The Bangladesh air conditioner market is anticipated to grow in the coming years on the account of rising urbanization and an increase in per capita income of people due to Vision 2021 and 2041. Moreover, acceptance of air conditioning systems as a utility product rather than a luxury product is also augmenting the growth of the market in the country. Further, an increase in the sales of power efficient range of air conditioning systems along with the rising adoption of superior technology is anticipated to proliferate the double-digit growth for the air conditioner market in the country. According to this research, the Bangladesh Air Conditioner Market revenue size is projected to grow at a CAGR of 12.6% during the forecast period 2020-26F. There is no doubt that the emergence of the COVID-19 pandemic has affected the majority of the market across the world. The Bangladesh air conditioner market has also suffered a downfall during this timeframe owing to the complete nationwide lockdown in the country to contain the spread of coronavirus which has interrupted the production and hindered demand for air conditioners. Also, a downfall in the hospitality sector along with low construction activities of hotels, restaurants, and guest houses has led to a decline in the demand for air conditioners in the country. Although, the air conditioner market is projected to grow at a healthy rate in the coming period as the economy resumes normalcy.
In Bangladesh, the centralized air conditioner segment has captured the majority of the market revenue share in 2019, and would also lead during the forecast period, where the VRF segment is expected to witness substantial growth over the forecast period. The central region currently holds the major revenue share in the overall Bangladesh air conditioner market on account of infrastructural developments and the relatively high disposable income of people in cities such as Dhaka. Moreover, the eastern region is expected to register significant growth over the coming years owing to the development of hotels and restaurants in Chittagong.
Bangladesh air conditioner market report comprehensively covers the Bangladesh air conditioner market by types, by applications and by regions. Bangladesh air conditioner market outlook report provides an unbiased and detailed analysis of the air conditioner market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights:
- Bangladesh Air Conditioner Market Overview
- Bangladesh Air Conditioner Market Outlook
- Bangladesh Air Conditioner Market Forecast
- Historical Data of Bangladesh Air Conditioner Market Revenues for the Period 2016-2019
- Market Size and Forecast of Bangladesh Air Conditioner Market Revenues until 2026
- Historical Data of Bangladesh Room Air Conditioner Market Revenues and Volume for the Period 2016-2019, By Types
- Market Size and Forecast of Bangladesh Room Air Conditioner Market Revenues and Volume until 2026, By Types
- Historical Data of Bangladesh Ducted Air Conditioner Market Revenues and Volume for the Period 2016-2019, By Types
- Market Size and Forecast of Bangladesh Ducted Air Conditioner Market Revenues and Volume until 2026, By Types
- Historical Data of Bangladesh Ductless Air Conditioner Market Revenues and Volume for the Period 2016-2019, By Types
- Market Size and Forecast of Bangladesh Ductless Air Conditioner Market Revenues and Volume until 2026, By Types
- Historical Data of Bangladesh Centralized Air Conditioner Market Revenues for the Period 2016-2019, By Components
- Market Size and Forecast of Bangladesh Centralized Air Conditioner Market Revenues until 2026, By Components
- Historical Data of Bangladesh Air Conditioner Market Revenues for the Period 2016-2019, By Applications
- Market Size and Forecast of Bangladesh Air Conditioner Market Revenues until 2026, By Applications
- Historical Data of Bangladesh Air Conditioner Market Revenues for the Period 2016-2019, By Regions
- Market Size and Forecast of Bangladesh Air Conditioner Market Revenues until 2026, By Regions
- Market Drivers and Restraints
- Bangladesh Air Conditioner Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Bangladesh Air Conditioner Market Opportunity Assessment
- Bangladesh Air Conditioner Market Revenue Share, By Company
- Bangladesh Air Conditioner Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Segmentation:
By Types:
- Room AC
- Window
- Split
- Ducted AC
- Ceiling Concealed
- Packaged
- Ductless AC
- Suspended
- Floor Standing
- Cassette
- Centralized AC
- VRF
- AHU/FCU
- Condensing Unit
- Chiller
- Others
By Verticals:
- Residential
- Commercial Buildings & Retail
- Transportation
- Hospitality
- Oil & Gas
- Others
By Regions:
- Northern
- Western
- Northern Eastern
- Central
- Southern
Table of Contents
1. Executive Summary
2. Introduction
2.1. Report Description
2.2. Key Highlights of the Report
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. Bangladesh Air Conditioner Market Overview
3.1. Bangladesh Air Conditioner Market Revenues (2016-2026F)
3.2. Bangladesh Air Conditioner Market - Industry Life Cycle
3.3. Bangladesh Air Conditioner Market - Porter’s Five Forces
3.4. Bangladesh Air Conditioner Market Revenue Share, By Types (2019 & 2026F)
3.5. Bangladesh Air Conditioner Market Revenue Share, By Applications (2019 & 2026F)
3.6. Bangladesh Air Conditioner Market Revenue Share, By Regions (2019 & 2026F)
4. Bangladesh Air Conditioner Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. Bangladesh Air Conditioner Market Trends
