Industrial Ventilation Equipment Trends and Forecast
The future of the global industrial ventilation equipment market looks promising with opportunities in the chemical, building products, manufacturing, and oil and gas markets. The global industrial ventilation equipment market is expected to reach an estimated $12 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are rapid industrialization and increasing stringent government norms focusing on improvement of air quality and labor health.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Industrial Ventilation Equipment by Segment
The study includes a forecast for the global industrial ventilation equipment by ventilation type, system type, end use, and region.
Industrial Ventilation Equipment Market by Ventilation Type [Shipment Analysis by Value from 2018 to 2030]:
• Dilution Ventilation
• Local Exhaust Ventilation
Industrial Ventilation Equipment Market by System Type [Shipment Analysis by Value from 2018 to 2030]:
• Air Supply Systems
• Exhaust Systems
Industrial Ventilation Equipment Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Chemical
• Building Products
• Manufacturing
• Oil and Gas
• Others
Industrial Ventilation Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Industrial Ventilation Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies industrial ventilation equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the industrial ventilation equipment companies profiled in this report include-
• Johnson Controls
• zhejiang yilida ventilator
• Nanfang Ventilator
• Nortek Air Solutions
• Soler & Palau
• Howden
• Ebm-Papst
• FläktGroup
• Zhejiang Shangfeng
• Twin City Fan
Industrial Ventilation Equipment Market Insights
Lucintel forecasts that dilution ventilation will remain the larger segment over the forecast period.
Within this market, building products will remain the largest segment.
APAC will remain the largest region over the forecast period due to rising population and rapid urbanization and industrialization in the region.
Features of the Global Industrial Ventilation Equipment Market
Market Size Estimates: Industrial ventilation equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Industrial ventilation equipment market size by ventilation type, system type, end use, and region in terms of value ($B).
Regional Analysis: Industrial ventilation equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different ventilation types, system types, end uses, and regions for the industrial ventilation equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the industrial ventilation equipment market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the industrial ventilation equipment market size?
Answer: The global industrial ventilation equipment market is expected to reach an estimated $12 billion by 2030.
Q2. What is the growth forecast for industrial ventilation equipment market?
Answer: The global industrial ventilation equipment market is expected to grow with a CAGR of 6.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the industrial ventilation equipment market?
Answer: The major drivers for this market are rapid industrialization and increasing stringent government norms focusing on improvement of air quality and labor health.
Q4. What are the major segments for industrial ventilation equipment market?
Answer: The future of the industrial ventilation equipment market looks promising with opportunities in the chemical, building products, manufacturing, and oil and gas markets.
Q5. Who are the key industrial ventilation equipment market companies?
Answer: Some of the key industrial ventilation equipment companies are as follows:
• Johnson Controls
• zhejiang yilida ventilator
• Nanfang Ventilator
• Nortek Air Solutions
• Soler & Palau
• Howden
• Ebm-Papst
• FläktGroup
• Zhejiang Shangfeng
• Twin City Fan
Q6. Which industrial ventilation equipment market segment will be the largest in future?
Answer: Lucintel forecasts that dilution ventilation will remain the larger segment over the forecast period.
Q7. In industrial ventilation equipment market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rising population and rapid urbanization and industrialization in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the industrial ventilation equipment market by ventilation type (dilution ventilation and local exhaust ventilation), system type (air supply systems and exhaust systems), end use (chemical, building products, manufacturing, oil and gas, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Industrial Ventilation Equipment Market, Industrial Ventilation Equipment Market Size, Industrial Ventilation Equipment Market Growth, Industrial Ventilation Equipment Market Analysis, Industrial Ventilation Equipment Market Report, Industrial Ventilation Equipment Market Share, Industrial Ventilation Equipment Market Trends, Industrial Ventilation Equipment Market Forecast, Industrial Ventilation Equipment Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.