MARKET OUTLOOK
This report implies that the Middle East and Africa fans and blowers market is likely to showcase revenue growth at 2.14% of CAGR of in the projected period 2019-2028. Turkey, the UAE, South Africa, Saudi Arabia, and Rest of Middle East & Africa form the market in this region.In Rest of Middle East & Africa, Qatar is known as the world’s largest LNG exporter. Over the years, the country’s liquefaction capacity has stayed constant, but this is projected to change as Qatar left the OPEC to concentrate on natural gas. Moreover, the government is planning to build new liquefaction trains under its gas project to expand its LNG production capacity. Here, the start of this project’s construction is likely to enhance the demand for fans and blowers, contributing to the market’s future growth.
Furthermore, in the country, several construction projects are emerging that are associated with World Cup 2022, which is expected to augment the demand for cement and steel. This is further anticipated to proliferate the need for fans and blowers, thereby widening the fans and blowers market’s scope and growth in Qatar.
Similarly, Saudi Arabia ranks among the primary producers of oil. Moreover, despite the decline in global oil prices, the country continues to maintain its production of oil and gas to meet its export commitments. Additionally, the government is offering several opportunities for investment in various industries, such as mining, logistics, and energy, among others. This step towards motivating the development of sectors indicates robust growth of the fans and blowers market in Saudi Arabia.
COMPETITIVE OUTLOOK
The companies leading in this market include Loren Cook Company, Gardner Denver Holdings Inc, Acme Engineering and Manufacturing Corporation, Pollrich GmbH, and DongKun Industrial Co Ltd.Table of Contents
1. Middle East and Africa Fans and Blowers Market - Summary
2. Industry Outlook
3. Middle East and Africa Fans and Blowers Market Outlook - by Technology
4. Middle East and Africa Fans and Blowers Market Outlook - by Deployment
5. Middle East and Africa Fans and Blowers Market - Regional Outlook
6. Competitive Landscape
7. Research Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Acme Engineering and Manufacturing Corporation
- Continental Blower LLC
- Dongkun Industrial Co Ltd
- Gardner Denver Holdings Inc
- Howden Group Ltd
- Loren Cook Company
- Pollrich GmbH
- Airmaster Fan Company Inc
- CG Power and Industrial Solutions Limited
- Greenheck Fan Corporation
Methodology
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