6. Bangladesh Room Air Conditioner Market Overview
6.1. Bangladesh Room Air Conditioner Market Revenues & Volume (2016-2026F)
6.2. Bangladesh Room Air Conditioner Market Revenue & Volume Share, By Types (2019 & 2026F)
6.2.1. Bangladesh Window Air Conditioner Market Revenues & Volume (2016-2026F)
6.2.2. Bangladesh Split Air Conditioner Market Revenues & Volume (2016-2026F)
7. Bangladesh Ducted Air Conditioner Market Overview
7.1. Bangladesh Ducted Air Conditioner Market Revenues & Volume (2016-2026F)
7.2. Bangladesh Ducted Air Conditioner Market Revenue & Volume Share, By Types (2019 & 2026F)
7.2.1. Bangladesh Ceiling Concealed Air Conditioner Market Revenues & Volume (2016-2026F)
7.2.2. Bangladesh Rooftop Packaged Air Conditioner Market Revenues & Volume (2016-2026F)
8. Bangladesh Ductless Air Conditioner Market Overview
8.1. Bangladesh Ductless Air Conditioner Market Revenues & Volume (2016-2026F)
8.2. Bangladesh Ductless Air Conditioner Market Revenue & Volume Share, By Types (2019 & 2026F)
8.2.1. Bangladesh Suspended Air Conditioner Market Revenues & Volume (2016-2026F)
8.2.2. Bangladesh Floor Standing Air Conditioner Market Revenues & Volume (2016-2026F)
8.2.3. Bangladesh Cassette Air Conditioner Market Revenues & Volume (2016-2026F)
9. Bangladesh Centralized Air Conditioner Market Overview
9.1. Bangladesh Centralized Air Conditioner Market Revenues (2016-2026F)
9.2. Bangladesh Centralized Air Conditioner Market Revenue Share, By Components (2019 & 2026F)
9.2.1. Bangladesh AHU/FCU Market Revenues (2016-2026F)
9.2.2. Bangladesh Chiller Market Revenues (2016-2026F)
9.2.3. Bangladesh VRF Market Revenues (2016-2026F)
9.2.4. Bangladesh Other Components Market Revenues (2016-2026F)
10. Bangladesh Air Conditioner Market Overview, By Applications
10.1. Bangladesh Air Conditioner Market Revenues, By Residential Application (2016-2026F)
10.2. Bangladesh Air Conditioner Market Revenues, By Healthcare Application (2016-2026F)
10.3. Bangladesh Air Conditioner Market Revenues, By Commercial Offices & Retail Application (2016-2026F)
10.4. Bangladesh Air Conditioner Market Revenues, By Transportation Application (2016-2026F)
10.5. Bangladesh Air Conditioner Market Revenues, By Hospitality Application (2016-2026F)
10.6. Bangladesh Air Conditioner Market Revenues, By Oil & Gas Application (2016-2026F)
10.7. Bangladesh Air Conditioner Market Revenues, By Other Applications (2016-2026F)
11. Bangladesh Air Conditioner Market Overview, By Regions
11.1. Bangladesh Air Conditioner Market Revenues, By Central Region (2016-2026F)
11.2. Bangladesh Air Conditioner Market Revenues, By Southern Region (2016-2026F)
11.3. Bangladesh Air Conditioner Market Revenues, By Western Region (2016-2026F)
11.4. Bangladesh Air Conditioner Market Revenues, By Eastern Region (2016-2026F)
12. Bangladesh Air Conditioner Market Key Performance Indicators
13. Bangladesh Air Conditioner Market Opportunity Assessment
13.1. Bangladesh Air Conditioner Market Opportunity Assessment, By Types (2026F)
13.2. Bangladesh Air Conditioner Market Opportunity Assessment, By Applications (2026F)
14. Bangladesh Air Conditioner Market - Competitive Landscape
14.1. Bangladesh Air Conditioner Market Competitive Benchmarking, By Technical Parameters
14.2. Bangladesh Air Conditioner Market Competitive Benchmarking, By Operating Parameters
14.3. Bangladesh Air Conditioner Market Revenue Share, By Company (2019)
15. Company Profiles
15.1. Carrier
15.2. Fujitsu General Ltd.
15.3. LG Electronics, Inc.
15.4. Gree Electric Appliances Inc.
15.5. Samsung Electronics Co., Ltd.
15.6. Panasonic Corporation
15.7. Hitachi, Ltd.
15.8. Rangs Electronics Ltd.
