Household Type Fans Market Growth Analysis And Indications – Includes Household Type Fans Market Size
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Major players in the household type fans market include Midea, Crompton Greaves, Orient Electric, NuTone Inc, Havells India.
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The household type fans market is expected to reach from $27.43 billion in 2021 to $36.60 billion in 2026 at a rate of 5.9%. The 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.
Asia-Pacific was the largest region in the household type fans market.
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.
Growth of population globally is expected to drive the demand for household type fans going forward.
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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 Segments:
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: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Household Type Fans Market Report 2022–Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides an overview of the household type fans market globally and regionally, analyzes and forecasts market size, share, household type fans market players, household type fans market segments, leading competitor revenues, profiles and market shares.
Here Is A List Of Similar Reports From The Business Research Company:
Fans and Blowers Global Market Report 2022
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Household Fans Global Market Report 2022
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