Commercial Fan and Air Purification Equipment Global Market Report 2024

The commercial fan and air purification equipment market size has grown strongly in recent years. It will grow from $78.62 billion in 2023 to $85.7 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth observed in the historical period can be attributed to technological advances and growing concerns among workers regarding the poor quality of air in workplaces.

The commercial fan and air purification equipment market size is expected to see strong growth in the next few years. It will grow to $118.33 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. Forecasted growth is driven by climate changes, COVID-19 impact, and stringent air pollution regulations. Key trends include the development of smart and energy-efficient commercial fan and air purification equipment, alongside potential M&A strategies for customer base expansion.

Technological advancements in commercial fan and air purification equipment played a significant role in shaping the market during the historical period. The surge in internet accessibility and smartphone usage fostered the development and adoption of innovative, technology-driven appliances. Notably, the GSMA annual State of Mobile Internet Connectivity Report 2022 revealed that by the conclusion of 2021, 55% of the global population had embraced mobile internet usage, marking an increase of nearly 300 million users from the prior year. This surge in technological enhancements notably influenced the commercial fan and air purification equipment market.

Anticipated growth in the commercial fan and air purification equipment market is expected to be driven by a heightened consciousness regarding indoor air quality. Various awareness campaigns have been initiated to educate individuals about the significance of indoor air quality and the measures that can be taken to enhance it. For instance, in April 2023, the US Environmental Protection Agency (EPA) launched an Air Quality Awareness Week toolkit aimed at fostering community awareness about air quality matters. The event intends to inform people about the root causes of poor air quality and ways to prepare for and address environments with subpar air conditions. Consequently, this mounting awareness regarding indoor air quality is anticipated to contribute to the expansion of the commercial fan and air purification equipment market.

The growing popularity of smart air purifiers is a major trend in the market. With air pollution increasing across the world, a growing awareness of allergies, pollution, and climate change is increasing consumer concern about the quality of the air they breathe. As a result, air purifiers are growing in popularity. Smart air purifiers are devices that are connected to other devices via the internet, and other technologies such as Bluetooth, near field communication (NFC), and Wi-Fi. The rise of the Internet of Things (IoT) technology also supports the development of smart air purifiers. Smart air purifiers allow the air quality to be monitored and managed from a smartphone application, which provides a live reading of quality data. For instance, in November 2022, Samsung India Electronics Ltd. (SIEL), a subsidiary of Samsung Electronics Company Ltd (SECL) of South Korea Samsung India Electronics Ltd. (SIEL), a subsidiary of Samsung Electronics Company Ltd (SECL), a Korea-based technology company, launched two models of air purifiers, AX46 and AX32. These purifiers are Internet of Things (IoT)-enabled and remove nanoparticles, ultrafine dust, bacteria, and allergens.


Major companies operating in the commercial fan and air purification equipment market are focusing on developing innovative products, such as portable air purifiers to sustain their position in the market. Portable air purifiers significantly reduce allergens, dust, pet dander, and other airborne particles, making the air cleaner and healthier to breathe and are becoming increasingly popular due to their ability to improve indoor air quality on the go. For instance, in July 2023, Conair, a US-based personal care product company launched a new mini portable air purifier and it cost $40. At just 3.8 inches by 5.3 inches and weighing less than 1 pound, the compact device is ideal for small living spaces, travelling, and moving from room to room and can be placed on the desk while working.


Major companies operating in the commercial fan and air purification equipment market report are 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.

The Asia-Pacific was the largest region in commercial fan and air purification equipment in 2023. 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.

The countries covered in the commercial fan and air purification equipment market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa. The commercial fan and air purification equipment market consists of sales of industrial dust and fume collection equipment, electrostatic precipitation equipment, warm air furnace filters, air washers, and other dust collection equipment, and blowers, such as commercial exhaust fans and commercial ventilating fans. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.


The primary types include air purification equipment, attic and exhaust fans, and others. Air purification equipment is machinery designed to purify impure air using technologies such as high-efficiency particulate absorption/absorber (HEPA), activated carbon, electrostatic precipitator, ultraviolet (UV) light air purifier, ionic air purifier, and more. Capacities for these devices range from small to medium and large.

The commercial fan and air purification equipment market research report is one of a series of new reports that provides commercial fan and air purification equipment market statistics, including commercial fan and air purification equipment industry global market size, regional shares, competitors with a commercial fan and air purification equipment market share, detailed commercial fan, and air purification equipment market segments, market trends and opportunities, and any further data you may need to thrive in the commercial fan and air purification equipment industry. This commercial fan and air purification equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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