Product Code: o&s1114
Industrial fans and blowers are critical components in various industrial processes, serving the primary function of providing enhanced airflow or gas movement in specific environments. These devices are used across a wide range of industries to support ventilation, cooling, drying, particulate transport and exhaust systems. Industrial fans and blowers are designed to move large volumes of air or gas, with industrial fans typically generating a flow using blades that rotate about an axis, while blowers use impellers to produce a high-pressure airflow.
The industrial fans and blowers market consists of sales of industrial fans and blowers by entities that manufacture these devices. These devices play a pivotal role in ensuring operational efficiency, safety and compliance with environmental standards within various industries by controlling and improving air quality, regulating temperature and removing unwanted particles and gases from the air. Industrial fans and blowers are utilized in processes where the need for air or gas movement is paramount.
The global industrial fans and blowers market was valued at $7,679.80 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 2.0%.
Strong Economic Growth In Emerging Markets
During the historic period, the industrial fans and blowers market was mainly driven by strong economic growth in emerging markets. The rise of manufacturing sectors across a range of industries, such as automotive, electronics, textiles and food processing, was driven by the growth of new markets. The need for industrial fans and blowers to maintain ideal working conditions, control temperature and guarantee air quality within manufacturing facilities developed in tandem with a growth in production capacities to fulfil domestic and international demand. For instance, China's GDP grew from $12.84 trillion in 2017 to $17.94 trillion in 2022. Additionally, according to the International Monetary Fund (IMF), in 2022, emerging markets and developing economies together registered a growth of 4.5% in 2018, which increased to 6.1% in 2021. Therefore, strong economic growth in emerging markets contributed to the growth of the industrial fans and blowers market.
Focus On Strategic Partnerships And Acquisitions
Companies in the industrial fans and blowers market are increasingly focusing on partnerships and acquisitions to improve their financial strength and geographical presence. For example, in February 2021, Ingersoll Rand, a US-based blower, compressor and vacuum manufacturer, acquired Tuthill Vacuum and Blower Systems, a US-based division of Tuthill Corporation for $184 million. With this acquisition, Ingersoll Rand extended its portfolio of vacuum and blower products and services. In addition, the acquisition will increase the company's global blower channel presence, giving clients more options to suit their demands worldwide.
The global industrial fans and blowers market is fairly fragmented, with large number of players operating in the market. The top ten competitors in the market made up to 14.5% of the total market in 2022.
Industrial Fans And Blowers Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global industrial fans and blowers market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for industrial fans and blowers? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The industrial fans and blowers market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider industrial fans and blowers market; and compares it with other markets.
The report covers the following chapters
- Introduction And Market Characteristics Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type and by application.
- . Key Trends Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the industrial fans and blowers market.
- Global Market Size And Growth Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country
- Market Segmentation Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by type and by application market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size And Growth Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Key Mergers And Acquisitions Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for industrial fans and blowers providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Scope:
Markets Covered:
- 1) By Type: Industrial Fans; Industrial Blowers
- 2) By Application: Chemical; Food And Beverage; Petrochemicals; Wood; Automotive; Other Applications
- Companies Mentioned: Ingersoll Rand Inc; The Atlas Copco Group; Howden Group Limited; IDEX Corporation; KAESER KOMPRESSOREN.
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; industrial fans and blower indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Table of Contents
1 Executive Summary
- 1.1 Industrial Fans And Blowers - Market Attractiveness And Macro economic Landscape
2 Table Of Contents
3 List Of Tables
4 List Of Figures
5 Report Structure
6 Market Characteristics
- 6.1 General Market Definition
- 6.2 Summary
- 6.3 Industrial Fans And Blowers Market Definition And Segmentations
- 6.4 Market Segmentation By Type
- 6.4.1 Industrial Fans
- 6.4.2 Industrial Blowers
- 6.5 Market Segmentation By Application
- 6.5.1 Chemical
- 6.5.2 Food and Beverage
- 6.5.3 Petrochemicals
- 6.5.4 Wood
- 6.5.5 Automotive
- 6.5.6 Other Applications
7 Major Market Trends
- 7.1.1 Focus On Strategic Partnerships And Acquisitions
- 7.1.2 Focus On Launch Of New DC Blower Fan
- 7.1.3 Focus On Launch Of Stand-On Blower
- 7.1.4 Focus On Advancement In High-Speed Turbo Centrifugal Blower
8 Industrial Fans and Blowers Market - Macro Economic Scenario
- 8.1 COVID-19 Impact On The Industrial Fans And Blowers Market
- 8.2 Impact Of The War In Ukraine On The Industrial Fans And Blowers Market
- 8.3 Impact Of High Inflation On The Industrial Fans And Blowers Market
9 Global Market Size and Growth
- 9.1 Market Size
- 9.2 Historic Market Growth, 2018 - 2023, Value ($ Million)
- 9.2.1 Market Drivers 2018 - 2023
- 9.2.2 Market Restraints 2018 - 2023
- 9.3 Forecast Market Growth, 2023 - 2028, 2033F Value ($ Million)
- 9.3.1 Market Drivers 2023 - 2028
- 9.3.2 Market Restraints 2023 - 2028
10 Global Industrial Fans And Blowers Market Segmentation
- 10.1 Global Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 10.2 Global Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
11 Industrial Fans And Blowers Market, Regional and Country Analysis
- 11.1 Global Industrial Fans And Blowers Market, By Region, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 11.2 Global Industrial Fans And Blowers Market, By Country, Historic and Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
12 Asia-Pacific Market
- 12.1 Summary
- 12.2 Market Overview
- 12.2.1 Region Information
- 12.2.2 Market Information
- 12.2.3 Background Information
- 12.2.4 Government Initiatives
- 12.2.5 Regulations
- 12.2.6 Regulatory Bodies
- 12.2.7 Major Associations
- 12.2.8 Taxes levied
- 12.2.9 Corporate Tax Structure
- 12.2.10 Investments
- 12.2.11 Major Companies
- 12.3 Asia-Pacific Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.4 Asia-Pacific Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.5 Asia-Pacific Industrial Fans And Blowers Market: Country Analysis
- 12.6 China Market
- 12.7 Summary
- 12.8 Market Overview
- 12.8.1 Country Information
- 12.8.2 Market Information
- 12.8.3 Background Information
- 12.8.4 Government Initiatives
- 12.8.5 Regulations
- 12.8.6 Regulatory Bodies
- 12.8.7 Major Associations
- 12.8.8 Taxes Levied
- 12.8.9 Corporate Tax Structure
- 12.8.10 Investments
- 12.8.11 Major Companies
- 12.9 China Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.10 China Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.11 India Market
- 12.12 India Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.13 India Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.14 Japan Market
- 12.15 Japan Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.16 Japan Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.17 Australia Market
- 12.18 Australia Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.19 Australia Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.20 Indonesia Market
- 12.21 Indonesia Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.22 Indonesia Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.23 South Korea Market
- 12.24 South Korea Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 12.25 South Korea Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
13 Western Europe Market
- 13.1 Summary
- 13.2 Market Overview
- 13.2.1 Region Information
- 13.2.2 Market Information
- 13.2.3 Background Information
- 13.2.4 Government Initiatives
- 13.2.5 Regulations
- 13.2.6 Regulatory Bodies
- 13.2.7 Major Associations
- 13.2.8 Taxes Levied
- 13.2.9 Corporate tax structure
- 13.2.10 Investments
- 13.2.11 Major Companies
- 13.3 Western Europe Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.4 Western Europe Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.5 Western Europe Industrial Fans And Blowers Market: Country Analysis
- 13.6 UK Market
- 13.7 UK Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.8 UK Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.9 Germany Market
- 13.10 Germany Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.11 Germany Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.12 France Market
- 13.13 France Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.14 France Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.15 Italy Market
- 13.16 Italy Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.17 Italy Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.18 Spain Market
- 13.19 Spain Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 13.20 Spain Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
14 Eastern Europe Market
- 14.1 Summary
- 14.2 Market Overview
- 14.2.1 Region Information
- 14.2.2 Market Information
- 14.2.3 Background Information
- 14.2.4 Government Initiatives
- 14.2.5 Regulations
- 14.2.6 Regulatory Bodies
- 14.2.7 Major Associations
- 14.2.8 Taxes Levied
- 14.2.9 Corporate Tax Structure
- 14.2.10 Investments
- 14.2.11 Major Companies
- 14.3 Eastern Europe Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 14.4 Eastern Europe Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 14.5 Eastern Europe Industrial Fans And Blowers Market: Country Analysis
- 14.6 Russia Market
- 14.7 Russia Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 14.8 Russia Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
15 North America Market
- 15.1 Summary
- 15.2 Market Overview
- 15.2.1 Region Information
- 15.2.2 Market Information
- 15.2.3 Background Information
- 15.2.4 Government Initiatives
- 15.2.5 Regulations
- 15.2.6 Regulatory Bodies
- 15.2.7 Major Associations
- 15.2.8 Taxes Levied
- 15.2.9 Corporate Tax Structure
- 15.2.10 Investments
- 15.2.11 Major Companies
- 15.3 North America Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 15.4 North America Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 15.5 North America Industrial Fans And Blowers Market: Country Analysis
- 15.6 USA Market
- 15.7 Summary
- 15.8 Market Overview
- 15.8.1 Country Information
- 15.8.2 Market Information
- 15.8.3 Background Information
- 15.8.4 Government Initiatives
- 15.8.5 Regulations
- 15.8.6 Regulatory Bodies
- 15.8.7 Major Associations
- 15.8.8 Taxes Levied
- 15.8.9 Corporate Tax Structure
- 15.8.10 Investments
- 15.8.11 Major Companies
- 15.9 USA Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 15.10 USA Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 15.11 Canada Market
- 15.12 Canada Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 15.13 Canada Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
16 South America Market
- 16.1 Summary
- 16.2 Market Overview
- 16.2.1 Region Information
- 16.2.2 Market Information
- 16.2.3 Background Information
- 16.2.4 Government Initiatives
- 16.2.5 Regulations
- 16.2.6 Regulatory Bodies
- 16.2.7 Major Associations
- 16.2.8 Taxes Levied
- 16.2.9 Corporate Tax Structure
- 16.2.10 Investment
- 16.2.11 Major Companies
- 16.3 South America Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 16.4 South America Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 16.5 South America Industrial Fans And Blowers Market: Country Analysis
- 16.6 Brazil Market
- 16.7 Brazil Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 16.8 Brazil Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
17 Middle East Market
- 17.1 Summary
- 17.2 Market Overview
- 17.2.1 Region Information
- 17.2.2 Market Information
- 17.2.3 Background Information
- 17.2.4 Government Initiatives
- 17.2.5 Regulations
- 17.2.6 Regulatory Bodies
- 17.2.7 Major Associations
- 17.2.8 Taxes Levied
- 17.2.9 Corporate Tax Structure
- 17.2.10 Investments
- 17.2.11 Major Companies
- 17.3 Middle East Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 17.4 Middle East Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
18 Africa Market
- 18.1 Summary
- 18.2 Market Overview
- 18.2.1 Region Information
- 18.2.2 Market Information
- 18.2.3 Background Information
- 18.2.4 Government Initiatives
- 18.2.5 Regulations
- 18.2.6 Regulatory Bodies
- 18.2.7 Major Associations
- 18.2.8 Taxes Levied
- 18.2.9 Corporate Tax Structure
- 18.2.10 Investments
- 18.2.11 Major Companies
- 18.3 Africa Industrial Fans And Blowers Market, Segmentation By Type, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
- 18.4 Africa Industrial Fans And Blowers Market, Segmentation By Application, Historic And Forecast, 2018 - 2023, 2028F, 2033F, Value ($ Million)
19 Competitive Landscape and Company Profiles
- 19.1 Company Profiles
- 19.2 Ingersoll Rand Inc
- 19.2.1 Company Overview
- 19.2.2 Products And Services
- 19.2.3 Business Strategy
- 19.2.4 Financial Overview
- 19.3 The Atlas Copco Group
- 19.3.1 Company Overview
- 19.3.2 Products And Services
- 19.3.3 Business Strategy
- 19.3.4 Financial Overview
- 19.4 Howden Group Limited
- 19.4.1 Company Overview
- 19.4.2 Products And Services
- 19.4.3 Financial Overview
- 19.5 IDEX Corporation
- 19.5.1 Company Overview
- 19.5.2 Products And Services
- 19.5.3 Financial Overview
- 19.6 KAESER KOMPRESSOREN
- 19.6.1 Company Overview
- 19.6.2 Products And Services
- 19.6.3 Business Strategy
- 19.6.4 Financial Overview
20 Key Mergers And Acquisitions
- 20.1 IB International Acquired Illinois Blower
- 20.2 Fairbanks Morse Defense (FMD) Acquired Howden American Fan
- 20.3 Ingersoll Rand Acquired Pedro Gil And Westwood Technical
- 20.4 AMES Companies Acquired Hunter Fan Company
- 20.5 SPX Corporation Acquired Cincinnati Fan & Ventilator Co., Inc.
21 Opportunities And Strategies
- 21.1 Global Industrial Fans And Blowers Market In 2028 - Countries Offering Most New Opportunities
- 21.2 Global Industrial Fans And Blowers Market In 2028 - Segments Offering Most New Opportunities
- 21.3 Global Industrial Fans And Blowers Market In 2028 - Growth Strategies
- 21.3.1 Market Trend Based Strategies
- 21.3.2 Competitor Strategies
22 Industrial Fans And Blowers Market, Conclusions And Recommendations
- 22.1 Conclusions
- 22.2 Recommendations
- 22.2.1 Product
- 22.2.2 Place
- 22.2.3 Price
- 22.2.4 Promotion
- 22.2.5 People
23 Appendix
- 23.1 Geographies Covered
- 23.2 Market Data Sources
- 23.3 Research Methodology
- 23.4 Currencies
- 23.5 The Business Research Company
- 23.6 Copyright and Disclaimer