MARKET OVERVIEW
Industrial ventilation controls air movement, quality, and temperature in industrial facilities to meet employees' comfort, safety, and health needs and maintain the acceptable air quality in the workplace. The industrial ventilation equipment market refers to the market for products and systems used for ventilation in industrial facilities. With rising energy costs and a growing emphasis on sustainability, there is an increased demand for energy-efficient industrial ventilation equipment. This trend is driving the development of innovative technologies that can reduce energy consumption while maintaining optimal air quality.
MARKET DYNAMICS
Rising level of air pollution at industrial premises is resulting in growing cases of asthma and chronic obstructive pulmonary disorders. Strict environmental and government regulations regarding the health and safety at industrial workplaces have given rise to the demand of ventilation equipment across several industrial sectors. Further factors like increasing infrastructure development and urbanization are the key drivers for accelerating the growth of the industrial ventilation equipment market.
MARKET SCOPE
The "Global Industrial Ventilation Equipment Market Analysis to 2028" is a specialized and in-depth study of the industrial ventilation equipment market with a special focus on the global market trend analysis. The report aims to provide an overview of industrial ventilation equipment market with detailed market segmentation by type, application and geography. The global industrial ventilation equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial ventilation equipment market players and offers key trends and opportunities in the industrial ventilation equipment market.
MARKET SEGMENTATION
The global industrial ventilation equipment market is segmented on the basis of type and application. On the basis of type, the market is segmented as centrifugal fans, axial fans and others. On the basis of application, the market is segmented as building applications, chemical, general manufacturing, metals and mining, oil and gas and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial ventilation equipment market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial ventilation equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial ventilation equipment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the industrial ventilation equipment market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global industrial ventilation equipment market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The industrial ventilation equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting industrial ventilation equipment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the industrial ventilation equipment market in these regions.
MARKET PLAYERS
The reports cover key developments in the industrial ventilation equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from industrial ventilation equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial ventilation equipment market. Below mentioned is the list of few companies engaged in the industrial ventilation equipment market.
The report also includes the profiles of key industrial ventilation equipment market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ACME Engineering and Manufacturing
- ebm-papst
- FlaktGroup India Private Limited
- Greenheck Fan Corporation
- Howden Group
- Johnson Controls
- Loren Cook Company
- S and P Sistemas de Ventilación SLU
- Systemair India Pvt. Ltd.
- Twin City Fan and Blower.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Industrial Ventilation Equipment Market - By Type
1.3.2 Industrial Ventilation Equipment Market - By Application
1.3.3 Industrial Ventilation Equipment Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. INDUSTRIAL VENTILATION EQUIPMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. INDUSTRIAL VENTILATION EQUIPMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. INDUSTRIAL VENTILATION EQUIPMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. INDUSTRIAL VENTILATION EQUIPMENT - GLOBAL MARKET OVERVIEW
6.2. INDUSTRIAL VENTILATION EQUIPMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. INDUSTRIAL VENTILATION EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CENTRIFUGAL FANS
7.3.1. Overview
7.3.2. Centrifugal Fans Market Forecast and Analysis
7.4. AXIAL FANS
7.4.1. Overview
