NEW YORK, Jan. 9, 2017 /PRNewswire/ -- This report analyzes the worldwide markets for Industrial and Commercial Fans and Blowers in US$ Million. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2015 through 2022. Also, a six-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 87 companies including many key and niche players such as -
Acme Engineering & Manufacturing Corp.
Air System Components, Inc.
Airmaster Fan Company, Inc.
Continental Blower, LLC
CECO Environmental
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I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
Study Reliability and Reporting Limitations I-1 Disclaimers.............. I-2 Data Interpretation & Reporting Level I-2 Quantitative Techniques & Analytics I-3 Product Definitions and Scope of Study I-3
II. EXECUTIVE SUMMARY
1. INDUSTRY OVERVIEW.............. II-1 A Curtain Raiser.............. II-1 Continued Weakness in Post-Recession Global Economic Growth Creates Soft Growth Patches in the Industrial & Commercial Fans & Blowers Market..............II-2 Global Economic Recovery Continues to Remain Lethargic II-2 Table 1: Highlighting Soft Patches of Economic Data Responsible for the Tempered Outlook for the Industrial & Commercial Fans & Blowers Market: World Real GDP Growth Rates in % by Country/Region for the Period 2014-2017P (includes corresponding Graph/Chart) II-3 Mixed Case Scenario for Fans & Blowers Market as Industrial & Commercial Sector Walks the Tight Rope Amid Lethargic Global Economic Growth..............II-4 Table 2: With Manufacturing PMI Swinging Between Volatile Gains & Losses, the Manufacturing Industry Walks the Tight Rope: Breakdown of Global Manufacturing Purchasing Managers' Index (PMI) Points for the Years 2010 through 1H 2016 (includes corresponding Graph/Chart) II-5 Outlook.............. II-6
2. NOTEWORTHY TRENDS, GROWTH DRIVERS & ISSUES II-7 Developing Regions - Primary Growth Markets II-7 Weakening China: Still a Dominant Market for Industrial & Commercial Fans & Blowers..............II-8 Table 3: China's Dominant Hold on Global Manufacturing Output & Its Central Role in World Trade Makes the Country a Major Market for Industrial Fans & Blowers in Asia: % Breakdown of Global Manufacturing Output by Region for the Years 1990 and 2016 (includes corresponding Graph/Chart) II-9 Rising Environmental Concerns and Stringent Environmental Regulations - Key Rationale for Fans & Blower Installations in Industries & Commercial Establishments II-9 Prolonged Decline in Oil Prices & Uncertain Exploration Investments Dampen Demand Outlook in the Oil & Gas Industry II-10 Table 4: Steep Decline in Crude Oil Prices Push Industrial Fans & Blowers in the Oil & Gas Sector into a Rough Growth Patch: OPEC Crude Oil Prices (In US$ Per Barrel) for the Years 2013 Through 2016 (includes corresponding Graph/Chart) II-12 Oil Price Shock Echoes Downstream into the Oil Refining & Processing End-Use Sector, Eliciting a Mixed Scenario of Profits and Losses..............II-12 Table 5: Mixed Outlook for Oil Refining Capacity Additions Creates a Bumpy Road Ahead for Fans & Blowers in the Oil Refining & Processing End-Use Sector: World Net Refining Capacity Additions (In 000 Barrels of Oil Per Day) by Region for the Years 2013 through 2017 (includes corresponding Graph/Chart).............. II-14 Cautious Chemical Industry Presents Opportunities & Challenges for Fans & Blowers.............. II-14 Table 6: Projected Long-Term Gains in the World Chemical Industry Encourages Industrial Fans & Blower Manufacturers to Look Beyond Current Uncertainties to Focus Developmental Efforts on Innovative Solutions: Breakdown of the World Chemicals Industry (In US$ Billion) by Sector for the Years 2015, 2025 & 2035 (includes corresponding Graph/Chart) II-16
Table 7: World Sales of Renewable Chemicals (In US$ Million) by Geographic Region (2015 & 2020): A Measure of Addressable Opportunity for Fans & Blowers in Chemical Processing (includes corresponding Graph/Chart) II-17 Cost Pressures & Environmental Concerns to Sustain Demand for Fans and Blowers in the Petrochemical Industry II-17 Tumbling Mineral Commodity Prices & a Sluggish Mining Activity to Challenge Growth in Demand for Fans & Blowers in Mining Industry.............. II-18 Table 8: Plunging Mining CAPEX Trips Over Opportunities for Fans & Blowers: Breakdown of the Global Mining Maintenance and Expansion CAPEX (In US$ Million) for the Years 2011 through 2016 (includes corresponding Graph/Chart) II-19 Metal Processing Industries to Present Fluctuating Demand Patterns for Fans & Blowers..............II-19 Table 9: Volatile Steel Industry Tempers Demand Patterns for Industrial Fans & Blowers: Breakdown of the Global Steel Demand (In Million Tonnes) for the Years 2015 through 2017 (includes corresponding Graph/Chart) II-20
