Market Overview:
The global energy-saving air conditioning market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient air conditioning systems across the globe. In addition, the growing awareness about environment-friendly air conditioning systems is also contributing to the growth of this market. The evaporative air conditioner segment is expected to dominate the global energy-saving air conditioning market during the forecast period. This segment is projected to grow at a CAGR of 6% from 2018 to 2030.
Product Definition:
An air conditioning system that uses less energy to operate is called an energy-saving air conditioner. Energy-saving air conditioners are important because they save money and help the environment by using less energy.
Evaporative Air Conditioner:
An evaporative air conditioner is a heat pump used to remove moisture from the indoor air. It works by using a wet cooling pad that can be changed regularly, thus reducing the risk of mildew and bacteria build-up. The dehumidification process takes place through evaporation, which is aided by hot air drawn in from outside the house and passed through water before it is cooled down to remove any moisture content.
Environmentally Friendly Air Conditioning:
The environmentally friendly air conditioning (EFA) is a system that extracts the heat from the indoor environment and dissipates it into the surrounding area through an air duct. It is usually used in commercial buildings such as offices, shopping malls, and hospitals to maintain uniform temperature. The product also helps in reducing energy consumption by up to 20% which makes it one of the most effective cooling technologies available today.
Application Insights:
The demand for the commercial type of air conditioning is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to the growing adoption of these systems in offices, retail stores and shopping malls among other commercial buildings. The cooling equipment used in these applications are designed and manufactured according to ISSO 801:2008 standard which ensures high performance, energy efficiency and durability. Furthermore, technological advancements in control systems along with building-integrated solutions are further anticipated to fuel the demand over the forecast period.
Household use accounted for more than 70% market share on account of cost-effectiveness coupled with ease of installation as well as maintenance procedures employed by majority of end-users across various regions including North America & Europe. In addition, increasing government initiatives relatedto energy conservation along with rising awareness regarding environmental issues such as greenhouse gas emissions is projected to bolster market growth over next seven years or so.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, which makes it an attractive regional market for energy-saving air conditioning products. Furthermore, increasing disposable income levels coupled with rapid urbanization in developing countries such as India and China are anticipated to drive product demand further.
North America is projected to be one of the fastest-growing markets from 2018 to 2030 owing to rising consumer awareness regarding comfort cooling products along with stringent government regulations on energy consumption by appliances. Europe also held a significant share in terms of revenue due to high demand for environment-friendly cooling systems from households as well as commercial places such as restaurants and hotels among others. Moreover, presence of key companies that manufacture these systems will fuel growth further over the next eight years (2030). However, sluggish economic conditions in some European countries may hamper growth owing their industrial sectors were hard hit by this crisis (Brexit).
Growth Factors:
- Increasing demand for energy-efficient air conditioning systems from commercial and residential sectors
- Government initiatives and regulations to promote the use of energy-efficient air conditioning systems
- Rising awareness about the benefits of using energy-saving air conditioning systems among consumers
- Technological advancements in air conditioning technologies that help reduce power consumption
- Growing demand for green buildings, which require more efficient cooling solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Energy-saving Air Conditioning Market Research Report
By Type
Evaporative Air Conditioner, Environmentally Friendly Air Conditioning, Water Evaporation Air Conditioner, Wet Curtain Air Cooler
By Application
Househould Use, Commercial Use, Industrial Use
By Companies
Daikin, COOL NOMIX, Coleman, Goodman, Airwell, Ductair, Panasonic, Fujitsu General, Ruud, JohnsonControls, Mitsubishi, Chiltrix Inc, SustainE, Toshiba, Friedrich, Gree, Haier
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Energy-saving Air Conditioning Market Report Segments:
The global Energy-saving Air Conditioning market is segmented on the basis of:
Types
Evaporative Air Conditioner, Environmentally Friendly Air Conditioning, Water Evaporation Air Conditioner, Wet Curtain Air Cooler
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
Househould Use, Commercial Use, Industrial 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:
- Daikin
- COOL NOMIX
- Coleman
- Goodman
- Airwell
- Ductair
- Panasonic
- Fujitsu General
- Ruud
- JohnsonControls
- Mitsubishi
- Chiltrix Inc
- SustainE
- Toshiba
- Friedrich
- Gree
- Haier
Highlights of The Energy-saving Air Conditioning 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:
- Evaporative Air Conditioner
- Environmentally Friendly Air Conditioning
- Water Evaporation Air Conditioner
- Wet Curtain Air Cooler
- By Application:
- Househould Use
- Commercial Use
- Industrial 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 Energy-saving Air Conditioning 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?
Energy-saving air conditioning is a type of air conditioning that uses less energy than traditional air conditioning. Energy-saving air conditioners use less energy by using more efficient cooling systems and by reducing the amount of heat produced by the appliances in your home.
