Global Large Cooling Fan Market

Fans and blowers are machines that provide ventilation, the flow of air (or gas) required for cooling, exhausting, and conveying, and are used to overcome the airflow resistance caused by components such as ducts and dampers. The main types of fans and blowers are centrifugal fans and blowers, axial fans and blowers, and others. Centrifugal fans and centrifugal blowers are air-moving pumps or motors used for moving air through a duct. Axial fans and blowers are used as propellers to draw air into the fan and discharge it in the parallel axial direction. An axial fan forces the extracted air to move parallel to the shaft around which the blades rotate. The fans and blowers are used in various sectors, including industrial, commercial, and others. The fans and blowers market research report is one of a series of new reports from The Business Research Company that provides fans and blowers market statistics, including fans and blowers industry global market size, regional shares, competitors with a fans and blowers market share, detailed fans and blowers market segments, market trends and opportunities, and any further data you may need to thrive in the fans and blowers industry. This fans and blowers 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 global fans and blowers market size grew from $5.92 billion in 2022 to $6.5 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The fans and blowers market size is expected to grow to $8.11 billion in 2027 at a CAGR of 5.7%. The growing construction sector is expected to propel the growth of the fans and blowers market going forward. The construction sector refers to the sector of industry and trade that deals with creating, maintaining, and repairing infrastructures. Fans and blowers are used in the construction sector to provide air for ventilation and industrial process requirements. For instance, in January 2022, according to Global Construction Perspectives and Oxford Economics, a UK-based leader in global economic forecasting and econometric analysis, by 2030, the global construction production is expected to increase by 85% to $15.5 trillion, with China, the United States, and India taking the lead and contributing 57% of the increase. Over the next 15 years, the US construction market is going to expand more quickly than China's. Therefore, the growing construction sector is driving the growth of the fans and blowers market. Technological advancements are shaping the fans and blower market. Companies manufacturing fans and blowers have introduced technologies such as liquid cooling technology for better performance. For instance, in September 2020, Boyd Corporation, a US-based company, designed a low-profile cooling ultra-thin and lightweight blower using liquid cooling technology. These are as thin as 3mm which functions well in high pressure and provides cooling while maintaining durability and are designed in thin and ultra-thin profiles, which are ideal for the smaller, more powerful devices. In December 2020, the Greenheck Group, a US-based company manufacturing air movement and control equipment announced the acquisition of Metal Industries, for an undisclosed amount. Through this acquisition, Greenheck aims to expand its brand portfolio by offering air movement, control, and conditioning equipment. Metal Industries, Inc. is a US-based company that offers fans and blowers, air distribution products, and air terminal units. Major players in the fans and blowers market are Acme Engineering and Manufacturing Corporation, Aerzener Maschinenfabrik GmbH, Air System Components Inc., Cincinnati Fan, and Ventilator Company Inc., Continental Blower LLC, Zhejiang Shangfeng Fan/motor Co. Ltd., Garden Denver Inc., Greenheck Fan Corporation, Howden Engineering Limited, Johnson Controls International plc, Kaeser Compressors, Munters, Nanfang Ventilator Co. Ltd., Polypipe Ventilation, Robinson Fans Inc., Soler & Palau Sistemas de Ventilación S.L.U., Systemair, Twin City Fan Companies, Ventmeca Fans Inc., Vortice Elettrosociali S.p.A., Zhejiang Shangfeng Fan/motor Co. Ltd., CG Power and Industrial Solutions Limited, Industrial Solutions Limited, and Loren Cook Company. Asia-Pacific was the largest region in the fans and blowers market in 2022. The regions covered in the fans and blowers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fans and blowers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The fans and blowers market consists of sales of displacement blowers, rotary lobe blowers, helical screw blowers, centrifugal blowers, multistage centrifugal blowers, high-speed blowers, regenerative blowers. 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. The global fans and blowers market is segmented - 1) By Type: Centrifugal Fans And Blowers, Axial Fans And Blowers, Other Types 2) By Distribution Channel: Online, Offline 2) By Application: Industrial, Commercial, Other Applications

