Industrial fans, usually large fans, refer to fans used in industrial environments. Industrial fans are generally driven by industrial belts and are required to bear a large amount of blade rotation power. They have the characteristics of simple structure, stability, durability, large air volume, easy cleaning, and easy maintenance. They are widely used in industrial plants such as mechanical processing, injection molding, and packaging,

Overview of Market Development and Analysis of Segmented Markets

Thanks to the acceleration of industrial automation and the increase of various industrial facilities, the North American industrial fan market has shown a steady growth trend in recent years. According to our research data, the North American industrial fan market size in 2023 was $2779 million. In the future, with the advancement of technology and the diversification of industrial applications, the demand for industrial fans in the market will continue to change. With the development of technologies such as brushless DC motors and the Internet of Things, industrial fans will move towards greater intelligence and remote control, which will bring greater development space to the market. It is expected that the size of the North American industrial fan market will increase to $3277 million by 2028.

According to the direction of airflow, industrial fans can be divided into centrifugal, axial, oblique, and transverse flow types. Among them, centrifugal industrial fans dominate the market. According to our data, the segmented market size of centrifugal industrial fans in North America in 2023 was $1169 million, with a market share of 42.06%.

 

Source: www.globalmarketmonitor.com

Analysis of Market Competition Pattern

From the perspective of market competition, the concentration of the North American industrial fan market is relatively low. Data shows that in 2023, the total sales value of industrial fans for the top 3 enterprises in the industry was $760 million, with a total sales share of 27.31%. The top three companies were Ebm Papst, Big Ass Fans, and Twin City Fan. In 2023, these three companies accounted for 11.39%, 8.55%, and 7.37% of industrial fan sales in the global market, respectively.

Industrial Fan Sales Value and Share of Main Companies in 2023

Companies	Sales Value (Million USD)	Share
Ebm-Papst	317	11.39%
Big Ass Fans	238	8.55%
Twin City Fan	205	7.37%
Top3	760	27.31%

Source: www.globalmarketmonitor.com