Ceiling Fans Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product (Standard and Decorative), Fan Size Industry (Small, Medium, and Large), End User (Residential, Commercial, and Industrial), and Geography

Publication Month: Jan 2021 | Report Code: TIPRE00009703 | No. of Pages: 154 | Category: Consumer Goods | Status: Published

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The ceiling fans market was valued at US$ 10,189.33 million in 2019 and is projected to reach US$ 16,172.19 million by 2027; it is expected to grow at a CAGR of 6.0% from 2020 to 2027.

 

Ceiling fans facilitate air circulation and create a cooling effect by accelerating sweat evaporation and heat exchange through convection. Ceiling fans use considerably less power than air conditioning, and hence they are popular among middle-class populations. In addition to the cost benefits, they feature longer life span than air conditioners. Growing urbanization in emerging economies is promoting the establishment of new residential buildings. In addition, the increased spending on premium products of home décor is further propelling the demand for ceiling fans with new innovative features such as interchangeable blades and lighting fans, and smart fans with features such as voice control and connectivity access to tablets and smartphones.

 

In 2019, Asia Pacific held the largest share of the ceiling fans market. Rising urbanization and industrialization in developing countries such as India and China are playing a major role in the establishment of new residential buildings. Over the past few years, the public and private sector banks in these countries have been offering home loans with low down payments and reduced interest rates. Hence, customers are increasingly spending on purchasing stand-alone houses and flats. This trend of purchasing new residential properties has created immense opportunities for the ceiling fans market. Furthermore, ceiling fans contribute considerably to residential electricity consumption, especially in developing Asia Pacific countries with warm climates.  

 

As of December 2020, the US, Brazil, India, Russia, Spain, and the UK are among the worst-affected countries in terms confirmed cases and reported deaths caused by COVID-19. The pandemic has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Manufacturing industry is one the world’s major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. China, is a manufacturing hub and the largest raw material supplier for various industries, is also one of the countries that experienced early effects of this pandemic. The lockdown of various plants and factories in China affected the global supply chains and disrupted manufacturing and delivery schedules, and sales of various materials. Different companies have already made announcements regarding possible delays in product deliveries and slump in future sales of their products. In addition, travel bans imposed by countries in Europe, Asia, and North America are affecting the business collaborations and partnerships. These factors are limiting the growth of several industries, including the consumer electronics industry.

 

Ceiling Fans Market

Ceiling Fans Market

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Market Insights

Increase in Spending on Premium-Quality Decorative Items

Modern customers tend to spend on durable and attractive appliances. The increasing spending on high-quality home decor in different countries is expected to encourage the use of ceiling fans with added features such as layered light fixtures and interchangeable blades. Moreover, the increasing expenditure on interior decoration as a result of growing awareness regarding different designs for home as well as commercial spaces through robust campaigns on social media platforms, including Facebook, Pinterest, and Instagram, is expected to have a positive impact on the growth of the ceiling fans market. Companies are offering creative ceiling fans such as rustic ceiling fans, contemporary ceiling fans, black ceiling fans, fancy ceiling fans to improve the internal appeal of households. In urban areas, they are selling custom-made ceiling fans with 3 and 4 blades. Growing customer tendency of renovating their homes after a certain period propels the demand for various decorative ceiling fans. Globalization has led to a broader consumer market, which encourages easier product selection of a wide range of goods across multiple distribution networks.

 

Product Insights

Based on product, the ceiling fans market has been segmented into standard and decorative. The standard segment led the market in 2019. Standard Ceiling Fans are widely used in homes and offices. Available in different types, specifications, and designs, their height ranges from 40 cm to 140 cm. Flexibility is the key factor leading to the popularity of standard ceiling fans, and they can also be customized. These fans can be easily equipped with different accessories, such as remote control, pull cord, and customizable blades. They are most commonly used in living rooms, dining rooms, game rooms, master bedrooms, etc., and their most advanced models operate without creating any noise. Further, low prices and easy availability in individual stores and brand outlets also favor the growth of the market for the standard segment.

