Why Exhibit at FAN EXPO
The India Fan Industry is one of the leading in the world, both in terms of manufactured quantities as well as domestic consumption. Though the invention of fans happened in the USA which also started emerging as a leading manufacturer till 1930’s yet India caught up briskly. By the late 1940’s India had over a score of leading Industries making Fans in India.
The India ceiling fan market size reached 42.2 Million Units in 2023. Looking forward, IMARC Group expects the market to reach 50.9 Million Units by 2032, exhibiting a growth rate (CAGR) of 2.11% during 2024-2032.
The Indian fan industry is pegged at Rs 12,000 crores approximately with CAGR growth of between 8 to 9 percent, while the BLDC segment is valued at Rs 1500 crore (LY) with CAGR growth of 45% in the ceiling segment, besides growing paradigm shift to the BLDC segment from conventional induction fans.
The Fan Expo is the only platform to fuel the growth of FAN industry by bringing the right set of buyers to interact with the sellers & Manufactures.