global air conditioners market forecast and opportunities, 2020

Global Air Conditioners Market Forecast & Opportunities , 2020

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

I n d u s t r y B r i e f

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Global Air Conditioners Market to Grow at a CAGR of 8.5% through 2020

Increasing purchasing power coupled with growing construction sector to drive global airconditioners market through 2020

According to recently published TechSci Research report, “Global Air Conditioners MarketForecast & Opportunities, 2020”, global air conditioners market is projected to grow at a CAGR of8.5% during 2015-20. Growth in the market is anticipated on account of growing population,increasing global temperature, rising purchasing power and upcoming construction projects acrossthe globe. Further, various technological advancements such as development of air conditioners withbuilt in air purifiers and introduction of energy-efficient air conditioners are also propelling growth inthe global air conditioners market.

In global air conditioners market, split air conditioners segment accounted for the largest revenueshare in 2014. The segment is anticipated to maintain its dominance in the market over the forecastperiod, owing to less operating noise, decreasing prices, rising urbanization, and growth incommercial and industrial sectors across the world. Window air conditioners, VRF systems, Chillersand Portable air conditioners are other segments witnessing growth in the market. Major playersoperating in global air conditioners market include Gree, Daikin, Toshiba Carrier, Midea, MitsubishiElectric, Panasonic, and LG, among others.

“Global air conditioners market will continue to exhibit promising growth over the next five years onthe back of increasing demand worldwide. However, high power consumption by air conditioners isproving to be a major factor hindering market growth. To curb this issue, manufacturers areintroducing energy efficient air conditioners and inverter technology based air conditioners, whichcan reduce electricity consumption by as much as 30%. This is expected to boost adoption over thenext five years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research basedglobal management consulting firm.

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T a b l e o f C o n t e n t s

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S No. Contents

1. Research Methodology

2. Product Overview

3. Analyst View

4. Global Air Conditioners Market Outlook

4.1. Market Size & Forecast

4.1.1. By Value

4.1.2. By Volume

4.2. Market Share & Forecast

4.2.1. By Type

4.2.2. By Region

4.2.3. By End Use

4.2.4. By Company

5. Global Split Air Conditioners Market Outlook


5.1.1. By Value

5.1.2. By Volume


5.2.1. By Region

5.2.2. By Size

6. Global Window Air Conditioners Market Outlook


6.1.1. By Value

6.1.2. By Volume


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6.2.1. By Region

6.2.2. By Size

7. Global VRF Market Outlook


7.1.1. By Value

7.1.2. By Volume


7.2.1. By Region

8. Global Chillers Market Outlook


8.1.1. By Value

8.1.2. By Volume


8.2.1. By Region

9. Global Portable Air Conditioners Market Outlook


9.1.1. By Value

9.1.2. By Volume


9.2.1. By Region

10. North America Air Conditioners Market Outlook



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10.1.1. By Value


10.2.1. By Type

10.2.2. By Country

11. South America Air Conditioners Market Outlook


11.1.1. By Value


11.2.1. By Type

11.2.2. By Country

12. Europe Air Conditioners Market Outlook


12.1.1. By Value


12.2.1. By Type

13. Asia-Pacific Air Conditioners Market Outlook


13.1.1. By Value


13.2.1. By Type

13.2.2. By Country

14. Middle East & Africa Air Conditioners Market Outlook



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S No. Contents

14.1.1. By Value


14.2.1. By Type

14.2.2. By Country

15. Market Dynamics

15.1. Drivers

15.2. Challenges

16. Trends & Developments

16.1. Air Purifier Based Air Conditioners

16.2. Technological Advancements

16.3. Introduction of Energy Efficient Air Conditioners

16.4. No Seasonal Dependency

16.5. Montreal Protocol

16.6. VRF and AHU Air Conditioners

16.7. Rising Demand for Portable Air Conditioners

16.8. Increasing Prices for Air Conditioners

17. Trade Dynamics

17.1. Import Analysis

17.2. Export Analysis

18. Policy & Regulatory Landscape

19. Competitive Landscape

19.1. Gree Electric

19.2. Daikin Industries, Ltd.


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19.3. United Technologies Corporation

