The global attic and exhaust fans market size is expected to grow from $6.85 billion in 2021 to $8.95 billion in 2022 at a compound annual growth rate (CAGR) of 30.7%. The global attic and exhaust fan market size is expected to grow to $12.48 billion in 2026 at a CAGR of 8.7%.
What is the Global Attic And Exhaust Fans Market?
The attic and exhaust fans market consists of sales of attic and exhaust fans by entities (organizations, sole traders, and partnerships) that produce attic and exhaust fans which are used in warmer months when temperatures in an attic can exceed 120°F (49°C) or to pull excess moisture and unwanted odors out of a particular room or area. Only goods and services traded between entities or sold to end consumers are included.
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What drives the Global Attic And Exhaust Fans Market?
The growth in the number of industries across the world contributed to the growth of the attic and exhaust fans market. Exhaust fans are used to remove contaminants like dust, fumes, and vapors, to provide a safe environment for work. For example, a steel manufacturing plant uses an exhaust fan to create the difference between indoor and outdoor air environments so that airflow can be generated to eliminate the exhausting gas while manufacturing. According to India Brand Equity Foundation (IBEF), in India, the number of micros, small and medium enterprises (MSMEs) has increased from 2.12 million units in 2019 to 2.51 million units in 2020, growth by 18.5%. Therefore, the growth in several industries across the world boosted the demand for industrial exhaust fans which in turn influenced the market for attic and exhaust fans positively.
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Global Attic And Exhaust Fans Market Segments
The global attic and exhaust fans market is segmented:
By Type: Attic Fans, Exhaust Fans
By Material: Metal, Plastic
By Application: Industrial, Commercial, Residential
By Geography: The regions covered in the attic and exhaust fans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Attic And Exhaust Fans Global Market Report 2022provides market size and growth forecasts for the global attic and exhaust fans market, global attic and exhaust fans market share, attic and exhaust fans market segments and geographies, attic and exhaust fans market competitive landscape including leading competitors’ revenues, profiles and market shares. The attic and exhaust fans market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Attic And Exhaust Fans Industry Playersinclude Greenhack, Systemair, Twin City Fan, Howden, Soler & Palau, Attic Breeze LLC, Industrial Fans Direct, Daltec Fans, Atmox Inc, and Wayne's Solar Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
