Feb 23, 2021   SOURCE: BusinessWire

Worldwide Ceiling Fan Industry to 2026 - Featuring Emerson Electric, Hunter Fan & Crompton Greaves Among Others - ResearchAndMarkets.com

The "Ceiling Fan Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The global ceiling fan market reached a value of US$ 9.33 Billion in 2020. Looking forward, the publisher expects the global ceiling fan market to reach a value of US$ 12.02 Billion by 2026, exhibiting a CAGR of 4.21% during 2021-2026.

Ceiling fans refer to electrically powered mechanical devices that are suspended from the ceiling of a room to circulate air. They induce evaporative cooling and slow movement into the still, thereby cooling the hot air in the room effectively. Ceiling fans have hub-mounted rotating paddles which move much slower when compared with electric desk fans. They are highly preferred by consumers due to their advantageous properties over air-conditioners like high energy-efficiency, better shelf-life, low power consumption and cost-effectiveness.

Global Ceiling Fan Market Drivers:

  • Growth in the housing sector is boosting the demand for ceiling fans, especially in the developing economies. For instance, the governments of China and India are coming up with new schemes to provide shelter to the low- and middle-income groups. In addition to this, development in the commercial real estate, hospitality and retail sectors are bolstering the market growth.
  • The demand for ceiling fans has been rapidly increasing due to rising income levels of the consumers and increasing availability of electricity. Moreover, manufacturers are introducing premium products such as lighting fans, decorative fans, etc. which offer higher margins, thereby increasing their profitability.
  • The governments of various emerging countries have set up the goal of providing electricity to the remote rural areas which is expected to influence the demand for ceiling fans in the upcoming future. For instance, India has aimed to supply electricity to more than a million households.

Some of the leading players in the market are:

  • Emerson Electric Co.
  • Hunter Fan
  • Crompton Greaves
  • Shell Electric MFG Co. Ltd.
  • NuTone

Key Questions Answered in This Report:

1. What will be the ceiling fan market outlook during the forecast period (2021-2026)?

2. What are the global ceiling fan market drivers?

3. What are the major trends in the global ceiling fan market?

4. What is the impact of COVID-19 on the global ceiling fan market?

5. What was the global ceiling fan market size in 2020?

6. What is the global ceiling fan market breakup by end-use?

7. What is the global ceiling fan market breakup by type?

8. What is the global ceiling fan market breakup by fan size?

9. What is the global ceiling fan market breakup by distribution channel?

10. What are the major regions in the global ceiling fan market?

11. Who are the leading ceiling fan manufacturers?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Ceiling Fan Industry

5.1 Market Overview

5.2 Market Performance

5.2.1 Volume Trends

5.2.2 Value Trends

5.3 Impact of COVID-19

5.4 Price Analysis

5.5 Market Breakup by Region

5.6 Market Breakup by End-Use

5.7 Market Breakup by Product Type

5.8 Market Breakup by Fan Size

5.9 Market Breakup by Distribution Channel

5.10 Market Forecast

5.11 SWOT Analysis

5.12 Value Chain Analysis

5.13 Porter's Five Forces Analysis

5.14 Key Market Drivers and Success Factors

6 Performance of Key Regions

6.1 China

6.2 India

6.3 European Union

6.4 United States

6.5 Brazil

6.6 Others

7 Market Breakup by End-Use

7.1 Residential

7.2 Commercial

7.3 Industrial

8 Market Breakup by Product Type

8.1 Standard Fan

8.2 Decorative Fan

8.3 High Speed Fan

8.4 Energy Saving Fan

8.5 Others

9 Market Breakup by Fan Size

9.1 Small

9.2 Medium

9.3 Large

10 Market Breakup by Distribution Channel

10.1 Offline

10.1.1 Market Trends

10.1.2 Market Forecast

10.2 Online

10.2.1 Market Trends

10.2.2 Market Forecast

11 Ceiling Fan Manufacturing Process

11.1 Product Overview

11.2 Manufacturing Process

11.3 Detailed Process Flow

11.4 Mass Balance and Feedstock Conversion Rate

11.5 Raw Material Requirements

12 Project Details, Requirements and Costs Involved

12.1 Land Requirements and Expenditures

12.2 Construction Requirements and Expenditures

12.3 Plant Machinery

12.4 Raw Material Requirements and Expenditures

12.5 Packaging Requirements and Expenditures

12.6 Transportation Requirements and Expenditures

12.7 Utility Requirements and Expenditures

12.8 Manpower Requirements and Expenditures

12.9 Other Capital Investments

13 Loans and Financial Assistance

14 Project Economics

14.1 Capital Cost of the Project

14.2 Techno-Economic Parameters

14.3 Product Pricing and Margins Across Various Levels of the Supply Chain

14.4 Income Projections

14.5 Expenditure Projections

14.6 Taxation and Depreciation

14.7 Financial Analysis

14.8 Profit Analysis

15 Key Player Profiles

For more information about this report visit https://www.researchandmarkets.com/r/oo4r5z