Table 10: Volatile Steel Industry Tempers Demand Patterns for Fans & Blowers: Breakdown of the Global Steel Production (In Million Tonnes) for the Years 2014, 2015 & H1-2016 (includes corresponding Graph/Chart)..............II-21 Expected Revival of Nuclear Energy to Drive Opportunities in the Industrial Fans & Blowers Market II-21 Table 11: Rise in the Number of Nuclear Reactors in Operation to Spur Opportunities for Fans & Blowers for Nuclear Power Plants: Global Nuclear Power Operational Fleet Size for the Years 2010 through 2015 (includes corresponding Graph/Chart) II-23 Falling Agricultural Commodity & Oil Prices to Spur Growth in the Food Processing Industry & Benefit Demand for Processing Equipment Fans & Blowers..............II-23 Table 12: Growing Food & Beverage Sales to Positively Influence Food Processing Plant Equipment Investments: World Retail Sales of Food & Beverages (In US$ Trillion) for the Years 2014 & 2016 by Geographic Region (includes corresponding Graph/Chart)..............II-24 Environmental & Waste Treatment Sector Adds to Growth Prospects II-25 Technology Developments - Crucial for Sustained Growth II-25
3. PRODUCT OVERVIEW.............. II-26 Introduction.............. II-26 Industrial Fans.............. II-26 Industrial Blowers..............II-27 Classification of Industrial and Commercial Fan Equipment Based on Application..............II-28 Types of Axial and Centrifugal Fans and Blowers II-29 Various Categories of Centrifugal Blowers and Axial Fans Available in Marketplace..............II-29 Diverse Applications of Industrial and Commercial Fans and Blowers.............. II-30
4. PRODUCT INTRODUCTIONS..............II-32 Fläkt Woods Releases New Centriflow 3D mix Flow Plug Fan II-32 Rosenberg Launches New Ecofit Single-Inlet Forward Curved Blowers II-32 Torin-Sifan Introduces a New Range of Energy-Efficient Centrifugal Fans.............. II-32 AST Launches New High-Performance Industrial Blower Fan II-32 Greenheck Introduces Models SP-110 and SP-80 Ceiling Exhaust Fans II-32 Greenheck Unveils Vektor-MH Laboratory Exhaust Fan Line II-33 Greenheck Introduces Model SWD Utility Fan II-33
5. RECENT INDUSTRY ACTIVITY..............II-34 Hunter Fan Co Starts New Business Division to Enter into Industrial Fan Market..............II-34 Glacier Technology Enters into a Partnership with AirPro Fan and Blower Company.............. II-34 Gasho and Howden American Fan Enter into a Partnership II-34 Cincinnati Fan & Ventilator Company Snaps Up Daniels Fans II-34 Mouser Electronics Extends its Distribution & Partnership Agreement with Delta Electronics to Include New Fan & Thermal Management Solutions..............II-35 Kohlberg Kravis Roberts & Co. L.P Acquires Gardner Denver, Inc. II-35 Colfax Corporation Acquires Global Infrastructure and Industry from Fläkt Woods Group..............II-35 Alfa Laval Acquires Niagara Blower II-35 Entrematic Takes Over 4Front Engineered Solutions II-35 Solyvent Fläkt AB Secures Contract for Fans from Hyundai Heavy Industries.............. II-35
6. FOCUS ON SELECT GLOBAL PLAYERS..............II-36 Acme Engineering & Manufacturing Corp. (US) II-36 Air System Components, Inc. (US) II-36 Airmaster Fan Company, Inc. (US) II-37 Continental Blower, LLC (US)..............II-37 CECO Environmental (US)..............II-37 Crompton Greaves Limited (India) II-38 DongKun Industrial Co., Ltd. (South Korea) II-38 Fläkt Woods Group SA (Switzerland) II-39 Gardner Denver, Inc. (US)..............II-39 Greenheck Fan Corp (US)..............II-40 Howden Group Ltd. (UK)..............II-41 Loren Cook Company (US)..............II-41 PennBarry (US).............. II-42 Robinson Fans, Inc (US)..............II-42 The New York Blower Company (US) II-42 Tuthill Corporation (US)..............II-43
7. GLOBAL MARKET PERSPECTIVE..............II-44 Table 13: World Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) II-44
Table 14: World Historic Review for Industrial and Commercial Fans and Blowers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart)..............II-45
Table 15: World 14-Year Perspective for Industrial and Commercial Fans and Blowers by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World Markets for Years 2009, 2016, and 2022 (includes corresponding Graph/Chart)..............II-46
III. MARKET
