Sharp Corporation Is One Of The Largest Players In The Commercial Fan And Air Purification Equipment Market, According To The Business Research Company’s Commercial Fan And Air Purification Equipment Global Market Report 2020-30: Covid 19 Impact And Recovery
(Companies Covered: Sharp Corporation, Panasonic Corporation, Daikin Industries, Honeywell International, Philips Electronics N V)
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 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 compound annual growth rate 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.
Global Commercial Fan And Air Purification Equipment Market Segmentation –
1) By Type: Air Purification Equipment, Attic And Exhaust fans, Others – Commercial Fan And Air Purification Equipment
2) By Technology Type: High Efficiency Particulate Absorption/Absorber (HEPA, Activated Carbon, Electrostatic Precipitator, Ultra Violet (UV) Light air purifier, Ionic Air Purifier, Others
3) By Capacity: Small, Medium, Large
Global Commercial Fan And Air Purification Equipment Market Driver –
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.
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Few Points From The Global Commercial Fan And Air Purification Equipment Market TOC
1. Executive Summary
2. Report Structure
3. Commercial Fan And Air Purification Equipment Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Commercial Fan And Air Purification Equipment Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
5. Commercial Fan And Air Purification Equipment Market Supply Chain
5.1. Supply Chain
5.2. Distribution
6. Commercial Fan And Air Purification Equipment Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Commercial Fan And Air Purification Equipment Market Trends And Strategies
8. Commercial Fan And Air Purification Equipment Market Size And Growth
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