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Published Date: 2015-12-02Number of Pages: 77

Ventilation Fans Market (Type - Centrifugal Fans, Axial Fans, Cross Flow Fans, Domestic Exhaust Fans, Power Roof Fans, and Range Hood Fans; End-users – Residential, Commercial and Industrial End-users) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2023

Ventilation is defined as the procedure that replaces or changes air in a space to control temperature or remove smoke, carbon dioxide, moisture, heat, odors, airborne bacteria, dust, and replenish oxygen. Ventilation comprises exchange of air to the outside and air circulation within the premises. Proper installation and operation of ventilation fans provide a path for contaminated air or water vapor to exit a house. Significant growth in construction industry in BRICS economies, major infrastructure development projects in MENA, the recovering construction sector in developed regions, rising awareness of the importance of indoor air quality (IAQ), and government regulations on the ventilation prove to be the key driving factors for the growth of the ventilation fans market.

This research study, entitled “Ventilation Fans Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2015–2023,” provides strategic analysis of the global ventilation fans market, along with the market growth (size in US$ Mn*) forecast for the period from 2015 to 2023. The report includes an in-depth analysis of the market drivers, restraints, and industry trends. It also highlights the significant growth opportunities for ventilation fans in the next few years.

The research report provides a comprehensive assessment of stakeholder strategies, and the imperatives for succeeding in the ventilation fans market. The report includes competitive analysis of various market segments based on types of ventilation fans, end-user industries, and in-depth cross-sectional scrutiny across different geography segments of the ventilation fans market. In order to aid in strategic decision-making, the report also includes the winning strategies adopted by key players operating in the ventilation fans market.

The report segregates the ventilation fans market based on different geographies into North America, Europe, Asia Pacific, Middle East and Africa (MEA), and South America. On the basis of type, the global ventilation fans market is segmented into centrifugal fans, axial fans, cross-flow fans, domestic exhaust fans, power roof fans, and range hood fans. Moreover, in terms of end-use adoption the market for ventilation fans is segmented into residential, commercial, and industrial end-user segments. For detailed understanding of the ventilation fans market, all these segments have also been estimated in terms of revenue (US$ Mn) for the geographies mentioned above.

The market research study analyzes the ventilation fans market worldwide, and provides revenue estimates in terms of US$ Mn for the years 2013 and 2014, along with the market forecast for the period from 2015 to 2023. Market forecasts have been analyzed considering the impact of various economic, political, social, legal, and technological factors influencing market growth.

The report includes overview of the market strategies, annual revenues, and the recent developments of the key players operating in the market. The key market participants profiled in the study include Panasonic Corporation,    Nortek Inc., Systemair AB, Greenwood Airvac, Polypipe Ventilation, Vent-Axia, Airflow Developments Ltd., and Titon plc.

Market Segmentation:

Ventilations Market Analysis, by type

  • Centrifugal Fans
  • Axial Fans
  • Cross-flow Fans
  • Domestic Exhaust Fans
  • Power Roof Fans
  • Range Hood Fans

Ventilation Fans Market Analysis, by End-users

  • Residential End-users
  • Commercial End-users
  • Industrial End-users

In addition, the report provides cross sectional analysis of the ventilation fans market with respect to following geographical segments:

  • North America
    • The U.S.
    • Rest of North America
  • Europe
    • EU7
    • CIS
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • South Asia
    • Australasia
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of MEA
  • South America
    • Brazil
    • Rest of Latin America

 

Chapter 1 Preface
1.1 Report Description
1.2 Report Scope
      1.2.1 Market Segmentation: Global Ventilation Fans Market
1.3 Research Methodology
      1.3.1 Phase I : Secondary Research
      1.3.2 Phase II : Primary Research
      1.3.3 Phase III : Expert Panel Review
      1.3.4 Data Models

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Ventilation Fans Market (2015 & 2023)
2.2 Global Ventilation fans Market, 2013 – 2023, Revenue (US$ Mn) and Y-o-Y Growth (%)

