Market Overview:
The global smart home ventilation devices market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient and eco-friendly homes, rising awareness about the benefits of using smart home ventilation devices, and growing adoption of Internet of Things (IoT) in residential applications. The exhaust ventilation devices segment is expected to hold the largest share of the global smart home ventilation devices market in 2018. This segment is projected to grow at a CAGR of 11% during the forecast period. The supply ventilation devices segment is projected to grow at a higher CAGR than other segments during the forecast period.
Product Definition:
A Smart Home Ventilation Device is a device that helps to control the ventilation in a home. This can include devices that help to circulate air, remove moisture from the air, or heat or cool the air. The importance of Smart Home Ventilation Devices varies depending on the needs of each individual home. Some people may find it important to have a device that circulates the air in order to keep their home feeling comfortable and fresh, while others may find it more important to have a device that removes moisture from the air in order for their home not to become humid and uncomfortable.
Exhaust Ventilation Devices:
Exhaust ventilation devices are also known as exhaust ventilators or air exhausts. They are used to remove unwanted odors and gases from a room. Exhaust ventilation is the removal of pollutants, moisture, and contaminants from a room through an exterior wall by means of an attached ventilator or fans.
The global ESD market size was valued at USD 1,849 million in 2016.
Supply Ventilation Devices:
Supply ventilation devices are used to provide fresh air in the household. It is also known as positive pressure ventilation or natural airway. These devices have a wide range of applications such as home healthcare, commercial building automation, and HVAC (heating, ventilating and air conditioning). The increasing prevalence of respiratory diseases coupled with rising awareness about its treatment has led to an increase in demand for supply ventilation devices over the past few years.
Application Insights:
The whole home segment dominated the global smart home ventilation devices market in 2017. This is attributed to increasing penetration of smart products, growing demand for energy-efficient solutions and government initiatives promoting the adoption of such systems. For instance, The U.S., Canada and Mexico have banded together to promote the deployment of ¢â‚¬Ëœintelligent buildings¢â‚¬â„¢ across public infrastructure by making it mandatory for new construction projects with funding support from both governments.
Single room application accounted for a significant share as well as revenue in 2017 owing to rising demand among consumers globally for personal hygiene products, health monitoring devices and other related accessories that help them lead a comfortable life at home without requiring hospitalization in case of emergencies or accidents.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing penetration of smart home technology, high disposable income of consumers and government initiatives for energy conservation. For instance, in 2015, the U.S Department of Energy launched a program called “Energy Smart Home†that provided funding to qualified applicants for retrofitting homes with smart technologies such as smart locks and lighting controls. Europe is expected to witness significant growth over the forecast period owing to rising consumer awareness regarding energy consumption and carbon footprint associated with various appliances used in houses/apartments including ventilation systems (incl ducts).
Growth Factors:
- Increasing demand for energy-efficient and eco-friendly devices
- Rising awareness about the benefits of smart home ventilation devices
- Growing popularity of connected homes and IoT technologies
- Proliferation of affordable smart home ventilation devices
- Emerging applications for smart home ventilation devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Home Ventilation Devices Market Research Report
By Type
Exhaust Ventilation Devices, Supply Ventilation Devices, Others
By Application
Whole Home, Single Room
By Companies
Panasonic, Carrier, Johnson Controls, Gree, Midea, Daikin Industries, Trane, Honeywell, Lennox International Inc., Nortek, FUJITSU, Zehnder, Mitsubishi Electric
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Smart Home Ventilation Devices Market Report Segments:
The global Smart Home Ventilation Devices market is segmented on the basis of:
Types
Exhaust Ventilation Devices, Supply Ventilation Devices, Others
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
Whole Home, Single Room
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:
- Panasonic
- Carrier
- Johnson Controls
- Gree
- Midea
- Daikin Industries
- Trane
- Honeywell
- Lennox International Inc.
- Nortek
- FUJITSU
- Zehnder
- Mitsubishi Electric
Highlights of The Smart Home Ventilation Devices 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:
- Exhaust Ventilation Devices
- Supply Ventilation Devices
- Others
- By Application:
- Whole Home
- Single Room
- 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 Smart Home Ventilation Devices 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?
A smart home ventilation device is a small, inconspicuous device that helps regulate the air flow in your home. By adjusting the fan speed and/or direction, these devices can help to reduce humidity levels, improve air quality, and keep your home comfortable all year round.
Some of the major companies in the smart home ventilation devices market are Panasonic, Carrier, Johnson Controls, Gree, Midea, Daikin Industries, Trane, Honeywell, Lennox International Inc., Nortek, FUJITSU, Zehnder, Mitsubishi Electric.
The smart home ventilation devices market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Home Ventilation Devices 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 Smart Home Ventilation Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Home Ventilation Devices 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 Smart Home Ventilation Devices 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 Smart Home Ventilation Devices Market Size & Forecast, 2020-2028
4.5.1 Smart Home Ventilation Devices Market Size and Y-o-Y Growth
4.5.2 Smart Home Ventilation Devices Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Exhaust Ventilation Devices
5.2.2 Supply Ventilation Devices
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Whole Home
6.2.2 Single Room
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Home Ventilation Devices 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 Smart Home Ventilation Devices 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Exhaust Ventilation Devices
9.6.2 Supply Ventilation Devices
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Whole Home
9.10.2 Single Room
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Exhaust Ventilation Devices
10.6.2 Supply Ventilation Devices
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Whole Home
10.10.2 Single Room
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Exhaust Ventilation Devices
11.6.2 Supply Ventilation Devices
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Whole Home
11.10.2 Single Room
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Exhaust Ventilation Devices
12.6.2 Supply Ventilation Devices
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Whole Home
12.10.2 Single Room
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Exhaust Ventilation Devices
13.6.2 Supply Ventilation Devices
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Whole Home
13.10.2 Single Room
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 Smart Home Ventilation Devices Market: Competitive Dashboard
14.2 Global Smart Home Ventilation Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic
14.3.2 Carrier
14.3.3 Johnson Controls
14.3.4 Gree
14.3.5 Midea
14.3.6 Daikin Industries
14.3.7 Trane
14.3.8 Honeywell
14.3.9 Lennox International Inc.
14.3.10 Nortek
14.3.11 FUJITSU
14.3.12 Zehnder
14.3.13 Mitsubishi Electric
