Household Ventilation Electrical Appliance Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
- Transparency Market Research
Excessive moisture, elevated level of humidity and gases from burning appliances such as stoves and fireplaces can lead to a poorly ventilated home and intimidate health and safety of the living beings. High level of humidity in houses can lead to the damaged cooling equipment (like air conditioner) that can accelerate the energy bills. Excessive moisture can ruin insulation, mold growth and damage the structure of the house. Ventilation system in a house is a very important phase that can be completed after the construction phase of a house. There are many ways to prevent house from excessive moisture, harmful gases and high humidity level such as ductwork, exhaust fans, dehumidifier, CO detectors and other appliances. Carbon monoxide gas is produced as a byproduct of the burning of propane, natural gas and wood. CO detectors are used with the fuel burning appliances that give alarm if carbon monoxide level reaches to potentially dangerous level. Additionally, moisture flowing across a colder surface gets condensed and can transform further into liquid form. This can damage the wooden furniture in the houses similarly it can lead to wood rot inside the wall.
Some of the key segments of the household ventilation electric appliances market constitute the installation methods such as spot ventilation and whole-house ventilation. In the spot ventilation system, localized exhaust fans are installed and it offers control of the air movement. Spot ventilation assists in eliminating pollutants and moisture at the source. Spot ventilation can be used to enhance the effectiveness of the natural ventilation. It commonly includes bathroom exhaust fans and range hood over stoves. In whole-house ventilation systems, more than one exhaust fans and duct systems are installed to supply fresh air in the replacement of exhaust stale air. It offers the uniform ventilation throughout the house and regulates excessive moisture content. The whole-house ventilation system can be further segmented into three sub-segments such as exhaust-only, supply-only and balanced system. Balance system includes both exhaust and fresh air intake systems.
China and Japan are some of the major countries that manufacture the household ventilation electric systems. As China is boosting its domestic needs the innovation in the design of ventilation system is also growing simultaneously. In Asia Pacific China, India and Japan are few countries that are growing in population every year that is one of the major aspects for the growth of household ventilation electric appliances market in this region. In North America, the U.S. and Canada have chiefly focused onto kitchen ventilation electric appliances rather than any other segments like bathroom and bedrooms ventilation electric appliances market. Europe is a prospective market sector albeit growing at a moderate rate.
Increasing population and stringent government regulations are some of the major growth factors bolstering global household ventilation electric appliances market growth. The initial high installation cost can be one of the main restraints for this market. However, the installation of electric ventilation systems can lead to the safety of the health of people and the protection of other appliances and structure of house. The growth of construction industry can foster the development of this market worldwide.
Some of the major suppliers of domestic ventilation electric appliances are Plunket Electric, Glen Dimplex, General Electric Company, Haier Inc., Mitsubishi Electric Corporation, Arise India Limited, Polypipe Ventilation and Omen Electric and Gas Appliances Private Limited.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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