Learn about the global Household Type Fans market through The Business Research Company, which provides information on household type fans market size, household type fans market drivers and restraints, household type fans market players, the COVID-19 impact on the household type fans market, and more.

The global household fans manufacturing market size is expected to grow from $27.44 billion in 2021 to $29.59 billion in 2022 at a compound annual growth rate (CAGR) of 7.8%.The growth in the market 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 household fans market is expected to reach $36.60 billion in 2026 at a CAGR of 5.5%.

Increased electrification especially in rural areas will contribute to the growth of the household fans market in the forecast period.

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The household fans manufacturing market consists of sales of household electric fans including ceiling fans, table fans, pedestal fans, exhaust fans and wall fans.

Global Household Type Fans Market Segments Include:

By Type of Product: Ceiling Fans, Table Fans, Pedestal Fans, Exhaust Fans, Wall Fans

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

By Application: Home, Commercial

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. Among these regions, Asia Pacific was the largest region in the household fans manufacturing market in 2021.

Household fan 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.

TBRC’s household type fans market report covers:

Major Market Players: Hunter Fan Company, Casablanca, Emerson Ceiling Fans, Minka, Monte Carlo, Craftmade, Litex, Fanimation, Kichler, Panasonic, and Crompton Greaves.

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 (2016-21) and ten years forecast (2022-2026-2031)

The Household Type Fans Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 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, leading competitor revenues, profiles and market shares.

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

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