June 2021 Report on Global Portable Air Conditioner Market Overview, Size, Share and Trends 2021-2026

(Heraldkeepers via Comtex)

Global Portable Air Conditioner Market is valued approximately USD 613.6 million in 2019 and is anticipated to grow with a healthy growth rate of more than 4.5 % over the forecast period 2020-2027. Portable air conditioner is a type of air conditioner which can be moved from one room to another room. They are light in weight which makes it easy to move; they require low consumption of power and are less noisy. They are preferred due to the convenience that they provide in urban areas.The major driver for Portable Air Conditioner Market is the rise in per capita income of people. For instance, according to World Bank data, average per capita income of the world has increased from $11,385.553 in 2018 to 11,433.216 in 2019. The other driver that is expected to boost the market growth is the innovative product launches by the companies and manufacturers. For instance, in 2018, Sony launched its new portable air conditioner "Reon Pocket", that can be worn on clothes, it releases cool air through a small rear panel. However, portable air conditioners have less lifespan and are not feasible to use in large halls, rooms, offices, or auditoriums which impedes the growth of the market over the forecast period of 2020-2027. Also, with the rise in adoption of smart home appliances and improvement in the standard of living, the adoption & demand for portable air conditioner is likely to increase.

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The regional analysis of global Portable Air Conditioner market has been evaluated for the main regions like Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the growing adoption of electronic devices in households, rising hot climate and government initiatives. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2020-2027. Factors such as rising disposable income, urbanization and improving manufacturing infrastructure would create lucrative growth prospects for the Portable Air Conditioner market across Asia-Pacific region.

Major market player included in this report are:
De’Longhi S.p.A
Electrolux AB
LG Electronics Inc.
Midea Group
Olimpia Splendid
Haier Group Corporation
Honeywell International Inc.
Carrier Corporation
The Whirlpool Corporation
NewAir

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Small Room
Medium Room
Large Room
By End-User:
Residential
Commercial
By Distribution Channel:
Supermarket & Hypermarket
Specialty Store
Department Store
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

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Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2017, 2018
Base year - 2019
Forecast period - 2020 to 2027

Target Audience of the Global Portable Air Conditioner Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Table of Contents

Chapter 1.Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Portable Air Conditioner Market, by Region, 2018-2027 (USD Million)
1.2.2. Portable Air Conditioner Market, by Type, 2018-2027 (USD Million)
1.2.3. Portable Air Conditioner Market, by End-User, 2018-2027 (USD Million)
1.2.4. Portable Air Conditioner Market, by Distribution Channel, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Portable Air Conditioner Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

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Chapter 3. Global Portable Air Conditioner Market Dynamics
3.1. Portable Air Conditioner Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.1.1. Rise in per capita income
3.1.1.2. Innovative product launches by the companies and manufacturers
3.1.2. Market Challenges
3.1.2.1. Portable air conditioners have less less lifespan
3.1.2.2. Not feasible for large halls
3.1.3. Market Opportunities
3.1.3.1. Rise in smart home appliances adoption
3.1.3.2. Improving standard of living
Chapter 4. Global Portable Air Conditioner Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

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Chapter 5. Global Portable Air Conditioner Market, by Type
5.1. Market Snapshot
5.2. Global Portable Air Conditioner Market by Type, Performance – Potential Analysis
5.3. Global Portable Air Conditioner Market Estimates & Forecasts by Type 2017-2027 (USD Million)
5.4. Portable Air Conditioner Market, Sub Segment Analysis
5.4.1. Small Room
5.4.2. Medium Room
5.4.3. Large Room

….continued

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