Market by Technology, Deployment, and Country | Forecast 2019-2028
Triton’s report intimates that the fans and blowers market in Latin America is anticipated to attain revenue at 2.40% of CAGR during the projected period 2019-2028.
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The countries analyzed in this
market include:
• Brazil
• Mexico
• Rest of Latin America
In Brazil, the oil and gas
sector contributes significantly to the economy, gaining the largest share in
the country’s industrial GDP. Over the years, the oil price crises, corruption
scandals, and negative economic growth have severely impacted the oil and gas
industry. In such a scenario, the government has liberalized this industry to
avoid more corruption scandals, along with an aim to decrease monopoly in the
oil and gas industry. This step has further increased the flow of investment
from state-owned companies and IOCs, which is likely to accelerate the demand
for fans and blowers, thereby fueling the development of the Brazilian fans and
blowers market.
On the other hand, industries
such as mining, textiles, chemical, cement, and natural gas extraction, are
majorly motivating the fans and blowers demand in Mexico. In the mining sector,
the demand for fans and blowers is to extract minerals such as gold, copper,
lead, and zinc. Additionally, the textile and cement production sectors also
contribute significantly to the growth of the fans and blowers market across
Mexico.
In the Rest of Latin America,
Chile is one of the developing countries, with an established mining industry.
Moreover, to diversify its copper-based mining sector, ENAMI, a state mining
company, displayed innovative exploration projects. Such developing mining
activities are likely to enhance the demand for fans and blows for various
sectors’ applications, thereby motivating the market’s growth in Chile.
Loren Cook Company is
a leading company involved in designing and producing fans, blowers, exhaust
systems, and energy recovery ventilators. It provides its products to
industrial, commercial, and institutional facilities, among others. Moreover,
these products consist of centrifugal fans, blowers, accessories, and more. The
global company has a wide consumer base, having operations across numerous
regions, including the Latin America region.
1. LATIN
AMERICA 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. LATIN
AMERICA FANS AND BLOWERS MARKET OUTLOOK - BY TECHNOLOGY
3.1. AXIAL
TECHNOLOGY
3.2. CENTRIFUGAL
TECHNOLOGY
4. LATIN
AMERICA 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. LATIN
AMERICA FANS AND BLOWERS MARKET – REGIONAL OUTLOOK
5.1. BRAZIL
5.2. MEXICO
5.3. REST
OF LATIN AMERICA
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: LATIN AMERICA FANS AND
BLOWERS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: LATIN AMERICA FANS AND
BLOWERS MARKET, BY TECHNOLOGY, 2019-2028 (IN $ MILLION)
TABLE 4: LATIN AMERICA FANS AND
BLOWERS MARKET, BY DEPLOYMENT, 2019-2028 (IN $ MILLION)
TABLE 5: LATIN
AMERICA INDUSTRIAL DEPLOYMENT MARKET, BY INDUSTRY, 2019-2028 (IN $ MILLION)
FIGURE 1: LATIN AMERICA 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: LATIN AMERICA FANS AND
BLOWERS MARKET, BY AXIAL TECHNOLOGY, 2019-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA FANS AND
BLOWERS MARKET, BY CENTRIFUGAL TECHNOLOGY, 2019-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA FANS AND
BLOWERS MARKET, BY INDUSTRIAL DEPLOYMENT, 2019-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA FANS AND
BLOWERS MARKET, BY POWER GENERATION, 2019-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA FANS AND
BLOWERS MARKET, BY OIL AND GAS, 2019-2028 (IN $ MILLION)
FIGURE 11: LATIN AMERICA FANS AND
BLOWERS MARKET, BY CONSTRUCTION, 2019-2028 (IN $ MILLION)
FIGURE 12: LATIN AMERICA FANS AND
BLOWERS MARKET, BY IRON AND STEEL, 2019-2028 (IN $ MILLION)
FIGURE 13: LATIN AMERICA FANS AND
BLOWERS MARKET, BY CHEMICALS, 2019-2028 (IN $ MILLION)
FIGURE 14: LATIN AMERICA FANS AND
BLOWERS MARKET, BY MINING, 2019-2028 (IN $ MILLION)
FIGURE 15: LATIN AMERICA FANS AND
BLOWERS MARKET, BY OTHER INDUSTRIAL DEPLOYMENT, 2019-2028 (IN $ MILLION)
FIGURE 16: LATIN AMERICA FANS AND
BLOWERS MARKET, BY COMMERCIAL DEPLOYMENT, 2019-2028 (IN $ MILLION)
FIGURE 17: LATIN AMERICA FANS AND
BLOWERS MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)
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)