Global Thermo Ventilators Market was valued US$ 2.4 Bn in 2017 and is expected to reach US$ 4.2 Bn by 2026, at a CAGR of 7.25 % during a forecast period.
Thermo ventilators are electrical equipment that serves as a multipurpose ventilation system. Thermo ventilators are electrical appliances that merge the functions of automatic ventilation and air circulation.
Increasing awareness about thermos ventilators among the residential sector is expected to contribute significantly to the demand for thermo ventilators during the forecast period. Thermo ventilators provide automatic adjustment of the ventilation system as per the occupant’s requirement. Thermo ventilators market is booming owing to its feature like energy efficient and increasing demand in commercial sector. Furthermore, the initial investment of thermo ventilators is expected to pose a major challenge for the global market growth.
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