Top 5 Ceiling Fan Companies in the World
The global ceiling fan market size reached US$ 10.9 Billion in 2023. A ceiling fan is an electrically driven mechanical device that is fixed on the ceiling of a room or space to circulate the air. It induces evaporative cooling and slow movement into the still air by rotating its blades in cyclic motion, thereby effectively cooling the hot air in the room. It is cost-effective and offers various benefits such as high energy efficiency, better shelf-life, and low power consumption.
As per the analysis by IMARC Group, the top ceiling fan companies are introducing premium product variants, such as fans with decorative lighting, to expand their consumer base. They are also replacing conventional induction motors with smart sensors, and super-efficient BLDC fans that are lighter, more efficient and have better controllability. Besides this, several key players are launching smart fans that can be operated with a remote or smartphone. They are also engaging in mergers and acquisitions (M&As) and partnerships to strengthen their foothold in the market. For instance, in 2019, Luminous Brands acquired Emerson Air Comfort Products from Emerson Electric Co. to expand its product portfolio. Looking forward, IMARC Group expects the market to reach US$ 14.5 Billion by 2032, exhibiting a growth rate (CAGR) of 3.1% during 2024-2032.
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Top Companies and Manufacturers Operating in the Ceiling Fan Industry Worldwide:
The global Ceiling Fan market has several major players including Emerson Electric Co., Hunter Fan Company, Crompton Greaves Consumer Electricals Limited, Broan-NuTone LLC, and Shell Electric Holdings Limited. More information about these companies has been provided below.
1. Emerson Electric Co.
| Establishment: | 1890 |
| Headquarters: | St. Louis, Missouri, United States |
| Website: | https://www.emerson.com/ |
Emerson Electric Co. is the global technology, software, and engineering powerhouse focusing on innovations that make the world a more sustainable place. The company has two core business platforms, one of which includes automation solutions that enable them to collaborate across their automation businesses to develop comprehensive solutions for customers based on their deep industry experience. The other business platform comprises commercial and residential solutions that focus on providing services associated with heating, ventilation, air conditioning, and refrigeration (HVACR), cold chain monitoring, professional tools, and food waste management. The company is also expanding its residential and commercial offerings into new complementary areas, such as food sustainability, smart-home technology, and air quality.
2. Hunter Fan Company
| Establishment: | 1886 |
| Headquarters: | Memphis, Tennessee, United States |
| Website: | https://www.hunterfan.com/ |
Hunter Fan Company started its operations with John Hunter inventing ceiling fans and it has been operating for 135 years. This company specializes in creating their own original ceiling fan design, which was first launched in 1906 and is still available with a lifetime warranty and durable features. It has expanded their product portfolio over the years and launched smart ceiling fans, which can be operated via smartphones by connecting with Wi-Fi and are perfect for a tech-savvy lifestyle. It specializes in manufacturing ceiling fans with premium materials for unparalleled durability. Its fans are capable of withstanding extremely harsh weather conditions and resisting corrosion in the salt air. This company also manufactures state-of-the-art and stylish preassembled fans, which anyone can prep and connect on their own easily.
3. Crompton Greaves Consumer Electricals Limited
| Establishment: | 1937 |
| Headquarters: | Mumbai, India |
| Website: | https://www.crompton.co.in/ |
Crompton Greaves Consumer Electricals Limited is an electrical equipment company that has been operating as an independent company since February 2016 and has two business segments, including lighting and electrical consumer durables. It sells its products under the brand name "Crompton" and is one of the brands of India with a rich legacy associated with top-notch quality, reliability, product design, and superior engineering capability. It focuses on building innovative products to fulfill consumer needs and has launched the first anti-dust fan and anti-bacterial LED bulb in India. Its design philosophy ensures the most efficient interplay of ergonomics, function, and utility. It also ensures to provide a wide spectrum of product feature benefits and price points.
4. Broan-NuTone LLC
| Establishment: | 1932 |
| Headquarters: | Hartford, Wisconsin, United States |
| Website: | https://www.broan-nutone.com/ |
Broan-NuTone LLC specializes in the production of residential ventilation products and provides fresher air solutions to their customers. It manufactures innovative, sustainable, and effective indoor air quality solutions, which can create various customized climates. It enables builders, remodelers, designers, and architects to update the ventilation systems of homes while presenting added features like antimicrobial LED lights, heat and humidity sensors, cloud-connected automated indoor air quality detectors, and smart motors. This company is also actively fulfilling the requirements of various green building programs and present an extensive range of hoods, bathroom ventilation fans, fresh air systems, attic ventilators, and whole house fans. It has introduced the voice-activated exhaust fan that comes with Sensonic voice control, Bluetooth speakers, and a wide range of lighting options to match vanity lights.
5. Shell Electric Holdings Limited
| Establishment: | 1952 |
| Headquarters: | Hong Kong, China |
| Website: | http://www.smc.com.hk/ |
Shell Electric Holdings Limited is a consumer electrical appliance manufacturer and the first one to export ceiling fans to the international market. Its outstanding success attracted the leading appliance company, Whirlpool Corporation, to create a joint venture. The manufacturing business of the company is aligned into three major groups, which are the consumer electrical appliance group, the electronic manufacturing services division, and the industrial products group. This company specializes in manufacturing a wide variety of ceiling fans, along with rechargeable cordless fans and high-velocity fans that come in various fashionable designs and every-efficient qualities. It also manufactures vacuum cleaners, hearing and aid products, and home automation systems.
About Author:
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Aditi Kumar
Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels. |