Market Overview:
The global portable AC market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and cost-effective cooling solutions, especially in regions with high temperatures. Additionally, the growing trend of using portable air conditioners as a substitute for window air conditioners is also contributing to the growth of this market. Based on type, the global portable AC market can be segmented into 6,000 BTU portable air conditioner, 8,000 BTU portable air conditioner 10,000 BTU Portable Air Conditioner and 14 000 BTU Portable Air Conditioner segments.
Product Definition:
A portable air conditioner (PAC) is an air conditioning unit that can be easily moved from one room to another. Portable ACs are popular in warm climates where central air conditioning is not available or needed. They can also be used as a supplement to central AC in a larger home.
6,000 BTU Portable Air Conditioner:
6,000 BTU is the power consumption of portable air conditioner in terms of BTUs. It's also used to measure power required to run an air conditioner. The higher the number, the more powerful and efficient the device is expected to be.
The growth factor in this segment can be attributed to rising consumer awareness regarding environment conservation coupled with government regulations mandating energy-efficient products across all sectors globally.
8,000 BTU Portable Air Conditioner:
8,000 BTU Portable Air Conditioner is used for cooling of rooms up to 150 Sq. Ft., which are not connected to the central heating system in a house. It has an efficient and effective way of cooling by using forced air that helps in moving the heat out of the room.
Application Insights:
The market is segmented by application into residential care facilities & apartment communities, factories and warehouses, medical and hospitals, offices and other commercial facilities, transportation hubs & airports. The residential care facility & apartment community segment accounted for the largest share in 2017 owing to the rising number of construction projects for new homes. Portable air conditioners are installed in windows of each room to maintain temperature inside apartments between 18°C to 22°C throughout summer months.
Factories and warehouses are expected to be one of the fastest-growing segments over the forecast period due largely to increasing manufacturing activities across various industries worldwide. Portable air conditioners serve as a crucial requirement in such industrial applications as they help maintain optimal working conditions with minimal energy consumption at a reasonable cost. Furthermore, they also ensure effective heat ventilation circulation resulting in improved productivity among employees within limited space available at factory floors or warehouse storage areas.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing demand for technologically advanced products with enhanced features. Asia Pacific is projected to be the fastest-growing regional portable air conditioning market over the forecast period due to rapid industrialization and urbanization in emerging economies such as China and India. Moreover, rising disposable income levels are anticipated to fuel product adoption across various end-use industries including manufacturing, healthcare & hospitals, data centers/IT rooms and residential care facilities & apartment communities.
The European market also accounted for a significant share of revenue in 2017 owing their large presence of electronic manufacturers including Samsung Electronics Co., Foxconn Technology Group (Hon Hai Precision Industry Corporation), Hewlett Packard Enterprise Development LP., Panasonic Corporation; Dell EMC; Hitachi Ltd.
Growth Factors:
- Increasing demand for comfortable and healthy living spaces: The global population is growing at a rapid pace and with it the demand for comfortable living spaces. This is particularly true in developed countries where people are increasingly seeking ways to make their homes more livable and energy-efficient. Portable ACs offer an efficient, cost-effective way to cool down individual rooms or small areas, making them an attractive option for many consumers.
- Rising awareness of the benefits of portable air conditioning: As portable ACs become more popular, there is increasing awareness of their benefits among consumers worldwide. These include improved comfort, energy savings, and health benefits such as better air quality indoors. All of these factors are helping to drive growth in the portable AC market.
- Rapid advancements in technology: Portable ACs have come a long way over the past few years, thanks to rapid advancements in technology that have made them smaller, lighter, quieter and more energy-efficient than ever before. This trend is likely to continue as manufacturers continue to innovate new features and technologies that make portable ACs even more appealing to consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable AC Market Research Report
By Type
6,000 BTU Portable Air Conditioner, 8,000 BTU Portable Air Conditioner, 10,000 BTU Portable Air Conditioner, 14,000 BTU Portable Air Conditioner, Others
By Application
Equipment & Server Rooms, Factories & Warehouses, Medical & Hospitals, Residential Care Facilities & Apartment Communities
By Companies
DeLonghi, Airart, Electrolux, OlimpiaSplendid, Midea, LG, Haier, Suntec, Carrier, Whirlpool, DeLonghi, Whynter, Gree, Panasonic, Aux, Chigo
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Portable AC Market Report Segments:
The global Portable AC market is segmented on the basis of:
Types
6,000 BTU Portable Air Conditioner, 8,000 BTU Portable Air Conditioner, 10,000 BTU Portable Air Conditioner, 14,000 BTU Portable Air Conditioner, Others
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
Equipment & Server Rooms, Factories & Warehouses, Medical & Hospitals, Residential Care Facilities & Apartment Communities
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:
- DeLonghi
- Airart
- Electrolux
- OlimpiaSplendid
- Midea
- LG
- Haier
- Suntec
- Carrier
- Whirlpool
- DeLonghi
- Whynter
- Gree
- Panasonic
- Aux
- Chigo
Highlights of The Portable AC 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:
- 6,000 BTU Portable Air Conditioner
- 8,000 BTU Portable Air Conditioner
- 10,000 BTU Portable Air Conditioner
- 14,000 BTU Portable Air Conditioner
- Others
- By Application:
- Equipment & Server Rooms
- Factories & Warehouses
- Medical & Hospitals
- Residential Care Facilities & Apartment Communities
- 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 Portable AC 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- 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?
