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Home » Equipment and Machinery » Fan and Blowers Motor Market Size, Share Report

Fan and Blowers Motor Market By Type (Centrifugal Motor, Axial Flow Motor, Others); By Application (HVAC Systems, Industrial Ventilation, Refrigeration, Air Purification, Automotive, Home Appliances, Data Centers); By End-User Industry (Residential, Commercial, Industrial, Automotive, Healthcare); By Power Output (Low Power (Up to 1 HP), Medium Power (1-10 HP), High Power (Above 10 HP)); By Geography, Segment revenue estimation, Forecast, 2024-2032.

Published On: SEP-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 35211387

The fan and blowers motor market in 2023 was worth USD 5811.3 million and is expected to be worth USD 6755.64 million by 2030, expanding at a CAGR of 1.9% during the forecast period.

 

This market is mainly influenced by the rising demand for HVAC systems across residential, commercial, and industrial applications because of the prevalence of urbanization and energy-efficient solutions in recent days. The global HVAC market was over $130 billion in value in 2023, and the silent fan and blower motors are significant for ventilation, conditioning, and heating. For instance, increasing construction of Smart Building, which focuses on energy, has contributed to using motors with varied speeds and less power use. One of the recent changes is the use of electronically commutated motors (ECMs) in HVAC systems that are up to 30% more efficient than traditional motors, therefore meeting global energy-saving standards and laws.

 

One of the major trends opening a vast potential in the fan and blower motor market is the use of efficient, energy-saving and smart motors for industrial usage. Since industrial facilities include manufacturing facilities and data centers consume approximately 50% of the world’s electricity, such a transformation is essential. For example, the application of smart, Internet of Things (IoT) compliant motors into industrial ventilation systems can enhance real-time monitoring and control thereby improving efficiency and energy saving by as much as 40%. A recent development is the increasing use of variable frequency drives (VFDs) in conjunction with fan and blower motors, allowing for precise speed control and further enhancing energy savings, particularly in large-scale operations like chemical plants and power generation facilities.

 

fan-and-blowers-motor-market-infographics

 

Market Segmentation

By Type

  • Centrifugal Motor

  • Axial Flow Motor

  • Others

 

Application:

  • HVAC Systems

  • Industrial Ventilation

  • Refrigeration

  • Air Purification

  • Automotive

  • Home Appliances

  • Data Centers

 

End-User Industry:

  • Residential

  • Commercial

  • Industrial

  • Automotive

  • Healthcare

 

Power Output:

  • Low Power (Up to 1 HP)

  • Medium Power (1-10 HP)

  • High Power (Above 10 HP)

 

By Region

North America

  • US

  • Mexico

  • Canada

  • Rest of North America

 

Europe

  • Switzerland

  • Russia

  • France

  • Germany

  • U.K

  • Finland

  • Turkey

  • Netherlands

  • Belgium

  • Spain

  • Italy

  • Rest of Europe

 

Asia Pacific

  • India

  • China

  • South Korea

  • Japan

  • Singapore

  • Thailand

  • Indonesia

  • Malaysia

  • Philippines

  • Australia

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Argentina

  • Uruguay

  • Saudi Arabia

  • Rest of LAMEA

 

Asia-Pacific has taken the largest share in the fan and blower motor market because of development in industries, urban constructions, and an increasing number of residential and commercial buildings. In 2023, the region accounted for over 40% of the global market share, with countries like China and India leading due to their extensive HVAC and manufacturing sectors. For instance, China's HVAC market has been predicted to grow steadily due to emphasis on the energy efficiency of the building and the growing manufacturing sector. One new development is the utilization of premium efficiency motors in major development plans like smart cities and green buildings in the Asia-Pacific region in accordance with government policy to save energy and control carbon footprint.

 

Key Players

  • Siemens AG

  • ABB Ltd.

  • Regal Beloit Corporation

  • Nidec Corporation

  • Johnson Electric

  • Mitsubishi Electric Corporation

  • Allied Motion Technologies Inc.

  • Weg S.A.

  • Havells India Ltd.

Frequently Asked Question About This Report

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Table of Contents

1.    FAN AND BLOWER MOTORS MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030)
1.1. North America
1.2. Europe
1.3. Asia Pacific
1.4. Latin America
1.5. Middle East & Africa
2.    FAN AND BLOWER MOTORS MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030)
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Latin America
2.5. Middle East & Africa
3.    MARKET SHARE ANALYSIS – FAN AND BLOWER MOTORS MARKET
3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume
3.2. Market Share, 2023
3.3. Market By Type and End Use Outlook Analysis
4.    HISTORIC TRENDS IN FAN AND BLOWER MOTORS MARKET
5.    EMERGING MARKET TRENDS
6.    NORTH AMERICA FAN AND BLOWER MOTORS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
6.1. North America Fan and Blower Motors Historical Market ($MILLION), (2017 – 2023)
6.2. North America Fan and Blower Motors Market ($MILLION) and Forecasts (2024 – 2030)
6.3. North America Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Type

6.3.1. Centrifugal Motor
6.3.2. Axial Flow Motor
6.3.3. Others
6.4. North America Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Power Output
6.4.1. Low Power (Up to 1 HP)
6.4.2. Medium Power (1-10 HP)
6.4.3. High Power (Above 10 HP)
6.5. North America Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
6.5.1. HVAC Systems
6.5.2. Industrial Ventilation
6.5.3. Refrigeration
6.5.4. Air Purification
6.5.5. Automotive
6.5.6. Home Appliances
6.5.7. Data Centers
6.6. North America Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use

6.6.1. Residential
6.6.2. Commercial
6.6.3. Industrial
6.6.4. Automotive
6.6.5. Healthcare
6.7. North America Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
6.7.1. USA
6.7.2. Canada
6.7.3. Rest of North America
7.    USA FAN AND BLOWER MOTORS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.    EUROPE FAN AND BLOWER MOTORS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.1. Europe Fan and Blower Motors Historical Market ($MILLION), (2017 – 2023)
8.2. Europe Fan and Blower Motors Market ($MILLION) and Forecasts (2024 – 2030)
8.3. Europe Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
8.4. Europe Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Power Output
8.5. Europe Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
8.6. Europe Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use
8.7. Europe Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
8.7.1. Germany
8.7.2. France
8.7.3. UK
8.7.4. Italy
8.7.5. Spain
8.7.6. Rest of Europe
9.    APAC FAN AND BLOWER MOTORS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
9.1. APAC Fan and Blower Motors Historical Market ($MILLION), (2017 – 2023)
9.2. APAC Fan and Blower Motors Market ($MILLION) and Forecasts (2024 – 2030)
9.3. APAC Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
9.4. APAC Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Power Output
9.5. APAC Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
9.6. APAC Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use
9.7. APAC Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
9.7.1. China
9.7.2. Japan
9.7.3. South Korea
9.7.4. India
9.7.5. Australia
9.7.6. Rest of APAC
10.    LATIN AMERICA FAN AND BLOWER MOTORS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
10.1. Latin America Fan and Blower Motors Historical Market ($MILLION), (2017 – 2023)
10.2. Latin America Fan and Blower Motors Market ($MILLION) and Forecasts (2024 – 2030)
10.3. Latin America Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Type
10.4. Latin America Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Power Output
10.5. Latin America Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
10.6. Latin America Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By End-Use
10.7. Latin America Fan and Blower Motors Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
10.7.1. Brazil
10.7.2. Argentina
10.7.3. Rest of Latin America
11.    COMPANY PROFILES:
11.1. Siemens AG
11.1.1. Company Overview  
11.1.2. Company Snapshot  
11.1.3. Operating business segments
11.1.4. Product offered and Revenue
11.1.5. Production & Sales
11.2. ABB Ltd.
11.3. Regal Beloit Corporation
11.4. Nidec Corporation
11.5. Johnson Electric
11.6. Mitsubishi Electric Corporation
11.7. Allied Motion Technologies Inc.
11.8. Weg S.A.
11.9. OTHER MARKET PLAYERS