 

Fan Size Insights

Based on fan size, the ceiling fans market is segmented into small, medium, and large.The medium segment accounted for the largest share in the market in 2019. The sizes of a majority of medium-sized ceiling fans available vary in the range of 40–58 inch, and they work well for spaces of area 75–175 square feet. This includes spacious baths, large bedrooms, medium-sized living rooms, dining rooms, media rooms, and kitchens. These fans come in a wide variety of colors and design choices. Moreover, consumers tend to buy medium-sized models due to their easy availability in brick and mortar shops.

 

End User Insights

Based on end user, the ceiling fans market is segmented into residential, commercial, and industrial. The residential segment accounted for the largest share in the market in 2019. Ceiling fans help disperse cool air efficiently in summers and it is cost effective. These factors boost their use in the residential sector. Further, the market for this segment is driven by rising government initiatives toward household electrification, mainly in developing countries such as India and China.

 

Ceiling Fans Market, by End User – 2019 and 2027

Ceiling Fans Market, by End User – 2019 and 2027

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Strategic Insights

The players present in the ceiling fans market are implementing mergers and acquisitions, and research and development strategies to enlarge the customer base and to gain significant share in the global market, which also permits them to maintain their brand name globally.

 

Report Spotlights

  • Progressive industry trends in the ceiling fans market to help players develop effective long-term strategies

•   Business growth strategies adopted by companies in developed and developing markets

•   Quantitative analysis of the ceiling fans market from 2017 to 2027

•   Estimation of the demand for ceiling fans across various industries

•   PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry

•   Recent developments to understand the competitive market scenario and the demand for ceiling fans

•   Market trends and outlook, and factors driving and restraining the ceiling fans market growth

•   Understanding of strategies that underpin the global ceiling fans market growth, which assists stakeholders in decision-making

•   Ceiling fans market size at various nodes of market

•   Detailed overview and segmentation of the global market and industry dynamics.

•   Ceiling fans market size in various regions with promising growth opportunities

Ceiling Fans Market – By Product

  • Standard
  • Decorative

Ceiling Fans Market – By Fan Size

  • Small
  • Medium
  • Large

Ceiling Fans Market – By End User

  • Residential
  • Commercial
  • Industrial

Company Profiles

  • Big Ass Fans
  • Kichler Lighting LLC
  • Minka Lighting Inc.
  • Luminance Brands
  • Crompton Greaves Consumer Electricals Limited
  • Havells India Ltd.
  • Hunter Fan Company
  • Westinghouse Electric Corporation
  • Fantasia Ceiling Fans
  • Panasonic Corporation

 

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.             Key Takeaways

3.             Research Methodology

3.1       Scope of the Study

3.2       Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.             Ceiling Fan Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America

4.2.2        Europe

4.2.3        APAC

4.2.4        MEA

4.2.5        SAM

4.3       Ecosystem Analysis

4.4       Expert Opinion

5.             Ceiling Fan Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Surging Consumer Demand For Technologically Advanced Consumer Durables

