The commercial fan and air purification equipment manufacturing market is primarily engaged in manufacturing blowers for general industrial and commercial use, and commercial exhaust, ventilating, and attic fans. It also includes manufacturers of duct collection equipment and other air purification equipment for heating and air conditioning systems and equipment for industrial gas cleaning systems.
The global commercial fan and air purification equipment manufacturing market was valued at $73.3 billion in 2017. Western Europe was the largest geographic region accounting for 36% of the global market. This was mainly due to the large number of industries, data centers, and offices in the region, demanding large-scale ventilation and heating systems. Asia Pacific was the second largest region accounting for more than 30% of the market share. South America was the smallest region accounting for less than 2% market share.
The commercial fan and air purification in the report is split into the following segments: heating and air-conditioning equipment manufacturers, other, transit, semiconductor manufacturers and computer manufacturers.
The USA was the largest country in the market, accounting for around 15% of the global commercial fan and air purification equipment manufacturing market share. The USA was followed by China and Japan as the next largest countries in the market.
The top five competitors in the market are: Sharp corporation, Panasonic corporation, Daikin industries, Honeywell international and Philips electronics N V. Sharp Corporation was the largest competitor in the market. It is a Japanese multinational corporation that designs and manufactures electronic products, headquartered in Sakai-ku, Sakai. Since 2016 it has been an integral part of Taiwan-based Foxconn Group. Taiwanese. Sharp employs more than 50,000 people worldwide. The company was founded in September 1912 in Tokyo and takes its name from one of its founder’s first inventions, the Ever-Sharp mechanical pencil, which was invented by Tokuji Hayakawa in 1915.
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