The attic and exhaust fans refer to a device that are used in warmer months when temperatures in an attic can exceed 120 °F (49 °C) or to pull excess moisture and unwanted odours out of a particular room or area. The main types of attic and exhaust fans are attic fans and exhaust fans. Attic fans refer to ventilation fan that regulates the heat level of a building's attic by exhausting hot air. The material used is metal and plastic. The various applications involved are industrial, commercial, and residential. The attic and exhaust fans market research report is one of a series of new reports from The Business Research Company that provides attic and exhaust fans market statistics, including attic and exhaust fans industry global market size, regional shares, competitors with attic and exhaust fans market share, detailed attic and exhaust fans market segments, market trends and opportunities, and any further data you may need to thrive in the attic and exhaust fans industry. This attic and exhaust fans market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global attic and exhaust fans market size will grow from $8.95 billion in 2022 to $9.64 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global attic and exhaust fans market size is expected to grow to $12.67 billion in 2027 at a CAGR of 7.1%. The growth in the number of industries across the world contributed to the growth of the attic and exhaust fans market. Exhaust fans are used to remove contaminants like dust, fumes, and vapors, to provide a safe environment for work. For example, a steel manufacturing plant uses an exhaust fan to create the difference between indoor and outdoor air environments so that airflow can be generated to eliminate the exhausting gas while manufacturing. According to India Brand Equity Foundation (IBEF), in India, the number of micros, small and medium enterprises (MSMEs) has increased from 2.12 million units in 2019 to 2.51 million units in 2020, a growth of 18.5%. Therefore, the growth in several industries across the world boosted the demand for industrial exhaust fans which in turn influenced the market for attic and exhaust fans positively. Exhaust fans can cause depressurization in a house and this factor is expected to limit the growth of the attic and exhaust fans market. Exhaust fans can depressurize a house and lower the pressure indoors concerning the outside. Depressurized houses or places will also have a higher difference in temperature between inside and outside. The risk of the absence of pressure in a house results in higher utility costs, poor indoor air quality, and damp inside walls of houses. Therefore, such factors are expected to hurt the growth of the attic and exhaust fans market. Increasing demand for smart attic fans is an emerging trend in the attic and exhaust fans market. A smart attic fan is a device that has a built-in thermostat/humidistat, and variable speed motor, and is operated using applications. For instance, QuietCool AFG SMT-3.0 smart attic fan from Quiet Cool Colorado runs at the 3,000 CFM setting when the attic is at its hottest point and again the smart attic fan automatically cycles itself down to the lower speeds as the attic starts to cool down. Major players in the attic and exhaust fans market are Greenhack, Systemair, Twin City Fan, Howden, Soler & Palau, Attic Breeze LLC., Industrial Fans Direct, Daltec Fans, Atmox Inc., and Wayne's Solar Inc. The Asia-Pacific was the largest region in the attic and exhaust fans market in 2022. Western Europe was the second largest region in the global attic and exhaust fans market. The regions covered in the global attic and exhaust fans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the attic and exhaust fans market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The attic and exhaust fans market consists of sales of ridge vents, off ridge vents, box vents, hard-wired powered attic vents, solar powered attic vents, roof turbines, cupola vents, and soffit vents. 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. The global attic and exhaust fans market is segmented - 1) By Type: Attic Fans, Exhaust Fans 2) By Material: Metal, Plastic 3) By Application: Industrial, Commercial, Residential

A household-type fan is defined as a device that consists of a rotating arrangement of blades designed to circulate air throughout an entire room. The main types in the household fans manufacturing market are ceiling fans, table fans, pedestal fans, exhaust fans, wall fans. Ceiling fans in the household fans manufacturing market refer to the fan that is mounted on a ceiling. The various types of current are ac residential fans, dc residential fans. The various distribution channels are store-based retailing, direct sales, non-store-based retailing. These are used in the home, and commercial. The household fans manufacturing market research report is one of a series of new reports from The Business Research Company that provides household fans manufacturing market statistics, including household fans manufacturing industry global market size, regional shares, competitors with a household fans