North America Axial Fans Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Speed (Low Speed, Medium Speed, and High Speed), Size (Diameter 130-250 mm, Diameter 250-910 mm, Diameter 910-1500 mm, and Diameter Above 1500 mm), Application (Radiator, Cooling & Refrigeration, Ventilation, and Other), Type (AC, DC, and EC), and End User (Commercial, Industrial, and Residential)
Market Introduction
North America comprises developed economies such as the US and Canada and developing countries such as Mexico. The rapid pace of technological developments and supporting government regulations have transformed North America into the most promising market for the manufacturing sector. With the increasing demand from customers for high-quality products and services, companies are constantly focusing on innovations to serve their customers in the best possible way. Moreover, high individual spending capacities in North America has led to the expansion of several industries in this region, including food & beverages, healthcare, and manufacturing. The growth of these industries is directly impacting the demand for axial fans worldwide. Several domestic and international companies have a strong foothold in North America. The US is a major market for axial fans in this region, followed by Canada and Mexico. The region largely supports the growth of the axial fans market through effective manufacturing policies. Manufacturing is considered to be an important sector supporting the growth of the overall American economy. Despite the decline in the total output and diminishing growth of the sector recorded in the past few years, the sector contributes a lot of value to the power of the US economy. Also, every dollar spent toward the manufacturing sector subsequently adds to the growth of economy along with supporting the growth of other sectors, such as retailing, transportation, and business services. Axial fans change the direction of flow of gas; the gas flows in the axial direction parallel to the shaft about which the blades of fan rotate. Such fans rotate at variable rates to supply the equipment with fresh air, thereby maintaining optimum operating temperatures. Rising demands from various applications such as agriculture, air-conditioning, industrial, transportation, mobile, ventilation is driving the axial fans market of the North American region. Therefore, the expansion as well as the growth of construction and manufacturing industries is expected to lead to rise in demand for axial fans. The US is the largest consumer of axial fans, followed by Canada, owing to presence of several manufacturers. Demand for such fans is high, and with improving economic conditions, industrialists are eyeing for opportunities to enlarge their business operations. Moreover, the axial fans are available in abundance in the region owing to high production volume and increased consumption. Several players in the market are dominating the growth of the axial fans market and are focusing toward research and development activities and use of improved techniques. These players are constantly working on innovations in new product developments of axial fans with improved characteristics and qualities. However, strict government regulations and their impact on the surrounding environment is projected to hamper the axial fans market growth over the forecast period. Companies such as Multi-Wing America, Inc., Howden, and Zitrón are present in the North America region which would help in attracting attention of new industries. With growing requirement for emission control and noise reduction solutions, the demand for high-performance fans for the restricted spaces would continue to grow which is projected to influence the development cycle of axial fans. For instance, Multi-Wing America, Inc. has experienced demand for PMAX3 narrow-depth axial fans for many applications with restricted space, such as off-highway equipment and mobile power generators. The array of modular configurations of PMAX3 enables the company to boost production.
The US is the worst-hit country in North America due to the outbreak of COVID-19, with thousands of infected individuals facing severe health conditions across the country. Increasing number of infected individuals has led the government to impose lockdown across the nation’s borders during Q2. The majority of the manufacturing plants were either temporarily shut or are operating with minimum staff; the supply chain of components and parts is disrupted; these are some of the critical issues faced by the North American manufacturers. The US is one of the largest markets for axial fans especially rising demand from fume hood exhaust to exhaust harmful fumes away from operator; remove welding fume from welding booths; and many more. However, the outbreak has severely affected the production and revenue generation with the lower number of manufacturing staff. Thus, the factors mentioned above have had a negative impact on the growth of the axial fans market in the region.
