The AC electronically commutated (EC) centrifugal fans market in Asia Pacific is expected to grow from US$ 316.48 Mn in 2019 to US$ 432.86Mn by 2027; it is estimated to grow at a CAGR of 4.8% from 2020 to 2027.
China, South Korea, Japan, Australia, India, Rest of Asia Pacific are major economies in Asia Pacific. Rise in 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 Asia Pacific 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 Asia Pacific
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 Asia Pacific AC EC centrifugal fans market. The is expected to grow Asia Pacific AC EC centrifugal fans market at a good CAGR during the forecast period.
According to latest situation report from World Health Organization (WHO), the US, Brazil, India, Russia, South Africa, Spain, UK, Germany, and France among others are some of the worst affected countries due to COVID-19 outbreak. The COVID-19 crisis is affecting the industries worldwide and the economy is anticipated to take a worst hit in the year 2020 and likely in 2021 also.
The APAC region is hugely affected by a COVID-19, owing to a massive number of cases in China, the country is the most crucial manufacturer and industrial producer since it trades more manufacturing goods than any other country ; it is also a world leader in several types of goods. According to the Organization for Economic Co-operation and Development (OECD), the other major economies outside of China have also impacted by the pandemic, such as huge South Korea, India, Australia, and Japan, and are experiencing downward growth. Since the outbreak of COVID-19 across the Asia-Pacific, several countries have suffered heavily. China, Japan, South Korea, India, Hong Kong, and Taiwan are some of the countries that have incurred a huge loss. The manufacturing sectors in the countries mentioned above have been experiencing low production and a weak supply chain. However, the outbreak of COVID-19 has significantly affected the manufacturing sector of APAC. As the neighboring countries are linked to one another through trade relations and supply chain the entire region is affected with the outbreak of COVID-19 which will have a significant impact on the said market in this region for the forecast period. Hence, the overall impact of COVID-19 on APAC region is low to moderate.
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Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market Segmentation
Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market – By Diameter Type
- Below 250mm
- 251mm-400mm
- 401mm-550mm
- 551mm-700mm
Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market– By Application Type
- Air Conditioners
- Refrigerators
- Ventilation systems
- Electronic Cabinets
- Others
Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market – By Country
- China
- South Korea
- Japan
- Australia
- India
- Rest of APAC
Asia Pacific AC Electronically Commutated (EC) Centrifugal Fans Market – By Company
- Delta Electronics
- Rosenberg Ventilatoren GmbH
- ZIEHL-ABEGG
- Ebm-Papst
- Hidria
- Regal Beloit Corporation
- Simx Limited
- PBM Motor and Fan (Suzhou) Co. Ltd.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Diameter Size and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size
1.3.2 APAC AC Electronically Commutated (EC) Centrifugal Fans Market, by Application
1.3.3 APAC AC Electronically Commutated (EC) Centrifugal Fans Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC AC Electronically Commutated (EC) Centrifugal Fans Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 APAC
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC AC EC (EC) Centrifugal Fans Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Demand of Electronically Commutated Fans
5.1.2 Growth in Inclination toward Power Savings
5.2 Market Restraints
5.2.1 Surge in Use of Smart Synchronous Permanent Magnet Motors
5.3 Market Opportunities
5.3.1 Rise in Sales of Consumer Goods
5.4 Future Trends
5.4.1 Enhancement in Technological Advancements
5.5 Impact Analysis
6. AC Electronically Commutated (EC) Centrifugal Fans–APAC Market Analysis
6.1 APAC AC Electronically Commutated (EC) Centrifugal Fans Market Overview
6.2 APAC AC Electronically Commutated (EC) Centrifugal Fans Market Forecast and Analysis
6.3 Market Positioning
7. APAC AC Electronically Commutated (EC) Centrifugal Fans Market Analysis – By Diameter size
7.1 Overview
7.2 APAC AC Electronically Commutated (EC) Centrifugal Fans Market Breakdown, by Diameter size, 2019 & 2027
