Major players in the fans and blowers market are Acme Engineering and Manufacturing Corporation, Aerzener Maschinenfabrik GmbH, Air System Components Inc., Cincinnati Fan, and Ventilator Company Inc., Continental Blower LLC, Zhejiang Shangfeng Fan/motor Co. Ltd., Garden Denver Inc., Greenheck Fan Corporation, Howden Engineering Limited, Johnson Controls International plc, Kaeser Compressors, Munters, Nanfang Ventilator Co. Ltd., Polypipe Ventilation, Robinson Fans Inc., Soler & Palau Sistemas de Ventilación S.L.U., Systemair, Twin City Fan Companies, Ventmeca Fans Inc., Vortice Elettrosociali S.p.A., Zhejiang Shangfeng Fan/motor Co. Ltd., CG Power and Industrial Solutions Limited, Industrial Solutions Limited, and Loren Cook Company.
The global fans and blowers market grew from $5.92 billion in 2022 to $6.5 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The fans and blowers market is expected to grow to $8.11 billion in 2027 at a CAGR of 5.7%.
The fans and blowers market consists of sales of displacement blowers, rotary lobe blowers, helical screw blowers, centrifugal blowers, multistage centrifugal blowers, high-speed blowers, regenerative blowers. Values in this market are ‘factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Fans and blowers are machines that provide ventilation, the flow of air (or gas) required for cooling, exhausting, and conveying, and are used to overcome the airflow resistance caused by components such as ducts and dampers.
Asia-Pacific was the largest region in the fans and blowers market in 2022. The regions covered in the fans and blowers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The main types of fans and blowers are centrifugal fans and blowers, axial fans and blowers, and others. Centrifugal fans and centrifugal blowers are air-moving pumps or motors used for moving air through a duct. Axial fans and blowers are used as a propeller to draw the air into the fan and discharge it in the parallel axial direction. An axial fan forces the extracted air to move parallel to the shaft around which the blades rotate. The fans and blowers are used in various sectors including industrial, commercial, and others.
The growing construction sector is expected to propel the growth of the fans and blowers market going forward. The construction sector refers to the sector of industry and trade that deals with creating, maintaining, and repairing infrastructures. Fans and blowers are used in the construction sector to provide air for ventilation and industrial process requirements. For instance, in January 2022, according to Global Construction Perspectives and Oxford Economics, a UK-based leader in global economic forecasting and econometric analysis, by 2030, the global construction production is expected to increase by 85% to $15.5 trillion, with China, the United States, and India taking the lead and contributing 57% of the increase. Over the next 15 years, the US construction market is going to expand more quickly than China's. Therefore, the growing construction sector is driving the growth of the fans and blowers market.
Technological advancements are shaping the fans and blower market. Companies manufacturing fans and blowers have introduced technologies such as liquid cooling technology for better performance. For instance, in September 2020, Boyd Corporation, a US-based company, designed a low-profile cooling ultra-thin and lightweight blower using liquid cooling technology. These are as thin as 3mm which functions well in high pressure and provides cooling while maintaining durability and are designed in thin and ultra-thin profiles, which are ideal for the smaller, more powerful devices.
In December 2020, the Greenheck Group, a US-based company manufacturing air movement and control equipment announced the acquisition of Metal Industries, for an undisclosed amount. Through this acquisition, Greenheck aims to expand its brand portfolio by offering air movement, control, and conditioning equipment. Metal Industries, Inc. is a US-based company that offers fans and blowers, air distribution products, and air terminal units.
The countries covered in the fans and blowers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The fans and blowers market research report is one of a series of new reports from the publisher that provides fans and blowers market statistics, including fans and blowers industry global market size, regional shares, competitors with a fans and blowers market share, detailed fans and blowers market segments, market trends and opportunities, and any further data you may need to thrive in the fans and blowers industry. This fans and blowers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
This product will be delivered within 1-3 business days.
