The global ceiling fan market reached US$ 9.33 Billion in 2020. As per the analysis by IMARC Group, the top ceiling fan manufacturers are focusing on introducing premium products, such as lighting and decorative fans, which offer higher margins. They are also replacing traditional induction motors with smart, super-efficient BLDC fans that are lighter, more efficient and have better controllability. Looking forward, the market is further expected to reach US$ 12.02 Billion by 2026, exhibiting a CAGR of 4.21% during 2021-2026.
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Best Top Companies, Brands and Manufacturers in the Ceiling Fan Industry Worldwide:
Emerson Electric Co.
Headquarter: St Louis, United States
Emerson is an American multinational corporation that manufactures products and provides engineering services in industrial, commercial, and residential markets by fusing decades of technology and engineering expertise. The company is focusing on two core business platforms, namely automation and commercial and residential solutions. Automation solutions are a leader in helping process optimize production processes through its best-in-class technologies and industry expertise. On the other hand, commercial and residential solutions develop technologies and services that improve human comfort, safeguard food, protect the environment, enable sustainable food waste disposal, and support efficient construction and maintenance of buildings and municipal infrastructure.
Hunter Fan Company
Headquarter: Tennessee, United States
Hunter Fan Company designs the best running, best-looking ceiling fans, lighting and accessories. The company offers stylish ceiling fans that come in numerous designs, colors, and sizes. The construction of each fan features a variety of materials, including natural wood, metal, and paint. The company also offers a broad selection of damp- and wet-rated outdoor ceiling fans in multiple sizes and styles so that customers can enhance the comfort and appearance of porches, pergolas, and other outside spaces. Recently, it has introduced advanced SIMPLEconnect technology that controls all the fans in the home using smart home devices, including Amazon Echo, Google Home, Apple and HomeKit.
Crompton Greaves Consumer Electricals Ltd.
Headquarter: Mumbai, India
Crompton Greaves is one of the leading consumer companies in India with a 75+ years old brand legacy. The brand Crompton Greaves is one of the oldest brands in the country and is known for its superior engineering capability and product design. It is an independent company under professional management and has two business segments, namely lighting and electrical consumer durables. The company manufactures and markets a wide spectrum of consumer products, ranging from fans, LED lighting, water heaters to coolers, irons, kitchen appliances and pumps.
Shell Electric MFG Co. Ltd.
Headquarter: Hong Kong, China
Shell Electric Holdings Limited (SMC or the Group) is a leading manufacturer of consumer electrical appliances since the 1950s. Expanded upon its strong industrial foundation and management expertise, SMC has today consolidated its business operations into three major areas, namely manufacturing, technology, and investment, giving the Group more synergetic advantages for its future development. SMC maintains healthy growth in its core traditional product manufacturing business. At the same time, the Electronics Manufacturing Services (EMS) and other technology business initiatives are increasing significantly in the Group's strategic focus of development for the future. The Group also continues investing in high potential business ventures for long-term profitability and expansion.
Headquarter: Hartford, Wisconsin
Broan-NuTone, LLC is a US-based company dealing with residential ventilation products, along with customized climate and indoor air quality solutions. Operational under various brand names, including Broan-NuTone, Broan, NuTone and BEST Range Hoods, Broan-NuTone’s products help builders, to 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. The company also offers a wide range of products that help to meet the requirements of the major green building programs: ENERGY STAR; U.S. Green Building Council’s (USGBC) Leadership in Energy and Environmental Design (LEED) for Homes; and the National Association of Home Builder’s (NAHB) Model Green Home Building Guidelines.
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 (region waise North America) on the ceiling fan industry, 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