North America AC Electronically Commutated (EC) Centrifugal Fans Market to Grow at a CAGR of 4.4% to reach US$ 362.77 Mn from 2020 to 2027

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)

  • Report Code : TIPRE00021097
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 74
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The AC electronically commutated (EC) centrifugal fans market in North America is expected to grow from US$ 274.45 Mn in 2019 to US$ 362.77 Mn by 2027; it is estimated to grow at a CAGR of 4.4% from 2020 to 2027.



The US, Canada, and Mexico are major economies in North America. 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 North America 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 North America

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 AC EC centrifugal fans market. The is expected to grow North America AC EC centrifugal fans market at a good CAGR during the forecast period.

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.

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North America AC Electronically Commutated (EC) Centrifugal Fans Market Segmentation

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

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

  • Delta Electronics
  • Rosenberg Ventilatoren GmbH
  • ZIEHL-ABEGG
  • Ebm-Papst
  • Hidria
  • Regal Beloit Corporation
  • Continental Fan Manufacturing Inc
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Diameter Size and Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada

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 North America AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size

1.3.2 North America AC Electronically Commutated (EC) Centrifugal Fans Market, by Application

1.3.3 North America 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. North America AC Electronically Commutated (EC) Centrifugal Fans Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. North America AC EC (EC) Centrifugal Fans Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Demand of Electronically Commutated Fans

5.1.2 Increasing Inclination toward Power Savings

5.2 Market Restraints

5.2.1 Rising 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 Surging Technological Advancements

5.5 Impact Analysis

6. AC Electronically Commutated (EC) Centrifugal Fans Market– North America Analysis

6.1 North America AC Electronically Commutated (EC) Centrifugal Fans Market Overview

6.2 Market Positioning

7. North America AC Electronically Commutated (EC) Centrifugal Fans Market Analysis – By Diameter size

7.1 Overview

7.2 North America 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 North America 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 North America 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 North America 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 North America 551-700 mm AC Electronically Commutated (EC) Centrifugal Fans Market Revenue Forecast to 2027 (US$ Mn)

8. North America AC Electronically Commutated (EC) Centrifugal Fans Market Analysis – By Application

8.1 Overview

8.2 North America AC Electronically Commutated (EC) Centrifugal Fans Market Breakdown, by Application, 2019 & 2027

8.3 Air Conditioners

8.3.1 Overview

8.3.2 North America Air Conditioners Market Revenue Forecast to 2027 (US$ Mn)

8.4 Refrigerators

8.4.1 Overview

8.4.2 North America Refrigerators Market, Revenue Forecast to 2027 (US$ Mn)

8.5 Ventilation Systems

8.5.1 Overview

8.5.2 North America Ventilation Systems Market, Revenue Forecast to 2027 (US$ Mn)

8.6 Electronic Cabinets

8.6.1 Overview

8.6.2 North America Electronic Cabinets Market, Revenue Forecast to 2027 (US$ Mn)

8.7 Others

8.7.1 Overview

8.7.2 North America Others Applications Market, Revenue Forecast to 2027 (US$ Mn)

9. North America AC Electronically Commutated (EC) Centrifugal Fans Market – Country Analysis

9.1 Overview

9.1.1 North America: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast to 2027 (US$ Million)

9.1.2 North America: AC Electronically Commutated (EC) Centrifugal Fans Market, by Key Country

9.1.2.1 US: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast to 2027 (US$ Million)

9.1.2.1.1 US: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size

9.1.2.1.2 US: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application

9.1.2.2 Canada: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast to 2027 (US$ Million)

9.1.2.2.1 Canada: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size

9.1.2.2.2 Canada: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application

9.1.2.3 Mexico: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast to 2027 (US$ Million)

9.1.2.3.1 Mexico: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size

9.1.2.3.2 Mexico: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application

10. North America AC Electronically Commutated (EC) Centrifugal Fans Market- COVID-19 Impact Analysis

10.1 Overview

10.2 North America

11. Industry Landscape

11.1 Overview

The industry landscape chapter gives a brief knowledge about various product developments, partnerships, mergers and acquisitions, as well as collaboration strategies implemented by companies at a North America level to enhance their product offerings and footprint across industries, thereby boosting their annual revenue growth.

