Ventilation Equipment – A European Market Overview | Research Report by Industry Experts, Inc. скачать в хорошем качестве

Ventilation Equipment – A European Market Overview | Research Report by Industry Experts, Inc.

A new report from Industry Experts, Inc., on "European Ventilation Equipment Market", reveals that the European unit shipments of ventilation equipment are forecast to reach 40 million units in 2030, from an estimated 32.7 million units in 2024 registering a CAGR of 3.5% during 2024-2030 period. Shipment value of European ventilation equipment is projected to grow by a CAGR of 3.4% over the forecast period, reaching close to US$7 billion by 2030. To access the full report please visit: https://industry-experts.com/vertical... The European ventilation equipment market experienced a significant decline in 2020 due to the COVID-19 pandemic, which disrupted new construction and renovation activities across the European Union. However, demand rebounded sharply in 2021-2022, fueled by a recovery in commercial and residential construction, government-backed renovation initiatives, and increased awareness of the importance of Indoor Air Quality (IAQ) in the wake of the pandemic. In 2023, however, demand declined slightly again as economic uncertainty, rising interest rates, and escalating construction costs slowed construction activity across the region. Axial Fans is the largest segment in terms of value shipments in the European ventilation equipment market with a share of 30.6% in 2023 and anticipated to post a CAGR of 3.8% between 2024 and 2030 in reaching 12.5 million units in 2030. In terms of value, Centrifugal Fans corners the largest share of European Ventilation Equipment market, estimated at 28.3% in 2024, followed closely by Axial Fans and Range Hoods. About Industry Experts, Inc. Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. Contact us at +1-320-497-3787 or visit https://industry-experts.com/ Our Socials: LinkedIn:   / industry-experts   Instagram:   / industryexperts   Twitter:   / industryexperts   Facebook:   / industryexperts