manufacturing market share, detailed household fans manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the household fans manufacturing industry. This household fans manufacturing 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 global household type fans market will grow from $29.24 billion in 2022 to $30.87 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global household type fans market is expected to grow to $36.44 billion in 2027 at a CAGR of 4.2%. Increased electrification especially in rural areas has contributed to the growth of the household fans market in the historic period. Electrification coupled with the rise in disposable income has boosted the demand for household fans. For example, in India, the percentage of the rural population with access to electricity increased to 89.3%. The Percapita net disposable income increased to $2,018.53. The rise in disposable income increased the purchasing power of the people which in turn has increased the market for household fans. Increased tariffs on raw materials such as steel and aluminum restrained the market for household fans in the historic period. Steel and aluminum are predominantly used in the manufacture of components such as blades for fans. Increasing import tariffs on raw materials such as steel hindered the market for household fans. For instance, the USA imposed 25% and 10% tariffs on the import of steel and aluminum respectively. Household fan manufacturers are increasingly producing energy-efficient products to reduce their carbon footprint and enable energy savings for consumers. The rise of energy-efficient appliances can be attributed to stringent government regulations on electric home appliances and advances in technology. Energy-efficient fans are designed to utilize minimum energy. Currently, over 80 countries have standards and labels for energy-efficient appliances. For example, in the USA, ENERGY STAR-certified ceiling fans provide cutting-edge design, use the latest technology, and are 60% more efficient than conventional ceiling fans. In May 2022, RR Kabel, an India-based wire and cable manufacturer company acquired Luminous Home Electrical business from Schneider for an undisclosed amount. This acquisition will benefit RR Kabel's consumer electricals business, which includes a diverse portfolio of fans, lighting, and appliances. Luminous Home Electrical Business is an India-based electronics and electrical company. Major players in the household fans manufacturing market are Hunter Fan Company, Casablanca, Emerson Ceiling Fans, Minka, Monte Carlo, Craftmade, Litex, Fanimation, Kichler, and Panasonic. The Asia-Pacific was the largest region in the household fans market in 2022. Western Europe is the second-largest region in the global household fans market. The regions covered in the global household fans manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the household fans manufacturing market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, USA, and Australia. The household type fans market consists of sales of ceiling fans, table fans, pedestal fans, exhaust fans, wall fans, and other household type 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. The global household fans market is segmented - 1) By Type Of Product: Ceiling Fans, Table Fans, Pedestal Fans, Exhaust Fans, Wall Fans 2) By Type of Current: AC Residential Fans, DC Residential Fans 3) By Application: Home, Commercial 4) By Distribution Channel: Store-based Retailing, Direct Sales, Non-Store-based Retailing

A ceiling fan is a device suspended from the ceiling of a room, with hub-mounted rotating blades that circulate the air, thereby producing a cooling effect. They have a better shelf-life, low power consumption, and are cost-effective. It is used to evenly distribute and circulate the air that's in the room and to improve the décor of the rooms. The main types of ceiling fans are standard fans, decorative fans, high-speed fans, energy-saving fans, and other types. Standard ceiling fans are conventional ceiling fans with metal blades used for circulating air in homes and offices. The ceiling fans are applied in residential and commercial buildings and distributed through online and offline channels. The ceiling fans market research report is one of a series of new reports from The Business Research Company that provides ceiling fans market statistics, including ceiling fans industry global market size, regional shares, competitors with a ceiling fans market share, detailed ceiling fans market segments, market trends and opportunities, and any further data you may need to thrive in the ceiling fans industry. This ceiling fans market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global ceiling fans market size grew from $9.48 billion in 2022 to $10.09 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The ceiling fans market size is expected to grow to $11.61 billion in 2027 at a CAGR of 3.6%. The increasing growth of the construction industry is significantly contributing to the growth of