What is Stand Fans?
Stand fans are also called pedestal fans to provide comfortable cooling and continuous air circulation in household and commercial areas. These high velocity floor fans are often adjustable in height to offer cooling at different positions to suit your liking. Many stand fan heads are also adjustable to provide airflow at different angles. It suitable while you relax in your favorite chair, work at your desk or rest for the night. These fans have several features such as multiple fan speeds, remote control, programmable timers, and oscillating controls.
The market study is broken down by Type (Bladeless Fan and Blade Fan), by Application (Household and Industrial) and major geographies with country level break-up.
Analysts at AMA Research estimates that Vendors from India will contribute to the maximum growth of Global Stand Fans market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Havells India (India), CG Power and Industrial Solutions Limited (India), Orient Electric Limited (India), Koninklijke Philips N.V. (Netherlands), Tefal (France), Robert Bosch GmbH (Germany), LG Electronics Inc. (South Korea), Electrolux AB (Sweden), Sharp Corporation (Japan), Toshiba Corporation (Japan) and Grundig (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Mega Fans Industry (India), Almonard Limited (India), Khaitan & Co (India), De'Longhi S.p.A (Italy) and Vestel (Turkey).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Stand Fans market by Type, Application and Region.
On the basis of geography, the market of Stand Fans has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Blade Material, the sub-segment i.e. Aluminum will boost the Stand Fans market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Stand Fans market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Control Mechanism, the sub-segment i.e. Mechanical Controlled will boost the Stand Fans market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In September 2019, Havells India Limited, manufacturer of electrical equipment launched India's first complete square-shaped pedestal fan named 'Aindrila'. This fan has a unique square design, handcrafted guard, mood lighting and is three times sturdier than any other pedestal fan.
Market Trend
- Stand Fan with Aerodynamic Technology
- High Demand in Households as It Has No Risks for Children
Market Drivers
- Growing Demand For Stand Fans Are Increasing For Its Versatility and Convenient To Use
- Demand of Stand Fans with Time is Increasing As It Efficient To Save Electricity
Opportunities
- Increasing Demand for LED Remote Control Stand Fans
Restraints
- Stand Fan Has Limited Throwing Air in Limited Space
Challenges
- Need High Maintenance Owing To Colour Fading
Key Target Audience
Stand fans Manufacturers, Raw Material Suppliers, New Entrants/Investors, End-Use Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.