changing trends and the increasing popularity of these products, with the aim to boost revenues. There is also a focus on the development of energy-efficient fans and air purification equipment and VOD systems, and an increased attention to M&A growth tactics to broaden their consumer base.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3573&type=smp
What trends are poised to drive the future success of the commercial fan and air purification equipment market?
The increasing demand for smart air purifiers is a significant trend in the market. As the level of air pollution around the globe rises, so does the public's awareness of allergies, pollution, and climate change, leading to heightened concern about air quality. This concern is driving a surge in the popularity of air purifiers. Smart air purifiers are unique devices integrated with other gadgets through the internet, along with other functionalities like Bluetooth, near-field communication (NFC), and Wi-Fi. The emergence of Internet of Things (IoT) technology further bolsters the expansion of smart air purifiers. These devices offer air quality monitoring and management accessible through a smartphone app, presenting data on air quality in real time. For instance, in November 2022, two models of air purifiers, AX46 and AX32, were launched by Samsung India Electronics Ltd. (SIEL), a division of the Korea-based organization, Samsung Electronics Company Ltd (SECL). These purifiers, embedded with IoT technology, help to eradicate nanoparticles, ultrafine dust, bacteria, and allergens.
Which primary segments of the commercial fan and air purification equipment market are driving growth and industry transformations?
The commercial fan and air purification equipment market covered in this report is segmented -
1) By Type: Air Purification Equipment, Attic And Exhaust fans, Other Commercial Fan And Air Purification Equipment
2) By Range: Less Than 200 Square Ft, 200 - 400 Square Ft, More Than 400 Square Ft.
3) By Capacity: Small, Medium, Large
Subsegments:
1) By Air Purification Equipment: HEPA Air Purifiers, Activated Carbon Air Purifiers, UV-C Light Air Purifiers, Ionizers and Ozone Generators, Electrostatic Precipitators
2) By Attic and Exhaust Fans: Gable Attic Fans, Roof-Mount Attic Fans, Whole House Exhaust Fans, Bathroom Exhaust Fans, Kitchen Exhaust Fans
3) By Other Commercial Fans And Air Purification Equipment: Ceiling Fans, Pedestal Fans, Wall-Mounted Fans, Industrial Exhaust Fans, Blower Fans, Portable Air Purifiers And Fans
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=3573
Which geographical regions are pioneering growth in the commercial fan and air purification equipment market?
Asia-Pacific was the largest region in commercial fan and air purification equipment in 2024. Western Europe was the second largest region in the commercial fan and air purification equipment. The regions covered in the commercial fan and air purification equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the commercial fan and air purification equipment market landscape?
Major companies operating in the commercial fan and air purification equipment market include ebm-papst Group, Systemair, Sharp Corporation, CECO Environmental Corporation, Johnson Controls International plc, FlktGroup, Twin City Fan & Blower, Greenheck Fan Corporation, Munters, Volution Group plc, Daikin Industries Ltd, LG Electronics Inc, Panasonic, Xiaomi Corporation, Coway, Sunbeam Products Inc, YADU, Midea, Beiangtech, Air 0 Limited, Jimco A/S, Dry IT Out Limited, Air Concern Limited, Bench Vent, Respr Technologies, ABIOTEC UV, Dyson Ltd, IQ Air, Honeywell International Inc, Camfil, Koninklijke Philips Electronics NV, Blue Air, Electrolux, Lexy, Whirlpool Corp, Teqoya, Dexwet Holdings Corporation, Lennox International Inc, Air Purification Incorporated, Americair Corporation, Austin, Wynd Technologies, Samsung Electronics America.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=3573&type=smp
What Is Covered In The Commercial Fan And Air Purification Equipment Global Market Report?
•Market Size Forecast: Examine the commercial fan and air purification equipment market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the commercial fan and air purification equipment market for a structured understanding.
•Key Players Overview: Analyze major players in the commercial fan and air purification equipment market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the commercial fan and air purification equipment market.
•Segment Contributions: Evaluate how different segments drive overall growth in the commercial fan and air purification equipment market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the commercial fan and air purification equipment market.
•Industry Challenges: Identify potential risks and obstacles affecting the commercial fan and air purification equipment market.
