Market Overview:
The global EC fans for cooling market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient EC fans for cooling applications, especially in transportation, ICT, refrigeration, medical and power sectors. In terms of type, the 500 mm segments during the forecast period. The growth in this segment can be attributed to the increasing demand from small and medium enterprises (SMEs) for low-cost EC fans with high performance.
Product Definition:
Extra-low voltage (EC) fans are electrical motors that use less than 48 volts of electricity, making them an ideal choice for cooling sensitive electronics. EC fans typically run quieter and cooler than traditional AC motors, making them a popular choice in data centers, telecommunications equipment, and other applications where noise levels need to be kept to a minimum.
150-500 mm:
150-500 mm is a standard length for the EC (electric cooling) fan. It is used to calculate the required number of fans needed to move the air in a particular direction. The formula uses 150-500 mm as base, and then adds or subtracts depending on whether it's an exhaust or intake system.
Application Insights:
The global EC fans for cooling market, by application, is segmented into transportation, information and communication technology (ICT), refrigeration, medical equipment and other applications. The refrigeration application segment is expected to witness the highest CAGR over the forecast period owing to an increase in demand for frozen food products across various regions. Furthermore, growth of the food processing industry coupled with a rise in disposable income levels in developing countries will drive demand for air conditioning systems during the forecast period.
The transportation sector accounted for more than 30% of total market share in 2017 on account of high usage rates of EC fans resulting in improved vehicle efficiency. In addition to that increasing fuel prices have compelled automobile manufacturers across various regions including Asia Pacific and North America to integrate air conditioners into their vehicles as an economical option over other cooling technologies such as water or ice which further drives product adoption globally.
Regional Analysis:
Europe dominated the global market in 2017 owing to early adoption of technologies and increased focus on energy efficiency. The region is expected to witness moderate growth over the forecast period, which can be attributed to increasing awareness regarding energy conservation.
Asia Pacific is projected to register a high CAGR over the forecast period due to rapid industrialization and urbanization resulting in an increase in demand for cooling equipment across various end-use industries such as transportation, ICT, power, etc. China led Asia Pacific market with largest production capacity followed by Japan and South Korea. Growing manufacturing sector coupled with government support for infrastructure development is anticipated fuel regional growth during the forecast years.
The Middle East & Africa region has huge potential for EC fan installation Cooling equipment plays a major role in maintaining proper operating temperature of electronic components especially laptops/computers which are very popular among consumers; hence driving demand from end-user segments such as transportation & logistics (truck fleet), refrigeration (food & beverages).
Growth Factors:
- Increasing demand for energy-efficient cooling solutions in data centers and other commercial applications
- Growing popularity of EC fans for cooling in Asia Pacific due to rising awareness about the benefits of using these fans over traditional AC fans
- Proliferation of Internet of Things (IoT) and big data analytics, which are driving the need for more powerful and efficient data center infrastructure
- Rising demand from automotive sector for EC fans with higher power density to meet stringent fuel efficiency norms
- Development of next-generation materials that can improve the performance and efficiency of EC fans
Scope Of The Report
Report Attributes
Report Details
Report Title
EC Fans for Cooling Market Research Report
By Type
<150 mm, 150-500 mm, >500 mm
By Application
Transportation, ICT, Refrigeration, Medical, Power, Others
By Companies
Delta Fan, Ebmpapst, Sanyo Denki, SPAL Automotive Srl, NMB Technologies, Yen Sun Technology Corporation, Sunon, Panasonic, Nidec Corporation, Huaxia Hengtai, ADDA Corporation, SHYUAN YA, Qualtek
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global EC Fans for Cooling Market Report Segments:
The global EC Fans for Cooling market is segmented on the basis of:
Types
<150 mm, 150-500 mm, >500 mm
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation, ICT, Refrigeration, Medical, Power, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Delta Fan
- Ebmpapst
- Sanyo Denki
- SPAL Automotive Srl
- NMB Technologies
- Yen Sun Technology Corporation
- Sunon
- Panasonic
- Nidec Corporation
- Huaxia Hengtai
- ADDA Corporation
- SHYUAN YA
- Qualtek
Highlights of The EC Fans for Cooling Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- <150 mm
- 150-500 mm
- >500 mm
- By Application:
- Transportation
- ICT
- Refrigeration
- Medical
- Power
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the EC Fans for Cooling Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
EC fans are used to cool electronic equipment.
Some of the major players in the ec fans for cooling market are Delta Fan, Ebmpapst, Sanyo Denki, SPAL Automotive Srl, NMB Technologies, Yen Sun Technology Corporation, Sunon, Panasonic, Nidec Corporation, Huaxia Hengtai, ADDA Corporation, SHYUAN YA, Qualtek.
The ec fans for cooling market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 EC Fans for Cooling Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 EC Fans for Cooling Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 EC Fans for Cooling Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the EC Fans for Cooling Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global EC Fans for Cooling Market Size & Forecast, 2020-2028
4.5.1 EC Fans for Cooling Market Size and Y-o-Y Growth
4.5.2 EC Fans for Cooling Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 <150 mm
5.2.2 150-500 mm
5.2.3 >500 mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 ICT
6.2.3 Refrigeration
6.2.4 Medical
6.2.5 Power
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global EC Fans for Cooling Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 EC Fans for Cooling Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 <150 mm
9.6.2 150-500 mm
9.6.3 >500 mm
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 ICT
9.10.3 Refrigeration
9.10.4 Medical
9.10.5 Power
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 <150 mm
10.6.2 150-500 mm
10.6.3 >500 mm
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 ICT
10.10.3 Refrigeration
10.10.4 Medical
10.10.5 Power
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 <150 mm
11.6.2 150-500 mm
11.6.3 >500 mm
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 ICT
11.10.3 Refrigeration
11.10.4 Medical
11.10.5 Power
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 <150 mm
12.6.2 150-500 mm
12.6.3 >500 mm
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 ICT
12.10.3 Refrigeration
12.10.4 Medical
12.10.5 Power
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 <150 mm
13.6.2 150-500 mm
13.6.3 >500 mm
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 ICT
13.10.3 Refrigeration
13.10.4 Medical
13.10.5 Power
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 EC Fans for Cooling Market: Competitive Dashboard
14.2 Global EC Fans for Cooling Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Delta Fan
14.3.2 Ebmpapst
14.3.3 Sanyo Denki
14.3.4 SPAL Automotive Srl
14.3.5 NMB Technologies
14.3.6 Yen Sun Technology Corporation
14.3.7 Sunon
14.3.8 Panasonic
14.3.9 Nidec Corporation
14.3.10 Huaxia Hengtai
14.3.11 ADDA Corporation
14.3.12 SHYUAN YA
14.3.13 Qualtek
