BLDC Fan Market Size, Statistics, Growth Trend Analysis, and Forecast Report, 2022 - 2032

BLDC Fan Market is segmented By Rotor Type (Inner Rotor, Outer Rotor), By Fan Speed (<550 RPM, 551 – 3000 RPM, 3001 – 10000 RPM, >10000 RPM), By End User Analysis (Domestic, Commercial), and By Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa)

  • Report ID : MD2921
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  • Pages : 220
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  • Tables : 55
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  • Formats :

The BLDC Fan Market Size is valued at US$ 1.14 Billion in 2021. It is anticipated to increase at a CAGR of 9.2% between 2022 and 2032, amounting to around US$ 2.04 Billion by 2032.

“The BLDC fan consumes less electricity than normal induction fans. It is also called an energy-saving fan or Brushless DC (BLDC) fan. BLDC fans use 60% less electricity when compared to normal induction fans. A BLDC fan’s lifespan is longer than a conventional fan as there is no heat generation in the BLDC motor. This increases the life span of fan bearings, as there are fewer chances for winding failure. This is due to the use of thick copper wire in the winding.” The central parts of a BLDC motor are the rotor and stator. The BLDC fans are driven by SMPS, microcontrollers, and inverters. The Asia Pacific region holds the largest market share due to the presence of nations like China, Japan, Vietnam, and India. These are the nations where manufacturing of industrial electronic equipment is quite high.

The global BLDC Fan Market is thriving on account of rising temperatures, rapid urbanization, and aspirational and environmentally conscious consumer segment. The BLDC motors attached to the fan blades have several advantages over conventional motors, like high speed, low maintenance, low electric consumption, and high power-to-weight ratio. Given that fans consume between 20-25 percent of total electricity in households, it is rational for consumers to opt for energy-saving fans. In addition to this, BLDC fans are also smaller than conventional fans. As a result, they are widely used in computer peripherals, vehicles, aircraft, hand-held power tools, and many other sophisticated applications.


The Commercial Sector Dominates the BLDC Fan Market
The BLDC market is divided into domestic and commercial segments, and the estimates show that the commercial segment holds the largest share of the BLDC Fans market due to the increasing application of BLDC fans in diverse end-user applications, such as cooling systems, computer peripherals, medical devices, robotics, etc. The increasing demand for small and compact DC fans in electrical equipment across different industry verticals is a major factor that is driving the growth of the commercial segment in the global BLDC fan market.

Growing Demand for Energy-Efficient Electrical Fans is a key driving factor for the market.
End-user applications for BLDC fans range from ceiling fans for domestic use to multiple-blade fans of different sizes and dynamic airflow used in different industrial equipment for cooling and effective circulation of air. Increasing demand for modern equipment designs that are energy efficient as well as compact in size requires a sophisticated cooling system. BLDC fans are small in size and hence they are widely used in various equipment, especially in equipment that requires sophisticated cooling processes. BLDC fans are designed to deliver an increased air flow at a low energy consumption rate, making them more efficient when compared to conventional fans. The fans are also smaller than other conventional fans and can easily be fitted in advanced equipment where cooling is a high priority, such as high-end computers, communication servers, and other medical devices.

The increasing disposable income of individuals fuels market growth.
A rise in dual household income, per capita income, and improvements in the employment rate have increased disposable incomes in the hand of common people across the world. The increase in disposable income will enhance the spending and purchasing power of consumers during the forecast period. The demand for ceiling fans has been rapidly increasing as consumers income levels have risen and electricity has become more readily available to every corner of the world. Ceiling fans are very popular in low and middle-income countries where people are unable to afford air conditioning. In these homes, ceiling fans are extremely helpful. Increasing disposable income among individuals has resulted in increased adoption of electrical products such as ceiling fans, particularly in moderate-temperature areas. This is an important factor that is driving the demand for the global BLDC fan market growth.

