On the basis of regional analysis, the global BLDC fan market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
Asia Pacific industry is poised to dominate majority revenue share by 2036, as manufacturing of industrial electronic equipment are quite high in the region. As this industrial equipment require cooling solutions, demand for BLDC fans in the commercial sector in these nations are anticipated to remain high over the forecast period. On the other hand, several nations in the region have a temperate climate with temperatures ranging up to 55°C during summers. Increasing demand for cooling solutions for domestic applications in these nations is thereby anticipated to drive the growth of the BLDC fan market in Asia Pacific.
Author Credits: Richa Gupta
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