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PUBLISHER: TechNavio | PRODUCT CODE: 1453821

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PUBLISHER: TechNavio | PRODUCT CODE: 1453821

Global Electric Fan Market 2024-2028

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PAGES: 169 Pages
DELIVERY TIME: 1-2 business days
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Global Electric Fans Market 2024-2028

The electric fans market is forecasted to grow by USD 5.37 bn during 2023-2028, accelerating at a CAGR of 5.6% during the forecast period. The report on the electric fans market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by cost-effective supply chain of electric fans, rising demand for premium fans, and growth of housing sector.

Market Scope
Base Year2024
End Year2028
Series Year2024-2028
Growth MomentumAccelerate
YOY 20244.96%
CAGR5.6%
Incremental Value$5.37bn

Technavio's electric fans market is segmented as below:

By Distribution Channel

  • Offline
  • Online

By Product

  • Ceiling fans
  • Door fans
  • Wall-mounted fans

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa

This study identifies the increasing product innovations in electric fan market as one of the prime reasons driving the electric fans market growth during the next few years. Also, growing emphasis on eco-friendly fans and rising demand for customized fans will lead to sizable demand in the market.

The report on the electric fans market covers the following areas:

  • Electric fans market sizing
  • Electric fans market forecast
  • Electric fans market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric fans market vendors that include 1STOPlighting, Bajaj Electricals Ltd., Centek Industries, Crompton Greaves Consumer Electricals Ltd., Dyson Group Co., Emerson Electric Co., Ferguson plc, Godrej and Boyce Manufacturing Co. Ltd., Griffon Corp., Havells India Ltd., Lasko Products LLC, LG Electronics Inc., Matthews Fan Co., Midea Group Co. Ltd., Orient Electric Ltd, Orpat Group, Panasonic Holdings Corp., Swan Products Ltd., Voltas Ltd., and Westinghouse Electric Corp.. Also, the electric fans market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR40168

Table of Contents

1 Executive Summary

  • 1.1 Market overview

2 Market Landscape

  • 2.1 Market ecosystem

3 Market Sizing

  • 3.1 Market definition
  • 3.2 Market segment analysis
  • 3.3 Market size 2023
  • 3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

  • 4.1 Global electric fan market 2018 - 2022
  • 4.2 Distribution Channel Segment Analysis 2018 - 2022
  • 4.3 Product Segment Analysis 2018 - 2022
  • 4.4 Geography Segment Analysis 2018 - 2022
  • 4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

  • 5.1 Five forces summary
  • 5.2 Bargaining power of buyers
  • 5.3 Bargaining power of suppliers
  • 5.4 Threat of new entrants
  • 5.5 Threat of substitutes
  • 5.6 Threat of rivalry
  • 5.7 Market condition

6 Market Segmentation by Distribution Channel

  • 6.1 Market segments
  • 6.2 Comparison by Distribution Channel
  • 6.3 Offline - Market size and forecast 2023-2028
  • 6.4 Online - Market size and forecast 2023-2028
  • 6.5 Market opportunity by Distribution Channel

7 Market Segmentation by Product

  • 7.1 Market segments
  • 7.2 Comparison by Product
  • 7.3 Ceiling fans - Market size and forecast 2023-2028
  • 7.4 Door fans - Market size and forecast 2023-2028
  • 7.5 Wall-mounted fans - Market size and forecast 2023-2028
  • 7.6 Market opportunity by Product

8 Customer Landscape

  • 8.1 Customer landscape overview

9 Geographic Landscape

  • 9.1 Geographic segmentation
  • 9.2 Geographic comparison
  • 9.3 APAC - Market size and forecast 2023-2028
  • 9.4 Europe - Market size and forecast 2023-2028
  • 9.5 North America - Market size and forecast 2023-2028
  • 9.6 South America - Market size and forecast 2023-2028
  • 9.7 Middle East and Africa - Market size and forecast 2023-2028
  • 9.8 US - Market size and forecast 2023-2028
  • 9.9 China - Market size and forecast 2023-2028
  • 9.10 Germany - Market size and forecast 2023-2028
  • 9.11 UK - Market size and forecast 2023-2028
  • 9.12 Canada - Market size and forecast 2023-2028
  • 9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape
  • 11.3 Landscape disruption
  • 11.4 Industry risks

