The AC electronically commutated (EC) centrifugal fans market in North America is expected to grow from US$ 274. 45 million in 2019 to US$ 362. 77 million by 2027; it is estimated to grow at a CAGR of 4.
New York, April 27, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "North America AC Electronically Commutated Centrifugal Fans Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Diameter Size and Application" - https://www.reportlinker.com/p06064994/?utm_source=GNW
4% from 2020 to 2027. Increasing inclination toward power savings bolsters the growth of the centrifugal fan industry. The North America AC Electronically Commutated (EC) centrifugal fans market is experiencing significant growth owing to the growing emphasis on ensuring power savings. EC motors (ECMs) need individual DC power supply. EC fans enable substantial power savings, offering airflow and cooling solutions for applications with better electrical efficiency requirements. Appropriate fan selection is a key to any design. The designer considers both curves when selecting the best fan and operating point to optimize reliability and power usage. The designs of fans and their blade types affect power requirements and efficiency significantly. Thus, the increasing demand for energy efficiency in the manufacturing sector is boosting the demand for AC EC centrifugal fans in North America. The growing demand of electronically commutated fans is among the other factors expected to positively influence the demand for mineral insulated heating cables.
Based on application type, the air conditioners segment led the mineral insulated heating cables market in 2019.Air conditioning provides faster speed because colder air is denser.
Air-conditioning technology in the market is characterized by three main requirements that are energy efficiency, controllability for good load matching, and the adaptability to meet a wide range of customer needs.The fan wheel is linked directly to an electric motor’s shaft, which means that the fan wheel speed is the same as the motor’s rotational speed.
The EC motor operates quietly and efficiently even under part-load conditions.All fan control, programming, and monitoring typically needed throughout the air-conditioning industry are available through the integrated motor electronics that and can be operated via software and even accessed wirelessly.
All these factors drive the AC electronically commutated (EC) centrifugal fans market in North America.
The overall North America AC EC (EC) Centrifugal Fans market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
The process also serves the purpose of obtaining an overview and forecast for the North America AC EC (EC) Centrifugal Fans market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.
The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the North America AC EC (EC) Centrifugal Fans market. Delta Electronic, Rosenberg Ventilatoren GmbHZIEHL-ABEGG, Ebm-Papst, Hidria, Regal Beloit Corporation, and Continental Fan Manufacturing Inc are among the players operating in the market.
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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