DUBLIN, December 06, 2021--(BUSINESS WIRE)--The "Fans and Blowers Global Market Report 2021: COVID-19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering.
The global fans and blowers market is expected to grow from $5.15 billion in 2020 to $5.39 billion in 2021 at a compound annual growth rate (CAGR) of 4.6%.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $7.01 billion in 2025 at a CAGR of 6.8%.
Technological advancements are shaping the fans and blower's market. Companies manufacturing fans and blowers have introduced technologies such as liquid cooling technology for better performance. For instance, in September 2020, Boyd Corporation, a US-based company, has designed a low-profile cooling ultra-thin and lightweight blower, using liquid cooling technology. These are as thin as 3mm which functions well in high pressure and provides cooling while maintaining the durability and are designed in thin and ultra-thin profiles which are ideal for the smaller, more powerful devices.
Growing commercial kitchens across the globe are expected to contribute to the growth of the fans and blowers market. Commercial kitchens including culinary kitchen, shared kitchen, kitchen incubator, food innovation center is a fully stocked preparatory kitchen which is created for shared use. It also includes ghost kitchens which are stripped-down commercial kitchen facilities with no dine-in option. Most of these kitchens require at least one upblast exhaust fan and hood system to keep the air clean and reduce the chance of a dangerous grease fire.
The countries covered in the fans and blowers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider fans and blowers market, and compares it with other markets.
The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
Market segmentations break down market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
The fans and blowers market section of the report gives context. It compares the fans and blowers market with other segments of the fans and blowers market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, fans and blowers indicators comparison.
Acme Engineering and Manufacturing Corporation
Aerzener Maschinenfabrik GmbH
Air System Components Inc.
Cincinnati Fan and Ventilator Company Inc.
Continental Blower LLC
Zhejiang Shangfeng Fan/motor Co. Ltd
Garden Denver Inc.
Greenheck Fan Corporation
Howden Engineering Limited
Johnson Controls International plc
Nanfang Ventilator Co. Ltd.
Robinson Fans Inc.
Soler & Palau Sistemas de Ventilacion S.L.U.
Twin City Fan Companies
Ventmeca Fans Inc.
Vortice Elettrosociali S.p.A.
Zhejiang Shangfeng Fan/motor Co. Ltd
CG Power and Industrial Solutions Limited
Industrial Solutions Limited
Loren Cook Company
For more information about this report visit https://www.researchandmarkets.com/r/pwk9vv
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