#Centrifugal Blower Market Share

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Centrifugal Blower Market Expansion Projected to Gain an Uptick During 2022-2028

The centrifugal blower market is estimated to grow significantly by 2028 primarily owing to rising product demand in cement production, petrochemicals, metal fabrication, and cryogenics.

Recently, burgeoning need for energy across virtually all industries globally has created an upsurge in the need for power producing units, such as nuclear power plants, coal power plants, thermal power plants, and hydro-power plants. These plants rely heavily on centrifugal fans and blowers to supply air for combustion and other types of heat transfers, which has been favorable for industry expansion.

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Furthermore, centrifugal blowers have gained massive popularity in a number of industries, such as food and drinks, construction, and mining, particularly due to their efficiency and durability. In addition, escalating product requirement in regions with a high volume of air or gas has bolstered market uptake. Notably, industry players have increasingly been investing in product development and innovation in order to gain a competitive edge in the centrifugal blower market, thereby enhancing overall business dynamics.

For instance, in June 2021, Indian Space Research Organization (ISRO), the national space agency of India, introduced the Ventilation Assist Unit (VaU), an ICU grade positive pressure mechanical ventilator that has been designed to assist or replace spontaneous breathing in patients suffering from respiratory distress. The VaU has been designed based on a centrifugal blower that pulls in filtered ambient air, compresses it, and delivers it to the patient to provide ventilation, which allows it to function without a compressed pneumatic source.

The centrifugal blower market has been segmented on the basis of pressure, end-user, and region. In terms of end-user, the centrifugal market has been divided into cement plant, pulp & paper, chemical, steel plant, power station, mining, others. The cement plant end-user segment is foreseen to observe significant growth to garner a revenue share of more than 10% by 2028. The proliferating construction industry and mounting demand for cement and minerals are estimated to spur the growth of the segment.

The steel plant end-user segment is anticipated to witness substantial growth by 2028, registering approximately 3.6% CAGR by the forecast timeframe. Centrifugal blowers are used in steel plants to tackle problems like high temperatures and to cater to the need for a high output situation, which is likely to fuel segmental development in the upcoming years.

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From the regional point of view, the Latin America centrifugal blower market is estimated to grow at a CAGR of over 3.7% through the forecast period. Meanwhile, the Middle East & Africa centrifugal blower industry held a volume share of around 7% in the overall market in 2021 and is projected to amass notable gains over 2022-2028.

Table of Contents (ToC) of the report:

Chapter 2   Executive Summary

2.1    Centrifugal blower industry 360° synopsis, 2018 – 2028

2.1.1    Business trends

2.1.2    Pressure by end-user trends

2.1.3    End-user trends

2.1.4    Regional trends

Chapter 3   Centrifugal Blowers Industry Insights

3.1    Industry segmentation

3.2    Industry size and forecast, 2018 – 2028

3.3    Industry ecosystem analysis

3.4    Innovation & sustainability

3.5    Industry impact forces

3.5.1    Growth drivers

3.5.1.1    Rapidly growing construction industry in the Asia Pacific

3.5.1.2    Strong product demand from power and mining industry in the U.S.

3.5.1.3    Growing food industry in the Asia Pacific

3.5.2    Industry pitfalls & challenges

3.5.2.1    High production and maintenance cost

3.6    Regulatory landscape

3.7    Growth potential analysis

3.8    Competitive landscape, 2020

3.9    Porter’s analysis

3.10    Regional price trends

3.11    PESTEL Analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/centrifugal-blower-market

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Electric Motor Market - Forecast(2024 - 2030)

 Electric Motor Market Overview

Electric Motor Market Size is forecast to reach $169 billion by 2030, at a CAGR of 5.6% during 2024-2030. The increase in global electricity consumption and the use of electrical equipment and machines in different industries and the renewables sector are major factors driving the growth in the electric motor market during the forecast period. An increase in awareness of green vehicles among customers has been a key factor leading the market. Besides this, a rising number of government incentives to encourage sales of green vehicles for safeguarding the environment from carbon emissions is analysed to drive the market. The growing interest in sustainable transportation has driven the demand for electric vehicles. Electric motors play a crucial role in powering EVs, and advancements in motor technology contribute to increased efficiency and range. The industrial sector is witnessing the integration of electric motors with the Internet of Things (IoT) and Industry 4.0 technologies. This integration allows for real-time monitoring, predictive maintenance, and improved efficiency in industrial processes.

Smart motor technologies, incorporating features like connectivity, sensors, and advanced control systems, are becoming more prevalent. These innovations contribute to better performance, remote monitoring, and enhanced automation in various applications. Developments in motor control systems, including advanced algorithms and power electronics, contribute to improved motor performance, reduced energy losses, and enhanced control precision. There is an increasing emphasis on developing more energy-efficient electric motors to meet sustainability goals and reduce energy consumption. Regulations and standards promoting energy efficiency also influence the design and manufacturing of electric motors. Additionally, Electric motors have been observing several advancements in technology over the past few years, owing to which its demand is set to gain higher traction during the forecast period 2024-2030.

Report Coverage

The report: “Electric Motor Market Report– Forecast (2024-2030)”, by IndustryARC covers an in-depth analysis of the following segments of the Electric Motor market

By Product Type: AC Motor (Induction Motor, Synchronous Motor, Servo Motor, Stepper Motor), DC Motor (Brushed DC Motor, Brushless DC Motor, Servo Motor, Series Motor, Stepper motor, Compound Motor).

By Product Category: Permanent Magnet, Non-Permanent Magnet.

By Phase: Single Phase, Three Phase.

By Power Rating: Below 0.5W, 0.5W-1W, 1W to 100W, 100W to 1KW, 1KW to 10KW, 10KW and Above.

By Efficiency: IE1, IE2, IE3, IE4.

By Application: Commercial (Automated Doors, Elevators & Escalators, Blowers, Electric Sweepers, Hand Dryers, Data Center & UPS, Pumps, Power Tools, Water Coolers, Camera PTZ Control, Drones, Others), Consumer Products (Pumps, Hair Dryers, Lawn Mowers, Boilers, Dishwashers, Vacuum Cleaners, washing machine, Blenders & Mixers, Fans & Chimneys, Desktop & Laptops, Smartphones, Refrigerators, Others), Automotive (Body Control motors, EPS Motors, Brake Booster BLDC Motor, Seat Adjustment, Belt Tensioner, Car Window Motor, Door Lock Motors, Wiper Motor, Others), Medical & Healthcare (Diagnostic Equipment (CT Scanners, MRI, Biopsy Systems, Diagnostics Analyzers, Ultrasound Transducers, X-Ray, Others), Medical Centrifuges, Medical Pumps, Blowers and Compressors, Surgical Instruments (Saws, Drills, Surgical Robots, Others), Dental CAD/CAM Milling Machines, Exoskeleton & Prosthetics, Microscopes, Wheelchairs & Scooters, Stair Lifts, Hospital Beds & Exam Tables, Others).

By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe(Germany, UK, France, Italy, Spain, Russia, Netherlands, Poland, Czechia, Belgium, Sweden  and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle East and Africa)

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Key Takeaways

• The rising demand for efficient energy usage over concerns of environmental impact of energy generation from conventional sources such as coal and natural gas, is expected to help grow the electric motor market in APAC.

• The DC Motor segment is growing at a significant CAGR of 7.6% in the forecast period 2024-2030. A DC motor consists of a stator and a rotor.

• Medical & Healthcare sector is expected to witness a highest CAGR of 8.5% the forecast period 2024-2030, due to its extensive reliance on electrically powered devices and equipment. Diagnostic imaging equipment, such as MRI and CT scanners, demands high-performance electric motors for precise movements and accurate imaging. 

• Electric Motor companies are strengthening their position through mergers & acquisitions and continuously investing in research and development (R&D) activities to come up with solutions to cater to the changing requirements of customers. 

Electric Motor Market Segment Analysis - By Product Type

The DC Motor segment is expected to grow at a significant CAGR of 7.6% during the forecast period 2024-2030. Owing to the growing penetration of brushless DC motors across various industry verticals substituting brushed dc and even ac induction motors in certain applications such as home appliances. DC motors are used in electric vehicles in the automotive industry for various non-traction applications, contributing to the ongoing shift towards sustainable transportation. As the demand for electric vehicles grows, so does the demand for efficient and dependable DC motors. DC motors are also widely used in industrial automation, powering conveyor systems, robotics, and manufacturing equipment. Owing to the ease of control, they are suitable for accurate and regulated movements in automated processes.

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Electric Motor Market Segment Analysis - By Application

Medical & Healthcare sector is expected to witness a highest growth of CAGR 8.5% during the forecast period 2024-2030, owing to the increase in investments in healthcare and medical sector, along with growing penetration of advanced medical devices & equipment in the sector such as surgical robots, advanced imaging & diagnostic equipment, prosthetics and so on. Medical advances and technical improvements have resulted in the development of a wide range of medical instruments and gear that significantly rely on the precision and efficiency provided by electric motors. High-performance electric motors are required for precise motions and accurate imaging in diagnostic imaging equipment such as MRI and CT scanners. Electric motors provide stability and consistency to patient care and monitoring systems such as infusion pumps and monitoring equipment. Furthermore, the incorporation of electric motors in mobility aids such as electric wheelchairs and patient lifts improves accessibility for people who have mobility issues. Electric motors are used in laboratory equipment, robotic surgical systems, and a variety of medical tools, all of which contribute to the overall efficiency and improvement of healthcare techniques. The demand for electric motors is on the rise as the healthcare industry evolves and adopts more technologically sophisticated solutions, fueling additional innovation in this critical sector.

Electric Motor Market Segment Analysis - By Geography 

Electric Motor market in Asia-Pacific region held significant market share of 38% in 2023. Increasing compliance for energy efficient motors and rising adoption of motor-driven electric vehicles are the key factors driving market growth.  The rising demand for efficient energy usage over concerns of environmental impact of energy generation from conventional sources such as coal and natural gas, is expected to help grow the electric motor market. In addition, advancements in the agriculture sector and enormous investments in industrialization in countries such as China, India, South Korea, and Australia is driving the market growth. Further, the increasing production and sales of electric vehicles in countries including China and Japan is also analyzed to drive the market growth. 

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Electric Motor Market Drivers

Rise in demand for Electric Vehicles

The electric car market has witnessed rapid evolution with the ongoing developments in automotive sector and favorable government policies and support in terms of subsidies and grants, tax rebates. Major manufacturers such as General Motors, Toyota, and BMW plan to release a potential of 400 models and estimated global sales of 25 million by 2025. In 2022, Ford Motor has committed to increase its investments in electric vehicles to $50 billion by 2026, up from a previous spend of $30 billion by 2025. Similarly, in 2020, Volkswagen, Chinese ventures has committed to invest $17.5 billion in electric vehicles by 2025. As electric vehicles use various types of electric motors for traction & auxiliary applications, the rising demand for electric vehicles globally is set to assist the market growth for electric motors used in the same.

Growing R&D activities 

Manufacturers are continuously focusing on R&D to develop new and effective electric motors to meet consumer demand. Increasing concerns, such as environmental pollution and regulations, are forcing manufacturers to develop electric motors that reduce vibration and increase efficiency. For instance, a synchronous electric motor is around 80% more efficient than an induction electric motor. Similarly, the development of a new type of steel for electric motors, which reduces the weight of the electric motor and makes it more efficient and powerful. This new type of electric motor will be small in size and cost effective, which will raise demand from residential and commercial applications. Moreover growing developments from various companies is also analysed to drive the market growth. Hence these factors are analysed to drive the market growth in the forecast period 2024-2030.

Electric Motor Market Challenges 

Easy availability of low-quality electric motors

The market for electric motors is highly fragmented, with a significant number of domestic and international manufacturers. Product quality is a primary parameter for differentiation in this market. The organized sector in the market mainly targets industrial buyers and maintains excellent product quality, while the unorganized sector offers low-cost alternatives to tap local markets. Local manufacturers of electric motors in most countries target the unorganized sector and compete strongly with the global suppliers in the respective markets. Leading market players are currently exposed to intense competition from such unorganized players supplying inexpensive and low-quality electric motors. This acts as a key challenge for the growth of the market.

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Market Landscape

Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Electric Motor market. Electric Motor top 10 companies include:

ABB Ltd

Johnson Electric Holdings Limited

Siemens AG

Rockwell Automation

Nidec Corporation

Bosch Electric

Regal Rexnord

Franklin Electric Company Inc.

