This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Gasping For Air: Growth In Demand From a Recovering Industrial Sector is Expected to Contribute to Industry Revenue Growth
The Air Purification Equipment Manufacturing industry primarily manufactures stationary air purification equipment used in residential, commercial and industrial structures. Through 2023, the industry has faced mounting volatility. Purifier sales largely depend on industrial production and construction activity. Despite volatility, the industry will grow at an expected CAGR of 0.7% to $7.6 billion over the five years to 2023, despite an estimated 1.9% contraction in 2023. The industry benefited from high growth in 2021 as the economy recovered from the trade disruptions and COVID-19 problems in 2020.
Establishments in this industry primarily manufacture stationary air purification equipment. These devices include industrial dust and fume collection equipment, electrostatic precipitation equipment, warm air furnace filters and air washers among other dust collection equipment.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Honeywell International Inc.
- Lennox International Inc.
Methodology
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