Asia Pacific Mechanical Ventilation Systems Market to Grow at a CAGR of 6.2% to reach US$ 10,671.96 million Million from 2021 to 2028

The mechanical ventilation systems market in Asia Pacific is expected to grow from US$ 7022.97 million in 2021 to US$ 10671.96 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028.

Growing innovations in energy recovery ventilation is anticipated to provide lucrative growth opportunities for the mechanical ventilation system market. Prominent players are increasingly investing in the design and development of controlled ventilation that transfers heat from the warm exhaust air to the cold supply air to minimize energy and cost of heating ventilated air. A few energy recovery systems also use existing ductwork to manage the expenses. Efficient ducts can effectively reduce pressure drops in the system and improve overall performance. The incorporation of embedded devices in energy recovery systems prevent it from freezing and reduce frost formation that can damage heat exchangers. This further decreases the maintenance costs. Increased focus on indoor climate have increased demand for turn-key heating, ventilation, and air conditioning (HVAC) solutions and integrated cooling methodologies. This is enabling the market vendors to invest in technologies that helps to obtain good thermal comfort and indoor air quality in warm summer seasons. The technological development in the HVAC industry is focused on cost down initiatives and improvements of existing technology. There is a growing demand for latent heat storage, with higher storage density and smaller temperature changes. The potential use of Phase Change Material (PCM) in HVAC solutions for thermal storage and temperature maintenance applications, and innovations in the Next Generation Ventilation (NeGeV) to optimize system performance and cater to the ventilation and cooling demands for commercial and industrial sectors are among the factors bolstering the growth of the market. Further, significant developments and innovations in mechanical ventilation systems are anticipated to match current price levels and greatly reduce operating costs while offering 50–90% reduced energy consumption and a reduced carbon footprint. All the aforementioned factors are expected to support market growth and offer lucrative growth opportunities to market players.

The region is characterized by the presence of several developing countries, positive economic outlook, and huge industrial sector, in addition to the largest share of global population. These factors make Asia Pacific a major region for the growth of the Mechanical ventilation system market. The shutdown of various plants and factories in many economies in the Asia Pacific has affected the supply chains and negatively impacting the manufacturing processes, delivery schedules, and product and service sales. The Asia Pacific is global manufacturing hub with countries such as China, Japan, and South Korea leading the global manufacturing sector. Disruptions in supply chains and manufacturing activities have led to the discontinuation of the production of new mechanical ventilation system, which is hindering the market growth. Meanwhile, with the initiation of vaccination drive coupled with reopening of economies the mechanical ventilation system market witness positive growth from the Q1 of 2021.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific mechanical ventilation systems market. The Asia Pacific mechanical ventilation systems market is expected to grow at a good CAGR during the forecast period.

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Asia Pacific Mechanical Ventilation Systems Market Segmentation

Asia Pacific Mechanical Ventilation Systems Market – By Type

Exhaust Ventilation
Supply Ventilation
Balanced Ventilation
Energy Recovery Ventilation

Asia Pacific Mechanical Ventilation Systems Market – By Application

Industrial
Residential
Commercial

Asia Pacific Mechanical Ventilation Systems Market – By Country

Australia
China
India
Japan
South Korea
Rest of APAC

Asia Pacific Mechanical Ventilation Systems Market – Companies Mentioned

Vortice
BLAUBERG
Infineon Technologies AG
AERMEC
Mitsubishi Electric Corporation
Volution Group plc.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Asia Pacific Mechanical Ventilation Systems – Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Asia Pacific Mechanical Ventilation Systems Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Surge in the Development of Smart Cities

5.1.2 Up-lifting Need for Energy-Efficient Ventilation Systems in Residential and Commercial Sectors

5.2 Market Restraints

5.2.1 Excessive Initial Upfront Cost

5.3 Market Opportunities

5.3.1 Growing Innovations in Cost-Effective Energy Recovery Ventilators (ERV)

5.4 Future Trends

5.4.1 Boosting Inclination Towards Hybrid or Mixed Mode Ventilation

5.5 Impact Analysis of Drivers and Restraints

6. Asia Pacific Mechanical Ventilation Systems – Market Analysis

6.1 Asia Pacific Mechanical Ventilation Systems Market Overview

6.2 Asia Pacific Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)

7. Asia Pacific Mechanical Ventilation Systems Market Analysis – By Type

7.1 Overview

7.2 Asia Pacific Mechanical Ventilation Systems Market- by Type

7.3 Exhaust Ventilation

7.3.1 Overview

7.3.2 Exhaust Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)

7.4 Supply Ventilation

7.4.1 Overview

7.4.2 Supply Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)

7.5 Balanced Ventilation

7.5.1 Overview

7.5.2 Balanced Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)

7.6 Energy Recovery Ventilation

7.6.1 Overview

7.6.2 Energy Recovery Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)

8. Asia Pacific Mechanical Ventilation Systems Market Analysis – By Application

8.1 Overview

8.2 Asia Pacific Mechanical Ventilation Systems Market- By Application

8.3 Industrial

8.3.1 Overview

8.3.2 Industrial: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)

8.4 Residential

8.4.1 Overview

8.4.2 Residential: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)

8.5 Commercial

8.5.1 Overview

8.5.2 Commercial: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)

9. Asia Pacific Mechanical Ventilation Systems Market – Country Analysis

9.1 Overview

9.1.1 Asia Pacific: Mechanical Ventilation Systems Market- by Key Country

9.1.1.1 Australia: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1 Australia: Mechanical Ventilation Systems Market- by Type

