August 16, 2023 11:08 ET | Source: Transparency Market Research Transparency Market Research
Wilmington, Delaware, United States, Aug. 16, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - TMR projects Fan & Blower sales to increase by 5.7% between 2023 and 2031. Fans & blowers are expected to reach a market value of US$ 12.2 billion by 2031. Commercial and industrial applications use fans in a wide range of applications. Fans play a critical role in the support of processes and the safety of human beings, from shop ventilation to material handling to boiler applications. Brushless Motor By Pass
As environmental concerns become increasingly prevalent, there is a growing demand for energy-saving and environmentally friendly fan and blower solutions. A manufacturer who emphasizes energy efficiency and sustainability can take advantage of this growing market. A wide variety of fan and blower applications are used in the automotive industry, such as engine cooling in electric vehicles (EVs), cabin ventilation, and thermal management in hybrids (HAVs) and electric vehicles (EVs).
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Global Fans & Blower Market: Key Players Investments in research and development, product expansions, and mergers and acquisitions are the key business models of prominent manufacturers. Product development is also a major strategy of top players.
Acme Engineering & Manufacturing Corp, Airmaster Fan Company Inc. DongKun Industrial Co. Ltd. Flakt Woods Group SA. Gardner Denver Inc. Greenheck Fan Corp. Howden Group Ltd. Loren Cook Company. Pollrich DLK, and Twin City Fan Companies, Ltd. are the prominent entities profiled in the fans & blower market report.
According to the IEA, China consumed 33273.5 million tonnes of oil equivalent (MTOE) in 2019, which accounts for 54.6% of Asia-Pacific's total primary energy consumption. The American Society of Mechanical Engineers (ASME) defines fans, blowers, and compressors based on the specific ratio. The proper use of industrial fans in industrial settings can provide many benefits. In addition to removing pollutants and air contaminants from the air, they also reduce smoke and offensive odors. Due to their ability to reduce humidity and heat levels, industrial fans have a significant impact on the environment.
Key Findings of the Market Report
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Global Fans & Blower: Growth Drivers
Global Fans & Blower Market: Regional Landscape
Global Fans & Blower Market: Segmentation
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Blower Motor Price Nikhil Sawlani Transparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Website: https://www.transparencymarketresearch.com Blog: https://tmrblog.com Email: sales@transparencymarketresearch.com