Fans & Blowers Market: To Witness Excellent Revenue Growth, Emerging Trends & Forecast To 2020 - 2030

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Fans & Blowers Market: Introduction
Transparency Market Research delivers key insights on the global fans & blowers market. In terms of revenue, the global fans & blowers market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global fans & blowers market report.
In this market report, TMR predicts the growing commercial and industrial sector across the globe to have a noteworthy impact on the overall fans & blowers market. Advancements in product design and the introduction of smart ceiling fans are anticipated to propel the sales of fans & blowers in the Asia Pacific region. The introduction of fans & blowers with increased efficiency, easy handling, self-cleaning, and reduced noise is likely to drive the market during the forecast period. 
Based on distribution channel, the fans & blowers market has been segmented into online and offline. The offline segment is anticipated to expand at a significant growth rate during the forecast period. Asia Pacific has seen a surge in adoption of e-Commerce among consumers, which in turn has increased online retail sales of fans & blowers.

Advanced Blowers Resolve Issue of Lack of Make-up Air in Buildings

Engineers are continually reinventing the form and function of fans & blowers to adapt to traditional airflow and ventilation systems. However, it is still challenging to recognize problems in providing better environmental control in buildings, manufacturing facilities, and plants. Hence, companies in the fans & blowers market are increasing their R&D capabilities to produce advanced equipment that address the issue of lack of make-up air in buildings and other facilities. Lindberg Process Equipment - a provider of energy & combustion systems for industrial and mining fields is enhancing its product portfolio in high-pressure blowers and pneumatic systems that forcibly propel granular materials through ducts to keep the ductwork clear of contaminants.
Since using high-pressure blowers can take a toll on power consumption, manufacturers in the fans & blowers market are introducing smart controls in equipment that reduce the amount of power necessary to keep the machines running.

Growing Commercial and Industrial Sectors: Key Driver of Global Market

  • Globalization has led to an increase in the number of companies, industries, and commercial spaces. Rapid industrialization and urbanization have resulted in uplifting various economies around the world, which has led to the growth of the commercial sector. Fans & blowers are widely used in industrial and commercial applications such as material handling, ventilation, refrigeration, boilers, cooling applications, and dust collection. The rising number of end-use industries is a major driver for the fans & blowers market.
  • Fans & blowers can be used with existing HVAC systems to maintain a desired temperature and helps in reducing energy cost. Usage of data-intensive applications and cloud platforms was already on the rise and has surged during the COVID-19 pandemic. Development of data centers is increasing in many non-traditional locations, which is expected to fuel the fans & blowers market during the forecast period.

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