The Europe Portable HVAC Equipment Market would witness market growth of 4.8% CAGR during the forecast period (2022-2028).
Software, sensors, and connectivity are built into new HVAC technologies that employ an Internet of Things (IoT) system, allowing the HVAC equipment to exchange data with several other connected devices. IoT solutions enhance preventative maintenance by collecting information on equipment status and air quality.
Gaining insight into a variety of equipment is made substantially simpler by new, reasonably priced IoT HVAC technologies. The rising use of cloud computing has benefited several business sectors by enabling cutting-edge AI capabilities for a range of applications, including HVAC. The most sophisticated use of cloud computing and IoT is the digital twin, which is a real-time-based system simulation model.
The model employs real-time operational data gathered from the HVAC system to conduct a simulation to decrease operational costs, provides information on the optimum checklist for HVAC equipment, and performs remote diagnostics. In addition, by using machine learning to automate procedures, digital twins can aid in the construction of smarter buildings.
The amendment of the Energy Performance of Buildings Directive (EPBD) in Europe aims to further improve building energy efficiency. The rule recognizes that effective control of technical building systems, including ventilation, lighting, sanitary hot water, and space heating, is a critical element of overall system efficacy and provides a large and manageable potential for energy savings. The amended directive addresses this deficiency by including a variety of policy measures that concentrate on better monitoring and control of building energy systems. The adoption of these measures is required by Europe's high environmental goals, which call for the achievement of the zero emissions target. The emergence and development of the portable HVAC equipment market in the region have now been given wonderful prospects as a result.
The Germany market dominated the Europe Portable HVAC Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $302.2 Million by 2028.The UK market is anticipated to grow at a CAGR of 3.9% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 5.6% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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.
Software, sensors, and connectivity are built into new HVAC technologies that employ an Internet of Things (IoT) system, allowing the HVAC equipment to exchange data with several other connected devices. IoT solutions enhance preventative maintenance by collecting information on equipment status and air quality.
Gaining insight into a variety of equipment is made substantially simpler by new, reasonably priced IoT HVAC technologies. The rising use of cloud computing has benefited several business sectors by enabling cutting-edge AI capabilities for a range of applications, including HVAC. The most sophisticated use of cloud computing and IoT is the digital twin, which is a real-time-based system simulation model.
The model employs real-time operational data gathered from the HVAC system to conduct a simulation to decrease operational costs, provides information on the optimum checklist for HVAC equipment, and performs remote diagnostics. In addition, by using machine learning to automate procedures, digital twins can aid in the construction of smarter buildings.
The amendment of the Energy Performance of Buildings Directive (EPBD) in Europe aims to further improve building energy efficiency. The rule recognizes that effective control of technical building systems, including ventilation, lighting, sanitary hot water, and space heating, is a critical element of overall system efficacy and provides a large and manageable potential for energy savings. The amended directive addresses this deficiency by including a variety of policy measures that concentrate on better monitoring and control of building energy systems. The adoption of these measures is required by Europe's high environmental goals, which call for the achievement of the zero emissions target. The emergence and development of the portable HVAC equipment market in the region have now been given wonderful prospects as a result.
The Germany market dominated the Europe Portable HVAC Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $302.2 Million by 2028.The UK market is anticipated to grow at a CAGR of 3.9% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 5.6% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Portable HVAC Equipment Market, by Product Type
1.4.2 Europe Portable HVAC Equipment Market, by End User
1.4.3 Europe Portable HVAC Equipment Market, by Distribution Channel
1.4.4 Europe 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. Europe Portable HVAC Equipment Market by Product Type
4.1 Europe Portable Fans Market by Country
4.2 Europe Portable Air Conditioners Market by Country
4.3 Europe Portable Heaters Market by Country
Chapter 5. Europe Portable HVAC Equipment Market by End User
5.1 Europe Residential Market by Country
5.2 Europe Commercial Market by Country
Chapter 6. Europe Portable HVAC Equipment Market by Distribution Channel
6.1 Europe Hypermarkets / Supermarkets Market by Country
6.2 Europe Departmental Stores Market by Country
6.3 Europe Specialty Stores Market by Country
6.4 Europe Online Retail Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Portable HVAC Equipment Market by Country
7.1 Germany Portable HVAC Equipment Market
7.1.1 Germany Portable HVAC Equipment Market by Product Type
7.1.2 Germany Portable HVAC Equipment Market by End User
7.1.3 Germany Portable HVAC Equipment Market by Distribution Channel
7.2 UK Portable HVAC Equipment Market
7.2.1 UK Portable HVAC Equipment Market by Product Type
7.2.2 UK Portable HVAC Equipment Market by End User
7.2.3 UK Portable HVAC Equipment Market by Distribution Channel
7.3 France Portable HVAC Equipment Market
7.3.1 France Portable HVAC Equipment Market by Product Type
7.3.2 France Portable HVAC Equipment Market by End User
7.3.3 France Portable HVAC Equipment Market by Distribution Channel
7.4 Russia Portable HVAC Equipment Market
7.4.1 Russia Portable HVAC Equipment Market by Product Type
7.4.2 Russia Portable HVAC Equipment Market by End User
7.4.3 Russia Portable HVAC Equipment Market by Distribution Channel
7.5 Spain Portable HVAC Equipment Market
7.5.1 Spain Portable HVAC Equipment Market by Product Type
7.5.2 Spain Portable HVAC Equipment Market by End User
7.5.3 Spain Portable HVAC Equipment Market by Distribution Channel
7.6 Italy Portable HVAC Equipment Market
7.6.1 Italy Portable HVAC Equipment Market by Product Type
7.6.2 Italy Portable HVAC Equipment Market by End User
7.6.3 Italy Portable HVAC Equipment Market by Distribution Channel
7.7 Rest of Europe Portable HVAC Equipment Market
7.7.1 Rest of Europe Portable HVAC Equipment Market by Product Type
7.7.2 Rest of Europe Portable HVAC Equipment Market by End User
7.7.3 Rest of Europe 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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