Teco Electric & Machinery Co. Ltd.

Wolong Electric Group co. ltd.

Acquisitions/Product Launches

• In July 2023, Nidec Corporation announced that it has successfully developed a new electric power steering motor power pack*1 (“EPS-PP”).

• In July 2023, WEG announced new investments for its motor manufacturing plant located in Manaus, Brazil. The Company will invest R$ 48 million, in the next three years, to expand production capacity and adapt the plant to produce a new line of permanent magnet electric motors for split-type air conditioners

• In December 2023, Johnson Electric Launches 48-Volt Cooling Fan Module with High Power and Efficiency. Johnson Electric is pleased to announce the launch of the 48-Volt Cooling Fan Module with power up to 1.5kW to meet the most demanding cooling requirements.  The need to reduce emissions and increase the electrification of the vehicle, requires higher cooling performance and efficiency.

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Whirling Success: Enhancing Efficiency and Comfort in HVAC Blower Technology | Future Market Insights,Inc.

Whirling Success: Enhancing Efficiency and Comfort in HVAC Blower Technology | Future Market Insights,Inc.

HVAC blower and fan systems are air ventilation systems that ensure efficient movement of air through various heating, ventilation, and air conditioning systems. These HVAC blower and fan systems are composed of an electric motor, modules, resistors, and fans. Ranging from the automotive industry, aviation industry, and residential sector, these HVAC fans and blower systems find applications across a diverse set of industries.  The HVAC blower and fan systems market comprises a wide range of products and ancillaries depending upon the intended application. HVAC blower and fan systems are widely used in industrial applications such as those in power generation, mining, Oil & Gas, aviation, and automotive industries among others.

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Besides ensuring optimum movement of air, these HVAC fans and blower systems also play a vital role in ensuring safety of vital components such as engines. Thus, HVAC blower and fan systems are used in many industrial applications owing to which, HVAC blower and fan systems market is expected to witness significant growth during the forecast period.

HVAC Blower and Fan Systems Market: Dynamics

Anticipated steady growth in industrialization, especially in developing countries such as those in Asia Pacific, Latin America and Africa is expected to drive the growth of global HVAC blower and fan system market during the forecast period. Automotive industry accounts for a significant share in global HVAC blower and fan systems market. Anticipated steady growth in automotive production is expected to fuel the growth in demand for HVAC blowers and fans.

Moreover, growth in construction activity and infrastructure-related spending coupled with increasing urbanization, especially, in developing countries in Asia Pacific and MEA regions is another factor that is expected to drive the growth of HVAC fans and blowers market. Furthermore, efforts towards the development of efficient systems that adhere to standards such as LEED, and ASHRAE are expected to be witnessed over the forecast period. Demand for HVAC blower and fan systems is expected to register moderate single-digit growth over the forecast period.

However, the relatively high cost associated with the manufacture of some of these HVAC blowers and fan systems is expected to be one of the factors that are expected to act as impediments to growth of the market during forecast period. Furthermore, use of some of the harmful gases in certain systems and regulations and restrictions pertaining the same is another factor that is likely to impede the growth of market.

HVAC Blower and Fan Systems Market: Segmentation

The global HVAC blower and fan systems market is divided on the basis product type, and end users. On the basis of product type, HVAC blower and fan systems market can be segmented as axial, centrifugal, backward inclined fans, others. On the basis of end users, the global HVAC blower and fan systems market can be segmented as Industrial, residential and Commercial users.

HVAC Blower and Fan Systems Market: Regional Outlook

The global HVAC blowers and fan market is expected to register a steady CAGR over the forecast period. North America is expected to account for a significant share in global HVAC blowers and fan market in various industrial and commercial applications. Asia Pacific region is expected to witness relatively faster growth owing to growth across key application sectors for HVAC blowers and fan systems. Moreover, MEA and Eastern Europe regions are expected to witness steady growth owing to anticipated steady growth in construction activity in the region over the forecast period. Overall, the HVAC blowers and fan systems market is expected to witness steady growth during the forecast period owing to rising demand in various segments.

HVAC Blower and Fan Systems Market: Market Players

Examples of some of the market participants in the global HVAC blowers and Fan systems market identified across the value chain include:

CG Power and Industrial Solutions Limited

Acme Engineering and Manufacturing Corporation

Air systems component Inc.

Wuhan General Group (China) Co. Ltd.

Continental blower LLC

Air Master Fan company, Inc.

DongKun Industrial Co. Ltd.

Fläkt Woods Group SA

Greenheck Fan Corporation

Howden Group Ltd

Loren Cook Company

Gardner Denver, Inc.

CECO Environmental

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, and applications.

The report covers an exhaustive analysis on:

Market Segments

Market Dynamics

Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition and companies involved

Technology

Value Chain

Regional analysis includes

North America (U.S., Canada)

Latin America (Mexico, Brazil and Rest of Latin America)

Western Europe (Germany, Italy, France, U.K, Spain,)

Eastern Europe (Poland, Russia and Rest of Eastern Europe)

Asia Pacific (China, India, ASEAN, Australia & New Zealand)

Japan

Middle East and Africa (GCC, S. Africa, and Rest of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

Detailed overview of parent market

Changing market dynamics in the industry

In-depth market segmentation

Historical, current and projected market size in terms of volume and value

Recent industry trends and developments

Competitive landscape

Strategies of key players and products offered

Potential and niche segments, geographical regions exhibiting promising growth

A neutral perspective on market performance

Must-have information for market players to sustain and enhance their market footprint.

[vndplasticopumps]

Air Pump Manufacturers: A Guide to the Best Companies in the Industry

Air pumps are devices that compress air and distribute it in a variety of applications, such as inflating tires, mattresses, balloons, balls, pool beds, etc. Air pumps can also be used to circulate water in aquariums and ponds. Air pumps can be powered by electricity, batteries, or manual operation. They can have different designs and features depending on the purpose and choice of the customers.

