Report : South & Central America 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)
At 3.2% CAGR, the South & Central America AC Electronically Commutated (EC) Centrifugal Fans Market is speculated to be worth US$ 115.74 million by 2030, says Business Market Insights
According to Business Market Insights research, the South & Central America AC electronically commutated (EC) centrifugal fans market was valued at US$ 93.04 million in 2023 and is expected to reach US$ 115.74 million by 2030, registering a CAGR of 3.2% from 2023 to 2030. Increasing inclination toward power savings and yield improvement and growing demand of electronically commutated fans are the critical factors attributed to the South & Central America AC electronically commutated (EC) centrifugal fans market expansion.
The South & Central America AC electronically commutated (EC) centrifugal fans market is facing significant growth owing to the growing emphasis on ensuring power saving. EC motors (ECMs) need individual DC power supplies. EC fans enable considerable power savings, offering cooling and airflow solutions for applications with better electrical efficiency requirements. Appropriate fan selection is key to any design. The designer considers both curves when selecting the best fan and operating point to optimize power usage and reliability. The designs of fans and their blade types significantly affect efficiency and power requirements. Further, various companies are taking initiatives such as partnerships, collaborations, and unveiling new products to save power. Thus, the increasing demand for energy efficiency in the manufacturing sector is boosting the demand for AC EC centrifugal fans.
On the contrary, rising use of smart synchronous permanent magnet motors hurdles the growth of South & Central America AC electronically commutated (EC) centrifugal fans market.
Based on diameter size, the South & Central America AC electronically commutated (EC) centrifugal fans market is segmented into Below 250mm, 251mm-400mm, 401mm-550mm, and 551mm-700mm. The 251mm-400mm segment held 36.0% share of South & Central America AC electronically commutated (EC) centrifugal fans market in 2023, amassing US$ 33.50 million. It is projected to garner US$ 41.78 million by 2030 to expand at 3.2% CAGR during 2023–2030.
Based on application, the South & Central America AC electronically commutated (EC) centrifugal fans market is segmented into air conditioners, refrigerators, ventilation systems, electronic cabinets, and others. The air conditioners segment held 35.6% share of South & Central America AC electronically commutated (EC) centrifugal fans market in 2023, amassing US$ 33.14 million. It is projected to garner US$ 42.94 million by 2030 to expand at 3.8% CAGR during 2023–2030.
Based on power range, the South & Central America 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 37.8% share of South & Central America AC electronically commutated (EC) centrifugal fans market in 2023, amassing US$ 35.16 million. It is projected to garner US$ 45.37 million by 2030 to expand at 3.7% CAGR during 2023–2030.
Based on country, the South & Central America AC electronically commutated (EC) centrifugal fans market is segmented into Brazil, Argentina, the Rest of South & Central America. Our regional analysis states that Brazil captured 54.2% share of South & Central America AC electronically commutated (EC) centrifugal fans market in 2023. It was assessed at US$ 50.42 million in 2023 and is likely to hit US$ 62.94 million by 2030, exhibiting a CAGR of 3.2% during the forecast period.
Key players profiles in the South & Central America AC electronically commutated (EC) centrifugal fans market report Delta Electronics Inc; ebm-papst; Oriental Motor USA Corp.; Regal Rexnord Corp; Rosenberg Ventilatoren GmbH; and Ziehl-Abegg UK Ltd, among others.
Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@businessmarketinsights.com