Market by Technology, Deployment, and Geography | Forecast 2019-2028
After a detailed analysis, Triton Market Research’s report determined that the global fans and blowers market is predicted to showcase an upward trend in its revenue, growing at a CAGR of 2.12% over the estimated period of 2019-2028. In 2019, the market acquired revenue worth $18710 million, and is further expected to garner $22589 million by 2028.
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Fans and blowers are
considered crucial components used in the industrial and commercial setup. They
are essential for systematic ventilation to maintain proper airflow, and are
differentiated depending on the air movement technique and the system’s
pressure. The fans and blowers are prominently used in industries, such as
power generation, oil & gas, construction, iron & steel, and others.
Additionally, axial and centrifugal technologies are used in fans and blowers.
Within this report, Triton has
provided a detailed insight into the fans and blowers market. The report
discusses the market definition, key insights, market attractiveness matrix,
vendor scorecard, supply chain analysis, the effect of COVID-19 on the market,
and Porter’s five forces analysis.
The rising data centers and
demand from the power industry are factors accelerating the demand for fans and
blowers, driving the studied market’s growth. Furthermore, the growing HVAC
demand and the surge in commercial kitchens, are key opportunities that can be
leveraged by the fans and blowers market to reach the estimated growth.
However, the market restraints such as high system operating costs and power consumption, along with rising inclination towards renewable energy, are majorly impacting the global market’s future. Also, the economic slowdown is another factor challenging the fans and blowers market’s progress during the considered years.
Key geographies covered in the
global fans and blowers market include:
• North America: United States and
Canada
• Europe: United Kingdom, Germany,
France, Italy, Spain, Russia, and Rest of Europe
• Asia-Pacific: China, Japan, India,
South Korea, ASEAN countries, Australia & New Zealand, and Rest of
Asia-Pacific
• Latin America: Brazil, Mexico, and
Rest of Latin America
• Middle East and Africa: United Arab
Emirates, Turkey, Saudi Arabia, South Africa, and Rest of Middle East &
Africa
The
market for fans and blowers, in this report, is bifurcated into technology and
deployment:
• Market by Technology:
o Axial
Technology
o Centrifugal
Technology
• Market by Deployment:
o Industrial
Deployment
• Power Generation
• Oil and Gas
• Construction
• Iron and Steel
• Chemicals
• Mining
• Other Industrial Deployment
o Commercial
Deployment
The notable players
profiled in the fans and blowers market comprise DongKun Industrial Co Ltd, CG
Power and Industrial Solutions Limited, Gardner Denver Holdings Inc, Greenheck
Fan Corporation, Loren Cook Company, Continental Blower LLC, Airmaster Fan
Company Inc, Acme Engineering and Manufacturing Corporation, Pollrich GmbH, and
Howden Group Ltd.
1. GLOBAL
FANS AND BLOWERS MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. CENTRIFUGAL
IS RAPIDLY GROWING TECHNOLOGY IN FANS AND BLOWERS MARKET
2.2.2. FANS
AND BLOWERS ARE MAJORLY DEPLOYED IN INDUSTRIAL SETUP
2.2.3. POWER
GENERATION INDUSTRY IS MAJOR ADOPTER OF FANS AND BLOWERS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. INTENSITY
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. SUPPLY
CHAIN ANALYSIS
2.7. EFFECT
OF COVID-19 ON FANS AND BLOWERS MARKET
2.8. MARKET
DRIVERS
2.8.1. INCREASING
DATA CENTERS
2.8.2. DEMAND
FROM POWER INDUSTRY
2.9. MARKET
RESTRAINTS
2.9.1. HIGH
SYSTEM OPERATING COSTS AND POWER CONSUMPTION
2.9.2. RISING
INCLINATION TOWARDS RENEWABLE ENERGY
2.10.
MARKET OPPORTUNITIES
2.10.1.
GROWING HVAC DEMAND
2.10.2.
RISE IN COMMERCIAL KITCHENS
2.11.
MARKET CHALLENGES
2.11.1.
ECONOMIC SLOWDOWN
3. GLOBAL
FANS AND BLOWERS MARKET OUTLOOK - BY TECHNOLOGY
3.1. AXIAL
TECHNOLOGY
3.2. CENTRIFUGAL
TECHNOLOGY
4. GLOBAL
FANS AND BLOWERS MARKET OUTLOOK - BY DEPLOYMENT
4.1. INDUSTRIAL
DEPLOYMENT
4.1.1. POWER
GENERATION
4.1.2. OIL
AND GAS
4.1.3. CONSTRUCTION
4.1.4. IRON
AND STEEL
4.1.5. CHEMICALS
4.1.6. MINING
4.1.7. OTHER
INDUSTRIAL DEPLOYMENT
4.2. COMMERCIAL
DEPLOYMENT
5. GLOBAL
FANS AND BLOWERS MARKET - REGIONAL OUTLOOK
5.1. NORTH
AMERICA
5.1.1. MARKET
BY TECHNOLOGY
5.1.2. MARKET
BY DEPLOYMENT
5.1.3. COUNTRY
ANALYSIS
5.1.3.1. UNITED
STATES
5.1.3.2. CANADA
5.2. EUROPE
5.2.1. MARKET
BY TECHNOLOGY
5.2.2. MARKET
BY DEPLOYMENT
5.2.3. COUNTRY
ANALYSIS
5.2.3.1. UNITED
KINGDOM
5.2.3.2. GERMANY
5.2.3.3. FRANCE
5.2.3.4. SPAIN
5.2.3.5. ITALY
5.2.3.6. RUSSIA
5.2.3.7. REST
OF EUROPE
5.3. ASIA-PACIFIC
5.3.1. MARKET
BY TECHNOLOGY
5.3.2. MARKET
BY DEPLOYMENT
5.3.3. COUNTRY
ANALYSIS
5.3.3.1. CHINA
5.3.3.2. JAPAN
5.3.3.3. INDIA
5.3.3.4. SOUTH
KOREA
5.3.3.5. ASEAN
COUNTRIES
5.3.3.6. AUSTRALIA
& NEW ZEALAND
5.3.3.7. REST
OF ASIA-PACIFIC
5.4. LATIN
AMERICA
5.4.1. MARKET
BY TECHNOLOGY
5.4.2. MARKET
BY DEPLOYMENT
5.4.3. COUNTRY
ANALYSIS
5.4.3.1. BRAZIL
5.4.3.2. MEXICO
5.4.3.3. REST
OF LATIN AMERICA
5.5. MIDDLE
EAST AND AFRICA
5.5.1. MARKET
BY TECHNOLOGY
5.5.2. MARKET
BY DEPLOYMENT
5.5.3. COUNTRY
ANALYSIS
5.5.3.1. UNITED
ARAB EMIRATES
5.5.3.2. TURKEY
5.5.3.3. SAUDI
ARABIA
5.5.3.4. SOUTH
AFRICA
5.5.3.5. REST
OF MIDDLE EAST & AFRICA
6. COMPETITIVE
LANDSCAPE
6.1. ACME
ENGINEERING AND MANUFACTURING CORPORATION
6.2. CONTINENTAL
BLOWER LLC
6.3. DONGKUN
INDUSTRIAL CO LTD
6.4. GARDNER
DENVER HOLDINGS INC
6.5. HOWDEN
GROUP LTD
6.6. LOREN
COOK COMPANY
6.7. POLLRICH
GMBH
6.8. AIRMASTER
FAN COMPANY INC
6.9. CG
POWER AND INDUSTRIAL SOLUTIONS LIMITED
6.10. GREENHECK FAN CORPORATION
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.1.1. OBJECTIVES
OF STUDY
7.1.2. SCOPE
OF STUDY
7.2. SOURCES
OF DATA
7.2.1. PRIMARY
DATA SOURCES
7.2.2. SECONDARY
DATA SOURCES
7.3. RESEARCH
METHODOLOGY
7.3.1. EVALUATION
OF PROPOSED MARKET
7.3.2. IDENTIFICATION
OF DATA SOURCES
7.3.3. ASSESSMENT
OF MARKET DETERMINANTS
7.3.4. DATA COLLECTION
7.3.5. DATA VALIDATION & ANALYSIS
TABLE 1: GLOBAL FANS AND
BLOWERS MARKET, BY GEOGRAPHY, 2019-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: GLOBAL FANS AND
BLOWERS MARKET, BY TECHNOLOGY, 2019-2028 (IN $ MILLION)
TABLE 4: GLOBAL FANS AND
BLOWERS MARKET, BY DEPLOYMENT, 2019-2028 (IN $ MILLION)
TABLE 5: GLOBAL INDUSTRIAL
DEPLOYMENT MARKET, BY INDUSTRY, 2019-2028 (IN $ MILLION)
TABLE 6: GLOBAL FANS AND
BLOWERS MARKET, BY GEOGRAPHY, 2019-2028 (IN $ MILLION)
TABLE 7: NORTH AMERICA FANS AND
BLOWERS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA FANS AND
BLOWERS MARKET, BY TECHNOLOGY, 2019-2028 (IN $ MILLION)
TABLE 9: NORTH AMERICA FANS AND
BLOWERS MARKET, BY DEPLOYMENT, 2019-2028 (IN $ MILLION)
TABLE 10: EUROPE FANS AND
BLOWERS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 11: EUROPE FANS AND
BLOWERS MARKET, BY TECHNOLOGY, 2019-2028 (IN $ MILLION)
TABLE 12: EUROPE FANS AND BLOWERS
MARKET, BY DEPLOYMENT, 2019-2028 (IN $ MILLION)
TABLE 13: ASIA-PACIFIC FANS AND
BLOWERS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 14: ASIA-PACIFIC FANS AND
BLOWERS MARKET, BY TECHNOLOGY, 2019-2028 (IN $ MILLION)
TABLE 15: ASIA-PACIFIC FANS AND
BLOWERS MARKET, BY DEPLOYMENT, 2019-2028 (IN $ MILLION)
TABLE 16: LATIN AMERICA FANS AND
BLOWERS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 17: LATIN AMERICA FANS AND
