India Electric Fan market Overview, 2022-28

India Electric Fan Market | The revenue from the India Electric fan market is going to cross INR 16000 Crore by the year 2027-2028.

Featured Companies

  • 1. Bajaj Electricals Limited
  • 2. Havells India Limited
  • 3. Khaitan Electricals Limited
  • 4. Luminous Power Technologies Private Limited
  • 5. Orient Electric Limited
  • 6. Panasonic India Private Limited
  • More...

Fans are probably one of the few inventions that have not gone out of fashion even after 125 years of existence. To keep pace with the changing times, manufacturers have focused on improving design, efficiency, and look. Electric fan, which features in the high-market penetration product category, is an item of necessity and mass consumption. It is very high in terms of purchase priority amongst entry-level/basic necessity category durable and the second 'most wanted' consumer durable in rural India after bicycle. The fan market primarily includes the ceiling and table fans along with the modified versions like the pedestal fans, wall fans, exhaust fans, cooling fans or fresher fans, etc.

India's Electric fan market has two markets Organized and unorganized market among which an organized market is ruling the country. A large number of players in the organized and unorganized market has established a broad market of India Electric fans. As per the report titled “India Electric Fan Overview, 2022-28”, Bonafide research the revenue from the India Electric fan market is going to cross INR 16000 Crore by the year 2027-28. India electric fans have mostly four very common types ceiling fans, table fans, Pedestal fans, and Wall fans. During the forecasted years the market is going to increase in niche categories like premium fans, Energy-efficient fans, and customized or decorative fans. Companies have taken some concentrated steps to increase their distribution channel and to cater to the rural market with an increase in electricity penetration. The implementation of Government schemes to increase the penetration of electricity in India would give a hike to the consumption of Electric fans.

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 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: 2021-22
• Historical year: 2016-17
• Forecasted year: 2027-28

Approach for the Report:
Bonafide Research performed primary as well as secondary research for this study. Initially, a list of manufacturers and suppliers operating in the baby mobility equipment market of India were sourced through secondary sources. With the identified companies and consumers, primary research was carried out which included conducting online surveys, competitor analysis and exhaustive personal interviews - both face to face as well as telephonic basis, to extract maximum information from participants like industry executives/ distributors or consumers. Primary research gave us an idea of company revenues, export, pricing, geographical presence, channel partner model, USP etc. and also helped us to identify various small organized players who otherwise have very less presence on the web. Bonafide Research seeks secondary data from third-party sources such as published articles, company websites, magazine articles, associations, trade journals, annual reports, government official websites and other paid database sources. In addition, data is also mined from a host of reports in our repository, as well as a number of paid databases of Indian government. Using both primary and secondary information, Bonafide Research calculated the market size through a bottom-up approach, where manufacturers’ value sales data for different types of baby mobility products were recorded and subsequently forecasted for the future years.

Intended Audience:
This report can be useful to Industry consultants, manufacturers, suppliers, associations & organizations related to Electric Fan industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

What's Inside a Bonafide Research`s industry report?

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

Download Sample

Make this report your own

Have queries/questions regarding a report?

Take advantage of intelligence tailored to your business objective

Arun Kalwani

Arun Kalwani

Research Analyst

Don’t pay for what you don’t need. Save 30%

Customise your report by selecting specific countries or regions

Specify Scope Now
Arun Kalwani

Companies Mentioned

  • Bajaj Electricals Limited
  • Havells India Limited
  • Khaitan Electricals Limited
  • Luminous Power Technologies Private Limited
  • Orient Electric Limited
  • Panasonic India Private Limited
  • Surya Roshni Limited
  • Usha International Limited
  • Crompton Greaves Consumer Electricals Limited
  • Vishva Electrotech Limited.

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. India Macro Economic Indicators
  • 2.8. Demographics Insight
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. India Electric Fan Market Outlook
  • 4.1. Market Size by Value
  • 4.2. Market Size by Volume
  • 4.3. Market Share
  • 4.3.1. By Region
  • 4.3.2. By Product Type (Value & Volume)
  • 4.4. India Organized Electric Fan Market
  • 4.4.1. Market Size by Valueby Category
  • 4.4.2. Market Size by Volume
  • 4.4.3. Market Share
  • 4.5. India Unorganized Electric Fan Market
  • 4.5.1. Market Size by Value
  • 4.5.2. Market Size by Volume
  • 4.5.3. Market Share by Product Type (Value & Volume)
  • 5. India Ceiling Fan Market Outlook
  • 6. India Table Fan Market Outlook
  • 7. India Pedestal Fan Market Outlook
  • 8. India Wall Fan Market Outlook
  • 9. Pricing Analysis
  • 10. Company Profiles
  • 10.1. Crompton Greaves Limited.
  • 10.2. Usha International Limited.
  • 10.3. Orient Electric Limited
  • 10.4. Havells India Limited
  • 10.5. Bajaj Electricals Limited
  • 10.6. Khaitan Electricals Limited
  • 10.7. Surya Roshni Limited
  • 10.8. Panasonic Life Solution IndiaPrivate Limited.
  • 10.9. VishvaElectrotech Limited.
  • 10.10. Luminous Power Technologies Limited
  • 11. Strategic Recommendations
  • 12. Disclaimer

