Electric Fan Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, Canada, China, Germany, UK - Size and Forecast 2024-2028

Published: Mar 2024 Pages: 169 SKU: IRTNTR40168

Electric Fans Market Forecast 2024-2028 

The electric fans market size is forecast to increase by USD 5.37 billion, at a CAGR of 5.6% between 2023 and 2028. 

The market's expansion is influenced by various factors, including the cost-effective electric fan supply chain, increased demand for premium fans, and the growth in the housing sector. The report provides market size, historical data spanning from 2018 - 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

What will be the Size of the Market During the Forecast Period?

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Market Dynamic and Customer Landscape

The market is driven by the global demand for cooling solutions in residential spaces and light commercial areas. As essential ventilation devices, electric fans, including ceiling fans, pedestal fans, and table fans, play a crucial role in circulating fresh air and mitigating the impact of stale air. The market trends indicate a surge in demand for innovative designs and energy-efficient models. However, manufacturers face challenges in meeting diverse consumer preferences while ensuring optimal performance. Balancing style, functionality, and affordability remains a challenge in this competitive market. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Rising demand for premium fans is notably driving the market growth. The heightened demand for premium fans stands out as a major catalyst in the global electric fan market. This demand is chiefly propelled by the superior performance efficiency and visual appeal of premium products. Globally, premium appliances, including fans, are perceived as status symbols, with consumers evaluating various aspects like appearance, efficiency, functionality, and durability.

Premium products contribute to the modern design of rooms, enhancing the aesthetics of living spaces. Premiumization, especially in the ceiling fan segment, emerges as a pivotal driver for market growth. The market offers a diverse array of premium products renowned for their style, energy efficiency, and lower electricity consumption. An example is Bajaj Electricals, which provides premium offerings like designer fans and under-light ceiling fans.  Some other types of fans include pedestal fan, table fan, exhaust fan, and wall fan. Among their range are various designer fans, including Ornio, a shank-less ceiling fan known for high-speed operation, and Cruzair Decor. Additionally, companies present various luminaire fans equipped with light sources, catering to the demand for both functionality and style in residential and light commercial spaces.  Hence, such factors are driving the market growth during the forecast period.

Key Market Trends

Increasing product innovations in the electric fan market is an emerging trend in the market. The market is exhibiting a steady growth rate and is expected to attain maturity during the forecast period. Therefore, vendors are focusing on product innovations. In addition, innovations in this product aim at improving performance efficiency, design, appearance, and convenience offered by technologies.

Moreover, companies are emphasizing the use of IoT in their products. Orient, for instance, offers Aeroslim, an IoT-enabled ceiling fan that can be controlled remotely through cloud computing technology. In addition, IoT-enabled ceiling fans are gaining popularity. Furthermore, these products are connected through the Internet and automatically adjust their speed according to the temperature of the room. Hence, such factors are driving the market growth during the forecast period.

Major Market Challenge

Increasing use of air conditioners is a major challenge hindering the market. The increased use of air conditioners poses a severe challenge in developed countries. In addition, air conditioners are among the widely adopted household devices across the world, owing to their increased functionality and effective cooling technologies. Furthermore, owing to a rise in disposable income and the increased demand for convenience, individuals are highly emphasizing household decoration.

Moreover, a significant increase in the disposable income of consumers in developed countries has a huge impact on the adoption of air conditioners. In addition, air conditioners are priced higher than electric fans. Godrej, LG, and Voltas are some of the companies that are launching affordable air conditioners across all end-user segments. Hence, such factors are negatively impacting the market which in turn hinders the market growth during the forecast period.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

1STOPlighting: The company offers electric fans such as 3MAVR88, 3AVLR54AGPD, and 5ASPR70MBK under the brand Monte Carlo Fans.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • 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.
  • Westinghouse Electric Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Market?

The offline segment is estimated to witness significant growth during the forecast period. The global electric fan market is growing significantly worldwide due to rising demand for energy-efficient and technologically advanced fans. In addition, offline distribution channels remain a vital part of the global electric fan market, particularly in emerging economies where Internet penetration rates are lower.

