Ventilation Equipment

Global Ventilation Equipment Market to Reach US$40.9 Billion by 2030

The global market for Ventilation Equipment estimated at US$27.0 Billion in the year 2024, is expected to reach US$40.9 Billion by 2030, growing at a CAGR of 7.2% over the analysis period 2024-2030. Data Center Cooling, one of the segments analyzed in the report, is expected to record a 7.9% CAGR and reach US$18.5 Billion by the end of the analysis period. Growth in the Centralized Ventilation segment is estimated at 7.6% CAGR over the analysis period.

The U.S. Market is Estimated at US$7.3 Billion While China is Forecast to Grow at 11.3% CAGR

The Ventilation Equipment market in the U.S. is estimated at US$7.3 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.6 Billion by the year 2030 trailing a CAGR of 11.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.5% and 7.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Global Ventilation Equipment Market – Key Trends & Drivers Summarized

Why Is Indoor Air Quality Gaining Unprecedented Importance Worldwide?

The ventilation equipment market is experiencing a profound surge in demand as indoor air quality becomes a central concern across both residential and commercial sectors. Heightened awareness of airborne diseases, including the global impact of COVID-19, has reshaped public health priorities, with governments and organizations enforcing stricter indoor air standards. In response, the market is seeing a shift toward energy-efficient, smart ventilation systems that not only ensure optimal air exchange but also monitor pollutants like carbon dioxide, volatile organic compounds (VOCs), and particulate matter. Advanced HVAC systems integrated with smart sensors and IoT connectivity are rapidly replacing traditional models, particularly in healthcare, education, and office buildings where indoor occupancy density is high. Urbanization is another major contributor—growing city populations are increasingly reliant on high-rise buildings, which necessitate mechanical ventilation to compensate for limited natural airflow. Additionally, evolving building codes in regions such as North America, Europe, and parts of Asia-Pacific now require energy recovery ventilators (ERVs) and heat recovery ventilators (HRVs) to reduce energy loss while maintaining air purity. This combination of public health urgency, building design evolution, and technological sophistication is fueling sustained interest and innovation in the ventilation equipment market.

How Are Sustainability Goals Reshaping Equipment Design and Adoption?

Global decarbonization and energy efficiency mandates are transforming how ventilation systems are designed, manufactured, and deployed. The push for net-zero buildings and stricter environmental regulations—such as the European Union’s Energy Performance of Buildings Directive (EPBD) and California’s Title 24 energy code—are accelerating the adoption of high-performance ventilation solutions. Manufacturers are innovating to deliver equipment that combines lower energy consumption with higher filtration performance, leveraging materials like variable-speed fans, DC motors, and high-efficiency particulate air (HEPA) filters. Demand for decentralized ventilation systems, especially in retrofit applications, is rising as property owners seek flexible, minimally invasive solutions. In commercial settings, systems equipped with CO2 sensors and automated demand-control ventilation (DCV) mechanisms are now preferred for their ability to adapt airflow dynamically based on occupancy levels. Innovations in smart building platforms are further reinforcing this shift—ventilation units are increasingly integrated with centralized building management systems (BMS) that provide real-time analytics, diagnostics, and remote maintenance capabilities. Additionally, green certifications such as LEED, BREEAM, and WELL are incentivizing developers to install sophisticated air handling units that go beyond minimum code compliance to achieve superior indoor environmental quality. This convergence of environmental responsibility and intelligent engineering is becoming a critical growth axis for the industry.

What Role Do Industrial and Commercial Applications Play in Market Expansion?

While residential applications remain important, industrial and commercial end-users are at the forefront of driving demand for advanced ventilation systems. In manufacturing environments, ventilation is essential for controlling dust, fumes, and temperature, especially in sectors such as pharmaceuticals, chemicals, and electronics where cleanroom standards are required. Food processing plants, mining operations, and heavy engineering facilities depend on specialized exhaust and supply fans to ensure regulatory compliance and worker safety. Warehouses and logistics hubs, often operating 24/7, are investing in high-capacity ventilation to improve energy use while maintaining airflow in large spaces. Meanwhile, the commercial real estate sector—including malls, hotels, airports, and office complexes—is investing in centralized HVAC and air distribution systems that meet both health and energy standards. Schools and universities are also upgrading legacy ventilation units to comply with post-pandemic ventilation protocols that emphasize increased air changes per hour (ACH) and use of MERV-rated filters. The growing trend of hybrid workspaces and co-working environments is compelling property managers to reevaluate airflow solutions that provide individualized comfort without compromising system efficiency. These multifaceted commercial and industrial applications underscore the expanding scope and complexity of the global ventilation equipment market.

What’s Powering the Momentum Behind Market Growth Across Regions and Sectors?

The growth in the ventilation equipment market is driven by several factors linked to technology advancement, end-use evolution, regulatory mandates, and consumer health expectations. Technological innovation—especially the integration of AI, machine learning, and IoT in ventilation controls—is enabling more precise, adaptive, and energy-conscious systems that cater to dynamic environmental conditions. In terms of end-use, the proliferation of green building practices and smart infrastructure across urban and semi-urban areas is significantly boosting adoption across commercial and institutional spaces. From a regional perspective, the Asia-Pacific region is witnessing aggressive growth due to rapid urbanization, a burgeoning middle class, and rising investment in infrastructure and real estate. Europe continues to lead in regulatory stringency, pushing manufacturers to design compliant, low-emission ventilation systems. Meanwhile, North America’s focus on public health, coupled with investments in education and healthcare infrastructure, is driving demand for high-efficiency and intelligent air systems. Changing consumer behavior—particularly heightened awareness about allergens, airborne pathogens, and the long-term effects of poor air quality—is translating into greater adoption of home ventilation systems as well. All these factors are collectively reshaping the global ventilation equipment landscape, offering a fertile ground for innovation, expansion, and long-term sustainability.

SCOPE OF STUDY:

The report analyzes the Ventilation Equipment market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product (Data Center Cooling, Centralized Ventilation, Decentralized Ventilation, Range Hood); Equipment Type (Air Filter, Air Handling Unit, Air Purifier, Roof Vents, Axial Fan, Centrifugal Fan); Application (Industrial, Commercial, Residential)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 41 Featured) -

• ABC Ventilation Systems
• Aerovent
• Air System Components, Inc.
• BELIMO Holding AG
• CaptiveAire Systems
• Carrier Global Corporation
• Cincinnati Fan
• Daikin Industries, Ltd.
• Delta Electronics, Inc.
• ebm-papst Group
• FläktGroup
• Greenheck Fan Corporation
• Honeywell International Inc.
• Howden Group
• Johnson Controls International plc
• Lennox International Inc.
• Lindab International AB
• Loren Cook Company
• Midea Group Co., Ltd.
• Mitsubishi Electric Corporation

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