9.1.1.1.2 Australia: Mechanical Ventilation Systems Market- By Application

9.1.1.2 China: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1 China: Mechanical Ventilation Systems Market- by Type

9.1.1.2.2 China: Mechanical Ventilation Systems Market- By Application

9.1.1.3 India: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1 India: Mechanical Ventilation Systems Market- by Type

9.1.1.3.2 India: Mechanical Ventilation Systems Market- By Application

9.1.1.4 Japan: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1 Japan: Mechanical Ventilation Systems Market- by Type

9.1.1.4.2 Japan: Mechanical Ventilation Systems Market- By Application

9.1.1.5 South Korea: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1 South Korea: Mechanical Ventilation Systems Market- by Type

9.1.1.5.2 South Korea: Mechanical Ventilation Systems Market- By Application

9.1.1.6 Rest of APAC: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1 Rest of APAC: Mechanical Ventilation Systems Market- by Type

9.1.1.6.2 Rest of APAC: Mechanical Ventilation Systems Market- By Application

10. Impact of COVID-19 Pandemic on Asia Pacific Mechanical Ventilation Systems Market

10.1 Overview

11. Asia Pacific Mechanical Ventilation System Market –Industry Landscape

11.1 Overview

11.1 Market Initiative

11.2 New Product Development

12. Company Profiles

12.1 Volution Group plc

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Mitsubishi Electric Corporation

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Vortice

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 BLAUBERG

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Infineon Technologies AG (Ventilation System Technology Provider)

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 AERMEC

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

Table 1. Asia Pacific Mechanical Ventilation Systems Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2. Australia: Mechanical Ventilation Systems Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 3. Australia: Mechanical Ventilation Systems Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 4. China: Mechanical Ventilation Systems Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 5. China: Mechanical Ventilation Systems Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 6. India: Mechanical Ventilation Systems Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 7. India: Mechanical Ventilation Systems Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 8. Japan: Mechanical Ventilation Systems Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 9. Japan: Mechanical Ventilation Systems Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 10. South Korea: Mechanical Ventilation Systems Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 11. South Korea: Mechanical Ventilation Systems Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 12. Rest of APAC: Mechanical Ventilation Systems Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 13. Rest of APAC: Mechanical Ventilation Systems Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 14. List of Abbreviation

LIST OF FIGURES

Figure 1. Asia Pacific Mechanical Ventilation Systems Market Segmentation

Figure 2. Asia Pacific Mechanical Ventilation Systems Market Segmentation – By Country

Figure 3. Asia Pacific Mechanical Ventilation Systems Market Overview

Figure 4. Exhaust Mechanical Ventilation Systems Segment Held the Largest Market Share in 2020

Figure 5. Commercial Segment Held the Largest Market Share in 2020

Figure 6. China was the Largest Revenue Contributor in 2020

Figure 7. PEST Analysis – Asia Pacific

Figure 8. Mechanical Ventilation Systems Market– Ecosystem Analysis

Figure 9. Expert Opinions

Figure 10. Asia Pacific Mechanical Ventilation System Market: Impact Analysis of Drivers and Restraints

Figure 11. Asia Pacific Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. Asia Pacific Mechanical Ventilation Systems Market Revenue Share, By Type (2020 and 2028)

Figure 13. Exhaust Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)

Figure 14. Supply Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)

Figure 15. Balanced Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)

Figure 16. Energy Recovery Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)

Figure 17. Asia Pacific Mechanical Ventilation Systems Market Revenue Share, By Application (2020 and 2028)

Figure 18. Industrial: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)

Figure 19. Residential: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)

Figure 20. Commercial: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. Geographic Overview: Asia Pacific Mechanical Ventilation Systems Market

Figure 22. Asia Pacific: Mechanical Ventilation Systems Market Revenue Share, By Key Country (2020 and 2028)

Figure 23. Australia: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. China: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. India: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. Japan: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. South Korea: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. Rest of APAC: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Vortice
BLAUBERG
Infineon Technologies AG
AERMEC
Mitsubishi Electric Corporation
Volution Group plc.

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific mechanical ventilation systems market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific mechanical ventilation systems market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the mechanical ventilation systems market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Report Code

TIPRE00025849

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Asia Pacific Mechanical Ventilation Systems Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Exhaust Ventilation, Supply Ventilation, Balanced Ventilation, and Energy Recovery Ventilation) and Application (Industrial, Residential, and Commercial)