the ceiling fans market. Construction is the process of building, altering, repairing, remodeling, improving, or demolishing any structure. Ceiling fans are helpful in the construction industry by introducing premium products such as decorative fans, and lighting fans, which offer higher margins, thereby increasing their profitability. For instance, according to the United States Construction Databook Series, the U.S. construction industry is expected to increase by more than 15% in 2021. Also, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, in December 2021, there were 1,873,000 building permits granted while the number of housing completions stood at 1,295,000. Therefore, the increasing growth of the construction industry is driving the growth of the ceiling fans market. The introduction of air-purifying ceiling fans has emerged as a key trend gaining popularity in the ceiling fans market. Companies operating in ceiling fans are introducing innovative products to meet consumer demand and strengthen their position. For instance, in March 2022, Havells India Limited, an Indian electrical equipment company, launched a Stealth Puro Air, India’s first air purifying ceiling fan with a three-stage air purifier that filters PM2.5 and PM10 pollution, as well as Volatile organic compounds (VOCs). It offers a Clean Air Delivery Rate (CADR) of 130 cubic meters per hour. Stealth Puro Air is designed to promote a healthy lifestyle while also providing excellent comfort and well-being in the fast-paced lives of consumers. In December 2021, Griffon Corporation, a US-based management, and holding company acquired Hunter Fan Company for an undisclosed amount. The acquisition is expected to enhance Griffon's product portfolio while accelerating its growth and online market presence. Hunter Fan Company is a US-based manufacturer of ceiling fans. Major players in the ceiling fans market are Emerson Electric Co., Del Mar Fans & Lighting, Crompton Greaves Consumer Electricals Limited, Shell Electric Mfg. (China) Co. Ltd., Broan-NuTone LLC, Minka Group, Ajanta Electricals, Big Ass Fans, Casablanca, The Henley Fan Company Ltd., Monte Carlo, Mega Home Appliances, and Havells India Ltd. Asia-Pacific was the largest region in the ceiling fans market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ceiling fans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the ceiling fans market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The ceiling fan market consists of sales of standard ceiling fan, low-profile ceiling fans, dual-motor ceiling fans, smart ceiling fans, and outdoor ceiling 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. The global ceiling fans market is segmented - 1) By Type: Standard Fan, Decorative Fan, High Speed Fan, Energy Saving Fan, Other Types 2) By End Use: Residential, Commercial 3) By Distribution: Offline, Online

The ventilation, heating, air-conditioning, and commercial refrigeration equipment refers to equipment used for ventilating, heating, and cooling of commercial buildings. This equipment includes both a central heating unit and a central cooling system. This equipment is used to operate complex environmental systems efficiently. The main types of ventilation, heating, air-conditioning, and commercial refrigeration equipment are HVAC and commercial and industrial refrigeration equipment, commercial fan, and air purification equipment, and heating equipment (except warm air furnaces). The commercial fan and air purification equipment refer to the equipment that is used for the purification of air. The various cAsia-Pacificity includes small, medium, and large. The various end-users are residential, commercial, and industrial. The ventilation, heating, air-conditioning, and commercial refrigeration equipment market research report is one of a series of new reports from The Business Research Company that provides ventilation, heating, air-conditioning, and commercial refrigeration equipment market statistics, including ventilation, heating, air-conditioning, and commercial refrigeration equipment industry global market size, regional shares, competitors with ventilation, heating, air-conditioning, and commercial refrigeration equipment market share, detailed ventilation, heating, air-conditioning, and commercial refrigeration equipment market segments, market trends and opportunities, and any further data you may need to thrive in the ventilation, heating, air-conditioning, and commercial refrigeration equipment industry. This ventilation, heating, air-conditioning, and commercial refrigeration equipment 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 global ventilation, heating, air-conditioning, and commercial refrigeration equipment market grew from $557.38 billion in 2022 to $591.99 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The ventilation, heating, air-conditioning, and commercial refrigeration equipment market is expected to grow to $729.35 billion in 2027 at a CAGR of 5.4%. The ventilation, heating, air-conditioning, and commercial refrigeration equipment manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user markets, thereby driving the market during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the ventilation, heating, air-conditioning, and commercial refrigeration equipment manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing activity declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Machinery manufacturers depend heavily on the supply of raw materials, parts, and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of raw materials and components. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the ventilation, heating, air-conditioning, and commercial refrigeration equipment manufacturing market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Geothermal heating and cooling technology are becoming popular because of the surge in demand for energy-efficient HVAC systems. Geothermal HVAC absorbs heat from the facility and transfers it underground and it uses cool water from the ground to create cool air conditioning in the facility. It consists of an indoor handling unit and a system of pipes underground which requires very low maintenance and lasts longer than traditional HVAC systems. Geothermal heating and cooling systems are now installed in about 50,000 US houses each year, according to the US Department of Energy. Major companies in the ventilation, heating, air-conditioning, and commercial refrigeration equipment market include Johnson Controls International plc, Gree Electric Appliances Inc., Midea Group co Ltd., Hitachi Ltd., Ingersoll-Rand Plc, Honeywell International Inc., Carrier Corporation, Danfoss GmbH, Atlas Copco AB, and Panasonic Corporation. The Asia-Pacific was the largest region in The ventilation, heating, air-conditioning, and commercial refrigeration equipment market in 2022. North America was the second-largest region in the ventilation, heating, air-conditioning, and commercial refrigeration equipment market. The regions covered in the ventilation, heating, air-conditioning, and commercial refrigeration equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the ventilation, heating, air-conditioning, and commercial refrigeration equipment market include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The ventilation, heating, air-conditioning, and commercial refrigeration equipment market consists of sales of ventilation, heating, air-conditioning, and commercial refrigeration equipment, including heating equipment (except warm air furnaces), air-conditioning, and warm air heating equipment. 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. The global ventilation, heating, air-conditioning, and commercial refrigeration equipment market is segmented - 1) By Type: HVAC And Commercial And Industrial Refrigeration Equipment, Commercial Fan And Air Purification Equipment, Heating Equipment (except Warm Air Furnaces) 2) By Capacity: Small, Medium, Large 3) By End-Use: Residential, Commercial, Industrial Subsegments Covered: HVAC Equipment, Commercial And Industrial Refrigeration Equipment, Polystyrene Foam Products, Urethane And Other Foam Product, Air Purification Equipment, Attic And Exhaust fans, Other Commercial Fan And Air Purification Equipment, Heating Boilers, Heating Stoves, Floor And Wall Furnaces, Other Heating Equipment (except Warm Air Furnaces)

Small electric appliance manufacturing is defined as semi-portable or portable machines that are used on tabletops or countertops to do certain household tasks. The main products of small electrical appliances are household-type fans, household-type vacuum cleaners, and other household-type small electric appliances. A fan is an electrical appliance used for cooling. The various types of household fans include ceiling fans, table fans, tower fans, wall-mounted fans, pedestal fans, exhaust fans, and misting fans. The small electrical appliances are used for home, and commercial applications that are distributed through supermarkets and hypermarkets, specialty stores, e-commerce, and another distribution channel. The small electrical appliances manufacturing market research report is one of a series of new reports from The Business Research Company that provides small electrical appliances manufacturing market statistics, including small electrical appliances manufacturing industry global market size, regional shares, competitors with small electrical appliances manufacturing market share, detailed small electrical appliances manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the small electrical appliances manufacturing industry. This small electrical appliances manufacturing 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 global small electrical appliance market size will grow from $133.98 billion in 2022 to $150.64 billion in 2023 at a compound annual growth rate (CAGR) of 12.