Global sales of ventilation equipment were reported at USD 19.6 billion in 2020. Demand for ventilation equipment is anticipated to reach USD 27.3 billion in 2025. Over the assessment period (2025 to 2035), the market is projected to expand at a CAGR of 6.9% and attain value of USD 53.2 billion by the end of 2035.
Ventilation equipment are used to improve the indoor air quality (IAQ) by controlling the indoor thermal settings with the changing climatic conditions. Advancements in technology are improving the development for programmable controls, heat ventilators, and air filters for efficient operations.
Besides this, rising concern regarding air quality such as low IAQ is projected to have a huge impact on the health, cognitive skills, and productivity. Such conditions are likely to increase the demand for ventilation equipment, especially across residential sector. The surging demand for reducing household chemicals, bacteria, and moisture will increase the adoption of ventilation systems in the residential sector.
Introduction of advanced ventilation equipment for improving outdoor air quality and reducing the ventilation energy cost is projected to increase the establishment of new manufacturing facilities across North America and Asia Pacific. Consequently, growing trend of green buildings and stringent government regulations regarding carbon emission and maintenance of air quality in the commercial and residential sector is estimated to boost the market in the coming years.
| Attributes | Key Insights |
|---|---|
| Market Value, 2025 | USD 27.3 billion |
| Market Value, 2035 | USD 53.2 billion |
| Value CAGR (2025 to 2035) | 6.9% |
Ventilation equipment is used in a variety of applications to maintain air quality and circulation. In residential settings, it ensures proper airflow and controls humidity levels in kitchens, bathrooms, and living areas. Commercially, ventilation systems are crucial for offices, retail spaces, and schools, improving air quality and worker productivity. Industrial sectors use advanced ventilation systems for manufacturing plants, warehouses, and chemical facilities to reduce exposure to harmful fumes and gases. Additionally, specialized systems are used in healthcare facilities, data centers, and laboratories to maintain clean, safe environments for both people and equipment.
Ventilation equipment is typically made from materials such as galvanized steel, aluminum, stainless steel, and plastic. These materials are chosen for their durability, resistance to corrosion, and ease of maintenance. Traditionally, ventilation systems were primarily constructed from heavier metals, limiting flexibility and energy efficiency.
Over time, there has been a shift toward using lighter, more energy-efficient materials like high-grade plastics and alloys. Modern systems also incorporate advanced technologies such as smart controls, energy recovery ventilators (ERVs), and noise-reduction designs, greatly improving performance, efficiency, and sustainability compared to older models.
Ventilation equipment must adhere to various regulations and standards to ensure safety, efficiency, and environmental compliance. These include local building codes, energy efficiency standards, and indoor air quality guidelines. For instance, the American Society of Heating, Refrigerating, and Air-Conditioning Engineers (ASHRAE) sets standards for ventilation in buildings.
In Europe, the EN 13779 standard governs ventilation systems for non-residential buildings. Compliance with these regulations ensures that systems are safe, energy-efficient, and effective in controlling air quality. Additionally, these standards help minimize the environmental impact by promoting sustainable design and reducing energy consumption.
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The table below presents the annual growth rates of the global ventilation equipment market from 2025 to 2035. With a base year of 2024 extending to 2025, the report explores how the market's growth trajectory develops from the first half of the year (January to June, H1) to the second half (July to December, H2). This analysis offers stakeholders a comprehensive view of the industry’s performance, focusing on key developments and shifts that may shape the market moving forward.
The market is expected to grow at a CAGR of 6.9% from 2025 to 2035. In H2, the growth rate is anticipated to increase slightly.
| Particular | Value CAGR |
|---|---|
| H1 2024 | 6.6% (2024 to 2034) |
| H2 2024 | 6.8% (2024 to 2034) |
| H1 2025 | 6.9% (2025 to 2035) |
| H2 2025 | 7.1% (2025 to 2035) |
From H1 2025 to H2 2025, the CAGR is expected to show a modest increase, moving from 6.9% in the first half to 7.1% in the second half. In H1, the sector is expected to see an increase of 30 BPS, with a further 30 BPS rise in the second half. This semi-annual update highlights the ventilation equipment market's growth potential, driven by increasing demand for energy-efficient solutions, innovations in smart systems, and the growing focus on improving indoor air quality.
