Global Household Type Fans Market Overview And Prospects – Includes Household Type Fans Market Size
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 household type fans market size is expected to grow from $27.43 billion in 2021 to $36.60 billion in 2026 at a rate of 5.9%. The global household type fans market size is then expected to grow at a CAGR of 3.4% from 2026 and reach $43.29 billion in 2031.
Growth of population globally is expected to drive the demand for household type fans going forward.
Request A Sample For The Global Household Type Fans Market Report:
The household fans market consists of sales of household electric fans by entities (organizations, sole traders and partnerships) that produce household fans such as ceiling fans, table fans, pedestal fans, exhaust fans wall fans and others, to create a flow of air.
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 type fans market, accounting for 47.2% of the total in 2021.
Household fan manufacturers are increasingly producing energy-efficient products to reduce their carbon footprint and enable energy savings for 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: Midea, Crompton Greaves, Orient Electric, NuTone Inc, Havells India
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 Market Report 2022 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.
Here Is A List Of Similar Reports From The Business Research Company:
Interested To Know More About The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: