ID: MRFR/CO/6882-HCR | 100 Pages | Published By Varsha More on March 2023
The global Ventilation Grill Market is been calculated with the value of 187.4 million USD in 2020 and it is also expected to reach the value of the USD 198.3 million by the end of the year 2026.Â
Ventilation is been provided in the building to improve the air quality and control the room temperature. So to maintain all these comforts proper ventilation is been provided in the construction. Due to the increase in the temperature because of global warming people are in need to use the ventilation grill while they are constructing a building.
Even in the construction of the buildings like the corporate office, hotels, educational institutions they are also planning to fix the ventilation grill, this also boosts the growth of the Ventilation Grill Market Share.
COVID Analysis
The spread of the pandemic across the world in the year 2020, has brought drastic changes in the Ventilation Grill Market Value. Due to the increase in the demand for the Market, there is a need for the raw materials supply. But after the spread of the pandemic, there was a lack of raw materials due to the shutdown of the import and export products. Which led the industry to face the loss due to the lack of manufacturing products. There was also some other interruption in the market like there were unavailability of the transport, skilled labours. So due to this, there was a great interruption in the supply chain.
It is believed that the growth of the Ventilation Grill Market Size will be regained after the reduction of the negative cases in the pandemic.Â
Market Dynamics
The Ventilation Grill Market are used in buildings to cover the space which is left for the ventilation space. These are also used in the flats, houses, bungalows and even in the basement of the residential areas. It is also used in non-residential construction like the office, schools, IT sectors, hospitals etc.
Due to the rapid urbanisation, there is the need to construct housing buildings in many countries, so they are also boosting the growth of the Market. The need for ventilation in many buildings is also boosting the growth of the Ventilation Grill Market. Â
The increase in the temperature of the earth day by day so the construction companies are placing the ventilation space while constructing the building. Which in turn increases the growth of the Ventilation Grill Market. Also, the growth of construction in many countries like India, China and Japan are boosting the growth opportunity for the Market. Rather than this, the rapid urbanisation is also increasing the growth of ventilation grill products.
The usage of the ventilation grill provides fresh air and also reduces indoor pollution. These are also used in various industries like food processing, pharmaceuticals and even in the chemical factories to get good airflow. Â
The main restraining factor which hinders the Ventilation Grill Market Growth is the lack of knowledge about the usage of the ventilation grill. Once the awareness is spread among the people it is possible to get the proper knowledge in using the ventilation grill. Though there are many grill materials available people are preferring plastic which can increase pollution while manufacturing the plastic. This is not been approved by many governments as this may harm the environment. As this can hinder the growth of the other metal works in the market.
The main challenge which is faced by the manufacturing companies in the Ventilation Grill Market is the lack of raw materials because of the spread of the pandemic. There is also a great demand due to the increase in the construction sectors all over the world. but the spread of the pandemic across the world also created the demand for raw materials. this has caused a rapid increase in the cost of the raw materials. So to provide the products at a low cost the manufacturing companies are working hard.
Cumulative growth analysis
The overall growth Ventilation Grill Market Analysis is stable because of the air ventilation in the buildings. Even these ventilation grill products are also used in the industries like food processing, pharmaceutical and chemical manufacturing companies as this can improve the flow of the air into the industries.
So by installing this ventilation grill in the buildings you can get the proper airflow. This makes a positive impact on the growth of the Market.
Value chain analysis
The low cost and easy maintenance and easy installation are increasing the growth factor for the usage of the Ventilation Grill Market. Though there is the growth analysis in the Market there is also some hindrance which brings the crisis to the market. They are high-cost effectiveness to the raw materials because it undergoes many processes. So this makes the manufacturer get to face the challenge to provide the products at an affordable cost. Then the lack of skilled labours for both manufacturing and installation is a major hindrance that negatively impacts the growth of the Market.
Segmentation: Global Ventilation Grill Market Â
Market segment overview
By end-users
By distribution channel
By region
North America – US, Canada
Latin America – Mexico, Brazil, Peru, Chile and Others
Western Europe – Germany, UK, France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg
Eastern Europe – Poland, Russia
Asia Pacific – India, Japan, China, ASEAN, Australia, New Zealand
The Middle East and Africa – GCC, Southern Africa, North Africa
Competitive landscape
The overall growth of the Ventilation Grill Market Outlook is getting the gradual growth in recent days. This is because of the hard work of the key players. Due to the spread of the pandemic, there is a great demand for the products but due to the inadequate raw materials because of the lack of transportation. The demand has created a gradual growth in the Ventilation Grill Market. Also, the key players using the new strategies and the because of the rapid increase in the demand the key players are launching the new products which also increases the quality of the products.
Regional analysis
The Ventilation Grill Market Trends is been followed in many regions like North America, Europe, the Asia Pacific region and the Middle East and Africa.
In North America, the growth of the construction sector is increasing because of the development of green buildings. Many countries in North America are getting the awareness in using eco-friendly products like wood, so this is also increasing the growth of the Market. North America is holdings the largest share in the Market.
The Asia Pacific region is getting the growth in the forecasting period, because of the rapid growth in the non-residential building growth, like the schools, colleges, IT sectors and the growth of the hospitals and the pharmaceutical company are also boosting the growth of the Ventilation Grill Market.
Other regions like Europe and the Middle East and Africa are believed to get the gradual growth in the forecasting period along with the Asia Pacific region.
Key players
These are the key players who are working hard to get the gradual growth in the recent days in the Market.
Recent developments
The recent developments in the Ventilation Grill Market are because of the new launch of the products. After the pandemic, the key players are working hard to compensate for the demand for need in the market. Also due to the increase in the demand for the products the key players are in need to merge with the other players in the market. They are also expecting the investors to provide good financial support for the key players.
Market overview
Report Attribute/Metric | Details |
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Market Size |
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CAGR | 4% CAGR (2022-2030) |
Base Year | 2021 |
Forecast Period |  2022 to 2030 |
Historical Data | 2019Â &Â 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | by Technology, by Application, by Material |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Trox GmbH (Germany), Systemair AB (Sweden), Imeksan HVAC (Turkey), Roccheggiani SpA (Italy), Aldes Aeraulique S.A., (France), Brookfield, WI (US), Rf-Technologies NV/SA (Belgium), Vents (Ukraine), GDL Air Systems Limited (UK), TANGRA AV Ltd (Bulgaria), Gavo B.V. (the Netherlands), Allvent (Australia), Kemtron (UK), and Waterloo Air Products Plc. (UK) |
Key Market Opportunities |
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Key Market Drivers |
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Global ventilation grill market is also expected to reach the value of the USD 198.3 million by the end of the year 2026.
North America holds the largest share in the global ventilation grill market, followed by Europe and the Asia Pacific, respectively.
Trox GmbH (Germany), TANGRA AV Ltd (Bulgaria),Systemair AB (Sweden), GDL Air Systems Limited (UK), Imeksan HVAC (Turkey), Rf-Technologies NV/SA (Belgium), Gavo B.V. (Netherlands), Allvent (Australia), Vents (Ukraine), Kemtron (UK), Brookfield, WI (US), Roccheggiani SpA (Italy), Aldes Aeraulique S.A., (France), and Waterloo Air Products Plc. (UK), are some of the top players operating in the global ventilation grill market.
Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global ventilation grill market adopt to gain a larger competitive advantage.