The global agricultural ventilation fans market is expected to exhibit a growth rate (CAGR) of 8.4% during 2023-2028.
Agricultural ventilation fans refer to the equipment used for maintaining the desired levels of humidity, carbon dioxide and temperature in indoor applications. They aid in promoting optimum growth of fruits and vegetables and prevent the development of mold or fungi on plant surfaces. In the summer season, the fans reduce the heat and humidity in the air by creating a breeze and pushing cooler air through the building, whereas, in the winter seasons, it prevents the accumulation of harmful gases, toxins and odors and provides adequate ventilation to the livestock.
The growing agriculture industry and the increasing adoption of indoor farming practices across the globe, represent as the key factors creating a positive outlook for the market. Furthermore, an extensive increase in the demand for exotic fruits, vegetables and flowers that require highly controlled environments with sufficient ventilation is also driving the market growth. In line with this, due to the scarcity of open cattle grazing spaces, animal breeders are transforming their farms into greenhouses using agricultural ventilation fans to provide the desired environment for livestock feed growth. Additionally, the widespread adoption of vertical farming practices is acting as another major growth-inducing factor. Farmers use ventilation fans to regulate the room temperature during crop cultivation to optimize nutrient quality and maximize the yield. Other factors, including the increasing demand for urban agriculture, along with the implementation of favorable government policies promoting sustainable agricultural practices, are anticipated to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global agricultural ventilation fans market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product and application.
Breakup by Product:
- Circulation Fans
- Duct Fans
- Exhaust Fans
- Portable Fans
Breakup by Application:
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being AirMax Fans, American Coolair, B&B AgriSystems, Bigass Fans (Delta T LLC), Breeza Industrial, ebm-papst, Markair Inc., Multi-Wing America Inc., New York Blower Company, QC Supply, Schaefer Systems International Pvt Ltd. and Vostermans Ventilation B.V.
|Base Year of the Analysis
||Product, Application, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||AirMax Fans, American Coolair, B&B AgriSystems, Bigass Fans (Delta T LLC), Breeza Industrial, ebm-papst, Markair Inc., Multi-Wing America Inc., New York Blower Company, QC Supply, Schaefer Systems International Pvt Ltd. and Vostermans Ventilation B.V.
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Key Questions Answered in This Report:
- How has the global agricultural ventilation fans market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global agricultural ventilation fans market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global agricultural ventilation fans market and who are the key players?
- What is the degree of competition in the industry?