7.3 Below 250 mm
7.3.1 Overview
7.3.2 APAC Below 250 mm AC Electronically Commutated (EC) Centrifugal Fans Market Revenue Forecast to 2027 (US$ Mn)
7.4-400 mm
7.4.1 Overview
7.4.2 APAC 251-400 mm AC Electronically Commutated (EC) Centrifugal Fans Market Revenue Forecast to 2027 (US$ Mn)
7.5-550 mm
7.5.1 Overview
7.5.2 APAC 401-550 mm AC Electronically Commutated (EC) Centrifugal Fans Market Revenue Forecast to 2027 (US$ Mn)
7.6-700 mm
7.6.1 Overview
7.6.2 APAC 551-700 mm AC Electronically Commutated (EC) Centrifugal Fans Market Revenue Forecast to 2027 (US$ Mn)
8. APAC AC Electronically Commutated (EC) Centrifugal Fans Market Analysis – By Application
8.1 Overview
8.2 APAC AC Electronically Commutated (EC) Centrifugal Fans Market Breakdown, by Application, 2019 & 2027
8.3 Air Conditioners
8.3.1 Overview
8.3.2 APAC Air Conditioners Market Revenue Forecast to 2027 (US$ Mn)
8.4 Refrigerators
8.4.1 Overview
8.4.2 APAC Refrigerators Market, Revenue Forecast to 2027 (US$ Mn)
8.5 Ventilation Systems
8.5.1 Overview
8.5.2 APAC Ventilation Systems Market, Revenue Forecast to 2027 (US$ Mn)
8.6 Electronic Cabinets
8.6.1 Overview
8.6.2 APAC Electronic Cabinets Market, Revenue Forecast to 2027 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 APAC Others Applications Market, Revenue Forecast to 2027 (US$ Mn)
9. APAC AC Electronically Commutated (EC) Centrifugal Fans Market –Country Analysis
9.1 Overview
9.1.1 APAC: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2 APAC: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size
9.1.3 APAC: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application
9.1.4 APAC: AC Electronically Commutated (EC) Centrifugal Fans Market, by Key Country
9.1.4.1 Australia: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast to 2027 (US$ Million)
9.1.4.1.1 Australia: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size
9.1.4.1.2 Australia: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application
9.1.4.2 China: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast to 2027 (US$ Million)
9.1.4.2.1 China: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size
9.1.4.2.2 China: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application
9.1.4.3 India: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast to 2027 (US$ Million)
9.1.4.3.1 India: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size
9.1.4.3.2 India: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application
9.1.4.4 Japan: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast to 2027 (US$ Million)
9.1.4.4.1 Japan: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size
9.1.4.4.2 Japan: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application
9.1.4.5 South Korea: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast to 2027 (US$ Million)
9.1.4.5.1 South Korea: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size
9.1.4.5.2 South Korea: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application
9.1.4.6 Rest of APAC: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast to 2027 (US$ Million)
9.1.4.6.1 Rest of APAC: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size
9.1.4.6.2 Rest of APAC: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application
10. APAC AC Electronically Commutated (EC) Centrifugal Fans Market- COVID-19 Impact Analysis
10.1 Overview
10.2 Asia-Pacific
11. Industry Landscape
11.1 Merger and Acquisition
11.2 New Development
11.3 Others
12. Company Profiles
12.1 Delta Electronics
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 Rosenberg Ventilatoren GmbH
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 ZIEHL-ABEGG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.4 Ebm Papst
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Hidria d.o.o
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Simx Limited
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.7 Oriental Motor USA Corporation
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.8 Regal Beloit Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 PBM Motor and Fan (Suzhou) Co. Ltd.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. APAC AC Electronically Commutated (EC) Centrifugal Fans Market, Revenue and Forecast To 2027 (US$ Mn)
Table 2. APAC: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size – Revenue and Forecast to 2027 (US$ Million)
