Middle East & Africa Ceiling Fans Market Size and Competitive Analysis by 2027

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