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.
According to our (Global Info Research) latest study, the global Ceiling Fans market size was valued at USD 4321.6 million in 2022 and is forecast to a readjusted size of USD 5033.1 million by 2029 with a CAGR of 2.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
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This report is a detailed and comprehensive analysis for global Ceiling Fans market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Market Segmentation
Ceiling Fans market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
AC Ceiling Fans
DC Ceiling Fans
Market segment by Application
Home
Commercial
Major players covered
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
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ceiling Fans
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Ceiling Fans product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Ceiling Fans, with price, sales, revenue and global market share of Ceiling Fans from 2018 to 2023.
Chapter 3, the Ceiling Fans competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Ceiling Fans breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Ceiling Fans market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Ceiling Fans.
Chapter 14 and 15, to describe Ceiling Fans sales channel, distributors, customers, research findings and conclusion.
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