Global Centrifugal Fans Market Growth 2023-2029
A centrifugal fan is a mechanical device for moving air or other gases. The pressure of an incoming airstream is increased by a fan wheel, a series of blades mounted on a circular hub. Centrifugal fans move air radially-the direction of the outward flowing air is changed, usually by 90°, from the direction of the incoming air.
The small fans such as domestic used fans are not covered in this report.
LPI (LP Information)' newest research report, the “Centrifugal Fans Industry Forecast” looks at past sales and reviews total world Centrifugal Fans sales in 2022, providing a comprehensive analysis by region and market sector of projected Centrifugal Fans sales for 2023 through 2029. With Centrifugal Fans sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Centrifugal Fans industry.
This Insight Report provides a comprehensive analysis of the global Centrifugal Fans 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 Centrifugal Fans portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Centrifugal Fans market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Centrifugal Fans 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 Centrifugal Fans.
The global Centrifugal Fans market size is projected to grow from US$ 4756 million in 2022 to US$ 5729.9 million in 2029; it is expected to grow at a CAGR of 5729.9 from 2023 to 2029.
At present, the manufactures of Centrifugal Fans are concentrated in North America, Europe, China and Japan. North America is the largest production area in the world, which occupied about 26%. The following areas are Europe and China. The global leading players in this market are Greenheck Fan, Twin City Fan, Ebm-Papst, Air Systems Components and FläktGroup, with about 39% market shares.
North America's sales volume accounted for the highest market share (24%) , followed by the China and Europe.
This report presents a comprehensive overview, market shares, and growth opportunities of Centrifugal Fans market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Forward
Backward
Radial
Segmentation by application
Industrial
Commercial
Others
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 Fan
Twin City Fan
Ebm-Papst
Air Systems Components
FläktGroup
New York Blower
Johnson Controls
Loren Cook
Howden
Nanfang Ventilator
Yilida
Systemair
Acme Fans
Ventmeca
Soler & Palau
Cincinnati Fan
Zhejiang Shangfeng
Nortek Air Solutions
Mitsui Miike Machinery
Key Questions Addressed in this Report
What is the 10-year outlook for the global Centrifugal Fans market?
What factors are driving Centrifugal Fans market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Centrifugal Fans market opportunities vary by end market size?
How does Centrifugal Fans 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.
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