The "Portable Fan Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 To 2030" report has been added to ResearchAndMarkets.com's offering.

Key Market Insights:

Increasing per capita income in the developing nations will boost the demand for portable fan market

The global portable fan market is expected to grow at a CAGR of 3.3% during the forecast period from 2022 to 2030, starting from US$ 2,849.9 Mn in 2021.

The elevated trends for outdoor activity globally is increasing the demand for portable fan market during the forecast period. As per Outdoor Industry Association report, almost 49% of the U.S. population participated in some kind of outdoor activities at least once in the year 2017. Portable electric fans are available in a wide range of fashion and configuration in the market. A portable fan not only provides additional ventilation, but also helps to maintain humidity in the house.

Moreover, the tower portable fan is greatest way to raise air circulation. The main benefit offered by portable fan is that it doesn't requires installation. In addition, small batteries attached with portable fan ensures less weight and simpler to carry such fans. The aforementioned reasons are some of the key factors for the growth of portable fan market globally.

Manufacturers are developing new products for better consumer experience, such as, Orient Electric Limited launched a new series of portable fan. Orient Electric also aims to meet the needs of its customers by launching new products. The new series by Orient Electric includes four fans. The series offers 3D auto-oscillation, touch screen control and in-built timer. Moreover, increasing per capita income and standards of living of people globally supports the market growth.

Product Analysis

Wide availability of table fan worldwide will spark the market growth

In 2021, the table fan segment dominated the overall portable fan market. Table fans are one of the most commonly used appliances in houses, offices, business and shops. The table fans offers many advantages as compared to ceiling fans such as portability and ease of use. Moreover, table fans offer features such as oscillation that's allows the fan to rotate at 180 degree of direction.

Manufacturers are focusing on implementing new and improved innovations in the table fan products, such as Air innovation Adjustable 2 in 1 stand and tabletop fans equipped with 360 degree rotation. Moreover, Dyson recently launched a new bladeless fan in the market. Dyson's new portable fan doesn't includes any blade. Instead, it includes a loop through which hands can be passed making it very safe to use. The aforesaid factors are key factors for the dominance of table fan segment globally.

List of Companies Covered:

• Westinghouse Electric Corporation
• Honeywell International Inc.
• DecoBreeze
• O2Cool LLC
• Lasko Products, LLC
• Vornado Air, LLC.
• Orient Electric
• Acofanworks
• Easyacc.com, Inc.
• Crompton Greaves Consumer Electricals Limited
• Xiaomi

Segmentation

Product

• Table Fans
• Tower Fans
• Others (Pedestal Fans, Handheld Fans, etc.)

Material

• Metal Shell
• Plastic Shell
• Others (Wooden Shell, etc.)

Application

• Residential
• Commercial
• Others (Industrial etc.)

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Portable Fan market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2030.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Portable Fan market?
• Which is the largest regional market for Portable Fan market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Portable Fan market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Portable Fan market worldwide?

Key Topics Covered:

1. Preface

2. Executive Summary

3. Portable Fan Market: Business Outlook & Market Dynamics

4. Portable Fan Market: By Product , 2020-2030, USD (Million)

5. Portable Fan Market: By Material , 2020-2030, USD (Million)

6. Portable Fan Market: By Application , 2020-2030, USD (Million)

7. North America Portable Fan Market, 2020-2030, USD (Million)

8. UK and European Union Portable Fan Market, 2020-2030, USD (Million)

9. Asia Pacific Portable Fan Market, 2020-2030, USD (Million)

10. Latin America Portable Fan Market, 2020-2030, USD (Million)

11. Middle East and Africa Portable Fan Market, 2020-2030, USD (Million)

12. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/mdjv4

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230309005431/en/