There are many Air Pump Manufacturers on the market, offering a wide range of products and services. However, not all of them are reliable and trustworthy. Therefore, customers should consider some factors when choosing an air pump manufacturer, such as:

Quality and durability of products

Company reputation and experience

Customer service and after-sales support

Product price and warranty

Certification and recognition of the company

To help customers find the best air pump manufacturers in the industry, here is a list of some of the top companies that offer high-quality and innovative products:

1. VND Plastico Pumps Pvt. Ltd.: It is one of the oldest and leading air pump manufacturers in India, established in 1995. They produce a variety of air compressors including high-tech portable models for light and heavy-duty industrial applications. They also offer related accessories, such as Magnetic Pump Manufacturers, AODD Pump Manufacturers, and Centrifugal Pump Manufacturers. They use only the best materials and advanced machinery to ensure the efficiency and performance of their products. They also provide customized solutions as per the requirements of their clients.

2. Qianhu Aquastar India: It is one of the topmost manufacturers and distributors of Pumps and Blowers in India, established in 2009. They offer a wide range of products such as RO Pump, Air Pump, Pressure Pump, Submersible Pump, and Fountain Pump. , Etcetera. They use only the highest quality materials and state-of-the-art technology to manufacture their products. They also follow strict quality standards and ethical work practices to ensure customer satisfaction.

3. IDEX Corporation: It is a global leader in various markets, such as health and science technologies, fluid and metering technologies, fire and security, etc. established in 1987. They offer innovative and diversified products like Air Pumps, Diaphragms. Pump, piston pump, peristaltic pump, gear pump, etc. They use cutting-edge technology and engineering expertise to create solutions that improve lives and businesses. They also have a strong presence in more than 40 countries across the globe.

4. Sensen Group Co. Ltd.: It is a famous air pump manufacturer in China, founded in 1985. They specialize in aquarium products, such as air pumps, filters, heaters, lights, etc. They also make industrial products. Such as blowers, fans, compressors, etc. They have a large production capacity and a professional R&D team that can develop new products according to customers’ requirements. They also have a strict quality control system and good after-sales service.

5. Chen Yih Industrial Co. Ltd.: It is a professional manufacturer of air pumps in Taiwan, established in 1992. They provide different types of air pumps for different applications like bicycle pumps, car pumps, ball pumps, and electric pumps. , hand pump, etc. They also provide other related products, such as oil seals, packing seals, o-rings, etc. They use high-quality materials and advanced equipment to produce their products. They also have a good reputation in the industry and a large market share.

These are some of the best air pump manufacturers in the industry that customers can trust and rely on. They offer high-quality and innovative products that can meet the diverse needs of various industries. Customers can contact them for more details or visit their website for more details.

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Future Projections for Global Magnetic Levitation Centrifugal Blower Market Growth Trends 2023

Market.biz has developed new advance research known as Global Magnetic Levitation Centrifugal Blower Market , which presents detailed information on the major competitors as well as development associations with a significant market value in terms of sales, size,  share, demand, forecast, trends, supply, manufacture analysis, and demand ratio. The Magnetic Levitation Centrifugal Blower market…

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Industrial Motor Market - Forecast(2022 - 2027)

Industrial Motor Market Overview

The global Industrial Motor Market size is expected to reach $42.19 billion by 2027, growing at a CAGR of 4.20% during the forecast period from 2022 to 2027. Globally, increasing demand for industrial motors in the Automotive and Oil & Gas industries is set to drive the Industrial Motor Market during the forecast period. Increasing investments for the expansion of oil and gas production across the world owing to the rising energy demands also triggers the growth of the market. Moreover, increasing production ofelectric vehicleshas accelerated the demand for industrial motors for higher efficiency and good speed regulation during the forecast period is also boosting the growth of the market. Furthermore, rising number of government incentives to encourage use of energy efficient industrial motors for safeguarding the environment from carbon emissions is also expected to drive the market growth during the forecast period.

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Industrial Motor Market Report Coverage

The report based on: “Industrial Motor Market-Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of Industrial Motor Market Industry Outlook. By Product Type: AC (Phase Type: Single Phase, Three Phase; Operation: Asynchronous, Synchronous); DC (Brushed (BDC), Brushless (BLDC)) By Power Rating: <1kW, >1kW<2,2kW, >2,2kW < 3,5kW, 3.5-25 kW25-100 kW, Above 100 kW By Voltage: Low Voltage (IE1, IE2, IE3, IE4); Medium Voltage (IE1, IE2, IE3, IE4); High Voltage (IE1, IE2, IE3, IE4) By Applications: Oil and Gas (Upstream, Midstream, Downstream); Aerospace (Actuation, Air and Thermal System, Aircraft Engines, Auxiliary Power Unit, Wheels and Breaking System, Others); Automotive; HVAC (Heating, Ventilating, Air Conditioning); Paper and Pulp (Feed and Conveyor Systems, Fans and Blowers, Reeling and Rolling Machines, Mixers, Others); Food and Beverage (Milling, Grinding and Mixers, Conveyor Systems, Pumping Systems, Packaging, Others); Textile (Mixing and Beating Machines, Carding Machines, Winding Machines, Washers and Pumps, Blowers, Others); Transportation (Logistics and Warehousing (Manual Cranes and Hoists, ASRS Systems, Belt Conveyors, Others);Railways (Traction, Blowers, Others)); Power Generation (Coal, Gas and Oil-Fired Plants, Nuclear Power Plants, Geothermal Power Plants, Hydro Power Plants, Wind Mills, Others); Agriculture ( Pumping Systems, Grain Handling and Conveyor System, Aeration and Conditioning, Feed Delivery Systems, Others); Chemical (Pumps, Fans, Blowers and Compressors, Centrifuges, Agitators and Mixers, Others); Industrial Machinery (Machine Tools, Assembly Line and Conveyor Systems, Others); Plastics and Packaging; Industrial Automation; Others. By Geography: North America (US, Canada, Mexico), South America (Brazil, Argentina,Chile, Colombia & Others),Europe (Germany, France, UK, Italy, Spain, Russia, Netherlands & Others), APAC (China, Japan, South Korea, India, Australia, Indonesia, Malaysia & Others) ,RoW (Middle East & Africa)

Key Takeaways

AC Motor dominated the global Industrial Motor market with a share of 84% in 2021 and is also anticipated to witness a significant growth during 2022-2027, owing to its use for various industrial applications such as in Appliances, Compressor drives and systems, Conveyor systems. Industrial Automation dominated the global Industrial Motor market with a share of 24.61% in 2021, owing to growing use of motors in collaborative robots. North America held the largest share of 30.65% in the global Industrial Motor market in 2021 and growing at CAGR of 3.64% during 2022-2027, owing to rising number of government incentives to encourage use of energy efficient industrial motors. Increasing demand for industrial motors in chemical & petrochemical industries is set to be one of the major factor that is analyzed to drive the market during the forecast period.

