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The North America ceiling fan market is expected to exhibit a CAGR of 2.88% 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 on different end use sectors . These insights are included in the report as a major market contributor.
Ceiling fan refers to a type of electricity-driven, mechanical fan which circulates air by hub-mounted rotating paddles, suspended from the ceiling. The fan has slower speed in comparison to the still electric desk fan but is effective as it induces evaporative cooling by introducing slow movement into the still, hot air of a room. It is generally made up of cast iron, cast aluminum or stamped steel. Ceiling fans are energy efficient with long shelf life as well as economical, unlike air conditioners. Convenient portability of the ceiling fan makes its installation feasible for both the residential and the commercial sectors.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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North America represents one of the leading markets for ceiling fans owning to increasing population and new technological innovations taking place within the region. Being a cold region, majority of population in North America uses ceiling fans during winter for ventilation purposes. In addition to this, several decorative and lightening fixtures employ ceiling fans. Rising demand for premium products and easy availability of the product is expected to boost the growth of ceiling fan market in the upcoming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the North America ceiling fan market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on end-use, type, fan size and distribution channel.
|Base Year of the Analysis||2021|
|Segment Coverage||End-Use, Type, Fan Size, Distribution Channel, Country|
|Countries Covered||United States, Canada, Mexico|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
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|Post-Sale Analyst Support||10-12 Weeks|
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We expect the North America ceiling fan market to exhibit a CAGR of 2.88% during 2022-2027.
The expanding construction sector, along with the emerging popularity of premium ceiling fans, such as lighting fans and decorative fans owing to the rising focus on the aesthetic appearance of homes, is primarily driving the North America ceiling fan market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of ceiling fans across several nations of North America.
Based on the end-use, the North America ceiling fan market has been bifurcated into residential, commercial, and industrial. Among these, the residential sector currently accounts for the majority of the total market share.
Based on the type, the North America ceiling fan market can be categorized into standard fan, decorative fan, high speed fan, energy saving fan, and others. Currently, standard fan holds the largest market share.
Based on the fan size, the North America ceiling fan market has been segmented into small, medium, and large, where medium sized currently exhibits a clear dominance in the market.
Based on the distribution channel, the North America ceiling fan market can be divided into offline and online. Currently, offline accounts for the majority of the total market share.
On a regional level, the market has been classified into United States, Canada, and Mexico, where United States currently dominates the North America ceiling fan market.
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