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Market Overview and Dynamics
The axial fans market in North America is expected to grow from US$ 1060.27 million in 2021 to US$ 1472.71 million by 2028; it is estimated to grow at a CAGR of 4.5% from 2021 to 2028. Rising demand for axial fans in vending machine An internal cooling unit installed in vending machines circulates cool air with the help of axial fans to maintain uniform temperature within the vending machine. If the temperature of a device increases beyond a certain limit, the internal parts of the machine can wear out within a short span or may lead to malfunctions, especially parts that generate heat are greatly affected by heat. Device internal cooling and fan selection are extremely important to attain long-term functioning of parts inside vending machines. With advancements in technology, axial fans are being increasingly used in vending machines. Therefore, growing demand for vending machine rises in developed and developing countries, such as the US, Canada, propels the demand for axial fans. Pelonis Technologies, Inc. offers an extensive range of axial fans for vending machine applications. Abbeychart, LF Spa, Sofasco Fans are some other players existing in an axial fans market. The players using axial fans for vending machines are making significant investment for the development of latest version of axial fans to make them highly adaptable among vending industry. Owing to the fact standard AC model is an energy efficient model and axial fans consumes nearly 100-watt electricity in the course of high-speed rotation. The fan can connect directly to DC power source such as solar panels and batteries which is making axial fans an ideal choice for different types of vending machines. In February 2018, Regal Beloit Corp., manufacturer of electric motors & other devices has developed new motor & fan- GlacAir for the commercial refrigeration application supported with the refrigerant R290. GlacAir is equipped with axial-flux electronically commutated motor design which assist in boosting energy efficiency of displays, reach-in coolers, vending machines., and other commercial refrigeration applications. Also, the new motor & fan consumes 85% less watts as compare to shaded pole motor. Such product developments will help in creating demand for axial fans for vending machine applications. This is bolstering the growth of the axial fans market
Key Market Segments
In terms of speed type, the medium speed segment accounted for the largest share of the North America Axial Fans Market in 2020. In terms of Application type, the Cooling & Refrigeration segment held a larger market share of the axial fans market in 2020
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the North America Axial Fans Market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Sofasco Fans; Sunonwealth Electric Machine Industry Co., Ltd; OMRON Corporation; Hidria; Fulltech Electric Co., Ltd; Howden Group; COOLTRON Industrial Supply, Inc; Oriental Motor USA Corp; Pelonis Technologies, inc; WingFan Ltd. & Co. KG; Multi-Wing International a/s; FläktGroup Holding GmbH; Horton Holding, Inc; Phillips & Temro Industries; Elta Fans; BorgWarner Inc.
Reasons to buy report
- To understand the North America Axial Fans Market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for North America Axial Fans Market
- Efficiently plan M&A and partnership deals in North America Axial Fans Market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America Axial Fans Market
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
North America Axial Fans Market Segmentation
North America Axial Fans Market – By Speed
• Low Speed
• Medium Speed
• High Speed
North America Axial Fans Market – By Size
• Diameter Below 250 MM
• Diameter (250-910) MM
• Diameter (910-1500) MM
• Diameter Above 1500 MM
North America Axial Fans Market – By Application
• Radiator
• Cooling & Refrigeration
• Ventilation
• Other
North America Axial Fans Market – By Type
• AC
• DC
• EC
North America Axial Fans Market – By End User
• Commercial
• Industrial
• Residential
North America Axial Fans Market – By Country
• US
• Canada
• Mexico
North America Axial Fans Market-Companies Mentioned
- Sofasco Fans
- Sunonwealth Electric Machine Industry Co., Ltd
- OMRON Corporation
- Hidria
- Fulltech Electric Co., Ltd
- Howden Group
- COOLTRON Industrial Supply, Inc
- Oriental Motor USA Corp
- Pelonis Technologies, inc
- WingFan Ltd. & Co. KG
- Multi-Wing International a/s
- FläktGroup Holding GmbH
- Horton Holding, Inc
- Phillips & Temro Industries
- Elta Fans
- BorgWarner Inc
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Axial Fans Market, by Speed
1.3.2 Axial Fans Market, by Size
1.3.3 Axial Fans Market, by Application
1.3.4 Axial Fans Market, by Type
1.3.5 Axial Fans Market, by End-user
1.3.6 Axial fans Market, by Country
2. North America Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Axial Fans Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. North America Axial Fans Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Diversified range of applications
5.1.2 Rapid industrialization
5.1.3 High noise level of axial fans
5.2 Key Market Opportunities:
5.2.1 Rising demand for axial fans in vending machine
5.3 Key Future Trends:
5.3.1 Introduction of low power consumption axial fans
5.4 Impact Analysis
6. Axial Fans– North America Market Analysis
6.1 North America Axial Fans Market Overview
6.2 North America Axial Fans Market Forecast and Analysis
7. North America Axial Fans Market Analysis – By Speed
7.1 Overview
7.2 North America Axial Fans Market Breakdown, by Speed, 2020 & 2028
7.3 Low Speed
7.3.1 Overview
7.3.2 North America Low Speed Axial Fans Market Revenue Forecast to 2028 (US$ Million)
7.4 Medium Speed
7.4.1 Overview
7.4.2 North America Medium Speed Axial Fans Market Revenue Forecast to 2028 (US$ Million)
7.5 High Speed
7.5.1 Overview
7.5.2 North America High-Speed Axial Fans Market Revenue Forecast to 2028 (US$ Million)
8. North America Axial Fans Market Analysis – By Size
8.1 Overview
8.2 North America Axial Fans Market Breakdown, by Size, 2020 & 2028
8.3 Diameter (130-250) MM
8.3.1 Overview
8.3.2 North America Diameter (130-250) MM Axial Fans Market Revenue Forecast to 2028 (US$ Million)
8.4 Diameter (250-910) mm
8.4.1 Overview
8.4.2 North America Diameter (250-910) mm Axial Fans Market Revenue Forecast to 2028 (US$ Million)
8.5 Diameter (910-1500) mm
8.5.1 Overview
8.5.2 North America Diameter (910-1500) mm Axial Fans Market Revenue Forecast to 2028 (US$ Million)
8.6 Diameter Above 1500 mm
8.6.1 Overview
8.6.2 North America Diameter Above 1500 mm Axial Fans Market Revenue Forecast to 2028 (US$ Million)
9. North America Axial Fans Market Analysis – By Application
9.1 Overview
9.2 North America Axial Fans Market Breakdown, by Application, 2020 & 2028
9.3 Radiator
9.3.1 Overview
9.3.2 North America Radiator Market Revenue Forecast to 2028 (US$ Million)
9.4 Cooling & Refrigeration
9.4.1 Overview
9.4.2 North America Cooling & Refrigeration Market Revenue Forecast to 2028 (US$ Million)
9.5 Ventilation
9.5.1 Overview
9.5.2 North America Ventilation Market Revenue Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 North America Others Applications Market Revenue Forecast to 2028 (US$ Million)
10. North America Axial Fans Market Analysis – By Type
10.1 Overview
10.2 North America Axial Fans Market Breakdown, by Type, 2020 & 2028
10.3 AC
10.3.1 Overview
10.3.2 North America AC Axial Fans Market Revenue Forecast to 2028 (US$ Million)
10.4 DC
10.4.1 Overview
10.4.2 North America DC Axial Fans Market Revenue Forecast to 2028 (US$ Million)
10.5 EC
10.5.1 Overview
10.5.2 North America EC Axial Fans Market Revenue Forecast to 2028 (US$ Million)
11. North America Axial Fans Market Analysis – By End-User
11.1 Overview
11.2 North America Axial Fans Market Breakdown, by End-User, 2020 & 2028
11.3 Commercial
11.3.1 Overview
11.3.2 North America Commercial Market Revenue Forecast to 2028 (US$ Million)
11.4 Industrial
11.4.1 Overview
11.4.2 North America Industrial Market Revenue Forecast to 2028 (US$ Million)
11.5 Residential
11.5.1 Overview
11.5.2 North America Residential Market Revenue Forecast to 2028 (US$ Million)
12. North America Axial Fans Market – Country Analysis
12.1 Overview
12.1.1 North America Axial Fans Market Revenue and Forecast to 2028 (US$ Million)
12.1.2 North America Axial Fans Market Breakdown, by Country
12.1.2.1 US Axial Fans Market Revenue and Forecast to 2028 (US$ Million)
12.1.2.1.1 US Axial Fans Market Breakdown, by Speed
12.1.2.1.2 US Axial Fans Market Breakdown, by Size
12.1.2.1.3 US Axial Fans Market Breakdown, by Application
12.1.2.1.4 US Axial Fans Market Breakdown, by Type
12.1.2.1.5 US Axial Fans Market Breakdown, by End User
12.1.2.2 Canada Axial Fans Market Revenue and Forecast to 2028 (US$ Million)
12.1.2.2.1 Canada Axial Fans Market Breakdown, by Speed
12.1.2.2.2 Canada Axial Fans Market Breakdown, by Size
12.1.2.2.3 Canada Axial Fans Market Breakdown, by Application
12.1.2.2.4 Canada Axial Fans Market Breakdown, by Type
12.1.2.2.5 Canada Axial Fans Market Breakdown, by End User
12.1.2.3 Mexico Axial Fans Market Revenue and Forecast to 2028 (US$ Million)
12.1.2.3.1 Mexico Axial Fans Market Breakdown, by Speed
12.1.2.3.2 Mexico Axial Fans Market Breakdown, by Size
12.1.2.3.3 Mexico Axial Fans Market Breakdown, by Application
12.1.2.3.4 Mexico Axial Fans Market Breakdown, by Type
12.1.2.3.5 Mexico Axial Fans Market Breakdown, by End User
13. North America Axial Fans Market- COVID-19 Impact Analysis
13.1 North America
14. Industry Landscape
14.1 Overview
14.2 Market Initiative
14.3 New Product Development
15. Company Profiles
15.1 Sofasco Fans
15.1.1 Key Facts
15.1.2 Business Description
15.1.3 Products and Services
15.1.4 Financial Overview
15.1.5 SWOT Analysis
15.1.6 Key Developments
15.2 Sunonwealth Electric Machine Industry Co., Ltd.
15.2.1 Key Facts
15.2.2 Business Description
15.2.3 Products and Services
15.2.4 Financial Overview
15.2.5 SWOT Analysis
15.2.6 Key Developments
15.4 OMRON Corporation
15.4.1 Key Facts
15.4.2 Business Description
15.4.3 Products and Services
15.4.4 Financial Overview
15.4.5 SWOT Analysis
15.4.6 Key Developments
15.5 Hidria
15.5.1 Key Facts
15.5.2 Business Description
15.5.3 Products and Services
15.5.4 Financial Overview
15.5.5 SWOT Analysis
15.5.6 Key Developments
15.6 Fulltech Electric Co., Ltd
15.6.1 Key Facts
15.6.2 Business Description
15.6.3 Products and Services
15.6.4 Financial Overview
15.6.5 SWOT Analysis
15.6.6 Key Developments
15.7 Howden Group
15.7.1 Key Facts
15.7.2 Business Description
15.7.3 Products and Services
15.7.4 Financial Overview
15.7.5 SWOT Analysis
15.7.6 Key Developments
15.8 COOLTRON Industrial Supply, Inc.
15.8.1 Key Facts
15.8.2 Business Description
15.8.3 Products and Services
15.8.4 Financial Overview
15.8.5 SWOT Analysis
15.8.6 Key Developments
15.9 Oriental Motor USA Corp.
15.9.1 Key Facts
15.9.2 Business Description
15.9.3 Products and Services
15.9.4 Financial Overview
15.9.5 SWOT Analysis
15.9.6 Key Developments
15.11 1.12 Pelonis Technologies, inc.
