Market Overview:
The global residential ventilation fans market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about indoor air quality and its impact on human health, growing construction and renovation activities, and rising demand for energy-efficient ventilation fans. The centrifugal fan segment is expected to account for the largest share of the global residential ventilation fans market in 2018, followed by the axial fan segment. The centrifugal fan segment is projected to grow at a higher CAGR than the axial fan segment during the forecast period. This growth can be attributed to its high efficiency and low noise levels as compared with other types of fans. The kitchen application is expected to account for the largest share ofthe global residential ventilation fans market in 2018, followed bythe toilet application.
Product Definition:
Residential ventilation fans are devices used to increase the air flow in a building. They are typically installed in bathrooms, kitchens, and laundry rooms. Ventilation fans improve indoor air quality by removing moisture and contaminants from the air. They also help to reduce the risk of mold growth and other indoor air pollutants.
Centrifugal Fan:
A centrifugal fan is a type of ventilation fan used to increase the flow of air in a confined space. The basic principle on which these fans operate is by using the force of gravity and centrifugal forces. The main components involved in operating these fans include impellers, blades, frame or housing and electrical connections among others. These are available as electric or manual operation with different power sources such as battery operated, solar energy etc.
Axial Fan:
An axial fan is a type of ventilation fan that moves the air in a straight line from its source to the desired location. It has no ductwork and is usually used for cooling or heating purposes in residential applications. Axial fans are more efficient than radial or mixed flow fans as they do not waste energy moving air around obstacles, which results in higher efficiency and less power consumption.
Application Insights:
The kitchen application segment led the market and accounted for more than 35.0% share of the global revenue in 2017. The growth is attributed to increasing demand for energy-efficient products, which has resulted in a rise in demand for VRV systems across the globe. Centrifugal fans are typically used in kitchen applications as they provide sufficient air circulation while being relatively less expensive compared to other types of ventilation fans.
Axial fans are primarily used in bathroom applications as these products deliver high air flow rates with less power consumption, resulting into increased adoption across various end-use industries such as HVAC & building insulation, furniture production and automotive manufacturing among others.
Regional Analysis:
North America dominated the global market in 2017 owing to high consumer awareness and a well-established construction industry. Moreover, stringent government norms regarding indoor air quality are expected to promote the use of ventilation fans over the forecast period. Europe is also anticipated to witness considerable growth over the next eight years due to increasing consumer preference for energy-efficient products and growing awareness about carbon emissions caused by unplanned building activities such as construction or renovation activities.
Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 on account of rapid urbanization in developing countries, such as India and China, which has resulted in increased residential space at a faster rate compared with developed nations. This factor is expected to drive demand for residential ventilation fans across APAC during forecast years.
Growth Factors:
- Increasing awareness about the importance of indoor air quality for human health
- Growing demand from emerging markets, especially in Asia Pacific
- Rising popularity of energy-efficient ventilation fans
- Proliferation of smart homes and connected devices that can be used to control ventilation fans remotely
- Increasing focus on green building initiatives that promote the use of energy-efficient ventilation fans
Scope Of The Report
Report Attributes
Report Details
Report Title
Residential Ventilation Fans Market Research Report
By Type
Centrifugal Fan, Axial Fan
By Application
Kitchen, Toilet, Bedroom, Other
By Companies
Air King America, Broan-NuTone, Panasonic, Systemair, Titon, Air King America
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Residential Ventilation Fans Market Report Segments:
The global Residential Ventilation Fans market is segmented on the basis of:
Types
Centrifugal Fan, Axial Fan
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
Kitchen, Toilet, Bedroom, 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:
- Air King America
- Broan-NuTone
- Panasonic
- Systemair
- Titon
- Air King America
Highlights of The Residential Ventilation Fans 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:
- Centrifugal Fan
- Axial Fan
- By Application:
- Kitchen
- Toilet
- Bedroom
- 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 Residential Ventilation Fans 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Residential ventilation fans are devices used to move air in and out of a building. They are typically used to improve the air quality in an indoor environment, such as a home or office.
Some of the key players operating in the residential ventilation fans market are Air King America, Broan-NuTone, Panasonic, Systemair, Titon, Air King America.
The residential ventilation fans 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 Residential Ventilation Fans 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 Residential Ventilation Fans Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Residential Ventilation Fans 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 Residential Ventilation Fans 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 Residential Ventilation Fans Market Size & Forecast, 2018-2028
4.5.1 Residential Ventilation Fans Market Size and Y-o-Y Growth
4.5.2 Residential Ventilation Fans Market Absolute $ Opportunity
Chapter 5 Global Residential Ventilation Fans 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 Residential Ventilation Fans Market Size Forecast by Type
5.2.1 Centrifugal Fan
5.2.2 Axial Fan
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Residential Ventilation Fans 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 Residential Ventilation Fans Market Size Forecast by Applications
6.2.1 Kitchen
6.2.2 Toilet
6.2.3 Bedroom
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Residential Ventilation Fans 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 Residential Ventilation Fans 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 Residential Ventilation Fans Analysis and Forecast
9.1 Introduction
9.2 North America Residential Ventilation Fans 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 Residential Ventilation Fans Market Size Forecast by Type
9.6.1 Centrifugal Fan
9.6.2 Axial Fan
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 Residential Ventilation Fans Market Size Forecast by Applications
9.10.1 Kitchen
9.10.2 Toilet
9.10.3 Bedroom
9.10.4 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 Residential Ventilation Fans Analysis and Forecast
10.1 Introduction
10.2 Europe Residential Ventilation Fans 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 Residential Ventilation Fans Market Size Forecast by Type
10.6.1 Centrifugal Fan
10.6.2 Axial Fan
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 Residential Ventilation Fans Market Size Forecast by Applications
10.10.1 Kitchen
10.10.2 Toilet
10.10.3 Bedroom
10.10.4 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 Residential Ventilation Fans Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Residential Ventilation Fans 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 Residential Ventilation Fans Market Size Forecast by Type
11.6.1 Centrifugal Fan
11.6.2 Axial Fan
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 Residential Ventilation Fans Market Size Forecast by Applications
11.10.1 Kitchen
11.10.2 Toilet
11.10.3 Bedroom
11.10.4 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 Residential Ventilation Fans Analysis and Forecast
12.1 Introduction
12.2 Latin America Residential Ventilation Fans 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 Residential Ventilation Fans Market Size Forecast by Type
12.6.1 Centrifugal Fan
12.6.2 Axial Fan
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 Residential Ventilation Fans Market Size Forecast by Applications
12.10.1 Kitchen
12.10.2 Toilet
12.10.3 Bedroom
12.10.4 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) Residential Ventilation Fans Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Residential Ventilation Fans 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) Residential Ventilation Fans Market Size Forecast by Type
13.6.1 Centrifugal Fan
13.6.2 Axial Fan
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) Residential Ventilation Fans Market Size Forecast by Applications
13.10.1 Kitchen
13.10.2 Toilet
13.10.3 Bedroom
13.10.4 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 Residential Ventilation Fans Market: Competitive Dashboard
14.2 Global Residential Ventilation Fans Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Air King America
14.3.2 Broan-NuTone
14.3.3 Panasonic
14.3.4 Systemair
14.3.5 Titon
14.3.6 Air King America
