Global Axial Fan Market Growth 2023-2029

Global Axial Fan Market Growth 2023-2029

An axial fan is a type of a compressor that increases the pressure of the air flowing through it. Axial fans are named for the direction of the airflow they create. Blades rotating around an axis draw air in parallel to that axis and force air out in the same direction.
LPI (LP Information)' newest research report, the “Axial Fan Industry Forecast” looks at past sales and reviews total world Axial Fan sales in 2022, providing a comprehensive analysis by region and market sector of projected Axial Fan sales for 2023 through 2029. With Axial Fan sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Axial Fan industry.
This Insight Report provides a comprehensive analysis of the global Axial Fan landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Axial Fan portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Axial Fan market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Axial Fan and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Axial Fan.
The global Axial Fan market size is projected to grow from US$ 2806.6 million in 2022 to US$ 3730.6 million in 2029; it is expected to grow at a CAGR of 3730.6 from 2023 to 2029.
Global Axial Fan key players include Systemair, Greenheck, etc. Global top two manufacturers hold a share about 20%.
Asia-Pacific is the largest market, with a share over 35%, followed by Europe and North America, both have a share about 45 percent.
In terms of product, Duct Axial Fan is the largest segment, with a share about 60%. And in terms of application, the largest application is Industrial, followed by Commercial, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Axial Fan market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Duct Axial Fan
Ceiling Axial Fan
Column / Wall Axial Fan
Other Types
Segmentation by application
Industrial
Commercial
Other Applications
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Greenheck
Systemair
Soler & Palau
FläktGroup
Ebm-Papst
Polypipe Ventilation
Acme Fans
Air Systems Components
Zhejiang Shangfeng
Nanfang Ventilator
Hitachi
Twin City Fan
Cofimco
Howden
Johnson Controls
Loren Cook
Marathon
Patterson
Yilida
Mitsui Miike Machinery
Key Questions Addressed in this Report
What is the 10-year outlook for the global Axial Fan market?
What factors are driving Axial Fan market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Axial Fan market opportunities vary by end market size?
How does Axial Fan break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.