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global small electrical appliance market size is expected to grow to $232.29 billion in 2027 at a CAGR of 11.4%. Increased electrification especially in rural areas has contributed to the growth of the small electrical appliances market in the forecast period. Electrification coupled with the rise in disposable income has boosted the demand for household-type fans. For example, The net disposable income Per capita rose to $1,836.68 during the 2019-2020 period, exhibiting a spike of 6.8% compared to the previous period, with a growth rate of 10.0%. The rise in disposable income increased the purchasing power of the people which in turn has increased the market for small electrical appliances. A rise in awareness about the adverse effects of high energy consumption and the carbon footprint associated with the usage of several small electrical appliances is expected to restrain the market in the forecast period. Several factors such as increasing internet penetration led to an increase in awareness about the consumption of energy, the rising cost of energy, and adverse effects associated with the usage of several household appliances such as vacuum cleaners.in July 2020, according to Proceedings of the National Academy of Sciences of the United States of America(PNAS), a US-based academy, Residential energy use(through electrical appliances) accounts for roughly 20% of greenhouse gas (GHG) emissions in the United States. As per the survey on 93 million individual households, this influence climate, affluence, energy infrastructure, urban form, and building attributes (age, housing type, heating fuel) in driving these emissions. These factors will limit the growth of small electrical appliances. Small electrical appliance manufacturers are increasingly producing energy-efficient products to reduce carbon footprint and enable energy savings for the consumers. The rise of energy-efficient appliances can be attributed to stringent government regulations on electric home appliances and advances in technology. Energy efficient fans are designed to utilize minimum energy. Currently, over 80 countries have standards and labels for energy-efficient appliances. For example, in the USA, ENERGY STAR-certified ceiling fans provide cutting-edge design, use the latest technology, and are 60% more efficient than conventional ceiling fans. In 2021, Electrolux acquired La Compagnie du SAV (CSAV), the main French independent service provider (ISP) specializing in repairing domestic appliances. The acquisition is fully in line with the Electrolux Group strategy to offer outstanding experiences to consumers, ensuring they get the most out of their appliances during the complete lifecycle of the product. With this acquisition, they can further strengthen their service network in France allowing them to meet the growing market demand in the after-sales service area in the best possible way. Major players in the small electrical appliances market are AB Electrolux, Dyson Ltd., Panasonic Corporation, Koninklijke Philips N.V., Haier Group Corporation, Midea, Miele & Cie. KG, Samsung Electronics Co., Ltd., LG Electronics, and BISSELL. Asia-Pacific was the largest region in the small electrical appliances market in 2022. Western Europe was the second-largest region in the global small electrical appliance market. The regions covered in the global small electrical appliance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the small electrical appliances market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The small electrical appliance manufacturing market consists of sales of bath fans, ceiling fans, desk fans, nu fac floor standing fans, exhaust fans, canister vacuum cleaners, upright vacuum cleaners, central vacuum cleaners, blenders, coffee machines, cutters, electric kettles, mixer grinders, sandwich makers, toasters, vacuum cleaners, and other small electrical appliances. 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 turning, 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. The global small electrical appliance market is segmented - 1) By Product: Household Type Fans, Household Type Vacuum Cleaners, Other Household Type Small Electric Appliances 2) By Application: Home, Commercial 3) By Distribution Channel: Supermarket & Hypermarkets, Specialty Stores, E-Commerce, Others Distribution Channel

A household fan is a mechanical air-circulating device suspended from a room's ceiling that is typically powered by electricity and has revolving paddles located on the hub. The main product types of household fans are ceiling fans, table fans, pedestal fans, exhaust fans, and wall fans. A ceiling fan is a mechanical fan, usually electrically powered, suspended from a room's ceiling that circulates air via hub-mounted rotating paddles. Household fans use different types of current such as AC residential fans and DC residential fans. Fans are distributed through store-based retailing, direct sales, and non-store-based retailing distribution channels that are used for home and commercial applications. The household fans manufacturing market research report is one of a series of new reports from The Business Research