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A Report About Electric Fan Market
2023-10-09 Industry News Visits:425

A fan is a powered machine used to create flow within a fluid, typically a gas such as air. A fan consists of a rotating arrangement of vanes or blades which act on the air. The rotating assembly of blades and hub is known as an impeller, a rotor, or a runner. Usually, it is contained within some form of housing or case.[1] This may direct the airflow or increase safety by preventing objects from contacting the fan blades. Most fans are powered by electric motors, but other sources of power may be used, including hydraulic motors, handcranks, internal combustion engines, and solar power.

 

According to our latest study, the global Electric Fan market size was valued at USD 4424.5 million in 2022 and is forecast to a readjusted size of USD 4053.3 million by 2029 with a CAGR of -1.2(Percent) during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

 

Global drill collar main players include Panasonic, Emerson, Westinghouse, Hunter Fan Company, Midea, Airmate, Gree, AUCMA, SINGFUN, Haier, Lian, Big Ass Fans, Crompton Greaves, etc., totally accounting for about 30(Percent) of the market. China is the largest market, with a share over 35(Percent). As for the types of products, it can be divided into ceiling fan, wall mount fans, desk or table Fans, floor standing fans and others. The most common product is ceiling fan, with a share over 38(Percent). In terms of applications, it is widely used in household and Commercial. Household is the largest application, holding a share over 65(Percent).