1. THE UNITED STATES.............. III-1 A.Market Analysis.............. III-1 Current & Future Scenario..............III-1 Slow But Encouraging Recovery in Demand for Industrial & Commercial Fans & Blowers..............III-1 Table 16: US HVACR Equipment Sales by Product Category (2015): Percentage Breakdown of Revenue Sales for Air Conditioner Units, Heating Equipment, Heat Transfer Devices, Compressors, Air Purification Systems, Commercial Refrigeration Equipment, Industrial & Commercial Fans & Blowers, and Others (includes corresponding Graph/Chart III-1 Evolution of US Industrial and Commercial Fans and Blowers Market.............. III-2 US DOE Develop Energy Conservation Standards for Industrial and Commercial Fans and Blowers III-2 Competitive Forces..............III-2 Product Launches..............III-3 Strategic Corporate Developments III-3 Select Key Players..............III-5 B.Market Analytics..............III-10 Table 17: The US Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-10
Table 18: The US Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-11
2. CANADA.............. III-12 A.Market Analysis.............. III-12 Current & Future Scenario..............III-12 B.Market Analytics..............III-12 Table 19: Canadian Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-12
Table 20: Canadian Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-13
3. JAPAN.............. III-14 A.Market Analysis.............. III-14 Current & Future Scenario..............III-14 Concrete Fiscal & Stimulus Policy Measures Brighten Market Prospects.............. III-14 B.Market Analytics..............III-15 Table 21: Japanese Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-15
Table 22: Japanese Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-16
4. EUROPE.............. III-17 A.Market Analysis.............. III-17 Current & Future Scenario..............III-17 Regulatory Compliance to Trigger Growth in Europe in the Medium Term.............. III-17 Competition from Low Cost Nations III-18 Rising Demand from Eastern Europe III-18 Replacement Market Driving Growth III-18 B.Market Analytics..............III-19 Table 23: European Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Geographic Region - France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart..............III-19
Table 24: European Historic Review for Industrial and Commercial Fans and Blowers by Geographic Region - France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart..............III-20
Table 25: European 14-Year Perspective for Industrial and Commercial Fans and Blowers by Geographic Region - Percentage Breakdown of Dollar Sales for France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets for Years 2009, 2016, and 2022 (includes corresponding Graph/Chart.............. III-21
4a. FRANCE.............. III-22 A.Market Analysis.............. III-22 Current & Future Scenario..............III-22 B.Market Analytics..............III-22 Table 26: French Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-22
Table 27: French Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-23
4b. GERMANY.............. III-24 A.Market Analysis.............. III-24 Current & Future Scenario..............III-24 B.Market Analytics..............III-24 Table 28: German Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-24
Table 29: German Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-25
4c. ITALY.............. III-26 A.Market Analysis.............. III-26 Current & Future Scenario..............III-26 B.Market Analytics..............III-26 Table 30: Italian Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-26
Table 31: Italian Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-27
4d. THE UNITED KINGDOM..............III-28 A.Market Analysis.............. III-28 Current & Future Scenario..............III-28 Product Launch.............. III-28 Key Player.............. III-28 B.Market Analytics..............III-29 Table 32: The United Kingdom Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-29
Table 33: The United Kingdom Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-30
4e. SPAIN.............. III-31 A.Market Analysis.............. III-31 Current & Future Scenario..............III-31 B.Market Analytics..............III-31 Table 34: Spanish Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-31
Table 35: Spanish Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-32
4f. RUSSIA.............. III-33 A.Market Analysis.............. III-33 Current & Future Scenario..............III-33 B.Market Analytics..............III-33 Table 36: Russian Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-33
Table 37: Russian Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-34
