Global Variable Frequency Drives Market

Machines that transform electrical energy into mechanical energy are known as electric motors. An electric generator is a device that transforms mechanical energy into electrical energy. The main types of electric motors and generators are motor manufacturing and generator manufacturing. Motor manufacturing refers to the manufacturing of motors and generators for vehicles. The motor and generator are applicable in automobiles, maritime, power generation, and industrial uses. The motor and generator are used in the industrial, commercial, and residential sectors. The various power generation types are power generation, thermal, hydro, nuclear, wind, and other power generation. The electric motors and generators market research report is one of a series of new reports from The Business Research Company that provides electric motors and generators market statistics, including electric motors and generators industry global market size, regional shares, competitors with a electric motors and generators market share, detailed electric motors and generators market segments, market trends and opportunities, and any further data you may need to thrive in the electric motors and generators industry. This electric motors and generators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry. The global electric motor and generator market size will grow from $124.96 billion in 2022 to $132.22 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global electric motor and generator market size is expected to grow to $159.81 billion in 2027 at a CAGR of 4.9%. Increasing use of household appliances is expected to contribute to the growth of the motor and generator manufacturing market in the forecast period. Increasing electrification, rising disposable income, and rapid urbanization, along with several other factors, are boosting the demand for household appliances, which in turn will drive the market for motors. For instance, the global household appliance manufacturing market is expected to reach $396.8 billion in 2022 at a CAGR of 8.7%. The growing demand for household appliances that function with a motor will thereby drive the market for motors and generators in the forecast period. Increased tariffs on raw materials such as steel and aluminium restrained the market for motor and generator manufacturing in the historic period. Steel and aluminium are predominantly used in manufacturing the components for motors. Increasing import tariffs on raw materials such as steel have hindered the market for household fans. For instance, in 2021, according to The Hindu, the Aluminium Association of India had requested an increase in the tariff rate of basic customs duty for aluminium and articles from 10 to 15%. An increase in tariffs will increase operating expenses, thereby restraining the growth of the market. Generator manufacturing companies are increasingly manufacturing portable generators. A portable generator provides electricity by running a gas-powered or diesel-powered engine that turns an onboard alternator to generate electrical power. Rising demand for uninterrupted and reliable power supply is increasing the demand for portable generators as they offer advantages such as flexibility and ease of use. In August 2021, Graycliff’s WorldWide Electric, a US-based provider of industrial electric motors, gears and motor controls, acquired Georator Corporation and Athlon Generator for an undisclosed amount. Through this acquisition, WorldWide Electric increased the scope of its product offering and service and partnered with its current customer base by utilizing this extended product offering. Georator Corporation is a US-based manufacturer of rotary and solid-state power frequency converters and Athlon Generator is a US-based provider of generators for industrial applications. Major players in the motors and generators market are Siemens AG, ASMO, Rockwell Automation, Emerson Electric Co., ABB Ltd., Nidec, General Electric Co., Baldor Electric Co., Danahar Motion LLC., and Kollmorgen Corp. Asia-Pacific was the largest region in the electric motor and generator market in 2022. The regions covered in the global electric motor and generator report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries in the global electric motor and generator market include Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia. The electric motors and generators market consists of sales of series motors, shunt motors, compound motors, synchronous motors, induction motors, linear motors and adjustable speed motors. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global electric motor and generator market is segmented - 1) By Type: Motor Manufacturing, Generator Manufacturing 2) By End-User: Industrial, Commercial, Residential 3) By Application: Automobile, Maritime, Power Generation

