Market Overview:
The global wall mount fans market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient appliances and rising awareness about their benefits among consumers. In addition, the growing construction and real estate industry is also expected to drive the demand for wall mount fans in commercial applications. The global wall mount fans market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into remote control, mechanical control, and others (including Wi-Fi enabled). The remote control segment is anticipated to hold a major share of the market due to its ease of use and convenience offered to users. On the basis of application, it can be classified into household use and commercial use segments. The household use segment dominates this market owing to an increase in residential construction across different regions worldwide.
Product Definition:
A wall-mounted fan is a fan that is attached to the wall, rather than placed on a table or stand. Wall-mounted fans can be used to cool down a room, circulate air, or exhaust fumes.
Remote Control:
The global remote control market is expected to witness significant growth over the forecast period. The rise in demand for energy-efficient products has led to a surge in the adoption of wall mounted fans across residential and commercial applications. Remote control allows users to adjust speed, direction, and other functions of the device from a distance away from the device itself. This factor is anticipated to positively influence industry growth over the next seven years.
Mechanical Control:
Mechanical control is a device that regulates the speed of a fan. It can be used in wall mount fans, ceiling mounted fans, and portable fans. The mechanical controls are available as switches or dials on the device itself or it can be connected to the controlling system through wires or wireless connection.
Advantages of using mechanical control over electrical controls: Disadvantages of using electrical control: Electrical controls may get affected by surrounding environmental conditions like temperature.
Application Insights:
The commercial use segment dominated the global wall mount fans market in 2017, accounting for over 60% of the overall revenue share. The growth can be attributed to an increase in commercial construction activities across the globe. Commercial constructions require large and efficient ventilation systems to remove smoke from inside buildings during cooking and heating processes. This has resulted in a significant demand for products with high air flow capacity, which is driving the product demand globally.
The household use segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to rising consumer awareness regarding better hygiene conditions at home coupled with increasing spending capabilities among households globally. Increasing urbanization along with rising living standards has created positive outlook for residential construction activities across various regions, which will further fuel product demand over next seven years or so locally relevant units (LSU).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid urbanization and increasing disposable income in emerging countries, such as China and India. Moreover, rising awareness regarding energy conservation is anticipated to drive the demand for air conditioning across this region over the forecast period.
The Middle East & Africa (MEA) accounted for a significant share in 2017 owing to high adoption of remote control fans across this region due t o cultural habits followed by consumers in UAE and Saudi Arabia wherein they prefer using air conditioning during hot summer season instead of opening windows or using electric fans which consume huge electricity thus leading towards higher utility bills.
Growth Factors:
- Increasing demand for energy-efficient appliances: Wall mount fans are considered to be more energy-efficient as compared to other types of fans. This is one of the primary reasons for the increasing demand for wall mount fans in the market.
- Rising awareness about health and hygiene: With an increase in awareness about health and hygiene, people are inclining towards using wall mount fans as they offer better air circulation as compared to other types of fans.
- Growing popularity of minimalist homes: A growing number of people are preferring minimalist homes, which has led to an increase in the demand for wall mount fans as they occupy less space than traditional ceiling or pedestal Fans .
- Rising disposable income levels: Higher disposable income levels have enabled consumers to invest in more expensive appliances such as wall mount Fans , thereby driving its growth in the market. 5) Technological advancements: The advent of new technologies has led to the development of advanced features in wall mounted Fans , thereby attracting a larger number if consumers towards it
Scope Of The Report
Report Attributes
Report Details
Report Title
Wall Mount Fans Market Research Report
By Type
Remote Control, Mechanical Control, Others,
By Application
Household Use, Commercial Use,
By Companies
Panasonic, Midea, AUCMA, SINGFUN, Haier, Shenzhen Lianchuang Technology Group Co.,Ltd, Airmate, Air King, Hurricane, Tornado
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Wall Mount Fans Market Report Segments:
The global Wall Mount Fans market is segmented on the basis of:
Types
Remote Control, Mechanical Control, Others,
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 Use, Commercial Use,
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:
- Panasonic
- Midea
- AUCMA
- SINGFUN
- Haier
- Shenzhen Lianchuang Technology Group Co.,Ltd
- Airmate
- Air King
- Hurricane
- Tornado
Highlights of The Wall Mount 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:
- Remote Control
- Mechanical Control
- Others
- By Application:
- Household Use
- Commercial Use
- 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 Wall Mount 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
- 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?
