Project Report For Electric Fan
Project Report For Electric Fan is as follows.
Electric fans, which we have all seen in our houses, are required during the summer when the ambient temperature rises above the human body’s comfort threshold.
When an electric fan turns on, it sweeps air around it towards the corners of the room, speeding up the evaporation process and thereby cooling the human body and the room.
Best Uses for Your Electric Fan:
Reduce the temperature in your room – Electric fans are an economical way to cool practically any area in your home and are ideal for more temperate locations. They are also quite refreshing because they circulate cool air around the space.
Because they are portable, portable air circulators are some of the greatest solutions for this type of use. Keep in mind the size of the space you wish to cool, as certain types operate better in larger rooms than others.
Sleep better – Sleeping might be especially tough on a hot summer night. Typically, you must choose between the noisy air conditioner and the oppressive heat. A bedroom fan is an excellent choice because it is considerably quieter than an air conditioner and significantly lowers room temperature.
Furthermore, the chilly breeze might be soothing while you try to sleep. Pedestal fans are typically the best choice for the bedroom, and the range of remote-controlled models available makes them an excellent addition to your home. Ceiling fans are also ideal for mild bedroom cooling, and when put over the bed, they are very effective.
Keep an eye on the humidity – An electric air circulator does more than just keep you cool. Because they ventilate the area, it is simple to maintain proper humidity levels. Humidity levels that are too high can cause harm to your home.
Blowing fresh air into the space can help to keep humidity levels low and indoor areas well-ventilated. The regular movement of air aids in keeping the air in your home clean and dry. It’s a win-win situation all around.
Market Potential Of Electric Fan
The India ceiling fan market is anticipated to reach 41.2 million units by 2022. With a 2.3% CAGR from 2023 to 2028, the market is expected to reach 47.5 million units by 2028.
Rapid urbanization and the increased development of new residential structures are driving the Indian ceiling fan market. This is backed up by a number of programs launched by the Government of India (GoI) to increase housing projects and construct smart cities across the country.
In line with this, the increasing availability of energy, particularly in rural regions, is catalyzing market expansion. Furthermore, rising disposable incomes are fueling a considerable desire for fans with aesthetically pleasing designs and smart capabilities, such as voice control and remote connectivity via smart devices, boosting overall product sales.
There are two markets in India for electric fans. There are organised and unorganised markets, with the organised market governing the country. A huge number of companies in both the organised and unorganised markets have established a significant India Electric fans market. According to the publisher’s report titled “India Electric Fan Overview, 2022-28,” the revenue from the India Electric fan market will exceed INR 16000 Crore by 2027-28.
Ceiling fans, table fans, pedestal fans, and wall fans are the most prevalent types of electric fans in India. The market is expected to grow in specialised categories such as premium fans, energy-efficient fans, and customised or decorative fans during the next several years. With increased electricity penetration, businesses have taken concerted efforts to expand their distribution channels and cater to the rural market. The execution of government plans to improve energy penetration in India would raise demand for electric fans.
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