South America AC Electronically Commutated Centrifugal Fans Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Diameter Size and Application

The AC electronically commutated (EC) centrifugal fans market in South America is expected to grow from US$ 89.00 million in 2019 to US$ 104.83 million by 2027; it is estimated to grow at a CAGR of 2.8% from 2020 to 2027. Growing inclination toward power savings bolsters the growth of the centrifugal fan industry. The South 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 South 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 South America AC electronically commutated (EC) centrifugal fans 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 South America.

The overall South 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 South 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 South America AC EC (EC) Centrifugal Fans market. Delta Electronic, Rosenberg Ventilatoren GmbHZIEHL-ABEGG, Ebm-Papst, and Regal Beloit Corporation are among the players operating in the market.

Brazil has the highest number of COVID-19 cases, followed by Ecuador, Chile, Peru, and Argentina, among others. The government of South America has taken an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that South America will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the United States, which are important trade partners. Containment measures in several countries of South America will reduce economic activity in the manufacturing and service sectors for at least the next quarter, and is expected to rebound once the pandemic is contained. Several countries in SAM have been severely affected by the COVID-19 outbreak. Brazil has had the worst hit in the region, with the number of positive cases continuing to surge on a daily basis. The outbreak of COVID-19 has weakened the manufacturing volume and trade in Brazil and other countries in SAM, which has a negative impact on the AC Electronically Commutated (EC) Centrifugal Fans market offerings. Hence, the overall impact of COVID-19 on SAM region is moderate.