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Household Type Fans Global Market Report 2022, By Type Of Product, By Type of Current, By Application, By Distribution Channel

  • ID: 5562222
  • Report
  • March 2022
  • Region: Global
  • 175 Pages
  • The Business Research Company

FEATURED COMPANIES

  • ACC
  • Craftmade
  • Havells India
  • King of Fans
  • Monte Carlo
  • Panasonic
Household Type Fans Global Market Report 2022 from the publisher provides the strategists, marketers and senior management with the critical information they need to assess the global household type fans market as it emerges from the COVID-19 shut down.



Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates
  • Create regional and country strategies on the basis of local data and analysis
  • Identify growth segments for investment
  • Outperform competitors using forecast data and the drivers and trends shaping the market
  • Understand customers based on the latest market research findings
  • Benchmark performance against key competitors
  • Utilize the relationships between key data sets for superior strategizing
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the household type fans? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Household Type Fans market global report from the publisher answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider household type fans market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery
  • Market segmentations break down market into sub markets
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers
  • The household type fans market section of the report gives context. It compares the household type fans market with other segments of the household type fans market by size and growth, historic and forecast

Scope


Markets Covered:

1) By Type Of Product: Ceiling Fans; Table Fans; Pedestal Fans; Exhaust Fans; Wall Fans
2) By Type of Current: AC Residential Fans; DC Residential Fans
3) By Application: Home; Commercial
4) By Distribution Channel: Store-based Retailing; Direct Sales; Non-Store-based Retailing

Companies Mentioned: Hunter Fan Company; Casablanca; Emerson Ceiling Fans; Minka; Monte Carlo

Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; Australia

Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Time series: Five years historic and forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.


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Frequently Asked Questions about the Global Household Type Fans Market

What is the estimated value of the Global Household Type Fans Market?

The Global Household Type Fans Market was estimated to be valued at $29.6 billion in 2022.

What is the growth rate of the Global Household Type Fans Market?

The growth rate of the Global Household Type Fans Market is 5.5%, with an estimated value of $36.6 billion by 2026.

What is the forecasted size of the Global Household Type Fans Market?

The Global Household Type Fans Market is estimated to be worth $36.6 billion by 2026.

Who are the key companies in the Global Household Type Fans Market?

Key companies in the Global Household Type Fans Market include Hunter Fan Company, Casablanca, Emerson Ceiling Fans, Minka, Monte Carlo, Craftmade, Litex, Fanimation and Panasonic.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ACC
  • Craftmade
  • Havells India
  • King of Fans
  • Monte Carlo
  • Panasonic

1. Executive Summary2. Household Fans Market Characteristics3. Household Fans Market Trends And Strategies4. Impact Of COVID-19 On Household Fans
5. Household Fans Market Size And Growth
5.1. Global Household Fans Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Household Fans Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Household Fans Market Segmentation
6.1. Global Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Ceiling Fans
  • Table Fans
  • Pedestal Fans
  • Exhaust Fans
  • Wall Fans
6.2. Global Household Fans Market, Segmentation By Type of Current, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • AC Residential Fans
  • DC Residential Fans
6.3. Global Household Fans Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Home
  • Commercial
6.4. Global Household Fans Market, Segmentation By Distribution Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Store-based Retailing
  • Direct Sales
  • Non-Store-based Retailing

7. Household Fans Market Regional And Country Analysis
7.1. Global Household Fans Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Household Fans Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Household Fans Market
8.1. Asia-Pacific Household Fans Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Household Fans Market
9.1. China Household Fans Market Overview
9.2. China Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Household Fans Market
10.1. India Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Household Fans Market
11.1. Japan Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Household Fans Market
12.1. Australia Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Household Fans Market
13.1. Indonesia Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Household Fans Market
14.1. South Korea Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Household Fans Market
15.1. Western Europe Household Fans Market Overview
15.2. Western Europe Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Household Fans Market
16.1. UK Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Household Fans Market
17.1. Germany Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Household Fans Market
18.3. France Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Household Fans Market
19.1. Eastern Europe Household Fans Market Overview
19.2. Eastern Europe Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Household Fans Market
20.1. Russia Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Household Fans Market
21.1. North America Household Fans Market Overview
21.2. North America Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Household Fans Market
22.1. USA Household Fans Market Overview
22.2. USA Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Household Fans Market
23.1. South America Household Fans Market Overview
23.2. South America Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Household Fans Market
24.1. Brazil Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Household Fans Market
25.1. Middle East Household Fans Market Overview
25.2. Middle East Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Household Fans Market
26.1. Africa Household Fans Market Overview
26.2. Africa Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Household Fans Market Competitive Landscape And Company Profiles
27.1. Household Fans Market Competitive Landscape
27.2. Household Fans Market Company Profiles
27.2.1. Hunter Fan Company
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Casablanca
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Emerson Ceiling Fans
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Minka
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Monte Carlo
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
29. Key Mergers And Acquisitions In The Household Fans Market29. Household Fans Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright And Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ACC
  • Craftmade
  • Havells India
  • King of Fans
  • Monte Carlo
  • Panasonic
Major players in the household fans market are Hunter Fan Company, Casablanca, Emerson Ceiling Fans, Minka, Monte Carlo, Craftmade, Litex, Fanimation, Kichler, Panasonic, and Crompton Greaves.

The global household type fans market is expected to grow from $27.44 billion in 2021 to $29.59 billion in 2022 at a compound annual growth rate (CAGR) of 7.8%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $36.60 billion in 2026 at a CAGR of 5.5%.

The household fans manufacturing market consists of sales of household electric fans including ceiling fans, table fans, pedestal fans, exhaust fans and wall fans.

The main product types of household fans are ceiling fans, table fans, pedestal fans, exhaust fans and wall fans. A ceiling fan is a mechanical fan, usually electrically powered, suspended from a room's ceiling that circulates air via hub-mounted rotating paddles. Household fans use different types of current such as AC residential fans and DC residential fans. Fans are distributed through store-based retailing, direct sales and non-store-based retailing distribution channels that are used for home and commercial applications.

Asia Pacific was the largest region in the household fans market in 2021. Western Europe was the second-largest region in the household fans market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Increased electrification especially in rural areas will contribute to the growth of the household fans market in the forecast period. Electrification coupled with the rise in disposable income has boosted the demand for household fans. For example, in India, the percentage of rural population with access to electricity increased to 90% in 2019. The net disposable income of Per capita rose to $1,836.68 during the 2019-2020 period, exhibiting a spike of 6.8% compared to the previous period, with a growth rate of 10.0%. Rise in disposable income increased the purchasing power of the people which in turn has increased the market for household fans.

Increased tariffs on raw materials such as steel and aluminum will restrain the market for household fans in the forecast period. Steel and aluminum are predominantly used in manufacture of components such as blades for fans. Increasing import tariffs on raw materials such as steel hindered the market for household fans. For instance, in February 2020, USA administration decided to raise tariffs on derivative steel and aluminum imports by 25% and 10%, respectively.

Household fan manufacturers are increasingly producing energy-efficient products to reduce carbon footprint and enable energy savings for the 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. For example, in the USA, ENERGY STAR certified ceiling fans provide cutting edge design, use latest technology and are 60% more efficient than conventional ceiling fans.

In October 2019, Hunter Fan Company, manufacturer and distributer of fans has acquired Entrepreneurial Pursuits, Inc. for an undisclosed amount. This acquisition will help Hunter Fan Company to expand their product portfolio and allows the company to provide a more holistic solution to customers. Entrepreneurial Pursuits, Inc was engaged in manufacturing and distributing of fixed and rolling mount caged fan solutions for commercial and industrial uses.

The countries covered in the household fans market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Hunter Fan Company
  • Casablanca
  • Emerson Ceiling Fans
  • Minka
  • Monte Carlo
  • Craftmade
  • Litex
  • Fanimation
  • Kichler
  • Panasonic
  • Crompton Greaves
  • Orient fans
  • Usha
  • Havells India
  • SMC
  • ACC
  • Midea
  • MOUNTAINAIR
  • King of Fans
  • Airmate
  • NuTone
  • Shell Electric
  • Ajanta Electricals
  • Henley Fan Company Ltd.
Note: Product cover images may vary from those shown

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