Europe Industrial Fans Market

The Europe industrial fans market is expected to grow from US$ 1,848.03 million in 2022 to US$ 2,899.39 million by 2028. It is estimated to grow at a CAGR of 7.8% from 2022 to 2028.

Increasing Demand from Food & Beverage Industry is Driving the Europe 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 Europe industrial fans market.

Europe Industrial Fans Market Overview

Based on geography, the Europe industrial fans market is sub segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Europe has a robust automotive industry. The industry contributes over 6% on average to the European GDP annually. The Europe automotive industry supplies its produced vehicles across the globe. The region has also experienced a rise in investments in new automotive manufacturing plants. Some of them are mentioned below:

•   In August 2022, BYD Auto Co., Ltd. announced its intentions to start manufacturing electric vehicles in Europe. The company announced it would open the plant in partnership with other regional automobile manufacturers.

•   In March 2022, Volkswagen announced its intentions to develop a new electric car manufacturing plant in Germany.

•   In July 2022, Volvo Cars announced the launch of its third manufacturing plant in Europe. The plant is opened to cater to the rising demand for electric vehicles across the region.

The increasing number of automotive plants across the region is constantly fueling the demand for industrial fans, thereby contributing to the market's growth.

The Europe food & beverages industry is one of the largest manufacturing sectors with respect to jobs and value addition. The region is also home to several local and international food brands, including Ferrero Group, FrieslandCampina, JBS, Planted, Brewdog, Huel, Kraft, Mars, Nestle, and Unilever. These brands have increased their production capabilities through the expansion of manufacturing plants and the adoption of automated manufacturing technologies over the years. Thus, the increase in the food & beverage manufacturing plants across the region is contributing to the growth of the Europe industrial fans market.

The major companies operating in the Europe industrial fans market include Witt & Sohn AG, Johnson Controls International Plc, FlaktGroup Holding GmbH, Systemair AB, Savio SRL, and Wilkinson Dynamic Balancing Ltd. These companies are focused on new product development and geographic expansion, which is further expected to contribute to the Europe industrial fans market growth. For instance, in May 2019, POLLRICH GmbH acquired trademark rights and industrial fan program of Rußwurm Ventilatoren GmbH.

Europe Industrial Fans Market Revenue and Forecast to 2028 (US$ Million)

Europe Industrial Fans Strategic Insights

Strategic insights for the Europe Industrial Fans provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Industrial Fans Report Scope

Europe Industrial Fans Regional Insights

The geographic scope of the Europe Industrial Fans refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Europe industrial fans market is segmented into technology, industrial, and country.

Based on technology, the Europe industrial fans market is bifurcated into centrifugal and axial. In 2022, the axial segment registered a larger share in the Europe industrial fans market.

Based on industrial, the Europe 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 Europe industrial fans market.

Based on country, the Europe industrial fans market is segmented into France, Germany, the UK, Italy, Russia, and the Rest of Europe. In 2022, Germany segment registered a largest share in the Europe industrial fans market.

Airmaster Fan Co; ebm‑papst Inc; FlaktGroup Holding GmbH; Greenheck Fan Corp; Johnson Controls International Plc; Savio SRL; Systemair AB; Wilkinson Dynamic Balancing Ltd; and Witt & Sohn AG are the leading companies operating in the Europe industrial fans market.