Electrical And Electronics

Global Household Type Fans Market Opportunities And Strategies – Forecast To 2030 – Includes Household Type Fans Market Size

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Growth of population globally is expected to drive the demand for household type fans going forward, as per The Business Research Company’s household type fans market opportunities and strategies report.

 

The household type fans market 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.

 

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Major players in the household type fans market include Midea, Crompton Greaves, Orient Electric, NuTone Inc, Havells India.

 

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.

 

The Global Household Type Fans Market Is Segmented:
By Type Of Product: Ceiling Fans, Table, Pedestal And Wall Fans, Exhaust Fans, Others

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 is the largest region in the global template market.

 

TBRC’s Household Type Fans Market Report Covers:

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 – Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides thorough household type fans market research, analyzes and forecasts household type fans market size, household type fans market share, household type fans market players, household type fans market trends, household type fans market segmentation 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.

 

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.

 

View Similar Reports From The Business Research Company:

Household Appliances Manufacturing Market

Household Fans Global Market Report 2022

Ceiling Fans Global Market Report 2022

 

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