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EC Fans for Cooling Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
and India EC Fans for Cooling Market SizeThe global EC Fans for Cooling revenue was US$ 376.3 million in 2022 and is forecast to a readjusted size of US$ 543.3 million by 2029 with a CAGR of 5.2% during the forecast period (2023-2029).
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and India EC Fans for Cooling Market
EC Fans are fans with EC technology. EC stands for Electronically Commutated, and it combines AC and DC voltages bringing the best of both worlds. EC fans applied high efficient brushless DC motors and those products' power consumption reduced up to 80% compared with our conventional AC fans.
In India, the EC Fans for Cooling revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
The main manufacturers of EC Fans for Cooling are Delta Fan, Huaxia Hengtai and Sunon, etc. The top five manufacturers account for about 40% of the share. Asia-Pacific is the largest market with about 45% share, followed by Americas and Europe, both with more than 25% share. Less than 150 mm is the largest segment, with a share of about 50%. ICT is the largest application with about 40% share.
This report focuses on global and India EC Fans for Cooling market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for EC Fans for Cooling will continue to grow rapidly in the future.
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Segment by Type
• Less than 150 mm
• 150-500 mm
• Above 500 mm
Segment by Application
• HVAC
• Refrigeration and Appliances
• ICT
• Transportation
• Medical
• Others
By Company
Delta Fan, Rosenberg Ventilatoren GmbH, Ebmpapst, Yen Sun Technology Corporation, Hidria, Sunon, Huaxia Hengtai, Oriental Motor, Hangzhou Airflow Electric Appliances, Fulltech Electric, Orion Fans, Epec
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