Global air conditioners market stood at $ 145.72 billion in 2019 and is projected to grow over CAGR of 11.8% by 2026. Anticipated growth in the market can be predominantly attributed to soaring temperature and humidity levels across the globe coupled with rising acceptance of air conditioners as a utility product rather than a luxury product. Additionally, emergence of technologically advanced air conditioners, such as air conditioners with inverter and air purification technologies, is further anticipated to positively influence the global air conditioners market through forecast period.
Global air conditioner market can be segregated based on product type, region, and company. Based on regional analysis, Asia-Pacific is expected to put strong foothold during the forecast region owing to rapid infrastructure development and rising inclination of people towards high standard lifestyle across the region. Rise in highly disposable income among middle class families has influenced the purchasing power of people. Also, surge in population of the region in addition with rising temperature due to climate change is expected to propel the global air conditioners market growth.
Some of the major players operating in global air conditioners market are Daikin Industries Ltd., Gree Electrical Appliances, Inc. of Zhuhai, United Technologies Corporation, Midea Group Co. Ltd., Hitachi-Johnson Controls Air Conditioning, Inc., Ingersoll-Rand plc, LG Electronics Inc., Qingdao Haier Co. Ltd., Panasonic Corporation, and Toshiba Corporation.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the Study:
- To analyze and forecast market size of global air conditioners market.
- To define, classify and forecast global air conditioners market on the basis of product type (Chillers, VRF, Ductable Split, Light Commercial Air Conditioner and Others), Region (North America, South America, Europe, Asia-Pacific and MEA) and company shares.
- To scrutinize the detailed market segmentation and forecast the market size in terms of value by segmenting global air conditioners into five regions namely, North America, South America, Europe, Asia-Pacific and MEA.
- To identify tailwinds and headwinds for global air conditioners market.
- To strategically profile the leading players, which are involved in the supply of air conditioners across the globe.
Click here to download the sample
TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of air conditioner manufacturers and suppliers around the globe. Subsequently, we conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, end use sector/s, and regional presence of all major air conditioners suppliers across the globe.
TechSci Research calculated the market size for global air conditioners market using a bottom-up approach, wherein manufacturers’ value & volume sales data for different types of air conditioners (Chillers, VRFs, Ductable Splits, Light Commercial Air Conditioners and Others) was recorded and subsequently forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Air conditioners manufacturers, suppliers, distributors and other stakeholders
- Associations, organizations, associations and alliances related to air conditioners
- Government bodies such as regulating authorities and policy makers
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as air conditioners manufacturers, distributors, dealers and policy makers. The report also provides insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.
Table Of Content :
- Product Overview
- Research Methodology
- Analyst View
- Impact of COVID-19 on Global Air Conditioners Market
- Voice of Customer
5.1. Brand Awareness
5.2. Factors Influencing Purchase Decisions
5.3. Brand Satisfaction
5.4. Challenges Faced Post Purchase
- Global Air Conditioners Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Product Type (Chillers, VRFs, Ductable Splits, Light Commercial Air Conditioners and Others)
6.2.1.1. Light Commercial Air Conditioners Market Share – By Product Type (High Wall Splits, Window Air Conditioners, Cassettes & Concealed Ductable Splits)
6.2.2. By Region
6.2.3. By Company
6.3. Market Attractiveness Index
6.3.1. By Product Type
6.3.2. By Region
- Asia-Pacific Air Conditioners Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Product Type
7.2.1.1. Light Commercial Air Conditioners Market Share – By Product Type
7.2.2. By Country
7.2.2.1. China Air Conditioners Market Outlook
7.2.2.1.1. Market Size & Forecast
7.2.2.1.1.1. By Value & Volume
7.2.2.1.2. Market Share & Forecast
7.2.2.1.2.1. By Product Type
7.2.2.1.2.2. By End Use Sector
7.2.2.2. Japan Air Conditioners Market Outlook
7.2.2.2.1. Market Size & Forecast
7.2.2.2.1.1. By Value & Volume
7.2.2.2.2. Market Share & Forecast
7.2.2.2.2.1. By Product Type
7.2.2.2.2.2. By End Use Sector
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Web: https://www.techsciresearch.com/
Our Blog: https://techsciblog.com/
No comments:
Post a Comment