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Market Research Report

Electric Fan Market by Product and Geography - Forecast and Analysis 2020-2024

Published by TechNavio (Infiniti Research Ltd.) Product code 917432
Published Content info 142 Pages
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Electric Fan Market by Product and Geography - Forecast and Analysis 2020-2024
Published: November 19, 2019 Content info: 142 Pages
Description

About this market

Technavio's electric fans market analysis considers sales from ceiling fans, floor fans, and wall-mounted fans. Our study also finds the sales of electric fans in APAC, Europe, MEA, North America, and South America. In 2019, the ceiling fans segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the growing demand for luxury ceiling fan products will play a significant role in the ceiling fans segment to maintain its market position. Also, our global electric fans market report looks at factors such as cost-effective supply chain of electric fans, rising demand for premium fans, and growth in housing sector. However, increasing use of air conditioners, stringent procedures associated with testing of fans, and threat from unorganized sectors may hamper the growth of the electric fan industry over the forecast period.

Overview

Rising demand for premium fans

The demand for premium fans has increased considerably in recent years primarily due to their performance efficiency and visual appeal. Premium fans often complement the contemporary designs of modern rooms of the consumers, in turn, improving the aesthetics of living spaces. This has encouraged various vendors to offer a wide range of premium fans that are stylish, energy-efficient, and consume less electricity while catering to the customization requirements of the consumers. Thus, the increase in demand for premium fans will lead to the expansion of the global electric fans market at a CAGR of almost 3% during the forecast period.

Increasing product innovations

Vendors are increasingly focusing on innovating their products to improve performance efficiency, design, appearance, and convenience offered by technologies. Manufacturers are also emphasizing the deployment of IoT in modern electric fans which can be controlled remotely through cloud computing technology. These fans are connected through the Internet and automatically adjust their speed according to the temperature of the room. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global electric fans market during the forecast period 2020-2024, view our report.

Competitive Landscape

With the presence of several major players, the global electric fans market is fragmented. Technavio's 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 manufacturers, that include Bajaj Electricals Ltd., Crompton Greaves Consumer Electricals Ltd., Delta T LLC, Emerson Electric Co., Havells India Ltd., Hunter Fan Co., Orient Electric Ltd., Panasonic Corp., Phillips Lighting & Home, 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 on all forthcoming growth opportunities.

Table of Contents
Product Code: IRTNTR40168

TABLE OF CONTENTS

PART 1 : EXECUTIVE SUMMARY

PART 2 : SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 3 : MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
  • Value chain analysis

PART 4 : MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2024
  • Market outlook

PART 5 := FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 6 : MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Ceiling fans - Market size and forecast 2019-2024
  • Floor fans - Market size and forecast 2019-2024
  • Wall-mounted fans - Market size and forecast 2019-2024
  • Market opportunity by product

PART 7 : CUSTOMER LANDSCAPE

PART 8 : GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 9 : DECISION FRAMEWORK

PART 10 : DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11 : MARKET TRENDS

  • Increasing product innovations
  • Growing emphasis on eco-friendly fans
  • Rising demand for customized fans

PART 12 : VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13 : VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bajaj Electricals Ltd.
  • Crompton Greaves Consumer Electricals Ltd.
  • Delta T LLC
  • Emerson Electric Co.
  • Havells India Ltd.
  • Hunter Fan Co.
  • Orient Electric Ltd.
  • Panasonic Corp.
  • Phillips Lighting & Home
  • Westinghouse Electric Corp.

PART 14 : APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15 : EXPLORE TECHNAVIO

LIST OF EXHIBITS:

