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The GCC ceiling fan market is expected to exhibit a CAGR of 1.90% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
A ceiling fan refers to an automated device that uses hub-mounted rotatory blades to circulate air in a room. They consist of a capacitor, aluminum or plastic blades, holder, flywheel, and rotor. The rotation mechanism of a ceiling fan is designed to attract warm air upwards. The blades slice this air and push it down with a force, which produces a cooling or destratification effect. As compared to air conditioners and coolers, ceiling fans are more cost-effective, energy-efficient, and have a longer shelf-life and lower capital investment. Due to this, they are extensively utilized across residential and commercial spaces.
The increasing awareness regarding the ecological and economic benefits of ceiling fans is majorly driving the market growth across the GCC region. Besides this, the increasing expenditure on high-quality home décor with smart features, like interchangeable blades, voice control, and remote connectivity through smart devices, for convenient operations is further accelerating the overall product sales. Additionally, the introduction of premium product variants and increasing customization, such as lighting and decorative fans in various colors, styles, designs, and sizes, is catalyzing the market growth. Due to the increasing environmental consciousness, key players are launching brushless direct current (BLDC) motors that are advantageous in terms of energy costs, lightweight, compactness, longevity, and low noise. This is acting as another growth-inducing factor. Apart from this, rapid globalization is facilitating the easy availability of diverse products through multiple distribution channels, which is further creating a positive outlook for the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC ceiling fan market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type, fan size, distribution channel and end use.
Breakup by Product Type:
Breakup by Fan Size:
Breakup by Distribution Channel:
Breakup by End Use:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Fan Size, Distribution Channel, End Use, Country|
|Region Covered||Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
We expect the GCC ceiling fan market to exhibit a CAGR of 1.90% during 2022-2027.
The rising demand for high-quality home decor with advanced features, such as interchangeable blades, voice control, and remote connectivity through smart devices, for convenient operations, is primarily driving the GCC ceiling fan market.
The sudden outbreak of the COVID-19 pandemic has led to the shifting consumer preferences from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of ceiling fans across the GCC region.
Based on the product type, the GCC ceiling fan market has been segmented into standard fan, decorative fan, high speed fan, energy saving fan, and others. Among these, standard fan currently holds the majority of the total market share.
Based on the fan size, the GCC ceiling fan market can be categorized into small, medium, and large. Currently, medium size exhibits a clear dominance in the market.
Based on the distribution channel, the GCC ceiling fan market has been divided into offline and online, where offline channel currently accounts for the largest market share.
Based on the end use, the GCC ceiling fan market can be bifurcated into residential, commercial, and industrial. Currently, the residential sector currently holds the majority of the total market share.
On a regional level, the market has been classified into Saudi Arabia, UAE, Qatar, Oman, Kuwait, and Bahrain, where UAE currently dominates the GCC ceiling fan market.
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