Global Fans and Blowers Market Growth 2023-2029

Global Fans and Blowers Market Growth 2023-2029

Fans and blowers are machines whose primary function is to provide and accommodate a large flow of air or gas to various parts of a building or other structures. This is achieved by rotating a number of blades, connected to a hub and shaft, and driven by a motor or turbine.
This report only covers fans and blowers used in industrial and commercial buildings.
LPI (LP Information)' newest research report, the “Fans and Blowers Industry Forecast” looks at past sales and reviews total world Fans and Blowers sales in 2022, providing a comprehensive analysis by region and market sector of projected Fans and Blowers sales for 2023 through 2029. With Fans and Blowers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fans and Blowers industry.
This Insight Report provides a comprehensive analysis of the global Fans and Blowers 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 Fans and Blowers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fans and Blowers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fans and Blowers 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 Fans and Blowers.
The global Fans and Blowers market size is projected to grow from US$ 5599.2 million in 2022 to US$ 6193.8 million in 2029; it is expected to grow at a CAGR of 6193.8 from 2023 to 2029.
For industry structure analysis, the Fans and Blowers industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers include Greenheck, Twin City Fan, Howden, Systemair and Soler & Palau, which account for about 26% of the revenue market. Regionally, North America is the biggest production value area of valves, also the leader in the whole Fans and Blowers industry.
China occupied 32% of the production market. It is followed by Europe and North America, which respectively account for around 20% and 21% of the global total industry. Other countries have a smaller amount of production. Geographically, China was the largest consumption market in the world, which took about 29% of the global consumption volume .
This report presents a comprehensive overview, market shares, and growth opportunities of Fans and Blowers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Axial Fans and Blowers
Centrifugal Fans and Blowers
Others
Segmentation by application
Commercial
Industrial
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
Twin City Fan
Systemair
Soler & Palau
Johnson Controls
Air Systems Components
Polypipe Ventilation
Zhejiang Shangfeng
Yilida
Acme Fans
Munters
Volution
Fläkt Group
Nanfang Ventilator
Cincinnati Fan
Showa Denki
Robinson Fans
Marathon
Vortice
Maico
Gardner Denver
Dresser(GE)
Aerzen
Tuthill Corporation
Kaeser Kompressoren
Howden
Ventmeca
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fans and Blowers market?
What factors are driving Fans and Blowers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fans and Blowers market opportunities vary by end market size?
How does Fans and Blowers 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.