Report : North America AC Electronically Commutated (EC) Centrifugal Fans Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Diameter Size (Below 250mm, 251mm–400mm, 401mm–550mm, and 551mm–700mm) and Application (Air Conditioners, Refrigerators, Ventilation systems, Electronic Cabinets, and Others)

According to a new market research study on “North America AC Electronically Commutated (EC) Centrifugal Fans Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Application, by Diameter size, and Country,” is expected to reach US$ 362.77Mn by 2027 from US$ 274.45 Mn in 2019. The market is estimated to grow at a CAGR of 4.4% from 2020 to 2027. The report provides trends prevailing in the North America AC electronically commutated (EC) centrifugal fans market along with the drivers and restraints pertaining to the market growth. Growing demand of Electronically commuted fans are the major factor driving the growth of the North America AC electronically commutated (EC) centrifugal fans market. However, rising use of smart synchronous permanent magnet motors hinder the growth of the North America AC electronically commutated (EC) centrifugal fans market.

The market for North America AC electronically commutated (EC) centrifugal fans is segmented into by application, by diameter size, and country. Based on application type, the market is segmented into air conditioners, refrigerators, ventilation systems, electronic cabinets and others. In 2019, Air Conditioners the segment held the largest share North America AC electronically commutated (EC) centrifugal fans market. Based on diameter type, the market is segmented into Below 250mm, 251mm-400mm, 401mm-550mm, 551mm-700mm. In 2019, the segment 251mm-400mm held the largest share North America AC electronically commutated (EC) centrifugal fans market.

 

Delta Electronics, Rosenberg VentilatorenGmbH., ZIEHL-ABEGG, Ebm-Papst, Hidria, Regal Beloit Corporation,Continental Fan Manufacturing Inc are among the leading companies in the North America AC electronically commutated (EC) centrifugal fans market.. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Emerson Ebm-Papst has developed the tried-and-tested series of RadiCal centrifugal fan.

North America is one of the most important regions for the adoption and growth of new technologies owing to favorable government policies to boost innovation and strengthen the infrastructure capabilities. Hence, any impact on the growth of industries is expected to affect the economic growth of the region in a negative manner. Due to the shutdown of businesses and delay in procurement activities in the last six months of 2020, the market is significantly impacted. Moreover, due to the falling GDP, the market will have negative impact on the growth rate of AC Electronically Commutated (EC) Centrifugal Fans market. The COVID-19 crisis has drastically upended operations across the value chain, from supplier networks to the customer in manufacturing sector. The region has presence of several electronic component manufacturers, who cater advanced and innovative components for manufacturing AC Electronically Commutated (EC) Centrifugal Fans. Also, the region is equipped with several companies that offer complete AC Electronically Commutated (EC) Centrifugal Fans for the enterprises. The COVID-19 outbreak has severely affected these companies in production activities as well as supplying their products to their clients. However, in the coming years, the AC Electronically Commutated (EC) Centrifugal Fans market is expected to foresee significant growth opportunities owing to substituting current equipment with innovative energy-efficient motors results in considerable drop in cost and energy usage. Thus, the overall impact of COVID-19 on the European region is low to moderate.

The report segments the North America AC Electronically Commutated (EC) Centrifugal Fans Market follows:

North America AC Electronically Commutated (EC) Centrifugal Fans Market – By Diameter Type

  • Below 250mm
  • 251mm-400mm
  • 401mm-550mm
  •  551mm-700mm

North America AC Electronically Commutated (EC) Centrifugal Fans Market– By Application Type

  • Air Conditioners
  • Refrigerators
  • Ventilation systems
  • Electronic Cabinets
  • Others

North America AC Electronically Commutated (EC) Centrifugal Fans Market – By Country

  • US
  • Canada
  • Mexico

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