12 Vendor Analysis

  • 12.1 Vendors covered
  • 12.2 Market positioning of vendors
  • 12.3 1STOPlighting
  • 12.4 Bajaj Electricals Ltd.
  • 12.5 Crompton Greaves Consumer Electricals Ltd.
  • 12.6 Dyson Group Co.
  • 12.7 Emerson Electric Co.
  • 12.8 Ferguson plc
  • 12.9 Griffon Corp.
  • 12.10 Havells India Ltd.
  • 12.11 Lasko Products LLC
  • 12.12 LG Electronics Inc.
  • 12.13 Midea Group Co. Ltd.
  • 12.14 Orient Electric Ltd
  • 12.15 Orpat Group
  • 12.16 Panasonic Holdings Corp.
  • 12.17 Swan Products Ltd.

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist
  • 13.3 Currency conversion rates for US$
  • 13.4 Research methodology
  • 13.5 List of abbreviations
Product Code: IRTNTR40168

Exhibits:

  • Exhibits1: Executive Summary - Chart on Market Overview
  • Exhibits2: Executive Summary - Data Table on Market Overview
  • Exhibits3: Executive Summary - Chart on Global Market Characteristics
  • Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
  • Exhibits5: Executive Summary - Chart on Market Segmentation by Distribution Channel
  • Exhibits6: Executive Summary - Chart on Market Segmentation by Product
  • Exhibits7: Executive Summary - Chart on Incremental Growth
  • Exhibits8: Executive Summary - Data Table on Incremental Growth
  • Exhibits9: Executive Summary - Chart on Vendor Market Positioning
  • Exhibits10: Parent market
  • Exhibits11: Market Characteristics
  • Exhibits12: Offerings of vendors included in the market definition
  • Exhibits13: Market segments
  • Exhibits14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
  • Exhibits15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
  • Exhibits16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
  • Exhibits17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Exhibits18: Historic Market Size - Data Table on global electric fan market 2018 - 2022 ($ billion)
  • Exhibits19: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
  • Exhibits20: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
  • Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
  • Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
  • Exhibits23: Five forces analysis - Comparison between 2023 and 2028
  • Exhibits24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
  • Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
  • Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
  • Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
  • Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
  • Exhibits29: Chart on Market condition - Five forces 2023 and 2028
  • Exhibits30: Chart on Distribution Channel - Market share 2023-2028 (%)
  • Exhibits31: Data Table on Distribution Channel - Market share 2023-2028 (%)
  • Exhibits32: Chart on Comparison by Distribution Channel
  • Exhibits33: Data Table on Comparison by Distribution Channel
  • Exhibits34: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
  • Exhibits35: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
  • Exhibits36: Chart on Offline - Year-over-year growth 2023-2028 (%)
  • Exhibits37: Data Table on Offline - Year-over-year growth 2023-2028 (%)
  • Exhibits38: Chart on Online - Market size and forecast 2023-2028 ($ billion)
  • Exhibits39: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
  • Exhibits40: Chart on Online - Year-over-year growth 2023-2028 (%)
  • Exhibits41: Data Table on Online - Year-over-year growth 2023-2028 (%)
  • Exhibits42: Market opportunity by Distribution Channel ($ billion)
  • Exhibits43: Data Table on Market opportunity by Distribution Channel ($ billion)
  • Exhibits44: Chart on Product - Market share 2023-2028 (%)
  • Exhibits45: Data Table on Product - Market share 2023-2028 (%)
  • Exhibits46: Chart on Comparison by Product
  • Exhibits47: Data Table on Comparison by Product
  • Exhibits48: Chart on Ceiling fans - Market size and forecast 2023-2028 ($ billion)
  • Exhibits49: Data Table on Ceiling fans - Market size and forecast 2023-2028 ($ billion)
