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Published: Aug, 2019 | Pages:
80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)
The global smart ceiling fans market size is expected to reach USD 993.6 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 5.2% during the forecast period. Rising demand for convenient products coupled with rapid adoption of advanced technology is projected to drive the growth. Furthermore, introduction of innovative features such as climate control coupled with ease of operation, and energy-efficiency is anticipated to fuel the demand for smart fans. Residential application segment held the largest market share exceeding 80% in terms of revenue in 2018. Rising adoption of smart home appliances in developing economies including China and India is expected to promote the growth. The silent and energy-saving features of these products boost the product demand. Smart fans complement the smart and modern home interiors. This factor is anticipated to further propel the regional application segment. Online channel is expected to witness the fastest CAGR of over 6% from 2019 to 2025. Over the past few years, the sales of home appliances through e-commerce have increased significantly. Furthermore, the hassle-free shopping experience of online channels is expected to promote the growth of the segment. Asia Pacific held the largest market share of over 60% in terms of revenue in 2018. Rising purchasing power of the consumers from developing economies, including China and India is anticipated to bode well for the adoption of smart integrated appliances in this region. Additionally, product innovation by key companies including Orient Electric and Havells among others is projected to drive regional market growth in near future. Key competitors in the smart ceiling fans market include Hunter Fan Company; Orient Electric; Delta T, LLC.; Ottomate International; Modern Form; Minka Lighting Inc.; OCECO; Fanimation; Havells India Ltd.; and CG Power and Industrial Solutions Limited. Over the past few years, the companies have been focusing on product innovation to boost their market share. Product launches in terms of, bladeless ceiling fans and LED light fixtures, among others are projected to gain massive traction in the forthcoming years. In December 2017, Exhale Europe launched a bladeless fan that evenly allocates the air in the entire room. Further key findings from the report suggest: • Commercial segment is expected to register the fastest CAGR of 5.5% from 2019 to 2025, attributed to the increasing product demand owing to the features such as energy-efficiency and automatic temperature control • Residential application segment held the largest market share of more than 80% in 2018 • Asia Pacific led the smart ceiling fans market, accounting for more than 60% of revenue share in 2018. Presence of a large number of middle-class population in key markets including China and India is expected to open new growth avenues in near future • Online channel is expected to expand at the fastest CAGR of over 6% from 2019 to 2025
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Smart Ceiling Fans Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Smart Ceiling Fans Market
3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Smart Ceiling Fans Market: Application Estimates & Trend Analysis
5.1. Application Movement Analysis & Market Share, 2018 & 2025
5.2. Residential
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.3. Commercial
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Smart Ceiling Fans Market: Distribution Channel Estimates & Trend Analysis
6.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
6.2. Offline
6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.3. Online
6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Smart Ceiling Fans Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2018 & 2025
7.2. North America
7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.2.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.2.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.2.4. U.S.
7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.2.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.2.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.3.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.3.4. Germany
7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.3.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.3.5. U.K.
7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.5.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.3.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.4.4. China
7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.4.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.4.5. India
7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.5.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.4.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.5. Central & South America
7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.5.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.5.4. Brazil
7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.5.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.5.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.6. Middle East & Africa (MEA)
7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.6.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.6.4. South Africa
7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.6.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.6.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
9.1. Hunter Fan Company
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Orient Electric
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. Delta T, LLC.
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. Ottomate International
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. Minka Lighting Inc.
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. LG Electronics
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Modern Form
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. Fanimation
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. OCECO
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. Havells India Ltd
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
9.11. CG Power and Industrial Solutions Limited
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Strategic Initiatives
List of Tables 1. Smart ceiling fans - Key market driver analysis 2. Smart ceiling fans - Key market restraint analysis 3. Global smart ceiling fans market estimates and forecast for residential applications, 2015 - 2025 (USD Million) 4. Global smart ceiling fans market estimates and forecast for commercial applications, 2015 - 2025 (USD Million) 5. Global smart ceiling fans market estimates and forecast through offline, 2015 - 2025 (USD Million) 6. Global smart ceiling fans market estimates and forecast through online, 2015 - 2025 (USD Million) 7. North America smart ceiling fans market estimates and forecast, 2015 - 2025 (USD Million) 8. North America smart ceiling fans market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 9. North America smart ceiling fans market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 10. U.S. smart ceiling fans market estimates and forecast, 2015 - 2025 (USD Million) 11. U.S. smart ceiling fans market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 12. U.S. smart ceiling fans market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 13. Europe smart ceiling fans market estimates and forecast, 2015 - 2025 (USD Million) 14. Europe smart ceiling fans market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 15. Europe smart ceiling fans market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 16. Germany smart ceiling fans market estimates and forecast, 2015 - 2025 (USD Million) 17. Germany smart ceiling fans market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 18. Germany smart ceiling fans market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 19. U.K. smart ceiling fans market estimates and forecast, 2015 - 2025 (USD Million) 20. U.K. smart ceiling fans market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 21. U.K. smart ceiling fans market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 22. Asia Pacific smart ceiling fans market estimates and forecast, 2015 - 2025 (USD Million) 23. Asia Pacific smart ceiling fans market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 24. Asia Pacific smart ceiling fans market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 25. China smart ceiling fans market estimates and forecast, 2015 - 2025 (USD Million) 26. China smart ceiling fans market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 27. China smart ceiling fans market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 28. India smart ceiling fans market estimates and forecast, 2015 - 2025 (USD Million) 29. India smart ceiling fans market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 30. India Smart ceiling fans market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 31. Central & South America smart ceiling fans market estimates and forecast, 2015 - 2025 (USD Million) 32. Central & South America smart ceiling fans market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 33. Central & South America smart ceiling fans market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 34. Brazil smart ceiling fans market estimates and forecast, 2015 - 2025 (USD Million) 35. Brazil smart ceiling fans market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 36. Brazil smart ceiling fans market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 37. MEA smart ceiling fans market estimates and forecast, 2015 - 2025 (USD Million) 38. MEA smart ceiling fans market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 39. MEA smart ceiling fans market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 40. South Africa smart ceiling fans market estimates and forecast, 2015 - 2025 (USD Million) 41. South Africa smart ceiling fans market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 42. South Africa smart ceiling fans market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 43. Vendor landscape
List of Figures 1. Smart ceiling fans market snapshot 2. Smart ceiling fans market segmentation & scope 3. Smart ceiling fans market penetration & growth prospect mapping 4. Smart ceiling fans value chain analysis 5. Smart ceiling fans market dynamics 6. Smart ceiling fans market Porter's analysis 7. Smart ceiling fans market: Application movement analysis 8. Smart ceiling fans market: Distribution channel movement analysis 9. Smart ceiling fans market: Regional movement analysis
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