The global demand for Industrial Ventilation Equipment Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Ventilation system drives fresh outdoor air in a building and takes out the contaminated indoor air. Industrial ventilation equipment is used to pull out contaminants such as vapours, dust, fumes to give a healthy and safe environment to the employees. Industrial ventilation equipment removes a specific amount of air at a specific speed or velocity to take out undesirable contaminants. These systems maintain humidity and temperature at the desired level, provide fresh air, remove airborne contaminants and minimizes the explosion and fire hazards. Industrial ventilation equipment includes blowers, fans, air purifiers, air filters, roof vents, axial fans and others.
The rising air pollution level at industrial workplaces is resulting in increasing cases of COPD (chronic obstructive pulmonary disorders) &asthma. This is the major driving force behind the growing industrial ventilation equipment market. The stringent government and environmental regulations over the safety and health of industrial workforce are demanding ventilation equipment in almost all industry sectors, leading to the growth of the ventilation market. Growing pharmaceutical and food industry that highly demands contaminants free workplace is fuelling the global market. Furthermore, the factors such as increasing urbanisation and infrastructure development, and introduction of strategic partnerships amongst the manufacturers to provide innovative, advanced industrial ventilation equipment is boosting the global industrial ventilation equipment market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of industrial ventilation equipment.
The entire industrial ventilation equipment market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Centrifugal Fans
- Axial Fans
- Building Applications
- General Manufacturing
- Metals & Mining
- Oil & Gas
This section covers regional segmentation which accentuates on current and future demand for industrial ventilation equipment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Industrial Ventilation Equipment Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the industrial ventilation equipment market include Greenheck, Ebm-Papst, Systemair, Twin City Fan, Air Systems Components, FläktGroup, Soler & Palau, Johnson Controls, Loren Cook, Howden, Zhejiang Shangfeng, Acme Fans, Yilida, New York Blower, Nortek Air Solutions, Polypipe Ventilation, Mitsubishi Electric, Mitsui Miike Machinery, Hitachi, Delta Electronics, Nanfang Ventilator, Cofimco, Cincinnati Fan, Vent-Axia. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.