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Industrial Motor Market Segment Analysis-By Product Type

Based on product type, AC Motor dominated the global Industrial Motor market with a share of 84% in 2021 and is also anticipated to witness a significant growth during 2022-2027, owing to its use for various industrial applications such as in Appliances, Compressor drives and systems, Conveyor systems. AC motors have been classified into induction or asynchronous and synchronous motors. Asynchronous motors held the share of 65.45% in the AC motor market in 2021 and growing at CAGR of 4.64% during 2022-2027. These motors are the major type of industrial motors used in industrial applications like used in conveyors, cranes, pumps, elevators, compressors, drilling machines, oil extracting mills and others. Asynchronous motors have lot of advantages such as less cost, easy to maintain, efficiency in partial-load operation and others. Owing to its advantages, the adoption rate is higher among industries, thus supporting the growth of the Industrial Motor Market. In 2020, ABB Ltd launched a new range of low voltage IEC induction motors i.e. M3BP motors for industries metals, cement, pulp & paper, water & wastewater in India. These motors are compactly designed for applications such as fan, pump, compressor, crusher and crane and helps the industrial customers to save space and cost. Such developments will positively impact the growth of the market.

Industrial Motor Market Segment Analysis-By Application

Based on Application, Oil and gas dominated the global Industrial Motor market with a share of 24.61% in 2021 and is also anticipated to witness highest growth during the forecast period 2022-2027. Industrial motors serve an extensive range of applications in industrial automation vertical including food, packaging, logistics systems, tool machines and robots, among others. Stepper, servo, ac, and dc motors are the ideal motors to meet most industrial automation requirements. In industrial automation, robotics is the major trend in recent years and coming years. Robots are used for various handling purposes for precise and better quality of production. In recent years, the need for industrial automation to mitigate labour shortages in the industrial sector has become a prime concern. In addition, COVID-19 pandemic has posed new risks for workers working in close proximity. Under these circumstances, there is an increasing demand for collaborative robots that can safely work side by side with humans at sites without safety barriers and can flexibly handle multiple tasks which in turn boost the demand for industrial motors. In October 2021, Japanese electronics manufacturer, Omron announced to invest in Tech-man Robot, a manufacturer of collaborative robots in Taiwan and a subsidiary of Quanta Computer. This investment will boost robot business which is the driving force behind the growth of industrial automation This will further create opportunities for the growth of the Industrial Motor market.

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Industrial Motor Market Segment Analysis-By Geography

North America held the largest share of 30.65% in the global Industrial Motor market in 2020 and growing at CAGR of 3.64% during 2022-2027. The increasing adoption of industrial motors in power generation, aerospace, automotive and chemical industries is analyzed to expand Industrial Motor Market in this region. USA, Canada and Mexico are the top contributors in industrial motor market growth in this region. Moreover, a rising number of government incentives to encourage use of energy efficient industrial motors for safeguarding the environment from carbon emissions is expected to drive the market growth. For instance, USA has planned to increase carbon-free power generation from 27% to 35% of total by 2024, thus increasing the scope of adoption of energy efficient motors among industries. Similarly, In December 2020, Federal Electricity Commission planned to construct four nuclear reactors for power generation, thus creating opportunities for the use of energy efficient motors in nuclear power plants. Furthermore, the rising investments for the expansion of chemical industry also triggers the growth of the market in this region. In May 2020, ExxonMobil announced a $2billion investment in Baytown chemical plant expansion project. Such investments can increase the use of industrial motors for the need of handling toxic and aggressive acids, which can influence the market growth of Industrial Motor in the long run.

Industrial Motor Market Drivers

Growing demand for industrial motors in the Automotive and Oil and Gas industries will positively impact the market growth

Increasing demand for industrial motors in the Automotive and Oil and Gas industries will positively impact the market growth. In oil & gas industry, industrial motors are used for wide range of applications such as in off shore cranes, Compressors, Gas pumps, Winches and many others, thus raising its adoptability. Additionally, industrial motors play a vital role for drilling and bringing oil and natural gas resources to the surface and other applications in upstream part of this industry. Furthermore, rising investments for the expansion of oil and gas production across the world owing to the rising energy demands also triggers the growth of the market. In December 2021, the Government of India planned to invest $2.86 billion in the upstream oil and gas production to double natural gas production to 60 bcm and drill more than 120 exploration wells by the end of 2022. These major investments tend to bring significant growth in the demand of industrial motors for Upstream Oil and Gas industry, further driving its market growth during the forecast period. Increasing production of electric vehicles has accelerated the demand for industrial motors during the forecast period. The electric car market has witnessed rapid evolution with the ongoing developments in automotive sector and favorable government policies and support in terms of subsidies and grants, tax rebates. Increasing use of three phase induction motors in electric vehicles because of high efficiency and good speed regulation and absence is also anticipated to drive the growth of Industrial Motor Market. Additionally, increasing investments in production electric vehicles will increase the use of motors, thus contributing to the growth of the market. In 2021, Ford Motor announced to invest in production of electric vehicles to $30 billion by 2025, up from a previous spend of $22 billion by 2023. Such investments can increase the use of industrial motors for the need of good speed regulation, which can influence the market growth of Industrial Motor in the long run.

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Growth of Chemicals & Petrochemicals industries leading to the adoption of industrial motors is analyzed to drive the market growth in the forecast period

Growing demand for industrial motors in chemical & petrochemical industries is set to be one of the major factors analyzed to drive the market during the forecast period. The Chemical & Petrochemical Industries have transformed tremendously at evolving several new technologies for processing chemicals along with automating these processes. The current challenge for the industries include to expand their market while maintaining optimum levels of profit. This has led to the rapid automation of the sector, particularly in the process automation segments which creates demand for industrial motors in the industry. The Chemical industry comprises of the facilities to process the raw materials derived from minerals, oil and natural gas, minerals and several other sources into industrial chemicals. This sector will be most influential in terms of growth prospects for LV and MV Industrial Motors in the forecast period as the chemicals are at the core of every demand either in industrial or consumer perspective. Moreover, induction motors are the major type of industrial motors that are used in wide variety of applications such as pumps, Compressors, Fans and blowers, centrifuges machines and mixers in chemical industry. The demand for pumps, compressors, fans and blowers, centrifuges machines and mixers in these industries are always high, owing to usage in handling toxic and aggressive acids, as well as highly flammable and explosive liquid. For instance, the chemical industry is a major sector that contributes towards the Spain’s GDP. In 2020, Spain's chemical sector accounted for 5.5% of their national gross domestic product (GDP) and 13.4% of the industrial GDP. The total revenue of the chemical sector was 64.519 billion euros, from which 36.57 billion were exported in 2020. This increasing growth was mostly due to rising local demand for chemicals coupled with engage in R&D cooperation with customers and institutes. These factors play significant role to develop higher demands for Industrial Motors in these industries resulting into the market growth.

