| Product Code: ETC5183540 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for fans and blowers in 2024 experienced a decline of -23.67% compared to the previous year, with a Compound Annual Growth Rate (CAGR) of 20.94% from 2020 to 2024. This significant drop in import momentum may be attributed to shifts in demand or changes in the trade policy affecting the market stability.
By 2027, Armenia's Fans And Blowers market is forecasted to achieve a high growth rate of 14.88%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Fans And Blowers Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Fans And Blowers Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Fans And Blowers Market - Industry Life Cycle |
3.4 Armenia Fans And Blowers Market - Porter's Five Forces |
3.5 Armenia Fans And Blowers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Fans And Blowers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Armenia Fans And Blowers Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Armenia Fans And Blowers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient fans and blowers in Armenia |
4.2.2 Growth in industrial and manufacturing sectors leading to higher demand for fans and blowers |
4.2.3 Technological advancements improving the performance and efficiency of fans and blowers |
4.3 Market Restraints |
4.3.1 High initial investment required for premium quality fans and blowers |
4.3.2 Limited awareness and adoption of energy-efficient fans and blowers among end-users in Armenia |
4.3.3 Impact of economic fluctuations on the purchasing power of businesses and consumers |
5 Armenia Fans And Blowers Market Trends |
6 Armenia Fans And Blowers Market Segmentations |
6.1 Armenia Fans And Blowers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Fans And Blowers Market Revenues & Volume, By Centrifugal Fans and Blowers, 2021-2031F |
6.1.3 Armenia Fans And Blowers Market Revenues & Volume, By Axial Fans and Blowers, 2021-2031F |
6.1.4 Armenia Fans And Blowers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Armenia Fans And Blowers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Fans And Blowers Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 Armenia Fans And Blowers Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Armenia Fans And Blowers Market Revenues & Volume, By Others, 2021-2031F |
6.3 Armenia Fans And Blowers Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Armenia Fans And Blowers Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Armenia Fans And Blowers Market Revenues & Volume, By Offline, 2021-2031F |
7 Armenia Fans And Blowers Market Import-Export Trade Statistics |
7.1 Armenia Fans And Blowers Market Export to Major Countries |
7.2 Armenia Fans And Blowers Market Imports from Major Countries |
8 Armenia Fans And Blowers Market Key Performance Indicators |
8.1 Energy efficiency rating of fans and blowers in the market |
8.2 Adoption rate of energy-efficient fans and blowers in different industries |
8.3 Number of new technological innovations introduced in the fans and blowers market |
8.4 Average age of fans and blowers in operation |
8.5 Percentage of businesses implementing energy-saving measures using fans and blowers |
9 Armenia Fans And Blowers Market - Opportunity Assessment |
9.1 Armenia Fans And Blowers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Fans And Blowers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Armenia Fans And Blowers Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Armenia Fans And Blowers Market - Competitive Landscape |
10.1 Armenia Fans And Blowers Market Revenue Share, By Companies, 2024 |
10.2 Armenia Fans And Blowers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |