Market Overview:
The global industrial exhaust fan market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and environment-friendly equipment, growing awareness about industrial exhaust fans among end users, and rising investments in manufacturing industries. Based on type, the global industrial exhaust fan market is segmented into centrifugal fans, axial fans, and others. Centrifugal fans are expected to account for the largest share of the global industrial exhaust fan market in 2018 owing to their high efficiency and low noise levels. Based on application, commercial buildings are expected to account for the largest share of the global industrial exhaust fan market in 2018 followed byindustrial factories. The growth in this segment can be attributedtothe increasing demand from developing countries for commercial buildings such as malls, hospitals, hotels etc., which leads tobetter infrastructure developmentand an increasein employment opportunities.
Product Definition:
An industrial exhaust fan is a large, powerful fan used to move air out of a building or area. This type of fan is often used in factories, warehouses, and other industrial settings to remove heat and fumes from the area. Industrial exhaust fans can be mounted in the roof or wall of a building and can be either belt-driven or direct-drive.
Centrifugal Fans:
Centrifugal fans are used for moving air in ducts and air conditioning systems. They are available in two forms, namely low profile and high profile. The basic principle on which they operate is that of a spinning rotor, which creates a vacuum by drawing air into its blades through the central hub. These products find application across several industries including power generation, oil & gas extraction, automotive & transportation and food processing among others.
Axial Fans:
Axial fans are used in industrial exhaust fan applications to provide high static pressure. Axial fans have a greater capacity than centrifugal and dynamic flow of air is more directed than the radial flow. The axial fan has blades that are fixed at both ends, which creates a uniform airflow and reduces turbulence.
The primary benefit offered by an axial exhaust fan is its ability to deliver air with less turbulence, thereby increasing the amount of waste heat removed from the system.
Application Insights:
The others application segment includes residential buildings, offices, educational institutions and healthcare facilities. The demand for the product in this application is expected to witness growth owing to its use in ventilation systems of these buildings. In addition, the demand for exhaust fans in commercial buildings is expected to grow at a significant rate over the forecast period due to its increasing use as an air circulation device.
Industrial factories are one of the largest consumers of industrial exhaust fans due fan failure or breakdowns which may lead to production losses and other associated costs if not addressed properly. This factor is anticipated to drive product demand from industrial factories over the forecast period as they are increasingly adopting safety standards required by various regulatory bodies across regions coupled with rising health concerns regarding employee exposure towards harmful substances (e-fuels, paints etc.) being produced during manufacturing processes will further increase their interest towards installing such devices within their premises thereby driving industry growth over the coming years.
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 resulted in an increasing demand for efficient exhaust systems. China, India, Japan, South Korea are some of the prominent countries that have adopted this technology at a large scale owing to its benefits over other conventional methods.
The Middle East & Africa is anticipated to be one of the fastest-growing regions during the forecast period owing to rising government initiatives for adopting energy-efficient technologies across various industries especially oil & gas and mining sectors in Saudi Arabia and UAE. Furthermore, growing construction activities due to population growth are expected drive product demand further over next eight years.
North America accounted for more than 20% share of global revenue in 2017 on account of high penetration rates observed within U.S.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing awareness about the benefits of using industrial exhaust fans for better air quality
- Rising concerns over energy efficiency and sustainability
- Technological advancements that have led to the development of more efficient and durable fans
- The growing popularity of green buildings, which require exhaust fans for ventilation
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Exhaust Fan Market Research Report
By Type
Centrifugal Fans, Axial Fans, Others
By Application
Commercial Buildings, Industrial Factories, Others
By Companies
Greenheck, Twin City Fan, Howden, Systemair, Soler & Palau, Johnson Controls, Loren Cook, Ventmeca, Air Systems Components, Nortek, Polypipe Ventilation, Zhejiang Shangfeng, Yilida, Munters, Volution, ACTOM, Nanfang Ventilator, Cincinnati Fan, Greenwood Airvac, Robinson Fans, Marathon, Vortice, Maico, Airflow Developments
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Exhaust Fan Market Report Segments:
The global Industrial Exhaust Fan market is segmented on the basis of:
Types
Centrifugal Fans, Axial Fans, 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.
