South America Ceiling Fans Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product (Standard and Decorative), Fan Size (Small, Medium, and Large), and End-User (Residential, Commercial, and Industrial)

TIPRE00022116 | Pages: 95 | Consumer Goods | May 2021 | Type: Regional | Status: Published

Market Introduction

SAM includes countries such as Brazil, Argentina, and the rest of SAM. The continuous developments have had a positive impact on Brazil and Argentina's economy that has advanced to a large extent. The increase in population, industrialization, urbanization, and the continuous advancement construction sector have positively impacted Brazil and Argentina's ceiling fan market that has advanced to a large extent. Several factors, including new construction, renovation, and retrofitting activities for buildings and infrastructure, positively influence the market growth and are anticipated to drive the ceiling fans market during the forecast period. SAM countries have independent houses. The construction sector is one of the most prominent industries in Peru. The expanding Peruvian middle class and the rise in tourism create a steady growth in the Peruvian construction sector, thereby driving economic growth.     

SAM is severely affected by the COVID-19 pandemic. In SAM, Brazil has the highest number of COVID-19 confirmed cases, followed by other countries, such as Ecuador, Peru, Chile, and Argentina. Governments in SAM are taking several initiatives to protect people and control COVID-19’s spread in the region through lockdowns, trade bans, and travel restrictions. These SAMsures are expected to have a direct impact on the region’s economic growth as the region would face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners. The sharp decline in the sales of the consumer goods industry in the region due to lockdown SAMsures is expected to directly impact the growth of the ceiling fans market in this region. Further, the sharp decline in other business activities, such as commercial and industrial sectors, is expected to directly affect the growth rate of the ceiling fans market in this region for the next three to four quarters.  


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Market Overview and Dynamics

The ceiling fans market in SAM is expected to grow from US$ 967.77 million in 2019 to US$ 1,471.67 million by 2027; it is estimated to grow at a CAGR of 5.5% from 2020 to 2027.  Across the country, new malls and hotels are being constructed. The demand for houses is growing from the middle-class populace, which induces the construction of residential spaces within Lima and other Peruvian provinces. In addition to this, attributed to underdeveloped Peruvian infrastructure, the government plans to attract private investments into infrastructure construction. Lima, the capital city of Peru, has a high potential for real estate construction due to the high housing demand and increasing living standards of the growing middle class. The corporate sector is also growing in the country, and it offers construction opportunities for new hotels, modern office buildings, and congress centers in the country. A similar trend can be observed in other SAM countries. Hence, the rising construction activities and the increasing income of the middle-class population is considered to create lucrative opportunities for the ceiling fans market in the SAM region.   

Key Market Segments

The SAM ceiling fans market is segmented into product, fan size, and end-user. Based on product, the market is segmented into standard and decorative. The standard segment held the largest share of SAM ceiling fans market in 2019. Based on fan size, the SAM ceiling fans market is segmented into small, medium, and large. The medium segment held the largest share of SAM ceiling fans market in 2019. Based on end-user, the SAM ceiling fans market is segmented into residential, commercial, and industrial. Residential segment held the largest share of SAM ceiling fans market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the ceiling fans market in SAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Crompton Greaves Consumer Electricals Limited, Havells India Ltd., Hunter Fan Company, Minka Lighting Inc. Panasonic Corporation.

Reasons to buy report

  • To understand the SAM ceiling fans market landscape and identify market segments that are most likely to guarantee a strong return.
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM ceiling fans market.
  • Efficiently plan M&A and partnership deals in SAM ceiling fans market by identifying market segments with the most promising probable sales.
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM ceiling fans market.
  • Obtain market revenue forecast for market by various segments from 2020-2027 in SAM region.

SAM Ceiling Fans Market Segmentation

SAM Ceiling Fans Market - By Product

  • Standard
  • Decorative

SAM Ceiling Fans Market - By Fan Size

  • Small
  • Medium
  • Large

SAM Ceiling Fans Market - By End-User

  • Residential
  • Commercial
  • Industrial

SAM Ceiling Fans Market - By Country

  • Brazil
  • Argentina
  • Rest of SAM  

SAM Ceiling Fans Market - Company Profiles

  • Crompton Greaves Consumer Electricals Limited
  • Havells India Ltd.
  • Hunter Fan Company
  • Minka Lighting Inc.
  • Panasonic Corporation

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.             Key Takeaways

3.             Research Methodology

3.1       Scope of the Study

3.2       Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.             SAM Ceiling Fans Market Landscape

4.1       Market Overview

4.2       SAM PEST Analysis

4.2.1        SAM PEST Analysis

4.3       Ecosystem Analysis

4.4       Expert Opinion

5.             SAM Ceiling Fans Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Huge Consumer Demand for Technologically Advanced Consumer Durables

5.1.2        Premium Quality Decorative Items Demand Soaring

5.2       Market Restraint

5.2.1        Substitute Options Available

5.3       Market Trends

5.3.1        Escalating Demand for Energy Saving Fans

5.4       Impact Analysis of Drivers and Restraints

6.             Ceiling Fans Market – SAM Analysis

6.1       SAM Ceiling Fans Market Overview

6.2       SAM Ceiling Fans Market –Revenue and Forecast to 2027 (US$ Million)

7.             SAM Ceiling Fans Market Analysis – By Product

7.1       Overview

7.2       SAM Ceiling Fans Market, By Product (2019 and 2027)

7.3       Standard

7.3.1        Overview

7.3.1.1      Standard: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

7.4       Decorative

7.4.1        Overview

7.4.1.1      Decorative: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

8.             SAM Ceiling Fans Market Analysis – By Fan Size

8.1       Overview

8.2       SAM Ceiling Fans Market, By Fan Size (2019 and 2027)

8.3       Small

8.3.1        Overview

8.3.1.1      Small: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

8.4       Medium

8.4.1        Overview

8.4.1.1      Medium: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

8.5       Large

8.5.1        Overview

8.5.1.1      Large: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

9.             SAM Ceiling Fans Market Analysis – By End- User

9.1       Overview

9.2       SAM Ceiling Fans Market, By End- User (2019 and 2027)

9.3       Residential

9.3.1        Overview

9.3.1.1      Residential: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

9.4       Commercial

9.4.1        Overview

9.4.1.1      Commercial: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

9.5       Industrial

9.5.1        Overview

9.5.1.1      Industrial: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

10.          SAM Ceiling Fans Market – Country Analysis

10.1    Overview

10.1.1     SAM: Ceiling Fans Market, by Key Country

10.1.1.1    Brazil: Ceiling Fans Market –Revenue and Forecast to 2027 (US$ Million)

10.1.1.1.1    Brazil: Ceiling Fans Market, by Product

10.1.1.1.2    Brazil: Ceiling Fans Market, by Fan Size

10.1.1.1.3    Brazil: Ceiling Fans Market, by End-User

10.1.1.2    Argentina: Ceiling Fans Market –Revenue and Forecast to 2027 (US$ Million)

10.1.1.2.1    Argentina: Ceiling Fans Market, by Product

10.1.1.2.2    Argentina: Ceiling Fans Market, by Fan Size

10.1.1.2.3    Argentina: Ceiling Fans Market, by End-User

10.1.1.3    Rest of SAM: Ceiling Fans Market –Revenue and Forecast to 2027 (US$ Million)

10.1.1.3.1    Rest of SAM: Ceiling Fans Market, by Product

10.1.1.3.2    Rest of SAM: Ceiling Fans Market, by Fan Size

10.1.1.3.3    Rest of SAM: Ceiling Fans Market, by End-User

11.          Impact of COVID-19 Pandemic on SAM Ceiling Fans Market

11.1    SAM: Impact Assessment of COVID-19 Pandemic

12.          Industry Landscape

12.1    Merger and Acquisition

12.2    New Development

13.          Company Profiles

13.1    Minka Lighting Inc.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.2    Crompton Greaves Consumer Electricals Limited

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.3    Havells India Ltd.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4    Hunter Fan Company

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5    Panasonic Corporation

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products And Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

14.          Appendix

14.1    About The Insight Partners

14.2    Word Index

LIST OF TABLES

Table 1.             SAM Ceiling Fans Market –Revenue and Forecast to 2027 (US$ Million)

Table 2.             Brazil Ceiling Fans Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 3.             Brazil Ceiling Fans Market, by Fan Size– Revenue and Forecast to 2027 (USD Million)

Table 4.             Brazil Ceiling Fans Market, by End-User– Revenue and Forecast to 2027 (USD Million)

Table 5.             Argentina Ceiling Fans Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 6.             Argentina Ceiling Fans Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 7.             Argentina Ceiling Fans Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 8.             Rest of SAM Ceiling Fans Market, by Product– Revenue and Forecast to 2027 (USD Million)

Table 9.             Rest of SAM Ceiling Fans Market, by Fan Size – Revenue and Forecast to 2027 (USD Million)

Table 10.          Rest of SAM Ceiling Fans Market, by End-User – Revenue and Forecast to 2027 (USD Million)

Table 11.          List of Abbreviation

LIST OF FIGURES

Figure 1.           SAM Ceiling Fans Market Segmentation

Figure 2.           SAM Ceiling Fans Market Segmentation – By Country

Figure 3.           SAM Ceiling Fans Market Overview

Figure 4.           Residential Segment Held Largest Share of SAM Ceiling Fans Market

Figure 5.           Brazil Held Largest Share of SAM Ceiling Fans Market

Figure 6.           Ecosystem Analysis

Figure 7.           SAM Ceiling Fans Market Impact Analysis of Driver and Restraints

Figure 8.           SAM: Ceiling Fans Market – Revenue and Forecast to 2027 (US$ Million)

Figure 9.           SAM Ceiling Fans Market Revenue Share, by Product (2019 and 2027)

Figure 10.        SAM Standard: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 11.        SAM Decorative: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 12.        SAM Ceiling Fans Market Revenue Share, by Fan Size (2019 and 2027)

Figure 13.        SAM Small: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 14.        SAM Medium: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 15.        SAM Large: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 16.        SAM Ceiling Fans Market Revenue Share, by End- User (2019 and 2027)

Figure 17.        SAM Residential: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 18.        SAM Commercial: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 19.        SAM Industrial: Ceiling Fans Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 20.        SAM: Ceiling Fans Market, by Key Country - Revenue 2019 (US$ Million)

Figure 21.        SAM: Ceiling Fans Market Revenue Share, by Key Country (2019 and 2027)

Figure 22.        Brazil: Ceiling Fans Market –Revenue and Forecast to 2027 (US$ Million)

Figure 23.        Argentina: Ceiling Fans Market –Revenue and Forecast to 2027 (US$ Million)

Figure 24.        Rest of SAM: Ceiling Fans Market –Revenue and Forecast to 2027 (US$ Million)

Figure 25.        Impact of COVID-19 Pandemic in SAM Country Markets

 

  1. Crompton Greaves Consumer Electricals Limited
  2. Havells India Ltd.
  3. Hunter Fan Company
  4. Minka Lighting Inc.
  5. Panasonic Corporation
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM ceiling fans market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the SAM ceiling fans market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the ceiling fans market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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