Industrial Motor Market Challenges

  High cost of raw materials to manufacture industrial motors can hamper the market growth

High cost of raw materials to manufacture industrial motors can act as a major challenge restraining the growth of Industrial Motor Market. The cost of raw material such as metals which includes steel, aluminium and insulation materials are quite expensive. Moreover, these industrial motors consume more electricity which results into rise of cost per unit. Furthermore, availability of low quality industrial motors is another factor that can hamper the market growth. Leading industrial motor manufacturing companies are facing intense competition from local motor manufacturers supplying inexpensive and low-quality AC and DC Motors to tap local markets, thus competing strongly with the global suppliers in the respective markets. Owing to the above mentioned factors, use of energy efficient industrial motor will be significantly impacted, thus hampering its market growth.

Industrial Motor Market Landscape

Partnership, Acquisitions, Collaboration, technology launches and R&D activities are key strategies adopted by players in the Industrial Motor Market. The Industrial Motor Market top 20 companies include: ABB Ltd Siemens AG Nidec Corporation Brook Crompton UK LIMITED WEG S.A. Emerson Electric Co Rockwell Automation Inc TECO Electric & Machinery Co., Ltd Danfoss Toshiba Corporation Regal Rexnord Corporation Parker-Hannifin Corporation Fuji Electric Co., Ltd Eaton Corporation plc General Electric FANUC CORPORATION AMETEK, Inc Allied Motion Technologies Inc Hitachi, Ltd Bosch Rexroth AG

Recent Developments

In December, 2021, WEG S.A , the traditional supplier of electric motors, frequency drives, automation systems, paints and digital solutions (IOT and IA), signed partnership with Marcopolo for the development of Attivi, which is the first electric bus manufactured with its own chassis. Thus, the partnership is formed as Marcopolo Attivi is equipped with a WEG Powertrain and consist of a 395 kW and 2800 Nm of torque three-phase motor and a frequency drive. The WEG Powertrain is designed with the environmental protection principles, and thus, partnership is developed to adapt the vehicle to the demands for urban and intercity transports. In April 2021, Siemens announced the addition of the latest servo motors to its proven Sinamics S210 single-cable servo drive system. The Simotics S-1FS2 is a motor version with a stainless-steel housing, and featured with the highest degree of protection IP67/IP69, as well as high-resolution 22-bit absolute multi-turn encoders, resulting into the expansion of the range of applications across the food and beverage sector and pharmaceutical industry. In March 2020, Rockwell Automation launched New Fanless Kinetix VPC Servo Motor to offer better performance and higher energy efficiencies. The new fanless version of the Allen-Bradley Kinetix VPC enables Printers and other industrial operators to enhance their energy efficiency and reduce machine complexity with a continuous-duty servo motor from Rockwell Automation.

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Painting Tools Market Predicted to Witness Steady Growth by 2028

The painting tools market is expected to register notable gains by 2028 due to the expanding automotive industry across the globe.

Painting and coatings make products visually appealing and provide an added layer of protection and durability to products without adding any significant weight. Prevalent use of painting and coatings in varied applications has bolstered product uptake in recent years. Additionally, increasing adoption of flexible packaging solutions that utilize coated barrier systems, which enhance the recyclability and reusability of the packaging, has propelled market expansion.

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The painting tools market has been segmented based on application, product, and region. With respect to product, the market has further been bifurcated into masking tapes, brushes, spray gun, rollers, trays, scrapers, knives, and others (extension poles, sanding tools, trowels).

The brushes sub-segment is projected to grow at a CAGR of around 5.4% in terms of revenue over the assessment period. Paint brushes are one of the most fundamental and oldest tools that are used for painting. Brushes are utilized to paint corners, walls, and ceilings, which is not possible with rollers and spray guns. Paint brushes are classified on the basis of types of bristles, shapes, and sizes. Surging demand for paint brushes with high-quality natural or synthetic bristles that deliver a smooth finish and provide a comfortable grip is likely to drive segmental growth in the forthcoming years.

From the application perspective, the painting tools market has been divided into packaging, construction, industrial machineries & equipment, residential, furniture, commercial, appliances, industrial, and automotive.

The packaging sub-segment is slated to reach a substantial valuation by 2028, expanding at a CAGR of approximately 3% through the review timeline. Paints and coatings provide all the features required for primary and secondary packing, including high performance, lightweight, low contamination, and airtightness. Packaging items use about 70% less plastic as well as take up lesser space than rigid packaging options. In addition, the use of improved paints and coatings on these packaging helps in protecting the goods from outside influences, which is estimated to boost product demand over the forthcoming years.

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On the regional front, the Middle East & Africa painting tools market is poised to see robust expansion at a CAGR of more than 4.5% over the forecast period owing to high infrastructure spending and widespread post-war construction activities. The MEA painting tools market is dominated by Saudi Arabia and South Africa in terms of market share, with Saudi Arabia emerging as the fastest expanding market in the region. Notably, the booming domestic construction industry would bolster paint consumption, which is likely to drive regional market growth. Moreover, economic diversification and the growing tourism sector in the region are set to augment industry uptake over the upcoming years.

