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8/9/2019 Industrial Market Survey
1/17
8/9/2019 Industrial Market Survey
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The Industrial Ventilation MarketThe Industrial Ventilation Market
Chemical
Manufacturing
Hi Tech
Utilities
Warehouses,
Mines,Mills
Food & BeverageAutomotive
Manufacturing
Metal & Mineral
Fabrication
Wood Processing,
Paper & Pulp
Print, Furniture,
& Textile
IndustrialVentilation
8/9/2019 Industrial Market Survey
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8/9/2019 Industrial Market Survey
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Key FindingsKey Findings
1. Industrial Ventilation Market growth between
9-12% annually.
2. Employee safety and IAQ continue to drive
the Industrial Ventilation market.
3. Service and maintenance contracts offer
substantial growth opportunities.
4. Preference for certified contractors and
union labor.
1. Industrial Ventilation Market growth between
9-12% annually.
2. Employee safety and IAQ continue to drive
the Industrial Ventilation market.
3. Service and maintenance contracts offer
substantial growth opportunities.
4. Preference for certified contractors and
union labor.
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Industrial Ventilation
Market Growth
Industrial Ventilation
Market Growth
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Estimated Industrial Ventilation
Market Size (millions $)
Estimated Industrial Ventilation
Market Size (millions $)
0
500
1,000
1,500
2,000
2,500
3,000
2008 2010 2012 2014 2016 2018
New Construction Revenue Existing Construction Revenue
0
500
1,000
1,500
2,000
2,500
3,000
2008 2010 2012 2014 2016 2018
New Construction Revenue Existing Construction Revenue
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Respondents business mix:
% Industrial Ventilation 2008 vs. 2011
Respondents business mix:
% Industrial Ventilation 2008 vs. 2011
Industrial
Ventilation
30%
IndustrialVentilation
41%
Other
70%
Other
59%
2008 2011
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Estimated Union Industrial Ventilation
Market Size Potential (millions $)
Estimated Union Industrial Ventilation
Market Size Potential (millions $)
0
100
200
300
400
500
600
700
800
900
2008 2010 2012 2014 2016 2018
New Construction Revenue Existing Construction Revenue
0
100
200
300
400
500
600
700
800
900
2008 2010 2012 2014 2016 2018
New Construction Revenue Existing Construction Revenue
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Estimated Union Industrial Ventilation
Labor Hours (000s)
Estimated Union Industrial Ventilation
Labor Hours (000s)
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
2008 2010 2012 2014 2016 2018
LaborHours
(000's)
New Construction Revenue Existing Construction Revenue
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
2008 2010 2012 2014 2016 2018
LaborHo
urs
(000's)
New Construction Revenue Existing Construction Revenue
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Key DriversKey Drivers
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Industry DriversIndustry Drivers
Indoor Air Quality (IAQ) and employee safety
Energy efficiency and sustainableconstruction
Legislation and regulatory mandates
Strong construction backlogs (power
generation, biotech, electronics, automotive)
Lack of routine maintenance and proper
installation
Indoor Air Quality (IAQ) and employee safety
Energy efficiency and sustainableconstruction
Legislation and regulatory mandates
Strong construction backlogs (power
generation, biotech, electronics, automotive)
Lack of routine maintenance and proper
installation
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Causes of Industrial Ventilation
System Failure
Causes of Industrial Ventilation
System Failure
0 1 2 3 4 5 6 7 8 9 10
Fan spe cifications
Poor construction
standards
Material & labor
workmanship
Prope r hood inst allation
Improp er system use
Ductwork size and
configuration
Filtration specifications
Inadequ ate system design
Lack of rou tine
maintenance
Owners
Providers
0 1 2 3 4 5 6 7 8 9 10
Fan spe cifications
Poor construction
standards
Mater ial & labor
workmanship
Prop er hoo d installation
Improp er system use
Ductwork size and
configuration
Filtration specifications
Inadequ ate system design
Lack of ro utine
maintenance
Owners
Providers
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Service and Maintenance
Contract Opportunity
Service and Maintenance
Contract Opportunity
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Industrial Ventilation ApplicationsIndustrial Ventilation Applications
0%
5%
10%
15%
20%
25%
30%
Chem
ical(Bi
otech)
Food
/bev
erage
Computer
/electro
nic
Metal
s/Mine
rals
Auto
motive
Petro
leum/co
alW
ood
/Textile
Plastic
/rubb
er
Pulp
/paper
Misc.
%ofTotalIndustrialWor
Today
In 3yrs
0%
5%
10%
15%
20%
25%
30%
Chem
ical(Bi
otech)
Food
/bev
erage
Compute
r/elec
tronic
Metal
s/Mine
rals
Auto
motive
Petro
leum/co
alW
ood
/Textile
Plastic
/rubb
er
Pulp
/pap
erMi
sc.
%ofTotalIndustrialWor
Today
In 3yrs
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Certification and Union
Preferences
Certification and Union
Preferences
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Preference for Certified and Union
Labor Providers
Preference for Certified and Union
Labor Providers
Not Important
7% Union
28%
Important
93%
No Preference
66%
Importance of Certified
Providers
Preference for Union or
Non-Union Labor
Non-Union
6%
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