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Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market Forecast to 2030 -Regional Analysis - by Diameter Size (Below 250mm, 251mm-400mm, 401mm-550mm, and 551mm-700mm), Application (Air Conditioners, Refrigerators, Ventilation systems, Electronic Cabinets, and Others), and Power Range (Below 0.5kW, 0.5 to 3 KW, 3.1 to 5 KW, and Above 5kW)
Market Report I 2023-08-17 I 126 Pages I The Insight Partners
The Asia Pacific AC electronically commutated (EC) centrifugal fans market is expected to grow from US$ 359.36 million in 2023 to US$ 522.28 million by 2030. It is estimated to grow at a CAGR of 5.5% from 2023 to 2030.
Surging Technological Advancements Drive Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market
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.
Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market Overview
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.
Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market Segmentation
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.
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific AC electronically commutated (EC) centrifugal fans Market, by Diameter Size
1.3.2 Asia Pacific AC electronically commutated (EC) centrifugal fans Market, by Application
1.3.3 Asia Pacific AC electronically commutated (EC) centrifugal fans Market, by Power Range
1.3.4 Asia Pacific AC electronically commutated (EC) centrifugal fans Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market Landscape
4.1 Market Overview
4.2 Asia Pacific PEST Analysis
4.2.1 Asia Pacific
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Asia Pacific AC EC (EC) Centrifugal Fans Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand of Electronically Commutated Fans
5.1.2 Increasing Inclination toward Power Savings
5.2 Market Restraints
5.2.1 Rising Use of Smart Synchronous Permanent Magnet Motors
5.3 Market Opportunities
5.3.1 Rise in Sales of Consumer Goods
5.4 Future Trends
5.4.1 Surging Technological Advancements
5.5 Impact Analysis
6. AC Electronically Commutated (EC) Centrifugal Fans- Asia Pacific Market Analysis
6.1 Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market Overview
6.2 Asia Pacific AC electronically commutated (EC) centrifugal fans Market Forecast and Analysis
7. Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market Analysis - By Diameter size
7.1 Overview
7.2 Asia Pacific AC electronically commutated (EC) centrifugal fans Market Breakdown, by Diameter size, 2022 & 2030
7.3 Below 250 mm
7.3.1 Overview
7.3.2 Below 250 mm Asia Pacific AC electronically commutated (EC) centrifugal fans Market Revenue Forecast to 2030 (US$ Mn)
7.4-400 mm
7.4.1 Overview
7.4.2-400 mm AC electronically commutated (EC) centrifugal fans Market Revenue Forecast to 2030 (US$ Mn)
7.5-550 mm
7.5.1 Overview
7.5.2-550 mm Asia Pacific AC electronically commutated (EC) centrifugal fans Market Revenue Forecast to 2030 (US$ Mn)
7.6-700 mm
7.6.1 Overview
7.6.2-700 mm Asia Pacific AC electronically commutated (EC) centrifugal fans Market Revenue Forecast to 2030 (US$ Mn)
8. Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market Analysis - By Application
8.1 Overview
8.2 Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market Breakdown, by Application, 2022 & 2030
8.3 Air Conditioners
8.3.1 Overview
8.3.2 Air Conditioners Market Revenue Forecast to 2030 (US$ Mn)
8.4 Refrigerators
8.4.1 Overview
8.4.2 Refrigerators Market, Revenue Forecast to 2030 (US$ Mn)
8.5 Ventilation Systems
8.5.1 Overview
8.5.2 Ventilation Systems Market, Revenue Forecast to 2030 (US$ Mn)
8.6 Electronic Cabinets
8.6.1 Overview
8.6.2 Electronic Cabinets Market, Revenue Forecast to 2030 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others Applications Market, Revenue Forecast to 2030 (US$ Mn)
9. Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market Analysis - By Power Range
9.1 Overview
9.2 Asia Pacific AC electronically commutated (EC) centrifugal fans Market Breakdown, by Power Range, 2022 & 2030
9.3 Below 0.5kW
9.3.1 Overview
9.3.2 Below 0.5kW Power Range Market Revenue Forecast to 2030 (US$ Mn)
9.4 0.5 to 3 KW
9.4.1 Overview
9.4.2 0.5 to 3 KW Power Range Market, Revenue Forecast to 2030 (US$ Mn)
9.5 3.1 to 5 KW
9.5.1 Overview
9.5.2 3.1 to 5 KW Power Range Market, Revenue Forecast to 2030 (US$ Mn)
9.6 Above 5kW
9.6.1 Overview
9.6.2 Above 5kW Power Range Market, Revenue Forecast to 2030 (US$ Mn)
10. Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market - Country Analysis
10.1 Overview
10.1.1 APAC: AC Electronically Commutated (EC) Centrifugal Fans Market, by Key Country
