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. A ceiling fan is an electrically powered appliance suspended from a room’s ceiling to circulate air. It induces an evaporative cooling effect and slow movement into the still, thereby effectively cooling the hot air in the space. It is widely preferred among consumers, owing to its advantageous properties over air-conditioners, such as high energy efficiency, better shelf-life, low power consumption, and cost-effectiveness. As a result, ceiling fans are extensively adopted in residential, industrial, and commercial sectors across the GCC countries.
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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.
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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
Breakup by Fan Size:
Breakup by Distribution Channel:
Breakup by End Use:
Breakup by Country:
- Saudi Arabia
TOC for the GCC Ceiling Fan Market Research Report:
- Scope and Methodology
- Executive Summary
- GCC Ceiling Fan Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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