Increasing adoption of novel technologies pertaining to ventilation and aeration in first world countries, rising awareness on indoor air quality and subsequent issuance of governmental regulations for making explosion proofing laws more stringent are deemed to drive the global AC-DC-EC market, according to impact analysis published in a market intelligence report released by IndustryARC. According to automation experts at IndustryARC, this market’s value in 2023 is projected to be $21.07 billion. The further analysis estimates the market to grow with a healthy compound annual growth rate (CAGR) of 4% during the forecast period of 2018-2023.
The report is titled, ‘AC-DC-EC Fans Market: By Motor (Type AC, DC, EC , Efficiency); By Size (60-100 mm, 100-150 mm, Others); By Fan Type (Axial Fans, Diagonal Fans, Centrifugal Fans, Tangential Fans, Others); By Air Flow (Axial, Centrifugal, Cross Flow, Mixed Flow); By Function (Refrigeration, Air-conditioning, Ventilation, Heating, Humidification, Condensation); By End-User (Consumer Electronics, General Distribution and Wholesale, Residential, Industrial and Mechanical, Telecom and Data Centers, Automotive Industry, Others) & By Geography – Forecast (2018-2023).’ Automation analysts have carefully assessed the market and presented all aspects of the market in this report through statistical facts and figures.
Global AC-DC-EC Fans Market: Leading Segments
Europe is a developed continent with most of its countries having already done paramount work in the fields of automation and instrumentation. The AC-DC-EC fans market is highly driven in this region owing to an educated and urbanized population in nearly all countries such as United Kingdom, Germany, France, Italy, and others. According to the report, a 0% inflation rate in the UK has been directly responsible for the increased purchase of AC-DC-EC fans with maximum usage in household consumption. Since Germany is one of the world’s leading countries based on manufacturing and service sector, the demand for AC and DC fans is huge in this country. People of Germany are brand conscious and trust better brands for quality products. This is the reason why Germany has been vigorously importing AC and DC fans for its machines, providing impetus to the market.
Disruptive Trends And Impactful Market Forces
- A Consistent Increase In Industrial Activities
With expanding urbanization, the world is gradually gravitating towards a perpetual increase in industrial production. Automation and deep learning have already slowly seeped its way into industries thus requiring a higher power from computer systems. This leads to quick heating and an automated solution for cooling down systems from getting excessively hot. Key market players have capitalized on this factor and given impetus to the AC-DC-EC fans market by capturing the demand and producing products in accordance with it.
- High Demand For ATEX and IECEx Certified Fans
The laws for the usage of electrical equipment in industrial setups are becoming stronger day by day. Governments are coming up with stricter regulations for utilizing equipment that is not hazardous to the environment or the place it is set up in. This has led to an increased demand for explosion-proof devices and machines which has disrupted the AC-DC-EC fans market and made key market players register for ATEX and IECEx certified fans.
Global AC-DC-EC Fans Market: Competitive Landscape
Key market players operating in the AC-DC-EC market include NMB Technologies, Mechatronics Fan Group, Omron Corporation, Comair Rotron, Delta Electronics, Nidec Corporation, Orion Fans, Qualtek Electronic Corporation, Sanyo Denki Co Ltd, and Sunonwealth Electric Machine Industry Co Ltd.
Talk to one of our sales representative about the full report by providing your details in the link below:
A. China AC-DC-EC Fan Market
B. AC-DC Cable Assembly Market
What can you expect from the report?
The AC-DC-EC Fans Market is Prepared with the Main Agenda to Cover the following 20 points:
1. AC-DC-EC Fans Market Size by Product Categories & Application
2. AC-DC-EC Fans Market trends & Relevant Market Data
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End-user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. EC Fans Market Demand Analysis (Revenue & Volume)
12. Country-level Analysis
13. Competitor Analysis
14. DC Fans Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. DC Fans Market Strategic Analysis
18. AC Fans Market Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. AC Fans Market Revenue and Volume Analysis
Frequently Asked Questions:
Does IndustryARC provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:
- Increase the level of data in the application or end-user industry.
- Increase the number of countries in geography chapter.
- Find out market shares for other smaller companies or companies which are of interest to you.
- Company profiles can be requested based on your interest.
- Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end-use segment.
Any other custom requirements can be discussed with our team, drop an e-mail to email@example.com to discuss more about our consulting services.
To request for a proposal, provide your details in the below link:
Mr. Venkat Reddy
Contact Sales: +1-614-588-8538 (Ext-101)
About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.