10.1.1.1 Australia: AC electronically commutated (EC) centrifugal fans Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.1.1 Australia: AC electronically commutated (EC) centrifugal fans Market, by Diameter Size
10.1.1.1.2 Australia: AC electronically commutated (EC) centrifugal fans Market, by Application
10.1.1.1.3 Australia: AC electronically commutated (EC) centrifugal fans Market, by Power Range
10.1.1.2 China: AC electronically commutated (EC) centrifugal fans Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 China: AC electronically commutated (EC) centrifugal fans Market, by Diameter Size
10.1.1.2.2 China: AC electronically commutated (EC) centrifugal fans Market, by Application
10.1.1.2.3 China: AC electronically commutated (EC) centrifugal fans Market, by Power Range
10.1.1.3 India: AC electronically commutated (EC) centrifugal fans Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 India: AC electronically commutated (EC) centrifugal fans Market, by Diameter Size
10.1.1.3.2 India: AC electronically commutated (EC) centrifugal fans Market, by Application
10.1.1.3.3 India: AC electronically commutated (EC) centrifugal fans Market, by Power Range
10.1.1.4 Japan: AC electronically commutated (EC) centrifugal fans Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 Japan: AC electronically commutated (EC) centrifugal fans Market, by Diameter Size
10.1.1.4.2 Japan: AC electronically commutated (EC) centrifugal fans Market, by Application
10.1.1.4.3 Japan: AC electronically commutated (EC) centrifugal fans Market, by Power Range
10.1.1.5 South Korea: AC electronically commutated (EC) centrifugal fans Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.5.1 South Korea: AC electronically commutated (EC) centrifugal fans Market, by Diameter Size
10.1.1.5.2 South Korea: AC electronically commutated (EC) centrifugal fans Market, by Application
10.1.1.5.3 South Korea: AC electronically commutated (EC) centrifugal fans Market, by Power Range
10.1.1.6 Rest of APAC: AC electronically commutated (EC) centrifugal fans Market - Revenue and Forecast to 2030 (US$ Million)
10.1.1.6.1 Rest of APAC: AC electronically commutated (EC) centrifugal fans Market, by Diameter Size
10.1.1.6.2 Rest of APAC: AC electronically commutated (EC) centrifugal fans Market, by Application
10.1.1.6.3 Rest of APAC: AC electronically commutated (EC) centrifugal fans Market, by Power Range
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Delta Electronics Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Ziehl-Abegg UK Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 ebm-papst
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hidria
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Oriental Motor USA Corp.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Regal Rexnord Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Rosenberg Ventilatoren GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Simx Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 PBM Motor and Fan (suzhou) Co Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Asia Pacific AC electronically commutated (EC) centrifugal fans Market, Revenue and Forecast to 2030 (US$ Mn)
Table 2. APAC AC electronically commutated (EC) centrifugal fans market is dominated by China, which accounted for 39.8% share in 2022.
Table 3. Australia: AC electronically commutated (EC) centrifugal fans Market, by Diameter Size -Revenue and Forecast to 2030 (US$ Million)
Table 4. Australia: AC electronically commutated (EC) centrifugal fans Market, by Application -Revenue and Forecast to 2030 (US$ Million)
Table 5. Australia: AC electronically commutated (EC) centrifugal fans Market, by Power Range -Revenue and Forecast to 2030 (US$ Million)
Table 6. China: AC electronically commutated (EC) centrifugal fans Market, by Diameter Size -Revenue and Forecast to 2030 (US$ Million)
Table 7. China: AC electronically commutated (EC) centrifugal fans Market, by Application -Revenue and Forecast to 2030 (US$ Million)
Table 8. China: AC electronically commutated (EC) centrifugal fans Market, by Power Range -Revenue and Forecast to 2030 (US$ Million)
Table 9. India: AC electronically commutated (EC) centrifugal fans Market, by Diameter Size -Revenue and Forecast to 2030 (US$ Million)
Table 10. India: AC electronically commutated (EC) centrifugal fans Market, by Application -Revenue and Forecast to 2030 (US$ Million)
Table 11. India: AC electronically commutated (EC) centrifugal fans Market, by Power Range -Revenue and Forecast to 2030 (US$ Million)
