The global Portable Air Conditioning System market report offers a complete research study that includes accurate estimations of market growth rate and size for the forecast period 2019-2025. It offers a broad analysis of market competition, regional expansion, and market segmentation by type, application, and geography supported by exact market figures. The all-inclusive market research report also offers Porter’s Five Forces Analysis and profiles some of the leading players of the global Portable Air Conditioning System market. It sheds light on changing market dynamics and discusses different growth drivers, market challenges and restraints, and trends and opportunities in detail. Interested parties are provided with market recommendations and business advice to ensure success in the global Portable Air Conditioning System market.
The Europe and North America regions are 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, JMATEK, and Electrolux, which accounts for 42.35% of total revenue in 2015.
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 76.09% .
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Currently, a major challenge affecting the market growth is the power consumption by portable air conditioner, which is higher as compared to other electrical appliances. However, this is in turn increasing the demand and scope for energy-efficient models. Also, the carbon emission associated with usage of portable air conditioner is further deterring market growth and is expected to have significant impacts in the future, if not addressed properly. This is mainly because of increased focus on reducing greenhouse gas emission and signing of many relevant global treaties and agreements like the Kyoto protocol and Montreal protocol.
Some of the factors supporting growth of the portable air conditioner market worldwide include replacement need in developed regions, such as North America and Europe, growing awareness about energy-efficient and eco-friendly products, and increasing demand for technologically advanced portable air conditioning with sensible cooling. In addition, improvements in housing construction design and rise in number of building permits, particularly for commercial infrastructures, is aiding the growth of the portable air conditioner market. Increase in the total spending across different industry verticals is expected to support the acceptance of packaged air-conditioning systems and drive the demand in the coming few years.
The global Portable Air Conditioning System market was 680 million US$ in 2018 and is expected to 1170 million US$ by the end of 2025, growing at a CAGR of 7.0% between 2019 and 2025.
Major Companies Cited in the Report: DeLonghi, Airart, Electrolux, OlimpiaSplendid, Midea, LG, Haier, Suntec, Carrier, Whirlpool, NewAir, Whynter, Gree, Panasonic, Aux, Chigo
Market analysts authoring this research study have deeply segmented in the global Portable Air Conditioning System market and shared an intelligent understanding of the market growth of different segments. The market intelligence provided in the segmental analysis section of the report helps players to decide on the segments that can be trusted for making more investments in.
Global Portable Air Conditioning System Market by Type: Portable Air Conditioner For Small Room, Portable Air Conditioner For Medium Room, Portable Air Conditioner For Large Room
Global Portable Air Conditioning System Market by Application: Equipment & Server Rooms, Factories & Warehouses, Medical & Hospitals, Residential Care Facilities & Apartment Communities
Segments by Geography
Regional analysis is another important part of the report which is segregated into different sections. One section of the report is entirely dedicated for regional consumption analysis whereas another for regional production analysis. On the other hand, the market status and prospect of regional markets are explained in a completely different section.
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Regions Covered in the Global Portable Air Conditioning System Market:
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Quick Glance at TOC
Overview of Global Portable Air Conditioning System Market: The report starts off with an executive summary including a section on market overview that throws light on the global market size by production and revenue for the review period 2014-2025. This section also includes highlights of the segmentation study offered in the report. Besides this, it includes product overview and product scope.
Competition in Global Portable Air Conditioning System Market: Here, the authors of the report provide revenue and production market shares by manufacturers for the review period 2014-2019. This section also talks about product types, areas served, and production sites of key manufacturers operating in the global Portable Air Conditioning System market.
Key Figures in Portable Air Conditioning System Business: All of the players profiled in the report are evaluated on the basis of important factors such as price, gross margin, production, and revenue.
Manufacturing Cost Analysis: It includes manufacturing process analysis, industrial chain analysis, proportion of manufacturing cost structure, and key raw material analysis
Marketing Channels, Distributors, and Customers
Market Dynamics: It brings to light market influence factors, drivers, challenges, opportunities, and trends.
Market Forecast: It includes consumption forecast by application and region, production, revenue, and price forecast by type, production forecast by region, and global revenue and production forecast.
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