Mar 3, 2022
The global smart ceiling fans market is projected to expand at a substantial CAGR during the forecast period.
Based on the distribution channels, the market is divided into offline, and online. The offline segment accounted for a market share of more than 85% of global revenue. The easy availability of compatible product accessories has been attracting buyers to purchase from these channels. Majority of the consumers prefer specialty stores for buying home appliances, as they provide exclusive installation and better after-sale services than online channels. The online segment is anticipated to expand at a substantial CAGR during the forecast period owing to sedentary lifestyle and increasing penetration of smartphones and Internet.
