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Agricultural Ventilation Market By Type (Circulation Fans, Duct Fans, Exhaust Fans, Portable Fans, Others) By Application (Dairy/Livestock, Equine, Fairgrounds, Greenhouse, Farm Shop, Others): Global Market Perspective, Comprehensive Analysis, and Forecast, 2021 – 2028

Covid-19

Global Agricultural Ventilation Market Size, Share

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Insights

[223+ Pages Report] The global agricultural ventilation market accounted for USD 680.56 Million in 2020 and is expected to reach USD 1,440.20 Million by 2028, growing at a CAGR of 9.8%from 2021 to 2028.

The agriculture ventilation practice helps keep up with the agriculture environment new and protected by controlling the ideal temperature, keeping up with instability, and eliminating destructive particles and gases from the air. Consequently, it ensures reliable plant development in nurseries by estimating carbon dioxide fixation according to the state of plants. Hence, guarantees improved efficiency.

It is essential in indoor cultivating because of the persistently changing climatic conditions all around the world. thusly provoking interest for the device. Indoor cultivating, being a metropolitan cultivating technique, eliminates the natural requirements by utilizing the vent framework. These fans assist with guaranteeing legitimate air trade from inside to outside as well as the other way around, bringing about successful air movement and cooling.

North America Agricultural Ventilation Market (USD Million)

 

logoCOVID-19 Impact Analysis

COVID-19 has caused disturbances in food supply chains worldwide. In the initial time of the pandemic, mobility limitations followed by labor deficiencies and a reduced supply of matters required to produce agricultural ventilation fans. This interruption of the supply chain has additional restricted feed supply. Still, the COVID-19 has led to demand for indoor-grown produce. The range of indoor farming to resolve the shortage of food in this pandemic situation and growing demand for crops grown indoor are the factors boosting the market for agricultural ventilation fans.

logoIndustry Growth Factors

The increase in the growth of exotic fruits and vegetables and fruits is estimated to create a huge demand within the production side, as developing nations are one of the major consumers of fruits and vegetables. Supported by this trend, farmers are also on the path of cultivating these crops to meet the untapped demand.

Agricultural Ventilation Market

The adoption of greenhouse farming is increasing further giving more control over the environment where crops grow. This ability to control the environment helps farmers to cultivate flowers fruit, vegetables, and flowers for a complete year. Also, the cultivation of crops in the safe environment of a greenhouse can improve the genetics of the crops leading to the growth of a healthy variety of crops. It also needs less water than in an open field. Moreover, the producers do not have to rely on bee pollination, furthermore, they can also use the chemicals and pesticides which they use to control diseases and any other vulnerability in plants.

logoReport Scope:

Report Attribute

Details

Market Size in 2020

USD 680.56 Million

Projected Market Size in 2028

USD 1,440.20 Million

CAGR Growth Rate

9.8% CAGR

Base Year

2020

Forecast Years

2021-2028

Key Market Players

Medtronic plc, Fisher & Paykel Healthcare Corporation Limited, Drägerwerk AG & CO. KGAA, Nihon Kohden Corporation, Getinge AB, and Others

Key Segments

Types, End-Use, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

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logoBy Type Segment Analysis Preview

Circulation Fans segment held a share of around 32.55 % in 2020. This is attributable to the growing demand for indoor cultivation for producing fruits and vegetables.  The agricultural ventilation fans to improve product features as well as quantity. Moreover, to maintain optimal temperatures throughout the summer, hot air inside the greenhouse needs to be substituted with cooler outside air. Thus, farmers use ventilation fans, which results in greater crop production.

Global Agricultural Ventilation Market Share, By Type, 2020 (%)

 

logoBy Application Segment Analysis Preview

Greenhouse segment is expected to lead the global Agricultural Ventilation market. This is attributable to improved adoption of the feature given as can be used in both cooling and ventilation of the livestock shelters. The fan is used to move a high volume of air with low pressure to adjust the temperature in greenhouses. This helps circulate warm air generated from the overhead heat systems, during cold seasons.

logoRegional Analysis Preview

The North American region held a share of 20.06% in 2020This is attributable to the presence of top companies such as AirMax FansAmerican Coolair Corp, Galebreaker Industrial, and New York Blower Company, among others. Moreover, the increasing usage of agricultural ventilation is expected to generate huge demand for the market in this region.

Global Agricultural Ventilation Market, By Region

The Europe region is projected to grow at a CAGR of 33.09% over the forecast period. Additionally, leafy green plants can be grown rapidly using small spaces, and the growing concerns in the direction of food safety and nutrition are anticipated to drive the demand for leafy greens during the forecast period leading to an increase in consumption of indoor farming, further propelling the growth of the Agricultural Ventilation Market.

logoKey Market Players &Competitive Landscape

Some of the key players in the Agricultural Ventilation Market are Medtronic plc, Fisher & Paykel Healthcare Corporation Limited, Drägerwerk AG & CO. KGAA, Nihon Kohden Corporation, Getinge AB, Asahi Kasei Corporation, Air Liquide, Vyaire Medical Inc, GE Healthcare, Hamilton Medical among others.

logoThe global Agricultural Ventilation Market is segmented as follows:

logoBy Type

  • Circulation Fans
  • Duct Fans
  • Exhaust Fans
  • Portable Fans
  • Others

logoBy End Use Industry

  • Food & Beverages
  • Pharmaceutical
  • Transportation & Logistics
  • Retail
  • Others

logoBy Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Covid-19

Agricultural Ventilation Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

logoKey Insights from Primary Research

  • As per the details shared by our primary respondents, the Agricultural Ventilation market is expected to grow annually at a CAGR of around 11%.
  • Through the primary research, it was established that the Agricultural Ventilation market was valued at around USD 580 Million in 2019.
  • As per the type segmentation, the Exhaust Fan type was predicted to show maximum market share in the year 2019.
  • Based on application segmentation, the Greenhouse type was the leading revenue-generating category in 2019.
  • On the basis of region, the “Asia Pacific” region was the leading revenue generator in 2019.

logoKey Recommendations from Analysts

  • As per our analysts, the Agricultural Ventilation market demand is escalating owing to the growing demand for indoor and vertical farming.
  • The surging demand for organic and exotic fruits and vegetables owing to their numerous health benefits has provided several opportunities for market growth.
  • Growing at a CAGR around 34%, the Agricultural Ventilation market provides abundant growth options for all of the involved investors across the entire value chain.
  • The rising population along with the rising food demand in the region of Asia Pacific is also projected to influence the market growth.
  • Our analysts have identified the “Portable Fans” and “Farm Shop” category as the leading investment pocket for the Agricultural Ventilation market in terms of type and application segmentation respectively.

logoTechnology Roadmap

logoAgricultural Ventilation Market

Covid-19

Agricultural Ventilation Market

The pandemic continues to cause unprecedented disruption across industries worldwide.Get detailed insights regarding the impact of COVID-19 on the market. Request Sample

Industry Major Market Players

  • Medtronic plc
  • Fisher & Paykel Healthcare Corporation Limited
  • Drägerwerk AG & CO. KGAA
  • Nihon Kohden Corporation
  • Getinge AB
  • Asahi Kasei Corporation
  • Air Liquide
  • Vyaire Medical Inc
  • GE Healthcare
  • Hamilton Medical

Frequently Asked Questions

Strict enforcement of laws by government authorities mandating Agricultural Ventilation Market.
According to Facts and Factors research report, the global Agricultural Ventilation Market accrued earnings worth approximately XX (USD Billion) in 2020 and is predicted to gain revenue of about XX(USD Billion) by 2028, is set to record a CAGR of nearly XX% over the period from 2021 to 2028.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to large-scale presence of giant participants in countries such as the U.S. Apart from this, favorable compensation policies along with high acceptance of new Agricultural Ventilation Market will drive regional market trends. With regional governments enforcing strict laws pertaining to drug abuse, the market for Agricultural Ventilation Market in North America is set to witness exponential growth over years to come. Legalization of cannabis in countries such as Canada and U.S. through passing of acts in parliament is likely to enlarge scope of Agricultural Ventilation Market in North America over coming decade.
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