5.1.2        Increase in spending on the premium quality decorative item

5.2       Market Restraint

5.2.1        Availability of substitute products

5.3       Market Opportunities

5.3.1        Increasing Urbanization in developing countries

5.4       Market Trends

5.4.1        Growing Demand For Energy Saving Fans

5.5       Impact Analysis Of Drivers And Restraints

6.             Ceiling Fan – Global Market Analysis

6.1       Ceiling Fan Market Overview

6.2       Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

6.3       Market Positioning – Key Market Players

7.             Ceilings Fans Market Analysis – By Product

7.1       Overview

7.2       Ceilings fans Market, By Product (2019 and 2027)

7.3       Standard

7.3.1        Overview

7.3.1.1      Standard : Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

7.4       Decorative

7.4.1        Overview

7.4.1.1      Decorative : Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

8.             Ceilings fans Market Analysis – By Fan Size

8.1       Overview

8.2       Ceilings fans Market, By Fan Size (2019 and 2027)

8.3       Small

8.3.1        Overview

8.3.1.1      Small : Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

8.4       Medium

8.4.1        Overview

8.4.1.1      Medium: Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

8.5       Large

8.5.1        Overview

8.5.1.1      Large: Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

9.             Ceilings fans Market Analysis – By End- User

9.1       Overview

9.2       Ceilings fans Market, By End- User (2019 and 2027)

9.3       Residential

9.3.1        Overview

9.3.1.1      Residential: Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

9.4       Commercial

9.4.1        Overview

9.4.1.1      Commercial: Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

9.5       Industrial

9.5.1        Overview

9.5.1.1      Industrial: Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

10.          Ceiling Fan Market – Geographic Analysis

10.1    Overview

10.2    North America: Ceiling Fan Market

10.2.1     North America: Ceiling Fan Market –Revenue and Forecast to 2027(US$ Million)

10.2.2     North America: Ceiling Fan Market, by Product

10.2.3     North America: Ceiling Fan Market, by Fan Size

10.2.4     North America: Ceiling Fan Market, by End-User

10.2.5     North America: Ceiling Fan Market, by Key Country

10.2.5.1    US: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.2.5.1.1    US: Ceiling Fan Market, by Product

10.2.5.1.2    US: Ceiling Fan Market, by Fan Size

10.2.5.1.3    US: Ceiling Fan Market, by End-User

10.2.5.2    Canada: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.2.5.2.1    Canada: Ceiling Fan Market, by Product

10.2.5.2.2    Canada: Ceiling Fan Market, by Fan Size

10.2.5.2.3    Canada: Ceiling Fan Market, by End-User

10.2.5.3    Mexico: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.2.5.3.1    Mexico: Ceiling Fan Market, by Product

10.2.5.3.2    Mexico: Ceiling Fan Market, by Fan Size

10.2.5.3.3    Mexico: Ceiling Fan Market, by End-User

10.3    Europe: Ceiling Fan Market

10.3.1     Europe: Ceiling Fan Market –Revenue and Forecast to 2027(US$ Million)

10.3.2     Europe: Ceiling Fan Market, by Product

10.3.3     Europe: Ceiling Fan Market, by Fan Size

10.3.4     Europe: Ceiling Fan Market, by End-User

10.3.5     Europe: Ceiling Fan Market, by Key Country

10.3.5.1    Germany: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.3.5.1.1    Germany: Ceiling Fan Market, by Product

10.3.5.1.2    Germany: Ceiling Fan Market, by Fan Size

10.3.5.1.3    Germany: Ceiling Fan Market, by End-user

10.3.5.2    France: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.3.5.2.1    France: Ceiling Fan Market, by Product

10.3.5.2.2    France: Ceiling Fan Market, by Fan Size

10.3.5.2.3    France: Ceiling Fan Market, by End-User

10.3.5.3    Italy: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.3.5.3.1    Italy: Ceiling Fan Market, by Product

10.3.5.3.2    Italy: Ceiling Fan Market, by Fan Size

10.3.5.3.3    Italy: Ceiling Fan Market, by End-User

10.3.5.4    United Kingdom: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.3.5.4.1    United Kingdom: Ceiling Fan Market, by Product

10.3.5.4.2    United Kingdom: Ceiling Fan Market, by Fan Size

10.3.5.4.3    United Kingdom: Ceiling Fan Market, by End-User

10.3.5.5    Russia: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.3.5.5.1    Russia: Ceiling Fan Market, by Product

10.3.5.5.2    Russia: Ceiling Fan Market, by Fan Size

10.3.5.5.3    Russia: Ceiling Fan Market, by End-User

10.3.5.6    Rest of Europe: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.3.5.6.1    Rest of Europe: Ceiling Fan Market, by Product

10.3.5.6.2    Rest of Europe: Ceiling Fan Market, by Fan Size

10.3.5.6.3    Rest of Europe: Ceiling Fan Market, by End-User

10.4    Asia Pacific: Ceiling Fan Market

10.4.1     Asia Pacific: Ceiling Fan Market –Revenue and Forecast to 2027(US$ Million)

10.4.2     Asia Pacific: Ceiling Fan Market, by Product

10.4.3     Asia Pacific: Ceiling Fan Market, by Fan Size

10.4.4     Asia Pacific: Ceiling Fan Market, by End-user

10.4.5     Asia Pacific: Ceiling Fan Market, by Key Country

10.4.5.1    Australia: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.4.5.1.1    Australia: Ceiling Fan Market, by Product