Table of Contents (ToC) of the report:

Chapter 1   Methodology and Scope

1.1    Market definitions

1.2    Base estimation & working

1.2.1    North America

1.2.2    Europe

1.2.3    Asia Pacific (APAC)

1.2.4    Latin America (LATAM)

1.2.5    Middle East & Africa (MEA)

1.3    Forecast calculations

1.3.1    COVID-19 impact calculations on industry forecast

1.4    Data Sources

1.4.1    Primary

1.4.2    Secondary

Chapter 2   Executive Summary

2.1    Global Painting Tools industry 360° synopsis, 2018 – 2028

2.1.1    Business trends

2.1.2    Product trends

2.1.3    Application trends

2.1.4    Regional trends

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HVAC & Construction Research Reports

Vacuum Pumps Market

Positive Displacement Blowers Market

Centrifugal Blower Market

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Industrial Air Blowers Market Size, Demand, Cost Structures, Latest trends, and Forecasts to 2024

Global Industrial Air Blowers Market 2018 Industry Research Report is a professional and in-depth study on the current state of the Global Industrial Air Blowers industry. This report studies Global Industrial Air Blowers in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2024.

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Complete report on Global Industrial Air Blowers Industry 2018 Market Research Report is spread across 106 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.

Segmentation By Key Player:

Cincinnati Fan,  Air Control Industries,  Gasho, Inc,  Atlantic Blowers,  Taiko,  Unozawa,  ANLET,  Gardner Denver,  GE Oil & Gas,  Aerzen,  Tuthill Corporation,  Kaeser Kompressoren,  Howden,  Siemens,  Atlas Copco,  Neuros,  Kawasaki

Segmentation By Product Type:

Centrifugal Blower, Roots Blower, Screw Blower, Other Types

Segmentation By Application Type:

 Oil and Gas Industry,  Chemical Industry,  Water Treatment Plant,  Power Industry,  Mining and Metallurgy,  Food Industry,  Others

The report provides insights on the following pointers:

– Market Penetration: Comprehensive information on the product portfolios of the top players in the Vertical Farming market.

– Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the Vertical Farming market

– Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the Vertical Farming market

– Market Development: Comprehensive information about emerging markets. This report analyzes the market for various protein assay products across geographies

– Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Vertical Farming market

With tables and figures helping analyze worldwide Global Industrial Air Blowers market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

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Blower Market 2022 New Report Size, Trends, Share, Growth Forecast By 2027

Blower Market 2022 New Report Size, Trends, Share, Growth Forecast By 2027

According to a research report “Blower Market by Product Type (Positive Displacement Blowers, Centrifugal Blowers, High-speed Turbo Blowers, Regenerative Blowers), Pressure (Up to 15 psi, 15-20 psi, Above 20 psi), Distribution Channel, End-Use Industry, & Region – Global Forecast to 2027″ published by MarketsandMarkets, the blower market size will grow to USD 4.3 billion by 2027 from USD 3.5…

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Fans and Blowers Market 2022 Major Factors That Can Increase the Worldwide Demand

The research report examines the Fans and Blowers industry’s present state, as well as trends, expansions, market share, industry growth, and cost structure. This study offers detailed industry forecasts, high-growth-potential applications, technological perspectives, and another key Fans and Blowers market indicators to assist you in making informed market management decisions. Customers will seek future growth patterns, creative approaches, and company revenue success in the global consumer survey. The research also includes precise demand forecasts for both regional and global Fans and Blowers markets. In addition, market trends such as overall market size, industry dynamics, client use cases, and industry size by region are examined in this study. Quantitative marketability statistics, forecast analysis, and historical data are all included in this study.

The Global Fans and Blowers Market Size is Projected to Reach a CAGR of 4.8% during 2022-2027.

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Top Leading Companies:

Greenheck, Twin City Fan, Systemair, Soler & Palau, Johnson Controls, Air Systems Components, Polypipe Ventilation, Zhejiang Shangfeng, Yilida, Acme Fans, Munters, Volution, Fläkt Group, Nanfang Ventilator

This research report gives a quantitative and qualitative analysis of the global market for Fans and Blowers’ allowing successful strategies to be developed to increase market growth and competitiveness. It’s looked at from both a primary and secondary standpoint, as well as important players in the room and sales estimates for the future Fans and Blowers market.

Different product types include:

Axial Fans and Blowers

Centrifugal Fans and Blowers

Others

Global Fans and Blowers business has Several end-user applications such as:

Commercial

Industrial

Others

For the forecast period, the global Fans and Blowers market report includes an in-depth analysis of revenue and current trends. The study identifies several possibilities as well as market trends and obstacles. The report contains industry characteristics, such as primary drivers, opportunities, constraints, and dangers, which are utilized to illustrate the impact of Fans and Blowers market expansion.

Regional Fans and Blowers Market (Regional Output, Demand & Forecast by Countries)

-North America (United States, Canada, Mexico)

-South America (Brazil, Argentina, Ecuador, Chile)

-Asia Pacific (China, Japan, India, Korea)

-Europe (Germany, UK, France, Italy)

-Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)

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Key Reasons to Purchase this Fans and Blowers Market Report:

The study covers everything from Fans and Blowers market worth to profit forecasts to market statistics, as well as the ongoing COVID-19 epidemic of growing competitive situations and manufacturers’ market approaches.

In this Fans and Blowers market research devoted exclusively to selecting big suppliers, our analysts present a comprehensive examination of all of the main organizations’ financial statements, output capacity, and SWOT analysis.

The competitive environment part also includes a look at the leading suppliers’ key growth plans, retail revenues, and global Fans and Blowers market ranking.

Key Points Covered in the Fans and Blowers Market Report:

This research looks at sales and revenue in the past and in the future. Understanding the different divisions helps you to value a variety of factors that drive overall Fans and Blowers market growth.

This research also looks at significant trends in the global market for Fans and Blowers’ The study digs into the several elements that impact the growth of the global Account-Based Advertising Software industry.

Aside from the acceptance rate, the global Fans and Blowers industry study depicts the whole amount of technological advancement made in recent years.

The company’s global sales generation is calculated and forecasted using top-down and bottom-up approaches.

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Roots blower optional inverter

Roots fan supporting inverter is an important means for many manufacturers to achieve energy saving. Some traditional power frequency equipment can also achieve more energy-saving operation through later frequency conversion transformation. The whole line of Three lobe double oil tank Roots Blower products can be equipped with variable frequency control, and for the equipment that needs to be transformed with frequency conversion, the blower summarizes 14 points for you to pay attention to in the selection of frequency converters: Experience sharing of Three lobe double oil tank Roots Blower manual

1. Select the inverter according to the load characteristics. There are many kinds of production machinery, with different performance and process requirements, and their torque characteristics are also different. Therefore, before applying the frequency converter, it is necessary to first understand the nature of the load carried by the motor, that is, the load characteristics, and then choose the frequency conversion. device.

