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Industrial Fans Market to Witness a CAGR of Around 7% During 2022-2031

According to Fact.MR’s recent research, the industrial fans market is expected to grow steadily between 2021 and 2031. The number of new small and large industries in developing countries will increase demand for industrial fans in the coming years.

What is Driving Demand for Industrial Fans?

The demand for industrial fans is being driven by changing end-user demand for heavy ventilated fans, heavy machine cooling fans to prevent damage to industrial machines, and other applications.
Growing work- related health issues, such as pneumoconiosis and other lung diseases caused by an excess of dust and other pollutants in industries, are affecting workers’ health. 
This has caused factory owners to be concerned about protecting their workers and making their factories safer. 
Because of their ability to exhaust dust particles and clean the environment, these factors contribute to the growth of the industrial fans market.

Who are the Key Manufacturers and Suppliers of Industrial Fans?

Some of the leading manufacturers and suppliers of industrial fans includes

  • EPOCH FANS
  • WujiangDeshengxin Purification Equipment Co. Ltd
  • Airmaster Fans
  • Pheonix Manufacturing
  • Berner International
  • Triangle Engineering
  • National Fan Co.
  • Howden American Fan Company
  • Hunter Industrial
  • J&D Manufacturing
  • TWIN CITY FAN
  • EXTIVENT ACERO INOXIDABLE Y VENTILACION
  • ANJOS
  • MEIERLING VENTILATOREN GMBH
  • SPARTAK JSC
  • SIROCCO LUFT- UND UMWELTTECHNIK GMBH
  • UVENTS VENTILATION SYSTEMS
  • XINXIANG SIMO BlOWER LIMITED COMPANY
  • Foshan City Nanhai Popula Fan Co. Ltd
  • ShangdongYuyunSanhe Mechanical Co. Ltd
  • Dongguan Minxin Industrial Co. Ltd
  • Xiamen Oupusi Electrical Energy Saving Co. Ltd
  • ShangdongWanhe Machinery Co. Ltd
  • Austar Technologies ( HVLS Fans )
  • Ferrari VentilatoriIndustriali S.p.A.

Key Segments

By product type

  • Wall Mounted Fans
  • Blower Fans
  • Pedestal Fans
  • Others

By End User

  • Power Generation
  • Oil and Gas
  • Construction
  • Iron and Steel
  • Chemicals
  • Mining
  • Other Industries

By Region

  • North America
    • US & Canada
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

Outlook for the Asia Pacific Industrial Fans Market
Asia Pacific is the world’s largest market for industrial fans. 
The Asia Pacific region accounts for more than 20% of the global industrial fan market. 
As the number of activities in the end use industry increases, demand in Asia Pacific is expected to grow rapidly over the forecasted period (2021-2031). China dominates the Asia Pacific industrial fan market. 
The Chinese market has grown due to low labour costs, the availability of advanced technology, and the ease with which labour is available in comparison to other countries. 
According to the United Nations Statistics Division, China accounted for 28.7% of global industrial output in 2019, followed by the United States.

Europe Demand Outlook for Industrial Fans
Europe is the second largest market for industrial fans, followed by North America. 
With the growing bio medical industries in Europe as result of the covid 19 pandemic, small and medium-sized businesses have sprung up to meet the demand for medical equipment such as masks, sanitizers, and nebulizers, which supports the market growth of industrial fans in Europe, as industrial fans play significant role in health product manufacturing companies.
Highlights of the Industrial Fans Market Report:
  • thorough examination of the parent market
  • Market dynamics in the industry are changing.
  • Market segmentation in depth
  • Historical, current, and projected market volumes and values
  • Trends and developments in the industry recently
  • Strategies of key players and products offered in the competitive landscape
  • Potential and niche segments, as well as geographical regions with promising growth prospects
  • A balanced assessment of market performance
  • Information that market participants must have in order to maintain and expand their market footprint.

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