Household vacuum cleaner Manufacturing refers to the manufacturing of vacuum cleaners, which are home appliances used to remove dirt and soil from carpets, floors, and furniture. Residential vacuums are generally designed for aesthetics, usability, and affordability.  The main product types of household vacuum cleaners are upright, canister, central, robotic, drum, wet/dry, and others. The suction motor of an upright vacuum cleaner sits directly on top of the suction brush. Since this entire vacuum cleaner is capable of standing upright, it is referred to as an upright vacuum cleaner. Upright vacuum cleaner designed specifically for cleaning all types of carpets. Upright vacuum cleaners have a large carpet suction area and a high capacity. The various operation modes of vacuum cleaners include self-drive, remote control models that are used as floor vacuum cleaners, window vacuum cleaners, and pool vacuum cleaners. The products are sold through offline and online modes. The household vacuum cleaner manufacturing market research report is one of a series of new reports from The Business Research Company that provides household vacuum cleaner manufacturing market statistics, including household vacuum cleaner manufacturing industry global market size, regional shares, competitors with a household vacuum cleaner manufacturing market share, detailed household vacuum cleaner manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the household vacuum cleaner manufacturing industry. This household vacuum cleaner manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global household type vacuum cleaners market size will grow from $44.03 billion in 2022 to $47.93 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global household type vacuum cleaners market size is expected to grow to $63.67 billion in 2027 at a CAGR of 7.4%. The rise in awareness of hygiene contributed to the growth of the household vacuum cleaners market in the forecast period. There has been an increase in pathogens and infectious diseases. This has led to increasing awareness of the importance of maintaining hygiene in care, nursing, and residential areas, which in turn has driven the market for household vacuum cleaners. According to a poll conducted by Hygiene Company SCA in the UK, 47% of people spend more than five hours a week on domestic cleaning tasks. An increase in awareness of hygiene coupled with the rise in disposable income is driving the market for household vacuum cleaners. A rise in awareness about the adverse effects of high energy consumption and the carbon footprint associated with the usage of vacuum cleaners is expected to restrain the market in the forecast period. Several factors such as increasing internet penetration led to an increase in awareness about the consumption of energy, the rising cost of energy, and adverse effects associated with the usage of several household appliances such as vacuum cleaners. For instance, in October 2020, variety of imported items, including vacuum cleaners, would no longer be offered in the Canteen Stores Department (CSD). Household vacuum cleaner manufacturers are increasingly producing energy-efficient products to reduce carbon footprint and enable energy savings for the consumers. The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric home appliances and advances in technology. Energy-efficient vacuum cleaners are designed to utilize minimum energy to complete the required task. Currently, over 80 countries have standards and labels for energy-efficient appliances. For example, European Commission- ‘Eco design requirements for Vacuum Cleaners’ contains eco-design requirements for several types of vacuum cleaners. In September 2021, Advent International, an America-based private equity firm acquired a majority stake in Eureka Forbes Ltd for ?4,400 crores ($596.8 million). Through this acquisition, Advent aimed to become India’s home-grown consumer durables champion. Eureka Forbes Ltd. is an India-based consumer goods company. Major players in the household vacuum cleaner market are AB Electrolux, Miele & Cie. KG, Samsung Electronics Co., Ltd., Dyson Ltd., Bissell Inc., iRobot Corporation, Panasonic Corporation, Koninklijke Philips N.V., Haier Group Corporation, and LG Electronics. Asia-Pacific was the largest region in the household vacuum cleaner market in 2022. Western Europe was the second-largest region in the global household type vacuum cleaners market. The regions covered in the global household type vacuum cleaners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the household vacuum cleaner market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The household vaccum cleaner manufacturing market consists of sales of upright, canister, central, robotic, drum, wet/dry, and other household vaccum cleaner.Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global household type vacuum cleaners market is segmented - 1) By Type of Product: Upright, Canister, Central, Robotic, Drum, Wet/Dry, Other Products 2) By Mode of Sale: Offline, Online 3) By Type of Use: Floor Vacuum Cleaner, Window Vacuum Cleaner, Pool Vacuum Cleaner 4) By Operation Mode: Self-Drive, Remote Control

