The global ventilation equipment market is set for strong growth, driven by rising awareness of indoor air quality, energy-efficient systems, and green building initiatives. The commercial sector will dominate, with India leading expansion at a 9.0% CAGR.
NEWARK, DE / ACCESS Newswire / February 12, 2025 / According to a Future Market Insights (FMI), the global ventilation equipment market is poised for significant growth, projected to increase from USD 27.3 Billion in 2025 to USD 53.2 Billion by 2035, at a CAGR of 6.9%. This expansion is largely driven by heightened awareness of the adverse health effects of poor indoor air quality.
Consumers and businesses alike are prioritizing air circulation solutions that filter pollutants, regulate humidity, and ensure healthier environments. The trend is particularly evident in sectors where employee well-being and productivity are paramount, including healthcare, education, and commercial buildings.
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Market Overview:
The increasing focus on energy-efficient ventilation systems is revolutionizing the market, with industries worldwide seeking solutions that improve air quality while reducing energy consumption. Traditional ventilation systems are rapidly being replaced by smart HVAC systems equipped with IoT sensors and automated controls, ensuring optimal air circulation with minimal energy waste.
Moreover, stringent government regulations regarding indoor air quality and emissions control are propelling the demand for advanced ventilation technologies. Industrial facilities, hospitals, and office spaces are investing in high-efficiency air filtration and heat recovery ventilation (HRV) systems to comply with regulatory standards while enhancing occupant comfort.
Market Forecast: Strong Growth Trajectory Through 2035
The ventilation equipment market is set to grow at a steady 6.9% CAGR between 2025 and 2035, fueled by:
Rising demand for sustainable building solutions
Stricter environmental and workplace safety regulations
Technological advancements in air purification and filtration
Increased construction activities in emerging markets
With urbanization and industrialization accelerating in Asia-Pacific and North America, businesses are investing in ventilation solutions that promote energy efficiency and environmental sustainability.
Commercial Segment to Hold a Significant Market Share:
The commercial sector is expected to dominate the ventilation equipment market due to increasing construction of office spaces, shopping malls, hospitals, and educational institutions. These establishments require effective air circulation systems to maintain comfort and prevent airborne diseases.
The growing adoption of demand-controlled ventilation (DCV) systems is optimizing air exchange rates based on real-time occupancy and CO₂ levels.
The integration of energy recovery ventilators (ERVs) in office buildings is reducing overall HVAC energy consumption.
In the hospitality and retail sectors, improved air filtration is becoming a priority to enhance customer experience and satisfaction.
Additionally, governments worldwide are implementing green building standards that mandate the use of efficient ventilation technologies, further boosting demand within the commercial sector.
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Increasing Demand for Energy-Efficient Buildings Fuels Innovation:
The global shift toward green buildings is a key driver behind the rising demand for energy-efficient ventilation equipment. Modern buildings are being designed with mechanical ventilation with heat recovery (MVHR) systems that significantly reduce heating and cooling costs while maintaining superior indoor air quality.
Key innovations shaping the market include:
Smart ventilation systems equipped with AI-driven airflow management, reducing energy waste.
Hybrid ventilation solutions that integrate natural ventilation with mechanical systems for maximum efficiency.
Advanced air purification filters, including HEPA and activated carbon technology, designed to remove harmful pollutants and allergens.
Countries such as Germany, the USA, and Japan are at the forefront of implementing net-zero energy building (NZEB) standards, further accelerating the adoption of high-performance ventilation systems.
Regional Outlook: Asia-Pacific Leads Market Growth
China and India Poised for Rapid Expansion
The Asia-Pacific region is anticipated to witness the fastest market growth, driven by rapid urbanization, industrialization, and rising infrastructure investments.
China is projected to grow at a CAGR of 8.5%, fueled by smart city initiatives and government-led energy conservation programs.
India is set to expand at 9.0% CAGR, supported by rising demand for commercial buildings and stricter air quality regulations.
Meanwhile, developed markets such as the USA, Japan, and Germany are focusing on retrofitting aging infrastructure with energy-efficient ventilation solutions.
The USA will grow at 6.5% CAGR, driven by corporate sustainability programs and state-level energy efficiency policies.
Japan, with a CAGR of 5.5%, is investing heavily in smart ventilation solutions for residential and commercial buildings.
Germany will see a 5.8% CAGR, with strong government support for carbon-neutral building projects.
The demand for decentralized ventilation systems is also rising in European markets, particularly in high-density urban areas where space constraints require compact, yet efficient air management solutions.
Key Takeaways from the Report:
Market Growth: The global ventilation equipment market is projected to grow from USD 27.3 Billion in 2025 to USD 53.2 Billion by 2035, registering a CAGR of 6.9%.
Rising Indoor Air Quality Awareness: Increasing concerns about pollution, humidity control, and airborne diseases are driving demand for advanced air filtration and ventilation systems.
Commercial Sector Dominance: The commercial segment is expected to hold a significant market share due to growing office spaces, hospitals, malls, and educational institutions requiring efficient air circulation.
"The ventilation equipment market is experiencing strong growth driven by rising awareness of indoor air quality, stricter environmental regulations, and increasing demand for energy-efficient buildings. Innovations in smart ventilation and AI-driven airflow systems are reshaping the industry, particularly in commercial and healthcare sectors." - opines Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).
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Key Players Operating in the Global Market:
VENTS
Centrotec Sustainable AG
Twin City Fan Companies Ltd.
Nortek Incorporated
Soler & Palau Group
Zibo Lihua Ventilation Equipment Co. Ltd.
VES Andover Ltd.
SysTech Design Inc.
STIEBEL ELTRON GmbH & Co. KG
Schaefer
Ventilation Equipment Industry Segmentation Analysis:
By Product Type:
Axial fans
Centrifugal fans
Cross flow fans
Domestic exhaust fans
Power roof fans
Range hoods
Others
By Application:
Residential
Non-residential
By Region:
North America
Latin America
Western Europe
Eastern Europe
East Asia
South Asia & Pacific
Middle East & Africa
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About Future Market Insights (FMI) - Industrial Automation
The industrial automation division of Future Market Insights (FMI) offers a novel approach and innovative perspective in analyzing the industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial, and special-purpose machinery across the manufacturing sector and distinctive analysis of the installed base, consumables, replacement, and USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders and channel partners when it comes to sustaining, growing, and identifying new revenue prospects.
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About Future Market Insights (FMI):
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and market analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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