Increasing Demand for Indoor Air Quality Drives the Ventilation Equipment Market
The growing awareness of the health risks associated with poor air quality is significantly driving the demand for advanced ventilation systems across residential, commercial, and industrial sectors. Poor indoor air quality (IAQ) has been linked to respiratory issues, cardiovascular diseases, and even premature deaths. The World Health Organization (WHO) reports that approximately 7 million deaths annually are attributed to exposure to ambient and household air pollution.
This alarming statistic has led to greater focus on improving IAQ through enhanced ventilation. As people spend more time indoors, especially in urban areas, the need for systems that ensure proper air circulation and filtration has become essential. In response, both individuals and organizations are prioritizing air quality, prompting higher adoption of advanced ventilation solutions. This shift is not only driven by health concerns but also by growing regulations and standards focusing on energy efficiency and air purity in buildings.
Rise in Construction Activities Fuel the Demand for Ventilation System
The rise in construction activities, particularly in rapidly urbanizing regions, is significantly increasing the demand for ventilation systems. According to the Associated General Contractors (AGC) of America, Inc, Construction is a major contributor to the USA economy. There were more than 919,000 construction establishments in the USA in the 1st quarter of 2023. The industry employs 8.0 million employees and creates nearly USD 2.1 trillion worth of structures each year.
Construction is one of the largest customers for manufacturing, mining and a variety of services. This large-scale activity drives demand for ventilation systems to ensure proper air quality and safety in both residential and non-residential buildings. Construction sites often generate dust, emissions, and particulate matter, contributing to poor indoor air quality in newly built structures. Ventilation equipment is critical in addressing these challenges by improving airflow, filtering contaminants, and maintaining healthy indoor environments. With construction being a major consumer of materials and services, the growth of this sector directly fuels the demand for advanced ventilation solutions.
Increasing Adoption of Smart Ventilation System Boost Ventilation Equipment Market
The adoption of smart ventilation systems is transforming the ventilation equipment market, driven by advancements in IoT and automation technologies. Smart ventilation systems, integrated with sensors and AI, optimize airflow, monitor air quality in real-time, and reduce energy consumption, making them highly efficient and sustainable. The increasing focus on energy-efficient buildings and better indoor air quality has significantly boosted their adoption, particularly in urban residential complexes, commercial buildings, and healthcare facilities.
Smart ventilation is also enabling remote control and predictive maintenance, reducing operational costs for users. Governments and industries worldwide are promoting these systems to align with stricter environmental standards and sustainability goals. With growing awareness of health risks linked to poor indoor air quality, smart ventilation systems are becoming a preferred choice, offering a balance between advanced functionality, energy savings, and improved living or working environments.
Industrial Expansion across Sector like Manufacturing, Mining and Chemical Processing Drives the Demand for Ventilation System
Industrial expansion across sectors like manufacturing, mining, and chemical processing is significantly driving the demand for advanced ventilation systems. Globally, the manufacturing sector comprises millions of facilities, with over 640,000 manufacturing units operating in the USA alone, according to Census Bureau data. Similarly, the mining sector is growing, with nearly 30,000 active mines worldwide, generating substantial emissions, dust, and pollutants.
These industrial activities often involve processes that release harmful gases, particulates, and heat, creating unsafe working environments if not properly ventilated. Advanced ventilation systems are essential to control air quality, remove hazardous pollutants, and ensure compliance with occupational safety regulations. Additionally, industries are increasingly adopting energy-efficient ventilation solutions to align with sustainability goals and reduce operational costs. As industrial activities expand globally, the role of robust ventilation systems in safeguarding worker health and optimizing productivity continues to grow.
From 2020 to 2024, the global ventilation equipment market experienced steady growth, driven by increasing awareness of indoor air quality (IAQ) and the rising demand for energy-efficient systems across residential, commercial, and industrial sectors. Rapid urbanization and expanding construction activities in emerging economies significantly boosted the adoption of advanced ventilation solutions.
