Air Purification Equipment Manufacturing in the US Industry Market Research Report Now Available from IBISWorld

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Business and consumer demand growth will accelerate slightly over the next five years as these markets shake off the lingering effects of the recession. For these reasons, industry research firm IBISWorld has added a report on the Air Purification Equipment Manufacturing industry to its growing industry report collection.

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The recession caused a drop in demand from major markets, but revenue will steadily grow as the industry recovers.

After steep declines during the recession, the Air Purification Equipment Manufacturing industry experienced several years of uneven sales growth. An expected 2.4% jump in 2013 revenue will bring total industry revenue to $2.7 billion. However, this total will remain well below the prerecession high, representing a 3.4% annualized decline over the five years to 2013. "The three main domestic markets (industrial manufacturers, other businesses and consumers) drastically reduced their demand for air purification equipment in 2009 as a result of falling revenue and income," according to IBISWorld Industry Analyst Dale Schmidt. Their demand has steadily, albeit slowly, recovered in the years since.

International trade has been a bright spot for air purifier manufacturers. "The depreciating dollar allowed exports to grow quickly following the recession, aiding overall revenue growth," says Schmidt. In addition, it limited competition from imports. The dollar began appreciating in value in 2012, though, and is expected to continue appreciating through 2018. While this will slow export growth and increase import growth, the existing trade deficit will continue to shrink over the next five years.

In the five years to 2018, the industry will continue to experience slow growth. Demand growth from the industrial sector will somewhat wane but continue over the next five years. Business and consumer demand growth, however, will accelerate slightly over the next five years as these markets shake off the lingering effects of the recession.

For more information, visit IBISWorld’s Air Purification Equipment Manufacturing in the US industry report page.

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IBISWorld industry Report Key Topics

The Air Purification Equipment Manufacturing industry manufactures stationary air-purification equipment, such as industrial dust and fume collection equipment, electrostatic precipitation equipment, warm-air furnace filters, air washers and other dust collection equipment.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.

Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Gavin Smith
IBISWorld
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