Market Overview:
The global fresh air ventilation systems (FAV) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about indoor air quality and rising demand for energy-efficient buildings. The ducted fresh air ventilation systems (FAV) segment is expected to dominate the global FAV market, owing to their ability to provide an uninterrupted supply of fresh air throughout a building. The ductless fresh air ventilation systems (FAV) segment is projected to grow at a higher CAGR during the forecast period, as they are more efficient than traditional ducted systems and can be installed in buildings without any major modifications. Homes are the largest application segment of the global FAV market, followed by offices and production plants. Rising consumer awareness about indoor air quality and growing demand for energy-efficient homes are driving the growth of this segment.
Product Definition:
Fresh air ventilation systems are designed to bring in fresh air from the outdoors and exhaust stale air from inside. This helps improve indoor air quality and prevents the accumulation of pollutants. Fresh air ventilation systems are important for both homes and businesses, as they help ensure that everyone is breathing clean, healthy air.
Ducted Fresh Air Ventilation Systems (FAV):
Ducted fresh air ventilation systems are mechanical equipment that is used to provide a constant flow of clean outside air into an indoor area. The system works on the principle of extracting the contaminated indoor air and replacing it with filtered outside air through ducts. The extracted contaminated indoor air is then recirculated back into the room through return ducts or vents.
Ductless Fresh Air Ventilation Systems (FAV):
Ductless fresh air ventilation systems are used to provide clean and dry outside air into a building. It is also used in some cases where the supply of outside air is not adequate for maintaining proper humidity, temperature, and Air Change Rate (ACH) inside the building. Ductless FAV can be employed when there are no ducts leading from the roof or if there are too many ducts as they create additional pathways for contaminants to collect.
Application Insights:
The homes segment held the largest share of over 70.0% in 2017. The rising disposable income and consumer preference for home-based healthcare services are the factors driving the demand for fresh air ventilation systems in homes across various regions. In addition, increasing urbanization has led to an increase in residential construction activities, thereby supporting market growth over the forecast period.
The production plants segment is expected to register a significant CAGR of XX% from 2018 to 2030 owing to an increase in manufacturing activities across various economies worldwide including China, India, South Korea.
Regional Analysis:
North America dominated the global fresh air ventilation systems market in 2017. This is attributed to the presence of a large number of manufacturers and exporters coupled with high standards of living and increasing awareness about health. The region is expected to maintain its dominance over the forecast period as well owing to growing concerns regarding indoor air quality, especially in countries such as Canada and Mexico that are prone to dust storms.
The Asia Pacific was valued at USD X billion in 2017 and this trend is anticipated to continue over the forecast period owing mainlyto rapid urbanization along with rising disposable income levels among consumers from China, India, Indonesia.
Growth Factors:
- Increasing awareness about the benefits of fresh air ventilation systems among consumers
- Rising demand for energy-efficient and eco-friendly products
- Growing popularity of smart homes and home automation systems
- Proliferation of internet of things (IoT) devices and platforms
- Increasing number of construction projects in developing countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Fresh Air Ventilation Systems (FAV) Market Research Report
By Type
Ducted Fresh Air Ventilation Systems (FAV), Ductless Fresh Air Ventilation Systems (FAV)
By Application
Homes, Offices, Production Plants, Public Buildings and Facilities, Other
By Companies
Honeywell, Panasonic, Carrier, Zehnder, Johnson Controls, Daikin Industries, Trane, Ostberg, Broan, Mitsubishi Electric, FUJITSU, LG Electronics, Ziefir, Nortek, Lennox International Inc., BROAD, Dephina, Aldes, Vortice, BLLC, Dream Maker, SIEGENIA, Airdow, GOODNIGHT
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Fresh Air Ventilation Systems (FAV) Market Report Segments:
The global Fresh Air Ventilation Systems (FAV) market is segmented on the basis of:
Types
Ducted Fresh Air Ventilation Systems (FAV), Ductless Fresh Air Ventilation Systems (FAV)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Homes, Offices, Production Plants, Public Buildings and Facilities, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell
- Panasonic
- Carrier
- Zehnder
- Johnson Controls
- Daikin Industries
- Trane
- Ostberg
- Broan
- Mitsubishi Electric
- FUJITSU
- LG Electronics
- Ziefir
- Nortek
- Lennox International Inc.
- BROAD
- Dephina
- Aldes
- Vortice
- BLLC
- Dream Maker
- SIEGENIA
- Airdow
- GOODNIGHT
Highlights of The Fresh Air Ventilation Systems (FAV) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ducted Fresh Air Ventilation Systems (FAV)
- Ductless Fresh Air Ventilation Systems (FAV)
- By Application:
- Homes
- Offices
- Production Plants
- Public Buildings and Facilities
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fresh Air Ventilation Systems (FAV) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fresh air ventilation system (FAV) is a mechanical or electronic device used to distribute fresh outdoor air into an enclosed space. FAVs can be used in buildings, factories, warehouses and other commercial spaces.
