Press release
Global Inverter Technology Air Conditioner Market Analysis and Advancement To Drive Growth at CAGR of 12.76% By 2020
Conventional air conditioner compressors can run at only one speed. Therefore, these compressors turn on and off at intervals to maintain the temperature inside an air conditioner. This results in high energy consumption. However, inverter technology air conditioner compressors can run at different speeds depending on the load required by the air conditioner. In inverter technology air conditioners, variable motor electronic speed drives modulate the power supplied to the motor as per load or set temperature (judged through additional circuitry), which further modulates the compressor's function. The flexible modulation thus achieved varies the speed of the compressor to provide the temperature that is required.Technavios analysts forecast the global inverter technology air conditioner market to grow at a CAGR of 12.76% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global inverter technology air conditioner market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of residential inverter technology air conditioners through different retail channels.
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The market is divided into the following segments based on geography:
Americas
APAC
Europe
MEA
Technavio's report, Global Inverter Technology Air Conditioner Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Daikin Industries
Haier
Johnson Controls
LG Electronics
Mitsubishi Electric
Panasonic
Samsung
Toshiba Carrier
United Technologies
Other prominent vendors
Blue Star
Electrolux
Godrej Group
GREE ELECTRIC APPLIANCES
Hisense Group
Midea Group
Robert Bosch
Sharp
Voltas (TATA)
Whirlpool
Market driver
Consumer and government perspectives: Superior performance.
For a full, detailed list, view our report
Market challenge
Lack of standardization for interface and core frequency control algorithm.
For a full, detailed list, view our report
Market trend
Inclusion of value-added features to justify the high cost of inverter technology air conditioners.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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