Global Mine Ventilation Equipment Sales Market Report 2021

Ventilation is among the most important functions in a mining operation. Since ventilation directly affects the health and safety of employees working underground, mine owners take the regulation of air flow through a mine very seriously. Factors that determine ventilation design include: the type of mine, its location, the regulations around how much ventilation is required (varies by jurisdiction), and the equipment being used. The latter is especially important because a mine that uses diesel equipment will require more ventilation to dilute the diesel fumes than one that uses electric vehicles.
Globally, the mine ventilation equipment industry market is low concentrated as the manufacturing technology of mine ventilation equipment is relatively matures than some high-tech equipment. And some enterprises, like Howden, Epiroc and TLT-Turbo, etc. are well-known for the wonderful performance of their mine ventilation equipment and related services. At the same time, Asia-Pacific, occupied 30.89% Revenue market share in 2017, is remarkable in the global mine ventilation equipment industry because of the lowest cost of labor and raw material. The consumption of mine ventilation equipment is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of mine ventilation equipment industry may not keep that fast. But it is surely forecasted that the market of mine ventilation equipment is still promising.

Market Analysis and Insights: Global Mine Ventilation Equipment Market
The global Mine Ventilation Equipment market was valued at US$ 273 in 2020 and will reach US$ 312.9 million by the end of 2027, growing at a CAGR of 2.3% during 2022-2027.

Global Mine Ventilation Equipment Scope and Market Size
The global Mine Ventilation Equipment market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Mine Ventilation Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Fans & Blowers
Refrigeration & Cooling Systems
Heating
Others

Segment by Application
Coal Mining
Metal Mining

The Mine Ventilation Equipment market is analysed and market size information is provided by regions (countries). Segment by Application, the Mine Ventilation Equipment market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Howden
Epiroc
TLT-Turbo
ABB
ABC Industries
Twin City Fan＆Blower
New York Blower
Zitron
ABC Ventilation Systems
Clemcorp Australia
ECE-COGEMACOUSTIC
Sibenergomash-BKZ
Hurley Ventilation
Parag Fans＆Cooling Systems
Chicago Blower
Multi-Wing
Zibo Jinhe Fan
Spendrup FAN
Specialist Mechanical Engineers
Rotary Machine Equipment
AFS
Shandong China Coal