The global fans and blowers market grew from $5.92 billion in 2022 to $6.5 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The fans and blowers market is expected to grow to $8.11 billion in 2027 at a CAGR of 5.7%.
The fans and blowers market consists of sales of displacement blowers, rotary lobe blowers, helical screw blowers, centrifugal blowers, multistage centrifugal blowers, high-speed blowers, regenerative blowers. Values in this market are ‘factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Fans and blowers are machines that provide ventilation, the flow of air (or gas) required for cooling, exhausting, and conveying, and are used to overcome the airflow resistance caused by components such as ducts and dampers.
Asia-Pacific was the largest region in the fans and blowers market in 2022. The regions covered in the fans and blowers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The main types of fans and blowers are centrifugal fans and blowers, axial fans and blowers, and others. Centrifugal fans and centrifugal blowers are air-moving pumps or motors used for moving air through a duct. Axial fans and blowers are used as a propeller to draw the air into the fan and discharge it in the parallel axial direction. An axial fan forces the extracted air to move parallel to the shaft around which the blades rotate. The fans and blowers are used in various sectors including industrial, commercial, and others.
The growing construction sector is expected to propel the growth of the fans and blowers market going forward. The construction sector refers to the sector of industry and trade that deals with creating, maintaining, and repairing infrastructures. Fans and blowers are used in the construction sector to provide air for ventilation and industrial process requirements. For instance, in January 2022, according to Global Construction Perspectives and Oxford Economics, a UK-based leader in global economic forecasting and econometric analysis, by 2030, the global construction production is expected to increase by 85% to $15.5 trillion, with China, the United States, and India taking the lead and contributing 57% of the increase. Over the next 15 years, the US construction market is going to expand more quickly than China's. Therefore, the growing construction sector is driving the growth of the fans and blowers market.
Technological advancements are shaping the fans and blower market. Companies manufacturing fans and blowers have introduced technologies such as liquid cooling technology for better performance. For instance, in September 2020, Boyd Corporation, a US-based company, designed a low-profile cooling ultra-thin and lightweight blower using liquid cooling technology. These are as thin as 3mm which functions well in high pressure and provides cooling while maintaining durability and are designed in thin and ultra-thin profiles, which are ideal for the smaller, more powerful devices.
In December 2020, the Greenheck Group, a US-based company manufacturing air movement and control equipment announced the acquisition of Metal Industries, for an undisclosed amount. Through this acquisition, Greenheck aims to expand its brand portfolio by offering air movement, control, and conditioning equipment. Metal Industries, Inc. is a US-based company that offers fans and blowers, air distribution products, and air terminal units.
The countries covered in the fans and blowers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The fans and blowers market research report is one of a series of new reports from the publisher that provides fans and blowers market statistics, including fans and blowers industry global market size, regional shares, competitors with a fans and blowers market share, detailed fans and blowers market segments, market trends and opportunities, and any further data you may need to thrive in the fans and blowers industry. This fans and blowers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Fans and Blowers Market
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Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2023 |
Forecast Period | 2023 - 2027 |
Estimated Market Value ( USD | $ 6.5 billion |
Forecasted Market Value ( USD | $ 8.11 billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Global |
Table of Contents
1. Executive Summary2. Fans And Blowers Market Characteristics
3. Fans And Blowers Market Trends And Strategies
4. Fans And Blowers Market - Macro Economic Scenario
4.1 COVID-19 Impact On Fans And Blowers Market
4.2 Ukraine-Russia War Impact On Fans And Blowers Market
4.3 Impact Of High Inflation On Fans And Blowers Market
5. Fans And Blowers Market Size And Growth
5.1. Global Fans And Blowers Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Fans And Blowers Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Fans And Blowers Market Segmentation
6.1. Global Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Centrifugal Fans And Blowers
- Axial Fans And Blowers
- Other Types
- Industrial
- Commercial
- Other Applications
7.1. Global Fans And Blowers Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Fans And Blowers Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Fans And Blowers Market
8.1. Asia-Pacific Fans And Blowers Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.3. Asia-Pacific Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Fans And Blowers Market
9.1. China Fans And Blowers Market Overview
9.2. China Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
9.3. China Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Fans And Blowers Market
10.1. India Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
10.2. India Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Fans And Blowers Market
11.1. Japan Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11.2. Japan Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Fans And Blowers Market
12.1. Australia Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12.2. Australia Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Fans And Blowers Market
13.1. Indonesia Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13.2. Indonesia Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Fans And Blowers Market
14.1. South Korea Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14.2. South Korea Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Fans And Blowers Market
15.1. Western Europe Fans And Blowers Market Overview
15.2. Western Europe Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15.3. Western Europe Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Fans And Blowers Market
16.1. UK Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16.2. UK Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Fans And Blowers Market
17.1. Germany Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17.2. Germany Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Fans And Blowers Market
18.1. France Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18.2. France Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Fans And Blowers Market
19.1. Eastern Europe Fans And Blowers Market Overview
19.2. Eastern Europe Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19.3. Eastern Europe Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Fans And Blowers Market
20.1. Russia Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20.2. Russia Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Fans And Blowers Market
21.1. North America Fans And Blowers Market Overview
21.2. North America Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21.3. North America Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Fans And Blowers Market
22.1. USA Fans And Blowers Market Overview
22.2. USA Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22.3. USA Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Fans And Blowers Market
23.1. South America Fans And Blowers Market Overview
23.2. South America Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23.3. South America Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Fans And Blowers Market
24.1. Brazil Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24.2. Brazil Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Fans And Blowers Market
25.1. Middle East Fans And Blowers Market Overview
25.2. Middle East Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25.3. Middle East Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Fans And Blowers Market
26.1. Africa Fans And Blowers Market Overview
26.2. Africa Fans And Blowers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26.3. Africa Fans And Blowers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Fans And Blowers Market Competitive Landscape And Company Profiles
27.1. Fans And Blowers Market Competitive Landscape
27.2. Fans And Blowers Market Company Profiles
27.2.1. Acme Engineering and Manufacturing Corporation
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Aerzener Maschinenfabrik GmbH
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Air System Components Inc.
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Cincinnati Fan and Ventilator Company Inc.
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Continental Blower LLC
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Fans And Blowers Market
29. Fans And Blowers Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer
Executive Summary
Fans and Blowers Global Market Report 2023 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on fans and blowers market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for fans and blowers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The fans and blowers market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
1) By Type: Centrifugal Fans And Blowers; Axial Fans And Blowers; Other Types2) By Distribution Channel: Online; Offline
2) By Application: Industrial; Commercial; Other Applications
Companies Mentioned: Acme Engineering and Manufacturing Corporation; Aerzener Maschinenfabrik GmbH; Air System Components Inc.; Cincinnati Fan and Ventilator Company Inc.; Continental Blower LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Acme Engineering and Manufacturing Corporation
- Aerzener Maschinenfabrik GmbH
- Air System Components Inc.
- Cincinnati Fan and Ventilator Company Inc.
- Continental Blower LLC
- Zhejiang Shangfeng Fan/motor Co. Ltd
- Garden Denver Inc.
- Greenheck Fan Corporation
- Howden Engineering Limited
- Johnson Controls International plc
- Kaeser Compressors
- Munters
- Nanfang Ventilator Co. Ltd.
- Polypipe Ventilation
- Robinson Fans Inc.
- Soler & Palau Sistemas de Ventilación S.L.U.
- Systemair
- Twin City Fan Companies
- Ventmeca Fans Inc.
- Vortice Elettrosociali S.p.A.
- Zhejiang Shangfeng Fan/motor Co. Ltd
- CG Power and Industrial Solutions Limited
- Industrial Solutions Limited
- Loren Cook Company
Methodology
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