About Explosion Proof Fans
A fan or blower for a hazardous location often called an explosion-proof fan, is required where flammable or combustible materials are in the atmosphere or being conveyed. It is usually located inside an enclosure or cabinet containing analytical or other heat-sensitive equipment. The explosion-proof fans are used to remove hot air from the interior of the enclosure in order to keep the equipment at a suitable temperature.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that German Manufacturers will contribute the maximum growth to Global Explosion Proof Fans market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Elektror airsystems GmbH (Germany), Rosenberg Ventilatoren GmbH (Germany), Shield Air Solutions, Inc. (United States), Systemair (Sweden), Americraft Manufacturing (United States), Mulfingen GmbH & Co. KG (Germany), Panasonic (Japan), Cincinnati Fan (United States), Twin City Fan and Blower (United States), Canarm Ltd. (Canada) and Ventilatorenfabrik Oelde GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Air Control Industries Ltd. (United States), Unifire Inc. (United States) and Aerotech Fans (Australia).
Segmentation Overview
AMA Research has segmented the market of Global Explosion Proof Fans market by Type (Centrifugal Fans [Pressure Blowers, Volume Blowers] and Axial Flow Fan [Tube, Panel, Personnel Coolers, Air Circulators]), Application (Paint Spray Booth, Grain Storage Bins, Chemical Room, Ammunition Manufacturing, Warehouse, Refineries and Fuel Storage and Others) and Region.
On the basis of geography, the market of Explosion Proof Fans has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Sweden, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-User, the sub-segment i.e. Industrial will boost the Explosion Proof Fans market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mounting Type, the sub-segment i.e. Shutter Mounted will boost the Explosion Proof Fans market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid Industrialization Is Continuously Raising Product Demand
Market Growth Drivers:
Increasing Manufacturing Activities in Developing Economies and Growing Need for Industrial Products for Air Blowers
Challenges:
High Manufacturing Costs
Restraints:
The High Cost of Devices to Produce Fans
Opportunities:
Rising Mining Industry Will Boost the Market Growth for Explosion Proof Fans
In OCTOBER 2023, Axair Fans is excited to announced the latest addition to its already impressive range of fume extraction fans. The SEAT S50 polypropylene fan; the largest and most powerful fan in Axair’s ‘S’ range, is now available in ATEX, certified for use in Zone 2 hazardous gas environments.
Key Target Audience
Manufacturers of Explosion Proof Fans, Suppliers of Explosion Proof Fans, Wholesalers, Distributors and Retailers of Explosion Proof Fans, Oil & Gas Industry, Chemical Industry and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.