Chapter 3 Global Ventilation Fans Market Analysis, 2013-2023 (US$ Mn)
3.1 Key Trends Analysis
3.2 Market Dynamics
      3.2.1 Drivers
              3.2.1.1 Significant Growth in Construction Industry in BRICS Economies
              3.2.1.2 Major Infrastructure Development Projects in MENA and Recovering Construction Sector in the Developed Regions
              3.2.1.3 Rising Awareness of Indoor Air Quality (IAQ)
              3.2.1.4 Government Regulations on Ventilation
      3.2.2 Restraints
              3.2.2.1 High Installation and Maintenance Costs
      3.2.3 Opportunities
              3.2.3.1 Large Number of Previously Constructed Infrastructures having Insufficient Ventilation Systems
              3.2.3.2 Development & Invention of New Ventilation Products
3.3 Global Ventilation Fans Market Analysis, By Type, 2013 – 2023 (US$ Mn)
      3.3.1 Overview
              3.3.1.1 Segment Share, 2015 & 2023 (%)
                        3.3.1.1.1 Global Ventilation Fans Market, By Type, Segment Share, 2015 & 2023 (Value %)
      3.3.2 Centrifugal Fans
              3.3.2.1 Global Centrifugal Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
      3.3.3 Axial Fans
              3.3.3.1 Global Axial Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
      3.3.4 Cross Flow Fans
              3.3.4.1 Global Cross Flow Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
      3.3.5 Domestic Exhaust Fans
              3.3.5.1 Global Domestic Exhaust Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
      3.3.6 Power Roof Fans
              3.3.6.1 Global Power Roof Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
      3.3.7 Range Hood Fans
              3.3.7.1 Global Range Hood Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
3.4 Global Ventilation Fans Market Analysis, By End-users, 2013 – 2023 (US$ Mn)
      3.4.1 Overview
              3.4.1.1 Segment Share, 2015 & 2023 (%)
                        3.4.1.1.1 Global Ventilation Fans Market, By End-users, Segment Share, 2015 & 2023 (Value %)
      3.4.2 Residential End-users
              3.4.2.1 Global Residential End-users Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
      3.4.3 Commercial End-users
              3.4.3.1 Global Commercial End-users Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
      3.4.4 Industrial End-users
              3.4.4.1 Global Industrial End-users Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
3.5 Global Ventilation Fans Market Analysis, By Geography, 2013 – 2023 (US$ Mn)
      3.5.1 Overview
              3.5.1.1 Segment Share, 2015 & 2023 (%)
                        3.5.1.1.1 Global Ventilation Fans Market, By Geography, Segment Share, 2015 & 2023 (Value %)
      3.5.2 North America
              3.5.2.1 North America Ventilation Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
      3.5.3 Europe
              3.5.3.1 Europe Ventilation Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
      3.5.4 Asia Pacific (APAC)
              3.5.4.1 APAC Ventilation Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
      3.5.5 Middle East and Africa (MEA)
              3.5.5.1 MEA Ventilation Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
      3.5.6 South America
              3.5.6.1 South America Ventilation Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
3.6 Competitive Landscape
      3.6.1 Market Positioning of Key Players, 2014 (%)
      3.6.2 Competitive Strategies Adopted by Leading Players
              3.6.2.1 Product Portfolio Expansion
              3.6.2.1 Geographic Expansion
      3.6.3 Percentage of Sales for Ventilation Fans Manufacturers

Chapter 4 North America Ventilation Fans Market Analysis, 2013 – 2023 (US$ Mn)
4.1 Market Dynamics and Trends
4.2 North America Ventilation Fans Market Analysis, by Type, 2013 – 2023 (US$ Mn)
      4.2.1 North America Ventilation Fans Market Revenue and Forecast, by Type, 2013 – 2023 (US$ Mn)
4.3 North America Ventilation Fans Market Analysis, by End-use Adoption, 2013 – 2023 (US$ Mn)
      4.3.1 North America Ventilation Fans Market Revenue and Forecast, by End-users, 2013 – 2023 (US$ Mn)
4.4 North America Ventilation Fans Market Analysis, by Region, 2013 – 2023 (US$ Mn)
      4.4.1 North America Ventilation Fans Market Revenue and Forecast, by Region, 2013 – 2023 (US$ Mn)

Chapter 5 Europe Ventilation Fans Market Analysis, 2013 – 2023 (US$ Mn)
5.1 Market Dynamics and Trends
5.2 Europe Ventilation Fans Market Analysis, by Type, 2013 – 2023 (US$ Mn)
      5.2.1 Europe Ventilation Fans Market Revenue and Forecast, by Type, 2013 – 2023 (US$ Mn)
5.3 Europe Ventilation Fans Market Analysis, by End-use Adoption, 2013 – 2023 (US$ Mn)
      5.3.1 Europe Ventilation Fans Market Revenue and Forecast, by End-users, 2013 – 2023 (US$ Mn)
5.4 Europe Ventilation Fans Market Analysis, by Region, 2013 – 2023 (US$ Mn)
      5.4.1 Europe Ventilation Fans Market Revenue and Forecast, by Region, 2013 – 2023 (US$ Mn)

Chapter 6 Asia Pacific Ventilation Fans Market Analysis, 2013 – 2023 (US$ Mn)
6.1 Market Dynamics and Trends
6.2 Asia Pacific Ventilation Fans Market Analysis, by Type, 2013 – 2023 (US$ Mn)
      6.2.1 Asia Pacific Ventilation Fans Market Revenue and Forecast, by Type, 2013 – 2023 (US$ Mn)
6.3 Asia Pacific Ventilation Fans Market Analysis, by End-use Adoption, 2013 – 2023 (US$ Mn)
      6.3.1 Asia Pacific Ventilation Fans Market Revenue and Forecast, by End-users, 2013 – 2023 (US$ Mn)
6.4 Asia Pacific Ventilation Fans Market Analysis, by Region, 2013 – 2023 (US$ Mn)
      6.4.1 Asia Pacific Ventilation Fans Market Revenue and Forecast, by Region, 2013 – 2023 (US$ Mn)

Chapter 7 Middle East and Africa Ventilation Fans Market Analysis, 2013 – 2023 (US$ Mn)
7.1 Market Dynamics and Trends
7.2 Middle East and Africa Ventilation Fans Market Analysis, by Type, 2013 – 2023 (US$ Mn)
      7.2.1 Middle East and Africa Ventilation Fans Market Revenue and Forecast, by Type, 2013 – 2023 (US$ Mn)
7.3 Middle East and Africa Ventilation Fans Market Analysis, by End-use Adoption, 2013 – 2023 (US$ Mn)
      7.3.1 Middle East and Africa Ventilation Fans Market Revenue and Forecast, by End-use Adoption, 2013 – 2023 (US$ Mn)
7.4 Middle East and Africa Ventilation Fans Market Analysis, by Region, 2013 – 2023 (US$ Mn)
      7.4.1 Middle East and Africa Ventilation Fans Market Revenue and Forecast, by Region, 2013 – 2023 (US$ Mn)

Chapter 8 South America Ventilation Fans Market Analysis, 2013 – 2023 (US$ Mn)
8.1 Market Dynamics and Trends
8.2 South America Ventilation Fans Market Analysis, by Type, 2013 – 2023 (US$ Mn)
      8.2.1 South America and Africa Ventilation Fans Market Revenue and Forecast, by Type, 2013 – 2023 (US$ Mn)
8.3 South America Ventilation Fans Market Analysis, by End-use Adoption, 2013 – 2023 (US$ Mn)
      8.3.1 South America Ventilation Fans Market Revenue and Forecast, by End-use Adoption, 2013 – 2023 (US$ Mn)
8.4 South America Ventilation Fans Market Analysis, by Region, 2013 – 2023 (US$ Mn)
      8.4.1 South America Ventilation Fans Market Revenue and Forecast, by Region, 2013 – 2023 (US$ Mn)

