South America Mechanical Ventilation Systems Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Exhaust Ventilation, Supply Ventilation, Balanced Ventilation, and Energy Recovery Ventilation) and Application (Industrial, Residential, and Commercial)
Market Introduction
In South America, the metallurgy, mechanical, and chemicals & petroleum industries constitute more than one-third of the total gross national product (GNP) output. These sectors are the major end users of industrial air quality control and ventilation systems in the region. Oil accounts for a 40% share in the energy consumption in South America, which results in significant pollutant emissions. Rapidly growing industrial sector, along with the high consumption of fossil fuels, is accelerating the market for mechanical ventilation systems in South America. Prominent market players in South America have adopted internal regulations for controlling emissions. New strategies have been implemented, and several types of machinery have been updated to comply with the latest regulations.
Currently, Brazil has highest number of COVID-19 cases, followed by Argentina, Colombia, and Peru, in South America. Governments of several countries in the South America have initiated several actions to protect their citizens and contain COVID-19 spread. Brazil is home to the largest manufacturing industries among all South America countries, and it is also the only modern aircraft manufacturing country in the region. The slowdown in aerospace, manufacturing, oil & gas operations in the South America has impaired the supply chain. This has hampered the demand for several industrial components, including mechanical ventilation system. Thus, the outbreak of COVID-19 has been having a harsh impact on the South American mechanical ventilation system market.
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Market Overview and Dynamics
The mechanical ventilation systems market in South America is expected to grow from US$ 1264.18 million in 2021 to US$ 1662.61 million by 2028; it is estimated to grow at a CAGR of 4.0% from 2021 to 2028. Hybrid or mixed-mode ventilation is a combination of natural ventilation from operable windows and mechanical systems, including air distribution equipment and refrigeration equipment, for cooling. Hybrid ventilation describes schemes where the ventilation is neither entirely natural nor entirely mechanical. Buildings with natural ventilation with heat recycling (NVHR) systems incorporate efficient centrifugal fans to achieve hybrid-mixing ventilation. Modern well-designed buildings have some form of natural ventilation, mechanical ventilation with open-able windows, or separate zones with natural and mechanical ventilation working independently. The hybrid ventilation strategy is emerging as an attractive concept in terms of occupant comfort wherein natural ventilation is assisted by mechanical systems under peak heating or cooling conditions. The hybrid solution accommodates greater extremes of internal heat gains and external temperature fluctuations in comparison to a natural ventilation system. This also results in minimized energy consumption, ensuring sufficient ventilation capacity under a wide range of internal and external scenarios. Therefore, the growing demands for hybrid ventilation systems to meet the needs of the space while minimizing the cost, maintenance, and energy consumption is anticipated to boost the market growth.
Key Market Segments
In terms of type, the exhaust ventilation segment accounted for the largest share of the South America mechanical ventilation systems market in 2020. In term of application, commercial segment held a larger market share of the mechanical ventilation systems market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the mechanical ventilation systems market in South America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Vortice, BLAUBERG, Infineon Technologies AG, AERME, and Mitsubishi Electric Corporation among others.
Reasons to buy report
- To understand the South America mechanical ventilation systems market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for South America mechanical ventilation systems market
- Efficiently plan M&A and partnership deals in South America mechanical ventilation systems market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form South America mechanical ventilation systems market
- Obtain market revenue forecast for market by various segments from 2021-2028 in South America region.
