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NORTH AMERICA FANS AND BLOWERS MARKET FORECAST 2019-2028

NORTH AMERICA FANS AND BLOWERS MARKET FORECAST 2019-2028

  • September 2020
  • 105 pages
  • ID: 5961979
  • Format: PDF
  • Inkwood Research

Summary

Table of Contents

KEY FINDINGS
The North America fans and blowers market is evaluated to register a CAGR of 2.19%, during the forecast period of 2019 to 2028. The increased focus on reducing heat loss, the implementation of mechanical ventilation systems, and the establishment of government regulations are primary factors accredited to the region’s market growth.

MARKET INSIGHTS
The North America fans and blowers market growth is analyzed across the United States and Canada.In Canada, houses had ample natural ventilation in winters, which led to dry air and high fuel consumption.

However, with an increased concentration on minimizing heat loss, the country’s buildings have become more airtight.Likewise, passive ventilation is no longer adequate, and building codes need distinct forms of mechanical ventilation.

Mechanical ventilation refers to airflow created by using ducting, fans, and designated openings in residential spaces.
Among major mechanical ventilation systems, the exhaust-only solutions like vented kitchen range hoods and bathroom exhaust fans, remain one of the most widely used, in Canadian households.They are characterized as simple and affordable systems that can be conveniently installed.

However, its limitation causes restricted ventilation to rooms where exhaust fans are already installed.
In 2012, the Canadian government issued a voluntary national standard called R-2000, intending to enhance new houses’ energy efficiency without compromising the interior and exterior environments. Following the standard, heat recovery ventilators (HRVs), exhaust fans, energy recovery ventilators (ERVs), and kitchen range hoods will be authorized by the Home Ventilating Institute (HVI).

COMPETITIVE INSIGHTS
Prominent companies in the market are, Acme Engineering and Manufacturing Corporation, Loren Cook Company, Howden Group Ltd, Greenheck Fan Corporation, Airmaster Fan Company Inc, Continental Blower LLC, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. ACME ENGINEERING AND MANUFACTURING CORPORATION
2. CONTINENTAL BLOWER LLC
3. DONGKUN INDUSTRIAL CO LTD
4. GARDNER DENVER HOLDINGS INC
5. HOWDEN GROUP LTD
6. LOREN COOK COMPANY
7. POLLRICH GMBH
8. AIRMASTER FAN COMPANY INC
9. CG POWER AND INDUSTRIAL SOLUTIONS LIMITED
10. GREENHECK FAN CORPORATION

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