U.S. Ceiling Fans Market Size & Outlook, 2023-2030
U.S. ceiling fans market, 2018-2030 (US$M)
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U.S. ceiling fans market highlights
- The U.S. ceiling fans market generated a revenue of USD 2,388.1 million in 2023 and is expected to reach USD 3,088.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.7% 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 2,388.1 million |
| Market revenue in 2030 | USD 3,088.7 million |
| Growth rate | 3.7% (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, U.S. accounted for 16.8% 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 North America, U.S. ceiling fans market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 450.0 million by 2030.
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Ceiling Fans Market Scope
Ceiling Fans Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 57.74% in 2023. Horizon Databook has segmented the U.S. ceiling fans market based on standard, decorative covering the revenue growth of each sub-segment from 2018 to 2030.
Within the U.S., rules and regulations controlling manufacturing and installation apply to the ceiling fans market. These rules, which address issues like electrical wiring, support structures, blade clearance, and adherence to local and federal building codes, guarantee that safety and quality requirements are satisfied.
In terms of the test standard for ceiling fan energy efficiency ratings, most countries outside of the United States use the IEC 60879-based test protocol, whereas the United States of America (USA) has its own test protocol.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. ceiling fans market , including forecasts for subscribers. This country databook contains high-level insights into U.S. ceiling fans market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. ceiling fans market size, by product, 2018-2030 (US$M)
U.S. Ceiling Fans Market Outlook Share, 2023 & 2030 (US$M)
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