Press release
Global Ceiling Fans Market Growth, Share, Size, Trends, and Forecast (2023 - 2032) | include Emerson Electric Co., Del Mar Fans & Lighting, Crompton Greaves Consumer Electricals Limited, Shell Electric Mfg. (China) Co. Ltd., Broan-NuTone LLC
Ceiling Fans Market Report
As per the ceiling fans market report by The Business Research Company, the increasing growth of the construction industry is significantly contributing to the growth of the ceiling fans market. Construction is the process of building, altering, repairing, remodeling, improving, or demolishing any structure. Ceiling fans are helpful in the construction industry by introducing premium products such as decorative fans, and lighting fans, which offer higher margins, thereby increasing their profitability.
The global ceiling fans market size grew 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%.
Read More On The Ceiling Fans Market Report Here:
https://www.thebusinessresearchcompany.com/report/ceiling-fans-global-market-report
Major competitors 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, Minka Group, Ajanta Electricals, Big Ass Fans, Casablanca, The Henley Fan Company Ltd., Monte Carlo, Mega Home Appliances, and Havells India Ltd.
The ceiling fans market is segmented -
•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: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the ceiling fans market.
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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.
The Table Of Content For The Ceiling Fans Market Include:
1. Executive Summary
2. Ceiling Fans Market Characteristics
3. Ceiling Fans Market Trends And Strategies
4. Ceiling Fans Market - Macro Economic Scenario
5. Ceiling Fans Market Size And Growth
……
26. Africa Ceiling Fans Market
27. Ceiling Fans Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ceiling Fans Market
29. Ceiling Fans Market Future Outlook and Potential Analysis
30. Appendix
The "Global Ceiling Fans Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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