South America Industrial Fans Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Technology (Centrifugal and Axial), Industrial (Chemical & Petrochemicals, Healthcare, Automotive Manufacturing, Food & beverage, Oil & Gas, Mining, and Others)
The South America industrial fans market is expected to grow from US$ 333.81 million in 2022 to US$ 449.84 million by 2028. It is estimated to grow at a CAGR of 5.1% from 2022 to 2028.
Increasing Demand from Food & Beverage Industry is Driving the South America Industrial Fans Market
The elimination of contaminants is a major concern in the food & beverage industry. Every stage of manufacturing a food product, from packaging to storage, must adhere to stringent safety guidelines to ensure human health and legal compliance. Many food products are susceptible to contamination and bacterial and fungal infestation and growth. Hence, proper ventilation is necessary to keep them from perishing due to moisture or mold growth. Industrial fans are a crucial part of the food & beverage industry., The food industry equipment such as ovens, ventilation systems, and exhaust includes fans to prevent overheating, spoilage, and food deterioration. In the food processing and beverage industries, industrial fans have a wide range of operations connected to the whole supply chain, from raw materials to finished goods. Industrial fans in the food processing units are used for various tasks such as general ventilation, supply, exhaust, combustion, drying, heating, cooling, dust collecting, and air filtering. Industrial fans are widely used in the food & beverage industry for the following applications:
Material Handling: Industrial fans used in food processing units ensure that products that are being transported are supplied with a clean, hygienic supply of fresh air. Additionally, industrial fans support workers' health by acting as an air-cleaning system.
Food Drying: Industrial fans help in the drying of washed fruits and vegetables as well as the reduction of water volume in some products.
Cooking: Industrial fans are used in the food processing unit while cooking. Industrial fans are placed directly over ovens and furnaces to prevent explosive atmospheres. Industrial fans are widely used during high-pressure cooking.
Packaging & Storage: The use of high-pressure industrial fans in the food processing unit for packaging & storage is necessary for effective product packaging. It is used to create a vacuum inside containers or other forms of storage before filling them with the finished goods.
Thus, numerous applications of industrial fans in the food & beverage industry are increasing their demand from the food & beverage industries, which is driving the growth of the SAM industrial fans market.
South America Industrial Fans Market Overview
Increased demand for centrifugal fans, mainly across petrochemicals, cement production, cryogenics, and metal fabrication industries, is driving the market in South & Central America. In addition, the rapid expansion of Industry sectors is boosting the penetration of power generation units such as nuclear, coal, thermal, and hydro power plants. Such plants use Industrial fans to supply air for combustion and heat transfer. Moreover, industries such as food & beverages, construction, and mining have a large circulation of air or gas and therefore, the demand for Industrial fans continue to rise in the region. Furthermore, the companies are paying major focus on improvement of services across service area to ensure customer satisfaction. In May 2021, Halifax—which designs, manufactures, and supports Industrial fans worldwide has enhanced its sales and service support across Brazil, Chile, and Argentina. Also, the majority of the emerging countries in the region are planning to boost manufacturing units, and the government of Brazil is planning to provide investment opportunities in multiple industries, including mining, logistics, and energy, which will increase the demand for Industrial fans in the region.
South America Industrial Fans Market Revenue and Forecast to 2028 (US$ Million)
South America Industrial Fans Market Segmentation
The South America industrial fans market is segmented into technology, industrial, and country.
Based on technology, the South America industrial fans market is bifurcated into centrifugal and axial. In 2022, the axial segment registered a larger share in the South America industrial fans market.
Based on industrial, the South America industrial fans market is segmented into chemical & petrochemicals, healthcare, automotive manufacturing, food & beverage, oil & gas, mining, and others. In 2022, the chemical & petrochemicals segment registered a largest share in the South America industrial fans market.
Based on country, the South America industrial fans market is segmented into Brazil, Argentina, and the Rest of South America. In 2022, Brazil segment registered a largest share in the South America industrial fans market.
