Global Pedestal Fans Market Overview:
Pedestal fan is a type of portable, electric fan that can be attuned for height, and has a separable stand. The blades of these fans strength the air to move parallel to the shaft around which they revolve and hence, these are axial fans. The market for portable fans has gained pace due to its compact design and lightweight. These fans are powered by either an electric motor, batteries or can be recharged by USB. This makes the portable fans a perfect option for use in offices or schools with small space availability, and especially during a power outage.
Growth Drivers
- Variable Mounting Options and Minimal Maintenance Attracting Buyers
- Compact Design Allows Installation in a Small Space
Roadblocks
- Hazards Such As Electrocution, Fires, and Electric Shocks Inhibit Growth of the Market
Opportunities
- Rising Demand for Smaller, Hand-Held Electrical Utilities
- Highly Convenient for Travelers
Challenges
- Overheating of Motor Due To Long Operational Hours
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Lasko (United States), Honeywell (United States), Dyson (United Kingdom), Vornado (United States), Bajaj (India), TCL (China), Sichuan Changhong Electric Co., Ltd. (China), ZhongkeMeiling Cryogenics Company Limited (China), Gree Electric Appliances Inc. (China) and Konka (China). Analyst at AMA Research see Chinese Players to retain maximum share of Global Pedestal Fans market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Pedestal Fans market. Considering Market by End-Use, the sub-segment i.e. Household will boost the Pedestal Fans market. Considering Market by Mechanism, the sub-segment i.e. Mechanical will boost the Pedestal Fans market.
What Can be Explored with the Pedestal Fans Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Pedestal Fans Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Pedestal Fans
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Pedestal Fans market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Pedestal Fans market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Pedestal Fans, Suppliers of Pedestal Fans, Wholesalers, Distributors and Retailers of Pedestal Fans and End Users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.