Industry

Middle East & Africa Ceiling Fans Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product (Standard and Decorative), Fan Size (Small, Medium, and Large), and End-User (Residential, Commercial, and Industrial)

Report Code : 

TIPRE00022109

No. of Pages : 95
Published Month : May 2021
Category : Consumer Goods

The ceiling fans market in MEA is expected to grow from US$ 1,444.39 million in 2019 to US$ 2,409.66 million by 2027; it is estimated to grow at a CAGR of 6.7% from 2020 to 2027.


Saudi Arabia, South Africa, and UAE are major economies in MEA. Rising demand for energy efficient fans is the major factor driving the MEA ceiling fans market. The increasing demand for energy-efficient fans is used in various end-user applications, ranging from ceiling fans for domestic use to multiple blade fans of varying sizes and dynamic airflow that are used in different industrial cooling equipment and efficient airflow. For instance, the modern generation BLDC fans are the best ceiling fans on the market right now. BLDC ceiling fans stand for Brushless direct current ceiling fans. They are reliable, cost-effective, long-term, high-performance, and smart. They do not have brushes in the engine; instead, they place magnets for the motor's synchronized operation. The motor is powered by direct current via an inverter or a switching power supply, making it efficient. Most BLDC ceiling fans have a 5-star rating of 25-40 watts of energy, which is about 40-70 percent lower than regular old fans.   

The ongoing COVID-19 pandemic is affecting the MEA region very badly. Among the MEA countries, South Africa has faced the highest COVID-19 cases. Other significant countries facing the economic impact of COVID-19 include Iran, Turkey, Saudi Arabia, Israel, Morocco, UAE, Qatar, Kuwait, Oman, and Egypt. The region comprises many growing economies such as UAE and Saudi Arabia, among others, which are prospective markets for ceiling fan providers, owing to the huge presence of diverse customer base for the consumer goods sector. In addition to this, the factory lockdowns, business shutdowns, and travel bans are further aggravating the economic problems of the countries in the MEA. Hence, the estimated decline in the region’s economic condition and impact of COVID-19 on the growth of various industries in the region is expected to negatively impact the development of the ceiling fans market in 2021.   

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA ceiling fans market. The MEA ceiling fans market is expected to grow at a good CAGR during the forecast period.


MEA Ceiling Fans Market Segmentation  


MEA Ceiling Fans Market – By Product

  • Standard
  • Decorative

MEA Ceiling Fans Market – By Fan Size

  • Small
  • Medium
  • Large

MEA Ceiling Fans Market – By End-User

  • Residential
  • Commercial
  • Industrial

MEA Ceiling Fans Market, by Country

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of MEA   

MEA Ceiling Fans Market - Companies Mentioned

  • Crompton Greaves Consumer Electricals Limited
  • Fantasia Ceiling Fans
  • Havells India Ltd.
  • Hunter Fan Company
  • Panasonic Corporation

Middle East & Africa Ceiling Fans Report Scope

Report Attribute Details
Market size in 2019 US$ 1,444.39 Million
Market Size by 2027 US$ 2,409.66 Million
Global CAGR (2020 - 2027) 6.7%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Product
  • Standard and Decorative
By Fan Size
  • Small
  • Medium
  • Large
By End-User
  • Residential
  • Commercial
  • Industrial
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Crompton Greaves Consumer Electricals Limited
  • Fantasia Ceiling Fans
  • Havells India Ltd.
  • Hunter Fan Company
  • Panasonic Corporation
    1. Crompton Greaves Consumer Electricals Limited
    2. Fantasia Ceiling Fans
    3. Havells India Ltd.
    4. Hunter Fan Company
    5. Panasonic Corporation
    • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA ceiling fans market
    • Highlights key business priorities in order to assist companies to realign their business strategies
    • The key findings and recommendations highlight crucial progressive industry trends in the MEA ceiling fans market, thereby allowing players across the value chain to develop effective long-term strategies
    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
    • Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the ceiling fans market, as well as those hindering it
    • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
    Download Sample