The Global Household Type Fans Market Report by The Business Research Company covers household type fans market drivers and restraints, household type fans market size, major players, and the impact of COVID-19 on the household type fans market.

The household fans manufacturing market consists of sales of household electric fans including ceiling fans, table fans, pedestal fans, exhaust fans and wall fans. Increased electrification especially in rural areas has contributed to the growth of the household fans market in the historic period.

The global household type fans market is expected to grow from $17.45 billion in 2020 to $19.11 billion in 2021 at a compound annual growth rate (CAGR) of 9.5%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $26.89 billion in 2025 at a CAGR of 9%.

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Some household type fans market trends include how manufacturers are increasingly producing energy-efficient products to reduce carbon footprint and enable energy savings for the consumers. The rise of energy-efficient appliances can be attributed to stringent government regulations on electric home appliances and advances in technology. Energy efficient fans are designed to utilize minimum energy. Currently, over 80 countries have standards and labels for energy efficient appliances.

Global household type fans market segments include:

1) By Type Of Product: Ceiling Fans, Table Fans, Pedestal Fans, Exhaust Fans, Wall Fans.

2) By Type of Current:  AC Residential Fans, DC Residential Fans

3) By Application: Home, Commercial.

4) By Distribution Channel: Store-based Retailing, Direct Sales, Non-Store-based Retailing.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The Household Type Fans Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides household type fans market overviews, analyzes and forecasts market size, share, household type fans market players, household type fans market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The household type fans market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Household Type Fans Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market 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, Airmate, NuTone, Shell Electric, Ajanta Electricals, Henley Fan Company Ltd.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Household Type Fans Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Household Type Fans Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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