According to the recent research report titled ‘GLOBAL Fans And Blowers Market 2019-2028’, available with Market Study Report, global fans and blowers market is projected to register a CAGR of 2.12% during 2019-2028.
 

The report states that global fans and blowers market growth is driven by surging demand from power sector and increasing number of data centers. Further, rising commercial kitchens and growing demand for HVAC (heating, ventilation, and air conditioning) are also contributing to the overall market outlook.
 

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Coming to the restraints, emphasis on renewable energy along with hefty costs of operating costs and power consumption are anticipated to hamper worldwide fans and blowers industry remuneration.
 

Based on technology, the market is divided into centrifugal technology and axial technology. With respect to deployment type, the industry is split into commercial deployment and industrial deployment (mining, chemicals, iron & steel, construction, oil & gas, power generation, and others).
 

From the regional front, Asia Pacific fans and blowers industry is projected to record a decent growth through 2028, owing to rapid industrialization. Surging infrastructural development and growing usage of fossil fuel are also adding to the industry potential.
 

Major players impacting global fans and blowers market dynamics are Greenhack Fan Corporation, CG Power & Industrial Solutions Ltd., Airmaster Fan Company Inc., Pollrich GmbH, Loren Cook Company, Howden Group Ltd., Gardner Denver Holdings Inc., Dongku Industrial Co. Ltd., Continental Blower LLC, and Acme Engineering & Manufacturing Corporation.
 

Among these leading organizations, Gardner Denver Holdings Inc., headquartered in the United States, is a supplier of mission-critical flow control and compression devices, as well as associated aftermarket components, services, and consumables worldwide. It caters to a variety of segments, including medical, industrial, and energy. Pumps, vacuums, and blowers are among the items offered by the company to its customers.