Ventilation Fan Market Scope and Growth by 2031
Ventilation Fan Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 3.13 Billion |
Market Size by 2031 | US$ 5.38 Billion |
Global CAGR (2025 - 2031) | 8.9% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Ventilation Fan Market News and Recent Developments
The ventilation fan market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the ventilation fan market are listed below:
- Emb-Papst Group, a manufacturer of motors and fans, announced plans to establish a new production plant in the US, with a US$ 30 million investment to produce highly efficient fans and motors. This second factory expansion will strengthen Ebm Papstl's presence in North America for future ventilation fan market growth in sustainable refrigeration, ventilation applications, and air conditioning. (Source: Emb-Papst Group, November 2022)
- Johnson Controls invested USD 7.5 million into new automation equipment at Oklahoma's commercial Heat ventilation and air conditioning manufacturing plant. This new equipment will improve capacity while enhancing product quality, safety, and assembly productivity at the 900,000 sq. ft facility, called the Johnson Controls Rooftop Center of Excellence. (Source: Johnson Controls, October 2023)
Ventilation Fan Market Report Coverage and Deliverables
The “Ventilation Fan Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Ventilation fan market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Ventilation fan market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Ventilation fan market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the ventilation fan market
- Detailed company profiles