  • Exhibit 01: Vendor key offerings
  • Exhibit 02: Global household appliances market
  • Exhibit 03: Segments of global household appliances market
  • Exhibit 04: Market characteristics
  • Exhibit 05: Market segments
  • Exhibit 06: Market definition - Inclusions and exclusions checklist
  • Exhibit 07: Market size 2019
  • Exhibit 08: Global market: Size and forecast 2019-2024 ($ millions)
  • Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
  • Exhibit 10: Five forces analysis 2019
  • Exhibit 11: Five forces analysis 2024
  • Exhibit 12: Bargaining power of buyers
  • Exhibit 13: Bargaining power of suppliers
  • Exhibit 14: Threat of new entrants
  • Exhibit 15: Threat of substitutes
  • Exhibit 16: Threat of rivalry
  • Exhibit 17: Market condition - Five forces 2019
  • Exhibit 18: Product - Market share 2019-2024 (%)
  • Exhibit 19: Comparison by product
  • Exhibit 20: Ceiling fans - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 21: Ceiling fans - Year-over-year growth 2020-2024 (%)
  • Exhibit 22: Floor fans - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 23: Floor fans - Year-over-year growth 2020-2024 (%)
  • Exhibit 24: Wall-mounted fans - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 25: Wall-mounted fans - Year-over-year growth 2020-2024 (%)
  • Exhibit 26: Market opportunity by product
  • Exhibit 27: Customer landscape
  • Exhibit 28: Market share by geography 2019-2024 (%)
  • Exhibit 29: Geographic comparison
  • Exhibit 30: APAC - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 31: APAC - Year-over-year growth 2020-2024 (%)
  • Exhibit 32: Europe - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 33: Europe - Year-over-year growth 2020-2024 (%)
  • Exhibit 34: North America - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 35: North America - Year-over-year growth 2020-2024 (%)
  • Exhibit 36: South America - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 37: South America - Year-over-year growth 2020-2024 (%)
  • Exhibit 38: MEA - Market size and forecast 2019-2024 ($ millions)
  • Exhibit 39: MEA - Year-over-year growth 2020-2024 (%)
  • Exhibit 40: Key leading countries
  • Exhibit 41: Market opportunity
  • Exhibit 42: Impact of drivers and challenges
  • Exhibit 43: Vendor landscape
  • Exhibit 44: Landscape disruption
  • Exhibit 45: Vendors covered
  • Exhibit 46: Vendor classification
  • Exhibit 47: Market positioning of vendors
  • Exhibit 48: Bajaj Electricals Ltd. - Vendor overview
  • Exhibit 49: Bajaj Electricals Ltd. - Business segments
  • Exhibit 50: Bajaj Electricals Ltd. - Organizational developments
  • Exhibit 51: Bajaj Electricals Ltd. - Segment focus
  • Exhibit 52: Bajaj Electricals Ltd. - Key offerings
  • Exhibit 53: Crompton Greaves Consumer Electricals Ltd. - Vendor overview
  • Exhibit 54: Crompton Greaves Consumer Electricals Ltd. - Business segments
  • Exhibit 55: Crompton Greaves Consumer Electricals Ltd. - Organizational developments
  • Exhibit 56: Crompton Greaves Consumer Electricals Ltd. - Segment focus
  • Exhibit 57: Crompton Greaves Consumer Electricals Ltd. - Key offerings
  • Exhibit 58: Delta T LLC - Vendor overview
  • Exhibit 59: Delta T LLC - Product segments
  • Exhibit 60: Delta T LLC - Key offerings
  • Exhibit 61: Emerson Electric Co. - Vendor overview
  • Exhibit 62: Emerson Electric Co. - Business segments
  • Exhibit 63: Emerson Electric Co. - Organizational developments
  • Exhibit 64: Emerson Electric Co. - Geographic focus
  • Exhibit 65: Emerson Electric Co. - Segment focus
  • Exhibit 66: Emerson Electric Co. - Key offerings
  • Exhibit 67: Havells India Ltd. - Vendor overview
  • Exhibit 68: Havells India Ltd. - Product segments
  • Exhibit 69: Havells India Ltd. - Organizational developments
  • Exhibit 70: Havells India Ltd. - Geographic focus
  • Exhibit 71: Havells India Ltd. - Segment focus
  • Exhibit 72: Havells India Ltd. - Key offerings
  • Exhibit 73: Hunter Fan Co. - Vendor overview
  • Exhibit 74: Hunter Fan Co. - Business segments
  • Exhibit 75: Hunter Fan Co. - Organizational developments
  • Exhibit 76: Hunter Fan Co. - Key offerings
  • Exhibit 77: Orient Electric Ltd. - Vendor overview
  • Exhibit 78: Orient Electric Ltd. - Business segments
  • Exhibit 79: Orient Electric Ltd. - Organizational developments
  • Exhibit 80: Orient Electric Ltd. - Geographic focus
  • Exhibit 81: Orient Electric Ltd. - Segment focus
  • Exhibit 82: Orient Electric Ltd. - Key offerings
  • Exhibit 83: Panasonic Corp. - Vendor overview
  • Exhibit 84: Panasonic Corp. - Business segments
  • Exhibit 85: Panasonic Corp. - Organizational developments
  • Exhibit 86: Panasonic Corp. - Geographic focus
  • Exhibit 87: Panasonic Corp. - Segment focus
  • Exhibit 88: Panasonic Corp. - Key offerings
  • Exhibit 89: Phillips Lighting & Home - Vendor overview
  • Exhibit 90: Phillips Lighting & Home - Product segments
  • Exhibit 91: Phillips Lighting & Home - Key offerings
  • Exhibit 92: Westinghouse Electric Corp. - Vendor overview
  • Exhibit 93: Westinghouse Electric Corp. - Product segments
  • Exhibit 94: Westinghouse Electric Corp. - Organizational developments
  • Exhibit 95: Westinghouse Electric Corp. - Key offerings
  • Exhibit 96: Validation techniques employed for market sizing
  • Exhibit 97: Definition of market positioning of vendors
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