The North America Portable HVAC Equipment Market would witness market growth of 4.4% CAGR during the forecast period (2022-2028).
Smart and modernized home appliances need a wide-area distribution network in addition to advertising to raise consumer knowledge of the devices. In developing economies, there are an expanding number of large enterprises, which has made it easier to access white goods like portable heaters, fans, and air conditioners.
These establishments also contribute to an increase in the demand for household appliances. For a variety of consumer goods, supermarkets, hypermarkets, and specialized shops have shown to be excellent distribution platforms. During the forecast period, it is expected that the expanding industry in developing nations will aid in enhancing the demand for portable HVAC equipment.
The market is expanding as a result of the improvement in economic conditions. This is due to increased consumer spending on high-end household appliances as a result of rising per capita disposable income. In addition, the improvement in living standards is also forecast to increase spending power, making it possible for customers to purchase highly sophisticated and smartly designed household equipment.
The Canadian National Energy Code has recently been updated to include testing the airtightness of an entire structure. According to this rule, opaque building assemblies and fenestration must have lower maximum total thermal transmittance valves to improve the building envelope's thermal performance. The Canadian Commission on Building and Fire Codes CCBFC approved around 400 technical amendments for the 2020 editions of the National Model Codes. In order to comply with Canada's energy efficiency rules, these guidelines addressed boosting the implementation and performance standards for HVAC and service water heating equipment.
The US market dominated the North America Portable HVAC Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,087.4 Million by 2028.The Canada market is poised to grow at a CAGR of 6.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.8% 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 U.S., Mexico, Canada, and Rest of North America.
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.
Smart and modernized home appliances need a wide-area distribution network in addition to advertising to raise consumer knowledge of the devices. In developing economies, there are an expanding number of large enterprises, which has made it easier to access white goods like portable heaters, fans, and air conditioners.
These establishments also contribute to an increase in the demand for household appliances. For a variety of consumer goods, supermarkets, hypermarkets, and specialized shops have shown to be excellent distribution platforms. During the forecast period, it is expected that the expanding industry in developing nations will aid in enhancing the demand for portable HVAC equipment.
The market is expanding as a result of the improvement in economic conditions. This is due to increased consumer spending on high-end household appliances as a result of rising per capita disposable income. In addition, the improvement in living standards is also forecast to increase spending power, making it possible for customers to purchase highly sophisticated and smartly designed household equipment.
The Canadian National Energy Code has recently been updated to include testing the airtightness of an entire structure. According to this rule, opaque building assemblies and fenestration must have lower maximum total thermal transmittance valves to improve the building envelope's thermal performance. The Canadian Commission on Building and Fire Codes CCBFC approved around 400 technical amendments for the 2020 editions of the National Model Codes. In order to comply with Canada's energy efficiency rules, these guidelines addressed boosting the implementation and performance standards for HVAC and service water heating equipment.
The US market dominated the North America Portable HVAC Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,087.4 Million by 2028.The Canada market is poised to grow at a CAGR of 6.8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 5.8% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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 North America Portable HVAC Equipment Market, by Product Type
1.4.2 North America Portable HVAC Equipment Market, by End User
1.4.3 North America Portable HVAC Equipment Market, by Distribution Channel
1.4.4 North America 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. North America Portable HVAC Equipment Market by Product Type
4.1 North America Portable Fans Market by Country
4.2 North America Portable Air Conditioners Market by Country
4.3 North America Portable Heaters Market by Country
Chapter 5. North America Portable HVAC Equipment Market by End User
5.1 North America Residential Market by Country
5.2 North America Commercial Market by Country
Chapter 6. North America Portable HVAC Equipment Market by Distribution Channel
6.1 North America Hypermarkets / Supermarkets Market by Country
6.2 North America Departmental Stores Market by Country
6.3 North America Specialty Stores Market by Country
6.4 North America Online Retail Market by Country
6.5 North America Others Market by Country
Chapter 7. North America Portable HVAC Equipment Market by Country
7.1 US Portable HVAC Equipment Market
7.1.1 US Portable HVAC Equipment Market by Product Type
7.1.2 US Portable HVAC Equipment Market by End User
7.1.3 US Portable HVAC Equipment Market by Distribution Channel
7.2 Canada Portable HVAC Equipment Market
7.2.1 Canada Portable HVAC Equipment Market by Product Type
7.2.2 Canada Portable HVAC Equipment Market by End User
7.2.3 Canada Portable HVAC Equipment Market by Distribution Channel
7.3 Mexico Portable HVAC Equipment Market
7.3.1 Mexico Portable HVAC Equipment Market by Product Type
7.3.2 Mexico Portable HVAC Equipment Market by End User
7.3.3 Mexico Portable HVAC Equipment Market by Distribution Channel
7.4 Rest of North America Portable HVAC Equipment Market
7.4.1 Rest of North America Portable HVAC Equipment Market by Product Type
7.4.2 Rest of North America Portable HVAC Equipment Market by End User
7.4.3 Rest of North America 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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