Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5700 Billion | USD 8900 Billion | 5.2% | 2022 |
FrequentlyAsked Questions
Industrial fans are equipment whose key function is to offer and accommodate a large air or gas flow to various building components. This can be done by blade rotation by connecting to shaft and hub and is driven by turbine or motor.
The global industrial fans market growth over forecast period can be owing to a large-scale use of the product in small-scale as well as large-scale firms.
According to a study, the global industrial fans industry size was $5700 million in 2022 and is projected to reach $8900 million by the end of 2030.
The global industrial fans market is anticipated to record a CAGR of nearly 5.2% from 2023 to 2030.
The European is set to dominate the global industrial fans industry over the forecasting timeline owing to thriving healthcare sector in the countries of Europe. Moreover, rise in the number of patients admitted to hospitals requires more industrial fans to be installed in hospitals & clinics, thereby enlarging the scope of growth of the industry in Europe.
The global industrial fans market is led by players such as Airmaster Fans, EPOCH FANS, Berner International, WujiangDeshengxin Purification Equipment Company Limited, Pheonix Manufacturing, National Fan Company, Triangle Engineering, Hunter Industrial, Howden American Fan Company, J&D Manufacturing, SPARTAK JSC, Twin City Fan, ANJOS, Uvents Ventilation Systems, and Ferrari Industrial Fans.
The global industrial fans market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed