Press release
Global Fans and Blowers Market: Growth Forecast, Key Players, Market Size and Key Trends
Rising construction, industrialization and highly energy-efficient fans and blowers fuel market growth from $6.73 billion in 2024 to an anticipated $9.37 billion in 2029.What Is The Projected Market Size Of The Global Fans and Blowers Market And Its Growth Rate?
• The fans and blowers market grew strongly from $6.73 billion in 2024 to $7.2 billion in 2025 at a CAGR of 6.9%, driven primarily by industrialization, construction development, and air quality standards.
• The market size is anticipated to grow from $7.2 billion in 2025 to $9.37 billion in 2029 at a CAGR of 6.8%, with digitalization, design advancements, and energy-efficient designs spurring the growth.
What Is Driving The Growth In The Fans and Blowers Market?
The expansion of the construction sector is a significant catalyst for the fans and blowers market growth. Operating in infrastructure creation, maintenance, and repair, the construction industry makes ample use of fans and blowers for ventilation and industrial process requirements. The projective expansion of global construction production by 85% to $15.5 trillion by 2030, as predicted by Global Construction Perspectives and Oxford Economics, indicates correspondingly robust growth for the fans and blowers market.
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Who Are The Key Players Driving Fans and Blowers Market Growth?
• ABB ltd.
• Johnson Controls International plc
• Nidec Corporation
• Systemair AB
• Airmaster Fan Company Inc.
• Loren Cook Company
• Genuit Group
• CG Power and Industrial Solutions Limited
• Kaeser Compressors Inc.
• Air System Components Inc.
• Industrial Solutions Limited
• Twin City Fan Companies Ltd.
• Garden Denver Inc.
• Acme Engineering and Manufacturing Corporation
• Zhejiang Shangfeng Fan/motor Co. Ltd.
• Flakt Woods Group SA
• Aerzener Maschinenfabrik GmbH
• Cincinnati Fan and Ventilator Company Inc.
• Soler & Palau Sistemas de Ventilación S.L.U.
• Robinson Fans Inc.
• Pollrich GmbH
• Vortice Elettrosociali S.p.A.
• Ventmeca Fans Inc.
• Continental Blower LLC
• Greenheck Fan Corporation
• Nanfang Ventilator Co. Ltd.
• DongKun Industrial Co. Ltd.
What Are The Key Trends In The Fans and Blowers Market?
• Adoption of digitalization and the integration of smart technologies in manufacturing processes.
• Technological advancements in design leading to more energy-efficient designs.
• Expansion of industrial Internet of Things (IIoT) applications.
• Increased focus on noise reduction in fan and blower designs.
What Are The Segments Of The Global Fans and Blowers Market?
• By Type: Centrifugal Fans And Blowers, Axial Fans And Blowers, Other Types
• By Distribution Channel: Online, Offline
• By Application: Industrial, Commercial, Other Applications
Which Region Leads The Fans and Blowers Market?
Asia-Pacific led the fans and blowers market in 2024. This leadership extends to other regions mentioned in the fans and blowers market report, including Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Fans and Blowers Market Global Market Report?
- Market Size Analysis: Analyze the Fans and Blowers Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Fans and Blowers Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Fans and Blowers Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities, and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Fans and Blowers Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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