4g. REST OF EUROPE.............. III-35 A.Market Analysis.............. III-35 Current & Future Scenario..............III-35 Product Launch.............. III-35 Strategic Coproate Development III-35 Key Player.............. III-35 B.Market Analytics..............III-36 Table 38: Rest of Europe Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-36
Table 39: Rest of Europe Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-37
5. ASIA-PACIFIC.............. III-38 A.Market Analysis.............. III-38 Current & Future Scenario..............III-38 Asia-Pacific - Major Market for Industrial & Commercial Fans & Blowers.............. III-38 Increasing Awareness Spur Demand for Energy Efficient Heat Exchangers.............. III-38 B.Market Analytics..............III-39 Table 40: Asia-Pacific Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Geographic Region - China, India, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart..............III-39
Table 41: Asia-Pacific Historic Review for Industrial and Commercial Fans and Blowers by Geographic Region - China, India, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-40
Table 42: Asia-Pacific 14-Year Perspective for Industrial and Commercial Fans and Blowers by Geographic Region - Percentage Breakdown of Dollar Sales for China, India, and Rest of Asia-Pacific Markets for Years 2009, 2016, and 2022 (includes corresponding Graph/Chart III-41
5a. CHINA.............. III-42 A.Market Analysis.............. III-42 Current & Future Scenario..............III-42 Market Overview.............. III-42 Stringent Regulations Influence Fortunes of the Industrial Blowers and Fans Market..............III-42 B.Market Analytics..............III-43 Table 43: Chinese Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-43
Table 44: Chinese Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-44
5b. INDIA.............. III-45 A.Market Analysis.............. III-45 Current & Future Scenario..............III-45 Key Player.............. III-45 B.Market Analytics..............III-46 Table 45: Indian Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-46
Table 46: Indian Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-47
5c. REST OF ASIA-PACIFIC..............III-48 A.Market Analysis.............. III-48 Current & Future Scenario..............III-48 Key Player.............. III-48 B.Market Analytics..............III-49 Table 47: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-49
Table 48: Rest of Asia-Pacific Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-50
6. LATIN AMERICA.............. III-51 A.Market Analysis.............. III-51 Current & Future Scenario..............III-51 B.Market Analytics..............III-51 Table 49: Latin American Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers by Geographic Region - Brazil, and Rest of Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart..............III-51
Table 50: Latin American Historic Review for Industrial and Commercial Fans and Blowers by Geographic Region - Brazil, and Rest of Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-52
Table 51: Latin American 14-Year Perspective for Industrial and Commercial Fans and Blowers by Geographic Region - Percentage Breakdown of Dollar Sales for Brazil, and Rest of Latin America Markets for Years 2009, 2016, and 2022 (includes corresponding Graph/Chart III-53
6a. BRAZIL.............. III-54 A.Market Analysis.............. III-54 Current & Future Scenario..............III-54 B.Market Analytics..............III-54 Table 52: Brazilian Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-54
Table 53: Brazilian Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-55
6b. REST OF LATIN AMERICA..............III-56 A.Market Analysis.............. III-56 Current & Future Scenario..............III-56 B.Market Analytics..............III-56 Table 54: Rest of Latin America Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart.............. III-56
Table 55: Rest of Latin America Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-57
7. REST OF WORLD.............. III-58 A.Market Analysis.............. III-58 Current & Future Scenario..............III-58 B.Market Analytics..............III-58 Table 56: Rest of World Recent Past, Current & Future Analysis for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart III-58
Table 57: Rest of World Historic Review for Industrial and Commercial Fans and Blowers Market Analyzed with Annual Sales Figures in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart III-59
IV. COMPETITIVE LANDSCAPE
Total Companies Profiled: 87 (including Divisions/Subsidiaries - 96)
The United States (70) Canada (1) Japan (2) Europe (13) - France (1) - Germany (2) - The United Kingdom (5) - Italy (1) - Rest of Europe (4) Asia-Pacific (Excluding Japan) (10)
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