Middle East and Africa AC Electronically Commutated (EC) Centrifugal Fans Market Growth by 2027
Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027Middle East and Africa 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)
- Report Date : Apr 2021
- Report Code : TIPRE00021096
- Category : Electronics and Semiconductor
- Status : Published
- Available Report Formats :
- No. of Pages : 70
The AC electronically commutated (EC) centrifugal fans market in MEA is expected to grow from US$ 141.49 Mn in 2019 to US$ 175.26 Mn by 2027; it is estimated to grow at a CAGR of 3.5% from 2020 to 2027.
The South Africa, UAE, Saudi Arabia are major economies in MEA. Growing demand of Electronically commuted fans are the major factor driving the growth. AC motors have been in use as a primary air driving force in HVAC applications that continually run at full power. The continuously increasing demand for highly energy-efficient solutions with a premium range of operation possibilities has led to the development of EC motors. Since its development in the 1960s, the share of EC technology has grown steadily in the MEA AC EC (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 the EC technology as a new standard for motors. Moreover, minimum efficiency standards have been encouraging the move from AC to EC. Increasing standards push toward more efficient technology approximately every three years, and manufacturers must continue to improve to adhere to these regulations also bolstering the growth of the industry. Thus, the growth is expected to create a significant demand AC EC centrifugal fans in the coming years, which is further anticipated to drive the market in MEA.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA AC EC centrifugal fans market. The is expected to grow MEA AC EC centrifugal fans market at a good CAGR during the forecast period.
MEA 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.
As per World meter, among Middle East and Africa (MEA) countries, Iran has faced the highest number of COVID-19 confirmed cases and deaths till 2020. Other major countries that are facing the economic impact of COVID-19 include Saudi Arabia, UAE, Egypt, Morocco, and Kuwait. The region is projected to register a swift decline in their disrupted supply chain and products from various manufacturers across North America, Europe, and Asia-Pacific region, as these regions have halted their production activities and subsequently disrupting the importing of products to other regions. Moreover, the recent nationwide lockdown across South Africa, Saudi Arabia an UAE also have also negatively impacted the development of AC Electronically Commutated (EC) Centrifugal Fans, and thus the region is expected to witness a slight decline in the market growth its various countries during the coming few months. Hence, the overall impact of COVID-19 on MEA region is moderate.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
MEA AC Electronically Commutated (EC) Centrifugal Fans Market Segmentation
MEA AC Electronically Commutated (EC) Centrifugal Fans Market – By Diameter Type
- Below 250mm
- 251mm-400mm
- 401mm-550mm
- 551mm-700mm
MEA AC Electronically Commutated (EC) Centrifugal Fans Market– By Application Type
- Air Conditioners
- Refrigerators
- Ventilation systems
- Electronic Cabinets
- Others
MEA AC Electronically Commutated (EC) Centrifugal Fans Market – By Country
- South Africa
- UAE
- Saudi Arabia
- Rest of MEA
MEAAC Electronically Commutated (EC) Centrifugal Fans Market – By Company
- Delta Electronics
- Rosenberg Ventilatoren GmbH
- ZIEHL-ABEGG
- Ebm-Papst
- Regal Beloit Corporation
Middle East and Africa AC Electronically Commutated (EC) Centrifugal Fans Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 141.49 Million |
| Market Size by 2027 | US$ 175.26 Million |
| Global CAGR (2020 - 2027) | 3.5% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Diameter Size
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
Market Research & Consulting
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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- Delta Electronics
- Rosenberg Ventilatoren GmbH
- ZIEHL-ABEGG
- Ebm-Papst
- Regal Beloit Corporation
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