There are three types of loads: constant torque load, square torque load and constant power load. Different types of loads should select different types of inverters.

Should the Roots blower be equipped with a G-type heavy-duty inverter or a P-type light-duty inverter?

2. When selecting the inverter, the actual motor current value should be used as the basis for the selection of the inverter, and the rated power of the motor can only be used as a reference. In addition, it should be fully considered that the output of the inverter contains high-order harmonics, which will cause the power factor and efficiency of the motor to deteriorate. When selecting a motor and a frequency converter, an appropriate margin should be reserved to prevent the temperature rise from being too high and affecting the service life of the motor.

3. If the inverter needs to run with a long cable, measures should be taken to suppress the influence of the long cable to the ground coupling capacitance, so as to avoid insufficient output of the inverter. Therefore, the inverter should enlarge the first gear selection or install an output reactor at the output end of the inverter.

Fourth, when the inverter is used to control several motors in parallel, it must be considered that the total length of the cables from the inverter to the motor is within the allowable range of the inverter. If it exceeds the specified value, it is necessary to enlarge one or two gears to select the inverter. In addition, in this case, the control mode of the inverter can only be V/F control mode, and the inverter cannot protect the overcurrent and overload protection of the motor. At this time, a fuse should be added to each motor to achieve protection.

5. For some special applications, such as high ambient temperature, high switching frequency, high altitude, etc., the inverter will be derated at this time, and the inverter needs to be enlarged by one gear.

6. When using the frequency converter to control the high-speed motor, the high-order harmonics also increase the output current value due to the small reactance of the high-speed motor. Therefore, when selecting a frequency converter for a high-speed motor, it should be slightly larger than that of an ordinary motor.

The Roots blower, Air suspension centrifugal turbo blower and other products launched by Ming Ye Machinery have low energy consumption, low noise, long temperature rise and long life. The characteristics of "three lows and one more". The products have won wide acclaim over the years and are well received by users. Widely used in sewage treatment, mining, metallurgy, chemical industry, light industry, building materials, electricity, flour, pneumatic conveying, aquaculture and other industries. The company always adheres to the market concept of excellent quality, reasonable price and high-quality service, and constantly adapts to the changes and needs of the international market, so that the majority of users can buy with confidence and use it. We sincerely invite friends at home and abroad to negotiate, cooperate and seek common development!

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Research Report to Understand Demographical Landscape of Ventilation Fans Market

Transparency Market Research delivers key insights into the global ventilation fans market. In terms of revenue, the global ventilation fans market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in this report.

Ventilation fans are a type of air blower that are designed to move the air in a ventilation system. These fans are an essential part of the HVAC system that circulate air through a building infrastructure.

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The key purpose of a ventilation system is to remove harmful or hazardous air from a workspace and supply fresh air instead. The fans in these systems intake the fresh air from outside and enables the system to re-circulate the air.

In the ventilation fans report, TMR predicts that rising concern regarding the betterment of indoor air quality would significantly drive the market. Increasing concerns about the health of workers has elevated the need for high performance, low energy consuming ventilation fans. In addition, growing emphasis by government authorities and labor communities to adapt a healthy working environment is also likely to fuel the demand for ventilation systems, subsequently driving the demand for ventilation fans.

In the ventilation fans market report, the market has been broadly segmented in terms of product type, installation, end use, and region. The product type segment includes axial fans and centrifugal fans. The axial fans segment is further segmented into propeller, tube-axial, and vane axial, whereas the centrifugal fans segment is sub-divided into forward inclined blades, backward inclined blades, and straight radial blades. During the forecast period, axial fans are expected to dominate the market owing to the rising demand for propeller and tube axial fans across residential, commercial, as well as industrial applications. Based on installation, the market has been segmented into wall mounted and roof mounted. Wall mounted fans are deployed over windows or vertical walls, whereas the roof mounted fans are fixed over the ceiling directly or in a duct. In the coming years, roof mounted fan installation is expected to rise at a relatively higher growth rate, due to their enhanced performance and ease of installation.

Based on end use, the market has been segregated into residential, commercial, and industrial, where the market for commercial is expected to account for majority share due to significant growth in the construction of commercial buildings. The commercial segment has been further divided into hotels & restaurants, malls & shopping complexes, hospitals & medical centers, warehouses and garages, and others; The industrial segment is split into oil & gas, automotive, food & beverage processing, chemical, industrial manufacturing, and others (mining, etc.). During the forecast period, the usage of ventilation fans in food & beverage processing industries are expected to grow at a noteworthy pace.  

Ventilation Fans Market: Prominent Regions

Presently, Europe dominates the global ventilation fans market, owing to the large-scale import of ventilation fans coupled with stringent government policies supporting the use of ventilation systems. Demand for ventilation fans in the region is primarily driven by its demand in Germany, the U.K., the Netherlands, and France, where the industrial sector is exponentially growing.

Furthermore, the market in Asia Pacific is forecasted to witness substantial growth rate during the forecast period. China is the largest Asian market for ventilation fans, followed by Rest of APAC (Hong Kong, Singapore, Korea, etc.), and India.

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Ventilation Fans Market: Key Players

Key players operating in the global ventilation fans market include Panasonic Corporation,   Nortek Inc., Systemair AB, Greenwood Airvac, Polypipe Ventilation, Vent-Axia, Airflow Developments Ltd., Mitsubishi Electric Corporation, Delta Electronics, Inc., and Titon plc. Companies operating in the ventilation fans market are extensively focusing on introducing innovative products in order to gain more market share.

Global Ventilation Fans Market: Segmentation

Ventilation Fans Market, by Product Type

Axial FansPropeller

Tube Axial

Vane Axial

Centrifugal FansForward Inclined Blades

Backward Inclined Blades

Straight Radial Blades

Ventilation Fans Market, by Installation

Wall Mounted

Roof Mounted

Ventilation Fans Market, by End Use

Residential

CommercialHotels & Restaurants

Malls & Shopping Centers

Hospitals & Medical centers

Warehouses & Garage

Others

IndustrialOil & Gas

Automotive

Food & Beverage Processing

Chemical

Industrial Manufacturing

Others

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