Market Overview:
The global air conditioner inverter market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient air conditioners and the growing awareness about the benefits of using air conditioner inverters. The global air conditioner inverter market is segmented on the basis of type, application, and region. On the basis of type, it is divided into half-bridge inverters and full-bridge inverters. Half-bridge inverters are more popular than full-bridge ones as they are cheaper and easier to manufacture. However, full-bridge ones offer better performance as they have higher efficiency levels than half-bridge ones. On the basis of application, it is segmented into home use and commercial use segments.
Product Definition:
An air conditioner inverter is a device that helps to cool down a room or space by converting DC power into AC power. This type of air conditioner is considered more energy-efficient than traditional models, and it can also help to save money on electric bills.
Half - Bridge Inverter:
A half bridge inverter is a type of power supply used in an air conditioner. It comprises two output terminals, normally connected by a bridge rectifier and smoothes out the fluctuations in voltage that occur when the load fluctuates.
The demand for these devices is expected to increase as they are relatively inexpensive and have low maintenance costs.
Full - Bridge Inverter:
Full - bridge inverter is a switching power supply which means it can handle AC input from any source and output to any load. It has no internal losses so the efficiency is 100%. It’s major application in air conditioner inverter market.
Full-bridge Inverters are used in three basic configurations: single-phase, three-phase, and five-phase full bridges.
Application Insights:
The commercial use segment dominated the global inverter market in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand for air conditioners from various commercial spaces, such as offices, educational institutes and shopping malls. In addition, increasing construction of sports arenas and golf courses across various regions is anticipated to drive the product demand in this application segment over the forecast period.
The home use category accounted for a substantial share of more than 50% in 2017 on account of growing urbanization along with rising disposable income among consumers globally. Furthermore, technological advancements that have made it possible to operate air conditioners without central heating systems are likely to increase their penetration rate among residential users worldwide.
Regional Analysis:
The Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing adoption of air conditioning in commercial as well as residential applications. Increasing number of manufacturing facilities, coupled with rising demand from end-use industries, such as hospitality and healthcare, is also expected to drive the APAC regional market over the forecast period.
Europe was another major contributor in terms of revenue share and is anticipated to witness significant growth over the next eight years owing to rising product penetration rates coupled with favorable government initiatives regarding energy efficiency standards set by European Union (EU). Latin America region also presents lucrative opportunities for industry participants due primarily on economic development along with increasing awareness about energy conservation measures taken by governments across this region.
Growth Factors:
- Increasing demand for energy-efficient air conditioners
- Rising disposable income of consumers in developing countries
- Proliferation of smart homes and buildings
- Growing popularity of inverter air conditioners among consumers
- Technological advancements in air conditioning systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Air Conditioner Inverter Market Research Report
By Type
Half - Bridge Inverter, Full - Bridge Inverter
By Application
Home Use, Commercial Use
By Companies
Honda, Yamaha, Generac, Hyundai, Powermate, Westinghouse, Kipor, Lifan, A-iPower, POTEK, Generac, Champion Power Equipment
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Air Conditioner Inverter Market Report Segments:
The global Air Conditioner Inverter market is segmented on the basis of:
Types
Half - Bridge Inverter, Full - Bridge Inverter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Commercial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honda
- Yamaha
- Generac
- Hyundai
- Powermate
- Westinghouse
- Kipor
- Lifan
- A-iPower
- POTEK
- Generac
- Champion Power Equipment
Highlights of The Air Conditioner Inverter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Half - Bridge Inverter
- Full - Bridge Inverter
- By Application:
- Home Use
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air Conditioner Inverter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An inverter is a device that converts direct current (DC) into alternating current (AC). This is done by using an electronic circuit to change the polarity of the electric current.
Some of the key players operating in the air conditioner inverter market are Honda, Yamaha, Generac, Hyundai, Powermate, Westinghouse, Kipor, Lifan, A-iPower, POTEK, Generac, Champion Power Equipment.
The air conditioner inverter market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Air Conditioner Inverter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Air Conditioner Inverter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Air Conditioner Inverter Market - Supply Chain
4.5. Global Air Conditioner Inverter Market Forecast
4.5.1. Air Conditioner Inverter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Air Conditioner Inverter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Air Conditioner Inverter Market Absolute $ Opportunity
5. Global Air Conditioner Inverter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Air Conditioner Inverter Market Size and Volume Forecast by Type
5.3.1. Half - Bridge Inverter
5.3.2. Full - Bridge Inverter
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Air Conditioner Inverter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Air Conditioner Inverter Market Size and Volume Forecast by Application
6.3.1. Home Use
6.3.2. Commercial Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Air Conditioner Inverter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Air Conditioner Inverter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Air Conditioner Inverter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Air Conditioner Inverter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Air Conditioner Inverter Demand Share Forecast, 2019-2026
9. North America Air Conditioner Inverter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Air Conditioner Inverter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Air Conditioner Inverter Market Size and Volume Forecast by Application
9.4.1. Home Use
9.4.2. Commercial Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Air Conditioner Inverter Market Size and Volume Forecast by Type
9.7.1. Half - Bridge Inverter
9.7.2. Full - Bridge Inverter
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Air Conditioner Inverter Demand Share Forecast, 2019-2026
10. Latin America Air Conditioner Inverter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Air Conditioner Inverter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Air Conditioner Inverter Market Size and Volume Forecast by Application
10.4.1. Home Use
10.4.2. Commercial Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Air Conditioner Inverter Market Size and Volume Forecast by Type
10.7.1. Half - Bridge Inverter
10.7.2. Full - Bridge Inverter
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Air Conditioner Inverter Demand Share Forecast, 2019-2026
11. Europe Air Conditioner Inverter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Air Conditioner Inverter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Air Conditioner Inverter Market Size and Volume Forecast by Application
11.4.1. Home Use
11.4.2. Commercial Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Air Conditioner Inverter Market Size and Volume Forecast by Type
11.7.1. Half - Bridge Inverter
11.7.2. Full - Bridge Inverter
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Air Conditioner Inverter Demand Share, 2019-2026
12. Asia Pacific Air Conditioner Inverter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Air Conditioner Inverter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Air Conditioner Inverter Market Size and Volume Forecast by Application
12.4.1. Home Use
12.4.2. Commercial Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Air Conditioner Inverter Market Size and Volume Forecast by Type
12.7.1. Half - Bridge Inverter
12.7.2. Full - Bridge Inverter
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Air Conditioner Inverter Demand Share, 2019-2026
13. Middle East & Africa Air Conditioner Inverter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Air Conditioner Inverter Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Air Conditioner Inverter Market Size and Volume Forecast by Application
13.4.1. Home Use
13.4.2. Commercial Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Air Conditioner Inverter Market Size and Volume Forecast by Type
13.7.1. Half - Bridge Inverter
13.7.2. Full - Bridge Inverter
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Air Conditioner Inverter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Air Conditioner Inverter Market: Market Share Analysis
14.2. Air Conditioner Inverter Distributors and Customers
14.3. Air Conditioner Inverter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honda
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Yamaha
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Generac
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hyundai
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Powermate
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Westinghouse
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kipor
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lifan
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. A-iPower
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. POTEK
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Generac
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Champion Power Equipment
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