  • Exhibits50: Chart on Ceiling fans - Year-over-year growth 2023-2028 (%)
  • Exhibits51: Data Table on Ceiling fans - Year-over-year growth 2023-2028 (%)
  • Exhibits52: Chart on Door fans - Market size and forecast 2023-2028 ($ billion)
  • Exhibits53: Data Table on Door fans - Market size and forecast 2023-2028 ($ billion)
  • Exhibits54: Chart on Door fans - Year-over-year growth 2023-2028 (%)
  • Exhibits55: Data Table on Door fans - Year-over-year growth 2023-2028 (%)
  • Exhibits56: Chart on Wall-mounted fans - Market size and forecast 2023-2028 ($ billion)
  • Exhibits57: Data Table on Wall-mounted fans - Market size and forecast 2023-2028 ($ billion)
  • Exhibits58: Chart on Wall-mounted fans - Year-over-year growth 2023-2028 (%)
  • Exhibits59: Data Table on Wall-mounted fans - Year-over-year growth 2023-2028 (%)
  • Exhibits60: Market opportunity by Product ($ billion)
  • Exhibits61: Data Table on Market opportunity by Product ($ billion)
  • Exhibits62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Exhibits63: Chart on Market share By Geographical Landscape 2023-2028 (%)
  • Exhibits64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
  • Exhibits65: Chart on Geographic comparison
  • Exhibits66: Data Table on Geographic comparison
  • Exhibits67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
  • Exhibits68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
  • Exhibits69: Chart on APAC - Year-over-year growth 2023-2028 (%)
  • Exhibits70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
  • Exhibits71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
  • Exhibits72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
  • Exhibits73: Chart on Europe - Year-over-year growth 2023-2028 (%)
  • Exhibits74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
  • Exhibits75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
  • Exhibits76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
  • Exhibits77: Chart on North America - Year-over-year growth 2023-2028 (%)
  • Exhibits78: Data Table on North America - Year-over-year growth 2023-2028 (%)
  • Exhibits79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
  • Exhibits80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
  • Exhibits81: Chart on South America - Year-over-year growth 2023-2028 (%)
  • Exhibits82: Data Table on South America - Year-over-year growth 2023-2028 (%)
  • Exhibits83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  • Exhibits84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
  • Exhibits85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  • Exhibits86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
  • Exhibits87: Chart on US - Market size and forecast 2023-2028 ($ billion)
  • Exhibits88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
  • Exhibits89: Chart on US - Year-over-year growth 2023-2028 (%)
  • Exhibits90: Data Table on US - Year-over-year growth 2023-2028 (%)
  • Exhibits91: Chart on China - Market size and forecast 2023-2028 ($ billion)
  • Exhibits92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
  • Exhibits93: Chart on China - Year-over-year growth 2023-2028 (%)
  • Exhibits94: Data Table on China - Year-over-year growth 2023-2028 (%)
  • Exhibits95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
  • Exhibits96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
  • Exhibits97: Chart on Germany - Year-over-year growth 2023-2028 (%)
  • Exhibits98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
  • Exhibits99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
  • Exhibits100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
  • Exhibits101: Chart on UK - Year-over-year growth 2023-2028 (%)
  • Exhibits102: Data Table on UK - Year-over-year growth 2023-2028 (%)
  • Exhibits103: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
  • Exhibits104: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