7.4.2. Axial Fans Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. INDUSTRIAL VENTILATION EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. BUILDING APPLICATIONS
8.3.1. Overview
8.3.2. Building Applications Market Forecast and Analysis
8.4. CHEMICAL
8.4.1. Overview
8.4.2. Chemical Market Forecast and Analysis
8.5. GENERAL MANUFACTURING
8.5.1. Overview
8.5.2. General Manufacturing Market Forecast and Analysis
8.6. METALS AND MINING
8.6.1. Overview
8.6.2. Metals and Mining Market Forecast and Analysis
8.7. OIL AND GAS
8.7.1. Overview
8.7.2. Oil and Gas Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. INDUSTRIAL VENTILATION EQUIPMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Industrial Ventilation Equipment Market Overview
9.1.2 North America Industrial Ventilation Equipment Market Forecasts and Analysis
9.1.3 North America Industrial Ventilation Equipment Market Forecasts and Analysis - By Type
9.1.4 North America Industrial Ventilation Equipment Market Forecasts and Analysis - By Application
9.1.5 North America Industrial Ventilation Equipment Market Forecasts and Analysis - By Countries
9.1.5.1 United States Industrial Ventilation Equipment Market
9.1.5.1.1 United States Industrial Ventilation Equipment Market by Type
9.1.5.1.2 United States Industrial Ventilation Equipment Market by Application
9.1.5.2 Canada Industrial Ventilation Equipment Market
9.1.5.2.1 Canada Industrial Ventilation Equipment Market by Type
9.1.5.2.2 Canada Industrial Ventilation Equipment Market by Application
9.1.5.3 Mexico Industrial Ventilation Equipment Market
9.1.5.3.1 Mexico Industrial Ventilation Equipment Market by Type
9.1.5.3.2 Mexico Industrial Ventilation Equipment Market by Application
9.2. EUROPE
9.2.1 Europe Industrial Ventilation Equipment Market Overview
9.2.2 Europe Industrial Ventilation Equipment Market Forecasts and Analysis
9.2.3 Europe Industrial Ventilation Equipment Market Forecasts and Analysis - By Type
9.2.4 Europe Industrial Ventilation Equipment Market Forecasts and Analysis - By Application
9.2.5 Europe Industrial Ventilation Equipment Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Industrial Ventilation Equipment Market
9.2.5.1.1 Germany Industrial Ventilation Equipment Market by Type
9.2.5.1.2 Germany Industrial Ventilation Equipment Market by Application
9.2.5.2 France Industrial Ventilation Equipment Market
9.2.5.2.1 France Industrial Ventilation Equipment Market by Type
9.2.5.2.2 France Industrial Ventilation Equipment Market by Application
9.2.5.3 Italy Industrial Ventilation Equipment Market
9.2.5.3.1 Italy Industrial Ventilation Equipment Market by Type
9.2.5.3.2 Italy Industrial Ventilation Equipment Market by Application
9.2.5.4 United Kingdom Industrial Ventilation Equipment Market
9.2.5.4.1 United Kingdom Industrial Ventilation Equipment Market by Type
9.2.5.4.2 United Kingdom Industrial Ventilation Equipment Market by Application
9.2.5.5 Russia Industrial Ventilation Equipment Market
9.2.5.5.1 Russia Industrial Ventilation Equipment Market by Type
9.2.5.5.2 Russia Industrial Ventilation Equipment Market by Application
9.2.5.6 Rest of Europe Industrial Ventilation Equipment Market
9.2.5.6.1 Rest of Europe Industrial Ventilation Equipment Market by Type
9.2.5.6.2 Rest of Europe Industrial Ventilation Equipment Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Industrial Ventilation Equipment Market Overview
9.3.2 Asia-Pacific Industrial Ventilation Equipment Market Forecasts and Analysis
9.3.3 Asia-Pacific Industrial Ventilation Equipment Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Industrial Ventilation Equipment Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Industrial Ventilation Equipment Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Industrial Ventilation Equipment Market
9.3.5.1.1 Australia Industrial Ventilation Equipment Market by Type
9.3.5.1.2 Australia Industrial Ventilation Equipment Market by Application
9.3.5.2 China Industrial Ventilation Equipment Market
9.3.5.2.1 China Industrial Ventilation Equipment Market by Type
9.3.5.2.2 China Industrial Ventilation Equipment Market by Application
9.3.5.3 India Industrial Ventilation Equipment Market
9.3.5.3.1 India Industrial Ventilation Equipment Market by Type
9.3.5.3.2 India Industrial Ventilation Equipment Market by Application
9.3.5.4 Japan Industrial Ventilation Equipment Market
9.3.5.4.1 Japan Industrial Ventilation Equipment Market by Type
