Global Fan And Blowers Market Overview
Introduction:
Fan and Blowers Market was valued at US$ 8.4 Billion in 2024 and is projected to grow at a CAGR of 5.50% to reach US$ 14.4 Billion by 2034.
Fans and blowers deliver air for ventilation and industrial process requirements. Fans make a pressure to move air or gases against a resistance caused by ducts, dampers, or other components in a fan system. The fan rotor takes energy from a revolving shaft and transmits it to the air. They are widely used in various industries. Because these devices are relatively suitable for complex processes and have become vital for some specific applications. Fans and blowers are generally used for processes such as Gas Compression, Water Treatment Aeration, Air Ventilation, Material Handling, Air Drying etc.
Drivers and Restraints:
Increasing data centres and growing demand for cooling systems from the data centre is a major factor driving the growth for the target market. This is attribute increasing internet traffic, rise in mobile internet user such trends are driving exponential growth in demand for data centre this result drives the demand for classy cooling systems to maintain the temperature in these facilities Such factor propels the growth for the target market. For instance, According to IEA org Global internet traffic has tripled since 2015, and it is expected to double by 2022 to 4.2 zettabytes per year. Also, the number of mobile internet users is expected to increase from 3.6 billion in 2018 to 5 billion by 2025. Additionally rising power consumption, due to augmented population, is driving the incorporation of power generation units such as nuclear power plants, hydropower plants, coal, and thermal power plants. All of this requires industrial fans and blowers to supply air for combustion, supply fuel to burners, and circulate gases for better heat transfer such factor drives growth for the target market. For instance according to IAE Org global energy demand increase by 2.3% in 2018, its fastest pace in the last decade.
Segmentation:
Fan and Blowers market is segmented based on Technology, Deployment, and region.
By technology, the Fan and Blowers market is classified into centrifugal, and axial. By deployment, the Fan and Blowers market is classified into industrial, (power generation, oil & gas, construction, iron & steel, chemicals, mining, and others), and commercial. By deployment, the power generation sector is expected to dominate the target market. Owing to rising energy consumption. Fans and blowers are mainly used in the power industry for cooling and exhaustion purpose, aeration in the power plant, air pollution control, to continue the stable flow of the air during the power generation process and to maintain required temperature and pressure.
By region, Asia Pacific is expected to dominate the target market. Owing to the growth of refinery and petrochemical business, the country is expected to witness an increase in the demand for fans and blowers, during the forecast period. For instance, The Asia-Pacific region has been a significant contributor to the world’s oil refining capacity accounted for around 34.7% to the total world’s oil refining capacity 2018.
Key Players:
The key players operating the Fan and Blowers market includes Acme Engineering & Manufacturing Corp, Airmaster Fan Company Inc., Continental Blower LLC, CG Power and Industrial Solutions Limited, DongKun Industrial Co. Ltd, Flakt Woods Group SA, Gardner Denver Inc., Greenheck Fan Corp., Howden Group Ltd, and Loren Cook Company. The key players in the market are focusing on business expansion. For example on JAN 7, 2020 Fans & Blowers are constantly looking at ways to grow their business, selling directly into Europe for several decades and have built up a large customer base. A focus for 2020 is to grow that European customer base.
Detailed Segmentation:
Fan and Blowers Market, Technology:
- Centrifugal
- Axial
Fan and Blowers Market, Deployment:
- Industrial
- Power Generation
- Oil & Gas
- Construction
- Iron & Steel
- Chemicals
- Mining
- Others
- Commercial
Fan and Blowers Market, By Region:
- North America
- Middle East & Africa
- Middle East & Africa Fan and Blowers Market, Technology
- Middle East & Africa Fan and Blowers Market, Deployment
- Middle East & Africa Fan and Blowers Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Latin America Fan and Blowers Market, Technology
- Latin America Fan and Blowers Market, Deployment
- Latin America Fan and Blowers Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Asia Pacific
- Asia Pacific Fan and Blowers Market, Technology
- Asia Pacific Fan and Blowers Market, Deployment
- Asia Pacific Fan and Blowers Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Europe
- Europe Fan and Blowers Market, Technology
- Europe Fan and Blowers Market, Deployment
- Europe Fan and Blowers Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- North America Fan and Blowers Market, Technology
- North America Fan and Blowers Market, Deployment
- North America Fan and Blowers Market, By Country
- U.S.
- Canada
- Middle East & Africa
Company Profile:
- Acme Engineering & Manufacturing Corp
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Airmaster Fan Company Inc.
- Continental Blower LLC
- CG Power and Industrial Solutions Limited
- DongKun Industrial Co. Ltd
- Flakt Woods Group SA
- Gardner Denver Inc.
- Greenheck Fan Corp.
- Howden Group Ltd
- Loren Cook Company
“*” marked represents similar segmentation in other categories in the respective section
Global Fan And Blowers Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Industry Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for Fan and Blowers Strategies
- Key Questions this Study will Answer
- Market Snippet, By Technology
- Market Snippet, Deployment
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Technology, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Centrifugal
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Axial
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Market Segmentation, Deployment, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Industrial
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Commercial
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Global Market, By Region, 2024 – 2034, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024 – 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Technology, 2024 – 2034
- Market Size and Forecast (US$ Bn), Deployment, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Technology, 2024 – 2034
- Market Size and Forecast (US$ Bn), Deployment, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Technology, 2024 – 2034
- Market Size and Forecast (US$ Bn), Deployment, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Technology, 2024 – 2034
- Market Size and Forecast (US$ Bn), Deployment, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Technology, 2024 – 2034
- Market Size and Forecast (US$ Bn), Deployment, 2024 – 2034
- Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Acme Engineering & Manufacturing Corp
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Airmaster Fan Company Inc.
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Continental Blower LLC
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- CG Power and Industrial Solutions Limited
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- DongKun Industrial Co. Ltd
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Flakt Woods Group SA
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Gardner Denver Inc.
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Greenheck Fan Corp.
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Howden Group Ltd
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Loren Cook Company
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Fan and Blowers Market is segmented into Technology, Deployment, and region.
Market growth is propelled by increasing demand for HVAC systems, advancements in energy-efficient fan and blower technologies, and expanding applications in various industries such as manufacturing, automotive, and construction.
Challenges include potential issues related to noise pollution, regulatory standards for energy efficiency, and the economic impact on the construction and industrial sectors, influencing the global Fan and Blowers Market.
Asia-Pacific is expected to dominate the market, driven by rapid industrialization, infrastructure development, and the increasing adoption of ventilation systems in the region. The growing demand for HVAC solutions in countries like China and India contributes to Asia-Pacific's leading position in the global Fan and Blowers Market.
The key players operating the target market includes, Acme Engineering & Manufacturing Corp, Airmaster Fan Company Inc., Continental Blower LLC, CG Power and Industrial Solutions Limited, DongKun Industrial Co. Ltd, Flakt Woods Group SA, Gardner Denver Inc., Greenheck Fan Corp., Howden Group Ltd, and Loren Cook Company.