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Global Industrial Ventilation Equipment Market Research Report 2023

08-09-2023 05:28 PM CET | Industry, Real Estate & Construction

Press release from: Valuates Reports

Global Industrial Ventilation Equipment Market Research

The global Industrial Ventilation Equipment market was valued at US$ 7833.1 million in 2022 and is anticipated to reach US$ 10270 million by 2029, witnessing a CAGR of 3.9% during the forecast period 2023-2029.

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Industrial Ventilation Equipment Market

Industrial ventilation equipment is the mechanical system hat brings in "fresh" outdoor air and removes the "contaminated" indoor air. In a workplace, ventilation is used to control exposure to airborne contaminants. It is commonly used to remove contaminants such as fumes, dusts, and vapours, in order to provide a healthy and safe working environment. Ventilation can be accomplished by natural means (e.g., opening a window) or mechanical means (e.g., fans or blowers). This report only covers fans or blowers.

The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The global industrial ventilation equipment market is not concentrated. There are large multinational enterprises and small local players scatted all around the world. Greenheck, Ebm-Papst, Systemair, Twin City Fan, Air Systems Components captured the top five global revenue share spots in the industrial ventilation equipment market in 2019, accounting for 31% market share.

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Segment by Type
Centrifugal Fans
Axial Fans
Others

Segment by Application
Building Applications
Chemical
General Manufacturing
Metals & Mining
Oil & Gas
Others

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America (United States, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia-Pacific (China, Japan, South Korea, Taiwan)
Southeast Asia (India)
Latin America (Mexico, Brazil)

By Company 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

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