Image

Market Research of axial fan 2/5

Global market revenue of axial fan from 2016-2023($M)

Market Research of axial fan 2/5

Key Drivers of the Global Axial Fans Market

Global market drives

· 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.

Impact of COVID-19 Pandemic on Axial Fans Market

The outbreak of COVID-19 has created significant disruptions in primary industries such as food & beverage, energy & power, electronics & semiconductor, and chemicals. A sharp decline in the growth of mentioned industrial activities is impacting the growth of the global axial fans market as they are the major supply and demand sources for axial fans products and solutions. Also, applications such as vending machines, snow making machines, and HVAC systems, where axial fans play a crucial role have witnessed strategic decline in the adoption of the products, thus has created a negative impact in the market growth. The factory shutdowns, travel bans, trade bans, and border lockdowns to combat and contain the outbreaks have impacted manufacturing, supply, and sales of various electronic components that are required for the manufacturing of axial fans. The estimated impact of COVID-19 outbreak on the growth of global axial fans market in various countries/regions is described below.

Market Research of axial fan 2/5

Releated Posts

What are the applications of cooling fans

What are the applications of cooling fans In the previous content, we have roughly explained the structure, function…

ByBydev, xixiJan 1, 0001

What types of cooling fans are usually divided into

Cooling fans are generally divided into the following three categories: 1 axial flow type: the direction of the…

ByBydev, xixiJan 1, 0001

Why the price of raw materials rising 20-40% or more in 2021?

Let‘s see how much raw materials have risen. According to official data, Copper rose 38%, Plastics rose 35…

ByBydev, xixiJan 1, 0001

FAQ

FAQ Q1: What kinds of products supplied by your factory? A1: We Product DC Cooling fan,DC blower cooling…

ByBydev, xixiJan 1, 0001

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to Top