15.11.1 Key Facts
15.11.2 Business Description
15.11.3 Products and Services
15.11.4 Financial Overview
15.11.5 SWOT Analysis
15.11.6 Key Developments
15.12 WingFan Ltd. & Co. KG
15.12.1 Key Facts
15.12.2 Business Description
15.12.3 Products and Services
15.12.4 Financial Overview
15.12.5 SWOT Analysis
15.12.6 Key Developments
15.14 Multi-Wing International a/s
15.14.1 Key Facts
15.14.2 Business Description
15.14.3 Products and Services
15.14.4 Financial Overview
15.14.5 SWOT Analysis
15.14.6 Key Developments
15.15 FläktGroup Holding GmbH
15.15.1 Key Facts
15.15.2 Business Description
15.15.3 Products and Services
15.15.4 Financial Overview
15.15.5 SWOT Analysis
15.15.6 Key Developments
15.16 Horton Holding, Inc.
15.16.1 Key Facts
15.16.2 Business Description
15.16.3 Products and Services
15.16.4 Financial Overview
15.16.5 SWOT Analysis
15.16.6 Key Developments
15.17 Phillips & Temro Industries
15.17.1 Key Facts
15.17.2 Business Description
15.17.3 Products and Services
15.17.4 Financial Overview
15.17.5 SWOT Analysis
15.17.6 Key Developments
15.18 Elta Fans
15.18.1 Key Facts
15.18.2 Business Description
15.18.3 Products and Services
15.18.4 Financial Overview
15.18.5 SWOT Analysis
15.18.6 Key Developments
15.19 BorgWarner Inc.
15.19.1 Key Facts
15.19.2 Business Description
15.19.3 Products and Services
15.19.4 Financial Overview
15.19.5 SWOT Analysis
15.19.6 Key Developments
16. Appendix
16.1 About the Insight Partners
16.2 Glossary
LIST OF TABLES
Table 1. North America Axial fans Market, Revenue and Forecast to 2028 (US$ Million)
Table 2. US Axial Fans Market Revenue and Forecasts to 2028 – By Speed (US$ Million)
Table 3. US Axial Fans Market Revenue and Forecasts to 2028 – By Size (US$ Million)
Table 4. US Axial Fans Market Revenue and Forecasts to 2028 – By Application (US$ Million)
Table 5. US Axial Fans Market Revenue and Forecasts to 2028 – By Type (US$ Million)
Table 6. US Axial Fans Market Revenue and Forecasts to 2028 – By End User (US$ Million)
Table 7. Axial Fans Market, by Commercial – Revenue and Forecast to 2028 (USD Million)
Table 8. US Axial Fans Market, by Industrial – Revenue and Forecast to 2028 (USD Million)
Table 9. US Axial Fans Market, by Residential – Revenue and Forecast to 2028 (USD Million)
Table 10. Canada Axial Fans Market Revenue and Forecasts to 2028 – By Speed (US$ Million)
Table 11. Canada Axial Fans Market Revenue and Forecasts to 2028 – By Size (US$ Million)
Table 12. Canada Axial Fans Market Revenue and Forecasts to 2028 – By Application (US$ Million)
Table 13. Canada Axial Fans Market Revenue and Forecasts to 2028 – By Type (US$ Million)
Table 14. Canada Axial Fans Market Revenue and Forecasts to 2028 – By End User (US$ Million)
Table 15. Canada Axial Fans Market, by Commercial – Revenue and Forecast to 2028 (USD Million)
Table 16. Canada Axial Fans Market, by Industrial – Revenue and Forecast to 2028 (USD Million)
Table 17. Canada Axial Fans Market, by Residential – Revenue and Forecast to 2028 (USD Million)
Table 18. Mexico Axial Fans Market Revenue and Forecasts to 2028 – By Speed (US$ Million)
Table 19. Mexico Axial Fans Market Revenue and Forecasts to 2028 – By Size (US$ Million)
Table 20. Mexico Axial Fans Market Revenue and Forecasts to 2028 – By Application (US$ Million)
Table 21. Mexico Axial Fans Market Revenue and Forecasts to 2028 – By Type (US$ Million)
Table 22. Mexico Axial Fans Market Revenue and Forecasts to 2028 – By End User (US$ Million)
Table 23. Mexico Axial Fans Market, by Commercial – Revenue and Forecast to 2028 (USD Million)
Table 24. Mexico Axial Fans Market, by Industrial – Revenue and Forecast to 2028 (USD Million)
Table 25. Mexico Axial Fans Market, by Residential – Revenue and Forecast to 2028 (USD Million)
Table 26. Glossary of terms, Axial Fans Market
LIST OF FIGURES
Figure 1. North America Axial Fans Market Segmentation
Figure 2. Country Segmentation of North America Axial Fans Market
Figure 3. North America Axial Fans Market Overview
Figure 4. Medium Speed Held the Largest Market Share in 2020
Figure 5. Cooling & Refrigeration Held the Largest Market Share in 2020
Figure 6. Industrial held the Largest Market Share in 2020
Figure 7. Axial Fans Market, by Country
Figure 8. Axial Fans Market– Ecosystem Analysis
