Breathing easy: Industrial production and demand for nonresidential industrial buildings will boost revenue growth

Demand for Air Purification Equipment Manufacturing industry products is largely dependent on industrial production as these industries are the main users of air purification equipment. Over the past five years, industrial production stagnated, with notable downturns in 2015 and 2016. In recent years, the appreciating dollar has caused exports to shrink, hurting overall revenue growth. The value of industry exports has fallen, further exacerbating poor demand from industrial clients. Growth in demand from the industrial sector will begin to recover over the next five years to 2022; industrial production and demand for nonresidential industrial buildings will both rise, boosting industry revenue...purchase to read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 12-17
-0.7%
Forecast Growth 17-22
Profit
Employment
17,005
Businesses
319
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Growth in demand will begin to recover along with demand for industrial production and nonresidential construction
  • With lower profit margins and annualized decline, the number of industry establishments stagnated
  • Improvement of international markets is expected to lead to robust international trade
  • Industry Report - Industry Key Buyers Chapter

    Concentration in this industry is low, with no single company accounting for more than 5.0% of industry revenue. Low industry concentration stems partly from the diversity of products manufactured in this industry but also from the high number of small- and medium-sized businesses. According to data from the US Census Bureau's County Business Patterns report, more than half of all locations employ fewer than 20 employees. Some operators specialize in products for specific downstream markets, such as industrial strength purification systems versus small, standalone consumer models. Still, a very small proportion of industry establishments (0.9%) employs more than 500 workers, indicating that major companies do impact the industry's employment composition...purchase to read more.

    Additional Insights for the Air Purification Equipment Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Air Purification Equipment Manufacturing Industry are

  • Availability of resource
  • Control of distribution arrangements
  • Establishment of brand names
  • IBISWorld analysts also discuss how external factors such as Industrial production index and Private investment in industrial equipment and machinery in the Air Purification Equipment Manufacturing industry impact industry performance..

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    What's in this report

    What is the Air Purification Equipment Manufacturing Industry?

    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.

    Industry Products
  • High Efficiency Particulate Air (HEPA) filter
  • Mist Collector
  • Dust Collector
  • Baghouse
  • Industry Activities
  • Manufacturing High Efficiency Particulate Air (HEPA) filters
  • Manufacturing ionic filters
  • Manufacturing ultraviolet (UV) germicidal irradiation filters
  • Manufacturing activated carbon filters
  • Manufacturing electrostatic precipitators
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Industrial production index
  • Private investment in industrial equipment and machinery
  • Value of private nonresidential construction
  • Per capita disposable income
  • Trade-weighted index

  • Current Performance
  • Demand and uncertain industrial conditions
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand growth
  • Trade and industry landscape
  • Table: Air Purification Equipment Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Air Purification Equipment Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Manufacturing
  • Heating & Air Conditioning Wholesaling
  • Consumers

  • Key Selling Industries
  • Aluminum Manufacturing
  • Electrical Equipment Manufacturing
  • Screw, Nut & Bolt Manufacturing

  • Products & Services
  • High Efficiency Particulate Air (HEPA) filter
  • Mist Collector
  • Dust Collector
  • Baghouse
  • Other
  • Chart: Air Purification Equipment Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Industrial facilities and scientific labs
  • Consumers
  • Businesses
  • Exports
  • Chart: Major Market Segmentation for the Air Purification Equipment Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Air Purification Equipment Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Air Purification Equipment Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Air Purification Equipment Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Air Purification Equipment Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Value of private nonresidential construction (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    High Efficiency Particulate Air (Hepa) Filter
  • A Department of Energy standard for air filters, which requires the filter to remove at least 99.97% of airborne particles sized 0.3 micrometers or larger.
  • Ion
  • A particle with a positive or negative charge (i.e. non-neutral).
  • Ultraviolet (Uv) Germicidal Irradiation
  • Bathing air in ultraviolet light to render micro-organisms sterile and therefore harmless.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Air Purification Equipment Manufacturing provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Air Purification Equipment Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Air Purification Equipment Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Air Purification Equipment Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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