Agricultural Ventilation Market Size, Share, Growth Analysis Report By Product (Circulation Fans, Duct Fans, Exhaust Fans, Portable Fans, Others), By Application (Dairy/Livestock, Equine, Greenhouse, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- AirMax Fans
- Multi-Wing America Inc.
- American Coolair Corp.
- QC Supply
- Others
Reports Description
The global agricultural ventilation market was worth around USD 650 million in 2021 and is predicted to grow to around USD 1,500 million by 2030, with a compound annual growth rate (CAGR) of roughly 9.8% between 2022 and 2030. The report analyses the agricultural ventilation market’s drivers and restraints and their impact on demand throughout the projection period. In addition, it examines global opportunities in the market.
Agricultural Ventilation Market: Overview
Agricultural ventilation fans are widely used to maintain the desired humidity, temperature, and carbon dioxide levels in indoor applications. They support the optimum growth of fruits and vegetables and prevent the development of fungi on plant surfaces. The demand for agricultural ventilation fans has surged over the last few years due to the continuous increase in indoor farming practices.
Agricultural fans help maintain the highest temperatures, carbon dioxide levels, and humidity needed to grow plants and vegetables on indoor farms. They also lower the water level on the plant’s surface and prevent fungi growth.
In addition, agricultural fans are in great demand in countries where low water levels or dehydrated climatic conditions continue. Harvesters or farmers in such countries choose to harvest vertically to control the temperature of the space, save water used for agriculture, and optimize the growth and quality of produce. This will facilitate the expansion of the agricultural fan market.
Agricultural Ventilation Market: COVID-19 Impact Analysis
COVID-19 has disrupted food supply chains around the world. In the early days of the pandemic, movement restrictions continued, and labor shortages, and a reduction in the supply of materials needed to manufacture agricultural fans. This disruption in the supply chain also results in a limited supply. Nevertheless, COVID-19 has created a demand for indoor products. The supply of indoor agriculture and the growing demand for indoor crops to solve food shortages in this pandemic drive the agricultural ventilation fan market.
Agricultural Ventilation Market: Growth Drivers
Farmers are now compelled to cultivate in a controlled environment using ventilation technology due to the rising demand for exotic vegetables, fruits, and flowers and unpredictable environmental conditions. Additionally, due to the lack of open land for cattle grazing, farmers are turning their farms into greenhouses today. These greenhouses are equipped with agricultural ventilation systems to create the ideal environment.
Agri-ventilation fans are also in high demand in nations with arid climates or low water tables. Farmers and harvesters like growing crops vertically in these nations since it conserves water used for crop cultivation and controls the room’s temperature to maximize nutrient quality and yield growth. In turn, this is encouraging market expansion.
Demand for agricultural fans has increased in recent years due to the growth of indoor agricultural practices on a global scale. The growing demand for urban agriculture is combined with the growing world population and rapid changes in climatic conditions. This factor requires less water, less area per unit area, and more crops harvested. As a result, large farmers prefer to adopt indoor farming practices that require an indoor farming ventilation system.
Agricultural Ventilation Market: Segmentation Analysis
The circulation fan supports the warm air distribution generated from the overhead heat systems during cold seasons. The rise in adoption of the back two-fold feature offered in terms of providing both cooling and ventilation to the open livestock barns. Also, these fans move a high air volume with low pressure to balance the temperature in greenhouses.
Dairy/livestock, equine, and greenhouse are the market segments by application. Agricultural ventilation fans control the climate in the greenhouse to improve the quality and quantity of the products. In addition, the hot air in the greenhouse should be replaced with colder outside air to maintain the optimum temperature during the summer. The harvester uses a fan to achieve this, resulting in higher crop production than natural ventilation technology.
Report Scope
Report Attribute | Details |
Market Size in 2021 | USD 650 Million |
Projected Market Size in 2030 | USD 1,500 Million |
CAGR Growth Rate | 9.8% CAGR (2022-2030) |
Base Year | 2023 |
Forecast Years | 2024-2033 |
Key Market Players |
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Key Segment | By Product, Application, and Region |
Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options | Request customized purchase options to meet your research needs. |
Key Insights:
- As per the analysis shared by our research analyst, the agricultural ventilation market is estimated to grow annually at a CAGR of around 9.8% over the forecast period (2022-2030).
- In terms of revenue, the agricultural ventilation market was valued at around USD 650 million in 2021 and is projected to reach USD 1,500 million by 2030. Due to various driving factors, the market is predicted to rise significantly.
- The greenhouse application was predicted to show maximum market share in 2021 based on application segmentation.
