Industrial Fans Market
Industrial Fans Market Share & Trends Analysis, By Product Type (Wall Mounted Fans, Blower Fans, Others), By End-User (Power Generation, Oil and Gas, Others) & By Region (North America, Latin America) - Global Market Insights 2021 to 2031
Analysis of Industrial Fans Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Industrial Fans Market to Witness a CAGR of Around 7%
According to latest research by Fact.MR, industrial fans market is set to witness steady growth during 2021-2031. Demand for industrial fans will witness growth in coming years, owing to increase in number of new small and large industries in developing countries.
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What is Driving Demand for Industrial Fans?
Evolving end-user demand for heavy ventilated fans, heavy machine cooling fans to avoid damage to industrial machines and other applications are driving the industrial fans demand.
The growing work related health issues like pneumoconiosis and other lung diseases which are caused due to the presence of an excessive amount of dust and other pollutants in industries are affecting the worker’s health. This has raised concerns for factory owners to protect their workers and make their factories safer.These factors support the growth of industrial fans market due to their ability to exhaust dust particles and clean the environment.
Additionally, continuously growing consumption of food and beverage products has led an increase in number of small and big food and beverage companies, as people started consuming more packed food and ready to cook food to avoid wastage of time.This has surged the demand for industrial fans in food and beverage industry.
Covid-19 Affected the Global Industrial Fans Sales
Manufacturing industries have been badly affected globally as most of the industries were put on hold to break the chain of covid 19 virus. This has impacted the market growth of industrial fans, as market of industrial fans is completely dependent on industries. Apart from this, few ongoing small and big industries projects were shut down, due to lack of investor and financial crisis.
Additionally, industrial fan manufacturing companies also faced issues in obtaining raw materials like motors, blades, capacitors and other parts, as most of these parts are manufactured in Asia Pacific countries. Industrial fans manufacturers also started looking to acquire local raw material companies to maintain the demand and supply.
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Asia Pacific Industrial Fans Market Outlook
Asia Pacific is the leading market for industrial fans globally. Asia Pacific accounts for more than 20% share of the global industrial fans market. The demand in Asia Pacific is expected to grow at a rapid pace in the forecasted period (2021 – 2031), as the number of activities is increasing in end use industry.
China dominates the market of industrial fans in Asia Pacific. The continuously growing Chinese industry due to cheap labor cost, availability of advanced technology and easy availability of labor comparing to other countries has supported the growth of Chinese market. For instance, as per the report of United Nation statistics division,China accounted for 28.7% percent of global industrial output in 2019 followed by United States and Japan.
Apart, from China, developing countries like India, Vietnam, and Thailand have seen rise in investment in industrial projects from foreign company.This has upscaled the demand for industrial fan in Asia Pacific Region. For instance, Xiaomi a Chinese mobile manufacturing company has planned to expand its manufacturing capabilities in India with two new smartphone manufacturing plants, and one dedicated entirely for its smart TV division.
The company has partnered with DBG to start a smartphone manufacturing plant in Haryana, while BYD is setting up another in Tamil Nadu and this projects will support the increasing growth of industrial fans in Asia Pacific region.
Europe Demand Outlook for Industrial Fans
Europe holds the second largest share of the industrial fans market followed by North America. With the growing bio medical industries in Europe due to covid 19 pandemic, small and medium industries have grown up to maintained the demand for medical equipment like masks, sanitizer and nebulizers, this supports the market growth of industrial fans in Europe as industrial fans plays a huge role in health product manufacturing companies.
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Who are the Key Manufacturers and Suppliers of Industrial Fans?
Some of the leading manufacturers and suppliers of industrial fans includes
- EPOCH FANS
- WujiangDeshengxin Purification Equipment Co. Ltd
- Airmaster Fans
- Pheonix Manufacturing
- Berner International
- Triangle Engineering
- National Fan Co.
