Portable Air Conditioner Market Global Size, Leading Players, Analysis, Sales Revenue and Forecast 2029


Posted September 11, 2023 by harshada

Portable Air Conditioner Market size was valued at USD 1.12Bn. in 2022 and the total Portable Air Conditioner revenue is expected to grow by 4.6 % from 2023 to 2029, reaching nearly USD 1.53 Bn.
 
Portable Air Conditioner Market Overview:

The Portable Air Conditioner Market study gives a comprehensive view of the competition, including the market share and company profiles of the major global competitors. The study's purview covers a thorough analysis of the Portable Air Conditioner Market as well as the factors influencing regional differences in the industry's rate of development.

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Market Scope:

Extensive primary research was conducted to acquire data and check and validate key figures once market engineering, which included market statistics computations, market size estimations, market projections, market breakdown, and data triangulation, was finished. Top-down and bottom-up strategies, as well as other data triangulation techniques, were frequently used throughout the market engineering process to conduct market estimating and forecasting for the overall market segments and sub-segments detailed in this research. All data gathered during the market engineering process are subjected to extensive qualitative and quantitative analysis in order to give crucial information throughout the report.

Drivers:

Due to a number of important variables, the portable air conditioner industry has recently seen tremendous expansion. The rising demand for adaptable and practical cooling solutions in both residential and commercial environments is one of the main factors. The benefit of portability offered by portable air conditioners enables customers to cool particular rooms without the need for ductwork or permanent installations. The demand for effective cooling solutions has significantly increased as a result of rising temperatures and an increase in the unpredictability of climatic patterns. As a result, the use of portable air conditioners has dramatically increased in popularity. These transportable air conditioners offer a practical and efficient means of fending off heat waves and preserving cosy indoor temperatures.

Segmentation:

by Type
Single-Hose Portable Air Conditioners
Dual-Hose Portable Air Conditioners
Window portable AC
Evaporative portable AC
Personal portable AC

by Capacity
5000-10000 BTUs
11000-15000BTUs
16000-20000 BTUs
20000 & Above BTUs

by Distribution Channel
Online Retail
Offline Retail

by End-User
Residential
Commercial
Industrial

Key Players:

Primary and secondary research are used to identify industry leaders as well as to estimate market value. In-depth interviews with important thought leaders and industry professionals, including CEOs, marketing executives, and seasoned front-line staff were part of the core study. Primary research involved conducting in-depth interviews with significant thought leaders and industry professionals, including CEOs, marketing executives, and seasoned front-line staff. Secondary research involved examining the annual and financial reports of the key manufacturers. Percentage splits, market shares, growth rates, and breakdowns of the global market are computed using secondary data and then cross-checked against source data.

The biggest players in the Portable Air Conditioner Market are as follows:

1. Carrier Corporation
2. Daikin Industries Ltd.
3. Danby Products Limited
4. De'Longhi Group
5. EdgeStar (a brand of Living Direct, Inc.)
6. Electrolux AB
7. Friedrich Air Conditioning Co.
8. Gree Electric Appliances Inc. of Zhuhai
9. Haier Group Corporation
10. Hisense Group
11. Honeywell International Inc.
12. LG Electronics Inc.
13. Midea Group Co., Ltd.
14. NewAir LLC
15. Whirlpool Corporation
16. Whynter LLC

Regional Analysis:

Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the Portable Air Conditioner Market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.

Key Questions Answered in the Portable Air Conditioner Market Report are:

In 2022, which segment held the highest proportion of the Portable Air Conditioner Market?
What is the Portable Air Conditioner Market's competitive landscape?
What are the primary drivers assisting Portable Air Conditioner Market growth?
Which region has the most market share in the Portable Air Conditioner Market?
What will be the Portable Air Conditioner Market's CAGR throughout the projected period (2023-2029)?
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COVID-19 Impact Analysis on Portable Air Conditioner Market:

Due to a break in operations, end-user sectors where Portable Air Conditioner Market are used suffered a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, and Spain, France, and India. As a result, the revenues of enterprises in these industries fell significantly, as did the demand for Portable Air Conditioner Market manufacturers, impacting the growth of the Portable Air Conditioner Market in 2020. Lockdowns and a surge in COVID-19 events globally have severely reduced end-user business demand for Portable Air Conditioner Market.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By harshada
Country India
Categories Advertising , Blogging , Consumer
Tags portable air conditioner market size , portable air conditioner market share , portable air conditioner market analysis , portable air conditioner market demand , portable air conditioner market forecast
Last Updated September 11, 2023