The attic and exhaust fans refer to a device that are used in warmer months when temperatures in an attic can exceed 120 °F (49 °C) or to pull excess moisture and unwanted odours out of a particular room or area. The main types of attic and exhaust fans are attic fans and exhaust fans. Attic fans refer to ventilation fan that regulates the heat level of a building's attic by exhausting hot air. The material used is metal and plastic. The various applications involved are industrial, commercial, and residential. The attic and exhaust fans market research report is one of a series of new reports from The Business Research Company that provides attic and exhaust fans market statistics, including attic and exhaust fans industry global market size, regional shares, competitors with attic and exhaust fans market share, detailed attic and exhaust fans market segments, market trends and opportunities, and any further data you may need to thrive in the attic and exhaust fans industry. This attic and exhaust fans market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global attic and exhaust fans market size will grow from $8.95 billion in 2022 to $9.64 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global attic and exhaust fans market size is expected to grow to $12.67 billion in 2027 at a CAGR of 7.1%. The growth in the number of industries across the world contributed to the growth of the attic and exhaust fans market. Exhaust fans are used to remove contaminants like dust, fumes, and vapors, to provide a safe environment for work. For example, a steel manufacturing plant uses an exhaust fan to create the difference between indoor and outdoor air environments so that airflow can be generated to eliminate the exhausting gas while manufacturing. According to India Brand Equity Foundation (IBEF), in India, the number of micros, small and medium enterprises (MSMEs) has increased from 2.12 million units in 2019 to 2.51 million units in 2020, a growth of 18.5%. Therefore, the growth in several industries across the world boosted the demand for industrial exhaust fans which in turn influenced the market for attic and exhaust fans positively. Exhaust fans can cause depressurization in a house and this factor is expected to limit the growth of the attic and exhaust fans market. Exhaust fans can depressurize a house and lower the pressure indoors concerning the outside. Depressurized houses or places will also have a higher difference in temperature between inside and outside. The risk of the absence of pressure in a house results in higher utility costs, poor indoor air quality, and damp inside walls of houses. Therefore, such factors are expected to hurt the growth of the attic and exhaust fans market. Increasing demand for smart attic fans is an emerging trend in the attic and exhaust fans market. A smart attic fan is a device that has a built-in thermostat/humidistat, and variable speed motor, and is operated using applications. For instance, QuietCool AFG SMT-3.0 smart attic fan from Quiet Cool Colorado runs at the 3,000 CFM setting when the attic is at its hottest point and again the smart attic fan automatically cycles itself down to the lower speeds as the attic starts to cool down. Major players in the attic and exhaust fans market are Greenhack, Systemair, Twin City Fan, Howden, Soler & Palau, Attic Breeze LLC., Industrial Fans Direct, Daltec Fans, Atmox Inc., and Wayne's Solar Inc. The Asia-Pacific was the largest region in the attic and exhaust fans market in 2022. Western Europe was the second largest region in the global attic and exhaust fans market. The regions covered in the global attic and exhaust fans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the attic and exhaust fans market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The attic and exhaust fans market consists of sales of ridge vents, off ridge vents, box vents, hard-wired powered attic vents, solar powered attic vents, roof turbines, cupola vents, and soffit vents. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global attic and exhaust fans market is segmented - 1) By Type: Attic Fans, Exhaust Fans 2) By Material: Metal, Plastic 3) By Application: Industrial, Commercial, Residential

