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Worldwide Air Conditioners (AC) Industry to 2027 - Featuring Nortek, AB Electrolux and LG Electronics Among Others

·6-min read

Dublin, Dec. 29, 2021 (GLOBE NEWSWIRE) -- The "Global Air Conditioners (AC) Market Report and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

According to this latest report the global air conditioners (AC) market attained a value of about USD 131.08 billion in 2021. The market is further expected to grow at a CAGR of 6.8% during the forecast period of 2022-2027.

Air conditioners refer to a system that is used to cool down the temperature of an indoor environment by eradicating the existing heat and moisture. Most commonly, air conditioners are available in three types including window AC, central AC, and mini split AC depending upon the size of the room. In addition to their primary function as a coolant, many air conditioners nowadays are equipped with air filters that help in regulating the air quality by removing pollutants and other dust particles from the enclosed room.

The global market for air conditioners is being driven by the growing necessity of air conditioners in residential and commercial places owing to the rising temperatures due to global warming, making air conditioners a necessity rather than a luxury. With rising consumer awareness regarding energy efficient cooling systems which not only aid in cutting down electricity bills but are also environmentally sustainable and are equipped with air filters to enhance air quality, the accelerated demand for air conditioners is thus pushing the growth of the market.

The inflating disposable incomes, growing purchasing power, and the availability of different sizes and shapes of air conditioners in the market are factors playing a pivotal role in boosting the growth of the market. Besides, the easy availability of a variety of air conditioners from an extensive distribution channel which includes hypermarkets, e-commerce websites, and electronic stores are additional factors providing impetus to the market.

Key Topics Covered:

1 Preface

2 Report Coverage - Key Segmentation and Scope

3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players

4 Key Assumptions

5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends

6 Snapshot
6.1 Global
6.2 Regional

7 Industry Opportunities and Challenges

8 Global Air Conditioners (AC) Market Analysis
8.1 Key Industry Highlights
8.2 Global Air Conditioners (AC) Historical Market (2017-2021)
8.3 Global Air Conditioners (AC) Market Forecast (2022-2027)
8.4 Global Air Conditioners (AC) Market by Type
8.4.1 Window AC
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Central AC
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Mini Split AC
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Others
8.5 Global Air Conditioners (AC) Market by Size
8.5.1 Under 65K BHT
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 65-250K BHT
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 More than 250K BHT
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.6 Global Air Conditioners (AC) Market by End Use
8.6.1 Commercial
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Residential
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.7 Global Air Conditioners (AC) Market by Distribution Channel
8.7.1 Hypermarket
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Electronic Stores
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Online
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2017-2021)
8.7.3.3 Forecast Trend (2022-2027)
8.7.4 Others
8.8 Global Air Conditioners (AC) Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa

9 Regional Analysis

10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyer's Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price

11 Value Chain Analysis

12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Nortek
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 AB Electrolux
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 LG Electronics
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 DAIKIN INDUSTRIES, Ltd.,
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Fujitsu General Limited
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Johnson Controls
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others

13 Industry Events and Development

For more information about this report visit https://www.researchandmarkets.com/r/p16dn

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