Wan kun fan science popularization - Market Development Scale of the Fan Industry
In recent years, the engineering fan industry has not only demonstrated vigorous vitality globally but also witnessed a continuous expansion in its market size, with remarkable growth rates. Behind this remarkable achievement lies a profound reflection of the unprecedented transformation and upgrading taking place in the global energy structure. With the increasing awareness of environmental protection and the widespread consensus on sustainable development goals, the fan industry has ushered in unprecedented development opportunities, and engineering fans, as an essential component of industrial development, naturally become the key force driving this transformation process. In terms of market size, the Chinese fan industry's market size was 74.395 billion yuan in 2020, and it is projected to reach 91.136 billion yuan by 2024.
Under the impetus of the country's "dual-carbon" goals, industrial energy conservation and emission reduction, as well as green transformation, will accelerate, which will lead to an increasing demand for efficient, energy-saving, and environmentally friendly industrial fans.
For instance, there is a substantial demand for the energy-saving renovation of fans in industries with high energy consumption, such as steel and cement, which will further expand the market scale of engineering fans.
At the same time, the advancement of intelligent manufacturing has led to an increasing level of automation and intelligence in industrial production, which is expected to drive the growth of the intelligent engineering fan market.