Mine Ventilation Market Size Worth USD 475.2 Million by 2028 – Reports and Data

Rising need to optimize and maintain quality of airflow in mines is a key factor driving market revenue growth

NEW YORK, NY, UNITED STATES, November 11, 2021 /EINPresswire.com/ -- The global mine ventilation market size is expected to reach USD 475.2 Million in 2028 and register a CAGR of 3.8% over the forecast period, according to the latest report by Reports and Data. Increasing awareness regarding safety & health of workers present in mines, rising need to optimize & maintain quality of airflow in mines, surging demand for metals, and increasing number of infrastructure development projects are major factors driving market revenue growth.

Mine ventilation is a process of supplying fresh air to underground areas to remove and dilute toxic gases & dust. Airflow in underground mines ensures a healthy working environment and increased productivity. Through-flow systems, homotropal, antitropial ventilation systems, and ascensional & descensional ventilation systems are some major types of mine ventilation systems. Regulators and ventilation fans are used to control the airflow, while through-flow allows air to enter from surface through shafts or ventilation raise. Air within the mine is circulated through internal ventilation.

There are usually two types of ventilation techniques such as underground and surface ventilation. Underground segment accounted for the largest revenue share of global mine ventilation market in 2020. Increasing number of underground mining activities and rising demand for underground minerals and ores are expected to drive growth of this segment in the near future.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/4670

Companies profiled in the global market report include Epiroc, Philips Healthcare, Howden, Stantec, Twin City Fan, ABC Industries, Chicago Blowers, DMT, TLT Turbo, and New York Blower Company.

Some Key Highlights From the Report:

• In May 2021, Howden re-entered secondary ventilation market of Australia by launching Jetstream AX secondary fans, its latest product providing high durability, smarts, and energy efficiency to help future-proof underground mines. These fans have a flexible modular design, range from 762-1,600 mm in diameter, has flow rates from 6.5-108 cu.m/sec, possess an anti-stall chamber for continued safe operation, and adjustable pitch aerofoil blades for maximizing operational envelope.
• Equipment segment is expected to register a faster revenue CAGR over the forecast period. High demand for ventilation equipment such as fans, heaters, and coolers, as well as rising concerns regarding miners’ safety are factors expected to drive growth of this segment in the forthcoming years.
• North America is expected to register significantly fast revenue growth over the forecast period. Increasing number of mining projects and rising concerns about health & safety of workers are major factors driving revenue growth of the market in this region.

Market Overview:

Power and energy industry comprises of key companies operating in fuel, petroleum, natural gas, and nuclear power markets. Constant production of energy and power is imperative for country’s economic growth. It also covers exploration and production of oil and gas reserves, oil and gas drilling, and refining industries. Power and energy sector is one of the most diversified sector across the globe. Rapid industrialization and urbanization has increased the dependency on power and energy and industries today consume large amounts of fuel making energy industry a crucial element of today’s industrial infrastructure.

Browse Complete Report “Mine Ventilation Market” @ https://www.reportsanddata.com/report-detail/mine-ventilation-market

The report sheds special focus on the factors that propel the growth of the industry. For better understanding, the report segments the Mine Ventilation market into key divisions such as types, applications, end-use, technology, region, and others. These segments are extensively analyzed to offer better forecast for the global and regional market and key factors influencing their growth are also covered in the report.

For the purpose of this report, Reports and Data has segmented the global mine ventilation market based on offering, technique, and region:

Offering Outlook (Revenue, USD Million; 2018-2028)

• Software
• Equipment
• Ventilation
• Cooling
• Heating
• Services

Technique Outlook (Revenue, USD Million; 2018-2028)

• Underground
• Surface

Regional Analysis Covers:

North America (U.S.A., Canada, Mexico)

Europe (U.K., Italy, Germany, France, Rest of Europe)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Request Customization of the report @ https://www.reportsanddata.com/request-customization-form/4670

Thank you for reading our report. Customization of the report is available according to the requirements of the clients. Kindly get in touch with us to know more about the report and our team will ensure the report is tailored according to your needs. 

Browse Our Related Reports:

Jet Fuel Oil Market Demand - https://www.reportsanddata.com/report-detail/jet-fuel-oil-market

Flywheel Energy Storage Market Size – https://www.reportsanddata.com/report-detail/flywheel-energy-storage-market

Lead Battery Recycling Market Share - https://www.reportsanddata.com/report-detail/lead-battery-recycling-market

Steam Boiler Systems Market Growth - https://www.reportsanddata.com/report-detail/steam-boiler-systems-market

Solar Generator Market Analysis - https://www.reportsanddata.com/report-detail/solar-generator-market

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

Tushar Rajput
Reports and Data
+ 12127101370
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn