Global Portable Air Conditioner Market, By Type (Portable Air Conditioner For Small Room, Portable Air Conditioner For Medium Room, Portable Air Conditioner For Large Room), Application (Residential Care Facilities and Apartment Communities, Factories and Warehouses, Medical and Hospitals, Equipment and Server Rooms, Other), End User (Residential, Non-Residential), Distribution Channel (Offline, Online), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Portable Air Conditioner Market
The portable air conditioner market size is expected to grow at a compound annual growth rate of 5.60% for the forecast period of 2021 to 2028. Portable air conditioner market report analyses the growth, which is currently being growing due to the rise in popularity of smart gadgets.
Portable air conditioners are an easy-to-move, self-supporting unit that pull fresh air in, and removes heat and moisture and releases cooler air in the environment. Portable air conditioning units are suitable for cooling rooms under 500 Sq. ft. and therefore are mainly installed either in small commercial outlets or at residential units.
The improvement in the infrastructure activities across the globe is one of the major factors anticipated to drive the portable air conditioner market growth rate. Moreover, the improving standard of living owing to increased disposable income and rapid urbanization are also expected to fuel the growth of the portable air conditioner market in the forecast period of 2021 to 2028. Additionally, the increase in the use of air conditioners in the residential as well as commercial sectors around the world are also expected to highly impact the growth of the portable air conditioner market. While, the rise in the need for compact and movable air conditioning systems that can conveniently be carried around are also amongst the major factors expected to fuel the growth of the portable air conditioner market in the above mentioned forecast period.
- In addition, the rise in awareness regarding environment friendly and energy-efficient devices and advent of smart portable air conditioners are expected to bring various opportunities that will lead to the growth of the portable air conditioner market in the above mentioned forecast period.
However, the high cost of product as well as the high cost of maintenance are expected to act as a major limiting factor for portable air conditioner market, whereas the, rise in usage of air conditioner dries skin and mucous membranes which can challenge the growth of the portable air conditioner market in the forecast period of 2021 to 2028.
This portable air conditioner market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the portable air conditioner market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Portable Air Conditioner Market Scope and Market Size
The portable air conditioner market is segmented on the basis of type, application, end use and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on type, the portable air conditioner market is segmented into portable air conditioner for small room, portable air conditioner for medium room and portable air conditioner for large room.
- On the basis of application, the portable air conditioner market is segmented into residential care facilities and apartment communities, factories and warehouses, medical and hospitals, equipment and server rooms and other.
- On the basis of end user, the portable air conditioner market is segmented into residential and non-residential.
The distribution channel segment of the portable air conditioner market is segmented into offline and online.
Portable Air Conditioner Market Country Level Analysis
The portable air conditioner market is analyzed and market size, volume information is provided by country, type, application, end use and distribution channel as referenced above.
The countries covered in the portable air conditioner market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the portable air conditioner market because of the rise in housing needs of the population, increase in the number of construction activities in both residential and commercial sectors and the emerging tourism industry.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Portable Air Conditioner Market Share Analysis
The portable air conditioner market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to portable air conditioner market.
The major players covered in the portable air conditioner market report are Honeywell International Inc., DAIKIN INDUSTRIES, Ltd., Haier Inc., LG Electronics, Panasonic Corporation, SAMSUNG, WHYNTER LLC, Whirlpool Corporation, Carrier, Midea Group, AB Electrolux, Olimpia Splendid S.p.A., De’Longhi Appliances S.r.l., FUJITSU GENERAL, Havells India Ltd., AMFAH, Royalsovereign, Inc., Gree, Voltas, Inc., and Blue Star Limited among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Portable Air Conditioner Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.