In 2023, China dominated the global export of electric fans exceeding 125 watts, accounting for over 78% of the market share. Other notable exporters include Hungary, the United States, and Italy, each holding shares of about 3% or less. Significant year-over-year growth was observed in several countries, such as Switzerland with a remarkable 85% increase and Uganda at 41%. Conversely, countries like Brazil saw a substantial decline of 18%. Notable smaller contributors like Macedonia and Mauritius experienced substantial boosts, with increases of approximately 29% and 36%, respectively.
Looking ahead, we expect emerging markets to gain footing, driven by increased industrialization and demand for advanced technological solutions. China's dominance is likely to persist, but increased competition from European and Southeast Asian countries may shift market dynamics. Innovation in energy efficiency and strategic trade alliances will be critical factors influencing future patterns in this segment.
Top countries in Export of Electric Fans of an Output Exceeding 125 watts Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 78.35 | 2023 | +2.78% | +2.84% | View data |
| 2 | 2 Hungary | 3.31 | 2023 | +1.28% | +0.73% | View data |
| 3 | 3 United States | 3.19 | 2023 | +2.24% | +2.49% | View data |
| 4 | 4 Italy | 2.64 | 2023 | +1.07% | +1.48% | View data |
| 5 | 5 Netherlands | 1.54 | 2023 | +3.07% | +2.63% | View data |
| 6 | 6 Slovenia | 1.47 | 2023 | +2.87% | +4.49% | View data |
| 7 | 7 Singapore | 0.96 | 2023 | +1.91% | +6.94% | View data |
| 8 | 8 Poland | 0.78 | 2023 | +4.06% | +4.62% | View data |
| 9 | 9 Romania | 0.7 | 2023 | +2.28% | +3.62% | View data |
| 10 | 10 Czech Republic | 0.56 | 2023 | +2.28% | +2.31% | View data |