Applications
Commercial Buildings, Industrial Factories, 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:
- Greenheck
- Twin City Fan
- Howden
- Systemair
- Soler & Palau
- Johnson Controls
- Loren Cook
- Ventmeca
- Air Systems Components
- Nortek
- Polypipe Ventilation
- Zhejiang Shangfeng
- Yilida
- Munters
- Volution
- ACTOM
- Nanfang Ventilator
- Cincinnati Fan
- Greenwood Airvac
- Robinson Fans
- Marathon
- Vortice
- Maico
- Airflow Developments
Highlights of The Industrial Exhaust 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:
- Centrifugal Fans
- Axial Fans
- Others
- By Application:
- Commercial Buildings
- Industrial Factories
- Others
- 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 Industrial Exhaust 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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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 industrial exhaust fan is a device used to remove smoke, fumes, and other pollutants from an industrial or commercial setting.
Some of the major companies in the industrial exhaust fan market are Greenheck, Twin City Fan, Howden, Systemair, Soler & Palau, Johnson Controls, Loren Cook, Ventmeca, Air Systems Components, Nortek, Polypipe Ventilation, Zhejiang Shangfeng, Yilida, Munters, Volution, ACTOM, Nanfang Ventilator, Cincinnati Fan, Greenwood Airvac, Robinson Fans, Marathon, Vortice, Maico, Airflow Developments.
The industrial exhaust 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. Industrial Exhaust 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. Industrial Exhaust Fan Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Exhaust Fan Market - Supply Chain
4.5. Global Industrial Exhaust Fan Market Forecast
4.5.1. Industrial Exhaust Fan Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Exhaust Fan Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Exhaust Fan Market Absolute $ Opportunity
5. Global Industrial Exhaust 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. Industrial Exhaust Fan Market Size and Volume Forecast by Type
5.3.1. Centrifugal Fans
5.3.2. Axial Fans
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Exhaust 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. Industrial Exhaust Fan Market Size and Volume Forecast by Application
6.3.1. Commercial Buildings
6.3.2. Industrial Factories
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Exhaust 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. Industrial Exhaust 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 Industrial Exhaust 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. Industrial Exhaust 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 Industrial Exhaust Fan Demand Share Forecast, 2019-2026
9. North America Industrial Exhaust 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 Industrial Exhaust 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 Industrial Exhaust Fan Market Size and Volume Forecast by Application
9.4.1. Commercial Buildings
9.4.2. Industrial Factories
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Exhaust Fan Market Size and Volume Forecast by Type
9.7.1. Centrifugal Fans
9.7.2. Axial Fans
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 Industrial Exhaust Fan Demand Share Forecast, 2019-2026
10. Latin America Industrial Exhaust 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 Industrial Exhaust 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 Industrial Exhaust Fan Market Size and Volume Forecast by Application
10.4.1. Commercial Buildings
10.4.2. Industrial Factories
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Exhaust Fan Market Size and Volume Forecast by Type
10.7.1. Centrifugal Fans
10.7.2. Axial Fans
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 Industrial Exhaust Fan Demand Share Forecast, 2019-2026
11. Europe Industrial Exhaust 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 Industrial Exhaust 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 Industrial Exhaust Fan Market Size and Volume Forecast by Application
11.4.1. Commercial Buildings
11.4.2. Industrial Factories
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Exhaust Fan Market Size and Volume Forecast by Type
11.7.1. Centrifugal Fans
11.7.2. Axial Fans
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Gowth 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 Industrial Exhaust Fan Demand Share, 2019-2026
12. Asia Pacific Industrial Exhaust 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 Industrial Exhaust 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 Industrial Exhaust Fan Market Size and Volume Forecast by Application
12.4.1. Commercial Buildings
12.4.2. Industrial Factories
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Exhaust Fan Market Size and Volume Forecast by Type
12.7.1. Centrifugal Fans
12.7.2. Axial Fans
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 Industrial Exhaust Fan Demand Share, 2019-2026
13. Middle East & Africa Industrial Exhaust 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 Industrial Exhaust 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 Industrial Exhaust Fan Market Size and Volume Forecast by Application
13.4.1. Commercial Buildings
13.4.2. Industrial Factories
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Exhaust Fan Market Size and Volume Forecast by Type
13.7.1. Centrifugal Fans
13.7.2. Axial Fans
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 Industrial Exhaust Fan Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Exhaust Fan Market: Market Share Analysis
14.2. Industrial Exhaust Fan Distributors and Customers
14.3. Industrial Exhaust 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. Twin City Fan
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Howden
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Systemair
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Soler & Palau
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Johnson Controls
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Loren Cook
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ventmeca
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Air Systems Components
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nortek
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Polypipe Ventilation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhejiang Shangfeng
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Yilida
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Munters
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Volution
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. ACTOM
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Nanfang Ventilator
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Cincinnati Fan
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Greenwood Airvac
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Robinson Fans
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