•Competitive Landscape: Review strategic developments in the commercial fan and air purification equipment market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Global Commercial Fan And Air Purification Equipment Market Share to Reach $123.91 Billion by 2029, Growing at 8.1% CAGR here
News-ID: 3898187 • Views: …
More Releases from The Business Research Company
Outlook for the Ready To Drink (RTD) Alcoholic Beverages Market: Major Segments, …
The ready-to-drink (RTD) alcoholic beverages market is on track to experience significant growth over the coming years, driven by evolving consumer preferences and industry innovations. This sector is rapidly expanding as more consumers seek premium, convenient, and sustainable options in their alcoholic beverage choices. Let's explore the market's projected size, key drivers, major players, emerging trends, and segmentation details shaping its future.
Projected Expansion and Market Size of the Ready To…
Emerging Sub-Segments Transforming the Pumpkin Seed Protein Market Landscape
The pumpkin seed protein market is emerging as a promising sector within the broader landscape of plant-based proteins. With increasing consumer interest in alternative, allergen-free protein sources and sustainable nutrition, this market is set to witness substantial growth and innovation. Let's explore the market size projections, key players, current trends, and major product segments shaping the future of pumpkin seed protein.
Projected Market Valuation and Growth Expectations for Pumpkin Seed Protein…
Top Players and Market Competition in the Protein Hydrolysates Industry
The protein hydrolysates market is positioned for significant expansion in the coming years as consumer preferences and nutritional science continue to evolve. With increasing attention on tailored nutrition solutions and the rise of plant-based options, this market is gearing up for robust growth and innovation.
Protein Hydrolysates Market Size Projections Through 2030
The protein hydrolysates market is forecasted to grow substantially, reaching a value of $7.25 billion by 2030. This…
Processed Meat Market Overview: Major Segments, Strategic Developments, and Lead …
The processed meat industry is positioned for substantial expansion over the coming years, driven by evolving consumer preferences and technological advancements. As the market adapts to changing demands and regulatory landscapes, it is expected to reach impressive valuation milestones. Let's explore the current market size, key players, emerging trends, and detailed segment analyses shaping this sector's future.
Forecasted Market Size and Growth Trajectory of the Processed Meat Market
The processed…
More Releases for Fan
Fan Engagement
The new report published by The Business Research Company, titled ""Fan Engagement Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the fan engagement market size has grown exponentially in recent years. It will grow from $5.54 billion in…
Home Ceiling Fan Market Statistical Forecast, Trade Analysis 2023 -Fanimation, C …
The latest research on "Home Ceiling Fan Report 2023" offered by MRA provides a comprehensive investigation into the geographical landscape, industry size along with the revenue estimation of the business. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the "Market".
The global Home Ceiling Fan market size was valued at USD 12.90 billion in 2022 and is anticipated to grow at…
Home Ceiling Fan Market Know Faster Growing Segments Now: Fanimation, Casablanca …
Latest Study on Industrial Growth of Global Home Ceiling Fan Market 2023-2029. A detailed study accumulated to offer the Latest insights about acute features of the Home Ceiling Fan market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the…
Global Home Ceiling Fan Market 2020 Business Strategies – Fanimation, Casablan …
The market report titled “U.S. Home Ceiling Fan Market by Type (Decorative, Energy Saver, High Speed, Designed With Light, Four Blade and Others) – U.S. Industry Perspective, Comprehensive Analysis, and Forecast, 2015 – 2021” and published by Zion Market Research will put forth a systematizedevaluation of the vital facets of the global Home Ceiling Fan Market market. The report willfunction as a medium for the better assessment of the existing…
Global Home Ceiling Fan Market 2018 |Growth With Top Manufactures: Fanimation, C …
Research Reports Inc added new report ‘Global Home Ceiling Fan Market Growth 2018-2023’which includes market scope, Trends, Research methodology & outlook.
The major component of Home Ceiling Fan is mounting hardware, patented EC motor, airfoils, LED mount, patented LED module and lens diffuser. Different types of ceiling fans can be selected depending on the size of the room. There are many types and styles of ceiling fans.
Get Sample Copy…
Explosion-proof Fan Market to Witness Huge Growth by 2025 | Panasonic, Cincinnat …
HTF MI recently introduced Global Explosion-proof Fan Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are CCI Thermal Technologies, Elektror, Rosenberg Ventilatoren GmbH, Americraft Manufacturing, Panasonic, Cincinnati…
