(MENAFN- Ameliorate Digital Consultancy)
The global demand for jobsite fan market will reach a valuation of US$ 765 million in 2023 and is predicted to expand at a CAGR of 5.2% to reach US$ 1.27 billion by the end of 2033. Worldwide sales of jobsite fans accounted for nearly 3% share of the global fan market at the end of 2022.
From 2018 to 2022, the global market for jobsite fans exhibited a CAGR of 3.1% , as per this detailed study by Fact.MR, a market research and competitive intelligence provider.
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Competitive Landscape
Leading market players are constantly channelizing their resources to develop jobsite fans with unique designs and more efficiency. This will pave the way for more sales of jobsite fans in several end-use industries in the years ahead. A trend has also been seen that manufacturers are focusing on the production of jobsite fans that have high working efficiency, those that consume less amount of energy, and are cost-effective. To achieve this, manufacturers are on their way to developing tailored solutions.
In 2022, Milwaukee Tool introduced a new mounting jobsite fan. This product delivers 18 V of air performance and uses only 12 V. It provides personalized air flow movement, which makes the working environment more comfortable.
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Key Companies Profiled:
DEWALT Milwaukee Tool Klein Tools, Inc. RYOBI Limited Makita Emerson Electric Co.: Ridgid Corsair Metabo X
Rising in Global Demand for Jobsite Fan
The global demand for jobsite fans is on the rise due to the increasing need for efficient cooling solutions in industrial and commercial settings. Jobsite fans are designed to provide a powerful, yet quiet, cooling solution for a variety of applications. They are typically used in construction sites, warehouses, and other industrial settings where air circulation is needed to keep workers comfortable and productive.
The demand for jobsite fans is driven by the need for efficient cooling solutions that can be used in a variety of settings. Additionally, the increasing popularity of green building practices has led to an increased demand for energy–efficient cooling solutions, such as jobsite fans. As a result, manufacturers are investing in research and development to create more efficient and cost–effective jobsite fan models.
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Key Segmentation :
By Fan Output (CFM) : Below 300 300-1,000 1,000-5,000 Above 5,000
By Mounting : Fixed / Wall-Mounted Portable
By Blade Diameter : Less than 7 Inches 7-10 Inches Above 10 Inches
By End User : Industrial Commercial Residential
Questionnaire answered in the report include:
How the industry has grown? What is the present and future outlook on the basis of region? What are the challenges and opportunities ? Why the consumption in region? In which year segment is expected to overtake segment?
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