According to the latest report by IMARC Group, titled “Agricultural Ventilation Fans Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the during 2015-2020. Agricultural ventilation fans stand for the equipment used for maintaining the required levels of humidity, carbon dioxide and temperature in indoor-based farming applications. They help in promoting optimum growth of fruits and vegetables and prevent the development of mold or fungi on plant surfaces. During the summer season, agricultural ventilation fans minimize the heat and humidity in the air by creating a breeze and pushing cooler air through the building, whereas, in the winters, they block the accumulation of harmful toxins, gases, and odors and provide adequate ventilation to the livestock.
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Market Trends:
The expanding agriculture sector and the increasing adoption of indoor farming practices are primarily driving the global market for agricultural ventilation fans. Moreover, a significant growth in the demand for exotic fruits, vegetables, and flowers that require highly controlled environments with sufficient ventilation is also augmenting the market growth. Besides this, due to the scarcity of open cattle grazing spaces, animal breeders are transforming their farms into greenhouses using agricultural ventilation fans to provide the desired environment for livestock feed growth. Additionally, the widespread adoption of vertical farming practices is acting as another significant growth-inducing factor. In the coming years, the rising demand for urban agriculture and implementation of favorable government policies promoting sustainable agricultural practices, are anticipated to further drive the global market for agricultural ventilation fans. Looking forward, IMARC Group expects the global agricultural ventilation fans market to grow at a CAGR of around 7% during the next five years.
Breakup by Product:
- Circulation Fans
- Duct Fans
- Exhaust Fans
- Portable Fans
- Others
Breakup by Application:
- Dairy/Livestock
- Equine
- Greenhouse
- Others
Competitive Landscape with key players:
- AirMax Fans
- American Coolair
- B&B AgriSystems
- Bigass Fans (Delta T LLC)
- Breeza Industrial
- ebm-papst
- Markair Inc.
- Multi-Wing America Inc.
- New York Blower Company
- QC Supply
- Schaefer Systems International Pvt Ltd.
- Vostermans Ventilation B.V
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