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Global Roof Ventilation Products Market Growth (Status and Outlook) 2024-2030
Product Code:1236488
Published Date: Nov 02,2024
Pages: 103
Region: Global
Category: Machinery & Equipment
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Roof Ventilation Products are essential components designed to regulate airflow within a building's roof space, helping to maintain optimal temperature and moisture levels.
Roof Ventilation Products include roof vents, roof fans and other devices to get the house ventilated. Ventilation is the intentional introduction of outdoor air into a space and is mainly used to control indoor air quality by diluting and displacing indoor pollutants; it can also be used for purposes of thermal comfort or dehumidification.
The global Roof Ventilation Products market size is projected to grow from US$ 1459 million in 2024 to US$ 2210 million in 2030; it is expected to grow at a CAGR of 7.2% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Roof Ventilation Products Industry Forecast” looks at past sales and reviews total world Roof Ventilation Products sales in 2022, providing a comprehensive analysis by region and market sector of projected Roof Ventilation Products sales for 2023 through 2029. With Roof Ventilation Products sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Roof Ventilation Products industry.
This Insight Report provides a comprehensive analysis of the global Roof Ventilation Products landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Roof Ventilation Products portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Roof Ventilation Products market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Roof Ventilation Products and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Roof Ventilation Products.
The competitive landscape of the global Roof Ventilation Products market is relatively fragmented. Although these products are important accessories for HVAC systems, the overall technical content is relatively low. Therefore, the market concentration is low, and many small and medium-sized enterprises participate in it and occupy a place through cost competition and regional market advantages. Global key Roof Ventilation Products players cover Panasonic, Swegon, Broan-NuTone, and Johnson Controls, etc. In terms of revenue, the global two largest companies occupied for a share nearly 10.68% in 2023. Due to the low entry barriers, there are still a large number of small and medium-sized enterprise competitors in the market. With the growth of market demand and the rise of emerging markets, this further aggravates the market fragmentation and fierce competition.
Geographically, APAC is the largest and fastest-growing region, with a 43.53% market share in 2023, which plays a more important role in the world. At present, the rapid development of Roof Ventilation Products in APAC is mainly due to the rapid urbanization in the region, the expansion of the construction industry and the increasing emphasis on energy-saving and environmental protection technologies. However, as the market expands, competition in the region is becoming increasingly fierce.
Roof Ventilation Products market is currently facing a crisis of market fragmentation and fierce price competition. Due to low technical content and low market concentration, it is difficult for companies to achieve high profits through product sales. At the same time, with the increasing global attention to energy conservation and indoor air quality, the market is also pregnant with significant opportunities. Future development trends will focus on technological innovation, energy efficiency improvement, and the integration of intelligent control systems. If companies can seize these opportunities, increase product added value and differentiation, they will stand out from the competition and occupy a larger share in this growing market.
This report presents a comprehensive overview, market shares, and growth opportunities of Roof Ventilation Products market by product type, application, key players and key regions and countries.
Segmentation by Type:
Roof Vents
Roof Fans
Others
Segmentation by Application:
Commercial
Residential
Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Roof Vents
Roof Fans
Others
Segmentation by Application:
Commercial
Residential
Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Panasonic
Swegon
Broan-NuTone
Johnson Controls
ALDES
Systemair
Rosenberg Ventilatoren
Elta
MAICO Ventilatoren
BVN Air
FläktGroup
Helios Ventilatoren
Nuaire