The Latin America, Middle East and Africa Portable HVAC Equipment Market would witness market growth of 6.5% CAGR during the forecast period (2022-2028).
The requirement for portable HVAC equipment is also being fueled by the need for affordable housing for those who frequently relocate for a variety of reasons. The easy installation, handling, and maintenance of portable HVAC equipment, as well as their practical use, have significantly fueled the expansion of portable equipment like the air conditioners industry worldwide.
The portable equipment is a lightweight, portable appliance that anyone, from young kids to senior citizens, can handle. Additionally, unlike traditional window or split air conditioners, portable air conditioners require little maintenance and feature built-in self-cleaning technology.
Due to ongoing technological developments, consumers are eager to spend money on next-generation portable HVAC equipment that is convenient and multifunctional. Leading market competitors are introducing portable HVAC equipment with sophisticated settings like quieter, sleep-mode operation as nowadays consumers prefer to purchase less loud equipment. In addition, consumers are becoming increasingly enamored with lightweight, portable fans, dehumidifiers, and air conditioners.
The Middle East is another place where a comparable situation is present. In addition to its harsh climate, the region has made significant investments in the creation of some extraordinary projects. For example, the King Abdullah Financial District and the enlargement of Mecca's grand mosque worth more than ten billion dollars are just a few of the projects included in Saudi Arabia's infrastructure investment. All these factors, along with the growing demand for user-friendly remote control systems by industrial, residential, and commercial end users, propel the growth of portable HVAC equipment in this region.
The Brazil market dominated the LAMEA Portable HVAC Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $110.2 Million by 2028.The Argentina market is experiencing a CAGR of 7.1% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 6.2% during (2022 - 2028).
Based on Product Type, the market is segmented into Portable Fans, Portable Air Conditioners and Portable Heaters. Based on End User, the market is segmented into Residential and Commercial. Based on Distribution Channel, the market is segmented into Hypermarkets / Supermarkets, Departmental Stores, Specialty Stores, Online Retail and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LG Electronics (LG Corporation), Panasonic Holdings Corporation, Carrier Global Corporation, Daikin Industries, Ltd., Emerson Electric Co., Hitachi, Ltd., AB Electrolux (Electrolux), Blue Star Limited, Haier Smart Home Co., Ltd. (Haier Group Corporation), and Dyson Limited.
The requirement for portable HVAC equipment is also being fueled by the need for affordable housing for those who frequently relocate for a variety of reasons. The easy installation, handling, and maintenance of portable HVAC equipment, as well as their practical use, have significantly fueled the expansion of portable equipment like the air conditioners industry worldwide.
The portable equipment is a lightweight, portable appliance that anyone, from young kids to senior citizens, can handle. Additionally, unlike traditional window or split air conditioners, portable air conditioners require little maintenance and feature built-in self-cleaning technology.
Due to ongoing technological developments, consumers are eager to spend money on next-generation portable HVAC equipment that is convenient and multifunctional. Leading market competitors are introducing portable HVAC equipment with sophisticated settings like quieter, sleep-mode operation as nowadays consumers prefer to purchase less loud equipment. In addition, consumers are becoming increasingly enamored with lightweight, portable fans, dehumidifiers, and air conditioners.
The Middle East is another place where a comparable situation is present. In addition to its harsh climate, the region has made significant investments in the creation of some extraordinary projects. For example, the King Abdullah Financial District and the enlargement of Mecca's grand mosque worth more than ten billion dollars are just a few of the projects included in Saudi Arabia's infrastructure investment. All these factors, along with the growing demand for user-friendly remote control systems by industrial, residential, and commercial end users, propel the growth of portable HVAC equipment in this region.
The Brazil market dominated the LAMEA Portable HVAC Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $110.2 Million by 2028.The Argentina market is experiencing a CAGR of 7.1% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 6.2% during (2022 - 2028).
