About Air Curtain
An air curtain is a device that creates a uniform stream of heated or unheated directed air across an open doorway to insulate the room or building from the influence of ambient temperature. Air curtains are widely used in the commercial and industrial sectors due to the benefits. Air curtains are widely used in applications related to commercial, industrial, and other specialty applications (such as mechanized biological waste treatment and incineration plants). But the major demand for air curtains is expected to arise from the commercial segment. The commercial air curtain market is expected to grow at a rapid rate during the forecast period. The rise in commercial construction activities, especially in developing economies such as China and India, is the primary driver for the market. The expansion in the consumer base for commercial air curtain systems in developing countries is supporting the growth of the market. Rebounding consumer confidence levels as well as the economic recovery in the US and Western Europe will also contribute to the growth of the market. The services segment will also contribute significantly to market growth due to the increased need to maintain the energy efficiency of existing systems.
Technavio’s analysts forecast the global air curtain market to grow at a CAGR of 3.95% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global air curtain market for 2017-2021. To calculate the market size, the report considers the demand for air curtain from various end-user industries such as commercial, industrial and others.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Air Curtain Market 2017-2021
Technavio recognizes the following companies as the key players in the global air curtain market: Panasonic, Berner International, Mars Air Systems, Toshiba, and Mitsubishi Electric.
Other Prominent Vendors in the market are: 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.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Global rise in hotel construction to boost air curtain market. The number of international tourists grew by 4.4% and reached 1.18 billion in 2015; 50 million more tourists visited international destinations compared with those in 2014. The continuing success of tourism as an industry is creating job opportunities and driving economic growth worldwide. The robust growth of the tourism industry has generated demand for the construction of new hotels. This would give rise to healthy competition as the vendors in the tourism industry will invest in technology to ensure the highest level of comfort to their customers. Comfort is not just about excellent hospitality, it is also about creating a sense of well-being through the ambience. Therefore, the installation of air curtains will help improve the ambience, adding to the comfort factor”
According to the report, one of the major drivers for this market is India: Rise in infrastructure development activities. New construction activities in the country will likely require the installation of air curtain systems for functional and operational purposes. North India leads the HVAC and air curtain market in the country and Delhi-NCR makes a huge revenue contribution to this market. In terms of volume and value, the real estate market in Delhi-NCR grew by about 24% in 2015.
Further, the report states that one of the major factors hindering the growth of this market is Capital-intensive market. The global air curtain market is capital-intensive. The growing competition in the market poses a challenge to the profit margins of OEMs, while air curtain market vendors face the difficulty of making heavy investments in R&D activities and marketing campaigns.
Panasonic, Berner International, Mars Air Systems, Toshiba, and Mitsubishi Electric. 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.