Market Overview:
Axial fans are the most common type of fan and they work by blowing air parallel to the shaft of the fan. The global axial fan market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to factors such as, rising demand for energy-efficient equipment, increasing awareness about energy conservation, and growing industrialization across different regions. The duct axial fan segment is expected to dominate the global axial fan market during the forecast period 2018-2030 owing to its high efficiency and low noise levels as compared to other types of fans.
Product Definition:
Axial fan is a type of fan that moves air radially (in a straight line from the center outwards) or along the axis of rotation. It is often used in ventilation, cooling and heating systems.
Duct Axial Fan:
Duct axial fan is a device that is used to move the air in ducts. It consists of an impeller and a blower wheel which creates low pressure inside the duct. The low pressure area acts as an attractor for dust particles, smoke particles, etc., which are present in huge amount in commercial and industrial areas. As soon as these particles enter into the impeller they are forced towards exhaust pipes where they get discharged out through exhaust systems at high speed and volume.
Ceiling Axial Fan:
The Ceiling Axial Fan is a type of axial fan that is used to move the air in a horizontal or vertical direction. The basic function of these fans is to distribute the heat generated by an engine across different rooms in an apartment, house or building. These are mainly used for cooling off rooms and moving hot air out from inside the room.
Ceiling axial fans can be fixed on the ceiling with included hardware.
Application Insights:
The industrial application segment accounted for the largest share of over 50.0% in 2017 and is projected to witness significant growth over the forecast period. The demand for axial fans in industrial applications is majorly driven by factors such as high power consumption, heat dissipation, and noise reduction requirements. Industrial applications include chemical plants, metal processing facilities, cement kilns, paper machines among others which require a large amount of cooling or ventilation air flow with low energy consumption and without creating any sound pollution.
The commercial application segment was valued at USD 1.5 billion in 2017 owing to rising adoption of these products across shopping malls offices buildings hospitals among other commercial places where there are specific requirements regarding noise control temperature regulation airflow design features etc., These products are used extensively across data centers where high reliability cooling solutions along with superior performance levels are required from a product standpoint due to heavy computing loads heat dissipation characteristics etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, which makes it an attractive regional market for axial fan sales and service. China, Taiwan, Japan, South Korea are some of the major manufacturing hubs for these fans.
The growing industrial sector in developing countries such as India and China is anticipated to fuel product demand over the next eight years. In addition, favorable government regulations aimed at promoting investments through FDI are projected to contribute towards growth in this region. For instance; Government of India allowed 100% FDI under “automatic route†through Indian Investment Promotion Policy (IIPP). This policy was introduced with an aim to promote foreign direct investment (FDI) into various sectors including manufacturing/services industries within India itself or from outside but related directly or indirectly to economic activity within India’s jurisdiction (i.e.
Growth Factors:
- Increasing demand for energy-efficient appliances
- Rising disposable income of consumers in developing countries
- Technological advancements in axial fan design and manufacturing
- Growing popularity of mini and smart fans
- Stringent government regulations on energy consumption
Scope Of The Report
Report Attributes
Report Details
Report Title
Axial Fan Market Research Report
By Type
Duct Axial Fan, Ceiling Axial Fan, Column / Wall Axial Fan, Other Types
By Application
Industrial, Commercial, Other Applications
By Companies
Greenheck, Systemair, Soler & Palau, FläktGroup, Ebm-Papst, Polypipe Ventilation, Acme Fans, Air Systems Components, Zhejiang Shangfeng, Nanfang Ventilator, Hitachi, Twin City Fan, Cofimco, Howden, Johnson Controls, Loren Cook, Marathon, Patterson, Yilida, Mitsui Miike Machinery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Axial Fan Market Report Segments:
The global Axial Fan market is segmented on the basis of:
Types
Duct Axial Fan, Ceiling Axial Fan, Column / Wall Axial Fan, Other Types
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial, Other Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Greenheck
- Systemair
- Soler & Palau
- FläktGroup
- Ebm-Papst
- Polypipe Ventilation
- Acme Fans
- Air Systems Components
- Zhejiang Shangfeng
- Nanfang Ventilator
- Hitachi
- Twin City Fan
- Cofimco
- Howden
- Johnson Controls
- Loren Cook
- Marathon
- Patterson
- Yilida
- Mitsui Miike Machinery
Highlights of The Axial Fan Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Duct Axial Fan
- Ceiling Axial Fan
- Column / Wall Axial Fan
- Other Types
- By Application:
- Industrial
- Commercial
- Other Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Axial Fan Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An axial fan is a type of fan that uses an impeller to create air movement. This type of fan is often used in cases where a lot of air flow is needed, such as in computer cases or industrial applications.
Some of the major players in the axial fan market are Greenheck, Systemair, Soler & Palau, FlƒÂ¤ktGroup, Ebm-Papst, Polypipe Ventilation, Acme Fans, Air Systems Components, Zhejiang Shangfeng, Nanfang Ventilator, Hitachi, Twin City Fan, Cofimco, Howden, Johnson Controls, Loren Cook, Marathon, Patterson, Yilida, Mitsui Miike Machinery.
The axial fan market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Axial Fan Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Axial Fan Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Axial Fan Market - Supply Chain
4.5. Global Axial Fan Market Forecast
4.5.1. Axial Fan Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Axial Fan Market Size (000 Units) and Y-o-Y Growth
4.5.3. Axial Fan Market Absolute $ Opportunity
5. Global Axial Fan Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Axial Fan Market Size and Volume Forecast by Type
5.3.1. Duct Axial Fan
5.3.2. Ceiling Axial Fan
5.3.3. Column / Wall Axial Fan
5.3.4. Other Types
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Axial Fan Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Axial Fan Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Commercial
6.3.3. Other Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Axial Fan Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Axial Fan Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Axial Fan Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Axial Fan Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Axial Fan Demand Share Forecast, 2019-2026
9. North America Axial Fan Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Axial Fan Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Axial Fan Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Commercial
9.4.3. Other Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Axial Fan Market Size and Volume Forecast by Type
9.7.1. Duct Axial Fan
9.7.2. Ceiling Axial Fan
9.7.3. Column / Wall Axial Fan
9.7.4. Other Types
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Axial Fan Demand Share Forecast, 2019-2026
10. Latin America Axial Fan Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Axial Fan Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Axial Fan Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Commercial
10.4.3. Other Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Axial Fan Market Size and Volume Forecast by Type
10.7.1. Duct Axial Fan
10.7.2. Ceiling Axial Fan
10.7.3. Column / Wall Axial Fan
10.7.4. Other Types
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Axial Fan Demand Share Forecast, 2019-2026
11. Europe Axial Fan Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Axial Fan Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Axial Fan Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Commercial
11.4.3. Other Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Axial Fan Market Size and Volume Forecast by Type
11.7.1. Duct Axial Fan
11.7.2. Ceiling Axial Fan
11.7.3. Column / Wall Axial Fan
11.7.4. Other Types
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Poential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Axial Fan Demand Share, 2019-2026
12. Asia Pacific Axial Fan Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Axial Fan Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Axial Fan Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Commercial
12.4.3. Other Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Axial Fan Market Size and Volume Forecast by Type
12.7.1. Duct Axial Fan
12.7.2. Ceiling Axial Fan
12.7.3. Column / Wall Axial Fan
12.7.4. Other Types
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Axial Fan Demand Share, 2019-2026
13. Middle East & Africa Axial Fan Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Axial Fan Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Axial Fan Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Commercial
13.4.3. Other Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Axial Fan Market Size and Volume Forecast by Type
13.7.1. Duct Axial Fan
13.7.2. Ceiling Axial Fan
13.7.3. Column / Wall Axial Fan
13.7.4. Other Types
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Axial Fan Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Axial Fan Market: Market Share Analysis
14.2. Axial Fan Distributors and Customers
14.3. Axial Fan Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Greenheck
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Systemair
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Soler & Palau
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. FläktGroup
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ebm-Papst
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Polypipe Ventilation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Acme Fans
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Air Systems Components
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zhejiang Shangfeng
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nanfang Ventilator
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hitachi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Twin City Fan
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Cofimco
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Howden
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Johnson Controls
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Loren Cook
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Marathon
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Patterson
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Yilida
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Mitsui Miike Machinery
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
