Industrial and Commercial Fans and Blowers Market Report 2021 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Industrial and Commercial Fans and Blowers - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Industrial and Commercial Fans and Blowers Market to Reach $9.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Industrial and Commercial Fans and Blowers estimated at US$8 Billion in the year 2020, is projected to reach a revised size of US$9.8 Billion by 2027, growing at a CAGR of 2.9% over the period 2020-2027.

The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 5.4% CAGR

The Industrial and Commercial Fans and Blowers market in the U.S. is estimated at US$2.2 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2027 trailing a CAGR of 5.4% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.4% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• A Curtain Raiser
• Recent Market Activity
• Impact of GDP Growth on the Market
• Steady Global Economy Bodes Well for the Market
• Manufacturing PMI - An Important Bellwether
• China Remains an Important Market
• Outlook
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS (Total 85 Featured)

• Acme Engineering & Manufacturing Corporation (USA)
• Air System Components, Inc. (USA)
• Airmaster Fan Company, Inc. (USA)
• Continental Blower, LLC (USA)
• CECO Environmental (USA)
• DongKun Industrial Co., Ltd. (South Korea)
• ebm-papst Group (Germany)
• FlaktGroup (Germany)
• Gardner Denver, Inc. (USA)
• Greenheck Fan Corporation (USA)
• Howden Group Ltd. (UK)
• Loren Cook Company (USA)
• Robinson Fans, Inc (USA)
• The New York Blower Company (USA)
• Tuthill Corporation (USA)

3. MARKET TRENDS & DRIVERS

• Increasing Renewal Energy Capacity to Drive Market
• Explosion of Data Centers to Drive the Need for Cooling Systems
• Developing Regions - Primary Growth Markets
• Weakening China: Still a Dominant Market for Industrial & Commercial Fans & Blowers
• Rising Environmental Concerns and Stringent Environmental Regulations - Key Rationale for Fans & Blower Installations in Industries & Commercial Establishments
• Volatile Oil Prices Affect Market
• Improved CapEx Prospects in Oil & Gas Sector to Benefit Demand
• Oil Price Shock Echoes Downstream into the Oil Refining & Processing End-Use Sector, Eliciting a Mixed Scenario of Profits and Losses
• Cautious Chemical Industry Presents Opportunities & Challenges for Fans & Blowers
• Cost Pressures & Environmental Concerns to Sustain Demand for Fans and Blowers in the Petrochemical Industry
• Reviving Commodity Prices Present Positive Prospects for Industrial Fans & Blowers
• Metal Processing Industries to Present Volatile Demand for Fans & Blowers
• Expected Revival of Nuclear Energy to Drive Opportunities in the Industrial Fans & Blowers Market
• Falling Agricultural Commodity & Oil Prices to Spur Growth in the Food Processing Industry & Benefit Demand for Processing Equipment Fans & Blowers
• Environmental & Waste Treatment Sector Adds to Growth Prospects
• Technology Developments - Crucial for Sustained Growth

4. GLOBAL MARKET PERSPECTIVE

• World Current & Future Analysis for Industrial and Commercial Fans and Blowers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
• World Historic Review for Industrial and Commercial Fans and Blowers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
• World 15-Year Perspective for Industrial and Commercial Fans and Blowers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/cho3z9