TechNavio today launched its report, Ventilation Equipment Market in the US 2012-2016, based on an in-depth analysis focusing exclusively on the US. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”Vendors in the Ventilation Equipment market in the US are currently developing next-generation equipment to meet the demand for technologically advanced equipment among end-users. Some of the large vendors in the market are developing equipment in line with the green concept, i.e., ventilation equipment that consumes relatively less energy and also results in relatively less carbon emission. In addition, the US government encourages vendors to develop such equipment. Also, many industries and commercial buildings are becoming increasingly interested in contributing to the ecofriendly concept. Therefore, the market is witnessing the emergence of several opportunities for the incorporation of the green concept into ventilation equipment.”
According to the report, fans and blowers account for a large part of the revenue generated in the Ventilation Equipment market in the US. Many industrial users are adopting these products rapidly to control air pollution in their surroundings. Several households and commercial buildings are adopting this basic ventilation equipment for the same reason. Fans and blowers are available at affordable prices, and therefore, the demand for these products is increasing across all the major end-user segments. Vendors are also observing a strong demand for centrifugal and axial ventilation fans and blowers. These products are being adopted rapidly by end-users, thus enhancing the growth of the market.
Further, the report reveals that the Ventilation Equipment market in the US currently faces the threat of substitution from chemical filtration products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/ventilation-equipment-market-us-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Ventilation Equipment Market in the US 2012-2016
