BLDC Fan Market Size

BLDC Fan Market size was valued at USD 1.28 billion in 2023 and is likely to cross USD 3.52 billion by 2036, registering more than 8.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of BLDC fan is estimated at USD 1.36 billion.

The global BLDC fan market is thriving on the back of increasing demand for cooling systems across varied end user applications, coupled with the growing need amongst end user industries for advanced technological products that are more efficient and effective and consume less energy. The brushless motors that are attached to the fan blade, have several benefits over conventional motors, such as high speed, high power-to-weight ratio, low maintenance and electronic control. Further, brushless motors are smaller in size as compared to a conventional motor. Hence, BLDC fans are widely used in computer peripherals, vehicles, aircrafts, hand-held power tools and other sophisticated applications. Moreover, increasing trade on fans around the world is also anticipated to promote significantly towards the growth of the global BLDC fan market.