15.9. Walton Hi-Tech Industries Ltd
15.10. Singer Bangladesh Limited
15.11. Jamuna Group
15.12. MyOne Electronics Industries Ltd.
15.13. Daikin Industries, Ltd.
16. Key Strategic Recommendations
17. Disclaimer
List of Figures
Figure 1. Bangladesh Air Conditioner Market Revenues, 2016 - 2026F ($ Million)
Figure 2. Bangladesh Air Conditioner Market - Industry Life Cycle
Figure 3. Bangladesh Air Conditioner Market Revenue Share, By Types, 2019 & 2026F
Figure 4. Bangladesh Air Conditioner Market Revenue Share, By Applications, 2019 & 2026F
Figure 5. Bangladesh Air Conditioner Market Revenue Share, By Regions, 2019 & 2026F
Figure 6. Rise in Per Capita of Income of Bangladesh as per Vision-2041, 2018-2041F
Figure 7. Rise in Urban Population, 2019-2030F (in % Share of Total Population)
Figure 8. Bangladesh Room Air Conditioner Market Revenues & Volume, 2016 - 2026F ($ Million, Thousand Units)
Figure 9. Bangladesh Room Air Conditioner Market Revenue Share, By Types, 2019 & 2026F
Figure 10. Bangladesh Room Air Conditioner Market Volume Share, By Types, 2019 & 2026F
Figure 11. Bangladesh Ducted Air Conditioner Market Revenues & Volume, 2016 - 2026F ($ Million, Thousand Units)
Figure 12. Bangladesh Ducted Air Conditioner Market Revenue Share, By Types, 2019 & 2026F
Figure 13. Bangladesh Ducted Air Conditioner Market Volume Share, By Types, 2019 & 2026F
Figure 14. Bangladesh Ductless Air Conditioner Market Revenues & Volume, 2016 - 2026F ($ Million, Thousand Unis)
Figure 15. Bangladesh Ductless Air Conditioner Market Revenue Share, By Types, 2019 & 2026F
Figure 16. Bangladesh Ductless Air Conditioner Market Volume Share, By Types, 2019 & 2026F
Figure 17. Bangladesh Centralized Air Conditioner Market Revenues, 2016 - 2026F ($ Million)
Figure 18. Bangladesh Centralized Air Conditioner Market Revenue Share, By Components, 2019 & 2026F
Figure 19. Bangladesh Air Conditioner Market Opportunity Assessment, By Types, 2026F
Figure 20. Bangladesh Air Conditioner Market Opportunity Assessment, By Applications, 2026F
Figure 21. Bangladesh Air Conditioner Market Revenue Share, By Companies, 2019
List of Tables
Table 1. Bangladesh Room Air Conditioner Market Revenues, By Types, 2016 - 2026F ($ Million)
Table 2. Bangladesh Room Air Conditioner Market Volume, By Types, 2016 - 2026F (Thousand Units)
Table 3. Bangladesh Ducted Air Conditioner Market Revenues, By Types, 2016 - 2026F ($ Million)
Table 4. Bangladesh Ducted Air Conditioner Market Volume, By Types, 2016 - 2026F (Thousand Units)
Table 5. Bangladesh Ductless Air Conditioner Market Revenues, By Types, 2016 - 2026F ($ Million)
Table 6. Bangladesh Ductless Air Conditioner Market Volume, By Types, 2016 - 2026F (Thousand Units)
Table 7. Bangladesh Centralized Air Conditioner Market Revenues, By Components, 2016 - 2026F ($ Million)
Table 8. Bangladesh Air Conditioner Market Revenues, By Applications, 2016 - 2026F ($ Million)
Table 9. Bangladesh Air Conditioner Market Revenues, By Regions, 2016 - 2026F ($ Million)
Table 10. Bangladesh Upcoming Mega Commercial Projects
Table 11. Bangladesh Upcoming Commercial Projects
Table 12. Bangladesh Economic Contribution Of Travel And Tourism
Table 13. Major World Bank Projects In Bangladesh
Table 14. List of Ongoing Megaprojects Projects in Bangladesh
Samples
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Companies Mentioned
- Carrier
- Daikin Industries, Ltd.
- Fujitsu General Ltd.
- Gree Electric Appliances Inc.
- Hitachi, Ltd.
- Jamuna Group
- LG Electronics, Inc.
- MyOne Electronics Industries Ltd.
- Panasonic Corporation
- Rangs Electronics Ltd.
- Samsung Electronics Co., Ltd.
- Singer Bangladesh Limited
- Walton Hi-Tech Industries Ltd