- Based on region, the “North America” region was the leading revenue generator in 2021.
Regional Landscape
The North American region held the largest share in 2020. This is due to the presence of top companies such as Air Max Fans, American Coolair Corp, Galebreaker Industrial, and New York Blower Company. In addition, the increased use of agricultural ventilation equipment is expected to create significant demand for regional markets.
The Asia-Pacific market is anticipated to contribute significantly to regional market size by 2022-2028. Increasing farmers’ awareness of the need for alternative farming, changing consumer consumption patterns in the region, and increasing rejection of pesticide abuse in fruit and vegetable production support growth opportunities in the market.
The need to adopt alternative farming methods in uncertain climatic conditions and the increasing food demand has led to the increased construction of greenhouses and vertical farming for crop production, driving the installation of agricultural ventilation fans in the region.
Competitive Landscape
The study includes an in-depth competitive analysis of these key players in agricultural ventilation with their company profiles, recent developments, and key market strategies.
The global agricultural ventilation market is segmented as follows:
By Product
- Circulation Fans
- Duct Fans
- Exhaust Fans
- Portable Fans
- Others
By Application
- Dairy/Livestock
- Equine
- Greenhouse
- Others
By Region
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Agricultural Ventilation Market (2022 – 2030) (USD Million)
- 2.2 Global Agricultural Ventilation Market: snapshot
- Chapter 3. Global Agricultural Ventilation Market – Industry Analysis
- 3.1 Agricultural Ventilation Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Expansion of exotic fruits and vegetables
- 3.2.2 Driver 2
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product
- 3.7.2 Market Attractiveness Analysis By Application
- Chapter 4. Global Agricultural Ventilation Market—Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Agricultural Ventilation Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Agricultural Ventilation Market: Product Analysis
- 5.1 Global Agricultural Ventilation Market Overview: By Product
- 5.1.1 Global Agricultural Ventilation Market Share, By Product, 2021 and 2030
- 5.2 Circulation Fans
- 5.2.1 Global Agricultural Ventilation Market by Circulation Fans, 2022 – 2030 (USD Million)
- 5.3 Duct Fans
- 5.3.1 Global Agricultural Ventilation Market by Duct Fans, 2022 – 2030 (USD Million)
- 5.4 Exhaust Fans
- 5.4.1 Global Agricultural Ventilation Market by Exhaust Fans, 2022 – 2030 (USD Million)
- 5.5 Portable Fans
- 5.5.1 Global Agricultural Ventilation Market by Portable Fans, 2022 – 2030 (USD Million)
- 5.6 Others
- 5.6.1 Global Agricultural Ventilation Market by Others, 2022 – 2030 (USD Million)
- 5.1 Global Agricultural Ventilation Market Overview: By Product
- Chapter 6. Global Agricultural Ventilation Market: Application Analysis
- 6.1 Global Agricultural Ventilation Market Overview: By Application
- 6.1.1 Global Agricultural Ventilation Market Share, By Application, 2021 and 2030
- 6.2 Dairy/Livestock
- 6.2.1 Global Agricultural Ventilation Market by Dairy/Livestock, 2022 – 2030 (USD Million)
- 6.3 Equine
- 6.3.1 Global Agricultural Ventilation Market by Equine, 2022 – 2030 (USD Million)
- 6.4 Greenhouse
- 6.4.1 Global Agricultural Ventilation Market by Greenhouse, 2022 – 2030 (USD Million)
- 6.5 Others
- 6.5.1 Global Agricultural Ventilation Market by Others, 2022 – 2030 (USD Million)
- 6.1 Global Agricultural Ventilation Market Overview: By Application
- Chapter 7. Agricultural Ventilation Industry – Regional Analysis
- 7.1 Global Agricultural Ventilation Industry Regional Overview
- 7.2 Global Agricultural Ventilation Industry Share, by Region, 2021 & 2030 (USD Million)
- 7.3. North America
- 7.3.1 North America Agricultural Ventilation Industry, 2022 – 2030 (USD Million)
- 7.3.1.1 North America Agricultural Ventilation Industry, by Country, 2022 – 2030 (USD Million)
- 7.3.1 North America Agricultural Ventilation Industry, 2022 – 2030 (USD Million)
- 7.4 North America Agricultural Ventilation Industry, by Product, 2022 – 2030
- 7.4.1 North America Agricultural Ventilation Industry, by Product, 2022 – 2030 (USD Million)
- 7.5 North America Agricultural Ventilation Industry, by Application, 2022 – 2030
