The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increasing growth of the construction industry are expected to drive innovation in ceiling fans manufacturing, thus driving the market during the forecast period.

The global ceiling fans market is expected to grow from $9.48 billion in 2022 to $10.09 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The ceiling fans market size is expected to grow to $11.61 billion in 2027 at a CAGR of 3.6%.

Get A Free Sample On The Global Ceiling Fans Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6323&type=smp

Global Ceiling Fans Market Segments Include:

• By Type: Standard Fan, Decorative Fan, High Speed Fan, Energy Saving Fan, Other Types
• By End Use: Residential, Commercial
• By Distribution: Offline, Online
• 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 ceiling fans market in 2021.

Major Market Players in the ceiling fans market include Emerson Electric Co., Del Mar Fans & Lighting, Crompton Greaves Consumer Electricals Limited, Shell Electric Mfg. (China) Co. Ltd., Broan-NuTone LLC.

The introduction of air-purifying ceiling fans has emerged as a key trend gaining popularity in the ceiling fans market. Companies operating in ceiling fans are introducing innovative products to meet consumer demand and strengthen their position. For instance, in March 2022, Havells India Limited, an Indian electrical equipment company, launched a Stealth Puro Air, India’s first air purifying ceiling fan with a three-stage air purifier that filters PM2.5 and PM10 pollution, as well as Volatile organic compounds (VOCs). It offers a Clean Air Delivery Rate (CADR) of 130 cubic meters per hour. Stealth Puro Air is designed to promote a healthy lifestyle while also providing excellent comfort and well-being in the fast-paced lives of consumers.

The Ceiling Fans Global Market Report 2023  provides a ceiling fans market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The ceiling fans market forecast analyzes ceiling fans market size, ceiling fans market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A ceiling fan is a device suspended from the ceiling of a room, with hub-mounted rotating blades that circulate the air, thereby producing a cooling effect. They have a better shelf-life, low power consumption, and are cost-effective. It is used to evenly distribute and circulate the air that’s in the room and to improve the décor of the rooms.

Explore Similar Reports From The Business Research Company:

Household Type Fans Global Market Report 2023

Household Fans Global Market Report 2023

Ceiling Tile Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: