The latest report by IMARC Group, titled "North Africa Ceiling Fan Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027," finds that the North Africa ceiling fan market is expected to exhibit a CAGR of 3.20% during the forecast period (2022-2027). A ceiling fan is an electronically powered mechanical device mounted on the roof of enclosed spaces. It consists of rotating paddles that move in a clockwise direction to circulate the still air in an enclosed space, which produces a cooling or destratification effect. It is more cost-effective, energy-efficient, and has a longer shelf-life as compared to air conditioners and coolers. Owing to these properties, ceiling fans are extensively utilized across both residential and commercial spaces across North Africa.
North Africa Ceiling Fan Market Trends:
The market is primarily driven by the introduction of advanced product variants in the region. In addition, the rising disposable incomes have increased the focus of individuals on improving the aesthetic appeal of homes. This has prompted manufacturers to develop premium products with innovative designs, sleek appearances, and advanced features, such as easy dissembling for storage, interchangeable blades, and lighting fans, thus accelerating the product adoption rate. In addition, the rising incorporation of advanced technologies such as the Internet-of-Things (IoT), Bluetooth, and voice control that enable consumers to reverse rotation, manage fan speed, and dim the light through smart devices represent another major growth-inducing factor. Besides this, due to the increasing environmental consciousness, key players are launching brushless direct current (BLDC) motors that save energy costs, emit low noise, and are lightweight, compact, and durable, which is creating a positive market outlook across the region.
- Based on the product type, the market has been categorized into standard, decorative, high-speed, energy-saving, and other fans.
- On the basis of the fan size, the market has been classified into small, medium, and large.
- Based on the distribution channel, the market has been bifurcated into offline and online.
- On the basis of the end use, the market has been segmented into residential, commercial, and industrial.
- Region-wise, the market has been divided into Algeria, Egypt, Libya, Morocco, Tunisia, and others.
- The competitive landscape of the market has been examined in the report, along with the detailed profiles of key players operating in the industry.
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