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Key Trends Reshaping the Fans and Blowers Market: Introduction Of Ultra-Fast Blowing Machine For High Performance Industry Transformation
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Fans and Blowers Market Size Growth Forecast: What to Expect by 2025?
The market for fans and blowers has seen significant expansion in the recent past. The market, which was valued at $6.73 billion in 2024, is projected to reach $7.09 billion in 2025, growing at a compound annual growth rate (CAGR) of 5.4%. This growth during the historical period has been driven by factors such as industrial growth and manufacturing, development in construction and infrastructure, the need for energy efficiency, air quality regulatory standards, and upgrades in HVAC systems.
How Will the Fans and Blowers Market Size Evolve and Grow by 2029?
In the ensuing years, the fans and blowers market size is predicted to experience a robust surge. The projection places it at $9.08 billion by 2029, with a compound annual growth rate (CAGR) of 6.4%. The growth during the forecast period can be linked to factors such as initiatives for green buildings, an increase in data center constructions, a sharp focus on indoor air quality, advancement in materials and manufacturing methods, and a global growth in manufacturing. Key trends for the predicted period include a rise in digitalization and smart technologies, advancements in technology-based designs, an increased emphasis on energy-efficient models, burgeoning applications of the industrial Internet of Things (IIoT), and amplified focus on noise reduction.
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What Drivers Are Propelling the Growth of Fans and Blowers Market Forward?
The anticipated expansion of the construction industry is predicted to stimulate the growth of the fans and blowers market. When we talk about the construction sector, it involves all activities related to the creation, upkeep, and fixing of infrastructures. In these sectors, fans and blowers play a crucial role in supplying air for ventilation and fulfilling requirements of industrial processes. For example, a rise of 85% to $15.5 trillion is estimated in the worldwide construction production by 2030, as illustrated by Global Construction Perspectives and Oxford Economics in January 2022. They further noted that China, the United States, and India would be the foremost contributors with a combined contribution of 57% to this increase. In the coming 15 years, it is suggested that the construction market in the US would outpace China's. Therefore, the expansion of the construction industry is acting as a catalyst for the growth of the fans and blowers market.
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What Trends Will Shape the Fans and Blowers Market Through 2029 and Beyond?
The leading players in the fan and blower industry are concentrating on creating highly swift blower devices to provide effective and robust airflow solutions across diverse sectors. These machines offer enhanced air speed and volume, while also bringing down noise levels and energy usage. For example, in October 2024, the France-based manufacturer, Sidel, introduced the EvoBLOW XL, a super-speed blower machine designed for large PET containers up to 10 liters, aiming at the water, edible oil, and food industries. The device prides itself on its high production efficacy, with the ability to produce up to 18,000 bottles per hour and an overall equipment efficiency (OEE) of 98%. It is user-friendly, can support up to 100% rPET, and offers opportunities for light-weighting to help lower costs and emissions. The EvoBLOW XL, with its ability to ensure optimum blowing procedures and produce high-grade bottles at a rate of 1,500 bph per mold, has established its position as a premier solution in the packaging industry.
What Are the Key Segments in the Fans and Blowers Market?
The fans and blowersmarket 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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Who Are the Key Players Shaping the Fans and Blowers Market's Competitive Landscape?
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.
What Geographic Markets Are Powering Growth 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.
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