Market Potential for Centrifugal Cabinet Fans
Centrifugal cabinet fan manufacturers have benefited from energy-saving reforms in the past, with production capacity over the next three years expected to replace a total market value of 2.16 billion yuan.
Over 95% of revenue from large-scale centrifugal cabinet fans in China originates from four major industries: steel, cement, thermal power generation, and petrochemicals.
Although industries like steel and cement face overcapacity, new capacity construction is slowing.
However, with China's large-scale industrial restructuring, the ongoing energy-saving transformation—including the shift from small to large centrifugal cabinet fans, energy conservation and consumption reduction, and industrial environmental protection—will increase demand for centrifugal cabinet fans.
According to the "Notice on Further Strengthening the Elimination of Outdated Production Capacity," 100 million tons of outdated production capacity in steel, cement, and thermal power generation must be shut down within 2-3 years.
Preliminary estimates indicate that the large-scale capacity replacement in downstream industries will expand the market potential for large centrifugal cabinet fans. The primary competitive advantage of 2.16 billion yuan lies in the "three-performance model" of R&D capability + superior energy efficiency + service.