Technological advancements, such as the integration of IoT and smart sensors, enabled ventilation systems to provide real-time air quality monitoring and energy optimization, making them a preferred choice for modern infrastructure. Stricter environmental regulations and building codes also played a crucial role in driving the market forward.
Looking ahead to 2025 to 2035, the ventilation equipment market is expected to expand further, supported by ongoing urban development, green building initiatives, and the growing adoption of smart, energy-efficient technologies. Emerging markets will remain key drivers as infrastructure development continues to accelerate globally.
Tier-1 companies account for around 20-30% of the overall market with a product revenue from the ventilation equipment market of more than USD 50 million. VENTS, Centrotec Sustainable AG, Twin City Fan Companies Ltd., and other players.
Tier-2 and other companies such as Nortek Incorporated, Soler & Palau Group, Zibo Lihua Ventilation Equipment Co. Ltd. and other players are projected to account for 70-80% of the overall market with the estimated revenue under the range of USD 50 million through the sales of ventilation equipment.
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The section below covers the industry analysis for ventilation system in different countries. The demand analysis on key countries in several regions of the globe, including North America, Latin America, East Asia, South Asia Pacific, Western Europe, Eastern Europe, Middle East and Africa is provided. This data helps investors to keenly observe and go through the recent trends and examine them in an ordered manner.
| Countries | Value CAGR (2025 to 2035) |
|---|---|
| China | 8.5% |
| The USA | 6.5% |
| Japan | 5.5% |
| India | 9.0% |
| Germany | 5.8% |
The increase in industrial production is significantly driving the demand for ventilation systems in China. As the world’s largest manufacturing country, it contributes over 28% to global industrial output, with major sectors like automotive, electronics, and chemicals expanding rapidly. This growth results in higher emissions, pollutants, and particulate matter, creating a pressing need for effective ventilation solutions to maintain safe and healthy working environments.
To address this, the Chinese government has implemented strict air quality regulations, such as the "Air Pollution Prevention and Control Action Plan," which mandates improved ventilation and air quality standards in industrial facilities. With over 10,000 large industrial enterprises subject to these standards, the market for advanced ventilation systems continues to grow. Furthermore, there is a rising demand for smart, energy-efficient systems, driven by innovations like IoT-enabled air quality sensors and automated controls, ensuring both environmental compliance and operational efficiency across various industrial sectors.
The rise in construction activity is significantly boosting the demand for ventilation systems in USA . As urbanization continues, with increasing development in both residential and commercial sectors, the need for effective ventilation solutions has become crucial. According to the USA Census Bureau, over 640,000 manufacturing units and various construction establishments are driving growth in infrastructure, demanding advanced ventilation systems to comply with stricter air quality regulations and building codes.
With heightened awareness of indoor air quality (IAQ) and its impact on health, there is a growing focus on energy-efficient ventilation systems that can help maintain clean, breathable air within buildings. Additionally, green building initiatives, such as LEED certification, are promoting sustainable construction practices, further boosting the need for modern ventilation technologies. As the construction sector continues to thrive, particularly in urban centers, the demand for innovative and efficient ventilation systems will continue to rise, supporting the overall market growth.
In Germany, the growing awareness of indoor air quality (IAQ) is significantly driving the demand for ventilation systems. As urbanization increases, especially in major cities like Berlin and Munich, the concentration of pollutants in indoor spaces has raised concerns about health risks, such as respiratory issues and allergies. This has led to a heightened focus on ensuring that indoor environments are well-ventilated and free from harmful contaminants.
German citizens are becoming more aware of the negative effects of poor IAQ, such as fatigue and reduced productivity, prompting both individuals and organizations to prioritize better air quality solutions. The German government also supports this shift through regulations that encourage energy-efficient and effective ventilation systems. Additionally, the growing trend of green building certifications, such as Passive House, further drives the adoption of advanced ventilation technologies that not only improve IAQ but also contribute to energy efficiency in buildings.
The section explains the growth of the leading segments in the industry. In terms of product type, axial fans will likely dominate and generate a share of around 35% in 2024.