Table 3. APAC: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 4. Australia: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size –Revenue and Forecast to 2027 (US$ Million)
Table 5. Australia: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 6. China: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size –Revenue and Forecast to 2027 (US$ Million)
Table 7. China: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 8. India: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size –Revenue and Forecast to 2027 (US$ Million)
Table 9. India: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 10. Japan: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size –Revenue and Forecast to 2027 (US$ Million)
Table 11. Japan: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 12. South Korea: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size –Revenue and Forecast to 2027 (US$ Million)
Table 13. South Korea: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 14. Rest of APAC: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size –Revenue and Forecast to 2027 (US$ Million)
Table 15. Rest of APAC: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 16. Glossary of terms, AC Electronically Commutated (EC) Centrifugal Fans Market
LIST OF FIGURES
Figure 1. APAC AC Electronically Commutated (EC) Centrifugal Fans Market Segmentation
Figure 2. APAC AC Electronically Commutated (EC) Centrifugal Fans Market
Figure 3. APAC AC Electronically Commutated (EC) Centrifugal Fans Market Overview
Figure 4. APAC 251mm-400mm Segment Held the Largest Market Share Based on Diameter Size
Figure 5. APAC Air Conditioners Segment Held the Largest Market Share Based on Application
Figure 7. China to Show Great Traction During Forecast Period
Figure 8. Ecosystem Analysis
Figure 9. Impact Analysis of Drivers and Restraints
Figure 10. APAC AC Electronically Commutated (EC) Centrifugal Fans Market Forecast and Analysis, (US$ Mn)
Figure 11. APAC AC Electronically Commutated (EC) Centrifugal Fans Market Breakdown, by Diameter size, Value, 2019 & 2027 (%)
Figure 12. APAC Below 250 mm AC Electronically Commutated (EC) Centrifugal Fans Market, Revenue Forecast, 2017–2027 (US$ Mn)
Figure 13. APAC Diameter 251-400 mm AC Electronically Commutated (EC) Centrifugal Fans Market, Revenue Forecast, 2017–2027 (US$ Mn)
Figure 14. APAC 401-550 mm AC Electronically Commutated (EC) Centrifugal Fans Market, Revenue Forecast, 2017–2027 (US$ Mn)
Figure 15. APAC 551-700 mm AC Electronically Commutated (EC) Centrifugal Fans Market, Revenue Forecast, 2017–2027 (US$ Mn)
Figure 16. APAC AC Electronically Commutated (EC) Centrifugal Fans Market Breakdown, by Application, Value, 2019 & 2027 (%)
Figure 17. APAC Air Conditioners Market, Revenue Forecast, 2017–2027 (US$ Mn)
Figure 18. APAC Refrigerators Market Revenue Forecast to 2027 (US$ Mn)
Figure 19. APAC Ventilation Systems Market Revenue Forecast to 2027 (US$ Mn)
Figure 20. APAC Electronic Cabinets Market Revenue Forecast to 2027 (US$ Mn)
Figure 21. APAC Others Application Market Revenue Forecast to 2027 (US$ Mn)
Figure 22. APAC: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast To 2027 (US$ Million)
Figure 23. APAC: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast To 2027 (US$ Million)
Figure 24. APAC: AC Electronically Commutated (EC) Centrifugal Fans Market Revenue Share, By Diameter Size (2019 and 2027)
Figure 25. APAC: AC Electronically Commutated (EC) Centrifugal Fans Market Revenue Share, By Application (2019 and 2027)
Figure 26. APAC: AC Electronically Commutated (EC) Centrifugal Fans Market Revenue Share, By Key Country (2019 and 2027)
Figure 27. Australia: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast To 2027 (US$ Million)
Figure 28. China: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast To 2027 (US$ Million)
Figure 29. India: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast To 2027 (US$ Million)
Figure 30. Japan: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast To 2027 (US$ Million)
Figure 31. South Korea: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast To 2027 (US$ Million)
Figure 32. Rest of APAC: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast To 2027 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic in Asia Pacific
- Delta Electronics
- Rosenberg Ventilatoren GmbH
- ZIEHL-ABEGG
- Ebm-Papst
- Hidria
- Regal Beloit Corporation
- Simx Limited
- PBM Motor and Fan (Suzhou) Co. Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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