- 7.5.1 North America Agricultural Ventilation Industry, by Application, 2022 – 2030 (USD Million)
- 7.6. Europe
- 7.6.1 Europe Agricultural Ventilation Industry, 2022 – 2030 (USD Million)
- 7.6.1.1 Europe Agricultural Ventilation Industry, by Country, 2022 – 2030 (USD Million)
- 7.6.1 Europe Agricultural Ventilation Industry, 2022 – 2030 (USD Million)
- 7.7 Europe Agricultural Ventilation Industry, by Product, 2022 – 2030
- 7.7.1 Europe Agricultural Ventilation Industry, by Product, 2022 – 2030 (USD Million)
- 7.8 Europe Agricultural Ventilation Industry, by Application, 2022 – 2030
- 7.8.1 Europe Agricultural Ventilation Industry, by Application, 2022 – 2030 (USD Million)
- 7.9. Asia Pacific
- 7.9.1 Asia Pacific Agricultural Ventilation Industry, 2022 – 2030 (USD Million)
- 7.9.1.1 Asia Pacific Agricultural Ventilation Industry, by Country, 2022 – 2030 (USD Million)
- 7.9.1 Asia Pacific Agricultural Ventilation Industry, 2022 – 2030 (USD Million)
- 7.10 Asia Pacific Agricultural Ventilation Industry, by Product, 2022 – 2030
- 7.10.1 Asia Pacific Agricultural Ventilation Industry, by Product, 2022 – 2030 (USD Million)
- 7.11 Asia Pacific Agricultural Ventilation Industry, by Application, 2022 – 2030
- 7.11.1 Asia Pacific Agricultural Ventilation Industry, by Application, 2022 – 2030 (USD Million)
- 7.12. Latin America
- 7.12.1 Latin America Agricultural Ventilation Industry, 2022 – 2030 (USD Million)
- 7.12.1.1 Latin America Agricultural Ventilation Industry, by Country, 2022 – 2030 (USD Million)
- 7.12.1 Latin America Agricultural Ventilation Industry, 2022 – 2030 (USD Million)
- 7.13 Latin America Agricultural Ventilation Industry, by Product, 2022 – 2030
- 7.13.1 Latin America Agricultural Ventilation Industry, by Product, 2022 – 2030 (USD Million)
- 7.14 Latin America Agricultural Ventilation Industry, by Application, 2022 – 2030
- 7.14.1 Latin America Agricultural Ventilation Industry, by Application, 2022 – 2030 (USD Million)
- 7.15. The Middle-East and Africa
- 7.15.1 The Middle-East and Africa Agricultural Ventilation Industry, 2022 – 2030 (USD Million)
- 7.15.1.1 The Middle-East and Africa Agricultural Ventilation Industry, by Country, 2022 – 2030 (USD Million)
- 7.15.1 The Middle-East and Africa Agricultural Ventilation Industry, 2022 – 2030 (USD Million)
- 7.16 The Middle-East and Africa Agricultural Ventilation Industry, by Product, 2022 – 2030
- 7.16.1 The Middle-East and Africa Agricultural Ventilation Industry, by Product, 2022 – 2030 (USD Million)
- 7.17 The Middle-East and Africa Agricultural Ventilation Industry, by Application, 2022 – 2030
- 7.17.1 The Middle-East and Africa Agricultural Ventilation Industry, by Application, 2022 – 2030 (USD Million)
- Chapter 8. Company Profiles
- 8.1 AirMax Fans
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 Multi-Wing America Inc.
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 American Coolair Corp.
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 QC Supply
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Vostermans Ventilation
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.1 AirMax Fans
List Of Figures
Figures No 1 to 23
List Of Tables
Tables No 1 to 52
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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List of the prominent players in the global agricultural ventilation market:
- AirMax Fans
- American Coolair Corp.
- Bigass Fans (Delta T, LLC)
- Multi-Wing America, Inc.
- OSBORNE INDUSTRIES INC.
- QC Supply, a PS Operating Company LLC
- Schaefer
- Vostermans Ventilation
- New York Blower Company
- ebm-papst
- Others
FAQs
North America” region will lead the global agricultural ventilation market during the forecast period 2022 to 2030.
As emerging nations are significant consumers of fruits and vegetables, the expansion of exotic fruits and vegetables is expected to raise production demand.
The key players operating in the agricultural ventilation market are AirMax Fans, Multi-Wing America Inc., American Coolair Corp., QC Supply, Vostermans Ventilation, and Others.
The global agricultural ventilation market is expanding growth with a CAGR of approximately 9.8% during the forecast period (2022 to 2030).
The global agricultural ventilation market size was valued at US$ 650 Million in 2021 and it is projected to reach around US$ 1,500 Million by 2030.