Portable AC is a type of air conditioning that can be moved from one place to another.
Some of the key players operating in the portable ac market are DeLonghi, Airart, Electrolux, OlimpiaSplendid, Midea, LG, Haier, Suntec, Carrier, Whirlpool, DeLonghi, Whynter, Gree, Panasonic, Aux, Chigo.
The portable ac 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 Portable AC 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 Portable AC Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Portable AC 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 Portable AC 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 Portable AC Market Size & Forecast, 2020-2028
4.5.1 Portable AC Market Size and Y-o-Y Growth
4.5.2 Portable AC Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 6
5.2.2 000 BTU Portable Air Conditioner
5.2.3 8
5.2.4 000 BTU Portable Air Conditioner
5.2.5 10
5.2.6 000 BTU Portable Air Conditioner
5.2.7 14
5.2.8 000 BTU Portable Air Conditioner
5.2.9 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Equipment & Server Rooms
6.2.2 Factories & Warehouses
6.2.3 Medical & Hospitals
6.2.4 Residential Care Facilities & Apartment Communities
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable AC 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 Portable AC 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 6
9.6.2 000 BTU Portable Air Conditioner
9.6.3 8
9.6.4 000 BTU Portable Air Conditioner
9.6.5 10
9.6.6 000 BTU Portable Air Conditioner
9.6.7 14
9.6.8 000 BTU Portable Air Conditioner
9.6.9 Others
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 Market Size Forecast by Applications
9.10.1 Equipment & Server Rooms
9.10.2 Factories & Warehouses
9.10.3 Medical & Hospitals
9.10.4 Residential Care Facilities & Apartment Communities
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 6
10.6.2 000 BTU Portable Air Conditioner
10.6.3 8
10.6.4 000 BTU Portable Air Conditioner
10.6.5 10
10.6.6 000 BTU Portable Air Conditioner
10.6.7 14
10.6.8 000 BTU Portable Air Conditioner
10.6.9 Others
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 Market Size Forecast by Applications
10.10.1 Equipment & Server Rooms
10.10.2 Factories & Warehouses
10.10.3 Medical & Hospitals
10.10.4 Residential Care Facilities & Apartment Communities
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 6
11.6.2 000 BTU Portable Air Conditioner
11.6.3 8
11.6.4 000 BTU Portable Air Conditioner
11.6.5 10
11.6.6 000 BTU Portable Air Conditioner
11.6.7 14
11.6.8 000 BTU Portable Air Conditioner
11.6.9 Others
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 Market Size Forecast by Applications
11.10.1 Equipment & Server Rooms
11.10.2 Factories & Warehouses
11.10.3 Medical & Hospitals
11.10.4 Residential Care Facilities & Apartment Communities
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 6
12.6.2 000 BTU Portable Air Conditioner
12.6.3 8
12.6.4 000 BTU Portable Air Conditioner
12.6.5 10
12.6.6 000 BTU Portable Air Conditioner
12.6.7 14
12.6.8 000 BTU Portable Air Conditioner
12.6.9 Others
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 Market Size Forecast by Applications
12.10.1 Equipment & Server Rooms
12.10.2 Factories & Warehouses
12.10.3 Medical & Hospitals
12.10.4 Residential Care Facilities & Apartment Communities
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 6
13.6.2 000 BTU Portable Air Conditioner
13.6.3 8
13.6.4 000 BTU Portable Air Conditioner
13.6.5 10
13.6.6 000 BTU Portable Air Conditioner
13.6.7 14
13.6.8 000 BTU Portable Air Conditioner
13.6.9 Others
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) Market Size Forecast by Applications
13.10.1 Equipment & Server Rooms
13.10.2 Factories & Warehouses
13.10.3 Medical & Hospitals
13.10.4 Residential Care Facilities & Apartment Communities
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 Portable AC Market: Competitive Dashboard
14.2 Global Portable AC Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DeLonghi
14.3.2 Airart
14.3.3 Electrolux
14.3.4 OlimpiaSplendid
14.3.5 Midea
14.3.6 LG
14.3.7 Haier
14.3.8 Suntec
14.3.9 Carrier
14.3.10 Whirlpool
14.3.11 DeLonghi
14.3.12 Whynter
14.3.13 Gree
14.3.14 Panasonic
14.3.15 Aux
14.3.16 Chigo