Chapter 9 Company Profiles
9.1 Panasonic Corporation
9.2 Nortek Inc.
9.3 Systemair AB
9.4 Greenwood Airvac
9.5 Polypipe Ventilation
9.6 Vent-Axia
9.7 Airflow Developments Ltd.
9.8 Titon plc

List of Figures
 

FIG. 1 Market Segmentation: Global Ventilation Fans Market
FIG. 2 Global Ventilation Fans Market: Research Methodology
FIG. 3 Global Ventilation fans Market, 2013 – 2023, Revenue (US$ Mn) and Y-o-Y Growth (%)
FIG. 4 BRICS Countries Construction Industry Revenue, 2013 – 2020 (US$ Bn)
FIG. 5 Global Ventilation Fans Market, By Type, Segment Share, 2015 & 2023 (Value %)
FIG. 6 Global Centrifugal Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
FIG. 7 Global Axial Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
FIG. 8 Global Cross Flow Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
FIG. 9 Global Domestic Exhaust Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
FIG. 10 Global Power Roof Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
FIG. 11 Global Range Hood Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
FIG. 12 Global Ventilation Fans Market, By End-users, Segment Share, 2015 & 2023 (Value %)
FIG. 13 Global Residential End-users Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
FIG. 14 Global Commercial End-users Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
FIG. 15 Global Industrial End-users Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
FIG. 16 Global Ventilation Fans Market, By Geography, Segment Share, 2015 & 2023 (Value %)
FIG. 17 North America Ventilation Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
FIG. 18 Europe Ventilation Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
FIG. 19 APAC Ventilation Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
FIG. 20 MEA Ventilation Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
FIG. 21 South America Ventilation Fans Market, Revenue and Forecast, 2013 – 2023 (US$ Mn)
FIG. 22 Percentage of Sales for Ventilation Fans Manufacturers

List of Tables

TABLE 1 Market Snapshot: Global Ventilation Fans Market (2015 & 2023)
TABLE 2 Major Construction Projects in the BRICS Region
TABLE 3 Major Construction Projects in MENA and Developed Regions
TABLE 4 North America Ventilation Fans Market Revenue and Forecast, by Type, 2013 – 2023 (US$ Mn)
TABLE 5 North America Ventilation Fans Market Revenue and Forecast, by End-use Adoption, 2013 – 2023 (US$ Mn)
TABLE 6 North America Ventilation Fans Market Revenue and Forecast, by Region, 2013 – 2023 (US$ Mn)
TABLE 7 Europe Ventilation Fans Market Revenue and Forecast, by Type, 2013 – 2023 (US$ Mn)
TABLE 8 Europe Ventilation Fans Market Revenue and Forecast, by End-users, 2013 – 2023 (US$ Mn)
TABLE 9 Europe Ventilation Fans Market Revenue and Forecast, by Region, 2013 – 2023 (US$ Mn)
TABLE 10 Asia Pacific Ventilation Fans Market Revenue and Forecast, by Type, 2013 – 2023 (US$ Mn)
TABLE 11 Asia Pacific Ventilation Fans Market Revenue and Forecast, by End-users, 2013 – 2023 (US$ Mn)
TABLE 12 Asia Pacific Ventilation Fans Market Revenue and Forecast, by Region, 2013 – 2023 (US$ Mn)
TABLE 13 Middle East and Africa Ventilation Fans Market Revenue and Forecast, by Type, 2013 – 2023 (US$ Mn)
TABLE 14 Middle East and Africa Ventilation Fans Market Revenue and Forecast, by End-use Adoption, 2013 – 2023 (US$ Mn)
TABLE 15 Middle East and Africa Ventilation Fans Market Revenue and Forecast, by Region, 2013 – 2023 (US$ Mn)
TABLE 16 South America and Africa Ventilation Fans Market Revenue and Forecast, by Type, 2013 – 2023 (US$ Mn)
TABLE 17 South America Ventilation Fans Market Revenue and Forecast, by End-use Adoption, 2013 – 2023 (US$ Mn)
TABLE 18 South America Ventilation Fans Market Revenue and Forecast, by Region, 2013 – 2023 (US$ Mn)

