Market Size 2023 (Base Year) | USD 816.96 Million |
Market Size 2032 (Forecast Year) | USD 1811.31 Million |
CAGR | 9.25% |
Forecast Period | 2024 - 2032 |
Historical Period | 2018 - 2023 |
As per the published report by Market Research Store, the Global Agricultural Ventilation Market size was estimated at USD 816.96 Million in 2023 and is anticipated to reach reach USD 1811.31 Million by 2032, growing at a projected CAGR of 9.25% during the forecast period 2024-2032. The report provides a detailed analysis of the global Agricultural Ventilation Market, including market trends, market dynamics, and market opportunities during the forecast period (2024-2032). It delves deeper into several market facets, such as market definition, size, growth, forecast, segmentation, competitive analysis, growth drivers, restraints, financial analysis, SWOT analysis, PORTER’s five force analysis, PESTEL analysis, market share analysis, cost-benefit analysis, challenges, restraints, strategic recommendations, and market players.
Agricultural ventilation is primarily used in indoor agriculture operations to regulate the indoor temperature, moisture, and humidity according to the needs of the plants planted within the space, and it is also installed in animal shelters. This protected indoor climate aids in the cultivation of vegetables and dairy products from cattle by preventing the spread of fungus and pests. This ventilation is available in a variety of sizes to meet consumers' needs, and it is becoming increasingly common in areas with low rainfall or restricted agricultural space.
The global agricultural ventilation market is driven by growth in indoor farming practices. The growth of the market can also be attributed to the growing number of cases of bone marrow biopsies. One of the major factors propelling the demand is an increasing perception among growers of the significance of air circulation in indoor farming. In agricultural environments, air circulation, and ventilation are essential for managing heat pressure and controlling odor. Heat stress in the summer can be harmful to livestock such as cows, hogs, pigs, and other poultry, lowering productivity and lowering the quality of the produce. Furthermore, ventilation fans aid in the prevention of odor in farm settings, helping to keep the air clean. Agricultural ventilation fans are available in a variety of model categories on the market. Furthermore, several small-scale producers market this item at a lower cost. As a result, consumers have a lot of purchasing power. This causes a demand downturn for large-scale agricultural ventilation fan producers.
Report Attributes | Report Details |
---|---|
Report Name | Agricultural Ventilation Market |
Market Size in 2023 | USD 816.96 Million |
Market Forecast in 2032 | USD 1811.31 Million |
Growth Rate | CAGR of 9.25% |
Number of Pages | 110 |
Key Companies Covered | Greenheck, Munters, ebm-papst, Pericoli, Schust Mexico, Galebreaker Industrial, Mecalor, American Coolair Corp., AirMax Fans, Bigass Fans (Delta T, LLC), QC Supply, Schaefer, Vostermans Ventilation, OSBORNE INDUSTRIES INC., B&B AgriSystems, New York Blower Company, Cool Breeze of Texas, Quietair Corp, R. L Craig Company, Inc, S3 Enterprises, Inc, Ventry Solution, Muti-Wing America, Markair, Inc, DF Fan Services, and Breeza Industrial, among others |
Segments Covered | By Type, By Category, By Application, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2023 |
Forecast Year | 2024 to 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global agricultural ventilation market is segmented into its type, category, application, and regions. On the basis of the type, the global market is segregated into circulation fans, ceiling fans, pit fans, duct fans, tube fans, exhaust fans, portable fans, and others. In 2019, circulation fans were the leading segment among the others. Based on the category, the market is bifurcated into ridge, roof, and floor-mounted. the basis of application, the global market is segmented into equine, dairy/livestock, greenhouse, fairgrounds, farm shop, and others. In 2019, the greenhouse category was the leading segment in the application segment. Geographically, the global agricultural ventilation market is diversified into North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa.
Asia Pacific region dominated the global agricultural ventilation market in 2019 and is anticipated to continue its dominance in the upcoming years. The dominance of the Asia Pacific market can be attributed to the region's growing population, the impending need for farmers to follow new agricultural methods, and changing consumer usage habits. The Asia Pacific region is anticipated to grow at the highest rate in the forecast period owing to the rising population in the region and increasing awareness of the population towards agricultural ventilation. North America and Europe accounted for a significant share of the agricultural ventilation industry as key players running their global markets from these countries. North America, Asia Pacific, and Latin America all have a large number of small and medium-sized businesses. Manufacturers of agricultural ventilation fans are based in Germany and China.
Some of the key players in the agricultural ventilation market are:
By Type
By Category
By Application
Agricultural Ventilation
Agricultural Ventilation
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