The continuously increasing demand for high energy-efficient solutions with a premium range of operation possibilities has led to the development of electronically commutated (EC) motors. Since its development in the 1960s, the share of EC technology has grown steadily in the South & Central America AC electronically commutated (EC) centrifugal fans market to replace the AC technology in several air movement applications. Due to substantial improvements in the energy efficiency of EC-based motor technology, many OEM product designers perceive EC technology as a new standard for motors. Further, minimum efficiency standards have encouraged moving from AC to EC. Additionally, AC motors have been used as a primary air driving force in HVAC applications that continually run at full power. The HVAC industry is witnessing significant growth due to expanding construction activities, increasing urbanization, and rising awareness of indoor air quality. AC EC centrifugal fans have extensive applications in HVAC systems, as they provide efficient air circulation, cooling, and ventilation. Further, the energy efficiency of EC fans leads to cost savings for end users. By consuming less electricity, EC fans also help reduce operational expenses, making them an attractive option for businesses and individuals looking to lower their energy bills over the long term. Thus, the aforementioned factors have increased demand for electronically commutated fans, driving the market significantly.
The South & Central America AC electronically commutated (EC) centrifugal fans market in South America is segmented into Brazil, Argentina, and the Rest of SAM. Governments of several economies across the region focus on attracting private investments to develop the infrastructure. In 2016, Law 13,334 introduced the Investment Partnership Program (Programa de Parceria de Investimentos or PPI) in Brazil, aiming to expand the interaction between the state and the private sector through partnership agreements to implement public infrastructure projects and other privatization measures. Such initiatives are likely to drive the construction sector in South America and propel the demand for AC EC centrifugal fans during the forecast period. According to the International Trade Administration, Chile needs to invest 3.5% of the country’s GDP in obtaining a similar level of infrastructure as developed countries. However, currently, the country invests ~2.5% of its GDP in infrastructure development. The country’s government announced a US$ 28 billion Infrastructure Master Plan in 2014 to develop Chile’s infrastructure by 2021. Such investments are further anticipated to positively impact the growth of the construction sector in the region. Further, the cost of operating fans and blowers has been decreasing with constant technological advancements. The increasing ongoing industrial activities are expected to create several opportunities for the South America AC EC centrifugal fans market in the coming years.
South & Central America AC Electronically Commutated (EC) Centrifugal Fans Market Segmentation
The South & Central America AC electronically commutated (EC) centrifugal fans market is segmented into diameter size, application, power range, and country.
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. In 2023, the 251mm-400mm segment registered a largest share in the South & Central America AC electronically commutated (EC) centrifugal fans market.
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. In 2023, the air conditioners segment registered a largest share in the South & Central America AC electronically commutated (EC) centrifugal fans market.
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. In 2023, the above 5kW segment registered a largest share in the South & Central America AC electronically commutated (EC) Above 5kW.
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. In 2023, Brazil segment registered a largest share in the South & Central America AC electronically commutated (EC) centrifugal fans market.
Delta Electronics Inc; ebm-papst; Oriental Motor USA Corp.; Regal Rexnord Corp; Rosenberg Ventilatoren GmbH; and Ziehl-Abegg UK Ltd are the leading companies operating in the South & Central America AC electronically commutated (EC) centrifugal fans market.
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ 93.04 Million |
| Market Size by 2030 | US$ 115.74 Million |
| CAGR (2023 - 2030) | 3.2% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2030 |
| Segments Covered |
By Diameter Size
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
The South & Central America AC Electronically Commutated (EC) Centrifugal Fans Market is valued at US$ 93.04 Million in 2023, it is projected to reach US$ 115.74 Million by 2030.
As per our report South & Central America AC Electronically Commutated (EC) Centrifugal Fans Market, the market size is valued at US$ 93.04 Million in 2023, projecting it to reach US$ 115.74 Million by 2030. This translates to a CAGR of approximately 3.2% during the forecast period.
The South & Central America AC Electronically Commutated (EC) Centrifugal Fans Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America AC Electronically Commutated (EC) Centrifugal Fans Market report:
The South & Central America AC Electronically Commutated (EC) Centrifugal Fans Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South & Central America AC Electronically Commutated (EC) Centrifugal Fans Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South & Central America AC Electronically Commutated (EC) Centrifugal Fans Market value chain can benefit from the information contained in a comprehensive market report.
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