Some of the major companies in the fresh air ventilation systems (fav) market are Honeywell, Panasonic, Carrier, Zehnder, Johnson Controls, Daikin Industries, Trane, Ostberg, Broan, Mitsubishi Electric, FUJITSU, LG Electronics, Ziefir, Nortek, Lennox International Inc., BROAD, Dephina, Aldes, Vortice, BLLC, Dream Maker, SIEGENIA, Airdow, GOODNIGHT.
The fresh air ventilation systems (fav) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fresh Air Ventilation Systems (FAV) Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Fresh Air Ventilation Systems (FAV) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Fresh Air Ventilation Systems (FAV) Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Fresh Air Ventilation Systems (FAV) Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Fresh Air Ventilation Systems (FAV) Market Size & Forecast, 2018-2028 4.5.1 Fresh Air Ventilation Systems (FAV) Market Size and Y-o-Y Growth 4.5.2 Fresh Air Ventilation Systems (FAV) Market Absolute $ Opportunity
Chapter 5 Global Fresh Air Ventilation Systems (FAV) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fresh Air Ventilation Systems (FAV) Market Size Forecast by Type
5.2.1 Ducted Fresh Air Ventilation Systems (FAV)
5.2.2 Ductless Fresh Air Ventilation Systems (FAV)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fresh Air Ventilation Systems (FAV) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fresh Air Ventilation Systems (FAV) Market Size Forecast by Applications
6.2.1 Homes
6.2.2 Offices
6.2.3 Production Plants
6.2.4 Public Buildings and Facilities
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fresh Air Ventilation Systems (FAV) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fresh Air Ventilation Systems (FAV) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fresh Air Ventilation Systems (FAV) Analysis and Forecast
9.1 Introduction
9.2 North America Fresh Air Ventilation Systems (FAV) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fresh Air Ventilation Systems (FAV) Market Size Forecast by Type
9.6.1 Ducted Fresh Air Ventilation Systems (FAV)
9.6.2 Ductless Fresh Air Ventilation Systems (FAV)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fresh Air Ventilation Systems (FAV) Market Size Forecast by Applications
9.10.1 Homes
9.10.2 Offices
9.10.3 Production Plants
9.10.4 Public Buildings and Facilities
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fresh Air Ventilation Systems (FAV) Analysis and Forecast
10.1 Introduction
10.2 Europe Fresh Air Ventilation Systems (FAV) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fresh Air Ventilation Systems (FAV) Market Size Forecast by Type
10.6.1 Ducted Fresh Air Ventilation Systems (FAV)
10.6.2 Ductless Fresh Air Ventilation Systems (FAV)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fresh Air Ventilation Systems (FAV) Market Size Forecast by Applications
10.10.1 Homes
10.10.2 Offices
10.10.3 Production Plants
10.10.4 Public Buildings and Facilities
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fresh Air Ventilation Systems (FAV) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fresh Air Ventilation Systems (FAV) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fresh Air Ventilation Systems (FAV) Market Size Forecast by Type
11.6.1 Ducted Fresh Air Ventilation Systems (FAV)
11.6.2 Ductless Fresh Air Ventilation Systems (FAV)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fresh Air Ventilation Systems (FAV) Market Size Forecast by Applications
11.10.1 Homes
11.10.2 Offices
11.10.3 Production Plants
11.10.4 Public Buildings and Facilities
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fresh Air Ventilation Systems (FAV) Analysis and Forecast
12.1 Introduction
12.2 Latin America Fresh Air Ventilation Systems (FAV) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fresh Air Ventilation Systems (FAV) Market Size Forecast by Type
12.6.1 Ducted Fresh Air Ventilation Systems (FAV)
12.6.2 Ductless Fresh Air Ventilation Systems (FAV)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fresh Air Ventilation Systems (FAV) Market Size Forecast by Applications
12.10.1 Homes
12.10.2 Offices
12.10.3 Production Plants
12.10.4 Public Buildings and Facilities
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fresh Air Ventilation Systems (FAV) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fresh Air Ventilation Systems (FAV) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fresh Air Ventilation Systems (FAV) Market Size Forecast by Type
13.6.1 Ducted Fresh Air Ventilation Systems (FAV)
13.6.2 Ductless Fresh Air Ventilation Systems (FAV)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fresh Air Ventilation Systems (FAV) Market Size Forecast by Applications
13.10.1 Homes
13.10.2 Offices
13.10.3 Production Plants
13.10.4 Public Buildings and Facilities
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fresh Air Ventilation Systems (FAV) Market: Competitive Dashboard
14.2 Global Fresh Air Ventilation Systems (FAV) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Panasonic
14.3.3 Carrier
14.3.4 Zehnder
14.3.5 Johnson Controls
14.3.6 Daikin Industries
14.3.7 Trane
14.3.8 Ostberg
14.3.9 Broan
14.3.10 Mitsubishi Electric
14.3.11 FUJITSU
14.3.12 LG Electronics
14.3.13 Ziefir
14.3.14 Nortek
14.3.15 Lennox International Inc.
14.3.16 BROAD
14.3.17 Dephina
14.3.18 Aldes
14.3.19 Vortice
14.3.20 BLLC
14.3.21 Dream Maker
14.3.22 SIEGENIA
14.3.23 Airdow
14.3.24 GOODNIGHT