Market Size of Middle-East Fans and Blowers Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 2.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Middle-East Fans & Blowers Market Analysis
The Middle East fans and blowers market is expected to register a CAGR of more than 2.5% during the forecast period.
The market was negatively impacted by COVID-19 in 2020. Presently, the market reached pre-pandemic levels.
- Over the long term, the major driving factor of the market is the increasing demand for cooling systems (as fans and blowers are the integral parts of cooling systems) from data centers.
- On the flip side, renewable power plants require minimal infrastructure for fans and blowers. With many major countries in the region looking forward to shifting toward renewable energy sources, the share of renewable power plants in the power generation mix is expected to increase over the coming years, which, in turn, is expected to restrain the demand for fans and blowers during the forecast period.
- Nevertheless, with the increasing urbanization and growing population, buildings' average height and congestion have increased. Since this trend is expected to continue during the forecast period, the demand for ventilating equipment to make up for the unavailability of proper ventilation is expected to increase, providing an opportunity for the market's growth.
- The United Arab Emirates is likely to witness significant growth in the Middle East fans and blowers market during the forecast period.
Middle-East Fans & Blowers Industry Segmentation
Fans and blowers provide heating, cooling, ventilation, and the necessary airflow for industrial processes. These systems typically consist of a fan, an electric motor, a drive system, ducts or piping, flow control devices, and air conditioning equipment, such as filters and cooling coils.
The Middle East fans and blowers market is segmented by technology, deployment, and geography. By technology, the market is segmented into centrifugal and axial. By deployment, the market is segmented into industrial (power generation, oil and gas, construction, and other industries) and commercial. The report also covers the market size and forecasts for the fans and blowers market across major countries in the Middle Eastern region. For each segment, the market sizing and forecasts have been done based on revenue (USD Billion).
| Technology | |
| Centrifugal | |
| Axial |
| Deployment | ||||||
| ||||||
| Commercial |
| Geography | |
| United Arab Emirates | |
| Saudi Arabia | |
| Qatar | |
| Rest of Middle-East |
Middle-East Fans and Blowers Market Size Summary
The Middle East fans and blowers market is poised for growth, driven primarily by the increasing demand for cooling systems in data centers. Despite the initial setback due to the COVID-19 pandemic, the market has rebounded to pre-pandemic levels. However, the shift towards renewable energy sources in the region poses a challenge, as renewable power plants require minimal infrastructure for fans and blowers. Nonetheless, urbanization and rising building heights are expected to boost the demand for ventilating equipment, offering growth opportunities. The United Arab Emirates is anticipated to experience significant market expansion, supported by its robust oil and gas industry, which is seeing increased infrastructure development.
The oil and gas sector in the Middle East, particularly in countries like Saudi Arabia and the United Arab Emirates, is a key driver of demand for fans and blowers. The region's oil and gas industry is experiencing growth, with significant investments planned in refining and petrochemical infrastructure. This growth is expected to bolster the demand for fans and blowers. Additionally, the UAE's strategic initiatives in natural gas and downstream sector investments are likely to further propel market growth. The market is characterized by a consolidated nature, with major players such as Acme Engineering & Manufacturing Corp., Continental Blower LLC, and Gardner Denver Inc. actively participating. Recent joint ventures, like the one between Twin City Fan and Energy Industrial Company, highlight ongoing efforts to expand production capabilities in the region.
Middle-East Fans and Blowers Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast, in USD billion, till 2027
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.2 Restraints
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1.6 Supply Chain Analysis
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1.7 Industry Attractiveness - Porter's Five Forces Analysis
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1.7.1 Bargaining Power of Suppliers
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1.7.2 Bargaining Power of Consumers
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1.7.3 Threat of New Entrants
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1.7.4 Threat of Substitutes Products and Services
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1.7.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Technology
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2.1.1 Centrifugal
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2.1.2 Axial
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2.2 Deployment
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2.2.1 Industrial
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2.2.1.1 Power Generation
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2.2.1.2 Oil and Gas
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2.2.1.3 Construction
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2.2.1.4 Other Industries
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2.2.2 Commercial
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2.3 Geography
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2.3.1 United Arab Emirates
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2.3.2 Saudi Arabia
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2.3.3 Qatar
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2.3.4 Rest of Middle-East
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Middle-East Fans and Blowers Market Size FAQs
What is the current Middle-East Fans and Blowers Market size?
The Middle-East Fans and Blowers Market is projected to register a CAGR of greater than 2.5% during the forecast period (2024-2029)
Who are the key players in Middle-East Fans and Blowers Market?
Acme Engineering & Manufacturing Corp., FlaktGroup GmBH, Gardner Denver Inc., Continental Blower LLC. and Greenheck Fan Corp. are the major companies operating in the Middle-East Fans and Blowers Market.
