Report : Middle East & Africa AC Electronically Commutated (EC) Centrifugal Fans Market Forecast to 2030 - COVID-19 Impact and 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)
At 4.0% CAGR, the Middle East & Africa AC Electronically Commutated (EC) Centrifugal Fans Market is speculated to be worth US$ 200.34 million by 2030, says Business Market Insights
According to Business Market Insights research, the Middle East & Africa AC electronically commutated (EC) centrifugal fans market was valued at US$ 152.10 million in 2023 and is expected to reach US$ 200.34 million by 2030, registering a CAGR of 4.0% from 2023 to 2030. Surging technological advancements and rise in sales of consumer goods are the critical factors attributed to the Middle East & Africa AC electronically commutated (EC) centrifugal fans market expansion.
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 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.
On the contrary, rising use of smart synchronous permanent magnet motors hurdles the growth of Middle East & Africa AC electronically commutated (EC) centrifugal fans market.
Based on diameter size, the Middle East & Africa AC electronically commutated (EC) centrifugal fans market is segmented into Below 250mm, 251mm-400mm, 401mm-550mm, and 551mm-700mm. The 251mm-400mm segment held 35.8% share of Middle East & Africa AC electronically commutated (EC) centrifugal fans market in 2023, amassing US$ 54.41 million. It is projected to garner US$ 72.05 million by 2030 to expand at 4.1% CAGR during 2023–2030.
Based on application, the Middle East & Africa AC electronically commutated (EC) centrifugal fans market is segmented into air conditioners, refrigerators, ventilation systems, electronic cabinets, and others. The air conditioners segment held 38.3% share of Middle East & Africa AC electronically commutated (EC) centrifugal fans market in 2023, amassing US$ 58.32 million. It is projected to garner US$ 80.30 million by 2030 to expand at 4.7% CAGR during 2023–2030.
Based on power range, the Middle East & Africa AC electronically commutated (EC) centrifugal fans market is below 0.5kW, 0.5 to 3 KW, 3.1 to 5 KW, and above 5kW. The above 5kW segment held 36.9% share of Middle East & Africa AC electronically commutated (EC) centrifugal fans market in 2023, amassing US$ 56.13 million. It is projected to garner US$ 77.17 million by 2030 to expand at 4.7% CAGR during 2023–2030.
Based on country, the Middle East & Africa AC electronically commutated (EC) centrifugal fans market is segmented into South Africa, the UAE, Saudi Arabia, and the Rest of Middle East & Africa. Our regional analysis states that South Africa captured 36.4% share of Middle East & Africa AC electronically commutated (EC) centrifugal fans market in 2023. It was assessed at US$ 55.40 million in 2023 and is likely to hit US$ 74.60 million by 2030, exhibiting a CAGR of 4.3% during the forecast period.
Key players profiles in the Middle East & Africa AC electronically commutated (EC) centrifugal fans market report Delta Electronics Inc; ebm-papst; Regal Rexnord Corp; Rosenberg Ventilatoren GmbH; and Ziehl-Abegg UK Ltd, among others.
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