17-Mar-2021 | Market Research Store
The Global Agricultural Ventilation Market Is Powered By The Surging Indoor Farming Practises And The Growing Demand For Urban & Organic Agriculture In An Controlled Environment.
Agricultural ventilation helps in reducing heat and odour within a room, thus improving the air quality by replacing the air within the room with outside resh air. It also helps to control moisture which is essential in the case of various exotic foods and vegetables thus giving access to plant growth in any climatic condition. These ventilations also help in reducing the humidity content, thus avoiding the development of fungi or mold on the surface where the plantation is been done.
In 2019, demand for the agricultural ventilation market was projected at around USD 580.0 million, and current and expected developments by 2026 would reach an estimated USD 1,200.0 million. Companies and experts predict around 11% growth in the worldwide agricultural ventilation market in terms of CAGR. The need for urban agriculture has grown as the world's population has grown and climatic conditions have changed. Farmers have been encouraged to follow indoor farming practices because of the benefits available, such as a higher yield per unit area and lower water consumption, which has boosted market demand.
As a result of global growth in indoor farming activities, demand for agricultural ventilation fans has risen in recent years. The need for urban agriculture has risen as the world's population has grown and climatic conditions have changed dramatically. This aspect is driving the need for more crops to be harvested in a smaller region by using less water. As a result, large-scale farmers tend to practice indoor agriculture, which necessitates the use of indoor agriculture ventilation systems. Agricultural ventilation fans will hold the right amount of carbon dioxide in the air, as well as the right amount of humidity and temperature for plant and vegetable growth indoors. However, the high capital investments along with the reluctance of farmers for accepting modern farming techniques inhibit the market growth. For instance, farmers from countries such as France, India, Italy prefer practicing traditional agricultural practices owing to the good fertility of the soil along with favourable climatic conditions. The market is expected to be powered in the coming years by technical advances that lead to the launch of feature-rich ventilation fans. The introduction of agricultural ventilation programmed with artificial intelligence (AI) and machine learning (ML) for automatically and smartly controlling the air inside the ventilation room as per the changing temperature and humidity outside provide lucrative growth opportunities for the market growth.
Browse the full “Agricultural Ventilation Market By Type (Ceiling Fans, Circulation Fans, Duct Fans, Pit Fans, Exhaust Fans, Tube Fans, Portable Fans, and Others), By Category (Roof, Ridge, and Floor-Mounted), and By Application (Dairy/Livestock, Equine, Fairgrounds, Greenhouse, Farm Shop, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.marketresearchstore.com/market-insights/agricultural-ventilation-market-828551
The agricultural ventilation market is segmented as type, category, application, and region. By type segment, the market is segmented into portable fans, ceiling fans, pit fans, circulation fans, exhaust fans, duct fans, tube fans, and others. By category segment, the market is segmented into roof, floor-mounted, and ridge. Based on the application segment, the market is further bifurcated into dairy/livestock, greenhouse, equine, farm shop, fairgrounds, and others. In terms of geography, Asia Pacific represents a higher demand for the agricultural ventilation market followed by the North America region.
Some of the leading and top companies in the agricultural ventilation market contain Munters, Bigass Fans (Delta T, LLC), Greenheck, QC Supply, Cool Breeze of Texas, Pericoli, Breeza Industrial, ebm-papst, Ventry Solution, New York Blower Company, B&B AgriSystems, Multi-Wing America, Inc., Galebreaker Industrial, Vostermans Ventilation, DF Fan Services, Schust Mexico, Markair, Inc, Quietair Corp, Mecalor, S3 Enterprises, Inc, Schaefer, AirMax Fans, OSBORNE INDUSTRIES INC., American Coolair Corp., and R. L Craig Company, Inc, among others. To broaden the delivery network and increase their customer base, the leading players are concentrating on expanding their regional reach. For example, QC Supply's alliance with Advanced Feeding Systems in March 2018 to strengthen its distribution platform by serving four new locations aligns with the above strategy.
Global Agricultural Ventilation Market
Regional Segment Analysis
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