Wall mount fans are a type of fan that is mounted on the wall. They are typically smaller in size than ceiling fans and can be more convenient to use because they do not require a power outlet.
Some of the major players in the wall mount fans market are Panasonic, Midea, AUCMA, SINGFUN, Haier, Shenzhen Lianchuang Technology Group Co.,Ltd, Airmate, Air King, Hurricane, Tornado.
The wall mount fans market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wall Mount Fans Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wall Mount Fans Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wall Mount Fans Market - Supply Chain
4.5. Global Wall Mount Fans Market Forecast
4.5.1. Wall Mount Fans Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wall Mount Fans Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wall Mount Fans Market Absolute $ Opportunity
5. Global Wall Mount Fans Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wall Mount Fans Market Size and Volume Forecast by Type
5.3.1. Remote Control
5.3.2. Mechanical Control
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wall Mount Fans Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wall Mount Fans Market Size and Volume Forecast by Application
6.3.1. Household Use
6.3.2. Commercial Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wall Mount Fans Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wall Mount Fans Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wall Mount Fans Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wall Mount Fans Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wall Mount Fans Demand Share Forecast, 2019-2026
9. North America Wall Mount Fans Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wall Mount Fans Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wall Mount Fans Market Size and Volume Forecast by Application
9.4.1. Household Use
9.4.2. Commercial Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wall Mount Fans Market Size and Volume Forecast by Type
9.7.1. Remote Control
9.7.2. Mechanical Control
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wall Mount Fans Demand Share Forecast, 2019-2026
10. Latin America Wall Mount Fans Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wall Mount Fans Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wall Mount Fans Market Size and Volume Forecast by Application
10.4.1. Household Use
10.4.2. Commercial Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wall Mount Fans Market Size and Volume Forecast by Type
10.7.1. Remote Control
10.7.2. Mechanical Control
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wall Mount Fans Demand Share Forecast, 2019-2026
11. Europe Wall Mount Fans Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wall Mount Fans Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wall Mount Fans Market Size and Volume Forecast by Application
11.4.1. Household Use
11.4.2. Commercial Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wall Mount Fans Market Size and Volume Forecast by Type
11.7.1. Remote Control
11.7.2. Mechanical Control
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wall Mount Fans Demand Share, 2019-2026
12. Asia Pacific Wall Mount Fans Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wall Mount Fans Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wall Mount Fans Market Size and Volume Forecast by Application
12.4.1. Household Use
12.4.2. Commercial Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wall Mount Fans Market Size and Volume Forecast by Type
12.7.1. Remote Control
12.7.2. Mechanical Control
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wall Mount Fans Demand Share, 2019-2026
13. Middle East & Africa Wall Mount Fans Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wall Mount Fans Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wall Mount Fans Market Size and Volume Forecast by Application
13.4.1. Household Use
13.4.2. Commercial Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wall Mount Fans Market Size and Volume Forecast by Type
13.7.1. Remote Control
13.7.2. Mechanical Control
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wall Mount Fans Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wall Mount Fans Market: Market Share Analysis
14.2. Wall Mount Fans Distributors and Customers
14.3. Wall Mount Fans Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Panasonic
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Midea
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AUCMA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SINGFUN
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Haier
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shenzhen Lianchuang Technology Group Co.,Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Airmate
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Air King
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hurricane
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tornado
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
