Global Ceiling Fans Market Size & Outlook, 2023-2030
Global ceiling fans market, 2018-2030 (US$M)
Related Markets
Global ceiling fans market highlights
- The global ceiling fans market generated a revenue of USD 14,247.3 million in 2023 and is expected to reach USD 19,924.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.9% by 2030.
- In terms of segment, standard accounted for a revenue of USD 9,070.1 million in 2023.
- Decorative is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 14,247.3 million |
| Market revenue in 2030 | USD 19,924.4 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Standard |
| Fastest growing segment | Decorative |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Standard, Decorative |
Other key industry trends
- In terms of revenue, the North America accounted for 20.4% of the global ceiling fans market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 644.4 million by 2030.
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Ceiling Fans Market Scope
Ceiling Fans Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global 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 63.66% in 2023. Horizon Databook has segmented the Global ceiling fans market based on standard, decorative covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Ceiling Fans Product Outlook (Revenue, USD Million, 2018-2030)
- Standard
- Decorative
- Global Ceiling Fans Type Outlook (Revenue, USD Million, 2018-2030)
- Indoor
- Outdoor
- Global Ceiling Fans Size Outlook (Revenue, USD Million, 2018-2030)
- Small
- Medium
- Large
- Global Ceiling Fans Application Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Commercial
- Global Ceiling Fans Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Offline
- Online
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Horizon Databook provides a detailed overview of global-level data and insights on the Global ceiling fans market , including forecasts for subscribers. This global databook contains high-level insights into Global ceiling fans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global ceiling fans market size, by region, 2018-2030 (US$M)
Top 10 countries: Ceiling fans market size, 2023 (US$M)
Global ceiling fans market share, by product, 2023 & 2030 (%, US$M)
Ceiling fans market: Opportunity assessment by country
Global ceiling fans market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,550.2 | 2,622.3 | 2,654.1 | 2,729.7 | 2,812.9 | 2,903.7 | 3,002.4 | 3,109.8 | 3,227.3 | 3,354.5 | 3,492.6 | 3,643.4 | 3,807.6 | 4.0% |
| Europe | 2,134.8 | 2,201.5 | 2,234.8 | 2,305.4 | 2,383.1 | 2,467.7 | 2,559.5 | 2,659.7 | 2,769.1 | 2,887.8 | 3,016.7 | 3,157.8 | 3,311.4 | 4.3% |
| Asia Pacific | 5,203.2 | 5,431.4 | 5,581.0 | 5,827.5 | 6,097.0 | 6,390.3 | 6,709.1 | 7,056.4 | 7,436.1 | 7,848.9 | 8,299.2 | 8,792.6 | 9,332.6 | 5.6% |
| Latin America | 1,152.5 | 1,192.8 | 1,215.4 | 1,258.4 | 1,305.6 | 1,357.0 | 1,412.8 | 1,473.8 | 1,540.3 | 1,612.5 | 1,691.0 | 1,777.0 | 1,870.9 | 4.7% |
| MEA | 938.8 | 975.8 | 998.3 | 1,037.9 | 1,081.3 | 1,128.6 | 1,180.0 | 1,235.9 | 1,297.1 | 1,363.5 | 1,435.9 | 1,515.2 | 1,601.9 | 5.1% |
| Overall | 11,979.5 | 12,423.8 | 12,683.6 | 13,158.9 | 13,679.9 | 14,247.3 | 14,863.8 | 15,535.6 | 16,269.9 | 17,067.2 | 17,935.4 | 18,886.0 | 19,924.4 | 4.9% |
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