Premium grade bathroom ventilation fans witness higher adoption in the global market, especially in the developed nations
The bathroom ventilation fans become more sophisticated and expensive, as they transit from traditional to intelligent and power saving fans. The high fixed cost & low variable cost of ventilation fans, high product competition, and achievement of fast market penetration has propelled the market players to sell their products at competitive prices. As per the study, the premium grade ($150 and above) ventilation fans are the most adopted fans in the developed nations, owing to the high demand for intelligent features and power safety.
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