Product Code: ETC013021 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Qatar Fans Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 10.69% in 2025, climbs to a high of 16.27% in 2027, and moderates to -5.55% by 2029.
Qatar Fans Market is expected to grow at a substantial pace during the forecast period from 2025 to 2031. The market growth can be attributed to the increasing demand for innovative and technologically advanced fans in Qatar, which are being driven by rising consumer spending on home appliances as well as attractive promotional offers from manufacturers. Additionally, Qatar hosting of football world cup 2022 will further propel demand for fans in the country.
The increasing disposable income among people in Qatar has led to an increase in expenditure on consumer goods such as home appliances including ceiling fan and wall mounted fan. Moreover, growing awareness about energy efficiency coupled with stringent government policies related to usage of energy efficient electrical products are also driving sales of fans across different countries including Qatar. Furthermore, aggressive promotional campaigns by leading players offering discounts or free gifts such as air conditioners have triggered increased demand for their products especially fans amongst consumers in Qatar. In addition, technological advancements such as adoption of digital technology that enables users to control functions like speed or oscillation directly using mobile phones is also aiding growth of the market over forecast period.
High cost associated with installation due to complexity involved along with lack of awareness about advantages offered through usage of modern technology rich fans could impede overall market growth over coming years. Moreover high import duty levied on raw materials used by manufactures may pose challenge before industry participants thus affecting prices charged per unit product sold.
Major players operating within global market include Bahanmak Makina Sanayii Ve Ticaret Ltd., Panasonic Corporation, Crompton Greaves Consumer Electricals Limited, Usha International Limited, Havells India Limited, Orient Electric Limited, Atomberg Technologies Pvt Ltd., TTK Prestige Ltd., Bajaj Electricals Ltd., Suntec Energy Systems Private Limited amongst others. These companies heavily invest into research & development activities so that they remain ahead competition. They also focus upon expanding distribution network thereby reaching out maximum number potential customers.
COVID 19 pandemic has had severely impacted operations across various industries globally resulting into suspension manufacturing activities along with disruption supply chain networks thereby disrupting availability product offerings across region. This significantly hampered production capacities causing significant drop revenues earned by respective firms impacting bottom lines drastically. However adoption online channels promotion marketing strategies helped many companies sail through crisis albeit gradual recovery witnessed after relaxation imposed restrictions amid lockdown phased throughout year 2025.
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 Qatar Fans Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Fans Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Fans Market - Industry Life Cycle |
3.4 Qatar Fans Market - Porter's Five Forces |
3.5 Qatar Fans Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Qatar Fans Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Qatar Fans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Fans Market Trends |
6 Qatar Fans Market, By Types |
6.1 Qatar Fans Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Qatar Fans Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Qatar Fans Market Revenues & Volume, By Axial, 2021-2031F |
6.1.4 Qatar Fans Market Revenues & Volume, By Centrifugal , 2021-2031F |
6.1.5 Qatar Fans Market Revenues & Volume, By Cross Flow, 2021-2031F |
6.2 Qatar Fans Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Qatar Fans Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Qatar Fans Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Qatar Fans Market Revenues & Volume, By Residential, 2021-2031F |
7 Qatar Fans Market Import-Export Trade Statistics |
7.1 Qatar Fans Market Export to Major Countries |
7.2 Qatar Fans Market Imports from Major Countries |
8 Qatar Fans Market Key Performance Indicators |
9 Qatar Fans Market - Opportunity Assessment |
9.1 Qatar Fans Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Qatar Fans Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Qatar Fans Market - Competitive Landscape |
10.1 Qatar Fans Market Revenue Share, By Companies, 2024 |
10.2 Qatar Fans Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |