Press release
Smoke Exhaust Fans Market Is Predicted To Grow At a CAGR of 1.4% between 2019 and 2025
The market volume of Smoke Exhaust Fans is related to downstream demand and global economy. Although there will always be some uncertainties in the global economy in the following years, people’s requirement of air quality and safety is increased in many public places as well as workplace throughout the world, it is surely forecasted that the market of Smoke Exhaust Fans is still promising. In terms of revenue over the period 2017-2022. Germany `s revenue accounted for the highest market share (19.06%) in 2016, followed by United K ingdom.
The Europe Smoke Exhaust Fans industry markets mainly concentrate in Germany, France, UK, Russia and Italy. And the market is supplied by a combination of large multinational firms and smaller local companies. The leading global firms include Nicotra Gebhardt, Soler & Palau, Ventmeca, NOVENCO, VENTS Company and others. These companies tend to compete against each other globally to gain larger market. In many markets, these leading global firms also face competition from local players.
The Europe market of Smoke Exhaust Fans has mainly been driven by its downstream industry, the demand of Smoke Exhaust Fans in fire protection and kitchen is larger and larger owing to the increased requirement of air quality and safety. Economic investment and national policies are also the main growth catalysts for the market. Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, core technology improvement, manufacturing equipment innovation, and brand establishment.
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The global Smoke Exhaust Fans market was 170 million US$ in 2018 and is expected to 190 million US$ by the end of 2025, growing at a CAGR of 1.4% between 2019 and 2025. This report studies the Smoke Exhaust Fans market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Smoke Exhaust Fans in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Nicotra Gebhardt
Soler & Palau
Ventmeca
NOVENCO
VENTS Company
Systemair
Elta Fans
Polypipe Ventilation
SODECA
Rucon
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By the product type, the market is primarily split into
Centrifugal type
Axial type
Others
By the end users/application, this report covers the following segments
Fire protection
Commercial kitchen
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