PUBLISHER: QYResearch | PRODUCT CODE: 1180576
PUBLISHER: QYResearch | PRODUCT CODE: 1180576
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Due to the COVID-19 pandemic, the global market for Cooling Fan is estimated to be worth US$ 13.7 billion in 2022 and is forecast to a readjusted size of US$ 18.0 billion by 2028 with a CAGR of 3.86% during the review period.
China Cooling Fan market size was valued at US$ 2.5 billion in 2021, while the US and Europe Cooling Fan are US$ 4.1 billion and US$ 4.3 billion, severally. The proportion of the US was 30.04% in 2021, while China and Europe are 18.60% and 31.55% respectively, and it is predicted that China proportion will reach 20.35% in 2028, trailing a CAGR of 5.08% through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR 4.43%, 4.00%, and 4.67% respectively for the next 6-year period. As for the Europe Cooling Fan landscape, Germany is projected to reach US$ 1.04 billion by 2028 trailing a CAGR of 3.92% over the forecast period.
The global main manufacturers of Cooling Fan include Ebm-papst, Delta Group, ZIEHL Abegg, NMB, SUNON, Nidec Corporation, Sanyo Denki, Aerovent, and Horton, etc. In 2021, the global five largest players have a share approximately 24.57% in terms of value.
In 2021, Axial Fans segment accounted for a share of 54.79% in the global Cooling Fan market. And this product segment is poised to reach US$ 9.9 billion by 2028 from US$ 7.5 billion in 2021.
In Cooling Fan market, the Ventilation segment holds an important share in terms of application, and it is expected to reach a revenue of US$ 7.36 billion by 2028, at a CAGR of 3.71% during 2022 and 2028.
Cooling Fan market is segmented by region, by country, by company, by Type, and by Application. Players, stakeholders, and other participants in the global Cooling Fan market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2017-2028.