Product Code: ETC430040 | Publication Date: Oct 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India smart fan market import shipment demonstrated a significant decline in growth with a CAGR of -20.8% from 2020 to 2024. However, there was a notable uptick in momentum between 2023 and 2024, showing a growth rate of 77.5%. Overall, the market contracted but displayed signs of recovery towards the end of the period.
India Smart Fan Market is driven by factors such as the growth of the consumer electronics industry, the increasing adoption of smart home technology, and the availability of low-cost labor. The consumer electronics industry in India has been growing by the increasing disposable incomes, rising urbanization, and the proliferation of e-commerce in the county. Apart from this, the smart fans are equipped with advanced features such as remote control, energy efficiency, and air quality monitoring which has contributed in the growth of this market. Despite these growth factors, the smart fan market also faces some challenges such as high cost of smart fans compared to traditional fans which is limiting the adoption of smart fans among price-sensitive consumers. Additionally, the smart fan market faces competition from imports of cheaper fans from other countries which leads to downward price pressure and lower profit margins for domestic manufacturers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Smart Fan Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Smart Fan Market Revenues & Volume, 2021 & 2028F |
3.3 India Smart Fan Market - Industry Life Cycle |
3.4 India Smart Fan Market - Porter's Five Forces |
3.5 India Smart Fan Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 India Smart Fan Market Revenues & Volume Share, By Application, 2021 & 2028F |
3.7 India Smart Fan Market Revenues & Volume Share, By Distribution Channel, 2021 & 2028F |
4 India Smart Fan Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Smart Fan Market Trends |
6 India Smart Fan Market, By Types |
6.1 India Smart Fan Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Smart Fan Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 India Smart Fan Market Revenues & Volume, By Wi-Fi, 2018 - 2028F |
6.1.4 India Smart Fan Market Revenues & Volume, By Bluetooth, 2018 - 2028F |
6.1.5 India Smart Fan Market Revenues & Volume, By Others, 2018 - 2028F |
6.2 India Smart Fan Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Smart Fan Market Revenues & Volume, By Commercial, 2018 - 2028F |
6.2.3 India Smart Fan Market Revenues & Volume, By Residential, 2018 - 2028F |
6.3 India Smart Fan Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Smart Fan Market Revenues & Volume, By Offline Stores, 2018 - 2028F |
6.3.3 India Smart Fan Market Revenues & Volume, By Online Stores, 2018 - 2028F |
7 India Smart Fan Market Import-Export Trade Statistics |
7.1 India Smart Fan Market Export to Major Countries |
7.2 India Smart Fan Market Imports from Major Countries |
8 India Smart Fan Market Key Performance Indicators |
9 India Smart Fan Market - Opportunity Assessment |
9.1 India Smart Fan Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 India Smart Fan Market Opportunity Assessment, By Application, 2021 & 2028F |
9.3 India Smart Fan Market Opportunity Assessment, By Distribution Channel, 2021 & 2028F |
10 India Smart Fan Market - Competitive Landscape |
10.1 India Smart Fan Market Revenue Share, By Companies, 2021 |
10.2 India Smart Fan Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |