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Electronically Commutated (EC) Fans Market (Type - Centrifugal Fan, Axial Fan, Mixed Flow Fans, and Cross Flow Fans; Voltage - Below 110 VAC, 110 VAC- 210 VAC, and Above 210 VAC; Application - Marine Industry, Food Processing & Manufacturing Industry, Automotive Industry, IT & Telecom Industry, HVAC, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

  • Published : November, 2021

  • Rep Id : ICT003025

  • Category : Electronics, ICT and Semiconductors

  • Status : Published

A recent report ongoing study by Infinium Global Research on electronically commutated (EC) fans market provides in-depth analysis of segments and sub-segments in the global as well as regional electronically commutated (EC) fans market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional electronically commutated (EC) fans market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global electronically commutated (EC) fans market. According to the report, the global electronically commutated (EC) fans market is projected to grow at a healthy CAGR  over the forecast period of 2021-2027.


Electronically Commutated (EC) Fans Market

 

Market Insight

Electronically commutated fans belong to the foremost group of equipment by electricity consumption. The built-in electronic control system of EC fans changes the rotor speed in proportion to the required airflow. Therefore, EC fans consume considerably less power compared to traditional models for the same airflow. The energy efficiency in the EC fans engine is also much higher compared to induction motors.

 

The rise in the demand for smart buildings and smart homes drives the market growth. Due to the rising environmental concerns, consumers are inclining towards green energy and eco-friendly construction activities. EC fans are also a well suggested upgrade for air handling units and they can achieve a more uniform temperature distribution with their speed control. They continuously run at partial speed in many cases and still provide a decrease in utility bills. Continuous circulation of EC fans provides even distribution of fresh air and temperatures which helps to promote better circulation, comfort, and health. However, small EC fans with fractional HP motors are expensive that hinders the market growth. Moreover, the launch of production bases in developing countries further helps in expanding the market which creates growth opportunities for the market players. The demand for garage equipment has been severely affected by the spread of the COVID-19 pandemic. EC fans manufacturers are facing production stoppages, due to supply chain disruption, cost escalation, and workforce dislocation.

 

Geographically, the electronically commutated (EC) fans market is dominated by the Asia Pacific region and it is expected to expand at a fast-paced CAGR over the forecasted period. The Asia Pacific region is the manufacturing hub for consumer goods and electronics and has a market of approximately 1.2 billion households. Various industries across the globe are shifting their manufacturing facilities to the Asia Pacific region due to which the market in this region is anticipated to witness the fastest growth rate during the forecast period. China is the largest market in the region for electronically commutated fans.

 

Segment Covered

The report on global electronically commutated (EC) fans market covers segments such as type, voltage, and application. On the basis of type, the sub-markets include centrifugal fan, axial fan, mixed flow fans, and cross flow fans. On the basis of voltage, the sub-markets include below 110 VAC, 110 VAC- 210 VAC, and above 210 VAC. On the basis of application, the sub-markets include the marine industry, food processing & manufacturing industry, automotive industry, IT & Telecom Industry, HVAC, and others.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Continental Fan, Delta Electronics, Inc., Airtècnics, Ebm-papst, Epec LLC., Heko Electronic (Suzhou) Co., Ltd., ECOFIT, Hidria, Orion Fans, and Rosenberg Ventilatoren GmbH.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the electronically commutated (EC) fans market. Moreover, the study highlights current market trends and provides forecast from 2021-2027. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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