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India Ceiling Fan Market to Grow at 2.60% During 2022-2027, Bolstered by Introduction of Technologically Advanced Smart Variants

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India Ceiling Fan Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

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.   

 

 
 

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India Ceiling Fan Market Trends:

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.

Key Market Segmentation:

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:

 

 
 

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  • Standard Fan
  • Decorative Fan
  • High Speed Fan
  • Energy Saving Fan
  • Others
     

Breakup by Fan Size:

  • Small
  • Medium
  • Large
     

Breakup by Distribution Channel:

  • Offline
  • Online
     

Breakup by End Use:

  • Residential
  • Commercial
  • Industrial
     

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units  Million Units
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
Five User License: US$ 3399
Corporate License: US$ 4499
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)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    India Ceiling Fan Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Standard Fan
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Decorative Fan
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    High Speed Fan
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Energy Saving Fan
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Fan Size
    7.1    Small
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Medium
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Large
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Distribution Channel
    8.1    Offline
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Online
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by End Use
    9.1    Residential
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Commercial
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Industrial
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Region
    10.1    North India
        10.1.1 Market Trends
        10.1.2 Market Breakup by State
        10.1.3 Market Forecast
    10.2    West and Central India
        10.2.1 Market Trends
        10.2.2 Market Breakup by State
        10.2.3 Market Forecast
    10.3    South India
        10.3.1 Market Trends
        10.3.2 Market Breakup by State
        10.3.3 Market Forecast
    10.4    East India
        10.4.1 Market Trends
        10.4.2 Market Breakup by State
        10.4.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Policy and Regulatory Landscape
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players

List of Figures

Figure 1: India: Ceiling Fan Market: Major Drivers and Challenges
Figure 2: India: Ceiling Fan Market: Volume Trends (in Million Units), 2016-2021
Figure 3: India: Ceiling Fan Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 4: India: Ceiling Fan Market: Breakup by Product Type (in %), 2021
Figure 5: India: Ceiling Fan Market: Breakup by Fan Size (in %), 2021
Figure 6: India: Ceiling Fan Market: Breakup by Distribution Channel (in %), 2021
Figure 7: India: Ceiling Fan Market: Breakup by End Use (in %), 2021
Figure 8: India: Ceiling Fan Market: Breakup by Region (in %), 2021
Figure 9: India: Ceiling Fan (Standard Fan) Market: Volume Trends (in Million Units), 2016 & 2021
Figure 10: India: Ceiling Fan (Standard Fan) Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 11: India: Ceiling Fan (Decorative Fan) Market: Volume Trends (in Million Units), 2016 & 2021
Figure 12: India: Ceiling Fan (Decorative Fan) Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 13: India: Ceiling Fan (High Speed Fan) Market: Volume Trends (in Million Units), 2016 & 2021
Figure 14: India: Ceiling Fan (High Speed Fan) Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 15: India: Ceiling Fan (Energy Saving Fan) Market: Volume Trends (in Million Units), 2016 & 2021
Figure 16: India: Ceiling Fan (Energy Saving Fan) Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 17: India: Ceiling Fan (Other Product Types) Market: Volume Trends (in Million Units), 2016 & 2021
Figure 18: India: Ceiling Fan (Other Product Types) Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 19: India: Ceiling Fan (Small) Market: Volume Trends (in Million Units), 2016 & 2021
Figure 20: India: Ceiling Fan (Small) Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 21: India: Ceiling Fan (Medium) Market: Volume Trends (in Million Units), 2016 & 2021
Figure 22: India: Ceiling Fan (Medium) Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 23: India: Ceiling Fan (Large) Market: Volume Trends (in Million Units), 2016 & 2021
Figure 24: India: Ceiling Fan (Large) Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 25: India: Ceiling Fan (Offline) Market: Volume Trends (in Million Units), 2016 & 2021
Figure 26: India: Ceiling Fan (Offline) Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 27: India: Ceiling Fan (Online) Market: Volume Trends (in Million Units), 2016 & 2021
Figure 28: India: Ceiling Fan (Online) Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 29: India: Ceiling Fan (Residential) Market: Volume Trends (in Million Units), 2016 & 2021
Figure 30: India: Ceiling Fan (Residential) Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 31: India: Ceiling Fan (Commercial) Market: Volume Trends (in Million Units), 2016 & 2021
Figure 32: India: Ceiling Fan (Commercial) Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 33: India: Ceiling Fan (Industrial) Market: Volume Trends (in Million Units), 2016 & 2021
Figure 34: India: Ceiling Fan (Industrial) Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 35: North India: Ceiling Fan Market: Volume Trends (in Million Units), 2016 & 2021
Figure 36: North India: Ceiling Fan Market: Breakup by State (in %), 2021
Figure 37: North India: Ceiling Fan Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 38: West and Central India: Ceiling Fan Market: Volume Trends (in Million Units), 2016 & 2021
Figure 39: West and Central India: Ceiling Fan Market: Breakup by State (in %), 2021
Figure 40: West and Central India: Ceiling Fan Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 41: South India: Ceiling Fan Market: Volume Trends (in Million Units), 2016 & 2021
Figure 42: South India: Ceiling Fan Market: Breakup by State (in %), 2021
Figure 43: South India: Ceiling Fan Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 44: East India: Ceiling Fan Market: Volume Trends (in Million Units), 2016 & 2021
Figure 45: East India: Ceiling Fan Market: Breakup by State (in %), 2021
Figure 46: East India: Ceiling Fan Market Forecast: Volume Trends (in Million Units), 2022-2027
Figure 47: India: Ceiling Fan Industry: SWOT Analysis
Figure 48: India: Ceiling Fan Industry: Value Chain Analysis
Figure 49: India: Ceiling Fan Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Ceiling Fan Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Ceiling Fan Market Forecast: Breakup by Product Type (in Million Units), 2022-2027
Table 3: India: Ceiling Fan Market Forecast: Breakup by Fan Size (in Million Units), 2022-2027
Table 4: India: Ceiling Fan Market Forecast: Breakup by Distribution Channel (in Million Units), 2022-2027
Table 5: India: Ceiling Fan Market Forecast: Breakup by End Use (in Million Units), 2022-2027
Table 6: India: Ceiling Fan Market Forecast: Breakup by Region (in Million Units), 2022-2027
Table 7: India: Ceiling Fan Market: Competitive Structure
Table 8: India: Ceiling Fan Market: Key Players


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Key Questions Answered in This Report

We expect the India ceiling fan market to exhibit a CAGR of 2.60% during 2022-2027.

The increasing round-the-clock availability of electricity, along with the introduction of premium
lighting fans and decorative fans, is primarily driving the India ceiling fan market.

In India, 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.

Based on the product type, the India ceiling fan market has been divided into standard fan,
decorative fan, high speed fan, energy saving fan, and others. Among these, standard fan exhibits a
clear dominance in the market.

Based on the fan size, the India ceiling fan market can be categorized into small, medium, and large.
Currently, medium-sized fan holds the majority of the total market share.

Based on the distribution channel, the India ceiling fan market has been segmented into online and
offline. Among these, offline channel represents the largest market share.

Based on the end use, the India ceiling fan market can be bifurcated into residential, commercial,
and industrial. Currently, the residential sector accounts for the majority of the total market share.

On a regional level, the market has been classified into North India, West and Central India, South
India, and East India, where South India currently dominates the market.

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