Some of the key players operating in the energy-saving air conditioning market are Daikin, COOL NOMIX, Coleman, Goodman, Airwell, Ductair, Panasonic, Fujitsu General, Ruud, JohnsonControls, Mitsubishi, Chiltrix Inc, SustainE, Toshiba, Friedrich, Gree, Haier.
The energy-saving air conditioning market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Energy-saving Air Conditioning Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Energy-saving Air Conditioning Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Energy-saving Air Conditioning Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Energy-saving Air Conditioning Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Energy-saving Air Conditioning Market Size & Forecast, 2018-2028
4.5.1 Energy-saving Air Conditioning Market Size and Y-o-Y Growth
4.5.2 Energy-saving Air Conditioning Market Absolute $ Opportunity
Chapter 5 Global Energy-saving Air Conditioning Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Energy-saving Air Conditioning Market Size Forecast by Type
5.2.1 Evaporative Air Conditioner
5.2.2 Environmentally Friendly Air Conditioning
5.2.3 Water Evaporation Air Conditioner
5.2.4 Wet Curtain Air Cooler
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Energy-saving Air Conditioning Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Energy-saving Air Conditioning Market Size Forecast by Applications
6.2.1 Househould Use
6.2.2 Commercial Use
6.2.3 Industrial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Energy-saving Air Conditioning Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Energy-saving Air Conditioning Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Energy-saving Air Conditioning Analysis and Forecast
9.1 Introduction
9.2 North America Energy-saving Air Conditioning Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Energy-saving Air Conditioning Market Size Forecast by Type
9.6.1 Evaporative Air Conditioner
9.6.2 Environmentally Friendly Air Conditioning
9.6.3 Water Evaporation Air Conditioner
9.6.4 Wet Curtain Air Cooler
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Energy-saving Air Conditioning Market Size Forecast by Applications
9.10.1 Househould Use
9.10.2 Commercial Use
9.10.3 Industrial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Energy-saving Air Conditioning Analysis and Forecast
10.1 Introduction
10.2 Europe Energy-saving Air Conditioning Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Energy-saving Air Conditioning Market Size Forecast by Type
10.6.1 Evaporative Air Conditioner
10.6.2 Environmentally Friendly Air Conditioning
10.6.3 Water Evaporation Air Conditioner
10.6.4 Wet Curtain Air Cooler
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Energy-saving Air Conditioning Market Size Forecast by Applications
10.10.1 Househould Use
10.10.2 Commercial Use
10.10.3 Industrial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Energy-saving Air Conditioning Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Energy-saving Air Conditioning Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Energy-saving Air Conditioning Market Size Forecast by Type
11.6.1 Evaporative Air Conditioner
11.6.2 Environmentally Friendly Air Conditioning
11.6.3 Water Evaporation Air Conditioner
11.6.4 Wet Curtain Air Cooler
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Energy-saving Air Conditioning Market Size Forecast by Applications
11.10.1 Househould Use
11.10.2 Commercial Use
11.10.3 Industrial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Energy-saving Air Conditioning Analysis and Forecast
12.1 Introduction
12.2 Latin America Energy-saving Air Conditioning Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Energy-saving Air Conditioning Market Size Forecast by Type
12.6.1 Evaporative Air Conditioner
12.6.2 Environmentally Friendly Air Conditioning
12.6.3 Water Evaporation Air Conditioner
12.6.4 Wet Curtain Air Cooler
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Energy-saving Air Conditioning Market Size Forecast by Applications
12.10.1 Househould Use
12.10.2 Commercial Use
12.10.3 Industrial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Energy-saving Air Conditioning Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Energy-saving Air Conditioning Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Energy-saving Air Conditioning Market Size Forecast by Type
13.6.1 Evaporative Air Conditioner
13.6.2 Environmentally Friendly Air Conditioning
13.6.3 Water Evaporation Air Conditioner
13.6.4 Wet Curtain Air Cooler
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Energy-saving Air Conditioning Market Size Forecast by Applications
13.10.1 Househould Use
13.10.2 Commercial Use
13.10.3 Industrial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Energy-saving Air Conditioning Market: Competitive Dashboard
14.2 Global Energy-saving Air Conditioning Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daikin
14.3.2 COOL NOMIX
14.3.3 Coleman
14.3.4 Goodman
14.3.5 Airwell
14.3.6 Ductair
14.3.7 Panasonic
14.3.8 Fujitsu General
14.3.9 Ruud
14.3.10 JohnsonControls
14.3.11 Mitsubishi
14.3.12 Chiltrix Inc
14.3.13 SustainE
14.3.14 Toshiba
14.3.15 Friedrich
14.3.16 Gree
14.3.17 Haier
