+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Split Air Conditioner (AC) Market 2020-2024

  • PDF Icon

    Report

  • 152 Pages
  • January 2020
  • Region: Global
  • TechNavio
  • ID: 4994826
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

Global Split Air Conditioner (AC) 2020-2024

The publisher has been monitoring the global split air conditioner (ac) and it is poised to grow by USD 34.66 billion during 2020-2024, progressing at a CAGR of 6% during the forecast period. The report on the global split air conditioner (ac) provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing preference for split acs over traditional acs . In addition, emergence of smart split acs is anticipated to boost the growth of the global split air conditioner (ac) as well.

Market Segmentation

Global split air conditioner (ac) is segmented as below:

Product:
  • Ductless
  • VRF
  • Ducted

Geographic Segmentation:
  • APAC
  • Europe
  • MEA
  • North America
  • South America

Key Trends for the global split air conditioner (ac) growth

This study identifies emergence of smart split acs as the prime reasons driving the global split air conditioner (ac) growth during the next few years.

Prominent vendors in global split air conditioner (ac)

The publisher provides a detailed analysis of around 25 vendors operating in the global split air conditioner (ac) , including some of the vendors such as Daikin Industries Ltd., Fujitsu Ltd., Hitachi Ltd., Johnson Controls International Plc, LG Electronics Inc., Midea Group Co. Ltd., Mitsubishi Electric Corp., Panasonic Corp., Samsung Electronics Co. Ltd. and Zhuhai Gree Electric Appliance Co. Ltd. .

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Table of Contents

PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Value Chain Analysis
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2019
  • Market Outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT
  • Market segmentation by product
  • Comparison by product
  • Ductless - Market size and forecast 2019-2024
  • VRF - Market size and forecast 2019-2024
  • Ducted - Market size and forecast 2019-2024
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS
  • Increase in the use of R32 refrigerant in split ACs
  • Launches of split ACs
  • Emergence of smart split ACs

PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Daikin Industries Ltd.
  • Fujitsu Ltd.
  • Hitachi Ltd.
  • Johnson Controls International Plc
  • LG Electronics Inc.
  • Midea Group Co. Ltd.
  • Mitsubishi Electric Corp.
  • Panasonic Corp.
  • Samsung Electronics Co. Ltd.
  • Zhuhai Gree Electric Appliance Co. Ltd.

PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

List of Exhibits
Exhibit 01: Global household appliances market
Exhibit 02: Segments of global household appliances market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Vendors: Key offerings
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2019
Exhibit 08: Global market: Size and forecast 2019-2024 ($ billions)
Exhibit 09: Global market: Year-over-year growth 2020-2024 (%)
Exhibit 10: Five forces analysis 2019
Exhibit 11: Five forces analysis 2024
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2019
Exhibit 18: Product - Market share 2019-2024 (%)
Exhibit 19: Comparison by product
Exhibit 20: Ductless - Market size and forecast 2019-2024 ($ billions)
Exhibit 21: Ductless - Year-over-year growth 2020-2024 (%)
Exhibit 22: VRF - Market size and forecast 2019-2024 ($ billions)
Exhibit 23: VRF - Year-over-year growth 2020-2024 (%)
Exhibit 24: Ducted - Market size and forecast 2019-2024 ($ billions)
Exhibit 25: Ducted - Year-over-year growth 2020-2024 (%)
Exhibit 26: Market opportunity by product
Exhibit 27: Customer landscape
Exhibit 28: Market share by geography 2019-2024 (%)
Exhibit 29: Geographic comparison
Exhibit 30: APAC - Market size and forecast 2019-2024 ($ billions)
Exhibit 31: APAC - Year-over-year growth 2020-2024 (%)
Exhibit 32: Europe - Market size and forecast 2019-2024 ($ billions)
Exhibit 33: Europe - Year-over-year growth 2020-2024 (%)
Exhibit 34: North America - Market size and forecast 2019-2024 ($ billions)
Exhibit 35: North America - Year-over-year growth 2020-2024 (%)
Exhibit 36: MEA - Market size and forecast 2019-2024 ($ billions)
Exhibit 37: MEA - Year-over-year growth 2020-2024 (%)
Exhibit 38: South America - Market size and forecast 2019-2024 ($ billions)
Exhibit 39: South America - Year-over-year growth 2020-2024 (%)
Exhibit 40: Key leading countries
Exhibit 41: Market opportunity
Exhibit 42: Impact of drivers and challenges
Exhibit 43: Vendor landscape
Exhibit 44: Landscape disruption
Exhibit 45: Vendors covered
Exhibit 46: Vendor classification
Exhibit 47: Market positioning of vendors
Exhibit 48: Daikin Industries Ltd. - Vendor overview
Exhibit 49: Daikin Industries Ltd. - Business segments
Exhibit 50: Daikin Industries Ltd. - Organizational developments
Exhibit 51: Daikin Industries Ltd. - Geographic focus
Exhibit 52: Daikin Industries Ltd. - Segment focus
Exhibit 53: Daikin Industries Ltd. - Key offerings
Exhibit 54: Fujitsu Ltd. - Vendor overview
Exhibit 55: Fujitsu Ltd. - Business segments
Exhibit 56: Fujitsu Ltd. - Organizational developments
Exhibit 57: Fujitsu Ltd. - Geographic focus
Exhibit 58: Fujitsu Ltd. - Segment focus
Exhibit 59: Fujitsu Ltd. - Key offerings
Exhibit 60: Hitachi Ltd. - Vendor overview
Exhibit 61: Hitachi Ltd. - Business segments
Exhibit 62: Hitachi Ltd. - Organizational developments
Exhibit 63: Hitachi Ltd. - Geographic focus
Exhibit 64: Hitachi Ltd. - Segment focus
Exhibit 65: Hitachi Ltd. - Key offerings
Exhibit 66: Johnson Controls International Plc - Vendor overview
Exhibit 67: Johnson Controls International Plc - Business segments
Exhibit 68: Johnson Controls International Plc - Organizational developments
Exhibit 69: Johnson Controls International Plc - Geographic focus
Exhibit 70: Johnson Controls International Plc - Segment focus
Exhibit 71: Johnson Controls International Plc - Key offerings
Exhibit 72: LG Electronics Inc. - Vendor overview
Exhibit 73: LG Electronics Inc. - Business segments
Exhibit 74: LG Electronics Inc. - Organizational developments
Exhibit 75: LG Electronics Inc. - Geographic focus
Exhibit 76: LG Electronics Inc. - Segment focus
Exhibit 77: LG Electronics Inc. - Key offerings
Exhibit 78: Midea Group Co. Ltd. - Vendor overview
Exhibit 79: Midea Group Co. Ltd. - Business segments
Exhibit 80: Midea Group Co. Ltd. - Organizational developments
Exhibit 81: Midea Group Co. Ltd. - Geographic focus
Exhibit 82: Midea Group Co. Ltd. - Segment focus
Exhibit 83: Midea Group Co. Ltd. - Key offerings
Exhibit 84: Mitsubishi Electric Corp. - Vendor overview
Exhibit 85: Mitsubishi Electric Corp. - Business segments
Exhibit 86: Mitsubishi Electric Corp. - Organizational developments
Exhibit 87: Mitsubishi Electric Corp. - Geographic focus
Exhibit 88: Mitsubishi Electric Corp. - Segment focus
Exhibit 89: Mitsubishi Electric Corp. - Key offerings
Exhibit 90: Panasonic Corp. - Vendor overview
Exhibit 91: Panasonic Corp. - Business segments
Exhibit 92: Panasonic Corp. - Organizational developments
Exhibit 93: Panasonic Corp. - Geographic focus
Exhibit 94: Panasonic Corp. - Segment focus
Exhibit 95: Panasonic Corp. - Key offerings
Exhibit 96: Samsung Electronics Co. Ltd. - Vendor overview
Exhibit 97: Samsung Electronics Co. Ltd. - Business segments
Exhibit 98: Samsung Electronics Co. Ltd. - Organizational developments
Exhibit 99: Samsung Electronics Co. Ltd. - Geographic focus
Exhibit 100: Samsung Electronics Co. Ltd. - Segment focus
Exhibit 101: Samsung Electronics Co. Ltd. - Key offerings
Exhibit 102: Zhuhai Gree Electric Appliance Co. Ltd. - Vendor overview
Exhibit 103: Zhuhai Gree Electric Appliance Co. Ltd. - Product segments
Exhibit 104: Zhuhai Gree Electric Appliance Co. Ltd. - Organizational developments
Exhibit 105: Zhuhai Gree Electric Appliance Co. Ltd. - Geographic focus
Exhibit 106: Zhuhai Gree Electric Appliance Co. Ltd. - Segment focus
Exhibit 107: Zhuhai Gree Electric Appliance Co. Ltd. - Key offerings
Exhibit 108: Validation techniques employed for market sizing
Exhibit 109: Definition of market positioning of vendors

Executive Summary

The publisher recognizes the following companies as the key players in the global split air conditioner (ac) : Daikin Industries Ltd., Fujitsu Ltd., Hitachi Ltd., Johnson Controls International Plc, LG Electronics Inc., Midea Group Co. Ltd., Mitsubishi Electric Corp., Panasonic Corp., Samsung Electronics Co. Ltd. and Zhuhai Gree Electric Appliance Co. Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of smart split acs ."

According to the report, one of the major drivers for this market is the increasing preference for split acs over traditional acs .

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Daikin Industries Ltd.
  • Fujitsu Ltd.
  • Hitachi Ltd.
  • Johnson Controls International Plc
  • LG Electronics Inc.
  • Midea Group Co. Ltd.
  • Mitsubishi Electric Corp.
  • Panasonic Corp.
  • Samsung Electronics Co. Ltd.
  • Zhuhai Gree Electric Appliance Co. Ltd.