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The offline segment was the largest segment and was valued at USD 13.10 billion in 2018. Moreover, offline distribution channels for electric fans can be broadly classified into two segments, namely organized and unorganized retail. In addition, organized retail refers to modern retail formats, such as department stores, hypermarkets, and specialty stores that sell branded products. Furthermore, on the other hand, unorganized retail includes small mom-and-pop stores, street vendors, and local dealers that sell unbranded or low-end products. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Which are the Key Regions for the Market?

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APAC is estimated to contribute 43% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Some of the main factors contributing to the growth of the market in APAC include a significant increase in the number of government initiatives for the housing sector, the cost-effective supply chain of these products, the increasing demand for the luxury segment of these products, and numerous product innovations. In addition, India, the Philippines, Vietnam, and China are among the key consumers of electric fans in the region.

Moreover, the tendency to spend on premium products has increased over the past few years, and this is one of the major factors driving the demand for the luxury segment of this product in the region. Furthermore, owing to advances in manufacturing technologies and significant investments in production expansion, these companies are offering a wide range of affordable and premium products at competitive prices. In addition, this intense competition has led companies to focus on the development and launch of innovative products. Hence, such factors are driving the market growth in APAC during the forecast period.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Distribution Channel Outlook
    • Offline
    • Online
  • Product Outlook 
    • Ceiling fans
    • Door fans
    • Wall-mounted fans
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is experiencing significant growth driven by various factors. The rise in temperature and climatic changes, including increased humidity and the impact of climate change, have led to a surge in the demand for this product. Consumers are now inclined towards energy-efficient fans with value-added features. Marketing and branding approaches, along with an extensive distribution network in large retail stores and supermarkets, contribute to increased sales. Developing economies, with improved economic conditions and rising per capita disposable income, witness a growing demand for premium household appliances, including smart featured home appliances like smart ceiling fans. Some other types of fans in residential spaces include pedestal fan, table fan, exhaust fan, and wall fan. In regions facing challenges in electricity access, there is a potential customer base for this product, and initiatives like the Alliance for Rural Electrification aim to address electrification needs. The market also caters to various segments, including residential, non-commercial, and industrial use, offering a variety of fan-related products in multi-brand stores and retail outlets. As lifestyle improves and spending capacity rises, the market continues to thrive, providing efficient and innovative solutions for diverse consumer needs.

Market Scope

Report Coverage

Details

Page number

169

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.6%

Market Growth 2024-2028

USD 5.37 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

4.96

Regional analysis

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

Performing market contribution

APAC at 43%

Key countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

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.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2023 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market growth trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, South America, and the Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global electric fan market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global electric fan market 2018 - 2022 ($ billion)
    • 4.2 Distribution Channel Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ billion)
    • 4.3 Product Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 30: Chart on Distribution Channel - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Distribution Channel - Market share 2023-2028 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 32: Chart on Comparison by Distribution Channel
      • Exhibit 33: Data Table on Comparison by Distribution Channel
    • 6.3 Offline - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Offline - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Offline - Year-over-year growth 2023-2028 (%)
    • 6.4 Online - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Online - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Online - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Online - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Distribution Channel
      • Exhibit 42: Market opportunity by Distribution Channel ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ billion)

