Global Centrifugal Fans Industry Market Report by 2026

According to the report, the Centrifugal Fans market is expected to grow from USD 4,566 million in 2019 to USD 5,023 million by 2026, growing at a CAGR of 3.27% from 2019 to 2026.

• Base Year: 2018
• Estimated Year: 2019
• Forecast Period: 2019 to 2026

Market Overview

The global Centrifugal Fans market is estimated to be USD 4,566 million in 2019 and is expected to reach USD 5,023 million by 2026, with a CAGR of 3.27% during the forecast period.

Growing demand from HVAC industry and increasing demand from food processing industry will drive the growth of Centrifugal Fans market. But high maintenance cost might restrain the market growth.

A centrifugal fan is a mechanical device for moving air or other gases. The pressure of an incoming airstream is increased by a fan wheel, a series of blades mounted on a circular hub. Centrifugal fans move air radially-the direction of the outward flowing air is changed, usually by 90°, from the direction of the incoming air.

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Competitive Insights

Key players operating in this market include Greenheck Fan, Twin City Fan, Ebm-Papst, Air Systems Components, Fl ktGroup, New York Blower, Johnson Controls, Loren Cook, Howden, Nanfang Ventilator, Yilida, Systemair, Acme Fans, Ventmeca, Soler & Palau, Cincinnati Fan, Zhejiang Shangfeng, Nortek Air Solutions, and Mitsui Miike Machinery.

Regional Insights

Global Centrifugal Fans Industry Revenue (Million USD), Market Share (%), Growth Rate (%) by Regions in 2018

Regions	Revenue (Million USD)	Market Share (%)	CAGR 2019-2026(%)
North America · United States · Canada ·  Mexico	XXXX	26.49%	XXXX%
Europe · Germany · UK · France · Italy ·  Nordic Countries · Spain · Belgium · Poland · Russia · Turkey · Others	XXXX	23.16%	XXXX%
Asia-Pacific · China · Japan · India · South Korea · Australia and New Zealand ASEAN Countries	XXXX	43.33%	XXXX%
Latin America, Middle East & Africa ·  GCC Countries · Brazil · Nigeria · South Africa · Argentina · Others	XXXX	7.02%	XXXX%
Total	XXXX	100%	XXXX%

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Type Insights

l   Radial

l   Backward

l   Forward

Application Insights

l   Commercial

l   Industrial

l   Others

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Audience

l  Centrifugal Fans manufacturers

l  Distributors and resellers of Centrifugal Fans

l  Centrifugal Fans industry associations

l  Product managers, Centrifugal Fans industry administrator, C-level executives of the industries

l  Market Research and consulting firms

l  Small and Medium-sized Enterprises (SMEs)

l  Raw material suppliers of Centrifugal Fans