Global Portable Air Coolers Market By Type (Portable Air Conditioner For Small Room, Portable Air Conditioner For Medium Room, Portable Air Conditioner For Large Room), Product (Hard-sided, Soft-sided, Others), Application (Residential, Commercial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, Egypt, Israel, U.A.E, South Africa, Rest of Middle East and Africa), Market Share Forecast to 2027
Market Analysis and Insights: Global Portable Air Coolers Market
Portable air coolers market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 12.72 billion by 2027 growing with the CAGR of 14.00% in the above-mentioned forecast period.
Compact ACs are excellent choices in comparison to standard ACs because they are lightweight, versatile and do not need installation. Also, in the light of the fact that they are typically used to cool only certain parts of the home or to enhance focal forced air systems, they can be considerably more efficient to run. Portable air conditioners utilize refrigerants to minimize humidity. Through the cooling process, the moisture is drained out of the atmosphere and stored in a depleted tank or extracted by means of a depleted hose or by dissipating the gases. The heating system utilizes the PTC heating method; fast energy transfer, high efficiency and low power consumption support market growth over the planned timeframe.
The major factor leading towards the growth of this market is efficient cooling and affordability with less power consumption.
The other growing factors such as air cooler does not use any harmful cooling agents such as CFC, HCFC and other hydrofluorocarbons used in AC for cooling the surrounding which makes it more eco-friendly. With growing concerns for energy consumption by AC is among the major opportunities that will impact this market growth in the forecast period to 2027.
This market report provides details of market share, new developments, product pipeline analysis, impact of domestic and localised market players, analyses of opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Global Portable Air Coolers Market Scope and Market Size
The portable air coolers market is segmented on the basis of type, product and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the portable air coolers market is segmented into portable air conditioner for small room, portable air conditioner for medium room and portable air conditioner for large room.
- Based on the product, the portable air coolers market is segmented into hard-sided, soft-sided, others
- The portable air coolers market is also segmented based on application into residential and commercial
Portable Air Coolers Market Country Level Analysis
Portable air coolers market is analyses and market size information is provided by country, type, product and application as referenced above.
The countries covered in the market report are the 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 in the Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Israel, Egypt, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region is expected to grow at the highest growth rate in the forecast period 2020 to 2027.
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 new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs 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 sales channels are considered while provided forecast analysis of the country data.
Competitive Landscape and Portable Air Coolers Market Share Analysis
Portable air coolers 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, company strengths and weaknesses, product launch, clinical trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to portable air cooler market.
The major players covered in the report are De’Longhi Appliances S.r.l., Air-Art Heating & Air Conditioning, AB Electrolux (publ), Olimpia Splendid S.p.A, Carrier Midea India, LG Electronics, Haier Inc., SunTec Web Services Pvt. Ltd, Carrier Corporation, Whirlpool NewAir and NewAir, WHYNTER LLC, Gree, Panasonic Corporation and GUANGDONG CHIGO AIR CONDITIONING CO.,LTD., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Portable Air Coolers Market
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