Global industrial ventilation fan market revenue totalled US$ 1.05 Bn in 2021. The global market is expected to reach a valuation of US$ 2.2 Bn by 2032, rising at a CAGR of 7%. Demand for axial fans is set to accelerate with the top 5 providers holding 52.2% market share by 2032.
Fact.MR, a market research and competitive intelligence provider, estimates 7% CAGR for the market over the assessment period. Growing demand for industrial ventilation fans in end-use verticals is poised to provide a valuation of US$ 2.2 Bn by 2032
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The report offers actionable and valuable market insights of Axial Industrial Ventilation Fan. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Axial Industrial Ventilation Fan Market across various industries and regions.
Competitive Landscape:
Prominent players in the industrial ventilation fan market are expanding their manufacturing facilities across the globe and finding various opportunities in emerging economies.
Tier-1 industrial ventilation fan manufacturing companies are expanding their operational bases across regions to capture a significant market share and tackle trade wars, minimize import-export costs, and employ cheaper labor.
Leading manufacturers of industrial ventilation fans are ACME Engineering & Manufacturing, AEROVENT, Air Control Industries Ltd., Airflow Developments Ltd., Airmaster Fans, AirMax Fans, Axair Fans UK Ltd., Continental Fan Manufacturing Inc.,Ebara Corporation, Elta Fans, FAWENT SA, Ferrari Ventilatori Industriali S.p.A, Formula Air, Hartzell, Helios Ventilation, Industrie CBI S.p.a., Indventech, J&D Manufacturing, JKF Industri A/S, Maico Gulf, Mitsubishi Electric Corporation, MZ Aspiratori S.p.A, New York Blower Company, Panasonic Corporation, Patterson Fan Company, Inc., Polypipe Ventilation (Genuit Group), Reitz Group, Rucon, SAMA S.r.l., TPI Corporation, Ventinet B.V., and Volution Group Plc.
Segments Covered in Industrial Ventilation Fan Industry Analysis:
· Industrial Ventilation Fan Market by Product Type:
- Axial Industrial Ventilation Fans
- Propeller Industrial Ventilation Fans
- Tubeaxial Industrial Ventilation Fans
- Vaneaxial Industrial Ventilation Fans
- Centrifugal Industrial Ventilation Fans
- Forward Inclined Blade Fans
- Radial Blade Fans
- Backward Inclined Blade Fans
· Industrial Ventilation Fan Market by End Use:
- Industrial manufacturing
- Carpentry
- Glass Manufacturing
- Paper Manufacturing
- Milling
- Brick Manufacturing
- Textile Manufacturing
- Agriculture
- Others
- Oil & Gas
- Automotive
- F&B Processing
- Chemicals
- Others
· Industrial Ventilation Fan Market by Mounting:
- Wall-mounted Industrial Ventilation Fans
- Ceiling-mounted Industrial Ventilation Fans
· Industrial Ventilation Fan Market by Flow Rate:
- Below 100 CFM Industrial Ventilation Fans
- 100-250 CFM Industrial Ventilation Fans
- 250-500 CFM Industrial Ventilation Fans
- 500-750 CFM Industrial Ventilation Fans
- Above 750 CFM Industrial Ventilation Fans
· Industrial Ventilation Fan Market by Region:
- North America Industrial Ventilation Fan Market
- Latin America Industrial Ventilation Fan Market
- Europe Industrial Ventilation Fan Market
- East Asia Industrial Ventilation Fan Market
- South Asia & Oceania Industrial Ventilation Fan Market
- MEA Industrial Ventilation Fan Market
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