Grand View Research has published another report titled Ceiling Fan market that covers the growth trends throughout the world, its application types, its fan size and its segment forecast till 2025. Global Ceiling fan market is expected to reach USD 12.5 Billion with CAGR of 4.3%. Features like but not limited to voice control and smartphone access and other new technological advancements in the ceiling fan vertical are one of the major reasons behind accelerated growth. The demand expansion in this vertical is driven by rural development in countries like China, India, Bangladesh and Mexico that is now ensuring electricity to remote areas.
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There are two major categories in the Ceiling Fan market: standard and decorative, they are further categorized by their application, their distribution channels, their size and their region. The regional classification puts United States of America first, followed by Europe and then China in Asia Pacific along with India and others.
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