India Ceiling Fan Market 2022-2027: Latest Updates, Industry Size, Share, Growth, Demand and Business Statistics

The latest report published by IMARC Group, titled "India Ceiling Fan Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on ceiling fan market in India. The report also includes competitor and regional analysis, and contemporary advancements in the market. The India ceiling fan market is expected to exhibit a CAGR of 2.60% during 2022-2027.

A ceiling fan is a mechanical system that is electronically powered and suspended from a ceiling to circulate air. It consists of an electric rotor that spins the blades connected to the main circular body. It is mounted with the help of a hook from the beam of the building. It creates a cooling effect by evaporating the sweat level and causing heat exchange by convection. Nowadays, it is available in standard, low profile, dual motor, and remote-control variants. It is generally used during humid summer days to keep the house dry. In India, ceiling fan is increasingly preferred by consumers due to its cost-effectiveness, high efficiency, better shelf-life, and low power consumption over air-conditioners.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Trends:

The market is primarily driven by rapid urbanization and significant growth of the construction industry in the new residential buildings. Besides this, the Government of India is taking several initiatives to invest in an increasing number of construction projects and develop smart cities, which is facilitating the demand for ceiling fans across the country. Furthermore, consumers are increasingly spending on the premium quality home décor, thus accelerating the overall product sales. Besides this, manufacturers are introducing technologically advanced smart fans that offer voice control features and connectivity access to phones and tablets. They are also incorporating additional features such as layered lighting fixtures and interchangeable blades, which is expanding their consumer base. Moreover, significant expansion in the retail and hospitality sectors, along with the easy availability of product variants through online retail channels, is creating a positive outlook for the market.

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India Ceiling Fan Market Segmentation:

Our report has categorized the market based on region, product type, fan size, distribution channel and end use.

Breakup by Product Type:
• Standard Fan
• Decorative Fan
• High Speed Fan
• Energy Saving Fan
• Others

Breakup by Fan Size:
• Small
• Medium
• Large

Breakup by Distribution Channel:
• Offline
• Online

Breakup by End Use:
• Residential
• Commercial
• Industrial

Breakup by Region:
• North India
• West and Central India
• South India
• East India

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

Other Reports of IMARC Group:

India Roofing Market: https://www.imarcgroup.com/india-roofing-market

India Organic Baby Skincare Market: https://www.imarcgroup.com/india-organic-baby-skincare-market

India Prepaid Cards Market: https://www.imarcgroup.com/india-prepaid-cards-market

India Machine Tools Market: https://www.imarcgroup.com/india-machine-tools-market

Indian Aluminium Powder Market: https://www.imarcgroup.com/indian-aluminium-powder-market

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