10.4.5.1.2    Australia: Ceiling Fan Market, by Fan Size

10.4.5.1.3    Australia: Ceiling Fan Market, by End-User

10.4.5.2    China: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.4.5.2.1    China: Ceiling Fan Market, by Product

10.4.5.2.2    China: Ceiling Fan Market, by Fan Size

10.4.5.2.3    China: Ceiling Fan Market, by End-Use

10.4.5.3    India: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.4.5.3.1    India: Ceiling Fan Market, by Product

10.4.5.3.2    India: Ceiling Fan Market, by Fan Size

10.4.5.3.3    India: Ceiling Fan Market, by End-User

10.4.5.4    Japan: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.4.5.4.1    Japan: Ceiling Fan Market, by Product

10.4.5.4.2    Japan: Ceiling Fan Market, by Fan Size

10.4.5.4.3    Japan: Ceiling Fan Market, by End-User

10.4.5.5    South Korea: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.4.5.5.1    South Korea: Ceiling Fan Market, by Product

10.4.5.5.2    South Korea: Ceiling Fan Market, by Fan Size

10.4.5.5.3    South Korea: Ceiling Fan Market, by End-User

10.4.5.6    Rest of Asia Pacific: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.4.5.6.1    Rest of Asia Pacific: Ceiling Fan Market, by Product

10.4.5.6.2    Rest of Asia Pacific: Ceiling Fan Market, by Fan Size

10.4.5.6.3    Rest of Asia Pacific: Ceiling Fan Market, by End-User

10.5    Middle East and Africa: Ceiling Fan Market

10.5.1     Middle East and Africa: Ceiling Fan Market –Revenue and Forecast to 2027(US$ Million)

10.5.2     Middle East and Africa: Ceiling Fan Market, by Product

10.5.3     Middle East and Africa: Ceiling Fan Market, by Fan Size

10.5.4     Middle East and Africa: Ceiling Fan Market, by End-User

10.5.5     Middle East and Africa: Ceiling Fan Market, by Key Country

10.5.5.1    South Africa: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.5.5.1.1    South Africa: Ceiling Fan Market, by Product

10.5.5.1.2    South Africa: Ceiling Fan Market, by Fan Size

10.5.5.1.3    South Africa: Ceiling Fan Market, by End-User

10.5.5.2    Saudi Arabia: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.5.5.2.1    Saudi Arabia: Ceiling Fan Market, by Product

10.5.5.2.2    Saudi Arabia: Ceiling Fan Market, by Fan Size

10.5.5.2.3    Saudi Arabia: Ceiling Fan Market, by End-user

10.5.5.3    UAE: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.5.5.3.1    UAE: Ceiling Fan Market, by Product

10.5.5.3.2    UAE: Ceiling Fan Market, by Fan Size

10.5.5.3.3    UAE: Ceiling Fan Market, by End-User

10.5.5.4    Rest of MEA: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.5.5.4.1    Rest of MEA: Ceiling Fan Market, by Product

10.5.5.4.2    Rest of MEA: Ceiling Fan Market, by Fan Size

10.5.5.4.3    Rest of MEA: Ceiling Fan Market, by End-User

10.6    South America: Ceiling Fan Market

10.6.1     South America: Ceiling Fan Market –Revenue and Forecast to 2027(US$ Million)

10.6.2     South America: Ceiling Fan Market, by Product

10.6.3     South America: Ceiling Fan Market, by Fan Size

10.6.4     South America: Ceiling Fan Market, by End-User

10.6.5     South America: Ceiling Fan Market, by Key Country

10.6.5.1    Brazil: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.6.5.1.1    Brazil: Ceiling Fan Market, by Product

10.6.5.1.2    Brazil: Ceiling Fan Market, by Fan Size

10.6.5.1.3    Brazil: Ceiling Fan Market, by End-User

10.6.5.2    Argentina: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.6.5.2.1    Argentina: Ceiling Fan Market, by Product

10.6.5.2.2    Argentina: Ceiling Fan Market, by Fan Size

10.6.5.2.3    Argentina: Ceiling Fan Market, by End-User

10.6.5.3    Rest of South America: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

10.6.5.3.1    Rest of South America: Ceiling Fan Market, by Product

10.6.5.3.2    Rest of South America: Ceiling Fan Market, by Fan Size

10.6.5.3.3    Rest of South America: Ceiling Fan Market, by End-User

11.          Impact of COVID-19 Pandemic on Global Ceiling Fans Market

11.1    Overview

11.2    North America: Impact Assessment of COVID-19 Pandemic

11.3    Europe: Impact Assessment of COVID-19 Pandemic

11.4    Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11.5    Middle East and Africa: Impact Assessment of COVID-19 Pandemic

11.6    South America: Impact Assessment of COVID-19 Pandemic

12.          Industry Landscape

12.1    Merger and Acquisition

12.2    New Development

13.          Company Profiles

13.1    Big Ass Fans

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2    Kichler Lighting LLC

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3    Minka Lighting Inc.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.4    Luminance Brands

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5    Crompton Greaves Consumer Electricals Limited

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.6    Havells India Ltd.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7    Hunter Fan Company

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8    Westinghouse Electric Corporation

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.9    Fantasia Ceiling Fans

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.10 Panasonic Corporation

13.10.1   Key Facts

13.10.2   Business Description

13.10.3   Products And Services

13.10.4   Financial Overview

13.10.5   SWOT Analysis

14.          Appendix

14.1    About The Insight Partners

14.2    Word Index

LIST OF TABLES

Table 1.             Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Table 2.             North America Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 3.             North America Ceiling Fan Market, by Fan Size– Revenue and Forecast to 2027 (USD Million)

Table 4.             North America Ceiling Fan Market, by End-User– Revenue and Forecast to 2027 (USD Million)

Table 5.             US Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 6.             US Ceiling Fan Market, by Fan Size– Revenue and Forecast to 2027 (USD Million)

Table 7.             US Ceiling Fan Market, by End-User– Revenue and Forecast to 2027 (USD Million)

Table 8.             Canada Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 9.             Canada Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 10.          Canada Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 11.          Mexico Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 12.          Mexico Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 13.          Mexico Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 14.          Europe Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 15.          Europe Ceiling Fan Market, by Fan Size– Revenue and Forecast to 2027 (USD Million)

Table 16.          Europe Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 17.          Germany Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 18.          Germany Ceiling Fan Market, by Fan Size– Revenue and Forecast to 2027 (USD Million)

Table 19.          Germany Ceiling Fan Market, by End-user – Revenue and Forecast to 2027 (USD Million)

Table 20.          France Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 21.          France Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 22.          France Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 23.          Italy Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 24.          Italy Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 25.          Italy Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 26.          United Kingdom Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 27.          United Kingdom Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 28.          United Kingdom Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 29.          Russia Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 30.          Russia Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 31.          Russia Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 32.          Rest of Europe Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 33.          Rest of Europe Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 34.          Rest of Europe Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 35.          Asia Pacific Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 36.          Asia Pacific Ceiling Fan Market, by Fan Size– Revenue and Forecast to 2027 (USD Million)

Table 37.          Asia Pacific Ceiling Fan Market, by End-User– Revenue and Forecast to 2027 (USD Million)

Table 38.          Australia Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 39.          Australia Ceiling Fan Market, by Fan Size– Revenue and Forecast to 2027 (USD Million)

Table 40.          Australia Ceiling Fan Market, by End-User– Revenue and Forecast to 2027 (USD Million)

Table 41.          China Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 42.          China Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 43.          China Ceiling Fan Market, by End-Use – Revenue and Forecast to 2027 (USD Million)

Table 44.          India Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 45.          India Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 46.          India Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 47.          Japan Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 48.          Japan Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 49.          Japan Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 50.          South Korea Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 51.          South Korea Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 52.          South Korea Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 53.          Rest of Asia Pacific Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 54.          Rest of Asia Pacific Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 55.          Rest of Asia Pacific Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 56.          Middle East and Africa Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 57.          Middle East and Africa Ceiling Fan Market, by Fan Size– Revenue and Forecast to 2027 (USD Million)

Table 58.          Middle East and Africa Ceiling Fan Market, by End-User– Revenue and Forecast to 2027 (USD Million)

Table 59.          South Africa Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 60.          South Africa Ceiling Fan Market, by Fan Size– Revenue and Forecast to 2027 (USD Million)

Table 61.          South Africa Ceiling Fan Market, by End-User– Revenue and Forecast to 2027 (USD Million)

