Global Agricultural Ventilation Market Size, Share

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.

COVID-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.

Industry 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.

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.

Report Scope:

By 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.

By 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.

Regional Analysis Preview

The North American region held a share of 20.06% in 2020. This 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.

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.

Key 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.

The global Agricultural Ventilation Market is segmented as follows:

By Type

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

By End Use Industry

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

By 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