Global Ceiling Fans Market Growth 2023-2029

Global Ceiling Fans Market Growth 2023-2029

Product Code:458452

Published Date: Feb 08,2023

Pages: 125

Region: Global

Category: Consumer Goods

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

SELECT A FORMAT

ADD TO BASKET

BUY NOW

Provide comprehensive and accurate analysis and reports according to your exact requirements

Provide comprehensive and accurate analysis and reports according to your exact requirements

CONTACT US

A ceiling fan is a mechanical fan, usually electrically powered, suspended from the ceiling of a room that uses hub-mounted rotating paddles to circulate air. A ceiling fan rotates much more slowly than an electric desk fan; it cools people effectively by introducing slow movement into the otherwise still, hot air of a room, inducing evaporative cooling. Fans never actually cool air, unlike air-conditioning equipment, but use significantly less power (cooling air is thermodynamically expensive). Conversely, a ceiling fan can also be used to reduce the stratification of warm air in a room by forcing it down to affect both occupants' sensations and thermostat readings, thereby improving climate control energy efficiency.

LPI (LP Information)' newest research report, the “Ceiling Fans Industry Forecast” looks at past sales and reviews total world Ceiling Fans sales in 2022, providing a comprehensive analysis by region and market sector of projected Ceiling Fans sales for 2023 through 2029. With Ceiling Fans sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ceiling Fans industry.

This Insight Report provides a comprehensive analysis of the global Ceiling Fans landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ceiling Fans portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ceiling Fans market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ceiling Fans and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ceiling Fans.

The global Ceiling Fans market size is projected to grow from US$ 4108.7 million in 2022 to US$ 4846 million in 2029; it is expected to grow at a CAGR of 4846 from 2023 to 2029.

Global Ceiling Fans key players include Panasonic, Crompton Greaves, Hunter Fan Company, Orient fans, SMC, etc. Global top five manufacturers hold a share about 25%. Asia-Pacific is the largest market, with a share about 45%, followed by North America, with a share about 20 percent. In terms of product, AC Ceiling Fans is the largest segment, with a share about 60%. And in terms of application, the largest application is Home, followed by Commercial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Ceiling Fans market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    AC Ceiling Fans
    DC Ceiling Fans

Segmentation by application
    Home
    Commercial

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Hunter Fan Company
    Casablanca
    Emerson Ceiling Fans
    Minka
    Monte Carlo
    Craftmade
    Litex
    Fanimation
    Kichler
    Panasonic
    Crompton Greaves
    Orient fans
    Usha
    Havells India
    SMC
    ACC
    Midea
    MOUNTAINAIR
    King of Fans, Inc
    Airmate

Key Questions Addressed in this Report
What is the 10-year outlook for the global Ceiling Fans market?
What factors are driving Ceiling Fans market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ceiling Fans market opportunities vary by end market size?
How does Ceiling Fans break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?