The Thermo ventilators market is segmented on the basis of type, end-user industry, and geography.
PORTLAND, OR, UNITED STATES, September 27, 2021 /EINPresswire.com/ — Thermo ventilators Market are electrical equipment that serve as a multipurpose ventilation system. Thermo ventilation is referred to a ventilator system that automatically adjusts the ventilation requirements as per the users preferences. Thermo ventilators are electrical appliances that combine the functions of automatic ventilation and air circulation.
The global thermo ventilators market was valued at from $2,332 million in 2016, and is expected to reach $3,718 million by 2023, registering a CAGR of 7.1% from 2017 to 2023.
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The demand for global thermo ventilators industry is mainly driven by its ability to automatically adjust the ventilation system as per the occupants thereby making it energy efficient and its increasing application in commercial sector. Moreover, growth in awareness about thermos ventilators among the residential sector is also expected to contribute significantly to the demand for thermos ventilators during the forecast period.
Top 10 Key Market Players
Honeywell International Inc.
Lennox International Inc.
Sauter Controls GmbH
Swegon Group AB
Key Market Segmentation
By End-User Industry
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Source: EIN Presswire