Global Air Curtain Market 2017-2021

Overview of the global air curtain market

Market research analysts at Technavio predict that the global air curtain market will grow steadily at a CAGR of close to 4% by 2021. This market research analysis identifies the rapid infrastructure development in emerging economies as one of the primary growth factors for this market. Growing urbanization and economic growth have led to an increase in the construction of malls, hospitals, commercial buildings, hotels, and manufacturing facilities. Additionally, the expansion of commercial spaces, new office floor spaces, corporate hubs and special economic zones (SEZs), and organized retail outlets is also driving the demand for air curtain installations across many developing countries.

The growing trend of smart cities is one of the latest trends that will gain traction in the air curtain market in the coming years. Governments across the globe are taking considerable efforts to improve the standard of living in cities through initiatives such as smart cities. These smart cities are aiming at developing programs for the intelligent networking of energy, water supplies, lighting, and mobility systems. The growth in smart cities will increase the demand for air curtains across the globe since air curtains can enhance the efficiency of HVAC systems.

Competitive landscape and key vendors

The air curtain market is diversified with the presence of international and regional vendors. The competitive environment in the market is likely to intensify during the forecast period with an increase in product extensions, technological innovations, and strategic M&As. Many regional vendors provide air curtain systems at lower prices than international vendors. However, they find it difficult to compete with the international vendors based on factors such as quality, features, functionalities, and services.

The leading vendors in the market are -

• Berner International
• Mars Air Systems
• Mitsubishi Electric
• Panasonic
• Toshiba Carrier

The other prominent vendors in the market include 2VV s.r.o., Airtecnics, Biddle, CG Global, Envirotec (Johnson Controls), Euronics, GREE, Nedfon, Nortek, Shenyang Jinchen Weiye Cooling & Heating Equipment, Systemair, Teplomash, TMI Group, Ying Ge Shi, and Yoshimasa.

Segmentation by end-user and analysis of the air curtain market

• Commercial segment
• Industrial segment

During 2016, the commercial segment accounted for the major shares of this marketspace. Russia will host the FIFA World Cup 2018, Dubai will host the World Expo 2020, Qatar will host the FIFA World Cup 2022, and Japan will host the Summer Olympics 2020. These global events will result in the development and upgradation of commercial infrastructure such as hotels, residential units, and sports complexes, which in turn, will generate a huge demand for air curtains.

Geographical segmentation and analysis of the air curtain market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the market by 2021. The tech firms in this region will continue to lead office leasing demand across the region during the forecast period owing to the solid revenue and headcount growth. Companies in the financial sector, especially in the banking and insurance industries will also drive the demand for office spaces in this region, which will subsequently create the demand for air curtains.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global air curtain market?
• What are the key market trends impacting the growth of the global air curtain market?
• What are the challenges to market growth?
• Who are the key vendors in the global air curtain market?
• What are the market opportunities and threats faced by the vendors in the global air curtain market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global air curtain market?

Technavio also offers customization on reports based on specific client requirement.

A device used to prevent the movement of air or contaminants from one place to another is known as an air curtain. Factors like the growing demand for high-quality energy efficient devices and increasing consumer awareness is predicted to increase the demand for such products in the near future. This upcoming report is a fundamental part of the engineering tools industry and offers in-depth analysis of rapidly growing sectors like construction. Also, to help clients to gain market traction over other market players, Technavio offers information on the multiple features of the market such as the shift in customer preferences and the factors that will spur and curb the growth of vendors in the heavy industry's market space.

To meticulously foresee the engineering tools industry's growth prospects, our market research specialists follow a combined approach of primary and secondary research methodologies and pursue an in-depth analysis of factors like technological developments and the demand for various products and services across the globe. Further, to help clients form new strategies for growth, our upcoming industry research report on the global air curtain market for the forecasted period of 2017 to 2021 offers reflective insights constructed from the data gathered from dependable sources such as manufacturers, suppliers, regulatory bodies, and decision makers. Technavio also offers reports that are customized based on clients? specifications.

This upcoming industry research report on the global air curtain market also considers the growth of homogeneous markets such as surge protection devices, which is expected to grow at a CAGR of nearly 6% by 2021. The upcoming industry research report for the global air curtain market also identifies the key drivers, evolving trends, and the hurdles currently faced by the heavy industry and also presents insights into tools and components.