Press release
Air conditioning market in India to grow at a CAGR of 10.39% during the period 2017-2021
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Description
Air conditioners are machines that control humidity, ventilation, and temperature of rooms, buildings, and vehicles. The market has two segmentations, residential and commercial markets. The products under consideration are window ACs and split ACs. The report only covers the air conditioning market in India. The global air conditioning market has changed rapidly over time with respect to technology and innovation in the field of coolers, filters, compressors, and sensors, which are used in smart air conditioners (ACs). These technologies help in developing energy-efficient ACs, which expand the customer base. The growth of the global residential and commercial construction market is driving the global air conditioning market.
Technavios analysts forecast the air conditioning market in India to grow at a CAGR of 10.39% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the air conditioning market in India for 2017-2021. To calculate the market size, the report considers the sales, volume, and value of split and window ACs.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Air Conditioning Market in India 2017-2021, 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 Airconditioning India
Johnson Controls - Hitachi Air Conditioning
Mitsubishi Electric
Voltas
Other prominent vendors
Blue Star
Carrier
Godrej
LG
Lloyd Electric & Engineering
General
Onida
Whirpool
Samsung
Market driver
Increase in electronic retail store and e-commerce
For a full, detailed list, view our report
Market challenge
High cost of energy-efficient ACs and maintenance of traditional ACs
For a full, detailed list, view our report
Market trend
Increased demand for solar powered ACs
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 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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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product
Market overview
Split AC market in India
Window AC market in India
PART 07: Market segmentation by end-user
Market overview
Residential users
Commercial users
PART 08: Geographical segmentation
Geographical segmentation in India
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Market challenges
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PART 11: Market trends
Increased demand for solar powered ACs
Introduction of smart and inverter ACs
AC manufacturers eyeing smaller cities
PART 12: Vendor landscape
Competitive scenario
Other prominent vendors
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