North America Mechanical Ventilation Systems Market Share and Forecast by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

North America 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)

Report Date : Nov 2021
Report Code : TIPRE00025847

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 85

Page Updated: Nov 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The mechanical ventilation systems market in North America is expected to grow from US$ 5216.29 million in 2021 to US$ 7239.52 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028.

Growth in smart cities and green building initiatives is driving the mechanical ventilation system market. Stringent government regulations to reduce energy consumption and increased demands for sustainable building options has led to the construction of green buildings. Growing emphasis on indoor environmental quality (IEQ) in green buildings is increasing the installations of mechanical ventilation systems. There is a growing demand for the use of energy recovery ventilation, whole-house fans, and energy-saving exhaust fans among the green building builders to address ventilation, moisture control, and local exhaust, supply air filtration, radon protection, and contaminant control. Countries such as the US and Canada are actively pursuing a smart city strategy. Ryerson University in Toronto, Canada, is studying the economic impact of mechanical ventilation in buildings, offsetting carbon emissions and making them carbon neutral. According to the US Green Building Council (USGBC), green buildings with supportive mechanical and energy ventilators can lead to a 10% increase in asset value. Such initiatives have increased the construction of more “green buildings” and have subsequently surged the demands for mechanical ventilation systems, which is significantly driving market growth.

The increasing number of infected individuals has led governments of North American countries to shut down nation’s borders during Q2 of 2021. Manufacturing facilities are either temporarily shut or are operating with limited staff strength; moreover, the supply chains of components and parts are disrupted. The United States is the largest markets for mechanical ventilation system, especially due to its technologically advanced aerospace & defense and manufacturing sectors. However, the outbreak has severely affected the production and revenue generation due to lowered production volumes. Thus, the COVID-19 pandemic continues to have a negative impact on the growth of the mechanical ventilation system market in North America.

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 North America mechanical ventilation systems market. The North America mechanical ventilation systems market is expected to grow at a good CAGR during the forecast period.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

North America Mechanical Ventilation Systems Market Segmentation

North America Mechanical Ventilation Systems Market – By Type

Exhaust Ventilation
Supply Ventilation
Balanced Ventilation
Energy Recovery Ventilation

North America Mechanical Ventilation Systems Market – By Application

Industrial
Residential
Commercial

North America Mechanical Ventilation Systems Market – By Country

US
Canada
Mexico

North America Mechanical Ventilation Systems Market – Companies Mentioned

Vortice
BLAUBERG
Infineon Technologies AG
AERMEC
Mitsubishi Electric Corporation

North America Mechanical Ventilation Systems Report Scope

Report Attribute	Details
Market size in 2021	US$ 5216.29 Million
Market Size by 2028	US$ 7239.52 Million
Global CAGR (2021 - 2028)	4.8%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Exhaust Ventilation Supply Ventilation Balanced Ventilation Energy Recovery Ventilation By Application Industrial Residential Commercial
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	Vortice BLAUBERG Infineon Technologies AG AERMEC Mitsubishi Electric Corporation

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the North America Mechanical Ventilation Systems Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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