Based on Product Type, the market is segmented into Portable Fans, Portable Air Conditioners and Portable Heaters. Based on End User, the market is segmented into Residential and Commercial. Based on Distribution Channel, the market is segmented into Hypermarkets / Supermarkets, Departmental Stores, Specialty Stores, Online Retail and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LG Electronics (LG Corporation), Panasonic Holdings Corporation, Carrier Global Corporation, Daikin Industries, Ltd., Emerson Electric Co., Hitachi, Ltd., AB Electrolux (Electrolux), Blue Star Limited, Haier Smart Home Co., Ltd. (Haier Group Corporation), and Dyson Limited.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Portable Fans
- Portable Air Conditioners
- Portable Heaters
By End User
- Residential
- Commercial
By Distribution Channel
- Hypermarkets / Supermarkets
- Departmental Stores
- Specialty Stores
- Online Retail
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- LG Electronics (LG Corporation)
- Panasonic Holdings Corporation
- Carrier Global Corporation
- Daikin Industries, Ltd
- Emerson Electric Co
- Hitachi, Ltd
- AB Electrolux (Electrolux)
- Blue Star Limited
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
- Dyson Limited
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Portable HVAC Equipment Market, by Product Type
1.4.2 LAMEA Portable HVAC Equipment Market, by End User
1.4.3 LAMEA Portable HVAC Equipment Market, by Distribution Channel
1.4.4 LAMEA Portable HVAC Equipment Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Portable HVAC Equipment Market
Chapter 4. LAMEA Portable HVAC Equipment Market by Product Type
4.1 LAMEA Portable Fans Market by Country
4.2 LAMEA Portable Air Conditioners Market by Country
4.3 LAMEA Portable Heaters Market by Country
Chapter 5. LAMEA Portable HVAC Equipment Market by End User
5.1 LAMEA Residential Market by Country
5.2 LAMEA Commercial Market by Country
Chapter 6. LAMEA Portable HVAC Equipment Market by Distribution Channel
6.1 LAMEA Hypermarkets / Supermarkets Market by Country
6.2 LAMEA Departmental Stores Market by Country
6.3 LAMEA Specialty Stores Market by Country
6.4 LAMEA Online Retail Market by Country
6.5 LAMEA Others Market by Country
Chapter 7. LAMEA Portable HVAC Equipment Market by Country
7.1 Brazil Portable HVAC Equipment Market
7.1.1 Brazil Portable HVAC Equipment Market by Product Type
7.1.2 Brazil Portable HVAC Equipment Market by End User
7.1.3 Brazil Portable HVAC Equipment Market by Distribution Channel
7.2 Argentina Portable HVAC Equipment Market
7.2.1 Argentina Portable HVAC Equipment Market by Product Type
7.2.2 Argentina Portable HVAC Equipment Market by End User
7.2.3 Argentina Portable HVAC Equipment Market by Distribution Channel
7.3 UAE Portable HVAC Equipment Market
7.3.1 UAE Portable HVAC Equipment Market by Product Type
7.3.2 UAE Portable HVAC Equipment Market by End User
7.3.3 UAE Portable HVAC Equipment Market by Distribution Channel
7.4 Saudi Arabia Portable HVAC Equipment Market
7.4.1 Saudi Arabia Portable HVAC Equipment Market by Product Type
7.4.2 Saudi Arabia Portable HVAC Equipment Market by End User
7.4.3 Saudi Arabia Portable HVAC Equipment Market by Distribution Channel
7.5 South Africa Portable HVAC Equipment Market
7.5.1 South Africa Portable HVAC Equipment Market by Product Type
7.5.2 South Africa Portable HVAC Equipment Market by End User
7.5.3 South Africa Portable HVAC Equipment Market by Distribution Channel
7.6 Nigeria Portable HVAC Equipment Market
7.6.1 Nigeria Portable HVAC Equipment Market by Product Type
7.6.2 Nigeria Portable HVAC Equipment Market by End User
7.6.3 Nigeria Portable HVAC Equipment Market by Distribution Channel
7.7 Rest of LAMEA Portable HVAC Equipment Market
7.7.1 Rest of LAMEA Portable HVAC Equipment Market by Product Type
7.7.2 Rest of LAMEA Portable HVAC Equipment Market by End User
7.7.3 Rest of LAMEA Portable HVAC Equipment Market by Distribution Channel
Chapter 8. Company Profiles
8.1 LG Electronics (LG Corporation)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 Panasonic Holdings Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Carrier Global Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.4 Daikin Industries, Ltd.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.5 Emerson Electric Co.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.6 Hitachi, Ltd.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.7 AB Electrolux (Electrolux)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent Strategies and Developments
8.7.5.1 Acquisitions and Mergers:
8.8 Blue Star Limited
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.9 Haier Smart Home Co., Ltd. (Haier Group Corporation)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.10. Dyson Limited
8.10.1 Company Overview
Companies Mentioned
- LG Electronics (LG Corporation)
- Panasonic Holdings Corporation
- Carrier Global Corporation
- Daikin Industries, Ltd.
- Emerson Electric Co.
- Hitachi, Ltd.
- AB Electrolux (Electrolux)
- Blue Star Limited
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
- Dyson Limited
Methodology
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