Europe Mechanical Ventilation Systems Market to Grow at a CAGR of 5.4% to reach US$ 6,626.53 million Million from 2021 to 2028

Europe 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 Code : TIPRE00025848
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 109
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The mechanical ventilation systems market in Europe is expected to grow from US$ 4591.47 million in 2021 to US$ 6626.53 million by 2028; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028.



The residential sector consumes a significant amount of energy equivalent to one third of total primary energy resources available. Increase in building service demands and improvised lifestyle have further increased the energy consumption. Thus, energy-efficient ventilation systems, such as energy recovery ventilation (ERV), can drastically save energy by reducing the demands for electricity and power for heating and cooling and providing appropriate ventilation to residential or commercial buildings. Moreover, energy-efficient mechanical ventilation systems improve humidity control by pre-drying the incoming ventilation air. They also encourage building operators to improve quality of the indoor air and meet simplified building codes for consistent increase in energy consumption. Further, the integration of energy-efficient mechanical ventilators into the ductwork of residential or commercial buildings helps to achieve proper ventilation. The demands for energy-efficient ventilation system is further augmented for removing pollutants emitted by indoor sources. The high rates of air change can cause energy burden on a building’s heating or cooling needs. Ventilation accounts for 30% or more of space conditioning energy and has increased the demand to minimize ventilation rate, reduce energy, and ensure optimum indoor air quality. The proportion of airborne energy loss is much higher in buildings constructed at high standards of thermal insulation. The amount of energy consumed is dependent on the flow rate of ventilation and the amount of air conditioning necessary to achieve thermal comfort. Additional energy is needed to drive mechanical ventilation systems, cool air by refrigeration, and maintain humidity levels. Exponential growth in the rate of energy consumption and dissipation in the commercial and residential sectors have created an emphasis on energy conservation development, which has, in turn, increased the demand for energy-efficient mechanical ventilation systems.

Currently, the UK is the most impacted country by the COVID-19, followed by Russia, France, and Italy. Owing to implementation of containment measures such as travel restriction, shutdown of manufacturing facilities and businesses in the region the slewing bearing market witness a crunch from supply side. Moreover, as containment measures also affected the operation of end user of mechanical ventilation system which subsequently impacted the market from demand side. However, as containment measures were relaxed the mechanical ventilation system market started witnessing 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 Europe mechanical ventilation systems market. The Europe mechanical ventilation systems market is expected to grow at a good CAGR during the forecast period.

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Europe Mechanical Ventilation Systems Market Segmentation

Europe Mechanical Ventilation Systems Market – By Type

  • Exhaust Ventilation
  • Supply Ventilation
  • Balanced Ventilation
  • Energy Recovery Ventilation

Europe Mechanical Ventilation Systems Market – By Application

  • Industrial
  • Residential
  • Commercial

Europe Mechanical Ventilation Systems Market – By Country

  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Mechanical Ventilation Systems Market – Companies Mentioned

  • Vortice                                                                  
  • BLAUBERG                                                             
  • Infineon Technologies AG                                 
  • AERMEC                                                                
  • Mitsubishi Electric Corporation                        
  • Volution Group plc.                                              
  • DUCO Ventilation & Sun Control                      
  • Caladair International                                         
  • Airflow Developments Limited                         
  • Mechanical Air Supplies Ltd.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

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. Europe Mechanical Ventilation Systems – Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Europe Mechanical Ventilation Systems Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growth in the Development of Smart Cities

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

5.2 Market Restraints

5.2.1 Expensive Initial Upfront Cost

5.3 Market Opportunities

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

5.4 Future Trends

5.4.1 Expanding Inclination Towards Hybrid or Mixed Mode Ventilation

5.5 Impact Analysis of Drivers and Restraints

6. Europe Mechanical Ventilation Systems – Market Analysis

6.1 Europe Mechanical Ventilation Systems Market Overview

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

7. Europe Mechanical Ventilation Systems Market Analysis – By Type

7.1 Overview

7.2 Europe: 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. Europe Mechanical Ventilation Systems Market Analysis – By Application

8.1 Overview

8.2 Europe: 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. Europe Mechanical Ventilation Systems Market – Country Analysis

9.1 Overview

9.1.1 Europe: Mechanical Ventilation Systems Market- by Key Country

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

9.1.1.1.1 France: Mechanical Ventilation Systems Market- by Type

9.1.1.1.2 France: Mechanical Ventilation Systems Market- By Application

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

9.1.1.2.1 Germany: Mechanical Ventilation Systems Market- by Type

9.1.1.2.2 Germany: Mechanical Ventilation Systems Market- By Application

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

9.1.1.3.1 Italy: Mechanical Ventilation Systems Market- by Type

9.1.1.3.2 Italy: Mechanical Ventilation Systems Market- By Application

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

9.1.1.4.1 UK: Mechanical Ventilation Systems Market- by Type

9.1.1.4.2 UK: Mechanical Ventilation Systems Market- By Application

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

9.1.1.5.1 Russia: Mechanical Ventilation Systems Market- by Type

9.1.1.5.2 Russia: Mechanical Ventilation Systems Market- By Application

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

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

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

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

10.1 Overview

11. Europe 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 DUCO Ventilation & Sun Control

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 Caladair International

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 Mitsubishi Electric Corporation

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 Airflow Developments Limited

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 Vortice

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

12.7 BLAUBERG

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Infineon Technologies AG (Ventilation System Technology Provider)

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 AERMEC

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 MECHANICAL AIR SUPPLIES LTD

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 14. List of Abbreviation

LIST OF FIGURES

Figure 1. Europe Mechanical Ventilation Systems Market Segmentation

Figure 2. Europe Mechanical Ventilation Systems Market Segmentation – By Country

Figure 3. Europe 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. The UK was the Largest Revenue Contributor in 2020

Figure 7. PEST Analysis – Europe

Figure 8. Mechanical Ventilation Systems Market– Ecosystem Analysis

Figure 9. Expert Opinions

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

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

Figure 12. Europe: 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. Europe: 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: Europe Mechanical Ventilation Systems Market

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

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

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

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

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

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

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

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

  1. Vortice                                                                  
  2. BLAUBERG                                                            
  3. Infineon Technologies AG                                 
  4. AERMEC                                                                
  5. Mitsubishi Electric Corporation                        
  6. Volution Group plc.                                             
  7. DUCO Ventilation & Sun Control                      
  8. Caladair International                                         
  9. Airflow Developments Limited                         
  10. MECHANICAL AIR SUPPLIES LTD                      

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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