Market Overview:
The global DC electric ceiling fan market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient ceiling fans and the growing awareness about their benefits among consumers. In addition, the increasing adoption of DC electric ceiling fans in commercial applications is also contributing to the growth of this market. The global DC electric ceiling fan market can be segmented on the basis of type into brushless DC motor fans and brushed DC motor fans. The brushless DC motor fan segment is expected to grow at a higher CAGR than the brushed DC motor fan segment during the forecast period from 2018 to 2030. This can be attributed to their superior performance as compared with brushed motors and their longer life span.
Product Definition:
A DC electric ceiling fan is a type of ceiling fan that uses direct current (DC) electricity to power the fan's motor. This type of ceiling fan typically has a higher price tag than an AC electric ceiling fan, but it also consumes less energy and produces less noise.
Brushless DC motor Fans:
Brushless DC motor is a type of electric motor which does not have any physical contact with a rotating electrical generator or power source. It is different from the conventional DC motors in terms of its ability to operate at low speeds without generating any heat and also provides more efficiency. Brushless DC fans are used for various applications such as centrifugal pumps, blowers, floor scrubbers, and air compressors among others.
Brushed DC Motor Fans:
Brushed DC motor fans are used in DC electric ceiling fan market. These types of motors have a low power consumption rate and can be operated at very low speeds. They are mainly used for small-sized applications such as table fans, floor or wall mounted fans, mini coolers, computer cooling systems among others owing to their lightweight characteristics and easy mobility.
These types of motors operate on direct current (DC) without the help of an intermediate battery.
Application Insights:
The commercial application segment dominated the global market in 2017. The growth of the commercial sector is attributed to an increase in construction activities and renovation of old buildings. Commercial places such as hospitals, hotels, restaurants and shopping malls require a high level of hygiene and sanitation which leads to increased adoption of electric fans. Furthermore, government initiatives such as tax rebates offered on installing energy-efficient products are expected to propel demand over the forecast period.
The home application segment accounted for a share of more than 50% in 2017 owing to increasing penetration ceiling fans with remote control features along with other smart appliances that can be controlled through mobile apps or via voice command systems using Amazon Alexa or Google Assistant functionalities introduced in recent years by major players including August Home Co., Ltd., Honeywell International Inc., Lifx S.A., Hunter Fan Company SRL, Dyson Ltd.; continue driving demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of over 6% from 2018 to 2030. This can be attributed to increasing awareness regarding energy conservation and sustainable living, growing preference for electric ceiling fans, and rising adoption of smart homes in the region. Moreover, presence of key players such as Honeywell International Inc.; Emerson Electric Co.; and Siemens AG will drive the regional market further.
Asia Pacific is anticipated to register a significant CAGR over the forecast period owing to rapid urbanization resulting into increased construction activities along with government initiatives promoting low-cost housing projects are some major factors driving regional product demand. Furthermore, improving standard of living coupled with rising disposable income levels will also support industry growth in APAC during the forecast period (2018 - 2030).
Growth Factors:
- Increasing demand from the residential sector: The demand for electric ceiling fans is expected to grow in the residential sector due to increase in disposable income and growing awareness about energy-efficient products.
- Rising popularity of smart homes: Electric ceiling fans are becoming popular as a part of smart homes, where they can be controlled using voice commands or mobile apps.
- Growing demand for energy-efficient products: With rising concerns about climate change and increasing electricity bills, consumers are increasingly looking for energy-efficient products such as electric ceiling fans.
- Technological advancements: Manufacturers are introducing new features and technologies in electric ceiling fans, such as remote control, Wi-Fi connectivity, etc., which is attracting more consumers towards these products.
- Increasing number of online retailers: The availability of electric ceiling fans through online retailers is increasing their popularity among consumers and helping them save on time and money
Scope Of The Report
Report Attributes
Report Details
Report Title
DC Electric Ceiling Fan Market Research Report
By Type
Brushless DC motor Fans, Brushed DC Motor Fans
By Application
Home, Commercial
By Companies
Hunter Fan Company, Casablanca, Monte Carlo, Craftmade, Fanimation, Kichler, Panasonic, Crompton Greaves, SMC, MOUNTAINAIR
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
197
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global DC Electric Ceiling Fan Market Report Segments:
The global DC Electric Ceiling Fan market is segmented on the basis of:
Types
Brushless DC motor Fans, Brushed DC Motor Fans
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hunter Fan Company
- Casablanca
- Monte Carlo
- Craftmade
- Fanimation
- Kichler
- Panasonic
- Crompton Greaves
- SMC
- MOUNTAINAIR
Highlights of The DC Electric Ceiling Fan Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Brushless DC motor Fans
- Brushed DC Motor Fans
- By Application:
- Home
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the DC Electric Ceiling Fan Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
DC Electric Ceiling Fan is a ceiling fan with a built-in electric motor. It uses standard household power to operate, and has no blades or moving parts. This makes it an ideal choice for people who are concerned about the environment or who have allergies to traditional fans.
Some of the major companies in the dc electric ceiling fan market are Hunter Fan Company, Casablanca, Monte Carlo, Craftmade, Fanimation, Kichler, Panasonic, Crompton Greaves, SMC, MOUNTAINAIR.
The dc electric ceiling fan market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 DC Electric Ceiling Fan Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 DC Electric Ceiling Fan Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 DC Electric Ceiling Fan Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the DC Electric Ceiling Fan Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global DC Electric Ceiling Fan Market Size & Forecast, 2020-2028
4.5.1 DC Electric Ceiling Fan Market Size and Y-o-Y Growth
4.5.2 DC Electric Ceiling Fan Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Brushless DC motor Fans
5.2.2 Brushed DC Motor Fans
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global DC Electric Ceiling Fan Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 DC Electric Ceiling Fan Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Brushless DC motor Fans
9.6.2 Brushed DC Motor Fans
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Brushless DC motor Fans
10.6.2 Brushed DC Motor Fans
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Brushless DC motor Fans
11.6.2 Brushed DC Motor Fans
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Brushless DC motor Fans
12.6.2 Brushed DC Motor Fans
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Brushless DC motor Fans
13.6.2 Brushed DC Motor Fans
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 DC Electric Ceiling Fan Market: Competitive Dashboard
14.2 Global DC Electric Ceiling Fan Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hunter Fan Company
14.3.2 Casablanca
14.3.3 Monte Carlo
14.3.4 Craftmade
14.3.5 Fanimation
14.3.6 Kichler
14.3.7 Panasonic
14.3.8 Crompton Greaves
14.3.9 SMC
14.3.10 MOUNTAINAIR
