Top Manufacturers in the Ceiling Fans Industry

May 04, 2022

Top Manufacturers in the Ceiling Fans Industry

The global ceiling fan market size reached US$ 9,998.3 Million in 2021. 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 value to reach US$ 12,869.4 Million by 2027, exhibiting a CAGR of 4.29% during the forecast period (2022-2027).

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Top Companies and Manufacturers Operating in the Ceiling Fan Industry Worldwide:

Emerson Electric Co.

Establishment: 1890
Headquarters: St. Louis, United States

Emerson is a multinational corporation that manufactures electrical products and provides engineering services in industrial, commercial, and residential markets. It operates under two core business platforms: automation and commercial and residential solutions. Apart from this, Emerson has grown from a regional manufacturer into a global technology solutions powerhouse with decades of technology and engineering expertise. At present, the company employs around 84,000 employees working in 200 manufacturing locations across the globe.

Hunter Fan Company

Establishment: 1886
Headquarters: Tennesse, United States

Hunter Fan Company designs high-quality ceiling fans, lighting and accessories. It offers stylish ceiling fans in numerous designs, colors, and sizes. The company also offers various damp- and wet-rated outdoor ceiling fans in multiple sizes and styles best suited for porches, pergolas, and other outside spaces. Recently, Hunter Fan has introduced advanced SIMPLEconnect technology using which users can control all the fans in the home with smart home devices, including Google Home, Amazon Echo, Apple and HomeKit.

Crompton Greaves Consumer Electricals Ltd.

Establishment: 2016
Headquarters: Mumbai, India

Crompton Greaves is one of the leading ceiling fan brand in India with a 90+ years old brand legacy. It is known for its superior engineering capability and product design. However, the brand is an independent company under professional management and has two business segments, namely lighting and electrical consumer durables. Today, Crompton greaves manufactures and markets a wide spectru of products, ranging from fans, water heaters, and LED lighting to household appliances such as coolers, irons, kitchen appliances, and pumps.

Shell Electric MFG Co. Ltd.

Establishment: 1952
Headquarters: Hong Kong, China

Shell Electric Holdings Limited (SMC or the Group) has been a leading manufacturer of consumer electrical appliances since the 1950s. With its strong industrial foundation and management expertise, SMC has consolidated its business operations into three major areas, namely technology, manufacturing, and investment. The Group pioneered the ceiling fan industry in Hong Kong during the 50s and was the first manufacturer to export ceiling fans to the international market. Presently, Shell Electrics is one of the largest ceiling fan manufacturers in the world.

Broan-NuTone, LLC

Establishment: 1936
Headquarters: Hartford, Wisconsin

Broan-NuTone, LLC deals in residential ventilation products, and climate and indoor air quality solutions. The company helps builders update home ventilation systems while providing added features like antimicrobial LED lights, humidity and heat sensors, smart motors, and cloud-connected automated indoor air quality. It also offers a wide range of products that help to meet the requirements of the major green building programs. At present, Broan-NuTone operates under various brand names, including Broan, NuTone, and BEST Range Hoods, Broan-NuTone’s products.

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects in the ceiling fan industry and regional Nother America, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:

  • Market Research
  • Plant setup
  • Plant Expansion
  • Marketing and sales
  • Procurement and Distribution
  • Innovation and Product Development

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