Figure 9. Impact Analysis of Drivers and Restraints
Figure 10. North America Axial fans Market Forecast and Analysis (US$ Million)
Figure 11. North America Axial Fans Market Breakdown, by Speed, Value, 2020 & 2028 (%)
Figure 12. North America Low Speed Axial Fans Market Revenue Forecast (US$ Million)
Figure 13. North America Medium Speed Axial Fans Market Revenue Forecast (US$ Million)
Figure 14. North America High-Speed Axial Fans Market Revenue Forecast (US$ Million)
Figure 15. North America Axial Fans Market Breakdown, by Size, Value, 2020 & 2028 (%)
Figure 16. North America Diameter (130-250) MM Axial Fans Market Revenue Forecast (US$ Million)
Figure 17. North America Diameter (250-910) mm Axial Fans Market Revenue Forecast (US$ Million)
Figure 18. North America Diameter (910-1500) mm Axial Fans Market Revenue Forecast (US$ Million)
Figure 19. North America Diameter Above 1500 mm Axial Fans Market Revenue Forecast (US$ Million)
Figure 20. North America Axial Fans Market Breakdown, by Application, Value, 2020 & 2028 (%)
Figure 21. North America Radiator Market, Revenue Forecast (US$ Million)
Figure 22. North America Cooling & Refrigeration Market Revenue Forecast to 2028 (US$ Million)
Figure 23. North America Ventilation Market Revenue Forecast to 2028 (US$ Million)
Figure 24. North America Other Application Market Revenue Forecast to 2028 (US$ Million)
Figure 25. North America Axial Fans Market Breakdown, by Type, Value, 2020 & 2028 (%)
Figure 26. North America AC Axial Fans Market Revenue Forecast (US$ Million)
Figure 27. North America DC Axial Fans Market Revenue Forecast (US$ Million)
Figure 28. North America EC Axial Fans Market Revenue Forecast (US$ Million)
Figure 29. North America Axial Fans Market Breakdown, by End-User, Value, 2020 & 2028 (%)
Figure 30. North America Commercial Market, Revenue Forecast (US$ Million)
Figure 31. North America Commercial Market, by Radiator Revenue Forecast (US$ Million)
Figure 32. North America Commercial Market, by Cooling & Refrigeration Revenue Forecast (US$ Million)
Figure 33. North America Commercial Market, by Ventilation Revenue Forecast (US$ Million)
Figure 34. North America Commercial Market, by Others Revenue Forecast (US$ Million)
Figure 35. North America Industrial Market, Revenue Forecast (US$ Million)
Figure 36. North America Industrial Market, by Radiator Revenue Forecast (US$ Million)
Figure 37. North America Industrial Market, by Cooling & Refrigeration Revenue Forecast (US$ Million)
Figure 38. North America Industrial Market, by Ventilation Revenue Forecast (US$ Million)
Figure 39. North America Industrial Market, by Others Revenue Forecast (US$ Million)
Figure 40. North America Residential Market, Revenue Forecast (US$ Million)
Figure 41. North America Residential Market, by Radiator Revenue Forecast (US$ Million)
Figure 42. North America Residential Market, by Cooling & Refrigeration Revenue Forecast (US$ Million)
Figure 43. North America Residential Market, by Ventilation Revenue Forecast (US$ Million)
Figure 44. North America Residential Market, by Others Revenue Forecast (US$ Million)
Figure 45. North America Axial Fans Market Revenue by Country to 2028 (US$ Million)
Figure 46. North America Axial Fans Market Breakdown, by Country, 2020 & 2028(%)
Figure 47. US Axial Fans Market Forecasts to 2028 (US$ Million)
Figure 48. Canada Axial Fans Market Forecasts to 2028 (US$ Million)
Figure 49. Mexico Axial Fans Market Forecasts to 2028 (US$ Million)
Figure 50. Impact of COVID-19 Pandemic in North American Country Markets
- Sofasco Fans
- Sunonwealth Electric Machine Industry Co., Ltd
- OMRON Corporation
- Hidria
- Fulltech Electric Co., Ltd
- Howden Group
- COOLTRON Industrial Supply, Inc
- Oriental Motor USA Corp
- Pelonis Technologies, inc
- WingFan Ltd. & Co. KG
- Multi-Wing International a/s
- FläktGroup Holding GmbH
- Horton Holding, Inc
- Phillips & Temro Industries
- Elta Fans
- BorgWarner Inc
- To understand the North America Axial Fans Market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for North America Axial Fans Market
- Efficiently plan M&A and partnership deals in North America Axial Fans Market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America Axial Fans Market
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.