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The India ceiling fan market is expected to exhibit a CAGR of 2.60% 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.
Ceiling fans are electronically powered mechanical devices that are mounted on the roof of enclosed spaces. They consist 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. As compared to air conditioners and coolers, a ceiling fan is more cost-effective, energy-efficient, and have a longer shelf-life. On account of this, they are extensively utilized across both residential and commercial areas.
The India ceiling fan market is majorly being driven by rapid urbanization and the increasing construction of new residential buildings. This is further supported by several initiatives undertaken by the Government of India (GoI) to expand housing projects and develop smart cities across the country. In line with this, the improving availability of electricity, especially in the rural areas, is further catalyzing the market growth. Additionally, the inflating disposable incomes are creating a significant demand for fans with aesthetically appealing designs and smart features, such as voice control and remote connectivity through smart devices, which is accelerating the overall product sales. Other factors responsible for the market growth include significant expansion in the retail and hospitality sectors, along with the easy availability of premium product variants, like lighting fans, through online retail channels.
IMARC Group provides an analysis of the key trends in each sub-segment of the India 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 Region:
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, Region|
|Region Covered||North India, West and Central India, South India, East India|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
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|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)|
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