Market Overview:
The global indoor rotary fans 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 and eco-friendly cooling solutions across the globe. Additionally, factors such as rising disposable income and growing awareness about health and hygiene are also contributing to the growth of this market. On the basis of type, floor fans are expected to account for a larger share of the global indoor rotary fans market than ceiling fans during the forecast period. This can be attributed to their low cost and easy installation as compared with ceiling fans.
Product Definition:
An indoor rotary fan is a type of fan that blows air in a circular pattern. Indoor rotary fans are typically used to cool rooms or to circulate air in a room. They are often used in conjunction with other types of cooling devices, such as air conditioners or evaporative coolers. Indoor rotary fans can also be used to improve the circulation of heated air in winter months.
Floor Fan:
A floor fan is a device used to move air in a horizontal or vertical direction using blades attached to the body of the fan. The basic function of these fans is to provide cooling and circulation around people, animals, and objects. Floor fans are generally powered by electricity; however, some portable models are fueled by batteries. These devices can be table-mounted or wall-mounted depending on their size and power rating.
Ceiling Fan:
A ceiling fan is a device that is used for cooling by moving air. It consists of a motor, a base, and several blades. The rotation of the blades causes the air to move in circles creating an airflow which helps in maintaining the temperature inside the room. Ceiling fans are available with different speeds as per consumer requirements and they can be adjusted accordingly using remote controls or switches installed on them.
Application Insights:
The commercial segment held the largest share of more than 70.0% in 2017. The growth can be attributed to the rising construction activities in commercial spaces, such as offices and shops, across various regions of the world. In addition, a growing number of hospitals and restaurants are also expected to contribute towards segment growth over the forecast period.
The household application is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing consumer spending on home remodeling projects that include installing new appliances and equipment for enhancing their living space including air conditioners and heaters along with other electrical appliances such as refrigerators.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing disposable income and rapid urbanization. Furthermore, rising awareness regarding indoor climate control among consumers is anticipated to fuel demand for rotary fans in this region.
The European market also accounted for a significant share of revenue in 2017 due to high demand from residential applications. Moreover, technological advancements such as digital display and remote control are projected to boost regional growth over the forecast period.
Growth Factors:
- Increasing demand for energy-efficient appliances: The global market for energy-efficient appliances is expected to grow at a CAGR of more than 9% from 2016 to 2020. This is owing to the increasing awareness about the benefits of using energy-efficient appliances, such as reducing electricity bills and greenhouse gas emissions. Indoor rotary fans are one of the most efficient types of fans and are thus expected to witness high demand in the coming years.
- Rising disposable income in developing countries: A large population in developing countries is moving up the income ladder, which is resulting in an increase in their purchasing power. This has led to a surge in demand for consumer goods, including indoor rotary fans.
- Growing popularity of ceiling fans: Ceiling fans are becoming increasingly popular as they offer several advantages over other types of fans, such as occupying less space and being easier to install and maintain. Moreover, they help cool down a room quickly by circulating air evenly throughout it. As a result, indoor rotary fan manufacturers are focusing on launching new models that can be mounted on ceilings easily.
Scope Of The Report
Report Attributes
Report Details
Report Title
Indoor Rotary Fans Market Research Report
By Type
Floor Fan, Ceiling Fan
By Application
Household, Commercial
By Companies
Hunter Fan Company, Emerson Ceiling Fans, Minka, Craftmade, Panasonic, Crompton Greaves, Orient fans, Havells India, SMC, Fanimation, Midea, Mountain Air Filters, Airmate
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Indoor Rotary Fans Market Report Segments:
The global Indoor Rotary Fans market is segmented on the basis of:
Types
Floor Fan, Ceiling Fan
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
Household, 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
- Emerson Ceiling Fans
- Minka
- Craftmade
- Panasonic
- Crompton Greaves
- Orient fans
- Havells India
- SMC
- Fanimation
- Midea
- Mountain Air Filters
- Airmate
Highlights of The Indoor Rotary Fans 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:
- Floor Fan
- Ceiling Fan
- By Application:
- Household
- 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 Indoor Rotary Fans 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
An indoor rotary fan is a type of fan that uses a motor to rotate the blades. This type of fan is often used in places where it is difficult to get good air circulation, such as an office or home.
Some of the major companies in the indoor rotary fans market are Hunter Fan Company, Emerson Ceiling Fans, Minka, Craftmade, Panasonic, Crompton Greaves, Orient fans, Havells India, SMC, Fanimation, Midea, Mountain Air Filters, Airmate.
The indoor rotary fans market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Indoor Rotary Fans 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 Indoor Rotary Fans Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Indoor Rotary Fans 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 Indoor Rotary Fans 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 Indoor Rotary Fans Market Size & Forecast, 2020-2028
4.5.1 Indoor Rotary Fans Market Size and Y-o-Y Growth
4.5.2 Indoor Rotary Fans 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 Floor Fan
5.2.2 Ceiling Fan
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 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Indoor Rotary Fans 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 Indoor Rotary Fans 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 Floor Fan
9.6.2 Ceiling Fan
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 Household
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 Floor Fan
10.6.2 Ceiling Fan
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 Household
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 Floor Fan
11.6.2 Ceiling Fan
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 Household
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 Floor Fan
12.6.2 Ceiling Fan
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 Household
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 Floor Fan
13.6.2 Ceiling Fan
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 Household
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 Indoor Rotary Fans Market: Competitive Dashboard
14.2 Global Indoor Rotary Fans Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hunter Fan Company
14.3.2 Emerson Ceiling Fans
14.3.3 Minka
14.3.4 Craftmade
14.3.5 Panasonic
14.3.6 Crompton Greaves
14.3.7 Orient fans
14.3.8 Havells India
14.3.9 SMC
14.3.10 Fanimation
14.3.11 Midea
14.3.12 Mountain Air Filters
14.3.13 Airmate