Based on the application, non-residential is projected to hold a major share of 65% in 2024. The analysis would enable potential clients to make effective business decisions for investment purposes.
| Segment | Value Share (2024) |
|---|---|
| Axial Fans ( Product Type) | 35% |
The low maintenance and simple design of axial fans are key factors driving their dominance in the ventilation equipment market. These fans feature a straightforward mechanical structure, which reduces the likelihood of complex malfunctions and minimizes the need for frequent servicing. This simplicity translates to lower maintenance costs over the lifespan of the equipment. Additionally, axial fans are designed for easy access to components, making repairs and replacements quicker and more affordable compared to more intricate fan types.
Their reliability in continuous operation further reduces operational disruptions and maintenance requirements. With fewer moving parts and a robust design, axial fans are well-suited for environments that require long-term performance with minimal downtime. As a result, businesses across various sectors-such as HVAC, industrial, and commercial facilities-prefer axial fans for their efficiency and cost-effectiveness in the long run, fueling their widespread adoption in the ventilation equipment market.
| Segment | Value Share (2024) |
|---|---|
| Non-Residential (Application) | 65% |
The surge in data center construction is significantly fueling the demand for ventilation equipment in non-residential sectors. As the global demand for data storage and processing grows, driven by advancements in cloud computing, artificial intelligence, and big data, the construction of data centers has increased dramatically. These centers house densely packed servers and computing equipment that generate substantial heat, creating the need for sophisticated ventilation systems.
Effective ventilation is crucial to regulate temperatures, prevent overheating, and maintain optimal performance of sensitive equipment. Additionally, as governments impose stricter regulations on energy efficiency and cooling systems, data centers are adopting more advanced and energy-efficient ventilation solutions. This trend is further fueled by the shift towards sustainability, with data centers aiming for green certifications like LEED, driving investments in environmentally friendly ventilation technologies. Thus, the rapid expansion of data centers directly correlates with the growing demand for specialized ventilation systems in the non-residential sector.
Technological advancements in the ventilation equipment market are enhancing efficiency, performance, and adaptability. The development of energy-efficient systems, such as demand-controlled ventilation (DCV), is becoming more prominent, optimizing airflow and reducing energy consumption based on occupancy levels. Innovations in air filtration technology, including HEPA filters and activated carbon filters, are improving air quality by effectively removing pollutants, allergens, and contaminants. The adoption of smart ventilation systems integrated with IoT technology is enabling real-time monitoring and control of air quality and energy use, leading to more responsive and cost-effective solutions. The advancements in noise reduction technology are improving the acoustic performance of ventilation systems, particularly in residential and commercial buildings. With a growing emphasis on sustainability, manufacturers are incorporating eco-friendly materials and energy-saving designs, which not only meet regulatory standards but also reduce the environmental footprint of ventilation systems. These innovations are advancing ventilation technology to meet the increasing demand for healthy, efficient, and sustainable indoor air quality solutions.
Recent Industry Developments:
The product type is further categorized into axial fans, centrifugal fans, cross flow fans, domestic exhaust fans, power roof fans, range hoods and others.
The application is classified into residential and non-residential.
Regions considered in the study include North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and the Middle East and Africa.
The ventilation equipment was valued at USD 25.5 billion in 2024.
The demand for ventilation equipment is set to reach USD 27.3 billion in 2025.
The ventilation equipment is driven stricter building energy-efficiency regulations, demand for advanced air quality systems in urban areas, growing adoption of decentralized ventilation solutions, and increasing construction activity.
The ventilation equipment demand is projected to reach USD 53.2 billion in 2035.
The axial fans are expected to lead during the forecasted period due to their high airflow efficiency, cost-effectiveness, compact design, and versatility across applications, and suitability for large-scale industrial and residential projects.
| Current Year Value (2023) | USD 11.73 billion |
|---|---|
| Expected Forecast Value (2033) | USD 17.43 billion |
| Projected CAGR (2023 to 2033) | 4.5% |
| Estimated Value (2022E) | USD 8,802.9 Million |
|---|---|
| Projected Value (2028F) | USD 13,557.9 Million |
| Value CAGR (2022 to 2028) | 7.5% |
| Market Expected Value (2022) | USD 585 Million |
|---|---|
| Market Projected Value (2032) | USD 800 Million |
| Market Estimated Growth Rate (2022 to 2032) | 3.1% |
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