Global Electric Fan market will reach 4110 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/8/2

In 2017, Global Electric Fan total market size was 4556 Million USD, with a slow growth in recent years, according to QYR analysis, the market is expected to reach 4110 Million USD by the end of 2025. Shocked by products such as air conditioners, the overall market for electric fans is not very optimistic, showing a downward trend.

Geographically, the consumption market is leading by APAC Regions, sales in regions like China, Japan, Southeast Asia and India is supporting the development of the market. In terms of year 2017, China holds the largest consumption market share, with about 31.55% share, followed by North America, Europe, Southeast Asia and India. Electric Fan Production bases also concentrated in APAC regions, especially China, India Manufacturers will see a significant growth in the short period to come, with the growing cost the Chinese Manufacturers.

Midea and Airmate are the biggest two players in Electric Fan market, with about 9.11% and 7.93% market share separately in 2017. Other leading market players in Electric Fan market include Hunter Fan Company, Crompton Greaves, Gree, Panasonic, Emerson, Big Ass Fans, Haier, Lian, Westinghouse, SINGFUN, AUCMA etc. the market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control and etc.

Each of the Electric Fan manufacturers has its own mature sales networks. Through retailer and resells, their authorized distributors or their partners, those Electric Fan manufacturers keep keen on expanding their Electric Fan sales. To achieve better sales businesses, Electric Fan manufacturers usually invest on their marketing channel infrastructure every year.

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