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Fan motor refers to the electric motor used to drive the fan. Fans usually consist of impellers, motors and brackets, of which the motor is the core part. The main function of the fan motor is to convert electrical energy into mechanical energy, thereby driving the fan impeller to rotate and generate airflow or wind.
The global wind turbine motor market (based on sales revenue calculated based on manufacturer's shipping price) grew from US$590.42 million in 2018 to US $ 689.07 million in 2022 , with a compound annual growth rate of 3.0% . We expect the global wind turbine motor market to grow to US$ 891.99 million in 2029 , with a compound annual growth rate of 3.8% from 2022 to 2029 .
The core component of the fan is the fan motor, and its future development trend is basically the same as that of the motor. Among the energy-saving aspects of the motor system, the fan system has the greatest energy-saving potential. According to statistics, wind turbines account for about 10% of the country's total power generation , so it is of great significance to carry out energy-saving transformation of the wind turbine system. Improve the difference between fan design parameters and actual operating parameters, continuously improve fan operating efficiency, and meet the increasing energy efficiency requirements of HVAC equipment.From a product perspective, the market share of external rotor motors will gradually increase. In 2022 ,the global external rotor motor accounted for76.34% of the total market size , and it is expected that the market share will increase to82.61%by 2029 .Judging from the product market application (sales volume), household fan motors accounted for 73.95% of the market size in 2022. It is expected that the global proportion of household fan motors will gradually decrease to 70.67% in the future . In addition, the market share of commercial and industrial fan motors will gradually increase during the forecast period.Currently, there are nearly 20 large-scale wind turbine motor companies in the global market . China is the largest wind turbine motor production region in the world. The export volume of wind turbine motor products is increasing year by year, mainly to the European market and the North American market. Major companies in the global market include Regal Rexnord , ebm-papst , NIDEC , TECO , Wolong Electric , Blauberg Group , Sanju Motor, Collier Motor, Xerox, Weiguang Co., Ltd., Ningbo Lion Ball , Hangzhou Dunli, Hangzhou Saiwei, Foshan Zhuogao, Zhejiang Mar , etc. The shipment share of the top five companies in 2022 was as high as 44.31 % . Among them, Regal Rexnord is the leader in the global market. In addition, local companies Wolong Electric and Weiguang Co., Ltd. are also leading in the Chinese market.
XINDA