  • Exhibits105: Chart on Canada - Year-over-year growth 2023-2028 (%)
  • Exhibits106: Data Table on Canada - Year-over-year growth 2023-2028 (%)
  • Exhibits107: Market opportunity By Geographical Landscape ($ billion)
  • Exhibits108: Data Tables on Market opportunity By Geographical Landscape ($ billion)
  • Exhibits109: Impact of drivers and challenges in 2023 and 2028
  • Exhibits110: Overview on Criticality of inputs and Factors of differentiation
  • Exhibits111: Overview on factors of disruption
  • Exhibits112: Impact of key risks on business
  • Exhibits113: Vendors covered
  • Exhibits114: Matrix on vendor position and classification
  • Exhibits115: 1STOPlighting - Overview
  • Exhibits116: 1STOPlighting - Product / Service
  • Exhibits117: 1STOPlighting - Key offerings
  • Exhibits118: Bajaj Electricals Ltd. - Overview
  • Exhibits119: Bajaj Electricals Ltd. - Business segments
  • Exhibits120: Bajaj Electricals Ltd. - Key news
  • Exhibits121: Bajaj Electricals Ltd. - Key offerings
  • Exhibits122: Bajaj Electricals Ltd. - Segment focus
  • Exhibits123: Crompton Greaves Consumer Electricals Ltd. - Overview
  • Exhibits124: Crompton Greaves Consumer Electricals Ltd. - Product / Service
  • Exhibits125: Crompton Greaves Consumer Electricals Ltd. - Key offerings
  • Exhibits126: Dyson Group Co. - Overview
  • Exhibits127: Dyson Group Co. - Product / Service
  • Exhibits128: Dyson Group Co. - Key offerings
  • Exhibits129: Emerson Electric Co. - Overview
  • Exhibits130: Emerson Electric Co. - Business segments
  • Exhibits131: Emerson Electric Co. - Key news
  • Exhibits132: Emerson Electric Co. - Key offerings
  • Exhibits133: Emerson Electric Co. - Segment focus
  • Exhibits134: Ferguson plc - Overview
  • Exhibits135: Ferguson plc - Business segments
  • Exhibits136: Ferguson plc - Key offerings
  • Exhibits137: Ferguson plc - Segment focus
  • Exhibits138: Griffon Corp. - Overview
  • Exhibits139: Griffon Corp. - Business segments
  • Exhibits140: Griffon Corp. - Key offerings
  • Exhibits141: Griffon Corp. - Segment focus
  • Exhibits142: Havells India Ltd. - Overview
  • Exhibits143: Havells India Ltd. - Business segments
  • Exhibits144: Havells India Ltd. - Key offerings
  • Exhibits145: Havells India Ltd. - Segment focus
  • Exhibits146: Lasko Products LLC - Overview
  • Exhibits147: Lasko Products LLC - Product / Service
  • Exhibits148: Lasko Products LLC - Key offerings
  • Exhibits149: LG Electronics Inc. - Overview
  • Exhibits150: LG Electronics Inc. - Product / Service
  • Exhibits151: LG Electronics Inc. - Key offerings
  • Exhibits152: Midea Group Co. Ltd. - Overview
  • Exhibits153: Midea Group Co. Ltd. - Product / Service
  • Exhibits154: Midea Group Co. Ltd. - Key offerings
  • Exhibits155: Orient Electric Ltd - Overview
  • Exhibits156: Orient Electric Ltd - Business segments
  • Exhibits157: Orient Electric Ltd - Key news
  • Exhibits158: Orient Electric Ltd - Key offerings
  • Exhibits159: Orient Electric Ltd - Segment focus
  • Exhibits160: Orpat Group - Overview
  • Exhibits161: Orpat Group - Product / Service
  • Exhibits162: Orpat Group - Key offerings
  • Exhibits163: Panasonic Holdings Corp. - Overview
  • Exhibits164: Panasonic Holdings Corp. - Business segments
  • Exhibits165: Panasonic Holdings Corp. - Key news
  • Exhibits166: Panasonic Holdings Corp. - Key offerings
  • Exhibits167: Panasonic Holdings Corp. - Segment focus
  • Exhibits168: Swan Products Ltd. - Overview
  • Exhibits169: Swan Products Ltd. - Product / Service
  • Exhibits170: Swan Products Ltd. - Key offerings
  • Exhibits171: Inclusions checklist
  • Exhibits172: Exclusions checklist
  • Exhibits173: Currency conversion rates for US$
  • Exhibits174: Research methodology
  • Exhibits175: Validation techniques employed for market sizing
  • Exhibits176: Information sources
  • Exhibits177: List of abbreviations
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