PUBLISHER: TechNavio | PRODUCT CODE: 1685638
PUBLISHER: TechNavio | PRODUCT CODE: 1685638
The BLDC fan market is forecasted to grow by USD 1394.1 million during 2024-2029, accelerating at a CAGR of 8.7% during the forecast period. The report on the BLDC fan market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for energy-efficient electrical fans, increasing demand for cooling systems across varied end-user applications, and growing need amongst end-user industries for advanced technological products.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 7.4% |
CAGR | 8.7% |
Incremental Value | $1394.1 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's BLDC fan market is segmented as below:
By End-user
By Speed
By Type
By Geographical Landscape
This study identifies the increasing disposable income of individuals as one of the prime reasons driving the BLDC fan market growth during the next few years. Also, rising growth in housing sector and increasing demand for small and compact DC fans in electrical equipment will lead to sizable demand in the market.
The report on the BLDC fan market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading BLDC fan market vendors that include Atomberg Technologies Pvt. Ltd., BHARAT BRUSHLESS MOTORS, Brilltech Vayu, Crompton Greaves Consumer Electricals Ltd., Fanimation, Fantasia Ceiling Fans, Havells India Ltd., Hunter Fan Co., Kichler Lighting LLC, Luminance Brands LLC, MinebeaMitsumi Inc., Minka Lighting Inc., Nidec Corp., OCECO ENERGY PVT LTD, Orient Electric Ltd., Panasonic Holdings Corp., Superfan, Usha International Ltd., and Westinghouse Electric Corp.. Also, the BLDC fan market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: