Commercial fans are machines whose
main function is to provide & accommodate a huge flow of air to various
parts of a building or other structures. Air purification is a noiseless device
or product which removes contaminants or pollutants from the air in a room. Air
purification is used to expel or control the air contaminants, to give clean
air in a room and polluting influences from the air or as per the requirements
of the end users. It requires less provision & servicing. It is used on
large basis in industries, residential sectors and commercial areas due to the
great benefits of expulsion of hazardous pollutants, impurities and supplying
clean air.
According to study, “Commercial
Fan And Air Purification Equipment Manufacturing Global Market Report 2019”
the key companies operating in the global commercial fan and air purification
equipment manufacturing market are Sharp Corporation, Daikin Industries Ltd.,
Panasonic Corporation, Philips Electronics N V, Honeywell International Inc.,
Electrocorp, SPX Flow, 3M Company, LG Electronics, Mann+Hummel GmbH, Parker
Hannifin Corporation (Clarcor Inc.), Fumex Inc., 3nine AB, Eureka Forbes,
Camfil Air Pollution Control (APC), Air Products and Chemicals, Inc., Whirlpool
Corporation, Nederman, Keller Lufttechnik GmbH + Co. KG, AFS Air Filter Systeme
GmbH, Alfa Laval AB, LTA Industrial Air Cleaning, Absolent AB, Clean Teq
Holdings Limited. The Key companies are emphasizing on strengthening their
regional occurrence by collaborating with other players offering similar
products or services to expand their market presence and accomplish a
competitive advantage over peers.
Based on impurity type, global
commercial fan and air purification equipment manufacturing market is segmented
into oil & mist, fume extraction, smoke collector, dust collector and
others (pollen grains). Based on technology type, market is segmented into High
Efficiency Particulate Absorption/Absorber (HEPA), activated carbon,
electrostatic precipitator, Ultra Violet (UV) light air purifier, ionic air
purifier and others (kitchen ventilation systems etc.). Based on product type,
market is segmented into attic & exhaust fans, air purification equipment
and others. Based on devices type, market is segmented into oil mist
collectors, dust collectors, Cartridge Collectors & Filters (CC & F),
welding fume extractors, bag-house filters, wet scrubbers and dry scrubbers. In
addition, based on end-use, market is segmented into metals, pharmaceuticals,
food, cement, agriculture, power, paper or pulp & woodworking and plastic
etc.
The commercial fan and air
purification equipment manufacturing market is driven by increase in
infrastructure & industrial activities, followed by rise in awareness
related to adverse effects of poor Indoor air quality (IAQ), exploration of
shale oil, increase in need to achieve energy efficiency, rise in technological
advancements, stringent government regulations and rapid urbanization &
population growth. However, unstable metal prices and regulations surrounding
carbon emissions may impact the market. Moreover, increase in integrating
Internet of Things (IOT) technology because of rise in demand for real time insights
is a key trend for market.
Based on geography, the
Asian-Pacific region holds largest share in commercial fan and air purification
equipment manufacturing market owing to low labor & infrastructure costs in
the region. Western-European region is expected to witness higher growth rate
due to presence of several small-scale businesses over the forecast period. In
upcoming years, it is estimated that the market will be reached at a fast pace
on account of increase in per capita income and rapid industrialization.
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