Market Overview:
The global industrial ventilation fan market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for industrial ventilation fans from various end-use industries, such as automotive, manufacturing, papermaking, chemical industry and others. In addition, the growing awareness about energy efficiency and health & safety among consumers is also propelling the demand for industrial ventilation fans globally. Based on type, the global industrial ventilation fan market can be segmented into ceiling fan, wall-mounted fan and window-mounted fan. Among these segments, ceiling fans are expected to account for a major share of the global market in terms of revenue during the forecast period owing to their high adoption rate across various end-use industries. Wall-mounted fans are also witnessing high demand due to their low installation cost as compared to ceiling fans and window mounted fans. Based on application, automotive is estimated to account for a major share of revenue in 2018 followed by manufacturing sector in terms of value contribution over the forecast period owing rising concerns towards vehicular emissions globally coupled with stringent government regulations pertaining emission control measures across different countries worldwide .
Product Definition:
industrial ventilation fan is a fan designed for use in industrial applications, such as factories, foundries and other manufacturing environments. Industrial ventilation fans are typically much larger than domestic fans, and may be powered by electricity, gas or diesel engines. They are used to expel fumes, smoke or heat from the workplace.
Ceiling Fan:
A ceiling fan is a device that is used for cooling by creating air movement. The basic principle of operation of a ceiling fan is similar to the principles of air circulation in an electric shaver or an electric toothbrush. A small motor spun by a battery produces the rotating movement and this moving current creates airflow over the blades, which cools down the room.
Wall-Mounted Fan:
Wall-mounted fans are used to increase the air flow in industrial and commercial places. They are available in different sizes, shapes and can be fixed on any surface including glass, metal or concrete. The wall-mounted fan is a mechanical device that increases the speed of air movement by creating a wind current. It is mainly used for cooling or heating purposes but it can also be used for removing smoke from fireplaces or cooking fumes from an enclosed area.
Application Insights:
The automotive application segment accounted for the largest share of over 30.0% in 2017 and is projected to witness significant growth over the forecast period. The industry requires highly efficient ventilation fans, which are widely used in automobiles to maintain interior and exterior conditions suitable for quality manufacturing processes.
Automotive production accounts for a major share of global industrial ventilation fan demand owing to high product demand from various industries such as body shops, paint shops, glass replacement services, tire refurbishing facilities and others that require highly efficient equipment with low energy consumption levels. In addition, stringent government regulations regarding workplace safety coupled with increasing awareness about health hazards caused by improper machine maintenance are expected to drive the market 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 ventilation fans. China, India, Japan, South Korea and Taiwan are among the largest consumers of these products due to growing awareness regarding their benefits coupled with rising standards of living.
The Middle East & Africa is anticipated to be one of the fastest-growing regions over the forecast period owing to a rise in construction activities coupled with expanding automotive industry across countries such as Saudi Arabia and UAE. Moreover, Qatar’s 2022 FIFA World Cup will take place during summer season resulting in increased demand for cooling devices such as ventilation fans throughout country’s capital city Doha.
North America accounted for more than 20% share of global revenue in 2017 owing to high product penetration across U.S.
Growth Factors:
- Increasing demand from the construction industry for ventilation fans for new buildings and renovation projects
- Growing popularity of energy-efficient ventilation fans that consume less power
- Proliferation of data centers and other large commercial facilities, which require powerful industrial ventilation fans for cooling purposes
- Rising awareness about the importance of indoor air quality and the role of ventilation fans in maintaining it
- Emerging markets such as China and India offer significant growth potential for industrial ventilation fan manufacturers
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Ventilation Fan Market Research Report
By Type
Ceiling Fan, Wall-Mounted Fan, Window-Mounted Fan
By Application
Automotive, manufacturing, papermaking, Chemical Industry, Others
By Companies
Panasonic, Broan-NuTone, Delta Product, Zehnderd, Systemair, Vent-Axia, Airflow Developments, Suncourt, Titon, Polypipe Ventilation, Weihe, Jinling, Airmate, GENUIN, Nedfon, Feidiao
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Ventilation Fan Market Report Segments:
The global Industrial Ventilation Fan market is segmented on the basis of:
Types
Ceiling Fan, Wall-Mounted Fan, Window-Mounted Fan
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
Automotive, manufacturing, papermaking, Chemical 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:
- Panasonic
- Broan-NuTone
- Delta Product
- Zehnderd
- Systemair
- Vent-Axia
- Airflow Developments
- Suncourt
- Titon
- Polypipe Ventilation
- Weihe
- Jinling
- Airmate
- GENUIN
- Nedfon
- Feidiao
Highlights of The Industrial Ventilation 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:
- Ceiling Fan
- Wall-Mounted Fan
- Window-Mounted Fan
- By Application:
- Automotive
- manufacturing
- papermaking
- Chemical Industry
- 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 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
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?
