India Ceiling Fan Market Volume Forecast and Value Chain Analysis 2022-2027

The latest report published by IMARC Group, titled “India Ceiling Fan Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on ceiling fan market report in India. The report also includes competitor and regional analysis, and contemporary advancements in the market. The India ceiling fan market is expected to exhibit a CAGR of 2.60% during 2022-2027.

Ceiling fan represents electronically powered mechanical devices that are mounted on the ceiling of enclosed spaces and consist of rotating paddles designed to move in a clockwise direction for circulating the still air in the room and producing a destratification or cooling effect. They can be categorized into numerous product types, including standard fans, decorative fans, high-speed fans, etc. These ceiling fan models prove to be more cost-effective and energy-efficient and have a longer shelf life as compared to coolers and air conditioners. Consequently, they find extensive applications in both residential, commercial, and industrial establishments in India.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Trends:

The growing housing sector and the rising urbanization are primarily driving the India ceiling fan market. Besides this, the increasing availability of electricity in rural areas is also catalyzing the market across the country. Moreover, the launch of favorable government policies aimed at promoting smart cities and the development of new product variants with aesthetically appealing designs and technologically advanced features, such as voice control and remote connectivity through smartphones, are acting as significant growth-inducing factors. In addition to this, the expanding retail and hospitality sectors and the elevating product availability through online channels are expected to bolster the India ceiling fan market in the coming years.

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India Ceiling Fan Market Segmentation:

Our report has categorized the market based on region, product type, fan size, distribution channel and end use.

Breakup by Product Type:

• Standard Fan
• Decorative Fan
• High Speed Fan
• Energy Saving Fan
• Others

Breakup by Fan Size:

• Small
• Medium
• Large

Breakup by Distribution Channel:

• Offline
• Online

Breakup by End Use:

• Residential
• Commercial
• Industrial

Breakup by Region:

• North India
• West and Central India
• South India
• East India

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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