The electric motor is defined as an electric machine that converts electrical energy into mechanical energy and supplies power to the devices. It works on the principles of electromagnetism with properties such as durability, high efficiency, low energy consumption, and low maintenance. The main types of electric motor manufacturing are alternate current (AC) motor, direct current (DC) motor, and hermetic motor. A hermetic motor contains both the compressor and the motor within a single outer welded steel shell. The motor and compressor are connected directly on the same shaft, with the motor located within the refrigeration circuit. As a result, the need for a shaft seal and the resulting refrigerant leakage problem was eliminated. Welding or brazing is used to connect all refrigerant pipelines to the outer steel shell. The voltage of an electric motor ranges from 9v and below, 10-20 v, 21-60 v, 60 v, and above, and various output power are integral horsepower (IHP) and fractional horsepower (FHP). The different speeds of the electric motor are low-speed (less than 1,000 rpm), medium-speed (1,001 to 25,000 rpm), high-speed (25,001 to 75,000 rpm), ultra-high-speed (greater than 75,001 rpm) that are used for industrial machinery, motor vehicle, HVAC equipment, aerospace and transportation, household appliances, other commercial applications. The electric motor manufacturing market research report is one of a series of new reports from The Business Research Company that provides electric motor manufacturing market statistics, including electric motor manufacturing industry global market size, regional shares, competitors with an electric motor manufacturing market share, detailed electric motor manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the electric motor manufacturing industry. This electric motor manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global electric motors market size will grow from $97.15 billion in 2022 to $102.68 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global electric motors market size is expected to grow to $123.54 billion in 2027 at a CAGR of 4.7%. An increase in the sale of electric vehicles is expected to propel the growth of the electric motors market. An electric vehicle (EV) is a vehicle that is entirely or partially powered by electricity. The growing popularity of electric vehicles drives the demand for electric to drive the wheels. For instance, according to the 2020 International Energy Agency (IEA) report, a France-based independent intergovernmental organization, 10 million electric vehicles were in circulation worldwide, up 43% from 2019. Additionally, it is estimated that by 2040, electric vehicle sales will account for 58% of all passenger car sales worldwide, up from an estimated 28% in 2030. Therefore, the growing demand for electric vehicles (EVs) is driving the growth of the electric motors market going forward. Increased tariffs on raw materials such as steel and aluminum will restrain the market for motor manufacturing in the forecast period. Steel and aluminum are predominantly used in the manufacture of components for motors. Increasing import tariffs on raw materials such as steel hindered the market for household fans. For instance, in February 2020, the USA administration decided to raise tariffs on derivative steel and aluminum imports by 25% and 10%, respectively. Motor manufacturing companies are increasingly manufacturing IoT-enabled smart motors. These motors are equipped with sensors that monitor and track the motor’s health and performance. Sensors are connected to a control database that continuously collects data, and uses artificial intelligence (AI) to learn normal behavior and sends an alert upon detecting any deviation from normal behavior. Smart motors offer several benefits such as increased lifespan of equipment and improved safety. In November 2021, Renault Group, a France-based automotive company acquired Whylot for an undisclosed amount. Through this acquisition, Renault Group aims to to develop and industrialise an innovative axial-flow automotive e-motor and a breakthrough technology for electrified applications. Whylot, a France-based company specializing in innovative electric motors. Major players in the electric motor manufacturing market are ABB Ltd., ARC Systems, Inc., Asmo Co., Ltd., Brook Crompton UK Ltd., Emerson Electric Co., Regal Beloit Corporation, Rockwell Automation Inc., Siemens AG, Ametek, Inc., and Baldor Electric Company, Inc. Asia-Pacific was the largest region in the electric motor manufacturing market in 2022. Western Europe was the second-largest region in the global electric motors market. The regions covered in the global electric motors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the electric motor manufacturing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The electric motor market consists of sales of rotor, bearings, stator, air gap, windings, commutator, and other electric motors. Devices that use electric motors consist of fans, blowers, household appliances, disk drives, batteries and power tools, machine tools, domestic appliances, HVAC applications, electric cars, and automated robots. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global electric motors market is segmented - 1) By Type: Alternate Current (AC) Motor, Direct Current (AC) Motor, Hermetic Motor 2) By Output Power: Integral Horsepower (IHP), Fractional Horsepower (FHP) 3) By Voltage Range: 9v & Below, 10-20 v, 21-60 v, 60 v And Above 4) By Application: Industrial Machinery, Motor Vehicle, HVAC Equipment, Aerospace & Transportation, Household Appliances, Other Commercial Applications 5) By Speed: Low-Speed (less than 1,000 rpm), Medium-Speed (1,001 to 25,000 rpm), High-Speed (25,001 to 75,000 rpm), Ultra-High Speed (greater than 75,001 rpm)

