Application Segment Insights
Based on application, the axial fans market has been segmented into radiator, cooling & refrigeration, ventilation, and others. The cooling & refrigeration segment accounted for the largest share of the axial fans market in 2020. Moreover, the ventilation segment is projected to grow at the fastest pace during the forecast period.
Type Segment Insights
Based on type, the axial fans market has been segmented into AC, DC, and EC. The AC axial fans segment accounted for the largest share of the axial fans market in 2020. Moreover, the EC axial fans segment is projected to grow at the fastest pace during the forecast period.
End-User Segment Insights
Based on end user, the axial fans market has been segmented into commercial, industrial, and residential. The industrial segment accounted for the largest share of the axial fans market in 2018. Moreover, the residential segment is projected to grow at the fastest pace during the forecast period. Axial fans are well suited for high flow usage and for low air resistance conditions.
Strategic Insights
The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.
The global Axial Fans market has been segmented as follows:
Axial Fans Market – by Speed
· Low Speed
· Medium Speed
· High Speed
Axial Fans Market – by Size
· Diameter (130-250) MM
· Diameter (250-910) MM
· Diameter (910-1500) MM
· Diameter Above 1500 MM
Axial Fans Market – by Application
· Radiator
· Cooling & Refrigeration
· Ventilation
· Other
Axial Fans Market – by Type
· AC
· DC
· EC
Axial Fans Market– by End-User
· Commercial
· Industrial
· Residential
Axial Fans Market – by Region
· North America
o US
o Canada
o Mexico
· Europe
o France
o Germany
o Italy
o UK
o Russia
o Rest of Europe
· Asia Pacific (APAC)
o China
o India
o South Korea
o Japan
o Australia
o Rest of APAC
· Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o UAE
o Rest of MEA
· South America (SAM)
o Brazil
o Argentina
o Rest of SAM
Axial Fans Market: Companies profile
· Rosenberg Ventilatoren GmbH.
· Sofasco Fans.
· Sunonwealth Electric Machine Industry Co., Ltd
· ZIEHL-ABEGG
· OMRON Corporation
· Hidria
· Fulltech Electric Co., Ltd.
· Howden Group
· COOLTRON Industrial Supply, Inc.
· Oriental Motor USA Corp
· ebm-papst
· Pelonis Technologies, inc.
· WingFan Ltd. & Co. KG
· Nuaire
· Multi-Wing International a/s
· FläktGroup Holding GmbH
· Horton Holding, Inc.
· Phillips & Temro Industries
· Elta Fans
· BorgWarner Inc.
· Cofimco Srl
Key Players and their investment analysis in 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
· Greenheck
· Systemair
· Soler and Palau
· FläktGroup
· Ebm-Papst
· Polypipe Ventilation
· Acme Fans
· Air Systems Components
· Zhejiang Shangfeng
· Nanfang Ventilator
· Hitachi
· Twin City Fan
· Cofimco
· Howden
· Johnson Controls
· Loren Cook
· Marathon
· Patterson
· Yilida
· Mitsui Miike Machinery
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