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Panorama Analysis of China's Industrial Fan Market

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Panorama Analysis of China's Industrial Fan Market



1. Brief description of the industry


The core function of an industrial fan, as a large-scale ventilation equipment designed for industrial environments, is to generate high airflow output through large-sized fan blades to improve air circulation and cooling in large spaces. These devices are widely used in a variety of industrial plants, warehouses, gymnasiums, exhibition halls and other tall space places, aiming to reduce the accumulation of hot air and harmful gases in high places, while providing a comfortable breeze environment.

 

  • Characteristics of the industry 

 

Large size and high airflow: Industrial fans typically have large diameters and powerful motors that are capable of generating a large amount of airflow and covering a wide area to meet the ventilation and cooling needs of large spaces.   

 

Durability and stability: In view of the complexity of the industrial environment and the requirements of high-intensity use, industrial fans are designed with durability and stability in mind to ensure long-term operation without failure.   

 

Diverse types: The industrial fan market has a wide range of products, including industrial large fans, industrial ceiling fans, industrial wall fans, industrial table fans, exhaust fans, axial fans, and mixed-flow fans, each with its own specific application scenarios and advantages.   

 

Energy conservation and environmental protection: With the improvement of environmental awareness, the industrial fan industry pays more and more attention to the energy conservation and environmental protection performance of products, and reduces energy consumption by using high-efficiency motors, intelligent control and other technical means.

 

Main classifications:   

 

Industrial large fan: large diameter, able to generate a large amount of airflow, wide coverage, suitable for large open spaces such as factories, warehouses, etc.   

 

Industrial ceiling fan: Suspended from the ceiling to provide air convection in the vertical direction, it is suitable for tall production workshops, warehouses, etc.   

 

Industrial Wall Mounted Fan: Installed on the wall to provide local ventilation to specific areas, such as offices, workshop side, etc.   

 

Industrial table fan: placed on the bench, suitable for occasions that require local ventilation, such as workbenches, production lines, etc.   

 

Exhaust fan: It is mainly used to remove heat, odor or harmful gases in the room, and is installed on the ventilation duct to keep the air fresh through forced exhaust.   

 

Axial fan: characterized by axial air flow, it is suitable for occasions where a large amount of air flow is generated in the pipe, such as ventilation ducts, air ducts, etc.   

 

Mixed-flow fan: Combining the characteristics of axial flow and centrifugal fan, it can provide both large air volume and high air pressure, which is suitable for environments that require large air volume and have certain air pressure requirements.

 

2. the current situation of the market

 

China's industrial fan market has shown a rapid development trend in recent years, with the market scale expanding and the technical level and product quality continuing to improve. With the acceleration of industrialization and industrial upgrading, industrial fans are more and more widely used in various fields, and the market demand continues to grow. At the same time, the market competition is becoming increasingly fierce, and enterprises have increased R&D investment to improve product performance and service quality in order to gain a larger market share.


Company name

stock code

introduction

Midea 

000333.SZ


Founded in 1968 and headquartered in Foshan City, Guangdong Province, Midea Group is one of the leading enterprises in China's home appliance industry. Its product line covers a wide range of products, including air conditioners, refrigerators, washing machines and small household appliances, among which electric fans are known for their excellent performance, efficient air flow and quiet design.


Gree

000651.SZ


Founded in 1991 and headquartered in Zhuhai, Guangdong, Gree Electric is a well-known brand in China's home appliance industry. Gree electric fans are characterized by high efficiency, silence and energy saving, and adopt advanced aerodynamic design and intelligent control technology to bring consumers a comfortable and healthy cooling experience.


 Meiling

000521.SZ


Changhong Meiling company has a wide range of products, including refrigerators (cabinets), air conditioners, washing machines, kitchen appliances, small household appliances, etc. Among them, small household appliances include dishwashers, vacuum cleaners, water purifiers, tea bar machines, electric fans and heaters. Electric fan products have also attracted much attention from consumers.


