Global Industrial Ventilation Equipment Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Industrial Ventilation Equipment Industry Forecast” looks at past sales and reviews total world Industrial Ventilation Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Ventilation Equipment sales for 2023 through 2029. With Industrial Ventilation Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Ventilation Equipment industry.
This Insight Report provides a comprehensive analysis of the global Industrial Ventilation Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Ventilation Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Ventilation Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Ventilation Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Ventilation Equipment.
The global Industrial Ventilation Equipment market size is projected to grow from US$ 7662.7 million in 2022 to US$ 10110 million in 2029; it is expected to grow at a CAGR of 10110 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Ventilation Equipment market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Centrifugal Fans
Axial Fans
Others
Segmentation by application
Building Applications
Chemical
General Manufacturing
Metals & Mining
Oil & Gas
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Ventilation Equipment market?
What factors are driving Industrial Ventilation Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Ventilation Equipment market opportunities vary by end market size?
How does Industrial Ventilation Equipment break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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