Company that provides household fans manufacturing market statistics, including household fans manufacturing industry global market size, regional shares, competitors with household fans manufacturing market share, detailed household fans manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the household fans manufacturing industry. This household fans manufacturing 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 global household type fans market size will grow from $29.24 billion in 2022 to $30.87 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global household type fans market size is expected to grow to $36.44 billion in 2027 at a CAGR of 4.2%. Increased electrification especially in rural areas will contribute to the growth of the household fans market in the forecast period. Electrification coupled with the rise in disposable income has boosted the demand for household fans. According to theMacrotends report, US-based stock screener, in India, the percentage of population with access to electricity was 99.0% in 2020 with the increase of 1.69 % as compare to the previous year. The net disposable income Per capita rose to $1,836.68 during the 2019-2020 period, exhibiting a spike of 6.8% compared to the previous period, with a growth rate of 10.0%. The rise in disposable income increased the purchasing power of the people which in turn has increased the market for household fans. Increased tariffs on raw materials such as steel and aluminum will restrain the market for household fans in the forecast period. Steel and aluminum are predominantly used in the manufacture of components such as blades for fans. Increasing import tariffs on raw materials such as steel hindered the market for household fans. For instance, in February 2020, the USA administration decided to raise tariffs on derivative steel and aluminum imports by 25% and 10%, respectively. Household fan manufacturers are increasingly producing energy-efficient products to reduce their carbon footprint and enable energy savings for consumers. The rise of energy-efficient appliances can be attributed to stringent government regulations on electric home appliances and advances in technology. Energy efficient fans are designed to utilize minimum energy. Currently, over 80 countries have standards and labels for energy-efficient appliances. For example, in the USA, ENERGY STAR-certified ceiling fans provide cutting-edge design, use the latest technology, and are 60% more efficient than conventional ceiling fans. In January 2022, Griffon Corporation, a US-based multinational conglomerate, acquired Hunter Fan Company for a deal of $845 million. Through this acquisition, Griffon Corporation aims to enhance its product portfolio and strengthen its market presence. Hunter Fan Company is a US-based company operating in the residential ceiling fan industry.  Major players in the household fans market are Hunter Fan Company, Casablanca, Emerson Ceiling Fans, Minka, Monte Carlo, Craftmade, Litex, Fanimation, Kichler, Panasonic, and Crompton Greaves. Asia-Pacific was the largest region in the household fans market in 2022 Western Europe was the second-largest region in the global household type fans market. The regions covered in the global household type fans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the household fans market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. 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. The global household type fans market is segmented - 1) By Type Of Product: Ceiling Fans, Table Fans, Pedestal Fans, Exhaust Fans, Wall Fans 2) By Type of Current: AC Residential Fans, DC Residential Fans 3) By Application: Home, Commercial 4) By Distribution Channel: Store-based Retailing, Direct Sales, Non-Store-based Retailing

Commercial fan facilitates airflow to various processes of many industries. Air Purification Equipment refer to a device, works by removing gases, vapors, aerosols, or a combination of contaminants from the air through the use of filters, cartridges, or canisters. The main types of commercial fan and air purification equipment are air purification equipment, attic and exhaust fans, and other types. Air purification equipment refers to the machinery that purifies the unpure air into a pure one. The various technologies include high-efficiency particulate absorption/absorber (HEPA, activated carbon, electrostatic precipitator, ultraviolet (UV) light air purifier, ionic air purifier, and other technologies. The various capacities are small, medium, and large. The commercial fan and air purification equipment market research report is one of a series of new reports from The Business Research Company that provides commercial fan and air purification equipment market statistics, including commercial fan and air purification equipment industry global market size, regional shares, competitors with a commercial fan and air purification equipment market share, detailed commercial fan, and air purification equipment market segments, market trends and