Portable Air Conditioner Market is Expected to Grow at a CAGR of Around 3% During 2019 - 2027 - PowerPoint PPT Presentation

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Portable Air Conditioner Market is Expected to Grow at a CAGR of Around 3% During 2019 - 2027

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Title: Portable Air Conditioner Market is Expected to Grow at a CAGR of Around 3% During 2019 - 2027


1
Portable Air Conditioner Market is expected to
witness gradual expansion at a CAGR of 2.8
  • March 2020

Report Id REP-GB-9001 Published On
Feb-2019 Category Retail and Consumer Products
2
About Future Market Insights
Future Market Insights (FMI) is a premier
provider of syndicated research reports, custom
research reports, and consulting services. We
deliver a complete packaged solution, which
combines current market intelligence, statistical
anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive
framework, and future market trends. We provide
research services at a global as well as regional
level key regions include GCC, ASEAN,
and BRIC. Our offerings cover a broad spectrum of
industries including Chemicals, Materials,
Energy, Technology, Healthcare, and Retail. We
have a global presence with delivery centers
across India specializing in providing global
research reports and country research reports.
FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune,
India. We combine our knowledge and learning from
every corner of the world to distill it to one
thing the perfect solution for our client.
Research Capabilities
Sector Coverage
  • Customized Research
  • Syndicated Research
  • Investment Research
  • Social Media Research

  • Automotive and Transportation
  • Electronics, Semiconductor, and ICT
  • Retail and Consumer Products
  • Industrial Automation and Equipment
  • Chemicals Materials
  • Food and Beverages
  • Services and Utilities
  • Energy, Mining, Oil, and Gas

Subscription Information

For detailed subscription information please
contact Hari. T (Sr. Manager - Global Business
Development) T 44 (0) 20 7692 8790 D 44
20 3287 4268 Email hari.t_at_futuremarketinsights.co
m
3
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts
FMI conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
FMI delivers industry insights and information in the required format (PDF)
  • Identifying key opinion leaders
  • Questionnaire design
  • In-depth interviews
  • Coverage across value chain
  • Key industry experts
  • Channel study
  • Developments
  • Market dynamics
  • Products
  • Conclusions

SOLUTION
  • Market participants
  • Key strengths
  • Product portfolio
  • Mapping as per value chain
  • Key focus segments

Primary Research
Secondary Research
Paid Publications
  • Linkedin
  • Zoominfo
  • Salesforce
  • Avention
  • Factiva
  • GBI
  • Genios
  • Meltwater
  • Company websites
  • Company annual reports
  • White papers
  • Financial reports

includes sources of databases
4
Portable Air Conditioner Market Analysis
  • Portable Air Conditioner Market is expected to
    witness gradual expansion at a CAGR of 2.8
  • Portable air conditioner sales closed in on
    around US 1 billion in 2018, which are envisaged
    to witness a sluggish below-3 growth in 2019.
    According to a new study of Future Market
    Insights (FMI), more than 80 of the overall
    sales of portable air conditioner is accounted by
    residential end users. Commercial use has been
    estimated to account for a negligible revenue
    share in the portable air conditioner market.
  • Mid-sized Portable Air Conditioner Top Selling
  • Over 5 in 10 portable air conditioner buyers are
    observed to prefer medium capacity models, i.e.
    11,000-15,000 BTUs. FMIs analysis suggests that
    portable air conditioners within this capacity
    range will continue to experience modest growth
    in sales over the coming years. On the other
    side, low capacity and high capacity models of
    portable air conditioner will reportedly register
    sluggish rate in terms of revenue. Compact size
    is cited as the key demand determinant dictating
    sales growth of mid-capacity models in market.
  • More than 3/5th of the overall sales of portable
    air conditioner is contributed by multi-brand
    stores, and organized retail stores - i.e.
    supermarkets hypermarkets. The revenue share of
    the former will however expand at a relatively
    higher pace, according to the report.

5
Portable Air Conditioner Market Analysis
  • APEJ Strongest Consumer Base Sustaining Portable
    AC Sales
  • With a current market value share of over 40,
    Asia Pacific has been providing a prime consumer
    base for portable air conditioner manufacturing
    brands. North America, the next key market for
    penetration of portable air conditioner, will
    however record a falling rate of revenue growth
    in the years to come. The report attributes
    APEJs lead in market to the availability of a
    wide size range at economic price point, compact
    size and mobility, and consistently improving per
    capita spending of Asian consumers on lifestyle
    and convenience products. However, it also
    highlights that relatively higher noise
    production and lesser energy efficiency of
    portable air conditioners over conventional
    counterparts will remain the key pull factor
    forestalling their rapid demand growth.
  • The report has profiled some of the leading
    companies operating in the global portable air
    conditioner market landscape, including LG
    Electronics Inc., Panasonic Corporation,
    Electrolux AB, Friedrich, Haier Group
    Corporation, and The Whirlpool Corporation among
    others. As indicated by FMIs study, leading
    manufacturers of portable air conditioners have
    been maintaining strategic focus on development
    of innovative models that are competitive priced
    and have innovative functional features.
    Introduction of portable air conditioner-cum-dehum
    idifier has been a booster to portable AC sales
    in the market, recently. Delivering higher energy
    efficiency with additional features will
    reportedly be the key developmental strategy
    trending the competitive landscape of portable
    air conditioner market.

6
Portable Air Conditioner Market Analysis
  • Sourcehttps//www.globenewswire.com/news-release/
    2019/03/05/1748154/0/en/Portable-Air-Conditioner-M
    arket-Poised-to-Expand-at-a-Robust-Pace-Over-of-US
    -1-311-2-Mn-by-2027-Future-Market-Insights.html
  • Browse More Retail and Consumer Products Market
    Insights
  • Cosmetics ODM Market
  • Electric Toothbrush Market
  • About Us
  • Future Market Insights (FMI) is a leading market
    intelligence and consulting firm. We deliver
    syndicated research reports, custom research
    reports and consulting services which are
    personalized in nature. FMI delivers a complete
    packaged solution, which combines current market
    intelligence, statistical anecdotes, technology
    inputs, valuable growth insights and an aerial
    view of the competitive framework and future
    market trends.

7
Portable Air Conditioner Market Analysis
  • Contact Us
  • Mr. Abhishek Budholiya 616 Corporate Way, Suite
    2-9018, Valley Cottage, NY 10989, United
    States T 1-347-918-3531 F 1-845-579-5705 T
    (UK) 44 (0) 20 7692 8790 Sales
    sales_at_futuremarketinsights.com Press Office
    Press_at_futuremarketinsights.com Future Market
    Insights

8
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office at press_at_futuremarketinsights.com For
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Global Business Development) Future Market
Insights 3rd Floor, 207 Regent Street, London
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4268 Email hari.t_at_futuremarketinsights.com
Thank You
Future Market Insights Global Consulting
Private Limited (FMI)
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