Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Axial Flow Fan Market by Type (Explosion-proof Fan, Anti-corrosion Fan, Others), By Application (Metallurgical Industry, Chemical Industry, Food Industry, Medical Industry, Machine Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Axial Flow Fan Market by Type (Explosion-proof Fan, Anti-corrosion Fan, Others), By Application (Metallurgical Industry, Chemical Industry, Food Industry, Medical Industry, Machine Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156216 3300 Machinery & Equipment 377 236 Pages 4.5 (43)

Market Overview:

The global axial flow fan market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for axial flow fans from various end-use industries, such as metallurgical industry, chemical industry, food industry, medical industry and machine industry. In addition, the growing demand for energy-efficient and eco-friendly fans is also contributing to the growth of this market. Based on type, the global axial flow fan market can be segmented into explosion-proof fan, anti-corrosion fan and others. The explosion proof fan segment is expected to grow at a higher CAGR during the forecast period owing to its increasing demand from various end-use industries that operate in hazardous environments. Based on application, the global axial flow fan market can be divided into metallurgical industry, chemical industry, food industry medical industrial machine industrial and others segments. The metallurgical sector accounted for majority share of revenue generated by this application segment in 2017 and is projected witness highest growth rate over next few years due rising investments by key players operating in this sector across different regions worldwide Metallurgical applications include steel production (blast furnace), copper production (smelting furnace) aluminum production (hall–Héroult process), zinc production (roasting furnace) lead production (leaching plant) nickelproduction(electrowinning cell).

Global Axial Flow Fan Industry Outlook

Product Definition:

Axial flow fan is a device which uses an impeller to produce a high-velocity airflow. This type of fan is used in many different applications, such as HVAC systems, exhaust fans, and process ventilation. The importance of axial flow fans lies in their ability to move large volumes of air at relatively low pressures.

Explosion-proof Fan:

Explosion-proof fan is a type of blower which has been designed to withstand high pressure and gaseous environments. It’s primary function is to move air over the explosion area in an oil & gas wellhead where the flow of explosive mixture can be kept under control. The product also finds its application in mining, chemical plants, petrochemical industries and refineries among others.

Anti-corrosion Fan:

The anti-corrosion fan is used to increase the airflow in the combustion engine. The air that passes through this device helps cool down the hot spots and prevent them from rusting. It also increases cooling efficiency by removing heat from exhaust systems, which further reduces engine corrosion.

Application Insights:

The metallurgical industry was the largest application segment in 2017 and accounted for over 30% of the global market share. Metallurgical axial flow fans are widely used in coal, copper, lead and other smelters to remove harmful gases such as oxides of sulfur, carbon monoxide, and hydrogen sulfide from the flue gas. The chemical industry is anticipated to be one of the fastest-growing segments over the forecast period owing to increasing demand for chemicals across various end-use industries including automotive & transportation.

Axial flow fans are extensively used in food processing plants as well as pharmaceutical industries due to their ability to provide sufficient air circulation at a reasonable cost. Furthermore, they offer enhanced heat dissipation which reduces energy consumption by up to 20%. These products also have applications in medical laboratories where a combination of high reliability and durability along with advanced features offered by them makes them an ideal solution for laboratory ventilation requirements.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid industrialization, which has led to an increasing demand for axial fans. China, India, Japan, South Korea and Taiwan are among the largest consumers of these products owing to their rapidly expanding industries.

The Asia Pacific regional market is also characterized by high product demand from various application industries such as metallurgical industry (for metal cutting), chemical industry (for gas cleaning) and food & beverage industry (for food cooling). These factors have contributed significantly toward fan production in this region over the past few years. However, slow growth rates observed in some of the major economies such as Germany and France may hamper Europe’s growth prospects during the same period.

Growth Factors:

  • Increasing demand for energy-efficient axial flow fans from the industrial sector
  • Rising awareness about the benefits of using axial flow fans over traditional fans
  • Growing popularity of axial flow fans among residential consumers
  • Proliferation of online retail platforms that offer a wide range of axial flow fan models and variants at competitive prices
  • Technological advancements in the design and manufacturing of axial flow fans that result in higher performance and efficiency

Scope Of The Report

Report Attributes

Report Details

Report Title

Axial Flow Fan Market Research Report

By Type

Explosion-proof Fan, Anti-corrosion Fan, Others

By Application

Metallurgical Industry, Chemical Industry, Food Industry, Medical Industry, Machine Industry, Others

By Companies

Soler?Palau, Scalar, Pelonis Technologies, Air Control Industries (ACI), WITT?SOHN, Cincinnati Fan, Fantech, I.V.I. ITA?, Luwa, Ventech System, Industrial Gas Engineering (IGE), NOVENCO, NYBORG AS

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 Flow Fan Market Report Segments:

The global Axial Flow Fan market is segmented on the basis of:


Explosion-proof Fan, Anti-corrosion Fan, Others

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.


Metallurgical Industry, Chemical Industry, Food Industry, Medical Industry, Machine Industry, Others

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. Soler?Palau
  2. Scalar
  3. Pelonis Technologies
  4. Air Control Industries (ACI)
  6. Cincinnati Fan
  7. Fantech
  8. I.V.I. ITA?
  9. Luwa
  10. Ventech System
  11. Industrial Gas Engineering (IGE)

Global Axial Flow Fan Market Overview

Highlights of The Axial Flow 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. Explosion-proof Fan
    2. Anti-corrosion Fan
    3. Others
  1. By Application:

    1. Metallurgical Industry
    2. Chemical Industry
    3. Food Industry
    4. Medical Industry
    5. Machine Industry
    6. Others
  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 Flow 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 Flow 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?

