Press release
HVAC Fans & Blowers Market: $16.6B → $28.9B by 2035
According to this latest publication from Meticulous Research®, the The global HVAC Fans and Blowers Market is projected to reach USD 28.88 billion by 2035 from USD 16.6 billion in 2025, at a CAGR of 5.7% during the forecast period. The market was valued at USD 15.5 billion in 2024. The global HVAC fans and blowers market is growing quickly. Projections show an increase from $16.6 billion in 2025 to $28.88 billion by 2035, which is a compound annual growth rate (CAGR) of 5.7%. This significant growth highlights the rising need for efficient ventilation systems in various sectors.
Energy Efficiency Takes Center Stage:
The demand for energy-efficient ventilation systems is a major market driver, especially in commercial and industrial buildings. Johnson Controls' 2023 Energy Efficiency Indicator Survey reports that about 62% of building professionals have raised their investments in ventilation and indoor air quality solutions since the COVID-19 pandemic.
HVAC fans and blowers represent 15-25% of a building's total energy use, making them key targets for efficiency improvements. The use of electronically commutated (EC) motor technology offers substantial savings, providing 30-50% more energy savings than traditional AC motors. These systems, together with variable frequency drives (VFDs) and smart control systems, enable fans to run at optimal speeds based on real-time needs, further improving energy efficiency and lowering operational costs.
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Post-Pandemic Focus on Indoor Air Quality:
The COVID-19 pandemic has changed our perspective on indoor air quality and ventilation. Buildings in commercial, institutional, and residential areas are now prioritizing effective ventilation systems to remove airborne pollutants and create healthy indoor spaces.
This increased awareness has led to a demand for high-performance fans and blowers. These products must offer higher air change rates while still being energy efficient. Healthcare facilities, schools, and commercial offices are especially focused on upgrading ventilation systems to comply with new standards and ensure safety for occupants.
Construction Boom Drives Demand:
Global construction activities, particularly in emerging economies like those in Asia-Pacific, the Middle East, and Latin America, are fueling demand for HVAC fans and blowers. The UN-Habitat estimates that Asia-Pacific alone will require around 230 billion square meters of new housing by 2050 to meet needs in middle and low-income areas.
Modern buildings are getting larger and more complex. They need advanced fan systems capable of handling high air volumes and complicated ductwork setups. Infrastructure projects such as tunnels, underground facilities, and transportation systems also increase the need for specialized ventilation solutions.
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Market Segmentation Insights:
Product Types and Technology Trends:
Centrifugal fans are currently the market leaders, holding 45-50% of the total market share in 2025, thanks to their strong pressure generation and versatility. However, axial fans are expected to grow the fastest, driven by their energy efficiency, compact design, and greater use in cooling data centers.
From a technology standpoint, while AC motor fans make up the largest market share (55-60%) due to their lower initial costs and established infrastructure, EC motor fans are projected to grow at the highest CAGR. Their growth is linked to better energy efficiency, precise speed control, and less maintenance.
Regional Market Dynamics:
Asia-Pacific is leading the global market with a 40-45% share in 2025 and is set to have the highest growth rate through 2035. The rapid industrialization, extensive construction, and expanding manufacturing in this region support this growth, along with greater use of energy-efficient building technologies.
North America represents a mature market focused on energy efficiency and building automation. There is a strong emphasis on retrofitting existing buildings and expanding data center infrastructure. Europe shows a high demand for eco-friendly solutions, driven by strict energy efficiency regulations that encourage EC motor technology adoption.
Competitive Landscape:
The HVAC fans and blowers market includes a mix of specialized manufacturers and diversified industrial equipment companies. Key players are ebm-papst Group, Greenheck Fan Corporation, Systemair AB, Howden Group Ltd., Twin City Fan Companies Ltd., Soler & Palau Ventilation Group, Ziehl-Abegg SE, Continental Fan Manufacturing Inc., Johnson Controls International plc, Carrier Global Corporation, Trane Technologies plc, Aerovent Inc., New York Blower Company, Hartzell Air Movement, and Chicago Blower Corporation.
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Key Questions Answered in the Report:
What is the size of the HVAC fans and blowers market, and at what CAGR is this market projected to grow during 2025-2035?
Which product type segment will dominate the market during the forecast period?
What are the primary factors driving market expansion?
Related Reports:
Marine HVAC Systems Market: https://www.meticulousresearch.com/product/marine-hvac-systems-market-6219
HVAC Services Market: https://www.meticulousresearch.com/product/hvac-services-market-6218
HVAC Noise Reduction Equipment & Materials Market: https://www.meticulousresearch.com/product/hvac-noise-reduction-equipment-and-materials-market-6214
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We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with actionable market intelligence tailored to drive revenue transformation and strategic growth. Our insights reveal forward-looking revenue opportunities, providing our clients with a competitive edge through a diverse suite of research solutions-syndicated reports, custom research, and direct analyst engagement.
Each year, we conduct over 300 syndicated studies and manage 60+ consulting engagements across eight key industry sectors and 20+ geographic markets. With a focus on solving the complex challenges facing global business leaders, our research enables informed decision-making that propels sustainable growth and operational excellence. We are dedicated to delivering high-impact solutions that transform business performance and fuel innovation in the competitive global marketplace.
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