9.3.5.4.2 Japan Industrial Ventilation Equipment Market by Application
9.3.5.5 South Korea Industrial Ventilation Equipment Market
9.3.5.5.1 South Korea Industrial Ventilation Equipment Market by Type
9.3.5.5.2 South Korea Industrial Ventilation Equipment Market by Application
9.3.5.6 Rest of Asia-Pacific Industrial Ventilation Equipment Market
9.3.5.6.1 Rest of Asia-Pacific Industrial Ventilation Equipment Market by Type
9.3.5.6.2 Rest of Asia-Pacific Industrial Ventilation Equipment Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Industrial Ventilation Equipment Market Overview
9.4.2 Middle East and Africa Industrial Ventilation Equipment Market Forecasts and Analysis
9.4.3 Middle East and Africa Industrial Ventilation Equipment Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Industrial Ventilation Equipment Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Industrial Ventilation Equipment Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Industrial Ventilation Equipment Market
9.4.5.1.1 South Africa Industrial Ventilation Equipment Market by Type
9.4.5.1.2 South Africa Industrial Ventilation Equipment Market by Application
9.4.5.2 Saudi Arabia Industrial Ventilation Equipment Market
9.4.5.2.1 Saudi Arabia Industrial Ventilation Equipment Market by Type
9.4.5.2.2 Saudi Arabia Industrial Ventilation Equipment Market by Application
9.4.5.3 U.A.E Industrial Ventilation Equipment Market
9.4.5.3.1 U.A.E Industrial Ventilation Equipment Market by Type
9.4.5.3.2 U.A.E Industrial Ventilation Equipment Market by Application
9.4.5.4 Rest of Middle East and Africa Industrial Ventilation Equipment Market
9.4.5.4.1 Rest of Middle East and Africa Industrial Ventilation Equipment Market by Type
9.4.5.4.2 Rest of Middle East and Africa Industrial Ventilation Equipment Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Industrial Ventilation Equipment Market Overview
9.5.2 South and Central America Industrial Ventilation Equipment Market Forecasts and Analysis
9.5.3 South and Central America Industrial Ventilation Equipment Market Forecasts and Analysis - By Type
9.5.4 South and Central America Industrial Ventilation Equipment Market Forecasts and Analysis - By Application
9.5.5 South and Central America Industrial Ventilation Equipment Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Industrial Ventilation Equipment Market
9.5.5.1.1 Brazil Industrial Ventilation Equipment Market by Type
9.5.5.1.2 Brazil Industrial Ventilation Equipment Market by Application
9.5.5.2 Argentina Industrial Ventilation Equipment Market
9.5.5.2.1 Argentina Industrial Ventilation Equipment Market by Type
9.5.5.2.2 Argentina Industrial Ventilation Equipment Market by Application
9.5.5.3 Rest of South and Central America Industrial Ventilation Equipment Market
9.5.5.3.1 Rest of South and Central America Industrial Ventilation Equipment Market by Type
9.5.5.3.2 Rest of South and Central America Industrial Ventilation Equipment Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. INDUSTRIAL VENTILATION EQUIPMENT MARKET, KEY COMPANY PROFILES
11.1. ACME ENGINEERING AND MANUFACTURING
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. EBM-PAPST
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. FLA?KTGROUP INDIA PRIVATE LIMITED
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GREENHECK FAN CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HOWDEN GROUP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. JOHNSON CONTROLS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LOREN COOK COMPANY
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. S AND P SISTEMAS DE VENTILACIóN SLU
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SYSTEMAIR INDIA PVT. LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TWIN CITY FAN AND BLOWER
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
- ACME Engineering and Manufacturing
- ebm-papst
- FlaktGroup India Private Limited
- Greenheck Fan Corporation
- Howden Group
- Johnson Controls
- Loren Cook Company
- S and P Sistemas de Ventilación SLU
- Systemair India Pvt. Ltd.
- Twin City Fan and Blower
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- 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.
- 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:
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.
- 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.
- 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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