Market Overview:
The global portable air conditioning system 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 and cost-effective cooling solutions, especially in commercial and industrial applications. In addition, the growing awareness about health and hygiene among consumers is also driving the demand for portable air conditioners. The global portable air conditioning system market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into portable air conditioner for small room, medium room, and large room segments. The small room segment is expected to account for a major share of the global Portable AC Market due to its low installation cost as compared to other types of ACs available in the market. On account of their high efficiency levels and low noise levels as compared with window or split ACs units; Portable Air Conditioners are witnessing increasing demand from residential applications such as apartments complexes & individual homes across regions such as North America & Europe . On application basis ,the equipment & server rooms segment accounted for majority share in 2017and itis projectedto maintain its dominance during forecast period owingto rising numberof data centers&server installations worldwide .
Product Definition:
A portable air conditioning system (PAC) is a device that cooling and dehumidifying indoor air by means of a refrigeration cycle, which transfers sensible heat from the interior of the cooled space to the exterior. Portable air conditioners are typically used in temporary or emergency situations where centralized cooling is not available, such as server rooms, factories, mosques and schools.
Portable Air Conditioner For Small Room:
Portable air conditioner for small room, it's usage.
The short answer is yes.
Portable Air Conditioner For Medium Room:
The portable air conditioner for the medium room is used in the Portable Air Conditioning Systems market. The primary function of this device is to provide cooling, and it does it very well. It’s ability to shift heat from one place to another helps in keeping the rooms cool during hot summer months and warm during winter season. This shifting of heat can be done manually by using a remote control or automatically through an app controlled mechanism that aids in maintaining desired temperature within a range.
Application Insights:
The market is segmented by application into equipment & server rooms, factories & warehouses, medical & hospitals, residential care facilities & apartment communities and others. The residential care facilities and apartment communities segment held the largest share in 2017 owing to the increasing demand for portable air conditioning systems from end-use customers. Portable air conditioners are widely used in summertime months in apartments and summer homes as they provide relief from sweltering heat without compromising with energy efficiency or environmental concerns.
Factories and warehouses are another major application area of portable air conditioning systems wherein these systems are deployed during peak production hours to maintain temperature levels inside premises at comfortable levels for workers. Deployment of portable units eliminates the need for large investments in infrastructure development; however, such units should be appropriately sized according to volume of product being produced so that conditions remain bearable throughout operations at maximum capacity.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of technology providers and portable air conditioning system manufacturers. The region is expected to maintain its dominance over the forecast period as well due to increasing awareness among people regarding climate change and rising energy prices. Asia Pacific is projected to be fastest-growing regional market from 2018 to 2030 on account of rapid industrialization, growing population, improving standard of living, and increasing disposable income in emerging countries such as China & India. Moreover, government initiatives encouraging investments for setting up new industries are anticipated to drive demand for cooling systems in commercial sectors over the next eight years. For instance, In India ‘Make in India’ initiative has been adopted by Government of India which encourages manufacturing activities within country instead than outsourcing them overseas thus driving investment towards establishment or expansion of existing industries requiring cooling solutions such as food & beverage industry; pharmaceuticals; electronics; etc.
Growth Factors:
- Increasing demand for energy-efficient and portable air conditioning systems from commercial and residential sectors
- Rising awareness about the benefits of using portable air conditioning systems over traditional cooling methods
- Technological advancements in design and functionality of portable air conditioning systems
- Growing demand for climate-controlled spaces in both commercial and residential sectors
- Rising disposable income levels of consumers, which is enabling them to invest in premium quality portable air conditioning systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Air Conditioning System Market Research Report
By Type
Portable Air Conditioner For Small Room, Portable Air Conditioner For Medium Room, Portable Air Conditioner For Large Room
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, NewAir, 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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Portable Air Conditioning System Market Report Segments:
The global Portable Air Conditioning System market is segmented on the basis of:
Types
Portable Air Conditioner For Small Room, Portable Air Conditioner For Medium Room, Portable Air Conditioner For Large Room
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
- NewAir
- Whynter
- Gree
- Panasonic
- Aux
- Chigo
Highlights of The Portable Air Conditioning System 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:
- Portable Air Conditioner For Small Room
- Portable Air Conditioner For Medium Room
- Portable Air Conditioner For Large Room
- 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 Air Conditioning System 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?
A portable air conditioning system is a device that can be used to cool down an area. It is often small and lightweight, making it easy to transport.
Some of the major companies in the portable air conditioning system market are DeLonghi, Airart, Electrolux, OlimpiaSplendid, Midea, LG, Haier, Suntec, Carrier, Whirlpool, NewAir, Whynter, Gree, Panasonic, Aux, Chigo.
The portable air conditioning system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Portable Air Conditioning System 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 Air Conditioning System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Portable Air Conditioning System 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 Air Conditioning System 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 Air Conditioning System Market Size & Forecast, 2020-2028
4.5.1 Portable Air Conditioning System Market Size and Y-o-Y Growth
4.5.2 Portable Air Conditioning System 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 Portable Air Conditioner For Small Room
5.2.2 Portable Air Conditioner For Medium Room
5.2.3 Portable Air Conditioner For Large Room
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 Air Conditioning System 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 Air Conditioning System 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 Portable Air Conditioner For Small Room
9.6.2 Portable Air Conditioner For Medium Room
9.6.3 Portable Air Conditioner For Large Room
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 Portable Air Conditioner For Small Room
10.6.2 Portable Air Conditioner For Medium Room
10.6.3 Portable Air Conditioner For Large Room
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 Portable Air Conditioner For Small Room
11.6.2 Portable Air Conditioner For Medium Room
11.6.3 Portable Air Conditioner For Large Room
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 Portable Air Conditioner For Small Room
12.6.2 Portable Air Conditioner For Medium Room
12.6.3 Portable Air Conditioner For Large Room
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 Portable Air Conditioner For Small Room
13.6.2 Portable Air Conditioner For Medium Room
13.6.3 Portable Air Conditioner For Large Room
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 Air Conditioning System Market: Competitive Dashboard
14.2 Global Portable Air Conditioning System 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 NewAir
14.3.12 Whynter
14.3.13 Gree
14.3.14 Panasonic
14.3.15 Aux
14.3.16 Chigo