ebm‑papst Inc; FlaktGroup Holding GmbH; Greenheck Fan Corp; Johnson Controls International Plc; Systemair AB; and Witt & Sohn AG are the leading companies operating in the South America industrial fans market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South America Industrial Fans Market Landscape
4.1 Market Overview
4.2 South America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. South America Industrial Fans Market- Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand from Food & Beverage Industry
5.1.2 Growing Use of Industrial Fans in Oil & Gas, Cement, Chemical, Mining, and Manufacturing Industries
5.2 Market Restraints
5.2.1 Fluctuating Cost of Raw Materials
5.3 Market Opportunities
5.3.1 Rise in Power Consumption due to Urbanization
5.4 Future Trends
5.4.1 Technological Advancement in Industrial Fans
5.5 Impact Analysis of Drivers and Restraints
5.5.1 South America Industrial Fans Market: Impact Analysis of Drivers and Restraints
6. Industrial Fans Market– South America Market Analysis
6.1 South America Industrial Fans Market Overview
6.2 South America Industrial Fans Market Forecast and Analysis
7. South America Industrial Fans Market Revenue and Forecast to 2028 – Technology
7.1 Overview
7.2 South America Industrial Fans Market, by Technology (2021 & 2028)
7.3 Centrifugal
7.3.1 Overview
7.3.2 Centrifugal: South America Industrial Fans Market Revenue and Forecast To 2028 (US$ Million)
7.4 Axial
7.4.1 Overview
7.4.2 Axial: South America Industrial Fans Market Revenue and Forecast To 2028 (US$ Million)
8. South America Industrial Fans Market – by Industry
8.1 Overview
8.2 South America Industrial Fans Market, by Industry (2021 & 2028)
8.3 Chemicals and Petrochemicals
8.3.1 Overview
8.3.2 Chemicals and Petrochemicals: South America Industrial Fans Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Healthcare
8.4.1 Overview
8.4.2 Healthcare: South America Industrial Fans Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Automotive Manufacturing
8.5.1 Overview
8.5.2 Automotive Manufacturing: South America Industrial Fans Market Revenue and Forecast To 2028 (US$ Million)
8.6 Food and Beverage
8.6.1 Overview
8.6.2 Food and Beverage: South America Industrial Fans Market Revenue and Forecast To 2028 (US$ Million)
8.7 Oil and gas
8.7.1 Overview
8.7.2 Oil and gas: South America Industrial Fans Market Revenue and Forecast To 2028 (US$ Million)
8.8 Mining
8.8.1 Overview
8.8.2 Mining: South America Industrial Fans Market – Revenue and Forecast to 2028 (US$ Million)
8.9 Others
8.9.1 Overview
8.9.2 Others: South America Industrial Fans Market – Revenue and Forecast to 2028 (US$ Million)
9. South America Industrial Fans Market – Country Analysis
9.1 Overview
9.1.1 South America: Industrial Fans Market, by Key Country
9.1.1.1 Brazil: Industrial Fans Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Brazil: Industrial Fans Market, by Technology
9.1.1.1.2 Brazil: Industrial Fans Market, by Industry
9.1.1.2 Argentina: Industrial Fans Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Argentina: Industrial Fans Market, by Technology
9.1.1.2.2 Argentina: Industrial Fans Market, by Industry
9.1.1.3 Rest of South America: Industrial Fans Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Rest of South America: Industrial Fans Market, by Technology
9.1.1.3.2 Rest of South America: Industrial Fans Market, by Industry
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
10.4 Merger and Acquisition
11. Company Profiles
11.1 Witt & Sohn AG
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 FlaktGroup Holding GmbH
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Systemair AB
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 ebm-papst Inc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Greenheck Fan Corp
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Johnson Controls International Plc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. South America Industrial Fans Market, Revenue and Forecast, 2019–2028 (US$ Million)
Table 2. South America: Industrial Fans Market, by Key Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: Industrial Fans Market, by Technology– Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Industrial Fans Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina: Industrial Fans Market, by Technology– Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina: Industrial Fans Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of South America: Industrial Fans Market, by Technology– Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of South America: Industrial Fans Market, by Industry – Revenue and Forecast to 2028 (US$ Million)
Table 9. List of Abbreviation
LIST OF FIGURES
Figure 1. South America Industrial Fans Market Segmentation
Figure 2. South America Industrial Fans Market Segmentation – Country
Figure 3. South America Industrial Fans Market Overview
Figure 4. South America Industrial Fans Market, by Technology
Figure 5. South America Industrial Fans Market, by Industry
Figure 6. South America Industrial Fans Market, by Country
Figure 7. South America: PEST Analysis
Figure 8. South America Industrial Fans Market Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. South America Industrial Fans Market, Forecast and Analysis (US$ Million)
Figure 11. South America Industrial Fans Market, by Technology (2021 & 2028)
Figure 12. Centrifugal: South America Industrial Fans Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Axial: South America Industrial Fans Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. South America Industrial Fans Market Revenue Share, by Industry (2021 & 2028)
Figure 15. Chemicals and Petrochemicals: South America Industrial Fans Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Healthcare: South America Industrial Fans Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Automotive Manufacturing: South America Industrial Fans Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Food and Beverage: South America Industrial Fans Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Oil and gas: South America Industrial Fans Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Mining: South America Industrial Fans Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Others: South America Industrial Fans Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. South America: Industrial Fans Market, by Key Country - Revenue (2021) (US$ Million)
Figure 23. South America: Industrial Fans Market Revenue Share, by Key Country (2021 & 2028)
Figure 24. Brazil: Industrial Fans Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Argentina: Industrial Fans Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of South America: Industrial Fans Market – Revenue and Forecast to 2028 (US$ Million)
- ebm-papst Inc
- FlaktGroup Holding GmbH
- Greenheck Fan Corp
- Johnson Controls International Plc
- Systemair AB
- Witt & Sohn AG
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South America industrial fans market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the South America industrial fans market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South America market trends and outlook coupled with the factors driving the industrial fans market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution