
Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market
No. of Pages: 126 | Report Code: TIPRE00021094 | Category: Electronics and Semiconductor
No. of Pages: 126 | Report Code: TIPRE00021094 | Category: Electronics and Semiconductor
Most electronic companies are replacing their existing fans with EC fans because of their controllability, efficiency, and cost-saving characteristics. AC motors were widely used as the principal air driving force in HVAC applications, continually running at full power; however, now EC fans are preferred. Moreover, EC technology has gained popularity and replaced AC motor technology in various air movement applications. Due to the substantial energy efficiency improvement in motor technology that EC offers, many OEM product designers prefer it as the new standard motor to employ. The expansion of infrastructural facilities, growth of businesses in developing regions, need for electric vehicles due to environmental concerns, rise in consumer goods sales, and rapid growth in robotics are creating significant opportunities for the growth of the Asia Pacific AC electronically commutated (EC) centrifugal fans market. Moreover, the rise of connectivity and the Internet of Things (IoT) has significantly impacted the market. Fans systems can now be integrated into larger building management systems, allowing for centralized control, remote monitoring, and predictive maintenance. Connected centrifugal fans can communicate data such as fan speed, power consumption, and operating status, enabling users to optimize performance, troubleshoot issues, and make informed decisions. IoT integration provides enhanced efficiency, reliability, and ease of management for fan systems. Hence, technological advancements in AC EC centrifugal fans are leading to significant trends in the market.
The Asia Pacific AC electronically commutated (EC) centrifugal fans market in APAC comprises economies such as China and India. These countries are witnessing an upsurge in the middle-class population and rising urbanization, offering ample opportunities to the key players in the centrifugal fans market. Rapid technological advancements, policy support, economic digitization, and the middle-income class community’s growing disposable income support the economy’s transition from the emerging to the developed phase. Further, APAC is the world’s biggest consumer and machinery producer. Asian countries such as Malaysia, Indonesia, and Thailand have introduced distinct 4.0 roadmaps to organize and lead respective economic agendas set by these countries. Moreover, industrial transformation in APAC strengthens the position of such countries and establishes them as major manufacturing hubs owing to the growing acceptance of advanced technologies to improve competitiveness. China and Japan are the hubs of AC EC centrifugal fans manufacturing in APAC. Also, India has emerged as a manufacturing hub. The ‘Make in India’ campaign places India on the world map as a manufacturing center and globally recognizes its economy. India’s manufacturing sector has the potential to cross US$ 1 trillion by 2025 according to the Indian Brand Equity Foundation, Thus, the aforementioned factors are anticipated to propel the AC EC centrifugal fans market growth in APAC in the coming years.
Strategic insights for the Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Strategic Insights
Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Report Scope
Report Attribute
Details
Market size in 2023
US$ 359.36 Million
Market Size by 2030
US$ 522.28 Million
Global CAGR (2023 - 2030)
5.5%
Historical Data
2021-2022
Forecast period
2024-2030
Segments Covered
By Diameter Size
By Application
By Power Range
Regions and Countries Covered
Asia-Pacific
Market leaders and key company profiles
Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Regional Insights
The Asia Pacific AC electronically commutated (EC) centrifugal fans market is segmented into diameter size, application, power range, and country.
Based on diameter size, the Asia Pacific AC electronically commutated (EC) centrifugal fans market is segmented into Below 250mm, 251mm-400mm, 401mm-550mm, and 551mm-700mm. In 2023, the 251mm-400mm segment registered a largest share in the Asia Pacific AC electronically commutated (EC) centrifugal fans market.
Based on application, the Asia Pacific AC electronically commutated (EC) centrifugal fans market is segmented into air conditioners, refrigerators, ventilation systems, electronic cabinets, and others. In 2023, the air conditioners segment registered a largest share in the Asia Pacific AC electronically commutated (EC) centrifugal fans market.
Based on power range, the Asia Pacific AC electronically commutated (EC) centrifugal fans market is below 0.5kW, 0.5 to 3 KW, 3.1 to 5 KW, and above 5kW. In 2023, the above 5kW segment registered a largest share in the Asia Pacific AC electronically commutated (EC) Above 5kW.
Based on country, the Asia Pacific AC electronically commutated (EC) centrifugal fans market is segmented into China, South Korea, Japan, Australia, India, and the Rest of Asia Pacific. In 2023, China segment registered a largest share in the Asia Pacific AC electronically commutated (EC) centrifugal fans market.
Delta Electronics Inc; ebm-papst; Hidria; Oriental Motor USA Corp.; PBM Motor and Fan (suzhou) Co Ltd; Regal Rexnord Corp; Rosenberg Ventilatoren GmbH; Simx Ltd; and Ziehl-Abegg UK Ltd are the leading companies operating in the Asia Pacific AC electronically commutated (EC) centrifugal fans market.
The Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market is valued at US$ 359.36 Million in 2023, it is projected to reach US$ 522.28 Million by 2030.
As per our report Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market, the market size is valued at US$ 359.36 Million in 2023, projecting it to reach US$ 522.28 Million by 2030. This translates to a CAGR of approximately 5.5% during the forecast period.
The Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market report:
The Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market value chain can benefit from the information contained in a comprehensive market report.