Large Cooling Fan Market Report 2026

The large cooling fan market size has grown rapidly in recent years. It will grow from $8.36 billion in 2025 to $9.44 billion in 2026 at a compound annual growth rate (CAGR) of 13%. The growth in the historic period can be attributed to expansion of industrial facilities, growth in mining and marine operations, demand for equipment cooling, increase in automotive production, infrastructure development.

The large cooling fan market size is expected to see rapid growth in the next few years. It will grow to $15.78 billion in 2030 at a compound annual growth rate (CAGR) of 13.7%. The growth in the forecast period can be attributed to industrial automation expansion, growth of data centers, demand for smart ventilation systems, investments in sustainable buildings, rising energy efficiency regulations. Major trends in the forecast period include adoption of energy-efficient ventilation systems, rising demand for industrial cooling solutions, integration of smart fan controls, growth in large infrastructure projects, focus on noise reduction technologies.

Rising demand for Internet of Things (IoT) devices is expected to propel the growth of the large cooling fan market going forward. IoT devices are physical objects embedded with sensors, software, and connectivity features, allowing them to collect and exchange data over the Internet, enabling remote monitoring, control, and automation for enhanced functionality and efficiency. IoT devices enhance large cooling fans by enabling remote control, real-time monitoring, and automated adjustments for optimal energy efficiency. For instance, in December 2024, according to Ericsson, a Sweden-based telecommunications and networking technology company, the global volume of IoT connections is expected to approach 4 billion by year-end 2024, reflecting continued expansion in connected device adoption. Therefore, rising demand for IoT devices is driving the large cooling fan market.

Major companies operating in the large cooling fan market are increasing their focus on introducing IoT-enabled fans, such as Cloud 3, to gain a competitive edge. The Cloud 3 fan is a smart cooling fan equipped with IoT capabilities, offering features such as voice control, adjustable LED lighting, and energy-efficient operations. For instance, in July 2023, Orient Electric, an India-based home appliance company, launched the Cloud 3 fan, which uses innovative Cloudchill technology to create a unique cooling experience. This pedestal fan uses water to produce nanoparticles that are then dispersed into the air to lower room temperature significantly. The Cloud 3 fan is designed to reduce temperatures by up to 12-18 °C, and even up to 20 °C when ice is added to the water reservoir.

In October 2023, PX3 Partners, a private equity firm based in the UK, acquired Cofimco from Hart Industries, Inc. for $80 million. This acquisition aims to establish Cofimco as an independent entity, focusing on driving growth through global expansion and innovation. PX3 plans to utilize its extensive network to enhance Cofimco's market presence and explore opportunities in clean technologies, such as carbon capture. Cofimco is an Italy-based manufacturer specializing in large cooling fans.

Major companies operating in the large cooling fan market are ebm-papst Group, Ziehl-Abegg SE, Horton Holding GmbH & Co. KG, Multi-Wing America Inc., Delta Electronics Inc., Rosenberg Ventilatoren GmbH, Ventech Systems Ltd., Teral-Aerotech Fans Pvt. Ltd., Airtech Blower Industries Pvt. Ltd., Howden Group Plc., Smd Engineering Equipments & Systems Ltd., Kilburn Engineering Ltd., Revcor Airflow Solutions, Halifax Fan Ltd., CUI Devices Inc., Airmaster Fan Company Ltd., Big Ass Fans Inc., Penn Fan Company Inc., Twin City Fan Companies Ltd., Patterson Fan Company Inc., Air Control Industries Ltd., Hunter Industrial Fans Inc., Greenheck Fan Corporation, Loren Cook Company, Continental Fan Manufacturing Inc., AirPro Fan & Blower Company Inc., Schaefer Ventilation Equipment Inc., Canarm Ltd., Cincinnati Fan Company, Air King Limited, AirMax Fans Inc., AirVolution-D, Air Comfort Corporation.

Asia-Pacific was the largest region in the large cooling fan market share in 2025. The regions covered in the large cooling fan market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the large cooling fan market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The large cooling fan market consists of sales of large cooling fans including blowers and cross-flow 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.

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