According to Custom Market Insights, the global agricultural ventilation market size was worth around USD 650 million in 2021 and is predicted to grow to around USD 1,500 million by 2030 with a compound annual growth rate (CAGR) of roughly 9.8% between 2022 and 2030. The report analyses the agricultural ventilation market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global agricultural ventilation market.
Agricultural Ventilation Market: Overview
Agricultural ventilation reduces heat and odor while improving air quality by removing old, old or moist air from buildings and replacing air from outside the facility with fresh air.
Agricultural ventilators have the ability to maintain the carbon dioxide levels and optimal humidity and temperature levels needed to grow plants and vegetables on indoor farms. Agricultural ventilation fans also reduce the overall moisture and fungal outbreaks on the plant surface. Due to these characteristics, the demand for agricultural fans is increasing.
Increasing indoor agricultural practices around the world are one of the major drivers of growth in the agricultural fan market. Uncertain climatic conditions are accelerating market growth as demand for exotic vegetables, fruits, and flowers increases and the tendency to grow in controlled environments using ventilators.
The exhaust fan segment is projected to be the fastest-growing segment with a CAGR of 12.9% during the forecast period. Exhaust fans are one of the most important components of mechanical ventilation systems for removing livestock odors and steam. In addition, they not only contribute to improving the quality of life of animals but also help prevent the risk of livestock epidemics and diseases.
The adoption of greenhouse cultivation continues to grow, giving more control over the environment in which plants grow. This ability to control the environment helps farmers grow flowers, fruits, vegetables, and flowers all year round. Growing crops in a safe greenhouse environment can also improve crop genetics and grow healthy varieties of crops. It also requires less water than an open field. In addition, growers do not have to rely on bee pollination and can use chemicals and pesticides used to control plant diseases and another susceptibility.
The Asia-Pacific region will dominate the global agricultural ventilation market in 2019 and is expected to continue to do so for the next few years. The dominance of the Asia-Pacific market can be attributed to the growing population of the region, the urgent need for farmers to adopt new farming practices, and changes in consumer usage habits. It is expected to grow the most during the forecast period due to population growth in the Asia-Pacific region and growing awareness of the population about agricultural ventilation.
|Market Size in 2021||USD 650 Million|
|Projected Market Size in 2030||USD 1,500 Million|
|CAGR Growth Rate||9.8% CAGR|
|Key Market Players||AirMax Fans, Multi-Wing America Inc., American Coolair Corp., QC Supply, Vostermans Ventilation, and Others|
|Key Segment||By Product, Application, and Region|
|Major Regions Covered||North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa|
|Purchase Options||Request customized purchase options to meet your research needs. Explore purchase options|
Key Players Insights
The study includes an in-depth competitive analysis of these key players in the agricultural ventilation Market with their company profiles, recent developments, and key market strategies, New York Blower Company, Schaefer, OSBORNE INDUSTRIES INC., Medtronic plc, Nihon Kohden Corporation, Air Liquide, GE Healthcare among others are some players in the market.
- AirMax Fans
- Multi-Wing America, Inc.
- American Coolair Corp.
- QC Supply
- Vostermans Ventilation
The global agricultural ventilation market is segmented as follows:
- Circulation Fans
- Duct Fans
- Exhaust Fans
- Portable Fans
- North America
- The U.S.
- The UK
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of AsiaPacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America