Press release
Portable Air Conditioner Market Expected to Surge to Nearly USD 1.53 Billion by 2029, Growing at 4.6 Percent from 2023, Starting at USD 1.12 Billion in 2022
Portable Air Conditioner Market Dynamics:The portable air conditioner market has experienced dynamic shifts in recent years, driven by various factors that have reshaped consumer preferences and industry trends. Firstly, increasing global temperatures and changing climate patterns have fueled the demand for portable air conditioners, as they provide a flexible and convenient cooling solution for homes and offices. These compact and mobile units are particularly appealing in regions experiencing heatwaves or those with inadequate central cooling systems.
Secondly, advancements in technology have led to more energy-efficient and feature-rich portable air conditioners. Manufacturers have incorporated smart controls, energy-saving modes, and eco-friendly refrigerants to cater to environmentally conscious consumers. Additionally, innovations in cooling technology have improved the overall performance and effectiveness of portable units, enhancing their cooling capabilities while minimizing energy consumption.
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Portable Air Conditioner Market Report Scope and Research Methodology :
A comprehensive market report on portable air conditioners encompasses a well-defined scope and a robust research methodology to deliver accurate and valuable insights. The scope of such a report typically includes a thorough analysis of the portable air conditioner market's size, growth potential, key segments, and regional trends. It often covers various aspects such as product types (e.g., single-hose and dual-hose portable air conditioners), end-use applications (residential, commercial, industrial), and geographical regions.
The research methodology adopted for compiling such a report is critical to ensure the reliability and relevance of the findings. It often involves both primary and secondary research. Primary research methods include surveys, interviews, and discussions with industry experts, manufacturers, distributors, and consumers. These efforts help gather firsthand information regarding market dynamics, emerging trends, and consumer preferences.
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What is Portable Air Conditioner Market 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
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Who are Portable Air Conditioner Market Key Players:
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
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Portable Air Conditioner Market Regional Insights:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Table of content for the Portable Air Conditioner Market includes:
1. Global Portable Air Conditioner Market: Research Methodology
1. Global Portable Air Conditioner Market : Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.Global Portable Air Conditioner Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4 . Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region
• Market Size, Share, Size and Forecast by different segment
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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