The global thermo ventilator market is anticipated to grow at a CAGR of 5.6% during the forecast period (2023-2030). Urbanization has positively impacted almost every market including thermos ventilators market globally. There is an exponential increase in the number of people using modern home appliances across the globe. Increase in household income and rising investments in construction and infrastructure development in emerging countries is the primary factor supporting the market growth.
Browse the full report description of “Thermo ventilators Market Size, Share & Trends Analysis Report by Type (Wall Mounter, Window Mounter, Celling Mounted, and Portable), and by End User (Residential and Commercial) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/thermo-ventilators-market
The continuous rise in development of infrastructure has further propelled the adoption of technologically advanced electronic consumer appliances such as ventilation devices and others in various industries including residential too. Hence, the thermo ventilators market manufacturers are developing ventilators suitable for residential applications to stay competitive in the market companies are creating better product then the existing one. For instance, in July 2022, LG launched a new residential building ventilation system with built in CO2 sensor, high-efficiency particulate absorbing (HEPA) filter and UV-C technology. The system is taking indoor air quality, carbon emission reductions, and reduced energy consumption to a new level in the residential environment.
Moreover, the growing population and increasing number of modern houses hold in urban areas lead to high demand for better product at same price. Hence companies are focusing on this problem and introducing new technologies and using partnership to improve. For instance, in January 2022, Ecological Building Systems has announced that it is entered in partnership with Inventer Germany for the supply and distribution of their new range of ceramic ventilation systems in Ireland and the UK. A natural characteristic of ceramic is that it can accumulate heat very easily, and the honeycomb structure of the heat recovery core consists of 80% air and 20% ceramic. In this way, the system can maintain a high airflow with effective heat recovery and very little energy input.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Type
o By End User
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Mitsubishi Electric Corporation, Panasonic Corporation, Whirpool Corporation, Havells India Ltd., Honeywell International Inc. and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Thermo Ventilator Market Report Segment
By Type
By End User
Global Thermo Ventilator Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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