Smart Vent Market Report: Trends, Forecast and Competitive Analysis to 2030

Smart Vent Trends and Forecast

The future of the global smart vent market looks promising with opportunities in the commercial and residential markets. The global smart vent market is expected to reach an estimated $12.3 billion by 2030 with a CAGR of 13.4% from 2024 to 2030. The major drivers for this market are rising demand for energy efficiency HVAC solutions and growing number of smart homes.

A more than 150-page report is developed to help in your business decisions.

Smart Vent by Segment

The study includes a forecast for the global smart vent by installation, application, and region.

Smart Vent Market by Installation [Shipment Analysis by Value from 2018 to 2030]:

• Ceiling
• Floor
• Wall

Smart Vent Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Commercial
• Residential

Smart Vent Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Smart Vent Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart vent companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart vent companies profiled in this report include-

• IPS Roofing Products
• Ecovent Systems
• DCI Products
• Enerbee
• CSR Electrical
• Flair
• Keen Home
• Nest Labs
• Rowan Dron Electrical
• San Mao Technology

Smart Vent Market Insights

Lucintel forecasts that ceiling is expected to witness highest growth over the forecast period due to its improved airflow management and temperature controlling features.

North America is expected to witness highest growth over the forecast period.

Features of the Global Smart Vent Market

Market Size Estimates: Smart vent market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Smart vent market size by installation, application, and region in terms of value ($B).

Regional Analysis: Smart vent market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different installations, applications, and regions for the smart vent market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart vent market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the smart vent market size?

Answer: The global smart vent market is expected to reach an estimated $12.3 billion by 2030.

Q.2 What is the growth forecast for smart vent market?

Answer: The global smart vent market is expected to grow with a CAGR of 13.4% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the smart vent market?

Answer: The major drivers for this market are rising demand for energy efficiency HVAC solutions and growing number of smart homes.

Q4. What are the major segments for smart vent market?

Answer: The future of the smart vent market looks promising with opportunities in the commercial and residential markets.

Q5. Who are the key smart vent market companies?

Answer: Some of the key smart vent companies are as follows:

• IPS Roofing Products
• Ecovent Systems
• DCI Products
• Enerbee
• CSR Electrical
• Flair
• Keen Home
• Nest Labs
• Rowan Dron Electrical
• San Mao Technology

Q6. Which smart vent market segment will be the largest in future?

Answer: Lucintel forecasts that ceiling is expected to witness highest growth over the forecast period due to its improved airflow management and temperature controlling features.

Q7. In smart vent market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the smart vent market by installation (ceiling, floor, and wall), application (commercial and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?