List of Tables


Table 1: India Electric Fan MarketShare Value & Volume by State 2021-22
Table 2: List of HS Codes in India Pertaining to Electric Fans
Table 3: Key Facts of Crompton Greaves Limited.
Table 4: Key Facts of Usha International Limited
Table 5: Key Facts of Orient Electric Limited
Table 6: Key Facts of Havells India Limited
Table 7: Key Facts of Bajaj Electricals Limited
Table 8: Key Facts of Khaitan Electricals Limited
Table 9: Key Facts of Surya Roshni Limited
Table 10: Key Facts of Panasonic Life Solution India Pvt. Ltd.
Table 11: Key Facts of VishvaElectrotech Ltd.
Table 12: Key Facts of Luminous Power Technologies Limited

List of Figures

Figure 1: India Electric Fan Market Size – By Value 2016-17, 2021-22, 2027-28F (INR Crore)
Figure 2: India Electric Fan Market Size – By Volume 2016-17, 2021-22, 2027-28F(Million Units)
Figure 3: India Electric Fan Market Share –By Region by Value 2021-22 & 2027-28F
Figure 4: India Electric Fan Market Share – By Product Type by Value 2021-22 & 2027-28F
Figure 5: India Organized Electric Fan Market Size – By Value 2016-17, 2021-22, 2027-28F(INR Crore)
Figure 6: India Organized Electric Fan Market Size Forecast – By Value 2021-22 to 2027-28F (INR Crore)
Figure 7: India Organized Electric Fan Market Size – By Volume 2016-17, 2021-22, 2027-28F (Million Units)
Figure 8: India Economy Fan Market Size –By Volume 2016-17, 2021-22, 2027-28F (Million Units)
Figure 9: India Regular Fan Market Size – By Volume 2016-17, 2021-22, 2027-28F (Million Units)
Figure 10: India Premium Fan Market Size – By Volume 2016-17, 2021-22, 2027-28F (Million Units)
Figure 11: India Organized Electric Fan Market Share – By Company 2019-20
Figure 12: India Unorganized Electric Fan Market Size – By Value 2016-17, 2021-22, 2027-28F(INR Crore)
Figure 13: India Unorganized Electric Fan Market Size – By Volume 2016-17, 2021-22, 2027-28F (Million Units)
Figure 14: India Unorganized Electric Fan Market Share – By Product Type by Value 2021-22 & 2027-28F
Figure 15: India Unorganized Electric Fan Market Share – By Product Type by Volume
Figure 16: India Ceiling Fan Market Size – By Value 2016-17, 2021-22, 2027-28F (INR Crore)
Figure 17: India Table Fan Market Size – By Value 2016-17, 2021-22, 2027-28F (INR Crore)
Figure 18: India Pedestal Fan Market Size – By Value 2016-17, 2021-22, 2027-28F (INR Crore)
Figure 19: India Wall Fan Market Size – By Value 2016-17, 2021-22, 2027-28F(INR Crore)
Figure 20: Distribution channel followed by electric fan manufacturers in India
Figure 21: Porter's Five Forces Meter of Indian Electric Fan Market

Feed Phosphate Market Research FAQs

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.

the revenue from ceiling fans is growing with a CAGR of more than 11% from the last five years.

Crompton Greaves, Havells, Orient, Usha, Bajaj, Khaitan Electricals dominates the market.

Why Bonafide Research?

  • Our seasoned industry experts bring diverse sector experience, tailoring methodologies to your unique challenges.
  • Leveraging advanced technology and time-tested methods ensures accurate and forward-thinking insights.
  • Operating globally with a local touch, our research spans borders for a comprehensive view of international markets.
  • Timely and actionable insights empower swift, informed decision-making in dynamic market landscapes.
  • We foster strong client relationships based on trust, transparency, and collaboration.
  • Our dedicated team adapts and evolves strategies to meet your evolving needs.
  • Upholding the highest standards of ethics and data security, we ensure confidentiality and integrity throughout the research process.

How client has rates us?

Requirement Gathering & Methodology
92%
Data Collection Techniques
97%
Our Research Team & Data Sourcing
93%
Data Science & Analytical Tools
81%
Data Visualization & Presentation Skills
86%
Project/ Report Delivery & After Sales Services
88%
Logo

India Electric Fan market Overview, 2022-28

We are friendly and approachable, give us a call.