The global underground mine ventilation devices market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for coal and metal mining in emerging economies such as China and India, which are witnessing an increase in their GDP per capita and consequently, an increase in their demand for energy resources.
The global underground mine ventilation devices market has been segmented on the basis of type into fans & blowers, refrigeration & cooling systems, heating equipments; on the basis of application into coal mining and metal mining; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA).
5a) Increasing use of renewable energy sources such as solar and wind power is also driving this market's growth because it reduces dependence on fossil fuels like coal, which leads to lower levels of air pollution from these sources;.
5b) This reduction in air pollution leads to a decrease in respiratory diseases caused by exposure to pollutants like sulfur dioxide (SO2), nitrogen oxides (NOx), particulate matter (PM10), carbon monoxide (CO), ozone (O3) etc, which then leads back into an increase in demand for underground mine ventilation devices that can help reduce these pollutants while still meeting emission standards set by regulatory bodies like EPA or OSHA; 6) Growing awareness about climate change among people around the world is also leading them towards using renewable energy sources instead of fossil fuels because they want their contribution towards climate change mitigation efforts be more significant than what it would be if they were just using fossil fuels alone; 7a) This growing awareness about climate change among people around the world will lead them towards using renewable energy sources instead of fossil fuels because they want their contribution towards climate change mitigation efforts be more significant than what it would be if they were just using fossil fuels alone; 7b) This growing awareness about climate change among people around the world will lead them towards using renewable energy sources instead of fossil fuels because they want their contribution towards climate change mitigation efforts be more significant than what it would be if they were just using fossil fuels alone.
- The increasing demand for coal and other minerals is driving the growth of the underground mine ventilation devices market.
- The need to reduce emissions from coal-fired power plants is also driving the growth of this market.
- The increasing number of mining accidents in recent years has led to an increased focus on safety, which in turn has led to a rise in demand for underground mine ventilation devices that can help prevent such accidents from happening again.
- Increasing awareness about environmental issues and regulations related to air pollution are also driving the growth of this market, as they have led to stricter emission standards for coal-fired power plants and mines, which in turn has led to a rise in demand for underground mine ventilation devices that can help meet these standards while reducing emissions at the same time.
Industry Growth Insights published a new data on “Underground Mine Ventilation Devices Market”. The research report is titled “Underground Mine Ventilation Devices Market research by Types (Fans & Blowers, Refrigeration & Cooling Systems, Heating Equipments, Others), By Applications (Coal Mining, Metal Mining), By Players/Companies Howden, Epiroc, TLT-Turbo, ABB, ABC Industries, Twin City Fan?Blower, New York Blower, Zitron, ABC Ventilation Systems, Clemcorp Australia, ECE-COGEMACOUSTIC, Sibenergomash-BKZ, Hurley Ventilation, Parag Fans?Cooling Systems, Chicago Blower, Multi-Wing, Zibo Jinhe Fan, Spendrup FAN, Specialist Mechanical Engineers, Rotary Machine Equipment, AFS”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Underground Mine Ventilation Devices Market Research Report
By Type
Fans & Blowers, Refrigeration & Cooling Systems, Heating Equipments, Others
By Application
Coal Mining, Metal Mining
By Companies
Howden, Epiroc, TLT-Turbo, ABB, ABC Industries, Twin City Fan?Blower, New York Blower, Zitron, ABC Ventilation Systems, Clemcorp Australia, ECE-COGEMACOUSTIC, Sibenergomash-BKZ, Hurley Ventilation, Parag Fans?Cooling Systems, Chicago Blower, Multi-Wing, Zibo Jinhe Fan, Spendrup FAN, Specialist Mechanical Engineers, Rotary Machine Equipment, AFS
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Underground Mine Ventilation Devices Market Report Segments:
The global Underground Mine Ventilation Devices market is segmented on the basis of:
Types
Fans & Blowers, Refrigeration & Cooling Systems, Heating Equipments, 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
Coal Mining, Metal Mining
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:
- Howden
- Epiroc
- TLT-Turbo
- ABB
- ABC Industries
- Twin City Fan?Blower
- New York Blower
- Zitron
- ABC Ventilation Systems
- Clemcorp Australia
- ECE-COGEMACOUSTIC
- Sibenergomash-BKZ
- Hurley Ventilation
- Parag Fans?Cooling Systems
- Chicago Blower
- Multi-Wing
- Zibo Jinhe Fan
- Spendrup FAN
- Specialist Mechanical Engineers
- Rotary Machine Equipment
- AFS
Highlights of The Underground Mine 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:
- Fans & Blowers
- Refrigeration & Cooling Systems
- Heating Equipments
- Others
- By Application:
- Coal Mining
- Metal Mining
- 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 Underground Mine 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.
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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?
Underground mine ventilation devices are systems that use fans, filters, and other equipment to remove harmful gases and particles from mines. These systems help protect miners from dangerous levels of air pollution.
Some of the major companies in the underground mine ventilation devices market are Howden, Epiroc, TLT-Turbo, ABB, ABC Industries, Twin City Fan?Blower, New York Blower, Zitron, ABC Ventilation Systems, Clemcorp Australia, ECE-COGEMACOUSTIC, Sibenergomash-BKZ, Hurley Ventilation, Parag Fans?Cooling Systems, Chicago Blower, Multi-Wing, Zibo Jinhe Fan, Spendrup FAN, Specialist Mechanical Engineers, Rotary Machine Equipment, AFS.
The underground mine ventilation devices market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Underground Mine Ventilation Devices 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. Underground Mine Ventilation Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Underground Mine Ventilation Devices Market - Supply Chain
4.5. Global Underground Mine Ventilation Devices Market Forecast
4.5.1. Underground Mine Ventilation Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Underground Mine Ventilation Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Underground Mine Ventilation Devices Market Absolute $ Opportunity
5. Global Underground Mine Ventilation Devices 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. Underground Mine Ventilation Devices Market Size and Volume Forecast by Type
5.3.1. Fans & Blowers
5.3.2. Refrigeration & Cooling Systems
5.3.3. Heating Equipments
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Underground Mine Ventilation Devices 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. Underground Mine Ventilation Devices Market Size and Volume Forecast by Application
6.3.1. Coal Mining
6.3.2. Metal Mining
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Underground Mine Ventilation Devices 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. Underground Mine Ventilation Devices 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 Underground Mine Ventilation Devices 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. Underground Mine Ventilation Devices 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 Underground Mine Ventilation Devices Demand Share Forecast, 2019-2026
9. North America Underground Mine Ventilation Devices 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 Underground Mine Ventilation Devices 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 Underground Mine Ventilation Devices Market Size and Volume Forecast by Application
9.4.1. Coal Mining
9.4.2. Metal Mining
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Underground Mine Ventilation Devices Market Size and Volume Forecast by Type
9.7.1. Fans & Blowers
9.7.2. Refrigeration & Cooling Systems
9.7.3. Heating Equipments
9.7.4. Others
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 Underground Mine Ventilation Devices Demand Share Forecast, 2019-2026
10. Latin America Underground Mine Ventilation Devices 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 Underground Mine Ventilation Devices 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 Underground Mine Ventilation Devices Market Size and Volume Forecast by Application
10.4.1. Coal Mining
10.4.2. Metal Mining
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Underground Mine Ventilation Devices Market Size and Volume Forecast by Type
10.7.1. Fans & Blowers
10.7.2. Refrigeration & Cooling Systems
10.7.3. Heating Equipments
10.7.4. Others
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 Underground Mine Ventilation Devices Demand Share Forecast, 2019-2026
11. Europe Underground Mine Ventilation Devices 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 Underground Mine Ventilation Devices 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 Underground Mine Ventilation Devices Market Size and Volume Forecast by Application
11.4.1. Coal Mining
11.4.2. Metal Mining
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Underground Mine Ventilation Devices Market Size and Volume Forecast by Type
11.7.1. Fans & Blowers
11.7.2. Refrigeration & Cooling Systems
11.7.3. Heating Equipents
11.7.4. Others
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 Underground Mine Ventilation Devices Demand Share, 2019-2026
12. Asia Pacific Underground Mine Ventilation Devices 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 Underground Mine Ventilation Devices 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 Underground Mine Ventilation Devices Market Size and Volume Forecast by Application
12.4.1. Coal Mining
12.4.2. Metal Mining
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Underground Mine Ventilation Devices Market Size and Volume Forecast by Type
12.7.1. Fans & Blowers
12.7.2. Refrigeration & Cooling Systems
12.7.3. Heating Equipments
12.7.4. Others
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 Underground Mine Ventilation Devices Demand Share, 2019-2026
13. Middle East & Africa Underground Mine Ventilation Devices 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 Underground Mine Ventilation Devices 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 Underground Mine Ventilation Devices Market Size and Volume Forecast by Application
13.4.1. Coal Mining
13.4.2. Metal Mining
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Underground Mine Ventilation Devices Market Size and Volume Forecast by Type
13.7.1. Fans & Blowers
13.7.2. Refrigeration & Cooling Systems
13.7.3. Heating Equipments
13.7.4. Others
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 Underground Mine Ventilation Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Underground Mine Ventilation Devices Market: Market Share Analysis
14.2. Underground Mine Ventilation Devices Distributors and Customers
14.3. Underground Mine Ventilation Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Howden
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Epiroc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TLT-Turbo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ABB
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ABC Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Twin City Fan?Blower
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. New York Blower
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Zitron
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ABC Ventilation Systems
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Clemcorp Australia
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ECE-COGEMACOUSTIC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sibenergomash-BKZ
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hurley Ventilation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Parag Fans?Cooling Systems
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Chicago Blower
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Multi-Wing
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Zibo Jinhe Fan
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Spendrup FAN
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Specialist Mechanical Engineers
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Rotary Machine Equipment
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
