Household Type Fans Global Market Report 2022 – Opportunities And Strategies – Global Forecast To 2031

The Business Research Company’s Household Type Fans Market 2022 – Opportunities And Strategies – Global Forecast To 2031

LONDON, GREATER LONDON, UK, October 24, 2022 /EINPresswire.com/ -- 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 innovative design, use the latest technology and are 60% more efficient than conventional ceiling fans.

Growth of population globally is expected to drive the demand for household type fans going forward. An increase in population boosts the need for various electronic equipment, including household type fans. According to data from the UN, the world population is expected to reach 9.8 billion by 2050. The rising urbanization is also expected to contribute to the growth of the market in the forecast period. Globally, urbanization is increasing at a rapid pace. According to the United Nations, by 2050, it is estimated that around 68% of the total world population will live in urban areas, up from the 55% of the world's population living in urban areas currently. The rapid growth in urbanization and global population especially in the developing economies is expected to generate high demand for the household type fans market.

Read more on the Global Household Type Fans Market Report
https://www.thebusinessresearchcompany.com/report/household-type-fans-market

The global household type fans market size is expected to grow from $27.43 billion in 2021 to $36.60 billion in 2026 at a rate of 5.9%. The global household type fans market share is then expected to grow at a CAGR of 3.4% from 2026 and reach $43.29 billion in 2031.

Major players covered in the global household type fans industry are Midea, Crompton Greaves, Orient Electric, NuTone Inc., Havells India.

TBRC’s household type fans market report is segmented by type of product into ceiling fans, table, pedestal and wall fans, exhaust fans, others, by type of current into AC residential fans, DC residential fans, by application into home, commercial, by distribution channel into store based retailing, direct sales, non-store based retailing.

Household Type Fans Market 2022 – By Type Of Product (Ceiling Fans, Table, Pedestal and Wall Fans, Exhaust Fans And Other), By Type of Current (AC Residential Fans, DC Residential Fans), By Application (Home, Commercial), By Distribution Channel (Store-based Retailing, Direct Sales, Non Store based Retailing), And By Region, Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides a household type fans market overview, forecast household type fans market size and growth for the whole market, household type fans market segments, geographies, household type fans market trends, household type fans market drivers, restraints, leading competitors’ revenues, profiles, and market shares.

Request for a Sample of the Global Household Type Fans Market Report
https://www.thebusinessresearchcompany.com/sample.aspx?id=6467&type=smp

Not what you were looking for? Here is a list of similar reports by The Business Research Company:

Fans and Blowers Global Market Report 2022 – By Type (Centrifugal Fans And Blowers, Axial Fans And Blowers, Other Types), By Application (Industrial, Commercial, Other Applications), By Distribution Channel (Online, Offline) – Market Size, Trends, And Global Forecast 2022-2026
https://www.thebusinessresearchcompany.com/report/fans-and-blowers-global-market-report

Household Fans Global Market Report 2022 – By Type Of Product (Ceiling Fans, Table Fans, Pedestal Fans, Exhaust Fans, Wall Fans), By Type of Current (AC Residential Fans, DC Residential Fans), By Application (Home, Commercial), By Distribution Channel (Store-based Retailing, Direct Sales, Non-Store-based Retailing) – Market Size, Trends, And Global Forecast 2022-2026
https://www.thebusinessresearchcompany.com/report/household-fans-global-market-report

Attic And Exhaust Fans Market Report 2022 – By Type (Attic Fans, Exhaust Fans), By Material (Metal, Plastic), By Application (Industrial, Commercial, Residential) – Market Size, Trends, And Global Forecast 2022-2026
https://www.thebusinessresearchcompany.com/report/attic-and-exhaust-fans-global-market-report

About The Business Research Company?
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Check out our:
TBRC Blog: http://blog.tbrc.info/
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Healthcare Blog: https://healthcareresearchreports.com/

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
Twitter
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.