Market Overview:
The global solar air conditioning market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about energy conservation, growing demand for energy-efficient appliances, and increasing investments in renewable energy. The global solar air conditioning market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into split solar air conditioner, cassette solar air conditioner, window solar air conditioner and floor standing solar air conditioner. Split Solar Air Conditioners are further classified into two types: Inverter Split Solar Air Conditioners and Non-Inverter Split Solar Air Conditioners. On the basis of application, the market is segmented into residential building commercial building industrial building Others (government buildings & hospitals).
Product Definition:
Solar air conditioning is a process that uses the sun's energy to heat or cool air. The importance of solar air conditioning is that it can help reduce energy costs and greenhouse gas emissions.
Split Solar Air Conditioner:
Solar air conditioners are gaining popularity owing to their eco-friendly nature. These devices do not use any power from the grid and hence, they help in reducing carbon emissions to a great extent. The government of many countries is taking initiatives in order to reduce carbon emission and promote solar energy as an alternative for air conditioning.
Cassette Solar Air Conditioner:
Cassette solar air conditioners are small portable air conditioners that can be easily transported to any location. They are used in places where there is no power supply. These devices work on the principle of collecting and storing solar energy and using it to generate electricity for operating the appliances. The product is a boon in areas suffering from power shortages, as it helps meet local energy needs by providing an alternative source of electricity during peak hours when demand exceeds supply.
Application Insights:
The market is segmented by application into residential, commercial and industrial buildings. The residential sector accounted for the largest share in 2016 owing to increasing urbanization due to rising disposable income of people, especially in emerging economies such as China, India and Brazil. Moreover, government initiatives promoting solar air conditioning for homes are expected to drive demand over the forecast period. For instance in 2015 Germany launched a program called ¢â‚¬Å“Klimaschutz mit Solarenergie-Programm EFS ¢â‚¬ which provides subsidies up to USD 15000 per household for installing energy efficient products like solar air conditioner. This will increase the adoption of these systems in German speaking countries across Europe further driving growth during the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional segment over the forecast period. The region accounted for a share of more than 30% in 2016 and is anticipated to expand at a CAGR of XX% from 2017 to 2030 owing to increasing awareness about energy conservation and sustainable development, growing population, rapid urbanization, rising living standards coupled with government initiatives such as “Housing for All†program in India.
The Middle East & Africa market was valued at USD X billion in 2016.
Growth Factors:
- Increasing demand for solar air conditioning systems owing to the growing awareness about the benefits of using renewable energy sources.
- Favorable government policies and regulations supporting the adoption of solar air conditioning systems across various countries.
- Growing investments in research and development activities for developing innovative and efficient solar air conditioning systems.
- Rising concerns about climate change and its impact on human health, which is expected to boost the demand for solar air conditioning systems in the near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solar Air Conditioning Market Research Report
By Type
Split Solar Air Conditioner, Cassette Solar Air Conditioner, Window Solar Air Conditioner, Floor Standing Solar Air Conditioner
By Application
Residential Building, Commercial Building, Industrial Building
By Companies
Lennox, Aussie Solar World, ICESolair, Videocon, HotSpot Energy, Solair World International, Gree, Midea, 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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Solar Air Conditioning Market Report Segments:
The global Solar Air Conditioning market is segmented on the basis of:
Types
Split Solar Air Conditioner, Cassette Solar Air Conditioner, Window Solar Air Conditioner, Floor Standing Solar Air Conditioner
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
Residential Building, Commercial Building, Industrial Building
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:
- Lennox
- Aussie Solar World
- ICESolair
- Videocon
- HotSpot Energy
- Solair World International
- Gree
- Midea
- Haier
Highlights of The Solar 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:
- Split Solar Air Conditioner
- Cassette Solar Air Conditioner
- Window Solar Air Conditioner
- Floor Standing Solar Air Conditioner
- By Application:
- Residential Building
- Commercial Building
- Industrial Building
- 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 Solar 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?
Solar air conditioning is a system that uses the sun's energy to heat and cool air. It is most commonly used in hot climates, where it can reduce energy costs by using less electricity.
