Ventilation System Market, Global Outlook and Forecast 2024-2030
The global Ventilation System market size was valued at US$ 16.78 billion in 2024 and is projected to reach US$ 25.34 billion by 2030, at a CAGR of 7.1% during the forecast period 2024-2030.
The United States Ventilation System market size was valued at US$ 4.56 billion in 2024 and is projected to reach US$ 6.78 billion by 2030, at a CAGR of 6.8% during the forecast period 2024-2030.
Ventilation Systems are mechanical systems designed to maintain air quality in buildings through the exchange of indoor and outdoor air, including various types of fans, ducts, and air handling units.
The global market is growing steadily, driven by indoor air quality concerns and building regulations. In 2023, unit installations reached 12.5 million globally, with commercial buildings accounting for 45% of demand. The market saw a 30% increase in energy recovery ventilation adoption in 2023. Mechanical ventilation dominates with a 70% market share, while natural ventilation systems are growing at 8% annually. Europe leads with a 35% market share, while Asia Pacific is the fastest-growing region at 7.8% CAGR. The industry is focusing on developing smart ventilation solutions, with a 35% growth in R&D investments for IoT integration.
Report Overview
This report studies the ventilation system market, a ventilation system is a type of mechanical equipment that features a ventilation system for providing controlled ventilation into a building. There are two types of ventilation systems, one is ventilation only, and the other is ventilation system combined with energy recovery.
This report provides a deep insight into the global Ventilation System market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Ventilation System Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Ventilation System market in any manner.
Global Ventilation System Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Carrier (United Technologies)
Johnson Controls
Daikin Industries
Trane
Nortek
Lennox International Inc.
Mitsubishi Electric
Greenheck
FUJITSU
Zehnder
LG Electronics
Renewaire
Ostberg
Broan
Honeywell
Panasonic
Zifer
LIFAair
Dephina
Blauberg Ventilatoren
Menred
Depurate
Market Segmentation (by Type)
Wall-Mount Type
Ceiling-Mount Type
Cabinet-Mount Type
Market Segmentation (by Application)
Residential
Non-Residential
Geographic Segmentation
