Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Bathroom Exhaust Fan Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 7.7% during the review period (2022 to 2027).
Bathroom Exhaust Fan Market Overview
Increasing demand from residential, commercial, and industrial buildings is expected to drive the development. Growing installation in bathrooms, kitchens, dryer rooms, garages, and attics of residences is anticipated to drive the product demand.
January 2017, Veent launched a smart ventilation fan suitable for bathrooms. The easy to install product can be controlled wirelessly, through Veent fan switch and the Veent app available for mobile phones. The smart technology of the product evaluates the median humidity and moisture levels of the nearby areas and switches itself on automatically to dry the area. This proves helpful in solving the issue of molds. The fan is soundless and equipped with an energy-efficient motor.
Globally, the Bathroom Exhaust Fan industry market is low concentrated as the manufacturing technology of Bathroom Exhaust Fan is relatively matures than some high-tech equipment. And some enterprises, like Panasonic, NuTone, Delta Product and Zehnderd, etc. are well-known for the wonderful performance of their Bathroom Exhaust Fan and related services. At the same time, China, occupied 50.86% production market share in 2017, is remarkable in the global Bathroom Exhaust Fan industry.
Industry News:
January 2020:Broan-Nutone’s SurfaceShield fan boasts an LED light fixture that’s designed to destroy the bacteria, fungi, and mold lingering in toilets, sinks, showers, and other germ-friendly surfaces in your bathroom.Developed in partnership with health-tech company Vital Vio, the embedded SurfaceShield emits light in a spectrum that triggers a toxic reaction in bacterial cells, essentially killing them from the inside.
Who are the Major Players in Bathroom Exhaust Fan Market?
Top Key players in the Bathroom Exhaust Fan Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Bathroom Exhaust Fan Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Air King, Broan, Delta Breez, Hampton Bay, Homewerks, NuTone, Panasonic, Menards, RONA, Ferguson, Continental Fan, Canarm and others.
What are the major Applications, Types and Regions for Bathroom Exhaust Fan Market?
By Type, it is segmented into
- Flush Mount
- Surface Mount
- others
By Applications
- Under 79 CFM
- 80-99 CFM
- Over 100 CFM
- Others
Bathroom Exhaust Fan Market Regional Analysis
North America was the largest market for ventilation fans, accounting for more than 30% of the global revenue share in 2018. Most new-age builders in the U.S. strictly abide by Passive House standard which is related to quality, comfort, and energy efficiency. As a result, they heavily rely upon exhaust fans for energy-efficient, airtight homes. These factors are expected to contribute to regional growth in the forthcoming years.Asia Pacific is expected to witness the fastest CAGR of 8.7% from 2019 to 2025. Countries, including China, India, Indonesia, Japan, and South Korea have evolved as manufacturing hubs, as a result of easy access to human labor and growing demand from manufacturing, service, and government, among other sectors. Additionally, most governments have implemented strict norms for employee safety.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Bathroom Exhaust Fan Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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- CAGR of 7.7 % during the review period (2022 to 2027).
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By Type
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- Flush Mount
- Surface Mount
- Others
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By Applications
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- Under 79 CFM
- 80-99 CFM
- Over 100 CFM
- Others
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By Companies
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Air King, Broan, Delta Breez, Hampton Bay, Homewerks, NuTone, Panasonic, Menards, RONA, Ferguson, Continental Fan, Canarm
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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123
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Healthcare IT Report
- Evaluate Bathroom Exhaust Fan Market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Bathroom Exhaust Fan Market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Bathroom Exhaust Fan Market is studied from 2017 - 2027.
What is the growth rate of Bathroom Exhaust Fan Market?
The Bathroom Exhaust Fan Market is growing at a CAGR of 7.7% over the next 5 years.
Who are the key players in Bathroom Exhaust Fan Market?
Air King, Broan, Delta Breez, Hampton Bay, Homewerks, NuTone, Panasonic, Menards, RONA, Ferguson, Continental Fan, Canarm
What region does this Bathroom Exhaust Fan Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Bathroom Exhaust Fan Market?
Flush Mount, Surface Mount,Others
What are the major Applications of Bathroom Exhaust Fan Market?
Under 79 CFM, 80-99 CFM, Over 100 CFM Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
