Agricultural Ventilation Fans Market Size & Analysis 2021-2027

Global Agricultural Ventilation Fans Market Size, Share & Industry Trends Analysis Report By Application, By Product, By Regional Outlook, Strategy, Challenges and Forecast, 2021 - 2027

Published Date: February-2022 | Number of Pages: 157 | Format: PDF | Report ID: KBV-16370

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COVID-19

Get in-depth analysis of the COVID-19 impact on the Agricultural Ventilation Fans Market

Market Report Description

The Global Agricultural Ventilation Fans Market size is expected to reach $902.3 million by 2027, rising at a market growth of 8.8% CAGR during the forecast period.

By eliminating stale, stagnant, or damp air from a building and replacing it with fresh air from outside of the facility, agricultural ventilation fans help to lower heat and odour while also enhancing air quality. Agricultural ventilation fans can keep the right amount of carbon dioxide in the air, as well as the right temperature and humidity for plant and vegetable development in indoor farms. These agricultural ventilation fans also help to reduce humidity on plant surfaces drastically, which inhibits fungal growth. The market for agricultural ventilation fans is expanding as a result of these qualities.

As a result of the expansion in indoor farming operations, adoption for agricultural ventilation fans has surged in recent years. The need for urban agriculture has risen as the world's population has grown and climatic situation has changed dramatically. This aspect is pushing the need for more crops to be harvested in a smaller area while using less water. As a result, large-scale farmers choose to perform indoor agriculture, which necessitates the use of indoor agricultural ventilation systems.

Several companies are offering advanced fans for creating airflow in cattle barns, dairy farms, equine facilities, fairgrounds, produce farms, cannabis production, and grow rooms, hydroponics gardens, and greenhouses with their vast array of fans covering a wide range of applications. In addition, companies have the technology to adequately circulate and ventilate the environment within the facility, from the ventillation fans gently spreading massive amounts of airflow to the fabric air duct systems diverting air to specified locations.

Agricultural Ventilation Fans Market Size - Global Opportunities and Trends Analysis Report 2017-2027

COVID-19 Impact Analysis

The COVID-19 pandemic has caused damage on food supply lines all over the world. Movement limitations and illness in the early stages of the pandemic resulted in labour shortages and a restricted availability of raw materials needed to manufacture agricultural ventilation fans. The feed delivery has been further delayed as a result of the supply chain disturbance. The COVID-19 pandemic, on the other hand, has boosted demand for indoor-grown fruit.

Indoor farming's capacity to handle the food crisis in the COVID-19 pandemic condition, as well as rising demand for indoor-grown crops, are driving market for agricultural ventilation fans. In addition, technological improvements that have led to the launch of functionality ventilation fans (ex-noise proof fans) are projected to propel the market forward in the coming years.

Market Growth Factors:

Implementation of Urban Agriculture Methods

The constantly growing population is increasing the need for more food items and hence, rising the requirement for agricultural sector. The goal of urban farming, sometimes known as urban agriculture, is to produce food inside city borders. It also has a lot of advantages, such as greater food security, less waste, community involvement, and so on. Some of the examples of urban farming is hydroponics, aquaponics and others.

Increase in diseases due to poor air quality

Researchers from all around the world have discovered that poor air quality can cause a variety of health issues, like lung cancer, pneumonia, chronic obstructive pulmonary disease and ischemic heart disease. In addition, farmers cultivating crops in closed spaces would develop different diseases in the absence of ventilation fans. It is because of the rise in the temperature, humidity and declining air quality.

Marketing Restraining Factor:

High cost attached to these fans

The implementation and operations of these fans incur a significant cost to the farmers. Since a considerable portion of farmer population do not have more money to invest in the adoption of various devices and equipment, the agricultural ventilation fans market would witness a hindrance over the forecast period. The requirement for more capital expenditure, combined with farmers' reluctance to switch to more advanced agricultural techniques would pose a challenge to the acceptance of indoor agriculture equipment.

Agricultural Ventilation Fans Market Share and Industry Analysis Report 2020

Application Outlook

By application, the Agricultural Ventilation Fans Market is segmented into Dairy/Livestock, Equine, Greenhouse, and Others. The dairy/livestock segment witnessed a substantial revenue share in the agricultural ventilation fans market in 2020. It is owing to rising cattle populations in sophisticated countries such as the United States, the United Kingdom, Germany and China. In dairy/livestock housing, a ventilation fan aids in ensuring a comfortable and consistent atmosphere for the animals.