Some of the key players operating in the solar air conditioning market are Lennox, Aussie Solar World, ICESolair, Videocon, HotSpot Energy, Solair World International, Gree, Midea, Haier.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solar Air Conditioning 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. Solar Air Conditioning Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solar Air Conditioning Market - Supply Chain
4.5. Global Solar Air Conditioning Market Forecast
4.5.1. Solar Air Conditioning Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solar Air Conditioning Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solar Air Conditioning Market Absolute $ Opportunity
5. Global Solar Air Conditioning 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. Solar Air Conditioning Market Size and Volume Forecast by Type
5.3.1. Split Solar Air Conditioner
5.3.2. Cassette Solar Air Conditioner
5.3.3. Window Solar Air Conditioner
5.3.4. Floor Standing Solar Air Conditioner
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solar Air Conditioning 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. Solar Air Conditioning Market Size and Volume Forecast by Application
6.3.1. Residential Building
6.3.2. Commercial Building
6.3.3. Industrial Building
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solar Air Conditioning 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. Solar Air Conditioning 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 Solar Air Conditioning 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. Solar Air Conditioning 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 Solar Air Conditioning Demand Share Forecast, 2019-2026
9. North America Solar Air Conditioning 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 Solar Air Conditioning 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 Solar Air Conditioning Market Size and Volume Forecast by Application
9.4.1. Residential Building
9.4.2. Commercial Building
9.4.3. Industrial Building
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solar Air Conditioning Market Size and Volume Forecast by Type
9.7.1. Split Solar Air Conditioner
9.7.2. Cassette Solar Air Conditioner
9.7.3. Window Solar Air Conditioner
9.7.4. Floor Standing Solar Air Conditioner
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 Solar Air Conditioning Demand Share Forecast, 2019-2026
10. Latin America Solar Air Conditioning 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 Solar Air Conditioning 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 Solar Air Conditioning Market Size and Volume Forecast by Application
10.4.1. Residential Building
10.4.2. Commercial Building
10.4.3. Industrial Building
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solar Air Conditioning Market Size and Volume Forecast by Type
10.7.1. Split Solar Air Conditioner
10.7.2. Cassette Solar Air Conditioner
10.7.3. Window Solar Air Conditioner
10.7.4. Floor Standing Solar Air Conditioner
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 Solar Air Conditioning Demand Share Forecast, 2019-2026
11. Europe Solar Air Conditioning 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 Solar Air Conditioning 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 Solar Air Conditioning Market Size and Volume Forecast by Application
11.4.1. Residential Building
11.4.2. Commercial Building
11.4.3. Industrial Building
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solar Air Conditioning Market Size and Volume Forecast by Type
11.7.1. Split Solar Air Conditioner
11.7.2. Cassette Solar Air Conditioner
11.7.3. Window Solar Ai Conditioner
11.7.4. Floor Standing Solar Air Conditioner
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 Solar Air Conditioning Demand Share, 2019-2026
12. Asia Pacific Solar Air Conditioning 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 Solar Air Conditioning 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 Solar Air Conditioning Market Size and Volume Forecast by Application
12.4.1. Residential Building
12.4.2. Commercial Building
12.4.3. Industrial Building
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solar Air Conditioning Market Size and Volume Forecast by Type
12.7.1. Split Solar Air Conditioner
12.7.2. Cassette Solar Air Conditioner
12.7.3. Window Solar Air Conditioner
12.7.4. Floor Standing Solar Air Conditioner
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 Solar Air Conditioning Demand Share, 2019-2026
13. Middle East & Africa Solar Air Conditioning 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 Solar Air Conditioning 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 Solar Air Conditioning Market Size and Volume Forecast by Application
13.4.1. Residential Building
13.4.2. Commercial Building
13.4.3. Industrial Building
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solar Air Conditioning Market Size and Volume Forecast by Type
13.7.1. Split Solar Air Conditioner
13.7.2. Cassette Solar Air Conditioner
13.7.3. Window Solar Air Conditioner
13.7.4. Floor Standing Solar Air Conditioner
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 Solar Air Conditioning Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solar Air Conditioning Market: Market Share Analysis
14.2. Solar Air Conditioning Distributors and Customers
14.3. Solar Air Conditioning Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lennox
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aussie Solar World
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ICESolair
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Videocon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. HotSpot Energy
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Solair World International
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gree
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Midea
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Haier
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
