Market Overview:
The global industrial ventilation systems market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for energy-efficient and environment-friendly systems across various industries. Additionally, the growing awareness about the health hazards associated with exposure to harmful gases and particles is also propelling the demand for industrial ventilation systems. Based on type, the global industrial ventilation systems market can be segmented into dilution ventilation and local exhaust ventilation. Dilution ventilation dominates the market owing to its ability to provide an efficient means of exchanging air with minimal energy consumption. By application, building products account for a major share of the global industrial ventilation systems market followed by chemical, manufacturing, metals & mining, oil & gas and power industries respectively.
Product Definition:
Industrial Ventilation Systems are systems used to control and monitor the air quality in an industrial setting. They are important because they help to protect workers from harmful fumes and particles, as well as regulate the temperature and humidity in the workplace.
Dilution Ventilation:
Dilution ventilation is a technique of mixing fresh air with exhaust air in a controlled manner to reduce the concentration of contaminants. The process is used for removing volatile organic compounds (VOCs), odors, and moisture from the exhaust air. It helps in improving indoor air quality by reducing levels of pollutants and improves worker comfort by eliminating dryness, fatigue, heat stress, eye irritation and skin dryness caused due to poor indoor environment quality.
Local Exhaust Ventilation:
Local exhaust ventilation is a system used to remove smoke, gases and vapors from a building. It consists of an exhaust fan mounted on the roof or in the ceiling of the building which forces out fumes and air through an opening in the wall. The Local Exhaust Ventilation (LEV) systems are used for removing unwanted odors from manufacturing facilities as well as commercial spaces such as offices, schools, hospitals etc.
Application Insights:
Building products application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising construction activities across various regions, including Asia Pacific and Middle East & Africa, which require industrial ventilation systems for manufacturing spaces.
The chemical industry is one of the largest consumers of HVAC systems owing to its requirement for large volumes of cooling/heating as well as ventilation air. In addition, stringent regulations on workplace safety by regulatory bodies such as OSHA and EPA are expected to drive product demand in this sector over the coming years.
Manufacturing industries require a lot of fresh air for cleaning processes along with heat removal from production areas that drives demand for HVAC systems in these industries globally. However, stringent government rules regarding indoor environmental quality coupled with increasing awareness about employee health are expected to impact industry growth negatively over the forecast period.
Regional Analysis:
Asia Pacific dominated the global industry with a revenue share of over 38% in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing industrialization and rapid urbanization in emerging economies including China and India. In addition, rising awareness regarding employee health & safety coupled with stringent government regulations are anticipated to drive demand for industrial ventilation systems across Asia Pacific during the forecast period.
The market in North America accounted for more than 20% of global revenue share in 2017 on account of high penetration rates observed for local exhaust ventilation systems across various end-use industries such as food & beverage, pharmaceuticals and manufacturing sectors based out of Mexico City area. Furthermore, growing oil & gas exploration activities along with shale gas developments are projected to augment product demand within North America region during the forecast period.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for energy-efficient industrial ventilation systems
- Growing awareness about the benefits of industrial ventilation systems
- Rising number of construction projects in developing countries
- Proliferation of online shopping and e-commerce platforms
- Technological advancements in industrial ventilation systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Ventilation Systems Market Research Report
By Type
Dilution Ventilation, Local Exhaust Ventilation
By Application
Building Products, Chemical, Manufacturing, Metals & Mining, Oil & Gas, Power
By Companies
Caverion, Impact Air Systems, The Vets Group, Robovent, Airecon, Broan-NuTone, Delta Product, Zehnderd, Systemair, Vent-Axia, Airflow Developments, Polypipe Ventilation, CECO Environmental
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Ventilation Systems Market Report Segments:
The global Industrial Ventilation Systems market is segmented on the basis of:
Types
Dilution Ventilation, Local Exhaust Ventilation
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
Building Products, Chemical, Manufacturing, Metals & Mining, Oil & Gas, Power
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:
- Caverion
- Impact Air Systems
- The Vets Group
- Robovent
- Airecon
- Broan-NuTone
- Delta Product
- Zehnderd
- Systemair
- Vent-Axia
- Airflow Developments
- Polypipe Ventilation
- CECO Environmental
Highlights of The Industrial Ventilation Systems 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:
- Dilution Ventilation
- Local Exhaust Ventilation
- By Application:
- Building Products
- Chemical
- Manufacturing
- Metals & Mining
- Oil & Gas
- Power
- 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 Industrial Ventilation Systems 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
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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?
