Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Axial Fan Market by Type (Duct Axial Fan, Ceiling Axial Fan, Column / Wall Axial Fan, Other Types), By Application (Industrial, Commercial, Other Applications) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Axial Fan Market by Type (Duct Axial Fan, Ceiling Axial Fan, Column / Wall Axial Fan, Other Types), By Application (Industrial, Commercial, Other Applications) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 155250 3300 Machinery & Equipment 377 246 Pages 4.9 (31)

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.

Global Axial Fan Industry Outlook

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


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. Greenheck
  2. Systemair
  3. Soler & Palau
  4. FläktGroup
  5. Ebm-Papst
  6. Polypipe Ventilation
  7. Acme Fans
  8. Air Systems Components
  9. Zhejiang Shangfeng
  10. Nanfang Ventilator
  11. Hitachi
  12. Twin City Fan
  13. Cofimco
  14. Howden
  15. Johnson Controls
  16. Loren Cook
  17. Marathon
  18. Patterson
  19. Yilida
  20. Mitsui Miike Machinery

Global Axial Fan Market Overview

Highlights of The Axial Fan Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Duct Axial Fan
    2. Ceiling Axial Fan
    3. Column / Wall Axial Fan
    4. Other Types
  1. By Application:

    1. Industrial
    2. Commercial
    3. Other Applications
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Axial Fan Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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 Overview Financials Developments Strategic Outlook
      14.4.2. Systemair Overview Financials Developments Strategic Outlook
      14.4.3. Soler & Palau Overview Financials Developments Strategic Outlook
      14.4.4. FläktGroup Overview Financials Developments Strategic Outlook
      14.4.5. Ebm-Papst Overview Financials Developments Strategic Outlook
      14.4.6. Polypipe Ventilation Overview Financials Developments Strategic Outlook
      14.4.7. Acme Fans Overview Financials Developments Strategic Outlook
      14.4.8. Air Systems Components Overview Financials Developments Strategic Outlook
      14.4.9. Zhejiang Shangfeng Overview Financials Developments Strategic Outlook
      14.4.10. Nanfang Ventilator Overview Financials Developments Strategic Outlook
      14.4.11. Hitachi Overview Financials Developments Strategic Outlook
      14.4.12. Twin City Fan Overview Financials Developments Strategic Outlook
      14.4.13. Cofimco Overview Financials Developments Strategic Outlook
      14.4.14. Howden Overview Financials Developments Strategic Outlook
      14.4.15. Johnson Controls Overview Financials Developments Strategic Outlook
      14.4.16. Loren Cook Overview Financials Developments Strategic Outlook
      14.4.17. Marathon Overview Financials Developments Strategic Outlook
      14.4.18. Patterson Overview Financials Developments Strategic Outlook
      14.4.19. Yilida Overview Financials Developments Strategic Outlook
      14.4.20. Mitsui Miike Machinery Overview Financials Developments Strategic Outlook

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