Table 12. Japan: AC electronically commutated (EC) centrifugal fans Market, by Diameter Size -Revenue and Forecast to 2030 (US$ Million)
Table 13. Japan: AC electronically commutated (EC) centrifugal fans Market, by Application -Revenue and Forecast to 2030 (US$ Million)
Table 14. Japan: AC electronically commutated (EC) centrifugal fans Market, by Power Range -Revenue and Forecast to 2030 (US$ Million)
Table 15. South Korea: AC electronically commutated (EC) centrifugal fans Market, by Diameter Size -Revenue and Forecast to 2030 (US$ Million)
Table 16. South Korea: AC electronically commutated (EC) centrifugal fans Market, by Application -Revenue and Forecast to 2030 (US$ Million)
Table 17. South Korea: AC electronically commutated (EC) centrifugal fans Market, by Power Range -Revenue and Forecast to 2030 (US$ Million)
Table 18. Rest of APAC: AC electronically commutated (EC) centrifugal fans Market, by Diameter Size -Revenue and Forecast to 2030 (US$ Million)
Table 19. Rest of APAC: AC electronically commutated (EC) centrifugal fans Market, by Application -Revenue and Forecast to 2030 (US$ Million)
Table 20. Rest of APAC: AC electronically commutated (EC) centrifugal fans Market, by Power Range -Revenue and Forecast to 2030 (US$ Million)
Table 21. Glossary of terms, Asia Pacific AC electronically commutated (EC) centrifugal fans Market
LIST OF FIGURES
Figure 1. Asia Pacific AC electronically commutated (EC) centrifugal fans Market Segmentation
Figure 2. Segmentation of Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market
Figure 3. Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market Overview
Figure 4.mm-400mm Segment Held the Largest Market Share Based on Diameter Size
Figure 5. Air Conditioners Segment Held the Largest Market Share Based on Application
Figure 6. Above 5KW Segment Held the Largest Market Share Based on Power Range
Figure 8. China Held the Largest Market Share
Figure 9. Ecosystem Analysis
Figure 10. Impact Analysis of Drivers and Restraints
Figure 11. Asia Pacific AC electronically commutated (EC) centrifugal fans Market Breakdown, by Diameter size, Value, 2022 & 2030 (%)
Figure 12. Below 250 mm Asia Pacific AC electronically commutated (EC) centrifugal fans Market, Revenue Forecast, 2020-2030 (US$ Mn)
Figure 13. Diameter 251-400 mm Asia Pacific AC electronically commutated (EC) centrifugal fans Market, Revenue Forecast, 2020-2030 (US$ Mn)
Figure 14.-550 mm Asia Pacific AC electronically commutated (EC) centrifugal fans Market, Revenue Forecast, 2020-2030 (US$ Mn)
Figure 15.-700 mm Asia Pacific AC electronically commutated (EC) centrifugal fans Market, Revenue Forecast, 2020-2030 (US$ Mn)
Figure 16. Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market Breakdown, by Application, Value, 2022 & 2030 (%)
Figure 17. Air Conditioners Market, Revenue Forecast, 2020-2030 (US$ Mn)
Figure 18. Refrigerators Market Revenue Forecast to 2030 (US$ Mn)
Figure 19. Ventilation Systems Market Revenue Forecast to 2030 (US$ Mn)
Figure 20. Electronic Cabinets Market Revenue Forecast to 2030 (US$ Mn)
Figure 21. Others Application Market Revenue Forecast to 2030 (US$ Mn)
Figure 22. Asia Pacific AC electronically commutated (EC) centrifugal fans Market Breakdown, by Power Range, Value, 2022 & 2030 (%)
Figure 23. Below 0.5kW Power Range Market, Revenue Forecast, 2020-2030 (US$ Mn)
Figure 24. 0.5 to 3 KW Power Range Market Revenue Forecast to 2030 (US$ Mn)
Figure 25. 3.1 to 5 KW Power Range Market Revenue Forecast to 2030 (US$ Mn)
Figure 26. Above 5kW Power Range Market Revenue Forecast to 2030 (US$ Mn)
Figure 27. APAC: AC Electronically Commutated (EC) Centrifugal Fans Market, By Key Country- Revenue (2022) (US$ Million)
Figure 28. APAC: AC Electronically Commutated (EC) Centrifugal Fans Market Revenue Share, By Key Country (2022 and 2030)
Figure 29. Australia: AC electronically commutated (EC) centrifugal fans Market - Revenue and Forecast to 2030 (US$ Million)
Figure 30. China: AC electronically commutated (EC) centrifugal fans Market - Revenue and Forecast to 2030 (US$ Million)
Figure 31. India: AC electronically commutated (EC) centrifugal fans Market - Revenue and Forecast to 2030 (US$ Million)
Figure 32. Japan: AC electronically commutated (EC) centrifugal fans Market - Revenue and Forecast to 2030 (US$ Million)
Figure 33. South Korea: AC electronically commutated (EC) centrifugal fans Market - Revenue and Forecast to 2030 (US$ Million)
Figure 34. Rest of APAC: AC electronically commutated (EC) centrifugal fans Market - Revenue and Forecast to 2030 (US$ Million)
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