Ceiling Fan Market Scope And Analysis

Report Code : TIPRE00009703
Category : Consumer Goods

Status : Published
No. of Pages : 154

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Ceiling Fans Market Scope, Analysis, and Trends by 2027

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Ceiling Fans Market Report Scope

Report Attribute	Details
Market size in 2019	US$ 10.19 Billion
Market Size by 2027	US$ 16.17 Billion
Global CAGR (2019 - 2027)	6.0%
Historical Data	2017-2018
Forecast period	2020-2027
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Big Ass Fans Kichler Lighting LLC Minka Lighting Inc Luminance Brands Crompton Greaves Consumer Electricals Limited Havells India Ltd Hunter Fan Company Westinghouse Electric Corporation Fantasia Ceiling Fans

COVID IMPACT

The COVID-19 pandemic initially affected the global ceiling fans market due to the shutdown of manufacturing units, shortage of labor, disruption of supply chains, and financial instability. The ceiling fans market is a part of the consumer goods industry. The industry's disruption due to the economic slowdown caused by the COVID-19 outbreak restrained the demand for ceiling fans. However, businesses are gaining ground as previously imposed limitations have been eased across various countries. Moreover, the introduction of COVID-19 vaccines by governments of different countries eased the situation, leading to a rise in business activities worldwide. After the ease of lockdowns and movement restrictions, several consumer goods industry segments witnessed growth, including the ceiling fans market.

COMPETITIVE LANDSCAPE AND KEY COMPANIES

Partnerships, acquisitions, and new product launches were the major strategies the players operating in the global ceiling fans market adopted. Some of the key players operating in the ceiling fans market include Big Ass Fans, Kichler Lighting LLC, Minka Lighting Inc., Luminance Brands, Crompton Greaves Consumer Electricals Limited, Havells India Ltd., Hunter Fan Company, Westinghouse Electric Corporation, Fantasia Ceiling Fans, and Panasonic Corporation.