Market Overview:
The global mechanical fans 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 cooling systems in various applications, such as climate control, machinery cooling systems, and fume extraction. In addition, the growing demand for electric vehicles is also contributing to the growth of the global mechanical fans market. The clutch fan segment is expected to dominate the global mechanical fans market during the forecast period from 2018 to 2030. This segment accounted for a share of more than 60% of the total market in 2017 and is projected to grow at a CAGR of 5.8% duringthe forecast period from 2018to2030.
Product Definition:
A mechanical fan is a device used to create flow within a fluid, typically a gas such as air. A fan consists of a rotating arrangement of vanes or blades which act on the air.
Clutch Fans:
Clutch fans are used to control the speed of a mechanical fan. It is an alternative to using a switch, which can turn on or off the power supply to the motor. A clutch fan has two blades and is usually placed between a power source and its drive system.
Flex Fans:
Flex fans are flexible blades that can be bent, rolled and shaped to follow the shape of any component. They are widely used in industrial applications as they provide high air movement with low pressure drop. Flexible fans have a wide range of applications including cooling computer systems, cooling electronic equipment such as mobiles & tablets, car washing machines & dryers and home appliances such as air conditioners & heat pumps.
Application Insights:
The climate control segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to the rising demand for air conditioning across commercial spaces, offices and homes. Furthermore, technological advancements such as digital temperature controls that operate on a microprocessor are further driving the demand for mechanical fans. These aforementioned factors are expected to drive product demand over the forecast period.
The machinery cooling systems segment is anticipated to witness significant growth over the forecast period owing to increasing industrial production across various economies including China, India and Japan along with growing energy costs has driven manufacturers of industrial machines & equipment towards adopting these products as they provide effective heat dissipation while keeping noise levels low which is likely to propel market growth over next seven years or so.
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 increased demand for machinery cooling systems. Moreover, countries such as China and India are among the top consumers of fans owing to increasing demand from industries including food & beverage, pharmaceuticals, metal processing and others.
The North America market was valued at USD X million in 2017. The growth can be attributed to growing adoption of energy-efficient technologies by manufacturers operating within the region as well as across other regions worldwide.
Growth Factors:
- Increasing demand for air conditioning in residential and commercial sectors
- Rising awareness about the benefits of using mechanical fans for cooling purposes
- Growing popularity of ceiling fans as a cost-effective way to cool down large spaces
- Proliferation of Internet of Things (IoT) devices that can be used to control fan speed and operation remotely
- Development of more energy-efficient mechanical fan designs that consume less power
Scope Of The Report
Report Attributes
Report Details
Report Title
Mechanical Fans Market Research Report
By Type
Clutch Fans, Flex Fans, Others
By Application
Climate Control, Machinery Cooling Systems, Fume Extraction, Others
By Companies
Howden Home, Loren Cook Company, TPI Corporation, Texas Air Products
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Mechanical Fans Market Report Segments:
The global Mechanical Fans market is segmented on the basis of:
Types
Clutch Fans, Flex 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
Climate Control, Machinery Cooling Systems, Fume Extraction, 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:
- Howden Home
- Loren Cook Company
- TPI Corporation
- Texas Air Products
Highlights of The Mechanical Fans 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:
- Clutch Fans
- Flex Fans
- Others
- By Application:
- Climate Control
- Machinery Cooling Systems
- Fume Extraction
- 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 Mechanical Fans 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?
Mechanical fans are devices that use blades, paddles, or a combination of both to create airflow. They can be used in a variety of applications, including computers and appliances.
Some of the key players operating in the mechanical fans market are Howden Home, Loren Cook Company, TPI Corporation, Texas Air Products.
The mechanical fans market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mechanical Fans 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. Mechanical Fans Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mechanical Fans Market - Supply Chain
4.5. Global Mechanical Fans Market Forecast
4.5.1. Mechanical Fans Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mechanical Fans Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mechanical Fans Market Absolute $ Opportunity
5. Global Mechanical Fans 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. Mechanical Fans Market Size and Volume Forecast by Type
5.3.1. Clutch Fans
5.3.2. Flex Fans
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mechanical Fans 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. Mechanical Fans Market Size and Volume Forecast by Application
6.3.1. Climate Control
6.3.2. Machinery Cooling Systems
6.3.3. Fume Extraction
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mechanical Fans 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. Mechanical Fans 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 Mechanical Fans 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. Mechanical Fans 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 Mechanical Fans Demand Share Forecast, 2019-2026
9. North America Mechanical Fans 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 Mechanical Fans 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 Mechanical Fans Market Size and Volume Forecast by Application
9.4.1. Climate Control
9.4.2. Machinery Cooling Systems
9.4.3. Fume Extraction
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mechanical Fans Market Size and Volume Forecast by Type
9.7.1. Clutch Fans
9.7.2. Flex 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 Mechanical Fans Demand Share Forecast, 2019-2026
10. Latin America Mechanical Fans 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 Mechanical Fans 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 Mechanical Fans Market Size and Volume Forecast by Application
10.4.1. Climate Control
10.4.2. Machinery Cooling Systems
10.4.3. Fume Extraction
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mechanical Fans Market Size and Volume Forecast by Type
10.7.1. Clutch Fans
10.7.2. Flex 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 Mechanical Fans Demand Share Forecast, 2019-2026
11. Europe Mechanical Fans 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 Mechanical Fans 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 Mechanical Fans Market Size and Volume Forecast by Application
11.4.1. Climate Control
11.4.2. Machinery Cooling Systems
11.4.3. Fume Extraction
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mechanical Fans Market Size and Volume Forecast by Type
11.7.1. Clutch Fans
11.7.2. Flex Fans
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 Mechanical Fans Demand Share, 2019-2026
12. Asia Pacific Mechanical Fans 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 Mechanical Fans 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 Mechanical Fans Market Size and Volume Forecast by Application
12.4.1. Climate Control
12.4.2. Machinery Cooling Systems
12.4.3. Fume Extraction
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mechanical Fans Market Size and Volume Forecast by Type
12.7.1. Clutch Fans
12.7.2. Flex 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 Mechanical Fans Demand Share, 2019-2026
13. Middle East & Africa Mechanical Fans 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 Mechanical Fans 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 Mechanical Fans Market Size and Volume Forecast by Application
13.4.1. Climate Control
13.4.2. Machinery Cooling Systems
13.4.3. Fume Extraction
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mechanical Fans Market Size and Volume Forecast by Type
13.7.1. Clutch Fans
13.7.2. Flex 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 Mechanical Fans Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mechanical Fans Market: Market Share Analysis
14.2. Mechanical Fans Distributors and Customers
14.3. Mechanical Fans Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Howden Home
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Loren Cook Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TPI Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Texas Air Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
