Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Solar Air Conditioning 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) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Solar Air Conditioning 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) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 158684 3300 Machinery & Equipment 377 235 Pages 4.9 (39)
                                          

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).


Global Solar Air Conditioning Industry Outlook


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:

  1. Lennox
  2. Aussie Solar World
  3. ICESolair
  4. Videocon
  5. HotSpot Energy
  6. Solair World International
  7. Gree
  8. Midea
  9. Haier

Global Solar Air Conditioning Market Overview


Highlights of The Solar Air Conditioning Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Split Solar Air Conditioner
    2. Cassette Solar Air Conditioner
    3. Window Solar Air Conditioner
    4. Floor Standing Solar Air Conditioner
  1. By Application:

    1. Residential Building
    2. Commercial Building
    3. Industrial Building
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global Solar Air Conditioning Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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