19.4. Midea

19.5. Mitsubishi Electric Corporation

19.6. Panasonic Corporation

19.7. Hitachi, Ltd.

19.8. LG Electronics Inc.

19.9. Ingersoll Rand

19.10. Whirlpool Corporation

19.11. Electrolux AB.

19.12. Toshiba Corporation

19.13. Fujitsu General Limited

19.14. Blue Star Limited

19.15. Zamil Group

19.16. Guangdong Chigo Air Conditioning

19.17. Samsung Electronics

19.18. Emerson Electric.

19.19. Haier Electronics Group Co. Ltd.

19.20. Sharp Corporation

19.21. MIRC Electronics Limited

20. Strategic Recommendations

21. About Us & Disclaimer

R e s e a r c h M e t h o d o l o g y

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Baseline Methodology

Our dedicated team of industry experts has continuously monitored and analyzed different aspects of global air

conditioners market. The team has analyzed the outlook of various segments of this market and speculated a

positive future for this industry, while also considering factors such as growth in construction sector, extreme

climatic conditions, rising middle class population and rising per-capita income. We have applied top-down

approach in order to derive market size and average selling prices. We have provided accurate forecasting of the

market which would enable our clients to take better decisions while planning their strategy to achieve growth in

global air conditioners market.

Sources

For our study, the information is collected through primary research surveys with different manufacturers and

distributors of air conditioners, globally, followed by an exhaustive secondary research of credible paid

databases. Our team of analysts has then prudently evaluated all the collected information and presented it in

chronological order to depict a meaningful and clear picture of global air conditioners market. In addition, while

compiling the data, we have also cross checked all the collected information from multiple sources and data

warehouses in order to present the most accurate and precise information of the concerned industry. We have

also identified and analyzed all emerging trends, including important drivers and challenges that the industry is

confronting. We have also presented segmental shares with forecasts for the industry. The forecasts are based

on our in-depth analysis of market dynamics, prevalent trends, developments and opportunities, and

performance of end user industries.

Companies InterviewedDaikin, LG, Fujitsu, Blue Star, LG, Zamil Air Conditioners, Ingersoll Rand,Whirlpool

Secondary Sources Building Services Research and Information Association (BSRIA), Bureau of Energy Efficiency (BEE), World Bank, IMF, UN Comtrade, Company Annual Reports, NASA

S a m p l e D a t a - S n a p s h o t

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Figure 1: Global Air Conditioners Market Size, By Value (USD Billion), By

Volume (Million Units), 2010-2020F

1020

3040

5060

7080

90100

110

1530

4560

7590

105120

135150

165

2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F 2020F

Value (USD Billion) Volume (Million Units)

North America

2014 - X%2020F - X%

Middle East & Africa

2014 - X%2020F – X%

Europe2014 – X%2020F - X%

Asia-Pacific 2014 - X%2020F- X%

Leading Markets: XXXXX, XXXXX, XXXXXX

Leading Markets: XXXXXX, XXXXXX

Leading Markets: XXXXXXX, XXXXXX, XXXXXX

Leading Markets: XXXXXX, XXXXXX

South America2014 - X%2020F - X%

Leading Markets: XXXXX, XXXXXX

and XXXXXX

Figure 5: Global Air Conditioners Market Share, By Region, By Value, 2014 & 2020F

Figure 7: Global Air Conditioners Market Share, By End

Use, By Value, 2020F

Residential, 33.00%

Commercial, 33.00%

Industrial, 34.00%

Figure 10: Split Air Conditioners Market

Share, By Size, By Value, 2014

1.5 Ton, 33%

1 Ton, …

2 Ton, 34%

Figure 14: North America Air Conditioners Market Size, By

Value, 2010-2020F (USD Billion)

10.0020.00

30.0040.00

50.0060.00

70.0080.00

90.00100.00

110.00

2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F 2020F

2014- X% 2020- X%

2014- X%2020- X%

United States

Others

Figure 17: North America Air

Conditioners Market Share, By

Country, By Value, 2014 & 2020F

R e p o r t O r d e r i n g

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Report Name: Global Air Conditioners Market Forecast and Opportunities, 2020



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TechSci Research is a global market research and consulting company with offices in Canada, the UK and India. TechSci Research

provides market research reports in a number of areas to organizations. The company uses innovative business models that focus on

improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both

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and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely

rich evaluation of the opportunities available in the market.

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Disclaimer :

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is madethat it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from varioussources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness ofany information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially statesthat it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts,can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internalconsumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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