Press release
Household Ventilation Fan Market to Witness Robust Expansion by 2023
A household ventilation fan is a type of fan driven by the motor to change airflow and it is commonly used to circulate air in a home or building.
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Global Household Ventilation Fan Market: Forecast by Type / Application / Region
In the coming years there is an increasing demand for household ventilation fan in the regions of Asia-Pacific and South America that is expected to drive the market for more advanced household ventilation fan. Increasing of construction industry fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on machinery manufacturing industry, retrofitting and renovation of old technology, increasing adoption of household ventilation fan will drive growth in global market.
Globally, the household ventilation fan industry market is low concentrated as the manufacturing technology of household ventilation fan is relatively matures than some high-tech equipment. And some enterprises, like Panasonic, Broan-NuTone, Delta Product and Zehnderd, etc. are well-known for the wonderful performance of their household ventilation fan and related services. At the same time, China, occupied 39.96% production market share in 2016, is remarkable in the global household ventilation fan industry.
The consumption volume of household ventilation fan is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of household ventilation fan industry may not keep that fast. But it is surely forecasted that the market of household ventilation fan is still promising.
Over the next five years, LPI(LP Information) projects that Household Ventilation Fan will register a 3.8% CAGR in terms of revenue, reach US$ 1020 million by 2023, from US$ 850 million in 2017.
Global Household Ventilation Fan Market: Key Players
Panasonic
Broan-NuTone
Delta Product
Zehnderd
Systemair
Vent-Axia
Airflow Developments
Suncourt
Titon
Polypipe Ventilation
Weihe
Jinling
Airmate
GENUIN
Nedfon
Feidiao
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Related Information:
United States Household Ventilation Fan Market Research Report 2018
Europe Household Ventilation Fan Market Research Report 2018
North America Household Ventilation Fan Market Research Report 2018
Asia-Pacific Household Ventilation Fan Market Research Report 2018
China Household Ventilation Fan Market Research Report 2018
EMEA Household Ventilation Fan Market Research Report 2018
Global Household Ventilation Fan Market Research Report 2018
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