$12.4+ Billion Worldwide Attic and Exhaust Fans Industry to 2031 - APAC was the Largest Region in 2021

Dublin, Dec. 23, 2022 (GLOBE NEWSWIRE) -- The "Attic And Exhaust fans Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global attic and exhaust fans market as it emerges from the COVID-19 shut down.

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The global attic and exhaust fans market 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 market is expected to grow to $12.48 billion in 2026 at a compound annual growth rate (CAGR) of 8.7%.

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.

The main types of attic and exhaust fans are attic fans and exhaust fans. Attic fans refer to a ventilation fan that regulates the heat level of a building's attic by exhausting hot air. The material used is metal and plastic. The various applications involved are industrial, commercial, and residential.

The Asia Pacific was the largest region in the attic and exhaust fans in 2021. Western Europe was the second largest region in theattic and exhaust fans market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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.

Exhaust fans can cause depressurization in a house and this factor is expected to limit the growth of the attic and exhaust fans market. Exhaust fans can depressurize a house and lower the pressure indoors with respect to the outside. Depressurized houses or places will also have a higher difference in temperature between inside and outside.

The risk of the absence of pressure in a house results in higher utility costs, poor indoor air quality, and damp inside walls of houses. Therefore, such factors are expected to have a negative impact on the growth of the attic and exhaust fans market.

Increasing demand for smart attic fans is an emerging trend in the attic and exhaust fans market. A smart attic fan is a device that has a built-in thermostat/humidistat, variable speed motor, and is operated using applications. For instance, QuietCool AFG SMT-3.0 smart attic fan from Quiet Cool Colorado runs at the 3,000 CFM setting when the attic is at its hottest point and again the smart attic fan automatically cycles itself down to the lower speeds as the attic starts to cool down.

The countries covered in the attic and exhaust fans market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

Major players in the attic and exhaust fans market are Greenhack, Systemair, Twin City Fan, Howden, Soler & Palau, Attic Breeze LLC, Industrial Fans Direct, Daltec Fans, Atmox Inc, and Wayne's Solar Inc.

Key Topics Covered:

1. Executive Summary

2. Attic And Exhaust Fans Market Characteristics

3. Attic And Exhaust Fans Market Trends And Strategies

4. Impact Of COVID-19 On Attic And Exhaust Fans

5. Attic And Exhaust Fans Market Size And Growth
5.1. Global Attic And Exhaust Fans Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Attic And Exhaust Fans Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Attic And Exhaust Fans Market Segmentation
6.1. Global Attic And Exhaust Fans Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Attic Fans
• Exhaust Fans

6.2. Global Attic And Exhaust Fans Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Metal
• Plastic

6.3. Global Attic And Exhaust Fans Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Industrial
• Commercial
• Residential

7. Attic And Exhaust Fans Market Regional And Country Analysis
7.1. Global Attic And Exhaust Fans Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Attic And Exhaust Fans Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

For more information about this report visit https://www.researchandmarkets.com/r/h0yoca

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• Global Attic and Exhaust Fans Market