Industrial ventilation systems are used to control the amount of air that is breathed in and out of a workplace. They can be used to improve worker safety, reduce energy costs, and improve plant productivity.
Some of the major companies in the industrial ventilation systems market are Caverion, Impact Air Systems, The Vets Group, Robovent, Airecon, Broan-NuTone, Delta Product, Zehnderd, Systemair, Vent-Axia, Airflow Developments, Polypipe Ventilation, CECO Environmental.
The industrial ventilation systems market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Ventilation Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Ventilation Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Ventilation Systems Market - Supply Chain
4.5. Global Industrial Ventilation Systems Market Forecast
4.5.1. Industrial Ventilation Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Ventilation Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Ventilation Systems Market Absolute $ Opportunity
5. Global Industrial Ventilation Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Ventilation Systems Market Size and Volume Forecast by Type
5.3.1. Dilution Ventilation
5.3.2. Local Exhaust Ventilation
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Ventilation Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Ventilation Systems Market Size and Volume Forecast by Application
6.3.1. Building Products
6.3.2. Chemical
6.3.3. Manufacturing
6.3.4. Metals & Mining
6.3.5. Oil & Gas
6.3.6. Power
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Ventilation Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Ventilation Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Ventilation Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Ventilation Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Ventilation Systems Demand Share Forecast, 2019-2026
9. North America Industrial Ventilation Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Ventilation Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Ventilation Systems Market Size and Volume Forecast by Application
9.4.1. Building Products
9.4.2. Chemical
9.4.3. Manufacturing
9.4.4. Metals & Mining
9.4.5. Oil & Gas
9.4.6. Power
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Ventilation Systems Market Size and Volume Forecast by Type
9.7.1. Dilution Ventilation
9.7.2. Local Exhaust Ventilation
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Ventilation Systems Demand Share Forecast, 2019-2026
10. Latin America Industrial Ventilation Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Ventilation Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Ventilation Systems Market Size and Volume Forecast by Application
10.4.1. Building Products
10.4.2. Chemical
10.4.3. Manufacturing
10.4.4. Metals & Mining
10.4.5. Oil & Gas
10.4.6. Power
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Ventilation Systems Market Size and Volume Forecast by Type
10.7.1. Dilution Ventilation
10.7.2. Local Exhaust Ventilation
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Ventilation Systems Demand Share Forecast, 2019-2026
11. Europe Industrial Ventilation Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Ventilation Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Ventilation Systems Market Size and Volume Forecast by Application
11.4.1. Building Products
11.4.2. Chemical
11.4.3. Manufacturing
11.4.4. Metals & Mining
11.4.5. Oil & Gas
11.4.6. Power
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Ventilation Systems Market Size and Volume Forecast by Type
11.7.1. Dilution Ventilation
11.7.2. Local Exhaust Ventilation
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Ventilation Systems Demand Share, 2019-2026
12. Asia Pacific Industrial Ventilation Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Ventilation Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Ventilation Systems Market Size and Volume Forecast by Application
12.4.1. Building Products
12.4.2. Chemical
12.4.3. Manufacturing
12.4.4. Metals & Mining
12.4.5. Oil & Gas
12.4.6. Power
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Ventilation Systems Market Size and Volume Forecast by Type
12.7.1. Dilution Ventilation
12.7.2. Local Exhaust Ventilation
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Ventilation Systems Demand Share, 2019-2026
13. Middle East & Africa Industrial Ventilation Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Ventilation Systems Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Ventilation Systems Market Size and Volume Forecast by Application
13.4.1. Building Products
13.4.2. Chemical
13.4.3. Manufacturing
13.4.4. Metals & Mining
13.4.5. Oil & Gas
13.4.6. Power
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Ventilation Systems Market Size and Volume Forecast by Type
13.7.1. Dilution Ventilation
13.7.2. Local Exhaust Ventilation
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Ventilation Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Ventilation Systems Market: Market Share Analysis
14.2. Industrial Ventilation Systems Distributors and Customers
14.3. Industrial Ventilation Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Caverion
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Impact Air Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. The Vets Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Robovent
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Airecon
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Broan-NuTone
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Delta Product
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Zehnderd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Systemair
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Vent-Axia
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Airflow Developments
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Polypipe Ventilation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. CECO Environmental
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
