Market Overview:
The global nuclear 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 new energy sources, especially in developing countries, and the growing need for power generation worldwide. In addition, the increasing investment in nuclear power plants is also contributing to the growth of this market. The global nuclear fan market can be segmented on the basis of type into nuclear grade fans and non-nuclear level fans. The non-nuclear level fans segment is expected to grow at a higher CAGR than that of the nuclear grade fan segment during the forecast period from 2018 to 2030. This can be attributed to their lower cost as compared with nuclear grade fans and their wide application in various end-use industries such as new energy, power generation, and others. On the basis of application,the global Nuclear Fan Market can be divided into three segments:new energy,power generation,,and other applications including oil & gas production facilities,.ThissegmentiscontributingtothegrowthoftheglobalNuclearFanMarketatthehighestCAGRof6%.
Product Definition:
A nuclear fan is a device that uses the energy released by a nuclear reaction to produce mechanical or electrical power. The importance of Nuclear Fan is that it can provide an alternative source of energy for electricity and other mechanical needs.
Nuclear Grade Fan:
Nuclear grade fan is used in nuclear power plants for the purpose of cooling. It is a mechanical device that aids in removing heat from the core and exhausts it through the turbine. The working principle of nuclear grade fan consists of two parts, namely heat transfer and pressure distribution. In case of any problem with either one, then there are possibilities to repair or replace it as per requirement by changing only few components like bearings or entire blades etc.
Non-Nuclear Level Fan:
Non-Nuclear Level Fan is a device used to decrease the pressure in a nuclear reactor. It works by decreasing the speed of the reactivity cycle and thus reduces thermal power production. The product has applications in both boiling water reactors (BWR) and pressurized water reactors (PWR).
Application Insights:
The other application segment includes the use of nuclear fans in various industries including oil & gas, petrochemical, metal & mining and chemical manufacturing. The power generation segment accounted for a major share in 2015 owing to the high demand from countries such as China, India and South Korea.
Power generation is one of the primary applications due to its ability to generate low-cost electricity along with providing clean energy. Nuclear power plants utilize pressurized water reactors (PWRs) that utilize boiling water reactors (BWRs) or light-water reactors (LWRs). These boilers are equipped with a turbine which drives an electrical generator resulting in zero emissions while generating electricity. This has resulted in increased demand for these products across several regions worldwide.
The New Energy Application sector was estimated at USD 446 million in 2016.
Regional Analysis:
The Asia Pacific held the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in nuclear power generation since 2010s, which is one of the major factors driving demand for nuclear grade fans. China and India are projected to be key contributors towards regional growth owing to increasing electricity demand from developing economies coupled with government support for establishing new units.
North America accounted for a significant market share in 2017 owing to high penetration of renewable energy sources such as wind and solar energy, which are not dependent on any source of fuel or outside element. Moreover, growing awareness regarding COVID-19 among people will also boost adoption rate of these fans over next few years.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Stringent environmental regulations for power plants that use traditional fuels such as coal
- Rising prices of oil and gas, which makes nuclear energy more economical
- Proliferation of nuclear technology and the increasing number of countries with nuclear reactors
- The development of small modular reactors (SMRs) that are cheaper and easier to build than traditional large-scale reactors
Scope Of The Report
Report Attributes
Report Details
Report Title
Nuclear Fan Market Research Report
By Type
Nuclear Grade Fan, Non-Nuclear Level Fan
By Application
New Energy, Power Generation, Other
By Companies
AEIB Ventilateurs, Howden, Nanfang Ventilator, ZHEJIANG SHANGFENG INDUSTRIAL HOLDINGS, Shanghai Blower Works, Zhejiang Dun'an Artificial Environment, Shenyang Blower Works, Shaanxi Blower (Group)
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Nuclear Fan Market Report Segments:
The global Nuclear Fan market is segmented on the basis of:
Types
Nuclear Grade Fan, Non-Nuclear Level 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
New Energy, Power Generation, Other
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:
- AEIB Ventilateurs
- Howden
- Nanfang Ventilator
- ZHEJIANG SHANGFENG INDUSTRIAL HOLDINGS
- Shanghai Blower Works
- Zhejiang Dun'an Artificial Environment
- Shenyang Blower Works
- Shaanxi Blower (Group)
Highlights of The Nuclear 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:
- Nuclear Grade Fan
- Non-Nuclear Level Fan
- By Application:
- New Energy
- Power Generation
- Other
- 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 Nuclear 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?
