The Australia ventilation products market revenue is expected to increase from $569.4 million in 2021 to $1,003.9 million in 2030. Moreover, it will propel at a 6.5% CAGR during the forecast period owing to the increasing commercial and residential projects, rising consciousness of the health and ecological effects of contaminated air, and cumulative preference for decentralized ventilation. Further, since the pandemic, people have become more conscious than ever of the harms of breathing contaminated air, especially since COVID-19 is an airborne disease.

 This can be attributed to the rising pollution levels due to the increasing carbon emissions, and surging cognizance of environmental sustainability. A smart building encompasses practices such as greenhouse gas emission reduction, water conservation, energy efficiency, and waste management. Therefore, with the increasing need to comply with government regulations, ventilation systems with smart controls and IoT-based mobile app monitoring are being increasingly installed.

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The requirement for ventilation systems in the residential sector will surge at a CAGR greater than 7% in 2021–2030. Inhabitants can reside in a secured and comfortable vicinity with home ventilation systems. These systems not only prevent pollutants such as carbon dioxide, smoke, and volatile chemical compounds from accumulating, but also regulate the wind flow. Moreover, to regulate indoor temperature and evacuate harmful gases, people are favouring homes with numerous ventilation fans. Additionally, they are required in areas with high humidity, such as bathrooms and kitchens.

Thus, an increasing number of commercial and residential projects, coupled with a rising preference for decentralized ventilation, will help in the development of the industry.