BLOWERS MARKET, BY TECHNOLOGY, 2019-2028 (IN $ MILLION)
TABLE 18: LATIN AMERICA FANS AND
BLOWERS MARKET, BY DEPLOYMENT, 2019-2028 (IN $ MILLION)
TABLE 19: MIDDLE EAST AND
AFRICA FANS AND BLOWERS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 20: MIDDLE EAST AND
AFRICA FANS AND BLOWERS MARKET, BY TECHNOLOGY, 2019-2028 (IN $ MILLION)
TABLE 21: MIDDLE EAST
AND AFRICA FANS AND BLOWERS MARKET, BY DEPLOYMENT, 2019-2028 (IN $ MILLION)
FIGURE 1: GLOBAL FANS AND
BLOWERS MARKET, BY DISTRIBUTION CHANNEL, 2019 AND 2028 (IN %)
FIGURE 2: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 3: MARKET
ATTRACTIVENESS INDEX
FIGURE 4 SUPPLY CHAIN ANALYSIS
FIGURE 5 NUMBER OF DATA
CENTERS
FIGURE 6: GLOBAL FANS AND
BLOWERS MARKET, BY AXIAL TECHNOLOGY, 2019-2028 (IN $ MILLION)
FIGURE 7: GLOBAL FANS AND
BLOWERS MARKET, BY CENTRIFUGAL TECHNOLOGY, 2019-2028 (IN $ MILLION)
FIGURE 8: GLOBAL FANS AND
BLOWERS MARKET, BY INDUSTRIAL DEPLOYMENT, 2019-2028 (IN $ MILLION)
FIGURE 9: GLOBAL FANS AND
BLOWERS MARKET, BY POWER GENERATION, 2019-2028 (IN $ MILLION)
FIGURE 10: GLOBAL FANS AND
BLOWERS MARKET, BY OIL AND GAS, 2019-2028 (IN $ MILLION)
FIGURE 11: GLOBAL FANS AND
BLOWERS MARKET, BY CONSTRUCTION, 2019-2028 (IN $ MILLION)
FIGURE 12: GLOBAL FANS AND
BLOWERS MARKET, BY IRON AND STEEL, 2019-2028 (IN $ MILLION)
FIGURE 13: GLOBAL FANS AND
BLOWERS MARKET, BY CHEMICALS, 2019-2028 (IN $ MILLION)
FIGURE 14: GLOBAL FANS AND
BLOWERS MARKET, BY MINING, 2019-2028 (IN $ MILLION)
FIGURE 15: GLOBAL FANS AND
BLOWERS MARKET, BY OTHER INDUSTRIAL DEPLOYMENT, 2019-2028 (IN $ MILLION)
FIGURE 16: GLOBAL FANS AND
BLOWERS MARKET, BY COMMERCIAL DEPLOYMENT, 2019-2028 (IN $ MILLION)
FIGURE 17: GLOBAL FANS AND
BLOWERS MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)
FIGURE 18: UNITED STATES FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 19: CANADA FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 20: UNITED KINGDOM FANS
AND BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 21: GERMANY FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 22: FRANCE FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 23: SPAIN FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 24: ITALY FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 25: RUSSIA FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 26: REST OF EUROPE FANS
AND BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 27: CHINA FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 28: JAPAN FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 29: INDIA FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 30: SOUTH KOREA FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 31: ASEAN COUNTRIES
FANS AND BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 32: AUSTRALIA & NEW
ZEALAND FANS AND BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 33: REST OF
ASIA-PACIFIC FANS AND BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 34: BRAZIL FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 35: MEXICO FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 36: REST OF LATIN
AMERICA FANS AND BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 37: UNITED ARAB
EMIRATES FANS AND BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 38: TURKEY FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 39: SAUDI ARABIA FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 40: SOUTH AFRICA FANS AND
BLOWERS MARKET 2019-2028 (IN $ MILLION)
FIGURE 41: REST OF
MIDDLE EAST & AFRICA FANS AND BLOWERS MARKET 2019-2028 (IN $ MILLION)