Industry Background:
Mixed fans are intended used in general HVAC and industrial applications where large volumes of clean air are compulsory at low to moderate pressures. Mixed flow fans deliver high performance of a centrifugal fan with the space-saving advantages of an axial-type fan. There are a huge variety of fans are available in the market that offers the flexibility to meet the high performance and application demand at very high efficiencies.
According to AMA Research, the market for Mixed Flow Fan is expected to register a CAGR of 7.0% during the forecast period to 2030. This growth is primarily driven by Growth in Application Areas
.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | K Unit |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Heavy Electrical Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Greenheck (United States), Continental Fan (United States), Systemair AB (Sweden), Multi-Wing International (Denmark), VENTS (Ukraine), Howden Group (United Kingdom), Vent-Axia (United Kingdom), Strobicair (United States), Fantech (United States) and B. O. B Stevenson Limited (United Kingdom), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In March 2023, ACI Mechanical Sales announced a new partnership with Twin City Fan & Blowers. This collaboration aims to bring a broad range of air movement solutions, including mixed-flow fans, to ACI's commercial customers in the Pacific Northwest.
In August 2023, Accurex announced the launch of its redesigned mixed-flow untampered supply fans. It provides efficient, balanced airflow within the kitchen ventilation system while saving energy and costs.The leading companies are exploring in this market in new geographical regions by adopting various mergers & acquisitions, expansions, investments, new product launches, and collaborations as their business strategies. The major players are expanding their product portfolio with its supply units in new areas through expansions and acquisitions across the globe to achieve a competitive advantage through combined initiatives.
Influencing Trend:
Growing Demand for the Dual-Shaft Internally Mixed Turbofan and High Adoption for the Pharmaceutical Applications
Market Growth Drivers:
Growth in Application Areas and Development in Manufacturers in Asia Pacific Region
Challenges:
High Cost Associated with Mixed Flow Fan
Restraints:
Slowdown in Economy
Opportunities:
Increasing Number of Manufacturing Units in Emerging Regions and Enhancement in Supply Chain
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Mixed Flow Fan Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Mixed Flow Fan Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Mixed Flow Fan players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Mixed Flow Fan Study Sheds Light on
The Mixed Flow Fan Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Mixed Flow Fan industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Mixed Flow Fan industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.