Product Outlook

Based on the Product, the Agricultural Ventilation Fans Market is segmented into Circulation Fans, Duct Fans, Exhaust Fans, Portable Fans, and Others. The Exhaust Fan segment procured a significant revenue share in the agricultural ventilation fans market in 2020. Exhaust fans are one of the most important parts of the mechanical ventilation system because they remove odours and exhalations from the animals. They also contribute to not only enhancing the quality of animal life and also reducing the danger of outbreaks and sickness in cattle. As a result, these fans serve as a key driver in poultry and animal operations, providing vital air exchange.

Agricultural Ventilation Fans Market Report Coverage
Report Attribute Details
Market size value in 2020 USD 529.1 Million
Market size forecast in 2027 USD 902.3 Million
Base Year 2020
Historical Period 2017 to 2019
Forecast Period 2021 to 2027
Revenue Growth Rate CAGR of 8.8% from 2021 to 2027
Number of Pages 157
Number of Tables 290
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling
Segments covered Product, Application, Region
Country scope US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria
Growth Drivers
  • Implementation of Urban Agriculture Methods
  • Increase in diseases due to poor air quality
Restraints
  • High cost attached to these fans

Regional Outlook

Region-wise, the Agricultural Ventilation Fans Market is studied across North America, Europe, Asia Pacific, and LAMEA. In 2020, Europe emerged as the leading region in the agricultural ventilation fans market with the maximum revenue share. This growth is attributed to the increasing use of technologies such as Controlled Environment-Agriculture (CEA). Because of the continued trend of adopting US-style greenhouse production, the United Kingdom had a substantial portion of the European market.

Free Valuable Insights: Global Agricultural Ventilation Fans Market size to reach USD 902.3 Million by 2027

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AirMax Fans, American Coolair Corporation, Bigass Fans (Delta T. Corporation), Multi-Wing Group A/S, Osborne Industries, Inc., Qc Supply, LLC, Vostermans Ventilation B.V., ebm-papst Group, New York Blower Company (Mathis Brothers), and Schaefer Ventilation Equipment, LLC.

Scope of the Study

Market Segments Covered in the Report:

By Application

  • Greenhouse
  • Dairy/Livestock
  • Equine, and
  • Others

By Product

  • Circulation Fans
  • Exhaust Fans
  • Duct Fans
  • Portable Fans, and
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • AirMax Fans
  • American Coolair Corporation
  • Bigass Fans (Delta T. Corporation)
  • Multi-Wing Group A/S
  • Osborne Industries, Inc.
  • Qc Supply, LLC
  • Vostermans Ventilation B.V.
  • ebm-papst Group
  • New York Blower Company (Mathis Brothers)
  • Schaefer Ventilation Equipment, LLC

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Related Reports:

North America Agricultural Ventilation Fans Market Report 2021-2027

Europe Agricultural Ventilation Fans Market Report 2021-2027

Asia Pacific Agricultural Ventilation Fans Market Report 2021-2027

LAMEA Agricultural Ventilation Fans Market Report 2021-2027

FREQUENTLY ASKED QUESTIONS (FAQ):

The global Agricultural Ventilation Fans market size is expected to reach $902.3 million by 2027.

Increase in diseases due to poor air quality are driving the market in coming years, however, High cost attached to these fans have limited the growth of the market.

AirMax Fans, American Coolair Corporation, Bigass Fans (Delta T. Corporation), Multi-Wing Group A/S, Osborne Industries, Inc., Qc Supply, LLC, Vostermans Ventilation B.V., ebm-papst Group, New York Blower Company (Mathis Brothers), and Schaefer Ventilation Equipment, LLC.

The expected CAGR of the Agricultural Ventilation Fans market is CAGR of 8.8% from 2021 to 2027.

The Circulation Fans market acquired maximum revenue share in the Global Agricultural Ventilation Fans Market by Product 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $300.3 Million by 2027.

The Europe market region shows high market share in the Global Agricultural Ventilation Fans Market by Region 2020, and would continue to be a dominant market till 2027.

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