Significant growth of the construction industry in the BRICS economies and major infrastructure development projects in MENA is driving the growth of the ventilation fans market. The market for ventilation fans is anticipated to expand at a CAGR of 4.9% during the forecast period from 2015 to 2023. The global ventilation fans market was valued at US$ 1,629.8 Mn in 2015. Some of the key factors driving the growth of the ventilation fans market include rising awareness of indoor air quality (IAQ) and government regulations on ventilation fans deployment majorly in the industrial sector. Ventilation fans are widely adopted across the residential, commercial, and industrial sectors.

The common methods used for ventilation are natural ventilation, mechanical/forced ventilation, and hybrid ventilation. Proper installation and operation of ventilation fans provides a path for contaminated air or water vapor to exit a house. Presently, continuous ventilation is a prerequisite for commercial, industrial, and residential applications for proper air flow. Significant growth in the construction industry of BRICS economies, major infrastructure development projects in MENA, and a recovering construction sector in the developed regions is driving the ventilation fans market. For instance, BRICS countries account for an average urbanization rate of about 44.0% as compared to the global average of 50.4%. The urbanization rate of BRICS countries is expected to reach 47.0% by 2016, and about 53% by 2020. Among all the BRICS countries, India has the lowest urbanization rate, of about 30%. At present, China spends around 12% of its GDP on infrastructure; and this trend is expected to continue in the next few years. Similarly, Brazil has recently allocated an amount of US$ 300 Bn to be spent on modernizing its infrastructure. Such factors are anticipated to further drive the demand for ventilation fans in the BRICS nations.

On the basis of fan type, the global ventilation fans market is segmented into centrifugal fans, axial fans, cross-flow fans, domestic exhaust fans, power roof fans, and range hood fans. In 2014, axial ventilation fans were the most preferred ventilation fan type in the market and are expected to expand at a substantial CAGR during the forecast period. The most significant factor driving the market for axial ventilation fans is their wide range of applications, such as cooling fans; wind tunnels; ceiling fans; and computer cooling, automobiles, and ventilation exhaust fans. On the basis of end-users, the global ventilation fans market is segmented into residential, commercial, and industrial end-user segments. The residential segment, being the most common application for ventilation fans, dominated the global ventilation fans market in 2014 in terms of revenue share. However, the commercial end-user segment is expected to witness the highest rate of growth during the forecast period. 

Asia Pacific was the largest market for ventilation fans globally in 2014 in terms of revenue; however, the market in North America is expected to grow at significant rate to surpass Asia Pacific over the forecast period. Growth of the ventilation fans market in North America is mainly supported by the newly developed and technologically advanced ventilation fans. The addition of advanced features such as brushless D.C. (BLDC) motors, low noise levels, and high energy efficiency in ventilation fans, is expected to replace the presently used ventilation systems in the region.

ventilation-fans-market

 

The ventilation fans market is highly fragmented and few brands have established themselves in the market; they include Panasonic Corporation, Delta Ventilation Ltd., Airmaster Fan Company, and Nortek, Inc. A large number of other regional manufacturers are located across different geographies. These players are well established in regional markets but have a limited global presence. For instance, the U.K.-based companies such as Greenwood, Silavent Fans, Vent-Axia, Manrose, and Airflow Developments Ltd., offer ventilation fans for use in HVAC systems and other applications. Similarly, the market is highly unorganized within the Asia Pacific (APAC) region, wherein a number of local/regional manufacturers dominate. Thus, regional players dominate this market and HVAC contractors collaborate with domestic suppliers and manufacturers of ventilation fans for their needs.

The global ventilation fans market, at present shows the presence of key players, including Panasonic Corporation, Nortek Inc., Systemair AB, Greenwood Airvac, Polypipe Ventilation, Vent-Axia, Airflow Developments Ltd., and Titon plc.


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