Market Overview:
The global EC fans market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient products and rising awareness about the benefits of using EC fans.
Product Definition:
The term EC Fan is an abbreviation for “Electronic Controller” fan. An EC fan is a type of electric motor that has been specifically designed to be used in fans and pumps.
-Higher Efficiency – due to the use of electronic controls, EC fans can achieve much higher efficiencies than AC motors. This means that they can convert more of the electrical energy into mechanical power, making them more efficient and reducing energy costs.
-High Dynamic Range – EC fans can vary their speed very rapidly in response to changes in demand, allowing them to provide better control over the output power and noise levels.
-Low Noise Levels – by varying their speed rapidly, EC fans are able to produce less noise than traditional AC motors.
-Longer Life Span – as electronic controllers are used instead of mechanical components like gears and brushes, there is less wear.
The global EC fans market size was valued at USD 2.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for energy-efficient cooling solutions is one of the key factors driving industry growth globally.
150-500 mm:
150-500 mm is a range of fans that are used in electric air conditioners and other such equipment. The key features of 150-500 mm fans include high capacity, low noise operation, and the ability to deliver high airflow at low speed.
The market for 150-500 mm products has been growing over the past few years owing to their use in various applications including industrial, automotive & transportation, aerospace & defense among others.
Application Insights:
The global EC fans market has been segmented on the basis of application into transportation, information and communication technology (ICT), refrigeration, medical, power and others. The ICT segment is anticipated to dominate the overall industry over the forecast period owing to increasing demand for high-performance cooling equipment in data centers and other IT infrastructure.
Refrigeration is expected to be one of the fastest-growing segments during the forecast period due to rapid industrialization developing countries such as India and China which results in increased demand for efficient HVAC systems. In addition, refrigerants such as R134a are being replaced by hydrocarbons owing to their better environmental credentials; this trend is likely drive growth further.
Regional Analysis:
Europe dominated the global market in 2017 owing to the presence of major industry participants, technological advancements, and government initiatives. The region is expected to continue its dominance over the forecast period due to factors such as increasing adoption of energy-efficient technologies and stringent regulations regarding carbon emissions.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid industrialization along with supportive government policies in countries such as China, India, Indonesia, Malaysia & Thailand. In addition, rising population coupled with growing disposable income will drive demand for fan products over this period. Furthermore fans are used for cooling down data centers which contributes towards revenue from ICT sector; hence it will boost regional growth over the next eight years.
Growth Factors:
- Increasing demand for energy-efficient appliances: The global market for energy-efficient appliances is expected to grow at a CAGR of more than 9% from 2016 to 2020. This is primarily due to the increasing awareness about the benefits of using energy-efficient appliances, such as EC fans.
- Rising demand from developing countries: The growth in the construction and automotive industries in developing countries is driving the demand for EC fans. In addition, these countries are also investing in renewable energy sources, which is further fueling the growth of the EC fan market.
- Growing popularity of smart homes: The popularity of smart homes is increasing rapidly across the globe due to their ability to save time and money by automating various tasks such as lighting, heating, and cooling systems. This is resulting in an increase in demand for EC fans that can be integrated with home automation systems.
- Technological advancements: With technological advancements taking place at a rapid pace, manufacturers are coming up with new and innovative products that are more efficient and have longer lifespans than traditional fans motors . This is helping fuelthe growthofECfansmarket . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
EC Fans 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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global EC Fans Market Report Segments:
The global EC Fans 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 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 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 a type of computer fan that uses electricity to create airflow.
Some of the major companies in the ec fans 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 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 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 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 EC Fans 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 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 Market Size & Forecast, 2020-2028
4.5.1 EC Fans Market Size and Y-o-Y Growth
4.5.2 EC Fans 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 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 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 Market: Competitive Dashboard
14.2 Global EC Fans 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