South America Mechanical Ventilation Systems Market Segmentation
South America Mechanical Ventilation Systems Market – By Type
- Exhaust Ventilation
- Supply Ventilation
- Balanced Ventilation
- Energy Recovery Ventilation
South America Mechanical Ventilation Systems Market – By Application
- Industrial
- Residential
- Commercial
South America Mechanical Ventilation Systems Market – By Country
- Brazil
- Argentina
- Rest of SAM
South America Mechanical Ventilation Systems Market – Companies Mentioned
- Vortice
- BLAUBERG
- Infineon Technologies AG
- AERMEC
- Mitsubishi Electric Corporation
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South America Mechanical Ventilation Systems – Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. South America Mechanical Ventilation Systems Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Up-scaling Need for Energy-Efficient Ventilation Systems in Residential and Commercial Sectors
5.2 Market Restraints
5.2.1 Huge Initial Upfront Cost
5.3 Market Opportunities
5.3.1 Surging Innovations in Cost-Effective Energy Recovery Ventilators (ERV)
5.4 Future Trends
5.4.1 Raising Inclination Towards Hybrid or Mixed Mode Ventilation
5.5 Impact Analysis of Drivers and Restraints
6. South America Mechanical Ventilation Systems – Market Analysis
6.1 South America Mechanical Ventilation Systems Market Overview
6.2 South America Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)
7. South America Mechanical Ventilation Systems Market Analysis – By Type
7.1 Overview
7.2 South America Mechanical Ventilation Systems Market – by Type
7.3 Exhaust Ventilation
7.3.1 Overview
7.3.2 Exhaust Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)
7.4 Supply Ventilation
7.4.1 Overview
7.4.2 Supply Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)
7.5 Balanced Ventilation
7.5.1 Overview
7.5.2 Balanced Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)
7.6 Energy Recovery Ventilation
7.6.1 Overview
7.6.2 Energy Recovery Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)
8. South America Mechanical Ventilation Systems Market Analysis – By Application
8.1 Overview
8.2 South America Mechanical Ventilation Systems Market- By Application
8.3 Industrial
8.3.1 Overview
8.3.2 Industrial: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)
8.4 Residential
8.4.1 Overview
8.4.2 Residential: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)
8.5 Commercial
8.5.1 Overview
8.5.2 Commercial: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)
9. South America Mechanical Ventilation Systems Market – Country Analysis
9.1 Overview
9.1.1 South America Mechanical Ventilation Systems Market- by Key Country
9.1.1.1 Brazil: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Brazil: Mechanical Ventilation Systems Market- by Type
9.1.1.1.2 Brazil: Mechanical Ventilation Systems Market- By Application
9.1.1.2 Argentina: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Argentina: Mechanical Ventilation Systems Market- by Type
9.1.1.2.2 Argentina: Mechanical Ventilation Systems Market- By Application
9.1.1.3 Rest of SAM: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Rest of SAM: Mechanical Ventilation Systems Market- by Type
9.1.1.3.2 Rest of SAM: Mechanical Ventilation Systems Market- By Application
10. Impact of COVID-19 Pandemic on South America Mechanical Ventilation Systems Market
10.1 Overview
11. South America Mechanical Ventilation System Market-Industry Landscape
11.1 Overview
11.1 Market Initiative
11.2 New Product Development
12. Company Profiles
12.1 Mitsubishi Electric Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Vortice
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 BLAUBERG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Infineon Technologies AG (Ventilation System Technology Provider)
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 AERMEC
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. South America Mechanical Ventilation Systems Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. Brazil: Mechanical Ventilation Systems Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: Mechanical Ventilation Systems Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 4. Argentina: Mechanical Ventilation Systems Market- by Type –Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina: Mechanical Ventilation Systems Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 6. Rest of SAM: Mechanical Ventilation Systems Market- by Type–Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of SAM: Mechanical Ventilation Systems Market- By Application –Revenue and Forecast to 2028 (US$ Million)
Table 8. List of Abbreviation
LIST OF FIGURES
Figure 1. South America Mechanical Ventilation Systems Market Segmentation
Figure 2. South America Mechanical Ventilation Systems Market Segmentation – By Country
Figure 3. South America Mechanical Ventilation Systems Market Overview
Figure 4. Exhaust Mechanical Ventilation Systems Segment Held the Largest Market Share in 2020
Figure 5. Commercial Segment Held the Largest Market Share in 2020
Figure 6. Brazil was the Largest Revenue Contributor in 2020
Figure 7. PEST Analysis – South America
Figure 8. Mechanical Ventilation Systems Market– Ecosystem Analysis
Figure 9. Expert Opinions
Figure 10. South America Mechanical Ventilation System Market: Impact Analysis of Drivers and Restraints
Figure 11. South America Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. South America Mechanical Ventilation Systems Market Revenue Share, By Type (2020 and 2028)
Figure 13. Exhaust Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Supply Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Balanced Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Energy Recovery Ventilation: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. South America Mechanical Ventilation Systems Market Revenue Share, By Application (2020 and 2028)
Figure 18. Industrial: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Residential: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Commercial: Mechanical Ventilation Systems Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Geographic Overview: South America Mechanical Ventilation Systems Market
Figure 22. South America Mechanical Ventilation Systems Market Revenue Share, By Key Country (2020 and 2028)
Figure 23. Brazil: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Argentina: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Rest of SAM: Mechanical Ventilation Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Impact of COVID-19 Pandemic in South America Country Markets
- Vortice
- BLAUBERG
- Infineon Technologies AG
- AERMEC
- Mitsubishi Electric Corporation
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