How Has the Attic And Exhaust fans Market Size Evolved in Recent Years?
The attic and exhaust fans market has seen considerable growth due to a variety of factors.
• The market for attic and exhaust fans has shown considerable growth in the past years. Rising from $10.03 billion in 2024, it is projected to reach $10.81 billion in 2025, showcasing a compound annual growth rate (CAGR) of 7.8%.
Factors such as energy efficiency concerns, awareness about climate change, construction regulations, and home renovation trends have contributed to growth during the historical period.
What Is The Forecast For The Attic And Exhaust fans Market?
The attic and exhaust fans market is expected to maintain its strong growth trajectory in upcoming years.
• It's anticipated that the market for attic and exhaust fans will experience significant expansion in the upcoming years, reaching $14.4 billion in 2029 with a CAGR of 7.4%.
Factors contributing to growth during the predicted period include warmer temperatures, energy-saving standards, integration with smart homes, eco-friendly building techniques, urban growth and increasing population, renovation and retrofit initiatives, as well as concerns over health and indoor air quality. Trends to watch out for during this forecast period comprise development in ventilation tech, noiseless operation, use of sustainable materials and production methods, and fans powered by solar energy.
What Factors Are Driving Growth In The Attic And Exhaust fans Market?
The expansion of the construction sector is anticipated to drive the growth of the attic and exhaust fans market. The construction industry, which includes the stages of planning, designing, building, maintaining and repairing structures, infrastructure, and industrial facilities, significantly consumes attic ventilation fans. These fans are instrumental in reducing attic temperatures and eliminating surplus moisture, which consequently lowers air-conditioning energy costs, extends the lifespan of the roof coverage, and lessens the risk of ice damming. As reported by the United States Census Bureau, a government agency in the US, the US construction industry saw a predicted annual spend rate of $1,983.5 billion in August 2023 after seasonal adjustments. This figure is a 0.5% increase from the revised July estimate of $1,973.7 billion, and it's also 7.4% higher than the August 2022 estimate of $1,847.3 billion. Therefore, the burgeoning construction industry is fuelling the growth of the attic and exhaust fans market.
How Is The Global Attic And Exhaust fans Market Divided Into Key Segments?
The attic and exhaust fans market covered in this report is segmented –
1) By Type: Attic Fans, Exhaust Fans
2) By Material: Metal, Plastic
3) By Application: Industrial, Commercial, Residential
Subsegments:
1) By Attic Fans: Solar Attic Fans, Electric Attic Fans, Roof Mount Attic Fans, Gable Mount Attic Fans
2) By Exhaust Fans: Wall-Mounted Exhaust Fans, Ceiling-Mounted Exhaust Fans, Inline Exhaust Fans, Bathroom Exhaust Fans, Kitchen Exhaust Fans
Pre-Book The Attic And Exhaust fans Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Trends Are Reshaping The Future Of The Attic And Exhaust fans Market?
Leading businesses in the attic and exhaust fan market are advancing their product line by introducing innovative items such as solar power attic fans, aimed at enhancing customer satisfaction and maintaining their loyalty. Solar power attic fans, which utilise solar energy, are designed to moderate the attic temperature by subtracting hot air and moisture. For example, in November 2022, Solar Royal LLC, a manufacturer of solar energy equipment based in the United States, unveiled its SR1800. This premium solar-powered ventilation/attic fan leverages solar power for its functioning and includes the most recent advancements in attic ventilation solutions. The SR1800 is designed to lower temperatures in enclosed spaces such as attics, crawl spaces, warehouses, storage areas, sheds, barns, and commercial structures throughout the year. By transforming passive ventilation into active, the solar-powered attic fan helps to improve the comfort level in these areas, while also reducing HVAC expenses and cooling cycles, leading to significant energy and financial savings.
Who Are the Key Players In The Attic And Exhaust fans Market?
Major companies operating in the attic and exhaust fans market include:
• Greenhack
• Systemair
• Twin City Fan
• Howden
• Soler & Palau
• Attic Breeze LLC
• Industrial Fans Direct
• Daltec Fans
• Atmox Inc.
• Wayne's Solar Inc.
• Johnson Controls
• Nanfang Ventilator
• Munters
• Polypipe Ventilation
• Greenwood Airvac
What Are The Regional Insights Into The Attic And Exhaust fans Market?
Asia-Pacific was the largest region in the attic and exhaust fans market in 2023. Western Europe was the second largest region in the attic and exhaust fans market. The regions covered in the attic and exhaust fans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
