Industry Overview:
IMARC Group’s latest research report, titled “GCC Ceiling Fan Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The GCC ceiling fan market is expected to exhibit a CAGR of 1.90% during 2022-2027.One of the primary factors driving the market is the rising awareness of the economic and environmental benefits of ceiling fans. Additionally, the growing trend of spending on premium products of home décor is creating a positive market outlook. Other than this, technological innovations in ceiling fans, including lighting and decorative fans in different colors, designs, sizes, and styles, are escalating influencing the product demand.
Besides this, key players are introducing brushless direct current (BLDC) motors that provide various advantages, such as low noise write for us technology, longevity, lightweight, compactness, and energy costs, thus propelling the market growth. Furthermore, the launch of ceiling fans with new innovative features, including interchangeable blades, remote connectivity through smart devices, and voice control, is strengthening the market growth. Moreover, rapid globalization is leading to easy accessibility of this product through numerous distribution channels, thus creating lucrative growth opportunities for the leading players operating in the industry.
Important Attribute and highlights of the Report:
- Detailed analysis of the
- market share
- Market Segmentation by product type, fan size, distribution channel and end use.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for GCC Ceiling Fan Market
- Strategies of major players and product offerings
The market in GCC is majorly driven by the growing production of smart ceiling fans that are controlled by voice assistance devices. Furthermore, the heating temperature experiencing an upsurging rise across the GCC countries is expected to impact the product’s usage significantly. Moreover, the increasing investments in the tourism sector fostering the construction of tourist accommodation places, such as resorts, cottages, lodges, and others, are contributing to the market. Besides this, consumer spending on premium home décor products is further catalyzing the demand for ceiling fans.
They consist of aluminum or plastic blades, a capacitor, a flywheel, a holder, and a rotor. The warm air is attracted upward due to the rotation mechanism of the fan. In comparison to air conditioners and coolers, ceiling fans are more economical, energy-efficient, and have a longer shelf-life and lesser capital investment. In recent years, ceiling fans have gained traction in the GCC countries due to their widespread adoption in residential and commercial spaces.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | Million Units |
| Segment Coverage | Product Type, Fan Size, Distribution Channel, End Use, Country |
| Region Covered | Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report
Key Market Segmentation:
Breakup by Product Type:
- Standard Fan
- Decorative Fan
- High Speed Fan
- Energy Saving Fan
- Others
by Fan Size:
- Small
- Medium
- Large
by Distribution Channel:
- Offline
- Online
by End Use:
- Residential
- Commercial
- Industrial
by Country:
- Saudi Arabia
- UAE
- Qatar
- Oman
- Kuwait
- Bahrain
TOC for the GCC Ceiling Fan Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- GCC Ceiling Fan Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
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