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Global Market Study on Ventilation Equipment: Air Purifier Segment to Exhibit CAGR of 5.5% during 2017-2025

Press release Description

Albany, New York, August 4, 2017: The requirement for ventilation equipment across different sectors is quite prominent. Further, the demand for ventilation equipment market in developing countries has grown over the last few years. To study the market further, a new research report has been added to the immense database of Market Research Reports Search Engine (MRRSE). The study is titled “Ventilation Equipment Market: Global Industry Analysis and Forecast 2017 – 2025”, which discusses the present as well as future market status covering various facets during the period between 2017 and 2025.

Ventilation is the deliberate introduction of ambient air into a space. This technique is mainly used to control indoor air quality through the process of diluting and displacing indoor pollutants. Further, it can also be used for achieving thermal comfort or dehumidification. Presently, the need for ventilation equipment is quite dense considering the global market. The report initially starts with the presentation of the executive summary and market introduction including market taxonomy. Further, the readers can access information related to macro-economic factor, pricing analysis, and value chain analysis. Moreover, data related to drivers, restraints, and opportunities in the global ventilation equipment market is carefully enclosed in this smart research study.

In the next section, the report highlights the market segmentation based on different factors. Segmentation based on equipment includes air filter, air handling unit (AHU), air purifier, axial fan, roof vent and centrifugal fan. As per key research findings, the market for centrifugal fans is anticipated to be valued at more than US$ 4,000 Mn by 2017 end and is likely to represent an incremental $ opportunity of more than US$ 2,000 Mn between 2017 and 2025. Also, the market for the air purifier segment is scheduled to be valued at more than US$ 1,000 Mn by 2025, growing at a CAGR of 5.5% over the forecasted period. Further, segregation by application, industrial and non-industrial categories are highlighted in the report.

Moving further, the prime market regions are also enclosed in the report analyzed on several factors such as market size, Y-o-Y growth projection etc. The major regions targeted in the report are North America, Europe, Latin America, Asia Pacific (APAC) and Middle East & Africa (MEA). Among all the countries, the sales report of ventilation equipment in China is expected to increase at the highest CAGR in terms of value. Also, India is estimated to witness good growth in the ventilation equipment market due to rapid industrialization in the sub-continent.

Browse Full Global Ventilation Equipment Market Report with TOC :

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