Market Overview:
The global duct axial 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. Additionally, the growing awareness about energy conservation is also propelling the demand for duct axial fans globally. Based on type, AC axial fans are expected to dominate the global duct axial fan market during the forecast period owing to their high efficiency and low noise levels as compared to DC axial fans. Based on application, industrial segment is anticipated to hold a major share of the global duct axial fan market during 2018–2030 owing its widespread use in various industries such as automotive, food & beverage, pharmaceuticals and others.
Product Definition:
A duct axial fan is a type of fan that is used to move air through ducts. It is important for moving air in ventilation and cooling systems.
AC Axial Fans:
AC axial fans is a type of air conditioner that uses the principle of centrifugal force for cooling. The bladeless oraxial fan has no physical connection to the radiator, instead it relies on airflow movement around the room due to its superior design. These types of products are usually used in places such as small offices, homes and shops where there is not enough space for a conventional AC unit.
DC Axial Fans:
DC axial fans are used in duct axial fan applications. DC axial fans have a high power to weight ratio and low wind speed rating. They are most suitable for applications where the flow rate is moderate and the static pressure is relatively low (below 0.5PA).
The main advantages of using DC axial fans include compact size, light weight, cost-effective solution, easy installation & maintenance.
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 segment is driven by factors such as increasing demand for air conditioning in industries, including automotive, metalworking, and food & beverage; coupled with rising disposable income among the working class population across developing countries such as China India and Brazil.
The commercial application segment was valued at USD 391.6 million in 2017 owing to growing construction activities across major cities worldwide coupled with an increase in number of shopping malls that require ducts fans for cooling purposes only.
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 growth in commercial and industrial sectors, which has led to an increase in demand for efficient cooling & ventilation systems. In addition, rising awareness regarding health issues caused due to high temperature conditions is anticipated to boost product demand further.
The growing population coupled with increasing urbanization across Asia Pacific countries such as China and India are likely to drive industry expansion over the next eight years. Furthermore, favorable government initiatives aimed at promoting investments from domestic as well as foreign players are projected to fuel market development during the forecast period.
Europe accounted for a significant share of revenue generated by axial fans globally owing their large-scale adoption across industries including HVAC & refrigeration, food processing plants, power generation facilities among others for maintaining proper working environment within organizations or factories thus boosting overall industry growth rate significantly over the coming years.
Growth Factors:
- Increasing demand for energy-efficient equipment in various industries
- Growing awareness about the benefits of using duct axial fans over other types of fans
- Rising investments in infrastructure development projects worldwide
- Technological advancements that have led to the development of more efficient and durable duct axial fans
- The increasing popularity of green buildings, which require more efficient ventilation systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Duct Axial Fan Market Research Report
By Type
AC Axial Fans, DC Axial Fans
By Application
Industrial, Commercial, Other Applications
By Companies
Greenheck, Systemair, Soler & Palau, 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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Duct Axial Fan Market Report Segments:
The global Duct Axial Fan market is segmented on the basis of:
Types
AC Axial Fans, DC Axial Fans
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
- 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 Duct 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:
- AC Axial Fans
- DC Axial Fans
- 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 Duct 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
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?
Duct axial fan is a type of air conditioning system that uses an axial flow of air to move the conditioned air. This type of system is often used in large buildings, such as hospitals and office buildings.
Some of the major players in the duct axial fan market are Greenheck, Systemair, Soler & Palau, 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 duct axial 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 Duct Axial 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 Duct Axial Fan Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Duct Axial 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 Duct Axial 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 Duct Axial Fan Market Size & Forecast, 2018-2028
4.5.1 Duct Axial Fan Market Size and Y-o-Y Growth
4.5.2 Duct Axial Fan Market Absolute $ Opportunity
Chapter 5 Global Duct Axial Fan 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 Duct Axial Fan Market Size Forecast by Type
5.2.1 AC Axial Fans
5.2.2 DC Axial Fans
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Duct Axial Fan 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 Duct Axial Fan Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Duct Axial 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 Duct Axial 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 Duct Axial Fan Analysis and Forecast
9.1 Introduction
9.2 North America Duct Axial Fan 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 Duct Axial Fan Market Size Forecast by Type
9.6.1 AC Axial Fans
9.6.2 DC Axial Fans
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 Duct Axial Fan Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Other Applications
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 Duct Axial Fan Analysis and Forecast
10.1 Introduction
10.2 Europe Duct Axial Fan 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 Duct Axial Fan Market Size Forecast by Type
10.6.1 AC Axial Fans
10.6.2 DC Axial Fans
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 Duct Axial Fan Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Other Applications
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 Duct Axial Fan Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Duct Axial Fan 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 Duct Axial Fan Market Size Forecast by Type
11.6.1 AC Axial Fans
11.6.2 DC Axial Fans
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 Duct Axial Fan Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Other Applications
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 Duct Axial Fan Analysis and Forecast
12.1 Introduction
12.2 Latin America Duct Axial Fan 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 Duct Axial Fan Market Size Forecast by Type
12.6.1 AC Axial Fans
12.6.2 DC Axial Fans
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 Duct Axial Fan Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Other Applications
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) Duct Axial Fan Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Duct Axial Fan 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) Duct Axial Fan Market Size Forecast by Type
13.6.1 AC Axial Fans
13.6.2 DC Axial Fans
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) Duct Axial Fan Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Other Applications
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 Duct Axial Fan Market: Competitive Dashboard
14.2 Global Duct Axial Fan Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Greenheck
14.3.2 Systemair
14.3.3 Soler & Palau
14.3.4 Ebm-Papst
14.3.5 Polypipe Ventilation
14.3.6 Acme Fans
14.3.7 Air Systems Components
14.3.8 Zhejiang Shangfeng
14.3.9 Nanfang Ventilator
14.3.10 Hitachi
14.3.11 Twin City Fan
14.3.12 Cofimco
14.3.13 Howden
14.3.14 Johnson Controls
14.3.15 Loren Cook
14.3.16 Marathon
14.3.17 Patterson
14.3.18 Yilida
14.3.19 Mitsui Miike Machinery