- Howden American Fan Company
- Hunter Industrial
- J&D Manufacturing
- TWIN CITY FAN
- EXTIVENT ACERO INOXIDABLE Y VENTILACION
- ANJOS
- MEIERLING VENTILATOREN GMBH
- SPARTAK JSC
- SIROCCO LUFT- UND UMWELTTECHNIK GMBH
- UVENTS VENTILATION SYSTEMS
- XINXIANG SIMO BlOWER LIMITED COMPANY
- Foshan City Nanhai Popula Fan Co. Ltd
- ShangdongYuyunSanhe Mechanical Co. Ltd
- Dongguan Minxin Industrial Co. Ltd
- Xiamen Oupusi Electrical Energy Saving Co. Ltd
- ShangdongWanhe Machinery Co. Ltd
- Austar Technologies ( HVLS Fans )
- Ferrari VentilatoriIndustriali S.p.A.
Industrial Fans Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Key Segments
By product type:
- Wall Mounted Fans
- Blower Fans
- Pedestal Fans
- Others
By End User:
- Power Generation
- Oil and Gas
- Construction
- Iron and Steel
- Chemicals
- Mining
- Other Industries
By Region:
- North America
- US & Canada
- Latin America
- Brazil
- Mexico
- Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Product Type 6.2. End User 7. Global Market Analysis and Forecast, By Product Type 7.1. Wall Mounted Fans 7.2. Blower Fans 7.3. Pedestal Fans 7.4. Others 8. Global Market Analysis and Forecast, By End User 8.1. Power Generation 8.2. Oil and Gas 8.3. Construction 8.4. Iron and Steel 8.5. Chemicals 8.6. Mining 8.7. Other Industries 9. Global Market Analysis and Forecast, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. East Asia 9.6. South Asia & Pacific 9.7. MEA 10. North America Sales Analysis and Forecast, by Key Segments and Countries 11. Latin America Sales Analysis and Forecast, by Key Segments and Countries 12. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 13. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 14. East Asia Sales Analysis and Forecast, by Key Segments and Countries 15. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 16. MEA Sales Analysis and Forecast, by Key Segments and Countries 17. Sales Forecast by Product Type and End User for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. EPOCH FANS 19.2. WujiangDeshengxin Purification Equipment Co. Ltd 19.3. Airmaster Fans 19.4. Pheonix Manufacturing 19.5. Berner International 19.6. Triangle Engineering 19.7. National Fan Co. 19.8. Howden American Fan Company 19.9. Hunter Industrial 19.10. J&D Manufacturing 19.11. TWIN CITY FAN 19.12. EXTIVENT ACERO INOXIDABLE Y VENTILACION 19.13. ANJOS 19.14. MEIERLING VENTILATOREN GMBH 19.15. SPARTAK JSC 19.16. SIROCCO LUFT- UND UMWELTTECHNIK GMBH 19.17. UVENTS VENTILATION SYSTEMS 19.18. XINXIANG SIMO BlOWER LIMITED COMPANY 19.19. Foshan City Nanhai Popula Fan Co. Ltd 19.20. ShangdongYuyunSanhe Mechanical Co. Ltd
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Product Type
Table 3: Global Market US$ Mn Forecast by End User
Table 4: North America Market US$ Mn Forecast by Country
Table 5: North America Market US$ Mn Forecast by Product Type
Table 6: North America Market US$ Mn Forecast by End User
Table 7: Latin America Market US$ Mn Forecast by Country
Table 8: Latin America Market US$ Mn Forecast by Product Type
Table 9: Latin America Market US$ Mn Forecast by End User
Table 10: Western Europe Market US$ Mn Forecast by Country
Table 11: Western Europe Market US$ Mn Forecast by Product Type
Table 12: Western Europe Market US$ Mn Forecast by End User
Table 13: Eastern Europe Market US$ Mn Forecast by Country
Table 14: Eastern Europe Market US$ Mn Forecast by Product Type
Table 15: Eastern Europe Market US$ Mn Forecast by End User
Table 16: East Asia Market US$ Mn Forecast by Country
Table 17: East Asia Market US$ Mn Forecast by Product Type
Table 18: East Asia Market US$ Mn Forecast by End User
Table 19: South Asia & Pacific Market US$ Mn Forecast by Country
Table 20: South Asia & Pacific Market US$ Mn Forecast by Product Type
Table 21: South Asia & Pacific Market US$ Mn Forecast by End User
Table 22: MEA Market US$ Mn Forecast by Country
Table 23: MEA Market US$ Mn Forecast by Product Type
Table 24: MEA Market US$ Mn Forecast by End User
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 4: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 7: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 8: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 17: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 18: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 19: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 20: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 21: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Type
Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Industrial Fans Market