Press release
Comprehensive Fans and Blowers Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Fans and Blowers Market Size
The expansion of the construction industry is anticipated to drive the growth of the fans and blowers market. The construction industry encapsulates all work involved in building, maintaining, and repairing infrastructure, and it utilizes fans and blowers for ventilation and industrial process requirements. For example, Global Construction Perspectives and Oxford Economics, a UK-based authority in global economic prediction and econometric analysis, reported in January 2022 that global construction production is projected to increase by 85% by 2030, reaching $15.5 trillion. China, the United States, and India are expected to be the main contributors, accounting for 57% of the growth. It's also predicted that over the next 15 years, the US construction market will outpace China's. This burgeoning construction industry, consequently, is fueling the expansion of the fans and blowers market.
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What growth opportunities are expected to drive the fans and blowers market's CAGR through 2034?
The market size for fans and blowers has seen substantial growth in the past few years. It is projected to rise from $6.73 billion in 2024 to $7.2 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%. This growth during the historic period can be accounted to factors such as the expansion of industrialization and manufacturing sectors, development in construction and infrastructure, laws surrounding energy efficiency, criteria for air quality, and improvements in HVAC systems.
In the following years, the market for fans and blowers is anticipated to experience substantial growth, reaching $9.37 billion by 2029, with a compound annual growth rate of 6.8%. Factors prompting this upswing during the projected period include advances in green building initiatives, an increase in data center infrastructures, an emphasis on indoor air quality, advancements in materials and manufacturing techniques, and a global surge in manufacturing. The era of forecast is expected to see dominant trends such as the rise of digitalization and smart technologies and design technological advancements. Increased energy-efficiency in designs, expansion in industrial Internet of Things (IIOT) applications, and a heightened focus on noise reduction are also contributing factors.
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What are the emerging trends shaping the future of the fans and blowers market?
Leading entities in the fans and blowers industry are striving towards the evolution of ultra-fast air blowing machines. These state-of-the-art machines cater to the need for efficient and high-performing airflow solutions across a plethora of sectors, delivering increased air velocity and volume and simultaneously reducing energy wastage and noise pollution. As an illustration, Sidel, an eminent French manufacturing conglomerate, in October 2024, proudly unveiled the EvoBLOW XL. This groundbreaking, ultra-fast blowing machine is specially designed for large PET containers of up to 10 liters and primarily targets the food, water, and edible oil markets. The machine is celebrated for its high production efficiency that reaches outputs of as much as 18,000 bottles every hour and a remarkable overall equipment effectiveness (OEE) of 98%. Adaptable and user-friendly, it can handle up to 100% rPET and offers potential for lightweighting, thereby reducing expenses and emissions. The EvoBLOW XL is configured to assure superior blowing procedures and premium quality bottles at rates of 1,500 bph per mold, making it a top-tier solution in the packaging industry.
Which growth-oriented segments of the fans and blowers market are leading the industry's development?
The fans and blowers market covered in this report is segmented -
1) By Type: Centrifugal Fans And Blowers, Axial Fans And Blowers, Other Types
2) By Distribution Channel: Online, Offline
2) By Application: Industrial, Commercial, Other Applications
Subsegments:
1) By Centrifugal Fans And Blowers: Forward Curved Fans, Backward Curved Fans, Radial Fans
2) By Axial Fans And Blowers: Propeller Fans, Tube Axial Fans, Box Fans
3) By Other Types: Mixed Flow Fans, Bladeless Fans, Special Application Fans
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What regions are leading the charge in the fans and blowers market?
Asia-Pacific was the largest region in the fans and blowers market in 2024. The regions covered in the fans and blowers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the fans and blowers market?
Major companies operating in the fans and blowers market include 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.
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What Is Covered In The Fans and Blowers Global Market Report?
•Market Size Forecast: Examine the fans and blowers market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the fans and blowers market for a structured understanding.
•Key Players Overview: Analyze major players in the fans and blowers market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the fans and blowers market.
•Segment Contributions: Evaluate how different segments drive overall growth in the fans and blowers market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the fans and blowers market.
•Industry Challenges: Identify potential risks and obstacles affecting the fans and blowers market.
•Competitive Landscape: Review strategic developments in the fans and blowers market, including expansions, agreements, and new product launches.
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