AC Segment to Dominate SAM Axial Fans Market during 2020-2028
According to this research study titled “SAM Axial Fans Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Speed, Size, Application, Type and End User,” the market is expected to reach US$ 426.13 million by 2028 from US$ 339.21 million in 2021. The market is estimated to grow at a CAGR of 3.0% from 2021 to 2028. The report provides trends prevailing in the SAM axial fans market along with the drivers and restraints pertaining to the market growth. Rising demand for axial fans in vending machine are the major factor driving the growth of the SAM axial fans market. However, high noise level of axial fans hinder the growth of SAM axial fans market.
The government of South America has taken an array of actions to protect their citizens and contain the spread of COVID-19. Brazil, followed by Argentina, Chile, and Peru hold significant position in the production of petroleum products. Due to the pandemic situation, the manufacturing business has been declined, along with the lesser procurement of advanced fans and impellers. This factor has negatively impacted the axial fans market. However, the business has now resumed in South American countries, which is projected to gradually create the demand for axials among mines and industrial sector.
Based on the speed of axial fans, the market is segmented into low speed, medium speed, and high speed. Based on size, the market is segmented into Diameter below 250 mm, Diameter (250-910) mm, Diameter (910-1500) mm and Above diameter 1500 mm). Based on application, the market is segmented into radiator, cooling and refrigeration, ventilation, and others. Based on type, the market is segmented into AC, DC, and EC types. Based on end user, the market is segmented into commercial, industrial, and residential.
OMRON Corporation; Fulltech Electric Co., Ltd; Howden Group; COOLTRON Industrial Supply, Inc;Pelonis Technologies, inc; WingFan Ltd. & Co. KG; Multi-Wing International a/s; FläktGroup Holding GmbH; Horton Holding, Inc; Phillips & Temro Industries; BorgWarner Inc are among the leading companies in the SAM Axial Fans Market The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021 Howden acquires Rothemühle
The report segments the SAM Axial Fans Market as follows:
SAM Axial Fans Market - By Speed
SAM Axial Fans Market - By Size
SAM Axial Fans Market - By Application
SAM Axial Fans Market - By Type
SAM Axial Fans Market - By End User
SAM Axial Fans Market - By Country
According to this research study titled “SAM Axial Fans Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Speed, Size, Application, Type and End User,” the market is expected to reach US$ 426.13 million by 2028 from US$ 339.21 million in 2021. The market is estimated to grow at a CAGR of 3.0% from 2021 to 2028. The report provides trends prevailing in the SAM axial fans market along with the drivers and restraints pertaining to the market growth. Rising demand for axial fans in vending machine are the major factor driving the growth of the SAM axial fans market. However, high noise level of axial fans hinder the growth of SAM axial fans market.
The government of South America has taken an array of actions to protect their citizens and contain the spread of COVID-19. Brazil, followed by Argentina, Chile, and Peru hold significant position in the production of petroleum products. Due to the pandemic situation, the manufacturing business has been declined, along with the lesser procurement of advanced fans and impellers. This factor has negatively impacted the axial fans market. However, the business has now resumed in South American countries, which is projected to gradually create the demand for axials among mines and industrial sector.
Based on the speed of axial fans, the market is segmented into low speed, medium speed, and high speed. Based on size, the market is segmented into Diameter below 250 mm, Diameter (250-910) mm, Diameter (910-1500) mm and Above diameter 1500 mm). Based on application, the market is segmented into radiator, cooling and refrigeration, ventilation, and others. Based on type, the market is segmented into AC, DC, and EC types. Based on end user, the market is segmented into commercial, industrial, and residential.
OMRON Corporation; Fulltech Electric Co., Ltd; Howden Group; COOLTRON Industrial Supply, Inc;Pelonis Technologies, inc; WingFan Ltd. & Co. KG; Multi-Wing International a/s; FläktGroup Holding GmbH; Horton Holding, Inc; Phillips & Temro Industries; BorgWarner Inc are among the leading companies in the SAM Axial Fans Market The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021 Howden acquires Rothemühle
The report segments the SAM Axial Fans Market as follows:
SAM Axial Fans Market - By Speed
- Low Speed
- Medium Speed
- High Speed
SAM Axial Fans Market - By Size
- Diameter Below 250 MM
- Diameter (250-910) MM
- Diameter (910-1500) MM
- Diameter Above 1500 MM
SAM Axial Fans Market - By Application
- Radiator
- Cooling & Refrigeration
- Ventilation
- Other
SAM Axial Fans Market - By Type
- AC
- DC
- EC
SAM Axial Fans Market - By End User
- Commercial
- Industrial
- Residential
SAM Axial Fans Market - By Country
- Brazil
- Argentina
- Rest of SAM
Table of Contents
1. Introduction
3. Research Methodology
4. SAM Axial Fans Market Landscape
5. SAM Axial Fans Market - Key Industry Dynamics
6. Axial Fans- SAM Market Analysis
7. SAM Axial Fans Market Analysis - By Speed
8. SAM Axial Fans Market Analysis - By Size
9. SAM Axial Fans Market Analysis - By Application
10. SAM Axial Fans Market Analysis - By Type
11. SAM Axial Fans Market Analysis - By End-User
12. SAM Axial Fans Market - Country Analysis
13. SAM Axial Fans Market- COVID-19 Impact Analysis
14. Industry Landscape
15. Company Profiles
16. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- OMRON Corporation
- Fulltech Electric Co., Ltd
- Howden Group
- COOLTRON Industrial Supply, Inc
- Pelonis Technologies, inc
- WingFan Ltd. & Co. KG
- Multi-Wing International a/s
- FläktGroup Holding GmbH
- Horton Holding, Inc
- Phillips & Temro Industries
- BorgWarner Inc
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 130 |
Published | June 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 339.21 Million |
Forecasted Market Value ( USD | $ 426.13 Million |
Compound Annual Growth Rate | 3.0% |