Fans and blowers are machines that provide ventilation, the flow of air (or gas) required for cooling, exhausting, and conveying, and are used to overcome the airflow resistance caused by components such as ducts and dampers. The main types of fans and blowers are centrifugal fans and blowers, axial fans and blowers, and others. Centrifugal fans and centrifugal blowers are air-moving pumps or motors used for moving air through a duct. Axial fans and blowers are used as propellers to draw air into the fan and discharge it in the parallel axial direction. An axial fan forces the extracted air to move parallel to the shaft around which the blades rotate. The fans and blowers are used in various sectors, including industrial, commercial, and others. The fans and blowers market research report is one of a series of new reports from The Business Research Company that provides fans and blowers market statistics, including fans and blowers industry global market size, regional shares, competitors with a fans and blowers market share, detailed fans and blowers market segments, market trends and opportunities, and any further data you may need to thrive in the fans and blowers industry. This fans and blowers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global fans and blowers market size grew from $5.92 billion in 2022 to $6.5 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The fans and blowers market size is expected to grow to $8.11 billion in 2027 at a CAGR of 5.7%. The growing construction sector is expected to propel the growth of the fans and blowers market going forward. The construction sector refers to the sector of industry and trade that deals with creating, maintaining, and repairing infrastructures. Fans and blowers are used in the construction sector to provide air for ventilation and industrial process requirements. For instance, in January 2022, according to Global Construction Perspectives and Oxford Economics, a UK-based leader in global economic forecasting and econometric analysis, by 2030, the global construction production is expected to increase by 85% to $15.5 trillion, with China, the United States, and India taking the lead and contributing 57% of the increase. Over the next 15 years, the US construction market is going to expand more quickly than China's. Therefore, the growing construction sector is driving the growth of the fans and blowers market. Technological advancements are shaping the fans and blower market. Companies manufacturing fans and blowers have introduced technologies such as liquid cooling technology for better performance. For instance, in September 2020, Boyd Corporation, a US-based company, designed a low-profile cooling ultra-thin and lightweight blower using liquid cooling technology. These are as thin as 3mm which functions well in high pressure and provides cooling while maintaining durability and are designed in thin and ultra-thin profiles, which are ideal for the smaller, more powerful devices. In December 2020, the Greenheck Group, a US-based company manufacturing air movement and control equipment announced the acquisition of Metal Industries, for an undisclosed amount. Through this acquisition, Greenheck aims to expand its brand portfolio by offering air movement, control, and conditioning equipment. Metal Industries, Inc. is a US-based company that offers fans and blowers, air distribution products, and air terminal units. Major players in the fans and blowers market are Acme Engineering and Manufacturing Corporation, Aerzener Maschinenfabrik GmbH, Air System Components Inc., Cincinnati Fan, and Ventilator Company Inc., Continental Blower LLC, Zhejiang Shangfeng Fan/motor Co. Ltd., Garden Denver Inc., Greenheck Fan Corporation, Howden Engineering Limited, Johnson Controls International plc, Kaeser Compressors, Munters, Nanfang Ventilator Co. Ltd., Polypipe Ventilation, Robinson Fans Inc., Soler & Palau Sistemas de Ventilación S.L.U., Systemair, Twin City Fan Companies, Ventmeca Fans Inc., Vortice Elettrosociali S.p.A., Zhejiang Shangfeng Fan/motor Co. Ltd., CG Power and Industrial Solutions Limited, Industrial Solutions Limited, and Loren Cook Company. Asia-Pacific was the largest region in the fans and blowers market in 2022. The regions covered in the fans and blowers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fans and blowers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The fans and blowers market consists of sales of displacement blowers, rotary lobe blowers, helical screw blowers, centrifugal blowers, multistage centrifugal blowers, high-speed blowers, regenerative blowers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global fans and blowers market is segmented - 1) By Type: Centrifugal Fans And Blowers, Axial Fans And Blowers, Other Types 2) By Distribution Channel: Online, Offline 2) By Application: Industrial, Commercial, Other Applications

