North American Market Forecast
North America is expected to account for 45% share of the global ventilation grills market by 2037. The growth of the construction industry, the increasing adoption of HVAC systems, and the rising trend of energy-efficient buildings are some of the factors driving the demand for the market in the North America region. As per our analysis, the region’s HVAC garnered a market valuation of USD 43.67 billion in 2022. Furthermore, the region has witnessed a notable increase in industrial automation activities, which has also contributed to the industry growth.
European Market Statistics
Europe ventilation grills market is expected to record significant revenue during the forecast period owing to the low cost of bariatric surgery and the rise in the number of diabetes people. Further, country-wise, Germany would provide for significant market opportunities. Also, the region is growing in accordance with the presence of significant market players in the region.
Author Credits: Richa Gupta
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