Global Industrial and Commercial Fans and Blowers Market to Reach $14.9 Billion by 2030
The global market for Industrial and Commercial Fans and Blowers estimated at US$8.7 Billion in the year 2022, is projected to reach a revised size of US$14.9 Billion by 2030, growing at a CAGR of 6.9% over the analysis period 2022-2030.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 10.7% CAGR
The Industrial and Commercial Fans and Blowers market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2030 trailing a CAGR of 10.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 5.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.Select Competitors (Total 119 Featured) -
- Acme Engineering & Manufacturing Corporation
- Air System Components, Inc.
- Airmaster Fan Company, Inc.
- CECO Environmental
- Continental Blower, LLC
- DongKun Industrial Co., Ltd.
- FläktGroup
- Gardner Denver, Inc.
- Greenheck Fan Corporation
- Howden Group Ltd.
- Loren Cook Company
- Robinson Fans, Inc
- The New York Blower Company
- Tuthill Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- A Curtain Raiser
- Recent Market Activity
- Impact of GDP Growth on the Market
- Steady Global Economy Bodes Well for the Market
- Manufacturing PMI - An Important Bellwether
- China Remains an Important Market
- Outlook
- Industrial and Commercial Fans and Blowers - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
- Acme Engineering & Manufacturing Corporation (USA)
- Air System Components, Inc. (USA)
- Airmaster Fan Company, Inc. (USA)
- Continental Blower, LLC (USA)
- CECO Environmental (USA)
- DongKun Industrial Co., Ltd. (South Korea)
- ebm-papst Group (Germany)
- FläktGroup (Germany)
- Gardner Denver, Inc. (USA)
- Greenheck Fan Corporation (USA)
- Howden Group Ltd. (UK)
- Loren Cook Company (USA)
- Robinson Fans, Inc (USA)
- The New York Blower Company (USA)
- Tuthill Corporation (USA)
3. MARKET TRENDS & DRIVERS
- Increasing Renewal Energy Capacity to Drive Market
- Explosion of Data Centers to Drive the Need for Cooling Systems
- Developing Regions - Primary Growth Markets
- Weakening China: Still a Dominant Market for Industrial & Commercial Fans & Blowers
- Rising Environmental Concerns and Stringent Environmental Regulations - Key Rationale for Fans & Blower Installations in Industries & Commercial Establishments
- Volatile Oil Prices Affect Market
- Improved CapEx Prospects in Oil & Gas Sector to Benefit Demand
- Oil Price Shock Echoes Downstream into the Oil Refining & Processing End-Use Sector, Eliciting a Mixed Scenario of Profits and Losses
- Cautious Chemical Industry Presents Opportunities & Challenges for Fans & Blowers
- Cost Pressures & Environmental Concerns to Sustain Demand for Fans and Blowers in the Petrochemical Industry
- Reviving Commodity Prices Present Positive Prospects for Industrial Fans & Blowers
- Metal Processing Industries to Present Volatile Demand for Fans & Blowers
- Expected Revival of Nuclear Energy to Drive Opportunities in the Industrial Fans & Blowers Market
- Falling Agricultural Commodity & Oil Prices to Spur Growth in the Food Processing Industry & Benefit Demand for Processing Equipment Fans & Blowers
- Environmental & Waste Treatment Sector Adds to Growth Prospects
- Technology Developments - Crucial for Sustained Growth
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 2: World Historic Review for Industrial and Commercial Fans and Blowers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 3: World 16-Year Perspective for Industrial and Commercial Fans and Blowers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
- Table 4: World Industrial and Commercial Fans and Blowers Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
UNITED STATES
- Industrial and Commercial Fans and Blowers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Table 5: USA Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 6: USA Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
CANADA
- Table 7: Canada Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 8: Canada Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
JAPAN
- Industrial and Commercial Fans and Blowers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 9: Japan Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 10: Japan Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
CHINA
- Industrial and Commercial Fans and Blowers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Table 11: China Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 12: China Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
EUROPE
- Industrial and Commercial Fans and Blowers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Table 13: Europe Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 14: Europe Historic Review for Industrial and Commercial Fans and Blowers by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 15: Europe 16-Year Perspective for Industrial and Commercial Fans and Blowers by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2023 & 2030
FRANCE
- Industrial and Commercial Fans and Blowers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 16: France Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 17: France Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
GERMANY
- Industrial and Commercial Fans and Blowers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 18: Germany Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 19: Germany Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
ITALY
- Table 20: Italy Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 21: Italy Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
UNITED KINGDOM
- Industrial and Commercial Fans and Blowers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 22: UK Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 23: UK Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
SPAIN
- Table 24: Spain Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 25: Spain Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
RUSSIA
- Table 26: Russia Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: Russia Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF EUROPE
- Table 28: Rest of Europe Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 29: Rest of Europe Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
ASIA-PACIFIC
- Industrial and Commercial Fans and Blowers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Table 30: Asia-Pacific Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 31: Asia-Pacific Historic Review for Industrial and Commercial Fans and Blowers by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 32: Asia-Pacific 16-Year Perspective for Industrial and Commercial Fans and Blowers by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2023 & 2030
AUSTRALIA
- Industrial and Commercial Fans and Blowers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
- Table 33: Australia Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 34: Australia Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
INDIA
- Industrial and Commercial Fans and Blowers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
- Table 35: India Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 36: India Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
SOUTH KOREA
- Table 37: South Korea Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 38: South Korea Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF ASIA-PACIFIC
- Table 39: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 40: Rest of Asia-Pacific Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
LATIN AMERICA
- Industrial and Commercial Fans and Blowers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
- Table 41: Latin America Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 42: Latin America Historic Review for Industrial and Commercial Fans and Blowers by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 43: Latin America 16-Year Perspective for Industrial and Commercial Fans and Blowers by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2014, 2023 & 2030
ARGENTINA
- Table 44: Argentina Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Argentina Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
BRAZIL
- Table 46: Brazil Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 47: Brazil Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
MEXICO
- Table 48: Mexico Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 49: Mexico Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF LATIN AMERICA
- Table 50: Rest of Latin America Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: Rest of Latin America Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
MIDDLE EAST
- Industrial and Commercial Fans and Blowers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
- Table 52: Middle East Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
- Table 53: Middle East Historic Review for Industrial and Commercial Fans and Blowers by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
- Table 54: Middle East 16-Year Perspective for Industrial and Commercial Fans and Blowers by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2014, 2023 & 2030
IRAN
- Table 55: Iran Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 56: Iran Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
ISRAEL
- Table 57: Israel Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 58: Israel Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
SAUDI ARABIA
- Table 59: Saudi Arabia Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 60: Saudi Arabia Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
UNITED ARAB EMIRATES
- Table 61: UAE Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 62: UAE Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF MIDDLE EAST
- Table 63: Rest of Middle East Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 64: Rest of Middle East Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
AFRICA
- Industrial and Commercial Fans and Blowers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
- Table 65: Africa Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 66: Africa Historic Review for Industrial and Commercial Fans and Blowers by Segment - Industrial and Commercial Fans and Blowers Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Acme Engineering & Manufacturing Corporation
- Air System Components, Inc.
- Airmaster Fan Company, Inc.
- CECO Environmental
- Continental Blower, LLC
- DongKun Industrial Co., Ltd.
- FläktGroup
- Gardner Denver, Inc.
- Greenheck Fan Corporation
- Howden Group Ltd.
- Loren Cook Company
- Robinson Fans, Inc
- The New York Blower Company
- Tuthill Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 232 |
| Published | April 2024 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 8.3 Billion |
| Forecasted Market Value ( USD | $ 12.3 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