A household-type fan is defined as a device that consists of a rotating arrangement of blades designed to circulate air throughout an entire room. The main types in the household fans manufacturing market are ceiling fans, table fans, pedestal fans, exhaust fans, wall fans. Ceiling fans in the household fans manufacturing market refer to the fan that is mounted on a ceiling. The various types of current are ac residential fans, dc residential fans. The various distribution channels are store-based retailing, direct sales, non-store-based retailing. These are used in the home, and commercial. The household fans manufacturing market research report is one of a series of new reports from The Business Research Company that provides household fans manufacturing market statistics, including household fans manufacturing industry global market size, regional shares, competitors with a household fans manufacturing market share, detailed household fans manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the household fans manufacturing industry. This household fans manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global household type fans market will grow from $29.24 billion in 2022 to $30.87 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global household type fans market is expected to grow to $36.44 billion in 2027 at a CAGR of 4.2%. Increased electrification especially in rural areas has contributed to the growth of the household fans market in the historic period. Electrification coupled with the rise in disposable income has boosted the demand for household fans. For example, in India, the percentage of the rural population with access to electricity increased to 89.3%. The Percapita net disposable income increased to $2,018.53. The rise in disposable income increased the purchasing power of the people which in turn has increased the market for household fans. Increased tariffs on raw materials such as steel and aluminum restrained the market for household fans in the historic period. Steel and aluminum are predominantly used in the manufacture of components such as blades for fans. Increasing import tariffs on raw materials such as steel hindered the market for household fans. For instance, the USA imposed 25% and 10% tariffs on the import of steel and aluminum respectively. Household fan manufacturers are increasingly producing energy-efficient products to reduce their carbon footprint and enable energy savings for consumers. The rise of energy-efficient appliances can be attributed to stringent government regulations on electric home appliances and advances in technology. Energy-efficient fans are designed to utilize minimum energy. Currently, over 80 countries have standards and labels for energy-efficient appliances. For example, in the USA, ENERGY STAR-certified ceiling fans provide cutting-edge design, use the latest technology, and are 60% more efficient than conventional ceiling fans. In May 2022, RR Kabel, an India-based wire and cable manufacturer company acquired Luminous Home Electrical business from Schneider for an undisclosed amount. This acquisition will benefit RR Kabel's consumer electricals business, which includes a diverse portfolio of fans, lighting, and appliances. Luminous Home Electrical Business is an India-based electronics and electrical company. Major players in the household fans manufacturing market are Hunter Fan Company, Casablanca, Emerson Ceiling Fans, Minka, Monte Carlo, Craftmade, Litex, Fanimation, Kichler, and Panasonic. The Asia-Pacific was the largest region in the household fans market in 2022. Western Europe is the second-largest region in the global household fans market. The regions covered in the global household fans manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the household fans manufacturing market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, USA, and Australia. The household type fans market consists of sales of ceiling fans, table fans, pedestal fans, exhaust fans, wall fans, and other household type fans. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global household fans market is segmented - 1) By Type Of Product: Ceiling Fans, Table Fans, Pedestal Fans, Exhaust Fans, Wall Fans 2) By Type of Current: AC Residential Fans, DC Residential Fans 3) By Application: Home, Commercial 4) By Distribution Channel: Store-based Retailing, Direct Sales, Non-Store-based Retailing