Table 62.          Saudi Arabia Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 63.          Saudi Arabia Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 64.          Saudi Arabia Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 65.          UAE Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 66.          UAE Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 67.          UAE Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 68.          Rest of MEA Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 69.          Rest of MEA Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 70.          Rest of MEA Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 71.          South America Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 72.          South America Ceiling Fan Market, by Fan Size– Revenue and Forecast to 2027 (USD Million)

Table 73.          South America Ceiling Fan Market, by End-User– Revenue and Forecast to 2027 (USD Million)

Table 74.          Brazil Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 75.          Brazil Ceiling Fan Market, by Fan Size– Revenue and Forecast to 2027 (USD Million)

Table 76.          Brazil Ceiling Fan Market, by End-User– Revenue and Forecast to 2027 (USD Million)

Table 77.          Argentina Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 78.          Argentina Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 79.          Argentina Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 80.          Rest of South America Ceiling Fan Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 81.          Rest of South America Ceiling Fan Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 82.          Rest of South America Ceiling Fan Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 83.          List of Abbreviation

  

LIST OF FIGURES

Figure 1.           Ceiling Fan Market Segmentation

Figure 2.           Ceiling Fan Market Segmentation – By Geography

Figure 3.           Global Ceiling Fan Market Overview

Figure 4.           Residential Segment Held Largest Share of Global Ceiling Fan Market

Figure 5.           Asia Pacific Held Largest Share of Global Ceiling Fan Market

Figure 6.           Global Ceiling Fan Market, Industry Landscape

Figure 7.           Ecosystem Analysis

Figure 8.           Ceiling Fan Market Impact Analysis Of Driver And Restraints

Figure 9.           Geographic Overview of Ceiling Fan Market

Figure 10.        Global: Ceiling Fan Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        Ceilings fans Market Revenue Share, by Product (2019 and 2027)

Figure 12.        Standard : Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 13.        Decorative : Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 14.        Ceilings fans Market Revenue Share, by Fan Size (2019 and 2027)

Figure 15.        Small: Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 16.        Medium : Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 17.        Large: Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 18.        Ceilings fans Market Revenue Share, by End- User (2019 and 2027)

Figure 19.        Residential: Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 20.        Commercial: Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 21.        Industrial: Ceilings fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 22.        Global Ceiling Fan Market Revenue Share, by Region (2019 and 2027)

Figure 23.        North America: Ceiling Fan Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        North America: Ceiling Fan Market Revenue Share, by Product (2019 and 2027)

Figure 25.        North America: Ceiling Fan Market Revenue Share, by Fan Size (2019 and 2027)

Figure 26.        North America: Ceiling Fan Market Revenue Share, by End-User (2019 and 2027)

Figure 27.        North America: Ceiling Fan Market Revenue Share, by Key Country (2019 and 2027)

Figure 28.        US: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 29.        Canada: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 30.        Mexico: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 31.        Europe: Ceiling Fan Market – Revenue and Forecast to 2027 (US$ Million)

Figure 32.        Europe: Ceiling Fan Market Revenue Share, by Product (2019 and 2027)

Figure 33.        Europe: Ceiling Fan Market Revenue Share, by Fan Size (2019 and 2027)

Figure 34.        Europe: Ceiling Fan Market Revenue Share, by End-User (2019 and 2027)

Figure 35.        Europe: Ceiling Fan Market Revenue Share, by Key Country (2019 and 2027)

Figure 36.        Germany: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 37.        France: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 38.        Italy: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 39.        United Kingdom: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 40.        Russia: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 41.        Rest of Europe: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 42.        Asia Pacific: Ceiling Fan Market – Revenue and Forecast to 2027 (US$ Million)

Figure 43.        Asia Pacific: Ceiling Fan Market Revenue Share, by Product (2019 and 2027)

Figure 44.        Asia Pacific: Ceiling Fan Market Revenue Share, by Fan Size (2019 and 2027)

Figure 45.        Asia Pacific: Ceiling Fan Market Revenue Share, by End-User (2019 and 2027)

Figure 46.        Asia Pacific: Ceiling Fan Market Revenue Share, by Key Country (2019 and 2027)