Fei Rongda(FRD)

300602.SZ


FRD is a company that provides one-stop system cooling solutions, and its business scope includes heat dissipation modules, fans, etc. Although its main business is not limited to industrial fans, its technical strength in the field of heat dissipation also has a certain impact on the industrial fan industry.


Tianlong shares

603266.SH


Tianlong Co., Ltd. is a company focusing on the design and development of precision molds, precision product injection molding and other fields. Its products are diverse, including automotive, consumer electronics, electrical appliances and other plastic parts, which also involves the injection molding production of fan products.


Silan

600460.SH


Silan is a company focusing on integrated circuit design, manufacturing, packaging and testing. Its electronic control MCU products continue to be widely used in industrial inverters, industrial UPS, photovoltaic inverters, textile machinery servo products, various inverter fan applications and other fields.


Ox

Not directly listed


Founded in 1986 and headquartered in Zhejiang Province, China, Oaks Group is an enterprise group dedicated to modern manufacturing industries such as intelligent power equipment and household appliances. Its electric fan products are characterized by high efficiency, energy saving and environmental protection, and have a high reputation and reputation in the market.





Market size and trends

 

According to industry data and market research, the scale of China's industrial fan market has continued to expand in recent years. With the rapid development of the country's manufacturing industry and the improvement of people's requirements for the comfort of the working environment, the demand for industrial fans is increasing. Especially in the fields of heavy industries such as steel, energy, chemicals, and cement, industrial fans are more widely used and have become one of the indispensable production equipment in these industries.


M


According to the "2024-2030 China Industrial Fan Industry Market Development Status Survey and Investment Trend Prospect Analysis Report" released by Boss Data, it shows that China's industrial fan market has a strong development momentum, increasing from **100 million yuan in 2014 to **100 million yuan in 2023, an increase is obvious. It is expected that in the next few years, with the continuous progress of technology and the in-depth expansion of applications, the market size will continue to maintain rapid growth.

 

In the future, China's industrial fan market will continue to maintain a growth trend. On the one hand, with the continuous progress of technology and product innovation, the performance of industrial fans will be further improved to meet more diverse market needs. On the other hand, with the continuous improvement of the country's attention to environmental protection and energy conservation, the industrial fan industry will also pay more attention to the energy conservation and environmental protection performance of products, and promote the development of the industry in a green and low-carbon direction.

 

Import and export status

 

The import and export of industrial fans in China reflects the supply-demand relationship and competition situation in the domestic and foreign markets. In recent years, China's industrial fan exports have grown steadily, and the products are exported to many countries and regions around the world. This is mainly due to the advantages of China's industrial fan industry in terms of product quality, technological innovation and cost control. At the same time, domestic enterprises are also actively exploring the international market, by participating in international exhibitions, establishing overseas sales networks and other ways to enhance brand awareness and market share.

 

In terms of imports, China's industrial fan market has also maintained a certain amount of imports. This is mainly due to the fact that some high-end and special-purpose industrial fans still need to rely on imports to meet the domestic market demand. However, with the improvement of the technical strength of domestic enterprises and the improvement of the industrial chain, the dependence on imports will gradually decrease.

 

To sum up:


China's industrial fan market is in a stage of rapid development, with the market scale expanding and the technical level and product quality continuing to improve. With the acceleration of industrialization and the advancement of industrial upgrading, the application of industrial fans in various fields will be more extensive, and the market demand will continue to grow. At the same time, market competition will become more intense, and enterprises need to increase R&D investment to improve product performance and service quality to meet market challenges. In the future, China's industrial fan industry will continue to maintain a growth trend, develop in a green and low-carbon direction, and make greater contributions to the global industrial ventilation and cooling field. In this process, Booz Data will continue to pay attention to industry trends and provide accurate and timely market analysis and suggestions for relevant enterprises and investors.





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