Compressor is a device that provides power by increasing the pressure of a substance and reducing the volume. They are used for industrial and home needs. The main types of compressors are air compressors and gas compressors. The compressors are classified by positive displacement and centrifugal with different power ratings like 0-100 kW, 101-300 kW, 301-500 kW, and 500 kW above that are applied in construction, power, industrial manufacturing, HVAC-R, chemical and cement, oil and gas, automotive, food and beverage, and textile sectors. The compressors market research report is one of a series of new reports from The Business Research Company that provides compressors market statistics, including compressors industry global market size, regional shares, competitors with a compressors market share, detailed compressors market segments, market trends, and opportunities, and any further data you may need to thrive in the compressors industry. This compressors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global compressors market size will grow from $122.57 billion in 2022 to $125.75 billion in 2023 at a compound annual growth rate (CAGR) of 2.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global compressors market size is expected to grow to $140.49 billion in 2027 at a CAGR of 2.8%. The increasing applications of compressors in the power industry are one of the key drivers for the compressors market. This is mainly due to the rising global population which has led to an increase in the demand for electricity and other power resources to carry out day-to-day activities. In this regard, companies in the compressors market are offering compressors for the power industry. For instance, Atlas CopCo., MAN Turbo, and Gardner Denver are some of the compressor manufacturers that offer compressors for power generation applications. The high maintenance cost of compressors is one of the major restraints on the compressors market. The maintenance of a compressor typically includes costs for repair including any leakages, changing the filter, and oiling. For example, the cost of oil required to operate an oil-lubricated compressor is around $3,000-$6,000 per year. Similarly, the disposal of condensate generated by the compressor can cost around $50,000 per year. Therefore, the maintenance costs involved in operating compressors continue to be an important restraint restricting the growth of the compressors market. The emergence of next-gen air compressors is an important trend in the compressors market. The next-generation air compressors are highly energy-efficient and eco-friendly and emit relatively lesser carbon emissions than the traditional compressors. For example, Kirloskar Pneumatic Co Ltd in association with Top Tag Trading Est (3T Group) launched a next-generation diesel portable compressor, which offers high power efficiency at a low cost of ownership. Similarly, compressor manufacturer Atlas Copco offers the GA VSD+ compressor which reduces energy consumption by 50%. Other companies in the compressors market such as Hitachi and Ingersoll Rand are also working towards power-efficient and low-maintenance air compressors. The compressor machine manufacturers must comply with the standards set by the American Society of Mechanical Engineers (ASME) in the making and testing of compressors. One such example is the ASME Standard EA-4-2008. This standard specifically focuses on the requirements of conducting and collecting the results of a compressed air system. The standard is set to avoid any kind of discrepancy in evaluating a compressor based on its energy assessments. ASME Standard EA-4-2008 provides a detailed yet scalable process that can be molded for each compressor manufacturing facility. Hence, regulations such as these would keep a check on companies involved in manufacturing and testing compressors. MR Organisation (MRO) Limited, a global producer, supplier, and one-stop solution provider of compressed air equipment, components, and kits headquartered in India has acquired Standard Air Limited (Standard Air) for an undisclosed amount. The acquisition will offer MRO the essential growth and global reach, indicating the company's sustained success. Standard Air Limited is a UK-based compressor company. Major players in the compressors market are Atlas, Ingersoll Rand, Siemens, Ebara, ELGI Equipment Ltd., Gardner Denver, Kirloskar, Kobe Steel, Mitsubishi Heavy Industries Ltd., and Sulzer AG. The Asia-Pacific was the largest region in the compressors market in 2022. North America was the second largest region in the global compressors market. The regions covered in the global compressors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the compressors market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia. The compressor market consists of sales of rotary screw compressor, centrifugal compressors, and reciprocating compressor. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global compressors market is segmented - 1) By Type: Air, Gas 2) By Compressor Type: Positive Displacement, Centrifugal 3) By Power Rating: 0-100 kW, 101-300 kW, 301-500 kW, 500 kW Above 4) By Appication: Construction, Power, Industrial Manufacturing, HVAC-R, Chemical & Cement, Oil & Gas, Automotive, Food & Beverage, Textile