Figure 47.        Australia: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 48.        China: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 49.        India: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 50.        Japan: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 51.        South Korea: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 52.        Rest of Asia Pacific: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 53.        Middle East and Africa: Ceiling Fan Market – Revenue and Forecast to 2027 (US$ Million)

Figure 54.        Middle East and Africa: Ceiling Fan Market Revenue Share, by Product (2019 and 2027)

Figure 55.        Middle East and Africa: Ceiling Fan Market Revenue Share, by Fan Size (2019 and 2027)

Figure 56.        Middle East and Africa: Ceiling Fan Market Revenue Share, by End-User (2019 and 2027)

Figure 57.        Middle East and Africa: Ceiling Fan Market Revenue Share, by Key Country (2019 and 2027)

Figure 58.        South Africa: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 59.        Saudi Arabia: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 60.        UAE: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 61.        Rest of MEA: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 62.        South America: Ceiling Fan Market – Revenue and Forecast to 2027 (US$ Million)

Figure 63.        South America: Ceiling Fan Market Revenue Share, by Product (2019 and 2027)

Figure 64.        South America: Ceiling Fan Market Revenue Share, by Fan Size (2019 and 2027)

Figure 65.        South America: Ceiling Fan Market Revenue Share, by End-User (2019 and 2027)

Figure 66.        South America: Ceiling Fan Market Revenue Share, by Key Country (2019 and 2027)

Figure 67.        Brazil: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 68.        Argentina: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 69.        Rest of South America: Ceiling Fan Market –Revenue and Forecast to 2027 (US$ Million)

Figure 70.        Impact of COVID-19 Pandemic in North American Country Markets

Figure 71.        Impact of COVID-19 Pandemic In Europe Country Markets

Figure 72.        Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 73.        Impact of COVID-19 Pandemic in Middle East And Africa Country Markets

Figure 74.        Impact of COVID-19 Pandemic In South America Country Markets

 

The List of Companies - Ceiling Fans Market

  1. Big Ass Fans
  2. Kichler Lighting LLC
  3. Minka Lighting Inc.
  4. Luminance Brands
  5. Crompton Greaves Consumer Electricals Limited
  6. Havells India Ltd.
  7. Hunter Fan Company
  8. Westinghouse Electric Corporation
  9. Fantasia Ceiling Fans
  10. Panasonic Corporation
  • Highlights key business priorities to assist companies realign their business strategies.

  • Features key findings and crucial progressive industry trends in the global Ceiling Fans market, thereby allowing players to develop effective long-term strategies.

  • Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.

  • Scrutinizes in-depth market trends as well as key market drivers and restraints.

  • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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Frequently Asked Questions

The major players operating in the global ceiling fans market are Big Ass Fans, Kichler Lighting LLC, Minka Lighting Inc., Luminance Brands, Crompton Greaves Consumer Electricals Limited, Havells India Ltd., Hunter Fan Company, Westinghouse Electric Corporation, Fantasia Ceiling Fans, Panasonic Corporation among others.

In 2019, Asia Pacific held the largest share of the global ceiling fans market. Rising urbanization and industrialization in developing countries such as India and China are anticipated to play a major role in establishing new residential buildings. Over the past few years, the public and private sector banks of these countries have been offering home loans with low down-payments and reduced interest rates. Hence, customers are increasingly spending on purchasing stand-alone houses and flats. This trend of purchasing new residential properties has created immense opportunities for the ceiling fans market and helped market expansion. Furthermore, ceiling fans contribute considerably to residential electricity consumption, especially in developing Asia Pacific countries with warm climates. A huge population coupled with warm weather conditions are majorly fueling the consumption of ceiling fans in the Asia Pacific region.

Residential area include single-family houses, multi-family residential or mobile homes, and others. Ceiling fans are available in a wide variety of sizes to accommodate very small rooms or large living areas and provide a simple way to make the home more comfortable. They provide a welcome breeze in the summer and disperse cool air efficiently. They can be used to force warm air down from the roof to the space in winter. Owing to these factors, they are widely used by residents. Further, the segment is driven by rising government initiatives on household electrification in the residential sector, mainly in developing countries, including India and China. The fast-changing temperature, coupled with the need for air circulation, is also driving the segment.

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