The Latin America, Middle East and Africa Commercial Fan and Air Purification Equipment Market would witness market growth of 11.2% CAGR during the forecast period (2023-2030).
Poor indoor air quality can lead to respiratory problems, allergies, poor productivity, and other health issues. To protect tenant health, this has led to businesses prioritizing air quality improvement. Additionally, energy efficiency has grown in importance for organizations in various industries.
Manufacturers are developing energy-efficient solutions to assist businesses in lowering their energy consumption and carbon footprint. The focus on sustainability and cost savings drives the market for commercial fans and air purification equipment that uses less energy. The market expansion is anticipated to be fuelled by all of these aspects throughout the anticipated period.
A significant market development is the escalating popularity of smart air purifiers. Consumer concern over the quality of the air they breathe is rising due to rising air pollution levels around the region, increased allergy & pollution awareness, and climate change. As a result, air purifiers are becoming more and more popular. Smart purifiers for air are devices that can connect to other devices via the internet and networks like Bluetooth, NFC, and Wi-Fi. Smart air purifier development is also aided by the growth of Internet of Things (IoT) technology. With the help of a smartphone application that provides a live reading of the air quality data, smart air purifiers make it possible to monitor and manage the air quality data.
Particularly, Dubai has developed into one of the most populated and rapidly expanding cities in the Middle East and the entire world. Rapid urbanization and industrialization impact the environment due to the country's rising population, notably on the air quality in commercial sites. Quarries and cement manufacturing facilities in the United Arab Emirates have serious air quality problems. The government has taken steps to monitor and control pollution levels because maintaining good air quality is one of the nation's top priorities. In Dubai, pollution management and air quality monitoring are the responsibilities of the Environment Protection and Safety Section. These UAE government’s initiatives will impact the demand for commercial fan and air purification equipment contributing to the market's steady rise over the coming years. This increases the need for commercial fan and air purification equipment in commercial buildings across region.
The Brazil market dominated the LAMEA Commercial Fan and Air Purification Equipment Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,482.1 million by 2030. The Argentina market is showcasing a CAGR of 11.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 10.9% during (2023 - 2030).
Based on Equipment Type, the market is segmented into Air Purification Equipment, Attic & Exhaust Fan, and Others. Based on Power Range Type, the market is segmented into 200 - 400 Square Ft, Less Than 200 Square Ft and More Than 400 Square Ft. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Commercial Fan and Air Purification Equipment Market is Projected to reach USD 131.2 Billion by 2030, at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Regal Rexnord Corporation, Panasonic Corporation, 3M Company, Daikin Industries Ltd., Hitachi, Ltd., Carrier Global Corporation, SPX Flow, Inc., Honeywell International Inc., Sharp Corporation and Illinois Tool Works Inc.
Scope of the Study
Market Segments Covered in the Report:
By Equipment Type
- Air Purification Equipment
- Attic & Exhaust Fan
- Others
By Power Range Type
- 200 - 400 Square Ft
- Less Than 200 Square Ft
- More Than 400 Square Ft
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Regal Rexnord Corporation
- Panasonic Corporation
- 3M Company
- Daikin Industries Ltd.
- Hitachi, Ltd.
- Carrier Global Corporation
- SPX Flow, Inc.
- Honeywell International Inc.
- Sharp Corporation
- Illinois Tool Works Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Commercial Fan and Air Purification Equipment Market, by Equipment Type
1.4.2 LAMEA Commercial Fan and Air Purification Equipment Market, by Power Range Type
1.4.3 LAMEA Commercial Fan and Air Purification Equipment Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4 Porter Five Forces Analysis
Chapter 5. LAMEA Commercial Fan and Air Purification Equipment Market by Equipment Type
5.1 LAMEA Air Purification Equipment Market by Country
5.2 LAMEA Attic & Exhaust Fan Market by Country
5.3 LAMEA Others Market by Country
Chapter 6. LAMEA Commercial Fan and Air Purification Equipment Market by Power Range Type
6.1 LAMEA 200 - 400 Square Ft Market by Country
6.2 LAMEA Less Than 200 Square Ft Market by Country
6.3 LAMEA More Than 400 Square Ft Market by Country
Chapter 7. LAMEA Commercial Fan and Air Purification Equipment Market by Country
7.1 Brazil Commercial Fan and Air Purification Equipment Market
7.1.1 Brazil Commercial Fan and Air Purification Equipment Market by Equipment Type
7.1.2 Brazil Commercial Fan and Air Purification Equipment Market by Power Range Type
7.2 Argentina Commercial Fan and Air Purification Equipment Market
7.2.1 Argentina Commercial Fan and Air Purification Equipment Market by Equipment Type
7.2.2 Argentina Commercial Fan and Air Purification Equipment Market by Power Range Type
7.3 UAE Commercial Fan and Air Purification Equipment Market
7.3.1 UAE Commercial Fan and Air Purification Equipment Market by Equipment Type
7.3.2 UAE Commercial Fan and Air Purification Equipment Market by Power Range Type
7.4 Saudi Arabia Commercial Fan and Air Purification Equipment Market
7.4.1 Saudi Arabia Commercial Fan and Air Purification Equipment Market by Equipment Type
7.4.2 Saudi Arabia Commercial Fan and Air Purification Equipment Market by Power Range Type
7.5 South Africa Commercial Fan and Air Purification Equipment Market
7.5.1 South Africa Commercial Fan and Air Purification Equipment Market by Equipment Type
7.5.2 South Africa Commercial Fan and Air Purification Equipment Market by Power Range Type
7.6 Nigeria Commercial Fan and Air Purification Equipment Market
7.6.1 Nigeria Commercial Fan and Air Purification Equipment Market by Equipment Type
7.6.2 Nigeria Commercial Fan and Air Purification Equipment Market by Power Range Type
7.7 Rest of LAMEA Commercial Fan and Air Purification Equipment Market
7.7.1 Rest of LAMEA Commercial Fan and Air Purification Equipment Market by Equipment Type
7.7.2 Rest of LAMEA Commercial Fan and Air Purification Equipment Market by Power Range Type
Chapter 8. Company Profiles
8.1 Regal Rexnord Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Panasonic Holdings Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 SWOT Analysis
8.3 3M Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 SWOT Analysis
8.4 Daikin Industries Ltd.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Hitachi, Ltd.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 SPX Flow, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Carrier Global Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.7.5.2 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 Sharp Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 Honeywell International, Inc.
8.9.1 Company Overview
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansions:
8.9.6 SWOT Analysis
8.10. Illinois Tools Works, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 SWOT Analysis
TABLE 1 LAMEA Commercial Fan and Air Purification Equipment Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Commercial Fan and Air Purification Equipment Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Commercial Fan and Air Purification Equipment Market
TABLE 4 Product Launches And Product Expansions– Commercial Fan and Air Purification Equipment Market
TABLE 5 Acquisition and Mergers– Commercial Fan and Air Purification Equipment Market
TABLE 6 LAMEA Commercial Fan and Air Purification Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 7 LAMEA Commercial Fan and Air Purification Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 8 LAMEA Air Purification Equipment Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Air Purification Equipment Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Attic & Exhaust Fan Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Attic & Exhaust Fan Market by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 13 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 14 LAMEA Commercial Fan and Air Purification Equipment Market by Power Range Type, 2019 - 2022, USD Million
TABLE 15 LAMEA Commercial Fan and Air Purification Equipment Market by Power Range Type, 2023 - 2030, USD Million
TABLE 16 LAMEA 200 - 400 Square Ft Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA 200 - 400 Square Ft Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Less Than 200 Square Ft Market by Country, 2019 - 2022, USD Million
TABLE 19 LAMEA Less Than 200 Square Ft Market by Country, 2023 - 2030, USD Million
TABLE 20 LAMEA More Than 400 Square Ft Market by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA More Than 400 Square Ft Market by Country, 2023 - 2030, USD Million
TABLE 22 LAMEA Commercial Fan and Air Purification Equipment Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Commercial Fan and Air Purification Equipment Market by Country, 2023 - 2030, USD Million
TABLE 24 Brazil Commercial Fan and Air Purification Equipment Market, 2019 - 2022, USD Million
TABLE 25 Brazil Commercial Fan and Air Purification Equipment Market, 2023 - 2030, USD Million
TABLE 26 Brazil Commercial Fan and Air Purification Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 27 Brazil Commercial Fan and Air Purification Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 28 Brazil Commercial Fan and Air Purification Equipment Market by Power Range Type, 2019 - 2022, USD Million
TABLE 29 Brazil Commercial Fan and Air Purification Equipment Market by Power Range Type, 2023 - 2030, USD Million
TABLE 30 Argentina Commercial Fan and Air Purification Equipment Market, 2019 - 2022, USD Million
TABLE 31 Argentina Commercial Fan and Air Purification Equipment Market, 2023 - 2030, USD Million
TABLE 32 Argentina Commercial Fan and Air Purification Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 33 Argentina Commercial Fan and Air Purification Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 34 Argentina Commercial Fan and Air Purification Equipment Market by Power Range Type, 2019 - 2022, USD Million
TABLE 35 Argentina Commercial Fan and Air Purification Equipment Market by Power Range Type, 2023 - 2030, USD Million
TABLE 36 UAE Commercial Fan and Air Purification Equipment Market, 2019 - 2022, USD Million
TABLE 37 UAE Commercial Fan and Air Purification Equipment Market, 2023 - 2030, USD Million
TABLE 38 UAE Commercial Fan and Air Purification Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 39 UAE Commercial Fan and Air Purification Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 40 UAE Commercial Fan and Air Purification Equipment Market by Power Range Type, 2019 - 2022, USD Million
TABLE 41 UAE Commercial Fan and Air Purification Equipment Market by Power Range Type, 2023 - 2030, USD Million
TABLE 42 Saudi Arabia Commercial Fan and Air Purification Equipment Market, 2019 - 2022, USD Million
TABLE 43 Saudi Arabia Commercial Fan and Air Purification Equipment Market, 2023 - 2030, USD Million
TABLE 44 Saudi Arabia Commercial Fan and Air Purification Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 45 Saudi Arabia Commercial Fan and Air Purification Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 46 Saudi Arabia Commercial Fan and Air Purification Equipment Market by Power Range Type, 2019 - 2022, USD Million
