What is the current market size and future outlook for the attic and exhaust fans market?
The attic and exhaust fans market size has grown strongly in recent years. It will grow from $10.03 billion in 2024 to $10.81 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to energy efficiency concerns, climate change awareness, building regulations, home renovation trends.
The attic and exhaust fans market size is expected to see strong growth in the next few years. It will grow to $14.4 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to increasing temperatures, energy efficiency standards, smart home integration, green building practices, urbanization and population growth, renovation and retrofitting, health and indoor air quality. Major trends in the forecast period include improved ventilation technology, quiet operation, sustainable materials and manufacturing, solar-powered fans.
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How has the attic and exhaust fans market evolved, and what factors have shaped its growth?
The growing construction industry is expected to propel the growth of the attic and exhaust fans market going forward. The construction industry is a sector of the economy that involves planning, designing, constructing, maintaining, and repairing buildings, infrastructure, and industrial facilities. Attic ventilation fans can help to lower attic temperatures and remove excess moisture, which can help to reduce air-conditioning energy costs, optimize the service life of a roof covering, and minimize ice damming. For instance, according to the United States Census Bureau, a US-based government agency, in August 2023, the United States construction industry experienced an estimated seasonally adjusted annual rate of $1,983.5 billion in spending, which is 0.5% above the revised July estimate of $1,973.7 billion. The August figure is 7.4% above the August 2022 estimate of $1,847.3 billion. Thus, the growing construction industry is driving the growth of the attic and exhaust fans market.
What are the major segments of the attic and exhaust fans market?
The attic and exhaust fans market covered in this report is segmented –
1) By Type: Attic Fans, Exhaust Fans
2) By Material: Metal, Plastic
3) By Application: Industrial, Commercial, Residential
Subsegments:
1) By Attic Fans: Solar Attic Fans, Electric Attic Fans, Roof Mount Attic Fans, Gable Mount Attic Fans
2) By Exhaust Fans: Wall-Mounted Exhaust Fans, Ceiling-Mounted Exhaust Fans, Inline Exhaust Fans, Bathroom Exhaust Fans, Kitchen Exhaust Fans
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Which companies dominate the attic and exhaust fans market?
Major companies operating in the attic and exhaust fans market include Greenhack, Systemair, Twin City Fan, Howden, Soler & Palau, Attic Breeze LLC, Industrial Fans Direct, Daltec Fans, Atmox Inc., Wayne’s Solar Inc., Johnson Controls, Nanfang Ventilator, Munters, Polypipe Ventilation, Greenwood Airvac
How will evolving trends contribute to the growth of the attic and exhaust fans market?
Major companies operating in the attic and exhaust fan market are developing innovative products such as, solar power attic fan to improve customer satisfaction and loyalty. A solar power attic fan is a type of attic fan that is powered by solar energy. It is designed to help regulate the temperature in the attic by removing hot air and moisture. For instance, in November 2022, Solar Royal LLC, a US-based solar energy equipment manufacturer, launched SR1800. The SR1800 is a premium solar-powered ventilation/attic fan that uses solar power to operate and offers the latest innovations in attic ventilation solutions. It is designed to reduce temperatures inside enclosed spaces throughout the year, like attic spaces, crawl spaces, warehouses, storage areas, sheds, barns, and commercial buildings. The solar-powered attic fan helps make all these areas more comfortable by converting passive ventilation to active, reducing HVAC costs and cooling cycles, which also saves energy and money.
What are the key regional dynamics of the attic and exhaust fans market, and which region leads in market share?
Asia-Pacific was the largest region in the attic and exhaust fans market in 2023. Western Europe was the second largest region in the attic and exhaust fans market. The regions covered in the attic and exhaust fans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Attic And Exhaust fans Market Report 2025 Offer?
The attic and exhaust fans market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
The attic and exhaust fans refer to a device that 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.
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