Industrial ventilation fans are used to move air in and out of factories, warehouses, and other industrial facilities. They are also used to cool rooms or buildings.
Some of the key players operating in the industrial ventilation fan market are Panasonic, Broan-NuTone, Delta Product, Zehnderd, Systemair, Vent-Axia, Airflow Developments, Suncourt, Titon, Polypipe Ventilation, Weihe, Jinling, Airmate, GENUIN, Nedfon, Feidiao.
The industrial ventilation fan market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Ventilation 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 Ventilation 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 Ventilation Fan Market - Supply Chain
4.5. Global Industrial Ventilation Fan Market Forecast
4.5.1. Industrial Ventilation Fan Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Ventilation Fan Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Ventilation Fan Market Absolute $ Opportunity
5. Global Industrial Ventilation 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 Ventilation Fan Market Size and Volume Forecast by Type
5.3.1. Ceiling Fan
5.3.2. Wall-Mounted Fan
5.3.3. Window-Mounted Fan
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Ventilation 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 Ventilation Fan Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. manufacturing
6.3.3. papermaking
6.3.4. Chemical Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Ventilation 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 Ventilation 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 Ventilation 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 Ventilation 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 Ventilation Fan Demand Share Forecast, 2019-2026
9. North America Industrial Ventilation 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 Ventilation 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 Ventilation Fan Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. manufacturing
9.4.3. papermaking
9.4.4. Chemical Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Ventilation Fan Market Size and Volume Forecast by Type
9.7.1. Ceiling Fan
9.7.2. Wall-Mounted Fan
9.7.3. Window-Mounted Fan
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 Ventilation Fan Demand Share Forecast, 2019-2026
10. Latin America Industrial Ventilation 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 Ventilation 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 Ventilation Fan Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. manufacturing
10.4.3. papermaking
10.4.4. Chemical Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Ventilation Fan Market Size and Volume Forecast by Type
10.7.1. Ceiling Fan
10.7.2. Wall-Mounted Fan
10.7.3. Window-Mounted Fan
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 Ventilation Fan Demand Share Forecast, 2019-2026
11. Europe Industrial Ventilation 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 Ventilation 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 Ventilation Fan Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. manufacturing
11.4.3. papermaking
11.4.4. Chemical Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Ventilation Fan Market Size and Volume Forecast by Type
11.7.1. Ceiling Fan
11.7.2. Wall-Mouned Fan
11.7.3. Window-Mounted Fan
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 Industrial Ventilation Fan Demand Share, 2019-2026
12. Asia Pacific Industrial Ventilation 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 Ventilation 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 Ventilation Fan Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. manufacturing
12.4.3. papermaking
12.4.4. Chemical Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Ventilation Fan Market Size and Volume Forecast by Type
12.7.1. Ceiling Fan
12.7.2. Wall-Mounted Fan
12.7.3. Window-Mounted Fan
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 Ventilation Fan Demand Share, 2019-2026
13. Middle East & Africa Industrial Ventilation 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 Ventilation 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 Ventilation Fan Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. manufacturing
13.4.3. papermaking
13.4.4. Chemical Industry
13.4.5. 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 Ventilation Fan Market Size and Volume Forecast by Type
13.7.1. Ceiling Fan
13.7.2. Wall-Mounted Fan
13.7.3. Window-Mounted Fan
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 Ventilation Fan Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Ventilation Fan Market: Market Share Analysis
14.2. Industrial Ventilation Fan Distributors and Customers
14.3. Industrial Ventilation Fan Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Panasonic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Broan-NuTone
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Delta Product
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zehnderd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Systemair
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Vent-Axia
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Airflow Developments
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Suncourt
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Titon
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Polypipe Ventilation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Weihe
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jinling
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Airmate
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. GENUIN
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Nedfon
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Feidiao
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