    7 Market Segmentation by Product

    • 7.1 Market segments
      • Exhibit 44: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Product - Market share 2023-2028 (%)
    • 7.2 Comparison by Product
      • Exhibit 46: Chart on Comparison by Product
      • Exhibit 47: Data Table on Comparison by Product
    • 7.3 Ceiling fans - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Ceiling fans - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Ceiling fans - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Ceiling fans - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Ceiling fans - Year-over-year growth 2023-2028 (%)
    • 7.4 Door fans - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Door fans - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Door fans - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Door fans - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Door fans - Year-over-year growth 2023-2028 (%)
    • 7.5 Wall-mounted fans - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Wall-mounted fans - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Wall-mounted fans - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Wall-mounted fans - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Wall-mounted fans - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Product
      • Exhibit 60: Market opportunity by Product ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Product ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 UK - Market size and forecast 2023-2028
      • Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.12 Canada - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 1STOPlighting
              • Exhibit 115: 1STOPlighting - Overview
              • Exhibit 116: 1STOPlighting - Product / Service
              • Exhibit 117: 1STOPlighting - Key offerings
            • 12.4 Bajaj Electricals Ltd.
              • Exhibit 118: Bajaj Electricals Ltd. - Overview
              • Exhibit 119: Bajaj Electricals Ltd. - Business segments
              • Exhibit 120: Bajaj Electricals Ltd. - Key news
              • Exhibit 121: Bajaj Electricals Ltd. - Key offerings
              • Exhibit 122: Bajaj Electricals Ltd. - Segment focus
            • 12.5 Crompton Greaves Consumer Electricals Ltd.
              • Exhibit 123: Crompton Greaves Consumer Electricals Ltd. - Overview
              • Exhibit 124: Crompton Greaves Consumer Electricals Ltd. - Product / Service
              • Exhibit 125: Crompton Greaves Consumer Electricals Ltd. - Key offerings
            • 12.6 Dyson Group Co.
              • Exhibit 126: Dyson Group Co. - Overview
              • Exhibit 127: Dyson Group Co. - Product / Service
              • Exhibit 128: Dyson Group Co. - Key offerings
            • 12.7 Emerson Electric Co.
              • Exhibit 129: Emerson Electric Co. - Overview
              • Exhibit 130: Emerson Electric Co. - Business segments
              • Exhibit 131: Emerson Electric Co. - Key news
              • Exhibit 132: Emerson Electric Co. - Key offerings
              • Exhibit 133: Emerson Electric Co. - Segment focus
            • 12.8 Ferguson plc
              • Exhibit 134: Ferguson plc - Overview
              • Exhibit 135: Ferguson plc - Business segments
              • Exhibit 136: Ferguson plc - Key offerings
              • Exhibit 137: Ferguson plc - Segment focus
            • 12.9 Griffon Corp.
              • Exhibit 138: Griffon Corp. - Overview
              • Exhibit 139: Griffon Corp. - Business segments
              • Exhibit 140: Griffon Corp. - Key offerings
              • Exhibit 141: Griffon Corp. - Segment focus
            • 12.10 Havells India Ltd.
              • Exhibit 142: Havells India Ltd. - Overview
              • Exhibit 143: Havells India Ltd. - Business segments
              • Exhibit 144: Havells India Ltd. - Key offerings
              • Exhibit 145: Havells India Ltd. - Segment focus
            • 12.11 Lasko Products LLC
              • Exhibit 146: Lasko Products LLC - Overview
              • Exhibit 147: Lasko Products LLC - Product / Service
              • Exhibit 148: Lasko Products LLC - Key offerings
            • 12.12 LG Electronics Inc.
              • Exhibit 149: LG Electronics Inc. - Overview
              • Exhibit 150: LG Electronics Inc. - Product / Service
              • Exhibit 151: LG Electronics Inc. - Key offerings
            • 12.13 Midea Group Co. Ltd.
              • Exhibit 152: Midea Group Co. Ltd. - Overview
              • Exhibit 153: Midea Group Co. Ltd. - Product / Service
              • Exhibit 154: Midea Group Co. Ltd. - Key offerings
            • 12.14 Orient Electric Ltd
              • Exhibit 155: Orient Electric Ltd - Overview
              • Exhibit 156: Orient Electric Ltd - Business segments
              • Exhibit 157: Orient Electric Ltd - Key news
              • Exhibit 158: Orient Electric Ltd - Key offerings
              • Exhibit 159: Orient Electric Ltd - Segment focus
            • 12.15 Orpat Group
              • Exhibit 160: Orpat Group - Overview
              • Exhibit 161: Orpat Group - Product / Service
              • Exhibit 162: Orpat Group - Key offerings
            • 12.16 Panasonic Holdings Corp.
              • Exhibit 163: Panasonic Holdings Corp. - Overview
              • Exhibit 164: Panasonic Holdings Corp. - Business segments
              • Exhibit 165: Panasonic Holdings Corp. - Key news
              • Exhibit 166: Panasonic Holdings Corp. - Key offerings
              • Exhibit 167: Panasonic Holdings Corp. - Segment focus
            • 12.17 Swan Products Ltd.
              • Exhibit 168: Swan Products Ltd. - Overview
              • Exhibit 169: Swan Products Ltd. - Product / Service
              • Exhibit 170: Swan Products Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 171: Inclusions checklist
                • Exhibit 172: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 173: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 174: Research methodology
                • Exhibit 175: Validation techniques employed for market sizing
                • Exhibit 176: Information sources
              • 13.5 List of abbreviations
                • Exhibit 177: List of abbreviations

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                electric fans market market

                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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