Logo
India Electric Fan Market Outlook, 2026

India Electric Fan Market Outlook, 2026

Bonafide Research 31-03-2021 130 Pages Figures : 47 Tables : 32
Region : Asia-Pacific Category : Consumer Goods & Services Appliances & Equipment

1. Bajaj Electricals Limited

2. Havells India Limited

3. Khaitan Electricals Limited

4. Luminous Power Technologies Private Limited

5. Orient Electric Limited

More...

The transitional climate of India given a hike for the electric fan in the market. Fans are now everywhere as compare to the air conditioner. From 17th to 21st-century fans have been a great source of cooler air circulation. India's Electric fan market is mostly ruled by the organized and unorganized market which has given a vast range of electric fans. The emergence of competition between organized and unorganized players has also lead to change in the dynamics of the industry. However, growth in terms of revenue and volume has been greatly witnessed by the organized market. The unorganized market has mostly catered to the rural market, revenue from the unorganized market incurred more than INR 1500 crore for the current fiscal year.

Fans help to lower down the temperature, controlling humidity while providing energy-efficient benefits. From the floor fans to tower fans, there is a range of fans in the market. India electric fans have mostly four types which are very common are ceiling fans, table fans, Pedestal fans, Wall fans. According to the report titled “India Electric Fan Market, 2026” by Bonafide Research the revenue from ceiling fans is growing with a CAGR of more than 11% from the last five years. The implementation of Government schemes to increase the penetration of electricity in India would give a hike to the consumption of Electric fans in India. According to the region, though south India would lead the in the market however west India would show a robust increase in its market share. As there is an increase in purchasing power by consumers, demand for premium fans has been more. The organized fan market is dominated by Crompton Greaves, Havells, Orient, Usha, Bajaj, Khaitan Electricals dominates the market. These national brands have built their brand image over a period of time, through continuous advertising and a good dealer network. Companies are widening their modern trade market network to penetrate with better space. The companies have also launched fans at affordable prices which have affected the unorganized market growth rate. The organized market has three price segments viz. Economy fans are those whose price is lower than Rs.1500, Regular fans range from Rs.1500-2500 and Premium fans are above Rs. 2500 for a single fan. Among them, regular fans have the largest market share. With the changing lifestyle of people and increase of disposable income demand for Premium fans creating its unique space in an India Electric market. The unorganized market does not have these price segments.

Key product type
• Ceiling Fans
• Table Fans
• Pedestal Fans
• Wall Fans
• Others types of fans(Exhaust Fans,Multi-Utility fans,etc)

Considered in the report
• Geography: India
• Base year: 2019-20
• Historical year: 2014-15
• Forecasted year: 2025-26

This report would help you answer the following questions:
1. What is the market size and forecast of the India Electric Fan Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the India Electric Fan Market during the forecast period?
3. Which region outstands in the India Electric Fan Market?
4. Which are the segments to invest in over the forecast period in the India Electric Fan Market?
5. What is the competitive strategic window for opportunities in the India Electric Fan Market?
6. What are the technology trends and regulatory frameworks in the India Electric Fan Market?
7. What are the major companies in the India Electric Fan Market?

Read More

Card image cap

Interested in this report?
Get your FREE sample!

Requirement Gathering & Methodology
Data Collection Techniques
Our Research Team & Data Sourcing
Data Science & Analytical Tools
Data Visualization & Presentation Skills
Project/ Report Delivery & After Sales Services