Global Portable AC Market Size Grow at a CAGR of 0.2% during the forecast period
Posted by Deeksha on May 3rd, 2019
The market for Portable AC is growing with the expansion of this Industry Sector Worldwide. Market Research Hub (MRH) has added a new report titled “Global Portable AC Market Insights, Forecast to 2025” which offer details about the current trends and analysis, as well as scope for the near future. This research study also covers information about the production, consumption and market share based on different active regions. Furthermore, an anticipated growth at a double-digit CAGR for the Portable AC sector is highlighted in the report which indicates a prosperous future.
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Portable air conditioners are a device to modify the condition of air (heating, cooling, but mainly cooling). Perfect for a variety of cooling situations, portable air conditioners are great alternatives to traditional air conditioning systems because they're compact, mobile, and require no permanent installation. Moreover, because they're usually used to cool only certain parts of a home or as a supplement to central air conditioners, they can be much more cost-effective to run. Portable air conditioners use refrigerants to reduce the temperature. During the cooling process, moisture is condensed out of the air and collected in a drain bucket or exhausted out through a drain hose or evaporated out the exhaust. The heating system uses PTC heating technology, fast heat transfer, high efficiency, and low power consumption.
The Europe and North America regions is the major consumer in the market, as its cooling capacity matches with the environmental conditions of these regions. The global leading players in this market are DeLonghi, Airart and Electrolux, which accounts for 30.08% of total revenue in 2014. In China the market leaders are Midea, Haier and Gree.
The portable air conditioner is mainly used in factories & warehouses, equipment & server rooms, medical & hospitals, and residential care facilities & apartment communities. The application market share of residential care facilities & apartment communities is up to 74.79% and it is forecasted that share will up to 76% in 2020 with personal incomes and consumer spending rise.
The Portable AC market was valued at 440 Million US$ in 2018 and is projected to reach 450 Million US$ by 2025, at a CAGR of 0.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Portable AC.
This report presents the worldwide Portable AC market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
DeLonghi
Airart
Electrolux
OlimpiaSplendid
Midea
LG
Haier
Suntec
Carrier
Whirlpool
NewAir
Whynter
Gree
Panasonic
Aux
Chigo
Portable AC Breakdown Data by Type
6,000 BTU Portable Air Conditioner
8,000 BTU Portable Air Conditioner
10,000 BTU Portable Air Conditioner
14,000 BTU Portable Air Conditioner
Others
Portable AC Breakdown Data by Application
Equipment & Server Rooms
Factories & Warehouses
Medical & Hospitals
Residential Care Facilities & Apartment Communities
Portable AC Production by Region
United States
Europe
China
Japan
Other Regions
Portable AC Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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Table of Contents
1 Study Coverage
1.1 Portable AC Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Portable AC Market Size Growth Rate by Type
1.4.2 6,000 BTU Portable Air Conditioner
1.4.3 8,000 BTU Portable Air Conditioner
1.4.4 10,000 BTU Portable Air Conditioner
1.4.5 14,000 BTU Portable Air Conditioner
1.4.6 Others
1.5 Market by Application
1.5.1 Global Portable AC Market Size Growth Rate by Application
1.5.2 Equipment & Server Rooms
1.5.3 Factories & Warehouses
1.5.4 Medical & Hospitals
1.5.5 Residential Care Facilities & Apartment Communities
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Portable AC Market Size
2.1.1 Global Portable AC Revenue 2014-2025
2.1.2 Global Portable AC Production 2014-2025
2.2 Portable AC Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Portable AC Manufacturers
2.3.2.1 Portable AC Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Portable AC Product Offered
2.3.2.3 Date of Manufacturers Enter into Portable AC Market
2.4 Key Trends for Portable AC Markets & Products
To be continue@@
