Global Centrifugal Fans Market Growth 2023-2029

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.