China Ceiling Fans Market Size & Outlook, 2023-2030
Related Markets
China ceiling fans market highlights
- The China ceiling fans market generated a revenue of USD 2,167.1 million in 2023 and is expected to reach USD 3,019.1 million by 2030.
- The China market is expected to grow at a CAGR of 4.9% 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 2,167.1 million |
| Market revenue in 2030 | USD 3,019.1 million |
| Growth rate | 4.9% (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, China accounted for 15.2% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
China 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 66.74% in 2023. Horizon Databook has segmented the China ceiling fans market based on standard, decorative covering the revenue growth of each sub-segment from 2018 to 2030.
In the China ceiling fan market, there has been a notable trend of incorporating smart technology into fans, enabling users to remotely control fan speed, direction, and lighting using smartphone apps or voice commands. Moreover, manufacturers are placing a strong emphasis on energy efficiency by equipping fans with DC motors to lower power consumption.
Brilltech Vayu, based in China, offers a comprehensive range of ceiling fans equipped with cutting-edge technology to meet diverse consumer needs. Its product lineup includes various models designed for different environments, such as residential, commercial, and industrial spaces.
Integrated with advanced features like Brushless Direct Current (BLDC) motors, these fans ensure energy efficiency and superior performance. Brilltech Vayu also integrates innovative design elements and materials to enhance durability and aesthetics, providing consumers with reliable and stylish ceiling fan solutions.
Reasons to subscribe to China ceiling fans market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China ceiling fans market databook
-
Our clientele includes a mix of ceiling fans market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China ceiling fans market , including forecasts for subscribers. This country databook contains high-level insights into China ceiling fans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China ceiling fans market size, by type, 2018-2030 (US$M)
China Ceiling Fans Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