Compressor is a device that provides power by increasing the pressure of a substance and reducing the volume. They are used for industrial and home needs. The main types of compressors are air compressors and gas compressors. The compressors are classified by positive displacement and centrifugal with different power ratings like 0-100 kW, 101-300 kW, 301-500 kW, and 500 kW above that are applied in construction, power, industrial manufacturing, HVAC-R, chemical and cement, oil and gas, automotive, food and beverage, and textile sectors. The compressors market research report is one of a series of new reports from The Business Research Company that provides compressors market statistics, including compressors industry global market size, regional shares, competitors with a compressors market share, detailed compressors market segments, market trends, and opportunities, and any further data you may need to thrive in the compressors industry. This compressors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global compressors market size will grow from $122.57 billion in 2022 to $125.75 billion in 2023 at a compound annual growth rate (CAGR) of 2.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global compressors market size is expected to grow to $140.49 billion in 2027 at a CAGR of 2.8%. The increasing applications of compressors in the power industry are one of the key drivers for the compressors market. This is mainly due to the rising global population which has led to an increase in the demand for electricity and other power resources to carry out day-to-day activities. In this regard, companies in the compressors market are offering compressors for the power industry. For instance, Atlas CopCo., MAN Turbo, and Gardner Denver are some of the compressor manufacturers that offer compressors for power generation applications. The high maintenance cost of compressors is one of the major restraints on the compressors market. The maintenance of a compressor typically includes costs for repair including any leakages, changing the filter, and oiling. For example, the cost of oil required to operate an oil-lubricated compressor is around $3,000-$6,000 per year. Similarly, the disposal of condensate generated by the compressor can cost around $50,000 per year. Therefore, the maintenance costs involved in operating compressors continue to be an important restraint restricting the growth of the compressors market. The emergence of next-gen air compressors is an important trend in the compressors market. The next-generation air compressors are highly energy-efficient and eco-friendly and emit relatively lesser carbon emissions than the traditional compressors. For example, Kirloskar Pneumatic Co Ltd in association with Top Tag Trading Est (3T Group) launched a next-generation diesel portable compressor, which offers high power efficiency at a low cost of ownership. Similarly, compressor manufacturer Atlas Copco offers the GA VSD+ compressor which reduces energy consumption by 50%. Other companies in the compressors market such as Hitachi and Ingersoll Rand are also working towards power-efficient and low-maintenance air compressors. The compressor machine manufacturers must comply with the standards set by the American Society of Mechanical Engineers (ASME) in the making and testing of compressors. One such example is the ASME Standard EA-4-2008. This standard specifically focuses on the requirements of conducting and collecting the results of a compressed air system. The standard is set to avoid any kind of discrepancy in evaluating a compressor based on its energy assessments. ASME Standard EA-4-2008 provides a detailed yet scalable process that can be molded for each compressor manufacturing facility. Hence, regulations such as these would keep a check on companies involved in manufacturing and testing compressors. MR Organisation (MRO) Limited, a global producer, supplier, and one-stop solution provider of compressed air equipment, components, and kits headquartered in India has acquired Standard Air Limited (Standard Air) for an undisclosed amount. The acquisition will offer MRO the essential growth and global reach, indicating the company's sustained success. Standard Air Limited is a UK-based compressor company. Major players in the compressors market are Atlas, Ingersoll Rand, Siemens, Ebara, ELGI Equipment Ltd., Gardner Denver, Kirloskar, Kobe Steel, Mitsubishi Heavy Industries Ltd., and Sulzer AG. The Asia-Pacific was the largest region in the compressors market in 2022. North America was the second largest region in the global compressors market. The regions covered in the global compressors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the compressors market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia. The compressor market consists of sales of rotary screw compressor, centrifugal compressors, and reciprocating compressor. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global compressors market is segmented - 1) By Type: Air, Gas 2) By Compressor Type: Positive Displacement, Centrifugal 3) By Power Rating: 0-100 kW, 101-300 kW, 301-500 kW, 500 kW Above 4) By Appication: Construction, Power, Industrial Manufacturing, HVAC-R, Chemical & Cement, Oil & Gas, Automotive, Food & Beverage, Textile