North America Mechanical Ventilation Systems Market

Market Introduction

With the rising investments, presence of key market players and emergence of small-scale enterprises in the North America mechanical ventilation systems market, thus it is expected to achieve a significant growth during the forecast period. The lack of proper ventilation often causes lower worker efficiency and decreased productivity. As a result, the demands for mechanical ventilation systems have significantly increased in the industries such as mining and manufacturing to provide airflow of sufficient volume, remove dust and noxious gases, and regulate temperature. There is rising demand for energy-efficient ventilation systems to reduce power consumption, and heating and cooling expenses in the residential sector. Whole-home ventilation systems remove pollutants from the air entering the building. A few systems can help keep heat and moisture during winter and expel more of it during summer.

The increasing number of infected individuals has led governments of North American countries to shut down nation’s borders during Q2 of 2021. Manufacturing facilities are either temporarily shut or are operating with limited staff strength; moreover, the supply chains of components and parts are disrupted. The United States is the largest markets for mechanical ventilation system, especially due to its technologically advanced aerospace & defense and manufacturing sectors. However, the outbreak has severely affected the production and revenue generation due to lowered production volumes. Thus, the COVID-19 pandemic continues to have a negative impact on the growth of the mechanical ventilation system market in North America.

North America Mechanical Ventilation Systems Strategic Insights

Strategic insights for the North America Mechanical Ventilation Systems provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Mechanical Ventilation Systems Report Scope

North America Mechanical Ventilation Systems Regional Insights

The geographic scope of the North America Mechanical Ventilation Systems refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The mechanical ventilation systems market in North America is expected to grow from US$ 5216.29 million in 2021 to US$ 7239.52 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028. Growing innovations in energy recovery ventilation is anticipated to provide lucrative growth opportunities for the mechanical ventilation system market. Prominent players are increasingly investing in the design and development of controlled ventilation that transfers heat from the warm exhaust air to the cold supply air to minimize energy and cost of heating ventilated air. A few energy recovery systems also use existing ductwork to manage the expenses. Efficient ducts can effectively reduce pressure drops in the system and improve overall performance. The incorporation of embedded devices in energy recovery systems prevent it from freezing and reduce frost formation that can damage heat exchangers. This further decreases the maintenance costs. Increased focus on indoor climate have increased demand for turn-key heating, ventilation, and air conditioning (HVAC) solutions and integrated cooling methodologies. This is enabling the market vendors to invest in technologies that helps to obtain good thermal comfort and indoor air quality in warm summer seasons.

Key Market Segments

In terms of type, the exhaust ventilation segment accounted for the largest share of the North America mechanical ventilation systems market in 2020. In term of application, commercial segment held a larger market share of the mechanical ventilation systems market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the mechanical ventilation systems market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Vortice, BLAUBERG, Infineon Technologies AG, AERME, and Mitsubishi Electric Corporation among others.

Reasons to buy report

• To understand the North America mechanical ventilation systems market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for North America mechanical ventilation systems market
• Efficiently plan M&A and partnership deals in North America mechanical ventilation systems market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America mechanical ventilation systems market
• Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.

North America Mechanical Ventilation Systems Market Segmentation

North America Mechanical Ventilation Systems Market – By Type

• Exhaust Ventilation
• Supply Ventilation
• Balanced Ventilation
• Energy Recovery Ventilation

North America Mechanical Ventilation Systems Market – By

Application

• Industrial
• Residential
• Commercial

North America Mechanical Ventilation Systems Market – By

Country

• US
• Canada  
• Mexico     

North America Mechanical Ventilation Systems Market – Companies Mentioned

• Vortice                                                                   
• BLAUBERG                                                            
• Infineon Technologies AG                                 
• AERMEC                                                                
• Mitsubishi Electric Corporation