Household Type Fans Market Report 2025

The household type fans market size has grown steadily in recent years. It will grow from $32.22 billion in 2024 to $33.31 billion in 2025 at a compound annual growth rate (CAGR) of 3.4%. The growth in the historic period can be attributed to strong economic growth in emerging markets, low-interest rate environment, government schemes and initiatives for housing, growth in world population and increased electrification.

The household type fans market size is expected to see steady growth in the next few years. It will grow to $37.07 billion in 2029 at a compound annual growth rate (CAGR) of 2.7%. The growth in the forecast period can be attributed to global population growth and urbanization, faster economic growth, growth of e-commerce, internet of things (IoT), an increase in global construction activity, energy savings and benefits and steadily increasing global temperatures. Major trends in the forecast period include manufacturing more energy efficient fans, launching new products based on IoT, launching bladeless fans, deploying ai to improve efficiency, offering fans with air purification technology and offering BLDC (brush-less direct-current) motor fans.

The household fans market is poised for growth in the forecast period, primarily fueled by increased electrification, particularly in rural areas. Electrification, combined with a surge in disposable income, has led to heightened demand for household fans. According to the US-based government agency, the Energy Information Administration, the total electricity end-use consumption in the US in 2022 witnessed a 2.6% increase compared to 2021, with retail electricity sales to the residential and commercial sectors surpassing the figures from 2021. The rise in net disposable income per capita, as reported by the Bureau of Economic Analysis in July 2023, contributed to increased purchasing power, thereby fostering growth in the household fans market.

The household fan market is also expected to benefit from the escalating global temperatures. Temperature, a measure of hotness or coldness, is crucial for understanding climate patterns. Household fans play a crucial role in cooling indoor spaces by circulating air, dissipating body heat, and creating a cooling effect, thus enhancing comfort during hot weather. For example, the National Oceanic and Atmospheric Administration reported in November 2023 that September 2023 marked the largest positive monthly global temperature anomaly on record, with a 0.46°C (0.83°F) increase from the previous record set in September 2020. As global temperatures continue to rise, the demand for household fans is expected to grow, driven by the need for effective cooling solutions.

Manufacturers of household fans are increasingly producing energy-efficient products as part of their commitment to reducing carbon footprints and promoting energy savings for consumers. The emergence of energy-efficient appliances is driven by stringent government regulations on electric home appliances and advancements in technology. These fans are specifically designed to minimize energy consumption. Presently, more than 80 countries have established standards and labels for energy-efficient appliances. In the USA, for example, ceiling fans certified by ENERGY STAR are at the forefront of design, employ the latest technology, and boast efficiency levels 60% higher than traditional ceiling fans.

Major companies in the household fan market are concentrating on developing pedestal fans to improve energy efficiency and enhance airflow design. Pedestal fans are a type of portable electric fan mounted on an adjustable stand, allowing users to alter its height and angle for optimal airflow. For example, in September 2022, GM Modular Pvt Ltd., an India-based home automation company, launched the Allure pedestal fans. These fans are designed to deliver effective cooling while adding a stylish element. The oscillation feature ensures even air circulation throughout the room, and multiple speed settings provide flexibility to cater to different cooling preferences. The sleek design presents a modern aesthetic that complements various interior styles. Additionally, the Odyssey Premier Ceiling Fan has been updated with new color options, including Blue Chrome, White, and Black.

In January 2022, Griffon Corporation, a multinational conglomerate based in the United States, completed the acquisition of Hunter Fan Company for a deal valued at $845 million. This strategic move by Griffon Corporation aims to enrich its product portfolio and reinforce its market presence. Hunter Fan Company, operating in the residential ceiling fan industry, brings valuable expertise to the Griffon Corporation portfolio through this acquisition.

Major companies operating in the household type fans market include Midea, NuTone Inc, Big Ass Fans, Lasko, Shell Electric Holdings Limited, Longway, Ottomate, Jupiter, Foshan Carro Electrical Co Ltd, Shunde Damin Enterprise Group Co Ltd, Zhongshan Meihua Electrical Appliance Co Ltd, Cheng Tung Technology Co Ltd, Ningbo Kingsun Anchor Industrial Co Ltd, Shining Electrical Appliance Co Ltd, Sienhua Electric Fan Co Ltd, Comefri China, Zhongshan Kebaishi Electric Appliance Co Ltd, Cixi Changfeng Electrical Appliance Factory, Exhale FANS, CasaFan, Henley Fan, FPZ S.p.A., Fans-tech Electric Co., Ltd, Bosch, Panasonic Corporation, KTD GROUP, Aisberg Company, Philips, Damco Shenzhen, Kinky Curly, Youngo Ltd., Minka, Craftmade, Litex, Fanimation, Kichler, SMC, ACC, MOUNTAINAIR, King of Fans, Airmate, Ajanta Electricals, The Modern Fan Company, Trane Technologies Plc., Loren Cook Company, Greenheck Fan Corp., Howden Group Ltd, Continental Blower LLC., Masco Corporation, Burgan Aircondition & Ventalitions, MOHSEN KUWAIT ESTABLISHMENT, Alhasawi Industrial Group, Electro Al Jazirah, Fantasia Ceiling Fans, Fresh Electric S.A.E, Samsung Electronics Egypt S.A.E, Universal COMPANY, KIMBO EGYPT.

Asia-Pacific was the largest region in the household type fans market share in 2024 Western Europe was the second-largest region in the global household type fans market. The regions covered in the household type fans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the household type fans market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

A household fan is a mechanical air circulation device mounted on the ceiling of a room, usually powered by electricity and equipped with rotating blades located at the hub. This device is intended to circulate air in a home setting, enhancing comfort and improving air quality.

The primary product categories of household fans include ceiling fans, table fans, pedestal fans, exhaust fans, and wall fans. A ceiling fan, an electrically powered mechanical fan, is suspended from a room's ceiling to circulate air through hub-mounted rotating paddles. Household fans utilize various types of current, such as AC residential fans and DC residential fans. The distribution of fans is carried out through store-based retailing, direct sales, and non-store-based retailing channels, catering to both home and commercial applications.

The household fans market research report is one of a series of new reports that provides household fans market statistics, including household fans industry global market size, regional shares, competitors with household fans market share, detailed household fans market segments, market trends and opportunities, and any further data you may need to thrive in the household fans industry. This household fans market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The household fans market consists of sales of household electric fans including ceiling fans, table fans, pedestal fans, exhaust fans and wall fans. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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