Press release
Global Ceiling Fan Market Value to Reach $ 12,293 Million by 2030, Driven by 5.82% CAGR: Markntel Advisors (Orient Electric, Havells India Ltd, Panasonic, Crompton Greaves)
The global ceiling fan market is witnessing significant growth, propelled by the increasing demand for energy-efficient cooling solutions and advancements in smart home technologies. This market is anticipated to expand from an estimated USD 12,293 million in 2024 to a projected USD 17,263 million by 2030, with a compound annual growth rate (CAGR) of 5.82%. Factors such as rising temperatures due to global warming, increasing urbanization, and government initiatives supporting energy efficiency are fostering a robust market environment.
@Get No Cost Report free Sample PDF Copy - https://www.marknteladvisors.com/query/request-sample/ceiling-fan-market.html
Global Ceiling Fan Market Size, Revenue, and Key Statistics
• Projected market growth from USD 12,293 Million in 2024 to USD 17,263 Million by 2030.
• CAGR of 5.82% forecasted for 2025-30, driven by smart fan demand.
• Asia-Pacific holds 52% of the global market share in 2024.
• Standard fans dominate with a 42% market share in various applications.
• Online sales growing but offline remains dominant at 71% market share.
Market Dynamics: -
1.) Key Factor Drive Ceiling Fan Market Growth
The booming residential sector drives ceiling fan demand, fueled by increased investments, higher disposable incomes, and the migration of rural populations to urban areas seeking better lifestyles. Countries like the US, China, and India are experiencing housing booms, with numerous initiatives promoting affordable housing, highlighting the growing need for efficient cooling solutions like ceiling fans.
2.) Global Ceiling Fan Market Opportunity
Consumers are increasingly opting for sustainable energy solutions due to environmental concerns. Brushless DC ceiling fans, which utilize efficient motors, significantly reduce energy consumption-saving about 65%-and lower electricity bills. Supported by various green initiatives, these fans provide a promising market opportunity for eco-friendly ceiling fan manufacturers.
3.) Upcoming Industry Growth Challenge
Rising temperatures have led many to adopt advanced cooling systems like HVAC, which offer superior comfort and efficiency. These systems regulate indoor air quality, prevent the spread of airborne illnesses, and are preferred across commercial and healthcare sectors, presenting a significant challenge to the traditional ceiling fan market.
4.) Global Market Trend
Advancements in artificial intelligence (AI) and machine learning (ML) are transforming ceiling fans into smart devices. These fans can automatically adjust settings based on user preferences, and can be controlled remotely via smartphones. Companies like Orient Electric and Havells India are capitalizing on this trend by introducing smart ceiling fans, integrating them into the growing smart home ecosystem.
@View Full Research Report - https://www.marknteladvisors.com/research-library/ceiling-fan-market.html
Key Player: List of Top Ceiling Fan Manufacture Companies Worldwide
• Crompton Greaves Consumer Electricals Limited
• Orient Electric
• Havells India Ltd.
• Hunter Fan Company, LLC
• The Henley Fan Company
• Mega Home Appliances
• Emerson Electric Co.
• Shell Electric Holdings Limited
• Fantasia Ceiling Fans
• NuTone LLC
• Casablanca Fan Company
• Minka Group
• Monte Carlo Fan Company
• Panasonic Corporation
• Other
Global Ceiling Fan Market Segment and Regional Breakdown
• By Type (Standard Fan, Decorative Fan, Energy Saving Fan, Others)
• By Technology (Conventional, Smart)
• By Application (Residential, Commercial)
• By Distribution Channel (Offline, Online)
• By Region (North America, South America, Europe, Middle East and Africa, Asia-Pacific)
- Offline Mode is the Most Preferred Distribution Channel Segment
The offline distribution channel dominates the ceiling fan market with 71% share, thanks to immediate product access, expert assistance, and the ability to inspect quality. This reduces the chances of returns and sca ms, making it a preferred choice for consumers over online purchases.
- Asia-Pacific Region Taken the 52% of Global Ceiling Fan Market Share
The Asia-Pacific region leads the global ceiling fan market with a 52% share, driven by strong cooling solutions, rapid urbanization, and government initiatives. Rising temperatures and low HVAC penetration increase the demand for cost-effective fans, supported by local manufacturers and rural electrification efforts in countries like India and China.
Looking for Regional or country-specific reports on this Market? Visit our website - https://www.marknteladvisors.com/query/request-customization/ceiling-fan-market.html
Ceiling Fan Market Analysis Report: List of Tables
• Table 1: Global Ceiling Fan Market Size & Analysis (2020-2030F) - By Revenue (USD Million)
• Table 2: Global Ceiling Fan Market Share & Analysis - By Type
• Table 3: Standard Fan Market Size & Forecast (2020-2030) - USD Million
• Table 4: Decorative Fan Market Size & Forecast (2020-2030) - USD Million
• Table 5: Energy Saving Fan Market Size & Forecast (2020-2030) - USD Million
• Table 6: Global Ceiling Fan Market Dynamics - Growth Drivers & Challenges
• Table 7: North America Ceiling Fan Market Size & Analysis (2020-2030F) - By Revenue (USD Million)
• Table 8: Europe Ceiling Fan Market Market Size & Analysis (2020-2030F) - By Revenue (USD Million)
• Table 9: Asia-Pacific Ceiling Fan Market Size & Analysis (2020-2030F) - By Revenue (USD Million)
• Table 10: Competitive Outlook of Key Companies in the Ceiling Fan Market
• Table 11: Market Size & Growth Forecast by Application for Global Ceiling Fan Market
• Table 12: Revenue Shares of Major Companies in the Ceiling Fan Market
• Table 13: Market Size & Forecast by Distribution Channel for Global Ceiling Fan Market
• Table 14: Regional Breakdown of Ceiling Fan Market Size (2020-2030F)
• Table 15: Market Size & Analysis for Specific Countries (e.g., Brazil, India, etc.)
Ceiling Fan Market Analysis Report: List of Figures
• Figure 1: Global Ceiling Fan Market Growth Trends & Developments
• Figure 2: Comparison of Different Types of Ceiling Fans
• Figure 3: Ceiling Fan Market Dynamics Overview
• Figure 4: North America Ceiling Fan Market Outlook 2020-2030F - Revenue Forecast
• Figure 5: European Ceiling Fan Market Share by Type
• Figure 6: Distribution Channel Analysis for Ceiling Fans
• Figure 7: Application Segmentation in the Global Ceiling Fan Market
• Figure 8: Key Strategic Imperatives for Growth in the Ceiling Fan Market
• Figure 9: Competitive Landscape of Major Ceiling Fan Companies
• Figure 10: Regional Market Overview for Ceiling Fans
Other Report Topics
• United States (US) Durian Fruit Market - https://finance.yahoo.com/news/united-states-us-durian-fruit-053300171.html
• Global Open Banking Market - https://finance.yahoo.com/news/global-open-banking-market-size-052500116.html
Contact Us:
MarkNtel Advisors LLP
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
For Sales Enquiries: sales@marknteladvisors.com
About US:
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Ceiling Fan Market Value to Reach $ 12,293 Million by 2030, Driven by 5.82% CAGR: Markntel Advisors (Orient Electric, Havells India Ltd, Panasonic, Crompton Greaves) here
News-ID: 4068355 • Views: …
More Releases from MarkNtel Advisors LLP
Traction Control System Market Revenue Projected to Hit USD 58.6 Billion by 2030 …
The Global Traction Control System Market is projected to grow significantly from USD 38.7 billion in 2023 to USD 58.6 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 5.9%. This report provides a comprehensive analysis of the growth constraints, drivers, and opportunities while emphasizing technological advancements and the increasing demand for vehicle safety. Our detailed segmentation covers components, types, vehicle categories, and regional insights, essential for stakeholders…
India Pan Masala Market Expected to Reach USD 4.26 Billion by 2030 Amidst Rising …
The India Pan Masala Market, valued at approximately USD 3.52 billion in 2024, is anticipated to grow to USD 4.26 billion by 2030, expanding at a CAGR of roughly 3.23% during 2025-30, according to a recent report by MarkNtel Advisors. This growth is primarily driven by rising disposable incomes, increasing consumer preference for healthier alternatives to traditional pan masala, supportive government policies, aggressive advertising, celebrity endorsements, premium product offerings, a…
India EV Market to Reach USD 23.52 Bn by 2030 at 28.52% CAGR; Key Players Includ …
The Indian Electric Vehicle (EV) market is undergoing a transformative phase, with the industry anticipated to experience unprecedented growth in the coming years. Valued at approximately USD 5.22 billion in 2024, the market is set to skyrocket to an estimated USD 23.52 billion by 2030, marking a compound annual growth rate (CAGR) of around 28.52% during the forecast period of 2025 to 2030. This growth trajectory is supported by several…
Fake Image Detection Market Valuation to Reach USD 4.9 Billion by 2030: MarkNtel …
Market Overview
According to a recent market research publication by MarkNtel Advisors, the Global Fake Image Detection Market is on an aggressive growth trajectory. Valued at approximately USD 0.6 billion in 2024, the market is projected to hit USD 4.9 billion by 2030, expanding at an estimated compound annual growth rate (CAGR) of 42% during the 2025-2030 forecast period.
This exponential growth reflects the increasing global urgency to detect and mitigate the…
More Releases for Fan
BLAST PERSONAL FAN REVIEW 2021 {UPDATE} Does Blast Auxiliary Neck Fan Work?
blast Personal Fan (also called blast auxiliary Neck fan) This recently released blast personal fan reviews report explains some important facts that any prospective blast auxiliary neck fan buyer should read before making a purchase choice for this popular blast personal fan in the United States of America.
Summer is officially here, and the heat it brings is exceedingly uncomfortable, undesired, and aggravating for everyone. Things may get extremely challenging for…
Blast Auxillary Personal Fan Review: Shocking Truth About The Blast Personal Fan …
Blast Auxiliary Personal Fan is a new technology that has been introduced with the aim of helping people get through the nasty summer heat. According to the official website, this portable cooling fan can be carried anywhere with ease, even outdoors, this is to ensure that you keep your body temperature cool even when it’s boiling outside.
Last summer, I was transferred to Arizona to handle a project. It was my…
DivinAir mask fan Reviews-Does DivinAir Face Mask Fan Work-Complete Info
DivinAir Mask Fan: If you’re something like me, you probably aren’t a massive fan of having to wear face mask all the time. I suggest, I get it, we should all be growing behavior that take the fitness and safety of ourselves and others severely, but wow, I simply certainly don’t like them. They make breathing tough! Breathing must be easy, shouldn’t it?
And I locate I frequently sweat underneath my…
Global Home Ceiling Fan Market 2020 Business Strategies – Fanimation, Casablan …
The market report titled “U.S. Home Ceiling Fan Market by Type (Decorative, Energy Saver, High Speed, Designed With Light, Four Blade and Others) – U.S. Industry Perspective, Comprehensive Analysis, and Forecast, 2015 – 2021” and published by Zion Market Research will put forth a systematizedevaluation of the vital facets of the global Home Ceiling Fan Market market. The report willfunction as a medium for the better assessment of the existing…
Global Home Ceiling Fan Market 2018 |Growth With Top Manufactures: Fanimation, C …
Research Reports Inc added new report ‘Global Home Ceiling Fan Market Growth 2018-2023’which includes market scope, Trends, Research methodology & outlook.
The major component of Home Ceiling Fan is mounting hardware, patented EC motor, airfoils, LED mount, patented LED module and lens diffuser. Different types of ceiling fans can be selected depending on the size of the room. There are many types and styles of ceiling fans.
Get Sample Copy…
Explosion-proof Fan Market to Witness Huge Growth by 2025 | Panasonic, Cincinnat …
HTF MI recently introduced Global Explosion-proof Fan Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are CCI Thermal Technologies, Elektror, Rosenberg Ventilatoren GmbH, Americraft Manufacturing, Panasonic, Cincinnati…