TABLE 47 Saudi Arabia Commercial Fan and Air Purification Equipment Market by Power Range Type, 2023 - 2030, USD Million
TABLE 48 South Africa Commercial Fan and Air Purification Equipment Market, 2019 - 2022, USD Million
TABLE 49 South Africa Commercial Fan and Air Purification Equipment Market, 2023 - 2030, USD Million
TABLE 50 South Africa Commercial Fan and Air Purification Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 51 South Africa Commercial Fan and Air Purification Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 52 South Africa Commercial Fan and Air Purification Equipment Market by Power Range Type, 2019 - 2022, USD Million
TABLE 53 South Africa Commercial Fan and Air Purification Equipment Market by Power Range Type, 2023 - 2030, USD Million
TABLE 54 Nigeria Commercial Fan and Air Purification Equipment Market, 2019 - 2022, USD Million
TABLE 55 Nigeria Commercial Fan and Air Purification Equipment Market, 2023 - 2030, USD Million
TABLE 56 Nigeria Commercial Fan and Air Purification Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 57 Nigeria Commercial Fan and Air Purification Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 58 Nigeria Commercial Fan and Air Purification Equipment Market by Power Range Type, 2019 - 2022, USD Million
TABLE 59 Nigeria Commercial Fan and Air Purification Equipment Market by Power Range Type, 2023 - 2030, USD Million
TABLE 60 Rest of LAMEA Commercial Fan and Air Purification Equipment Market, 2019 - 2022, USD Million
TABLE 61 Rest of LAMEA Commercial Fan and Air Purification Equipment Market, 2023 - 2030, USD Million
TABLE 62 Rest of LAMEA Commercial Fan and Air Purification Equipment Market by Equipment Type, 2019 - 2022, USD Million
TABLE 63 Rest of LAMEA Commercial Fan and Air Purification Equipment Market by Equipment Type, 2023 - 2030, USD Million
TABLE 64 Rest of LAMEA Commercial Fan and Air Purification Equipment Market by Power Range Type, 2019 - 2022, USD Million
TABLE 65 Rest of LAMEA Commercial Fan and Air Purification Equipment Market by Power Range Type, 2023 - 2030, USD Million
TABLE 66 Key Information – Regal Rexnord Corporation
TABLE 67 Key Information – panasonic holdings corporation
TABLE 68 Key Information – 3m Company
TABLE 69 Key Information – daikin industries ltd.
TABLE 70 Key Information – hitachi ltd.
TABLE 71 Key Information – spx flow, inc.
TABLE 72 Key Information – Carrier Global Corporation
TABLE 73 Key Information – Sharp Corporation
TABLE 74 Key Information – Honeywell International, Inc.
TABLE 75 Key information – Illinois Tool Works, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Commercial Fan and Air Purification Equipment Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Commercial Fan and Air Purification Equipment Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Porter’s Five Forces Analysis – Commercial Fan and Air Purification Equipment Market
FIG 7 LAMEA Commercial Fan and Air Purification Equipment Market share by Equipment Type, 2022
FIG 8 LAMEA Commercial Fan and Air Purification Equipment Market share by Equipment Type, 2030
FIG 9 LAMEA Commercial Fan and Air Purification Equipment Market by Equipment Type, 2019 - 2030, USD Million
FIG 10 LAMEA Commercial Fan and Air Purification Equipment Market share by Power Range Type, 2022
FIG 11 LAMEA Commercial Fan and Air Purification Equipment Market share by Power Range Type, 2030
FIG 12 LAMEA Commercial Fan and Air Purification Equipment Market by Power Range Type, 2019 - 2030, USD Million
FIG 13 LAMEA Commercial Fan and Air Purification Equipment Market share by Country, 2022
FIG 14 LAMEA Commercial Fan and Air Purification Equipment Market share by Country, 2030
FIG 15 LAMEA Commercial Fan and Air Purification Equipment Market by Country, 2019 - 2030, USD Million
FIG 16 Swot Analysis: Regal Rexnord Corporation
FIG 17 SWOT Analysis: Panasonic Holdings Corporation
FIG 18 SWOT ANALYSIS: 3M Company
FIG 19 Swot Analysis: Daikin Industries Ltd.
FIG 20 Swot Analysis: Hitachi, Ltd.
FIG 21 Swot Analysis: SPX Flow, Inc.
FIG 22 Swot Analysis: Carrier Global Corporation
FIG 23 Swot Analysis: Sharp Corporation
FIG 24 Swot analysis: Honeywell international, inc.
FIG 25 Swot Analysis: Illinois Tool Works, Inc.