High Product Cost and a Lack of Product Awareness is driving the market down
BLDC fans are more expensive than conventional fans, as they rely on imports for some crucial raw materials. Magnet and motor control are two crucial components that are primarily imported from China. The cost of importing the motor components is high, which raises the cost of the final product. Imported electronic printed circuit boards (PCBs) are also used by domestic manufacturers. Individuals with low disposable income in underdeveloped and several developing nations, cannot afford such high-priced fans, which results in restricting the sales of the product, and in turn, hampers the growth of the market. The lack of product awareness amongst consumers worldwide is also a severe restraint to the growth of the global BLDC fan market.

BLDC Technology Benefits Consumers And The Country.
Typical induction motor fans consume between 70 and 75 watts of power. On the other hand, BLDC fans consume half as much power. Thus, a household with 4 conventional fans can save a huge amount annually on its electricity bill by switching to BLDC fans. With millions of ceiling fans sold annually, potential energy and cost savings are huge along with a significant reduction in carbon footprint. Unlike normal induction motor-based fans, BLDC fans come with a Brushless electronic DC motor that uses permanent magnets. This eliminates friction, motor noise, and sparks that usually occur in the case of normal fans due to continuous contact of brushes with commutators. Since wear and tear are eliminated, BLDC motors have a longer service life compared to typical induction motors.

Asia Pacific Region Holds the Largest Market Share
The market in the Asia Pacific region is anticipated to hold an X% market share. This region is also expected to grow at X% CAGR showing the fastest growth during the forecasted period. Owing to the presence of nations, like China, Japan, Vietnam, and India, where manufacturing of electronics is quite high, industrial equipment requires cooling solutions, that demand for BLDC fans in the commercial sector in these countries. On the other hand, several countries in the region have a very hot climate with temperatures ranging up to 55°C during summers resulting in increased demand for cooling solutions for domestic applications in these counties. This would lead to an increase in demand for BLDC in the region.
The Middle East and Africa are also expected to witness significant growth in the market. This is attributed to the changing regulatory scenario and rising awareness concerning the use of eco-friendly and sustainable products.

Recent Developments:
• In 2022, EESL launches 5-star BLDC ceiling fans: The brushless DC fans have a sweep size of 1200 mm with a power input varying from 28W-32W as compared to the 70-75W of power consumed by conventional ceiling fans.
• In 2022, Alpha and Omega Semiconductor unveil the industry’s smallest smart BLDC fans design to meet reduced PCB layout requirements.
• In 2022, Havells reintroduced its ‘Hawa Badlegi’ campaign, showcasing its Stealth BLDC Ceiling Fan range.
• In 2022, Xiaomi smart BLDC standing fan with voice control was launched in India.

Years considered for this report
• Historical Years: 2018-2021
• Base Year: 2021
• Forecast Period: 2022-2032

BLDC Fan Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/ projections/ forecast for revenue and unit sales (2022 - 2032)
• Data breakdown for application Industries (2022 - 2032)
• Integration and collaboration analysis of companies
• Capacity analysis with application sector breakdown
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategies adopted by emerging companies

Industry Segmentation and Revenue Breakdown
By Rotor Type Analysis (Revenue, USD Million, 2022 - 2032)
• Inner Rotor
• Outer Rotor

By Fan Speed (Revenue, USD Million, 2022 - 2032)
• <550 RPM
• 551 – 3000 RPM
• 3001 – 10000 RPM
• >10000 RPM

By End User Analysis (Revenue, USD Million, 2022 - 2032)
• Domestic
• Commercial

Region Type Analysis (Revenue, USD Million, 2022 - 2032)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of the World

Key Companies:
• Allied Motion Technologies Inc.
• Atomberg Technologies Pvt. Ltd.
• Brilltech Vayu
• Crompton Greaves Consumer Electricals Ltd.
• Fanimation Inc.
• Fantasia Distribution Ltd.
• Havells India Ltd.
• Hunter Fan Co.
• Kichler Lighting LLC
• Luminance Brands LLC
• Minebea Mitsumi Inc.
• Minka Lighting Inc.
• Westinghouse Electric Corp.

Available Versions of the BLDC Fan Market Report:
The United States BLDC Fan Market Research Report
Europe BLDC Fan Market Research Report
Asia Pacific BLDC Fan Market Research Report
India BLDC Fan Market Research Report


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