A nuclear fan is a device that uses the power of nuclear fusion to create a current of air. This current of air is used to create wind, which can be used for energy production.
Some of the major players in the nuclear fan market are AEIB Ventilateurs, Howden, Nanfang Ventilator, ZHEJIANG SHANGFENG INDUSTRIAL HOLDINGS, Shanghai Blower Works, Zhejiang Dun'an Artificial Environment, Shenyang Blower Works, Shaanxi Blower (Group).
The nuclear 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. Nuclear 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. Nuclear Fan Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nuclear Fan Market - Supply Chain
4.5. Global Nuclear Fan Market Forecast
4.5.1. Nuclear Fan Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nuclear Fan Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nuclear Fan Market Absolute $ Opportunity
5. Global Nuclear 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. Nuclear Fan Market Size and Volume Forecast by Type
5.3.1. Nuclear Grade Fan
5.3.2. Non-Nuclear Level Fan
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nuclear 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. Nuclear Fan Market Size and Volume Forecast by Application
6.3.1. New Energy
6.3.2. Power Generation
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nuclear 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. Nuclear 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 Nuclear 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. Nuclear 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 Nuclear Fan Demand Share Forecast, 2019-2026
9. North America Nuclear 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 Nuclear 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 Nuclear Fan Market Size and Volume Forecast by Application
9.4.1. New Energy
9.4.2. Power Generation
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Nuclear Fan Market Size and Volume Forecast by Type
9.7.1. Nuclear Grade Fan
9.7.2. Non-Nuclear Level 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 Nuclear Fan Demand Share Forecast, 2019-2026
10. Latin America Nuclear 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 Nuclear 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 Nuclear Fan Market Size and Volume Forecast by Application
10.4.1. New Energy
10.4.2. Power Generation
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Nuclear Fan Market Size and Volume Forecast by Type
10.7.1. Nuclear Grade Fan
10.7.2. Non-Nuclear Level 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 Nuclear Fan Demand Share Forecast, 2019-2026
11. Europe Nuclear 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 Nuclear 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 Nuclear Fan Market Size and Volume Forecast by Application
11.4.1. New Energy
11.4.2. Power Generation
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Nuclear Fan Market Size and Volume Forecast by Type
11.7.1. Nuclear Grade Fan
11.7.2. Non-Nuclear Level 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 Nuclear Fan Demand Share, 2019-2026
12. Asia Pacific Nuclear 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 Nuclear 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 Nuclear Fan Market Size and Volume Forecast by Application
12.4.1. New Energy
12.4.2. Power Generation
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Nuclear Fan Market Size and Volume Forecast by Type
12.7.1. Nuclear Grade Fan
12.7.2. Non-Nuclear Level 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 Nuclear Fan Demand Share, 2019-2026
13. Middle East & Africa Nuclear 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 Nuclear 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 Nuclear Fan Market Size and Volume Forecast by Application
13.4.1. New Energy
13.4.2. Power Generation
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Nuclear Fan Market Size and Volume Forecast by Type
13.7.1. Nuclear Grade Fan
13.7.2. Non-Nuclear Level 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 Nuclear Fan Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Nuclear Fan Market: Market Share Analysis
14.2. Nuclear Fan Distributors and Customers
14.3. Nuclear Fan Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AEIB Ventilateurs
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Howden
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nanfang Ventilator
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ZHEJIANG SHANGFENG INDUSTRIAL HOLDINGS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shanghai Blower Works
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zhejiang Dun'an Artificial Environment
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Shenyang Blower Works
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shaanxi Blower (Group)
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