Press release
Sublime Enhancement of Fans and Blowers Market | Top Key Players Profile Analysis by Greenheck, Twin City Fan, Systemair, Soler & Palau, Johnson Controls | Forecast till 2025
Fans and Blowers Market
The growing demand for Fans and Blowers has provided a major boost to the Global Fans and Blowers Market as more people are shifting their preferences to this growing sector. The market is expected to keep rising at a high CAGR and reach values of high millions by the end of the forecast period of 2020 up to 2024.
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Expansion of several end-use industries such as food & beverage, steel, cement, chemical, construction, and manufacturing, worldwide, is anticipated to boost the industrial fans and blowers market. Rising demand for food & beverage worldwide is anticipated to boost the demand for food processing units. This, in turn, is anticipated to fuel the industrial fans and blowers market. Similarly, expansion of construction and manufacturing industries globally has led to the construction of new industrial units, which in turn is anticipated to propel the demand for industrial fans and blowers.
The global Fans and Blowers Market is primarily segmented based on Product Type, Application, End-Use Industry and Regions.
Based on Product Type, the market is divided into:
1 Axial Fans and Blowers
2 Centrifugal Fans and Blowers
On the basis of End Use Industry, the market is split into:
1 Commercial
2 Industrial
Rising demand for power consumption, owing to increased population, is driving the incorporation of power generation units such as nuclear power plants, hydro power plants, coal, and thermal power plants. Such power plants require industrial fans and blowers to supply air for combustion, supply fuel to burners, and circulate gases for better heat transfer. Additionally, solar and wind energy power plants require industrial fans to cool down the inverters and generators. Rising demand for wind and solar energy is anticipated to boost the demand for industrial fans and blowers in the next couple of years.
Objectives of the Study
To describe and forecast the global Fans and Blowers Market on the basis of Product Type, industry verticals, Channel and regions.
To forecast the Fans and Blowers Market size of the five main regional segments, namely North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America.
To strategically analyzesubsegments with respect to individual growth trends, future prospects, and contribution to the total market.
To provide detailed information regarding the major factors influencing the growth of the Fans and Blowers Market (drivers, restraints, opportunities, and challenges).
To analyze the opportunities in the market for stakeholders and to provide details of competitive landscape for major players.
To strategically profile key players and comprehensively analyze their core competencies and positioning.
To track and analyze competitive developments such as mergers and acquisitions, new product developments, and partnerships, agreements & collaborations in the Fans and Blowers Market.
Some of the Fans and Blowers Market manufacturers involved in the market are Greenheck, Twin City Fan, Systemair, Soler & Palau, Johnson Controls, Air Systems Components, Polypipe Ventilation, Zhejiang Shangfeng, Yilida, Acme Fans, Munters, Volution, Flkt Group, Nanfang Ventilator, Cincinnati Fan, Showa Denki, Robinson Fans, Marathon, Vortice, Maico, Gardner Denver, Dresser(GE), Aerzen, Tuthill Corporation, Kaeser Kompressoren, Howden, Ventmeca, Acquisitions and effective mergers are some of the strategies adopted by the Fans and Blowers Market manufacturers. New product launches and continuous technological innovations are the Fans and Blowers Market strategies adopted by the major players.
Latest Industry Updates:
Greenheck model DS high volume low speed (HVLS) fan received the gold level recognition as a Consulting Specifying Engineer (CSE) 2019 Product of the Year. The award, voted on by the publication's readers, was selected as the top product of the year in the Air Movement & Humidification category. Model DS was highlighted in the September awards issue of Consulting Specifying Engineer.
The HVLS fan offers eight sizes ranging from 8 to 24 feet in diameter and has an optimized design for maximum efficiency and coverage. Model DS is currently the only HVLS fan licensed to bear the AMCA Seal for Circulating Fan Performance. The fan provides up to 243,000 cfm and uses quiet direct drive technology, making it up to 10 dBA quieter and 20% more efficient than comparable HVLS fans.
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Asia Pacific was a prominent market for Fans and Blowerss in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Fans and Blowers market in Asia Pacific.
There are several manufacturers of Fans and Blowerss in Europe and North America. In North America, the demand for Fans and Blowerss is primarily driven by the residential sector. Improved standards of living and rising usage of Fans and Blowerss for flooring purpose are anticipated to drive the market in North America.
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Table of Contents:
Global Fans and Blowers Market Report 2020
1 Fans and Blowers Definition
2 Global Fans and Blowers Market Major Player Share and Market Overview
3 Major Player Fans and Blowers Business Introduction
4 Global Fans and Blowers Market Segmentation (Region Level)
5 Global Fans and Blowers Market Segmentation (Product Type Level)
6 Global Fans and Blowers Market Segmentation (Industry Level)
7 Global Fans and Blowers Market Segmentation (Channel Level)
8 Fans and Blowers Market Forecast 2020-2024
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