opportunities, and any further data you may need to thrive in the commercial fan and air purification equipment industry. This commercial fan and air purification equipment 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 global commercial fan and air purification equipment market grew from $73.18 billion in 2022 to $79.52 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The commercial fan and air purification equipment market is expected to grow to $106.81 billion in 2027 at a CAGR of 7.7%. Technological advances in commercial fan and air purification equipment drove the market in the historic period. Increased access to the internet and the use of smartphones supported the development and consumption of innovative technologically enabled appliances. According to the GSMA annual State of Mobile Internet Connectivity report 2021, 51% of the world’s population (over 4 billion people) were using the internet by mobile by the end of 2020, which is an increase of 225 million since the end of 2019. Further, increasing integration of the Internet of Things (IoT) with appliances allowed customers to connect with their appliances via the internet and remotely control essential tasks by collecting data. Thus, technological advances drove the market for air purifiers in the historic period. High adoption and maintenance costs are expected to limit the growth of the air purifier market. Air purifiers are considered premium products due to the high adoption cost in both developed and developing countries. According to consumer reports, air purifiers range from $200 to $900 and the maintenance is high due to the change of filters two or three times a year, and some air purifiers have multiple filters. For instance, considering the average carbon-activated filter air purifier that eliminates bad odors on the market, the filter needs to be replaced every three months to be effective, which costs $50, then there is an additional cost of the main filter which ranges from $20 to $200 each. The Honey wells Air Touch S8 is a HEPA technology-based air purifier that costs around $500 (36,000 INR) in India and is a multiple-filter air purifier. The filter should be replaced every 4 months, which costs $40 (3,000 INR) each time. , Therefore, high adoption and maintenance costs are expected to affect the air purifiers market’s growth. The growing popularity of smart air purifiers is a major trend in the market. With air pollution increasing across the world, a growing awareness of allergies, pollution, and climate change is increasing consumer concern about the quality of the air they breathe. As a result, air purifiers are growing in popularity. Smart air purifiers are devices that are connected to other devices via the internet, and other technologies such as Bluetooth, near field communication (NFC), and Wi-Fi. The rise of the Internet of Things (IoT) technology also supports the development of smart air purifiers. Smart air purifiers allow the air quality to be monitored and managed from a smartphone application, which provides a live reading of quality data. For instance, in November 2022 Samsung India Electronics Ltd. (SIEL), a subsidiary of Samsung Electronics Company Ltd (SECL) of South Korea Samsung India Electronics Ltd. (SIEL), a subsidiary of Samsung Electronics Company Ltd (SECL), a Korea-based technology company, launched two models of air purifiers, AX46 and AX32. These purifiers are Internet of Things (IoT)-enabled and remove nanoparticles, ultrafine dust, bacteria, and allergens. Major companies in the commercial fan and air purification equipment market include Honeywell International Inc., Panasonic Corporation, Carrier Corporation, Hitachi, Ltd., Sharp Corporation, 3M Company, Regal Beloit Corporation, SPX FLOW Inc., Illinois Tool Works Inc., and Helen of Troy Ltd. The Asia-Pacific was the largest region in commercial fan and air purification equipment in 2021. Western Europe was the second largest region in the commercial fan and air purification equipment. The regions covered in the commercial fan and air purification equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the commercial fan and air purification equipment market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The commercial fan and air purification equipment market consists of sales of industrial dust and fume collection equipment, electrostatic precipitation equipment, warm air furnace filters, air washers, and other dust collection equipment, and blowers, such as commercial exhaust fans and commercial ventilating 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. The global commercial fan and air purification equipment market is segmented - 1) By Type: Air Purification Equipment, Attic And Exhaust fans, Other Commercial Fan And Air Purification Equipment 2) By Technology Type: High Efficiency Particulate Absorption/Absorber (HEPA, Activated Carbon, Electrostatic Precipitator, Ultra Violet (UV) Light air purifier, Ionic Air Purifier, Other Technology Types 3) By Capacity: Small, Medium, Large