Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Axial Ventilation Fan Market by Type (Metal, Plastic), By Application (Industrial, Commercial, Residential) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Axial Ventilation Fan Market by Type (Metal, Plastic), By Application (Industrial, Commercial, Residential) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 363382 4200 Machinery & Equipment 377 186 Pages 5 (30)
                                          

Market Overview:


The global axial ventilation 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 energy-efficient and low-noise fans across different applications, such as industrial, commercial, and residential sectors. In addition, the growing awareness about indoor air quality is also propelling the demand for axial ventilation fans globally. Based on type, metal fans are expected to dominate the global axial ventilation fan market during the forecast period owing to their high efficiency and durability as compared to plastic fans. However, plastic fans are witnessing a higher growth rate due their low cost and easy installation process as compared to metal fans. Based on application, industrial sector is expected to account for majority of share in terms of revenue in 2018 followed by commercial sector; however, commercial sector is projected witness highest CAGR over the forecast period owing increasing number of shopping malls.


Global Axial Ventilation Fan Industry Outlook


Product Definition:


Axial ventilation fans are used to move large volumes of air in a short period of time. They are often used in factories and other industrial settings to remove fumes or heat from the area.


Metal:


Metal is a material that exhibits special properties due to its high atomic number and low electron count. The metal category includes copper, aluminum, iron, steel and others. Iron has the highest share in the global metal market followed by steel; however, demand for aluminum is increasing rapidly on account of its lightweight property which makes it suitable for use in various industries including transportation industry.


Plastic:


Plastic is a widely used material in the manufacturing of ventilation fans. It is available in various forms such as sheets, tubes, films and fabrics. The most commonly used plastic for making ventilation fans includes polypropylene (PP), polyethylene terephthalate (PET), and high-density polyethylene (HDPE). Plastic provides strength to the structure of an axial ventilation fan which can be easily damaged by corrosion or rusting metal components.


Application Insights:


Industrial applications accounted for the largest share of over 50% in 2017. The demand is expected to be driven by the growing industrial sector, especially in developing countries such as China and India. In addition, increasing focus on healthcare development along with rising awareness regarding better ventilation facilities is anticipated to propel industry growth over the forecast period.


Commercial applications are projected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in commercial construction activities across various regions including North America and Europe. Moreover, hospitals are also one of the major consumers due to high demand for advanced ventilation equipment that meets quality standards set by regulatory authorities such as Centers for Disease Control and Prevention (CDC) and Ministry of Health (MOH).


Regional Analysis:


North America dominated the global market in 2017 owing to the high rate of awareness regarding advanced ventilation techniques, presence of well-established healthcare facilities and availability of highly skilled doctors. Moreover, increasing number of product launches by key players is expected to drive the regional market over the forecast period.


Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising demand for energy-efficient products in commercial and industrial applications along with their installation in large buildings such as hospitals, shopping malls and factories. Increasing construction activities due to growing population are also likely boost product demand across this region.


Growth Factors:


  • Increasing demand for energy-efficient appliances
  • Rising awareness about the benefits of axial ventilation fans
  • Growing popularity of smart homes and home automation systems
  • Proliferation of online retail platforms and e-commerce websites
  • Advances in technology that have led to the development of more advanced and efficient axial ventilation fans

Scope Of The Report

Report Attributes

Report Details

Report Title

Axial Ventilation Fan Market Research Report

By Type

Metal, Plastic

By Application

Industrial, Commercial, Residential

By Companies

Delta Electronics, Inc., Fuji Electric Co., Ltd., Havells India Ltd., Mitsubishi Electric Corporation, Panasonic Corporation, Rexnord Electronic & Control Ltd., Surya Roshni Ltd., Systemair AB, Volution Group Plc.

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

186

Number of Tables & Figures

131

Customization Available

Yes, the report can be customized as per your need.


Global Axial Ventilation Fan Market Report Segments:

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

Types

Metal, Plastic

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, Residential

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. Delta Electronics, Inc.
  2. Fuji Electric Co., Ltd.
  3. Havells India Ltd.
  4. Mitsubishi Electric Corporation
  5. Panasonic Corporation
  6. Rexnord Electronic & Control Ltd.
  7. Surya Roshni Ltd.
  8. Systemair AB
  9. Volution Group Plc.

Global Axial Ventilation Fan Market Overview


Highlights of The Axial Ventilation 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. Metal
    2. Plastic
  1. By Application:

    1. Industrial
    2. Commercial
    3. Residential
  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 Ventilation 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 Ventilation 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 ventilation fans are used to distribute air in a room. They have a central shaft that is surrounded by several blades that create an airstream. This airstream moves the air around the room, distributing it evenly.

Some of the major players in the axial ventilation fan market are Delta Electronics, Inc., Fuji Electric Co., Ltd., Havells India Ltd., Mitsubishi Electric Corporation, Panasonic Corporation, Rexnord Electronic & Control Ltd., Surya Roshni Ltd., Systemair AB, Volution Group Plc..

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

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Axial Ventilation Fan Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Axial Ventilation Fan Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Axial Ventilation Fan Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Axial Ventilation Fan Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Axial Ventilation Fan Market Size & Forecast, 2020-2028       4.5.1 Axial Ventilation Fan Market Size and Y-o-Y Growth       4.5.2 Axial Ventilation Fan Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Metal
      5.2.2 Plastic
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Industrial
      6.2.2 Commercial
      6.2.3 Residential
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Axial Ventilation Fan Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Axial Ventilation Fan Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Metal
      9.6.2 Plastic
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Industrial
      9.10.2 Commercial
      9.10.3 Residential
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Metal
      10.6.2 Plastic
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Industrial
      10.10.2 Commercial
      10.10.3 Residential
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Metal
      11.6.2 Plastic
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Industrial
      11.10.2 Commercial
      11.10.3 Residential
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Metal
      12.6.2 Plastic
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Industrial
      12.10.2 Commercial
      12.10.3 Residential
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size 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 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Metal
      13.6.2 Plastic
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Industrial
      13.10.2 Commercial
      13.10.3 Residential
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Axial Ventilation Fan Market: Competitive Dashboard
   14.2 Global Axial Ventilation Fan Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Delta Electronics, Inc.
      14.3.2 Fuji Electric Co., Ltd.
      14.3.3 Havells India Ltd.
      14.3.4 Mitsubishi Electric Corporation
      14.3.5 Panasonic Corporation
      14.3.6 Rexnord Electronic & Control Ltd.
      14.3.7 Surya Roshni Ltd.
      14.3.8 Systemair AB
      14.3.9 Volution Group Plc.

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