The Asia Pacific Portable HVAC Equipment Market would witness market growth of 5.4% CAGR during the forecast period (2022-2028).
The demand for cooling and heating equipment has increased as industrialization has grown, especially in sectors like mining and electricity generation. Numerous commercial organizations and companies have been compelled to install HVAC equipment in their working spaces due to rising energy costs and tight rules that consider environmental standards.
Additionally, the increased need for user-friendly remote access control systems has significantly increased end-user investments in HVAC systems from the commercial, industrial, and residential sectors. The development of sophisticated portable HVAC equipment with a variety of sensors is the result of the expansion in investments.
Compact and lightweight, portable air conditioners that may be simply put in a smaller accessible room area than a regular air conditioner requirement is becoming increasingly popular because of the increasing trend of minimal spaces. In addition, the idea of minimal living spaces is an architectural and social movement that encourages lowering the rate of energy consumption and the amount of equipment needed in the space.
In order to address the urgent needs of the growing middle-class population, it is projected that the need for housing among the growing urban population would enhance construction activity across the residential and commercial infrastructure. This has increased construction activity in nations like Japan, China, and India, which has caused the HVAC industry to grow as a result. Aside from that, the majority of the governments in this region have started projects and programs to promote the use of sophisticated energy-efficient components in new building structures. In the upcoming years, it is projected that this will increase demand for portable HVAC equipment in resorts and hotels. These elements are predicted to propel the growth of the regional portable HVAC equipment market.
The China market dominated the Asia Pacific Portable HVAC Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $362.1 Million by 2028.The Japan market is estimated to grow a CAGR of 4.8% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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 demand for cooling and heating equipment has increased as industrialization has grown, especially in sectors like mining and electricity generation. Numerous commercial organizations and companies have been compelled to install HVAC equipment in their working spaces due to rising energy costs and tight rules that consider environmental standards.
Additionally, the increased need for user-friendly remote access control systems has significantly increased end-user investments in HVAC systems from the commercial, industrial, and residential sectors. The development of sophisticated portable HVAC equipment with a variety of sensors is the result of the expansion in investments.
Compact and lightweight, portable air conditioners that may be simply put in a smaller accessible room area than a regular air conditioner requirement is becoming increasingly popular because of the increasing trend of minimal spaces. In addition, the idea of minimal living spaces is an architectural and social movement that encourages lowering the rate of energy consumption and the amount of equipment needed in the space.
In order to address the urgent needs of the growing middle-class population, it is projected that the need for housing among the growing urban population would enhance construction activity across the residential and commercial infrastructure. This has increased construction activity in nations like Japan, China, and India, which has caused the HVAC industry to grow as a result. Aside from that, the majority of the governments in this region have started projects and programs to promote the use of sophisticated energy-efficient components in new building structures. In the upcoming years, it is projected that this will increase demand for portable HVAC equipment in resorts and hotels. These elements are predicted to propel the growth of the regional portable HVAC equipment market.
The China market dominated the Asia Pacific Portable HVAC Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $362.1 Million by 2028.The Japan market is estimated to grow a CAGR of 4.8% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Asia Pacific Portable HVAC Equipment Market, by Product Type
1.4.2 Asia Pacific Portable HVAC Equipment Market, by End User
1.4.3 Asia Pacific Portable HVAC Equipment Market, by Distribution Channel
1.4.4 Asia Pacific 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. Asia Pacific Portable HVAC Equipment Market by Product Type
4.1 Asia Pacific Portable Fans Market by Country
4.2 Asia Pacific Portable Air Conditioners Market by Country
4.3 Asia Pacific Portable Heaters Market by Country
Chapter 5. Asia Pacific Portable HVAC Equipment Market by End User
5.1 Asia Pacific Residential Market by Country
5.2 Asia Pacific Commercial Market by Country
Chapter 6. Asia Pacific Portable HVAC Equipment Market by Distribution Channel
6.1 Asia Pacific Hypermarkets / Supermarkets Market by Country
6.2 Asia Pacific Departmental Stores Market by Country
6.3 Asia Pacific Specialty Stores Market by Country
6.4 Asia Pacific Online Retail Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Portable HVAC Equipment Market by Country
7.1 China Portable HVAC Equipment Market
7.1.1 China Portable HVAC Equipment Market by Product Type
7.1.2 China Portable HVAC Equipment Market by End User
7.1.3 China Portable HVAC Equipment Market by Distribution Channel
7.2 Japan Portable HVAC Equipment Market
7.2.1 Japan Portable HVAC Equipment Market by Product Type
7.2.2 Japan Portable HVAC Equipment Market by End User
7.2.3 Japan Portable HVAC Equipment Market by Distribution Channel
7.3 India Portable HVAC Equipment Market
7.3.1 India Portable HVAC Equipment Market by Product Type
7.3.2 India Portable HVAC Equipment Market by End User
7.3.3 India Portable HVAC Equipment Market by Distribution Channel
7.4 South Korea Portable HVAC Equipment Market
7.4.1 South Korea Portable HVAC Equipment Market by Product Type
7.4.2 South Korea Portable HVAC Equipment Market by End User
7.4.3 South Korea Portable HVAC Equipment Market by Distribution Channel
7.5 Singapore Portable HVAC Equipment Market
7.5.1 Singapore Portable HVAC Equipment Market by Product Type
7.5.2 Singapore Portable HVAC Equipment Market by End User
7.5.3 Singapore Portable HVAC Equipment Market by Distribution Channel
7.6 Malaysia Portable HVAC Equipment Market
7.6.1 Malaysia Portable HVAC Equipment Market by Product Type
7.6.2 Malaysia Portable HVAC Equipment Market by End User
7.6.3 Malaysia Portable HVAC Equipment Market by Distribution Channel
7.7 Rest of Asia Pacific Portable HVAC Equipment Market
7.7.1 Rest of Asia Pacific Portable HVAC Equipment Market by Product Type
7.7.2 Rest of Asia Pacific Portable HVAC Equipment Market by End User
7.7.3 Rest of Asia Pacific 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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