The Portable Air Conditioners Industry sales study offers a comprehensive analysis on diverse features including production capacities, Portable Air Conditioners demand, product developments, sales revenue generation and Portable Air Conditioners market outlook across the globe.
market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Portable Air Conditioners market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments
The global portable air conditioners market is estimated at USD 696.2 Million in 2022 and is forecast to surpass USD 1,096.8 Million by 2032, growing at a CAGR of 4.6% from 2022 to 2032.
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The readability score of the Portable Air Conditioners market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Portable Air Conditioners market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Portable Air Conditioners along with key stakeholders as well as emerging players associated with the manufacturing of product.
The Key trends Analysis of Extended Portable Air Conditioners market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.
Key Companies Profiled
- Lloyd Electric & Engineering Limited
- LG Electronics Inc.
- Midea Group
- AB Electrolux
- United CoolAir Corporation
- Blue Star Limited
- Haier Inc.
- Daikin Industries Ltd.
- Olimpia Splendid Spa
- Whirlpool Corp.
- Other Market Players
Competitive Landscape
The global portable air conditioners market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the growth of portable air conditioners.
Fact.MR has provided detailed information about price points of key manufacturers in portable air conditioners market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
- LG Electronics Inc.in 2021 acquired controlling stake in Alphonso, which is a TV data and measurement company. They acquired it through one of its US subsidiaries Zenith Electronics LLC which will allow LG to utilize software, services, data analytics, media planning, and AI capabilities of Alphonso for offering home entertainment products
- DENSO Corporationwhich manufacturers commercial spot air conditioners, launched a new high-performance MovinCool under the brand of MovinColl in 2021. The new series being launched is portable and features 3 models for industrial applications and 6 models for office use and 2 models for both cooling and heating
Global Portable Air Conditioners Market by Category
- By Capacity, Global Portable Air Conditioners Market is segmented as:
- 5,000-10,000 BTUs
- 11,000-15,000 BTUs
- 16,000-20,000 BTUs
- 20,000 & Above BTUs
- By End-Use, Global Portable Air Conditioners Market is segmented as:
- Residential
- Commercial
- By Distribution Channel, Global Portable Air Conditioners Market is segmented as:
- Online Distribution Channel
- Offline Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- Departmental Stores
- Other Distribution Channels
- By Region, Global Portable Air Conditioners Market is segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
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