11.2 Merger and Acquisition

11.3 New Development

11.4 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 Oriental Motor USA Corporation

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 Regal Beloit 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

12.7.6 Key Developments

12.8 Continental Fan Manufacturing Inc.

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

13. Appendix

13.1 About The Insight Partners

13.2 Glossary

LIST OF TABLES

Table 1. North America AC Electronically Commutated (EC) Centrifugal Fans Market, Revenue and Forecast To 2027 (US$ Mn)

Table 2. US: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size –Revenue and Forecast to 2027 (US$ Million)

Table 3. US: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 4. Canada: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size –Revenue and Forecast to 2027 (US$ Million)

Table 5. Canada: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 6. Mexico: AC Electronically Commutated (EC) Centrifugal Fans Market, by Diameter Size –Revenue and Forecast to 2027 (US$ Million)

Table 7. Mexico: AC Electronically Commutated (EC) Centrifugal Fans Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 8. Glossary of terms, AC Electronically Commutated (EC) Centrifugal Fans Market

LIST OF FIGURES

Figure 1. North America AC Electronically Commutated (EC) Centrifugal Fans Market Segmentation

Figure 2. North America AC Electronically Commutated (EC) Centrifugal Fans Market

Figure 3. North America AC Electronically Commutated (EC) Centrifugal Fans Market Overview

Figure 4. North America 251mm-400mm Segment Held the Largest Market Share Based on Diameter Size

Figure 5. North America Air Conditioners Segment Held the Largest Market Share Based on Application

Figure 7. North America US to Show Great Traction During Forecast Period

Figure 8. Ecosystem Analysis

Figure 9. Impact Analysis of Drivers and Restraints

Figure 10. North America AC Electronically Commutated (EC) Centrifugal Fans Market Forecast and Analysis, (US$ Mn)

Figure 11. North America AC Electronically Commutated (EC) Centrifugal Fans Market Breakdown, by Diameter size, Value, 2019 & 2027 (%)

Figure 12. North America Below 250 mm AC Electronically Commutated (EC) Centrifugal Fans Market, Revenue Forecast, 2017–2027 (US$ Mn)

Figure 13. North America Diameter 251-400 mm AC Electronically Commutated (EC) Centrifugal Fans Market, Revenue Forecast, 2017–2027 (US$ Mn)

Figure 14. North America 401-550 mm AC Electronically Commutated (EC) Centrifugal Fans Market, Revenue Forecast, 2017–2027 (US$ Mn)

Figure 15. North America 551-700 mm AC Electronically Commutated (EC) Centrifugal Fans Market, Revenue Forecast, 2017–2027 (US$ Mn)

Figure 16. North America AC Electronically Commutated (EC) Centrifugal Fans Market Breakdown, by Application, Value, 2019 & 2027 (%)

Figure 17. North America Air Conditioners Market, Revenue Forecast, 2017–2027 (US$ Mn)

Figure 18. North America Refrigerators Market Revenue Forecast to 2027 (US$ Mn)

Figure 19. North America Ventilation Systems Market Revenue Forecast to 2027 (US$ Mn)

Figure 20. North America Electronic Cabinets Market Revenue Forecast to 2027 (US$ Mn)

Figure 21. North America Others Application Market Revenue Forecast to 2027 (US$ Mn)

Figure 22. North America: AC Electronically Commutated (EC) Centrifugal Fans Market by Key Country – Revenue (2019) (USD Million)

Figure 23. North America: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast To 2027 (US$ Million)

Figure 24. North America: AC Electronically Commutated (EC) Centrifugal Fans Market Revenue Share, by Key Country (2019 and 2027)

Figure 25. US: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast To 2027 (US$ Million)

Figure 26. Canada: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast To 2027 (US$ Million)

Figure 27. Mexico: AC Electronically Commutated (EC) Centrifugal Fans Market – Revenue and Forecast To 2027 (US$ Million)

Figure 28. Impact of COVID-19 Pandemic in North America

  1. Delta Electronics
  2. Rosenberg Ventilatoren GmbH
  3. ZIEHL-ABEGG
  4. Ebm-Papst
  5. Hidria
  6. Regal Beloit Corporation
  7. Continental Fan Manufacturing Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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