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Global Residential Ventilation Fans Market 2018-2022

  • Published: Sep 2018
  • Pages: 113
  • SKU: IRTNTR23135
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The global residential ventilation fans market is predicted be worth about USD 996 million by 2022. Wondering how to make the most of the residential ventilation fans industry? Technavio’s extensive industry research report offers a detailed insight that will allow you to take full advantage of the opportunities available to you. The increasing concerns and awareness about the health benefits of maintaining better indoor air quality is driving the demand for residential ventilation fans. It also examines the competitive landscape and key residential ventilation fan manufacturers that include Air King America, Broan-NuTone, and Panasonic.

Here are some crucial facts about the residential ventilation fans market

 

The global residential ventilation fans market is expected to grow at a CAGR of more than 4%

Residential ventilation fans industry growth is driven by growing awareness about the increased benefits to the health by maintaining the air quality at home. In 2017, the leading segment by product in the residential ventilation fans was axial fans, followed by centrifugal fans and in-line fans. The advent of smart residential fans and the growing adoption of smart homes is forecasted to augment the growth of the residential ventilation fans market. APAC region will drive the largest incremental growth for the market, while the Americas will witness a faster growth in their market shares than the EMEA region.

 

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Rising awareness pertaining to better indoor air quality will drive the market growth

Growing consciousness about health and increased awareness about the advantages of maintaining better indoor air quality will drive the demand for residential ventilation fans across the globe. In addition, changing climatic conditions coupled with rapid industrialization are depleting the quality of air which will also contribute to the growth of the residential ventilation fans market. Poor air quality results in higher rates of respiratory disorders such as asthma and allergies which is compelling consumers to increasing adopt residential ventilation fans. Air ventilation systems for home help reduce excess moisture in the indoor environment and maintain better air quality and this factor will also enable a surge in demand for residential ventilation fans worldwide.

 

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Air King America, Broan-NuTone, and Panasonic are among the leading residential ventilation fan manufacturers

Most of the leading vendors in the global residential ventilation fans market are focused on offering new products with innovative features to adopt product differentiation policy and increase their customer base. Several leading ventilation fan manufacturers are expected to develop and introduce new products in the market to counter the evolving consumer behavior and augment their revenues. The changing lifestyles of the consumers and their growing need for convenient and effective products are also likely to play a key role in boosting the demand for residential ventilation fans during the next five years. Many international and regional vendors are vying for their share of the market, and players must differentiate themselves to gain vital traction over their peers.

This report offers a complete analysis of several companies, including:

  • Air King America
  • Broan-NuTone
  • Panasonic
  • Systemair
  • Titon

 

Want to dial in on a specific region or segment? We can help! Our analysts can customize this report to meet your requirements.         Get in touch

 

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

  • Segmentation by distribution channel
  • Comparison by distribution channel
  • Offline – Market size and forecast 2017-2022
  • Online – Market size and forecast 2017-2022
  • Market opportunity by distribution channel

PART 08: MARKET SEGMENTATION BY PRODUCT

  • Segmentation by product
  • Comparison by product
  • Axial fans – Market size and forecast 2017-2022
  • Centrifugal fans – Market size and forecast 2017-2022
  • In-line fans – Market size and forecast 2017-2022
  • Market opportunity by product

PART 09: CUSTOMER LANDSCAPE

PART 10: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • APAC – Market size and forecast 2017-2022
  • Americas – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 13: MARKET TRENDS

  • Advent of smart residential ventilation fans
  • Increasing demand for energy-efficient and low noise ventilation fans
  • Growing online and omnichannel sales

PART 14: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 15: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Air King America
  • Broan-NuTone
  • Panasonic
  • Systemair
  • Titon

PART 16: APPENDIX

  • List of abbreviations

 

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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