Global Smart Ceiling Fans Market to Reach $59.3 Million by 2030
The global market for Smart Ceiling Fans estimated at US$38.8 Million in the year 2022, is projected to reach a revised size of US$59.3 Million by 2030, growing at a CAGR of 5.5% over the analysis period 2022-2030. Residential, one of the segments analyzed in the report, is projected to record 5.4% CAGR and reach US$48.8 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Commercial segment is readjusted to a revised 5.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $11.6 Million, While China is Forecast to Grow at 5.1% CAGR
The Smart Ceiling Fans market in the U.S. is estimated at US$11.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$10.4 Million by the year 2030 trailing a CAGR of 5.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.Select Competitors (Total 46 Featured) -
- Big Ass Fans
- Emerson Electric Co.
- Fanimation
- Havells India Ltd.
- Hunter Fan Co.
- Insteon
- LG Electronics, Inc.
- Minka Lighting, Inc.
- Modern Forms
- Oceco Energy Pvt., Ltd.
- Orient Electric Limited
- Ottomate International
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Big Ass Fans
- Emerson Electric Co.
- Fanimation
- Havells India Ltd.
- Hunter Fan Co.
- Insteon
- LG Electronics, Inc.
- Minka Lighting, Inc.
- Modern Forms
- Oceco Energy Pvt., Ltd.
- Orient Electric Limited
- Ottomate International
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 296 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 38.8 Million |
Forecasted Market Value ( USD | $ 59.3 Million |
Compound Annual Growth Rate | 5.4% |
Regions Covered | Global |