Axial flow fans are a type of fan that uses air to move fluid or gas. They are often used in industrial settings to move large amounts of air or liquid.

Some of the major players in the axial flow fan market are Soler?Palau, Scalar, Pelonis Technologies, Air Control Industries (ACI), WITT?SOHN, Cincinnati Fan, Fantech, I.V.I. ITA?, Luwa, Ventech System, Industrial Gas Engineering (IGE), NOVENCO, NYBORG AS.

The axial flow fan market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Axial Flow 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 Flow 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 Flow Fan Market - Supply Chain
   4.5. Global Axial Flow Fan Market Forecast
      4.5.1. Axial Flow Fan Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Axial Flow Fan Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Axial Flow Fan Market Absolute $ Opportunity

5. Global Axial Flow 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 Flow Fan Market Size and Volume Forecast by Type
      5.3.1. Explosion-proof Fan
      5.3.2. Anti-corrosion Fan
      5.3.3. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Axial Flow 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 Flow Fan Market Size and Volume Forecast by Application
      6.3.1. Metallurgical Industry
      6.3.2. Chemical Industry
      6.3.3. Food Industry
      6.3.4. Medical Industry
      6.3.5. Machine Industry
      6.3.6. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Axial Flow 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 Flow 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 Flow 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 Flow 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 Flow Fan Demand Share Forecast, 2019-2026

9. North America Axial Flow 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 Flow 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 Flow Fan Market Size and Volume Forecast by Application
      9.4.1. Metallurgical Industry
      9.4.2. Chemical Industry
      9.4.3. Food Industry
      9.4.4. Medical Industry
      9.4.5. Machine Industry
      9.4.6. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Axial Flow Fan Market Size and Volume Forecast by Type
      9.7.1. Explosion-proof Fan
      9.7.2. Anti-corrosion Fan
      9.7.3. Others
   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 Flow Fan Demand Share Forecast, 2019-2026

10. Latin America Axial Flow 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 Flow 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 Flow Fan Market Size and Volume Forecast by Application
      10.4.1. Metallurgical Industry
      10.4.2. Chemical Industry
      10.4.3. Food Industry
      10.4.4. Medical Industry
      10.4.5. Machine Industry
      10.4.6. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Axial Flow Fan Market Size and Volume Forecast by Type
      10.7.1. Explosion-proof Fan
      10.7.2. Anti-corrosion Fan
      10.7.3. Others
   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 Flow Fan Demand Share Forecast, 2019-2026

11. Europe Axial Flow 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 Flow 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 Flow Fan Market Size and Volume Forecast by Application
      11.4.1. Metallurgical Industry
      11.4.2. Chemical Industry
      11.4.3. Food Industry
      11.4.4. Medical Industry
      11.4.5. Machine Industry
      11.4.6. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Axial Flow Fan Market Size and Volume Forecast by Type
      11.7.1. Explosion-proof Fan
      11.7.2. Anti-corrosion Fan
      11.7.3. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential 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 Flow Fan Demand Share, 2019-2026

12. Asia Pacific Axial Flow 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 Flow 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 Flow Fan Market Size and Volume Forecast by Application
      12.4.1. Metallurgical Industry
      12.4.2. Chemical Industry
      12.4.3. Food Industry
      12.4.4. Medical Industry
      12.4.5. Machine Industry
      12.4.6. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Axial Flow Fan Market Size and Volume Forecast by Type
      12.7.1. Explosion-proof Fan
      12.7.2. Anti-corrosion Fan
      12.7.3. Others
   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 Flow Fan Demand Share, 2019-2026

13. Middle East & Africa Axial Flow 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 Flow 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 Flow Fan Market Size and Volume Forecast by Application
      13.4.1. Metallurgical Industry
      13.4.2. Chemical Industry
      13.4.3. Food Industry
      13.4.4. Medical Industry
      13.4.5. Machine Industry
      13.4.6. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Axial Flow Fan Market Size and Volume Forecast by Type
      13.7.1. Explosion-proof Fan
      13.7.2. Anti-corrosion Fan
      13.7.3. Others
   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 Flow Fan Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Axial Flow Fan Market: Market Share Analysis
   14.2. Axial Flow Fan Distributors and Customers
   14.3. Axial Flow Fan Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Soler?Palau Overview Financials Developments Strategic Outlook
      14.4.2. Scalar Overview Financials Developments Strategic Outlook
      14.4.3. Pelonis Technologies Overview Financials Developments Strategic Outlook
      14.4.4. Air Control Industries (ACI) Overview Financials Developments Strategic Outlook
      14.4.5. WITT?SOHN Overview Financials Developments Strategic Outlook
      14.4.6. Cincinnati Fan Overview Financials Developments Strategic Outlook
      14.4.7. Fantech Overview Financials Developments Strategic Outlook
      14.4.8. I.V.I. ITA? Overview Financials Developments Strategic Outlook
      14.4.9. Luwa Overview Financials Developments Strategic Outlook
      14.4.10. Ventech System Overview Financials Developments Strategic Outlook
      14.4.11. Industrial Gas Engineering (IGE) Overview Financials Developments Strategic Outlook
      14.4.12. NOVENCO Overview Financials Developments Strategic Outlook
      14.4.13. NYBORG AS Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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