Australia Ceiling Fans Market Size & Outlook, 2023-2030
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Australia ceiling fans market highlights
- The Australia ceiling fans market generated a revenue of USD 373.4 million in 2023 and is expected to reach USD 508.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, standard was the largest revenue generating product in 2023.
- Decorative is the most lucrative product segment registering the fastest growth during the forecast period.
Ceiling fans market data book summary
| Market revenue in 2023 | USD 373.4 million |
| Market revenue in 2030 | USD 508.7 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Standard |
| Fastest growing segment | Decorative |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Standard, Decorative |
| Key market players worldwide | Griffon Corp, Crompton Greaves Consumer Electricals, Craftmade International, Ferguson PLC, Big Ass Fans, Ajanta Electrical Industries, Fanimation, MegaHOME, Masco Corp |
Other key industry trends
- In terms of revenue, Australia accounted for 2.6% of the global ceiling fans market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China ceiling fans market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,496.5 million by 2030.
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Ceiling Fans Market Scope
Ceiling Fans Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| MegaHOME | View profile | - | Hanoi, NA - Vietnam, Vietnam, Asia | http://www.megahome.vn/gioi-thieu |
| Fanimation | View profile | 11-50 | Zionsville, Indiana, United States, North America | https://www.fanimation.com |
| Ajanta Electrical Industries | View profile | - | Bhopal, Madhya Pradesh, India, Asia | https://www.aeibhopal.com |
| Big Ass Fans | View profile | 501-1000 | Lexington, Kentucky, United States, North America | http://www.bigassfans.com |
| Craftmade International | View profile | 101-250 | Coppell, Texas, United States, North America | https://www.craftmade.com/ |
| Crompton Greaves Consumer Electricals | View profile | 1001-5000 | Mumbai, Maharashtra, India, Asia | https://www.crompton.co.in/ |
| Ferguson PLC | View profile | 36000 | 1020 Eskdale Road, Winnersh Triangle, Wokingham, Berkshire, United Kingdom, RG41 5TS | https://www.fergusonplc.com |
| Masco Corp | View profile | 18000 | 17450 College Parkway, Livonia, MI, United States, 48152 | https://www.masco.com |
| Griffon Corp | View profile | 5700 | 712 Fifth Avenue, 18th Floor, New York, NY, United States, 10019 | https://www.griffon.com |
Australia ceiling fans market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ceiling fans market will help companies and investors design strategic landscapes.
Standard was the largest segment with a revenue share of 59.51% in 2023. Horizon Databook has segmented the Australia ceiling fans market based on standard, decorative covering the revenue growth of each sub-segment from 2018 to 2030.
In Australia, ensuring proper installation of ceiling fans is mandatory, requiring the expertise of a qualified electrician. For ceilings measuring 2.4m or higher, the installation of fans that meet Australian standards is generally permissible.
Market players in Australia offer ceiling fans tailored to the country's climate. With temperatures ranging from hot and dry to humid, fans are essential for maintaining comfort and air circulation in various environments. Calibo Australia Pty Ltd provides a varied selection of ceiling fans that cater to consumer requirements, specifically designed for the Australian climate by a team of Swiss-German engineers.
Its range encompasses fans featuring diverse technologies like energy-efficient DC motors, convenient remote controls, and built-in LED lighting for illumination. Moreover, it offers fans in a variety of sizes, styles, and finishes, catering to both indoor and outdoor settings, giving consumers a plethora of options to enhance comfort and aesthetics.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia ceiling fans market , including forecasts for subscribers. This country databook contains high-level insights into Australia ceiling fans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia ceiling fans market size, by product, 2018-2030 (US$M)
Australia Ceiling Fans Market Outlook Share, 2023 & 2030 (US$M)
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