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Global Centrifugal Fan Market Size, Trends & Growth Opportunity, By Type (Backward, Forward, and Others), By Application (Industrial, Commercial, and Others), By Region and Forecast till 2027.


Report ID : IR1001801 | Industries : Automotive and Transportation | Published On :June 2024 | Page Count : 195

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  • Global Centrifugal Fan Market Size, Trends & Growth Opportunity, By Type (Backward, Forward, and Others), By Application (Industrial, Commercial, and Others), By Region and Forecast till 2027.
    Global Centrifugal Fan Market
    The Global Centrifugal Fan Market is expected to grow from US$ 2.86 Billion in 2021 to US$ 5.9 Billion by 2027; it is estimated to grow at a CAGR of 12.83% from 2022 to 2027.
    Market Overview
    A centrifugal fan is a mechanical tool utilized for directing air and gases at an inclined angle to the incoming fluid. The fan wheel, which consists of several blades mounted on a circular hub, increases the air pressure upon entry. There are different categories of centrifugal fans, including Forward, Backward, and several others.
    Market Drivers
    The global centrifugal fan market is expected to experience growth primarily due to an increase in demand for these fans in the construction industry. Moreover, technological advancements will also contribute to market expansion. Furthermore, significant players launching new products will propel market growth. For example, in July 2019, Rosenberg introduced an energy-efficient EC centrifugal fan with a scroll frame, specifically designed for efficient centrifugal air movement. This product is available in two sizes, namely 250mm and 280mm.
    Market Restraints
    A significant hindrance that is expected to limit the growth of the worldwide centrifugal fan market is the insufficient availability of electrical equipment, which includes fans.
    Market Segmentation
    The global centrifugal fan market is divided into several segments based on type, application, and region. The type segment includes backward, forward, and others. The application segment comprises industrial, commercial, and others. Furthermore, the market is categorized by region into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. The Asia-Pacific region is expected to dominate the market shortly, mainly due to the high demand for these products in developing countries like China, India, Japan, and others. The primary reason for this demand is the fast urbanization of cities and the expansion of commercial and industrial spaces in these regions.
    Market Key Players 
    Various key players are discussed in this report such as Greenheck Fan, Twin City Fan, Air Systems Components, FläktGroup, Rosenberg, New York Blower, Johnson Controls, Loren Cook, and 
    Howden.
    Industrial Development 
    • In December 2020, the US-based Air Movement and Control Equipment producer The Greenheck Group announced that it would acquire Metal Industries for an undisclosed fee. Greenheck wants to raise brand recognition by including air movement, control, and conditioning products into its brand portfolio. The US-based company Metal Industries, Inc. offers fans and blowers, as well as air terminal units and products for air distribution.
    Market Taxonomy
    By Type
    • Backward
    • Forward
    • Others
    By Application
    • Industrial
    • Commercial
    • Others
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    Key Questions Addressed by the Report
    • What are the Key Opportunities in Global Centrifugal Fan Market?
    • What will be the growth rate from 2022 to 2027?
    • Which segment/region will have highest growth?
    • What are the factors that will impact/drive the Market?
    • What is the competitive Landscape in the Industry?
    • What is the role of key players in the value chain?
    • What are the strategies adopted by key players?
     

    Global Centrifugal Fan Market 
    1 Introduction
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Centrifugal Fan Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5  Global Centrifugal Fan Market, By Type
    5.1 Y-o-Y Growth Comparison, By Type 
    5.2 Global Centrifugal Fan Market Share Analysis, By Type 
    5.3 Global Centrifugal Fan Market Size and Forecast, By Type
    5.3.1 Backward
    5.3.2 Forward
    5.3.3Others
    6  Global Centrifugal Fan Market, By Application
    6.1 Y-o-Y Growth Comparison, By Application
    6.2 Global Centrifugal Fan Market Share Analysis, By Application
    6.3 Global Centrifugal Fan Market Size and Forecast, By Application
    6.3.1 Industrial
    6.3.2 Commercial
    7 Global Centrifugal Fan Market, By Region
    7.1 Global Centrifugal Fan Market Share Analysis, By Region
    7.2 Global Centrifugal Fan Market Size and Forecast, By Region
    8 North America Centrifugal Fan Market Analysis and Forecast (2022 – 2027)
    8.1 Introduction
    8.2 North America Centrifugal Fan Market Share Analysis, By Type
    8.3 North America Centrifugal Fan Market Size and Forecast, By Application
    8.4 North America Centrifugal Fan Market Size and Forecast, By Country
    8.4.1 U.S
    8.4.2 Canada
    8.4.3 Mexico
    9 Europe Centrifugal Fan Market Analysis and Forecast (2022 – 2027)
    9.1 Introduction
    9.2 Europe Centrifugal Fan Market Share Analysis, By Type 
    9.3 Europe Centrifugal Fan Market Size and Forecast, By Application 
    9.4 Europe Centrifugal Fan Market Size and Forecast, By Country
    9.4.1 Germany
    9.4.2 France
    9.4.3 UK
    9.4.4. Rest of Europe
    10 Asia Pacific Centrifugal Fan Market Analysis and Forecast (2022 – 2027)
    10.1 Introduction
    10.2 Asia Pacific Centrifugal Fan Market Share Analysis, By Type 
    10.3 Asia Pacific Centrifugal Fan Market Size and Forecast, By Application 
    10.4 Asia Pacific Centrifugal Fan Market Size and Forecast, By Country
    10.4.1 China
    10.4.2 Japan
    10.4.3 India
    10.4.4. Rest of Asia Pacific
    11 Latin America Centrifugal Fan Market Analysis and Forecast (2022 – 2027)
    11.1 Introduction
    11.2 Latin America Centrifugal Fan Market Share Analysis, By Type 
    11.3 Latin America Centrifugal Fan Market Size and Forecast, By Application 
    11.4 Latin America Centrifugal Fan Market Size and Forecast, By Country
    11.4.1 Brazil
    11.4.2 Rest of Latin America
    12 Middle East Centrifugal Fan Market Analysis and Forecast (2022 – 2027)
    12.1 Introduction
    12.2 Middle East Centrifugal Fan Market Share Analysis, By Type 
    12.3 Middle East Centrifugal Fan Market Size and Forecast, By Application 
    12.4 Middle East Centrifugal Fan Market Size and Forecast, By Country
    12.4.1 Saudi Arabia
    12.4.2 UAE
    12.4.3 Egypt
    12.4.4 Kuwait
    12.4.5 South Africa
    13 Competitive Analysis
    13.1 Competition Dashboard
    13.2 Market share Analysis of Top Vendors
    13.3 Key Development Strategies
    14 Company Profiles
    15.1 Greenheck Fan
    15.1.1 Overview
    15.1.2 Offerings
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2 Twin City Fan
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3 Air Systems Components
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 FläktGroup
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Rosenberg
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 New York Blower
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 Johnson Controls
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies
    15.8 Loren Cook
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies
    15.9 Howden
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financials
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies