Global Electric Fans Market 2023-2027

Global Electric Fans Market 2023-2027

Technavio has been monitoring the electric fans market and is forecast to grow by $3604.96 mn during 2022-2027, accelerating at a CAGR of 3.96% during the forecast period. Our 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 in the housing sector.

Technavio's electric fans market is segmented as below:

By Product

  • Ceiling fans
  • Door fans
  • Wall-mounted fans
By Distribution Channel
  • Offline
  • Online
By Geography
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the increasing product innovations as one of the prime reasons driving the electric fans market growth during the next few years. Also, the growing emphasis on eco-friendly fans and rising demand for customized fans will lead to sizable demand in the market.

Technavio 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. Our report on the electric fans market covers the following areas:
  • Electric fans market sizing
  • Electric fans market forecast
  • Electric fans market industry analysis
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 market vendors that include Luminace Holdings LLC, Aucma Co. Ltd, Crompton Greaves Consumer Electricals Ltd., Delta T LLC, Emerson Electric Co., Fantasia Ceiling Fans, Fantech Pty Ltd., GREE ELECTRIC APPLIANCES INC. OF ZHUHAI, Haier Smart Home Co. Ltd., Havells India Ltd., Hunter Fan Co., Lian Li, Midea Group Co. Ltd., Minka Lighting Inc., Orient Electric Ltd, Panasonic Holdings Corp., Shell Electric Holdings Ltd., The Henley Fan Co. Ltd., Usha International 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Product
      • Table Executive Summary – Chart on Market Segmentation by Distribution Channel
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global electric fans market 2017 - 2021
      • Table Historic Market Size – Data Table on Global electric fans market 2017 - 2021 ($ million)
    • Product Segment Analysis 2017 - 2021
      • Table Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • Distribution Channel Segment Analysis 2017 - 2021
      • Table Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size – Country Segment 2017 - 2021 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Product
    • Market segments
      • Table Chart on Product - Market share 2022-2027 (%)
      • Table Data Table on Product - Market share 2022-2027 (%)
    • Comparison by Product
      • Table Chart on Comparison by Product
      • Table Data Table on Comparison by Product
    • Ceiling fans - Market size and forecast 2022-2027
      • Table Chart on Ceiling fans - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Ceiling fans - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Ceiling fans - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Ceiling fans - Year-over-year growth 2022-2027 (%)
    • Door fans - Market size and forecast 2022-2027
      • Table Chart on Door fans - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Door fans - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Door fans - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Door fans - Year-over-year growth 2022-2027 (%)
    • Wall-mounted fans - Market size and forecast 2022-2027
      • Table Chart on Wall-mounted fans - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Wall-mounted fans - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Wall-mounted fans - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Wall-mounted fans - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product ($ million)
      • Table Data Table on Market opportunity by Product ($ million)
  • Market Segmentation by Distribution Channel
    • Market segments
      • Table Chart on Distribution Channel - Market share 2022-2027 (%)
      • Table Data Table on Distribution Channel - Market share 2022-2027 (%)
    • Comparison by Distribution Channel
      • Table Chart on Comparison by Distribution Channel
      • Table Data Table on Comparison by Distribution Channel
    • Offline - Market size and forecast 2022-2027
      • Table Chart on Offline - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Offline - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Offline - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Offline - Year-over-year growth 2022-2027 (%)
    • Online - Market size and forecast 2022-2027
      • Table Chart on Online - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Online - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Online - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Online - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Distribution Channel
      • Table Market opportunity by Distribution Channel ($ million)
      • Table Data Table on Market opportunity by Distribution Channel ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • UK - Market size and forecast 2022-2027
      • Table Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Table Chart on UK - Year-over-year growth 2022-2027 (%)
      • Table Data Table on UK - Year-over-year growth 2022-2027 (%)
    • India - Market size and forecast 2022-2027
      • Table Chart on India - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Table Chart on India - Year-over-year growth 2022-2027 (%)
      • Table Data Table on India - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Cost-effective supply chain of electric fans
      • Rising demand for premium fans
      • Growth in the housing sector
    • Market challenges
      • Increasing use of air conditioners
      • Stringent procedures associated with the testing of fans
      • Threat from unorganized sector
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Increasing product innovations
      • Growing emphasis on eco-friendly fans
      • Rising demand for customized fans
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Crompton Greaves Consumer Electricals Ltd.
      • Table Crompton Greaves Consumer Electricals Ltd. - Overview
      • Table Crompton Greaves Consumer Electricals Ltd. - Business segments
      • Table Crompton Greaves Consumer Electricals Ltd. - Key offerings
      • Table Crompton Greaves Consumer Electricals Ltd. - Segment focus
    • Delta T LLC
      • Table Delta T LLC - Overview
      • Table Delta T LLC - Product / Service
      • Table Delta T LLC - Key offerings
    • Fantasia Ceiling Fans
      • Table Fantasia Ceiling Fans - Overview
      • Table Fantasia Ceiling Fans - Product / Service
      • Table Fantasia Ceiling Fans - Key offerings
    • GREE ELECTRIC APPLIANCES INC. OF ZHUHAI
      • Table GREE ELECTRIC APPLIANCES INC. OF ZHUHAI - Overview
      • Table GREE ELECTRIC APPLIANCES INC. OF ZHUHAI - Product / Service
      • Table GREE ELECTRIC APPLIANCES INC. OF ZHUHAI - Key offerings
    • Havells India Ltd.
      • Table Havells India Ltd. - Overview
      • Table Havells India Ltd. - Business segments
      • Table Havells India Ltd. - Key news
      • Table Havells India Ltd. - Key offerings
      • Table Havells India Ltd. - Segment focus
    • Midea Group Co. Ltd.
      • Table Midea Group Co. Ltd. - Overview
      • Table Midea Group Co. Ltd. - Product / Service
      • Table Midea Group Co. Ltd. - Key offerings
    • Minka Lighting Inc.
      • Table Minka Lighting Inc. - Overview
      • Table Minka Lighting Inc. - Product / Service
      • Table Minka Lighting Inc. - Key offerings
    • Orient Electric Ltd
      • Table Orient Electric Ltd - Overview
      • Table Orient Electric Ltd - Business segments
      • Table Orient Electric Ltd - Key news
      • Table Orient Electric Ltd - Key offerings
      • Table Orient Electric Ltd - Segment focus
    • Panasonic Holdings Corp.
      • Table Panasonic Holdings Corp. - Overview
      • Table Panasonic Holdings Corp. - Business segments
      • Table Panasonic Holdings Corp. - Key news
      • Table Panasonic Holdings Corp. - Key offerings
      • Table Panasonic Holdings Corp. - Segment focus
    • Shell Electric Holdings Ltd.
      • Table Shell Electric Holdings Ltd. - Overview
      • Table Shell Electric Holdings Ltd. - Product / Service
      • Table Shell Electric Holdings Ltd. - Key offerings
    • The Henley Fan Co. Ltd.
      • Table The Henley Fan Co. Ltd. - Overview
      • Table The Henley Fan Co. Ltd. - Product / Service
      • Table The Henley Fan Co. Ltd. - Key offerings
    • Usha International Ltd.
      • Table Usha International Ltd. - Overview
      • Table Usha International Ltd. - Product / Service
      • Table Usha International Ltd. - Key offerings
    • Westinghouse Electric Corp.
      • Table Westinghouse Electric Corp. - Overview
      • Table Westinghouse Electric Corp. - Product / Service
      • Table Westinghouse Electric Corp. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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