Home > Consumer Goods & Services > Home Improvement > Fixtures and Fittings > Ceiling Fan Market

Ceiling Fan Market Share

Report ID: GMI7852
Published Date: Jan 2024
Report Format: PDF

Download Free Sample

Ceiling Fan Market Share

In 2023, dominant market players, including Emerson Electric Co., Hunter Fan Company, Crompton Greaves, Shell Electric Holdings Ltd., Panasonic, The Henley Fan Company, Casablanca Fan Company collectively hold around 29% market share. The ceiling fan INDUSTRY is a highly fragmented market. These prominent players are proactively involved in strategic endeavors like mergers & acquisitions, facility expansions, and collaborations to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position. These enterprises consistently allocate resources to research and development, aiming to enhance their designs and integrate cutting-edge technologies, ensuring they maintain a competitive edge.

Ceiling Fan Market Companies

Major players operating in the ceiling fan industry include:

Emerson Electric Co.
Hunter Fan Company
Crompton Greaves
Shell Electric Holdings Ltd.
Panasonic
The Henley Fan Company
Casablanca Fan Company

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Ceiling fan industry size was USD 12.1 billion in 2023 and is expected to register over 3.4% CAGR from 2024-2032 owing to the increasing availability of smart ceiling fans, controllable through voice assistance devices worldwide.

The standard fans segment held 67.1% share of the ceiling fan industry in 2023 and is expected to register an appreciable CAGR from 2024-2032 owing to their ability to offer practical functionality without breaking the bank.

Asia Pacific held 49% share of the ceiling fan industry in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the tropical climate prevalence in many Asian countries.

Emerson Electric Co., Hunter Fan Company, Crompton Greaves, Shell Electric Holdings Ltd., Panasonic, The Henley Fan Company, and Casablanca Fan Company are some of the major ceiling fan companies worldwide.