Axial Fans: Introduction

  • Axial fans are a type of fan that causes gas to flow through it in an axial direction parallel to the shaft above which the blades rotate. The flow is axial at entry and exit. Axial fans also have the ability to produce pressure difference.
  • Performance of an axial fan depends on the shape of blades and number of blades. The product has high usage in wind tunnels and cooling towers.

Key Drivers of the Global Axial Fans Market

  • Axial fans work to create low-pressure, high-volume airflows. The product finds usage in confined cooling spaces including server rooms and work spaces.
  • A standard AC model is energy efficient. Axial fans consume around 100 watt electricity during its high speed rotation. It can be connected directly to a DC power source including batteries and solar panels. Thus, it is widely used in different vending machines as a result of its even flow of cold air.
  • Advancement in vending machine technology is driving manufacturers to invest in high quality axial fans. This factor is expected to boost its usage in the coming years.

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Rising Demand for Cooling Towers to Create New Market Opportunities

  • Overheating is a major throwback of various technologies. Axial fans help products to deal with problems of overheating. Furthermore, rising number of cooling towers at the global level is driving the sales of axial fans.

Volatility in Raw Material Cost to Hamper the Global Axial Fans Market

  • The global axial fans market is affected negatively as a result of changing raw material cost. The price of metal is volatile at the global level which restricts the growth of the axial fans market.

Asia Pacific the Dominant Market for Axial Fans

  • Asia Pacific was the fastest growing axial fans market in 2018. Rising investment in cooling towers from developing economies including China and India is driving the market growth.
  • North America and Europe accounted for significant share of the axial fans market, with major players operating their global market from these regions. The U.S. accounted for major market share in North America.

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Key Players Operating in the Global Market

The global axial fans market is fragmented in nature. Key market participants are signing strategic partnerships and taking strategic merger and acquisition decisions to increase their global market reach. Companies are working on axial fan technology operational at low energy. The global energy crisis is driving manufacturers to work on these features. Germany based company ebm-papst has invested in low energy consuming axial fan production to increase their product demand. A few of the key players operating in the global axial fans market are listed below:

  • ebm-papst
  • Oriental Motor
  • Sofasco Fans
  • Pelonis Technologies
  • Fulltech Electric
  • ADDA Corporation
  • Sunon
  • Almeco
  • Howden
  • Halifax Fan
  • Commonwealth Industrial Corporation
  • Delta Fan
  • NMB Technologies
  • Thermaco Inc.
  • Nidec Corporation

Global Axial Fans Market: Research Scope

Global Axial Fans Market, by Product

  • AC Axial Fans
  •  DC Axial Fans

Global Axial Fans Market, by Type

  • Centrifugal Fans
  • Axial Fans
  • Cross Flow Fans
  • Domestic Exhaust Fans
  • Power Roof Fans
  • Range Hood Fans

Global Axial Fans Market, by End-users

  • Residential
  • Commercial
  • Industrial

Global Axial Fans Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

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

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
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  • Current trends/opportunities/challenges
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  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
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  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
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