Author: Himanshu Patni
10 March 2023
The BLDC (Brushless DC) fan market has been experiencing significant growth in recent years, driven by factors such as increasing demand for energy-efficient appliances, advancements in technology, and rising awareness about environmental concerns. BLDC fans are widely used in various applications such as cooling systems for electronics, automotive, and aerospace industries, as well as in residential and commercial buildings. They offer numerous advantages over traditional AC (Alternating Current) fans, including higher efficiency, lower noise levels, longer lifespan, and better speed control. The demand for energy-efficient appliances has driven the growth of the BLDC fan market, as consumers look for ways to reduce their energy consumption and carbon footprint. In addition, increasing urbanization and industrialization in developing countries are expected to further boost the demand for BLDC fans in the coming years.
The BLDC Fan Market is expected to grow at a steady rate of around 8% owing to the increasing awareness for energy conservation around the world along with its growing adoption in electronic devices such as cooling systems, medical devices, robotics, and computer peripheral which in turn is deriving the market demand. Major companies in the market are focusing to provide BLDC fans with technologically advanced features along with new product launches, collaboration, and mergers & acquisitions. For instance, in September 2022, EESL launches five-star brushless DC fans with a sweep size of 1200 mm with a power input range from 28W-32W compared to the 70W-75W compared to the traditional fan under the UJALA program.
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Based on the rotor, the market is segmented into the inner rotor and outer rotor. The outer rotor segment is expected to witness significant market growth during the forecast period. An outer rotor BLDC fan is a type of brushless DC fan where the rotor, which is the rotating part of the motor, is located on the outside of the stator, which is the stationary part of the motor. This design allows for a larger rotor diameter and thinner stator, resulting in higher airflow and lower noise compared to inner rotor BLDC fans. Additionally, outer rotor BLDC fans are commonly used in HVAC (heating, ventilation, and air conditioning) systems, refrigeration equipment, and industrial machinery, where high airflow and low noise are important requirements. They are also used in high-performance computing systems, such as servers and data centers, to provide efficient cooling and prevent overheating.
Based on the end-users, the market is bifurcated into the domestic and commercial segments. The commercial segment is expected to register significant CAGR during the forecast period owing to the increasing incorporation of BLDC fans in the end-user industries application including healthcare, cooling system, robotics, and computer peripherals, among others. Additionally, the growing industrialization attributed to the growth in the manufacturing sectors, automotive sectors, electronic & semiconductors, and others will require an efficient cooling system to lower the overall heat and propel the demand during the forecast period.
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For a better understanding of the market adoption of the BLDC fan industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. . Asia-Pacific is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the rising concern for the increase in the environmental temperature and the growing awareness for energy conservation along with the government support for the implementation of the cooling system for the industries in the region is expected to support the market growth. For instance, in the year 2019 India implemented India Cooling Action Plan to address the country’s cooling needs along with the reduction in the climate impact. Additionally, the increasing investment and increasing research & development activities in the region are expected to propel the market growth. For instance, in July 2022, Xiaomi introduced smart BLDC standing fans with a voice control feature.
Some of the major players operating in the market include Sinox Power, Fanimation Inc., Orient Electric, Havells India Ltd., Luminance Brands LLC, Westinghouse Electric Corp., Brilltech Vayu, Fantasia Distribution Ltd., Crompton Greaves Consumer Electricals Ltd., and Minebea Mitsumi Inc.
Global BLDC Fan Market Segmentation
Market Insight, by Rotor
· Inner Rotor
· Outer Rotor
Market Insight, by End users
· Domestic
· Commercial
Market Insight, by Fan Speed
· Less than 500 RPM
· 501-3000 RPM
· 3001-10000 RPM
· More than 10000 RPM
Market Insight, by Region
· North America
o US
o Canada
o Rest of North America
· Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
· Rest of the World
Top Company Profiles
· Sinox Power
· Fanimation Inc.
· Orient Electric
· Havells India Ltd.
· Luminance Brands LLC
· Westinghouse Electric Corp.
· Brilltech Vayu
· Fantasia Distribution Ltd.
· Crompton Greaves Consumer Electricals Ltd.
· Minebea Mitsumi Inc.
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