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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1424348
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1424348
Vertical Air Conditioning Market, By Type (Window Air Conditioners, Split Air Conditioners, Portable Air Conditioners, Wall Mounted Air Conditioners, Centralised/Ducted Air Conditioning System, Others ), By Application, By End-Users, By Geography
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PAGES: 160 Pages
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The Global Vertical Air Conditioning Market size is estimated at US$ 24.65 Billion in 2023 and is expected to reach US$ 36.58 Billion by 2030, grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023/2024: | US$ 24.65 Bn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023/2024 to 2030/2031 CAGR: | 5.80% | 2030/2031 Value Projection: | US$ 36.58 Bn |
Figure 1. Global Vertical Air Conditioning Market Share (%), by Region, 2023
A form of cooling system built for installation in high-rise buildings and other tall structures is referred to as vertical air conditioning. It is distinguished by effective and compact devices that give temperature control and comfort to several stories, effectively utilizing vertical space. Air conditioning systems are ubiquitous, with applications ranging from homes, shopping centers, and commercial spaces to entertainment centers. In developing nations, AC is still a sought-after product; however, the affordability of environmentally optimized products is still a huge challenge.
Market Dynamics:
The global Vertical Air Conditioning Market is influenced by a confluence of several dynamics. On the demand side, factors such as escalating global temperatures, heightened construction activities driven by urbanization, and technological advancements are propelling the market forward. The growing middle class in emerging economies, with increasing disposable income, represents a substantial customer base for vertical air conditioners. However, the market also confronts challenges and restraints, like the substantial upfront and maintenance costs associated with vertical air conditioners and environmental apprehensions over refrigerant usage, which have led to more rigorous regulations.
The development of energy-efficient and smart air conditioning units, coupled with the need to replace obsolete systems, presents lucrative opportunities for market expansion. Nevertheless, the market is contending with the challenges posed by an intensely competitive landscape and approaching saturation in developed economies. Product innovation and efficient supply chain management are critical to navigating these complexities and tapping into potential growth. As market dynamics continue to evolve, it is crucial for industry participants to adapt and strategize accordingly to maintain and enhance their market positions.
Key features of the study:
- This report provides in-depth analysis of the global vertical air conditioning market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global vertical air conditioning market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Daikin Industries, Ltd., Carrier Global Corporation, Johnson Controls International plc, Trane Technologies plc, Mitsubishi Electric Corporation, LG Electronics Inc., Fujitsu General Limited, Haier Group Corporation, Toshiba Carrier Corporation, Samsung Electronics Co., Ltd., Panasonic Corporation, Midea Group Co., Ltd., Gree Electric Appliances Inc. of Zhuhai, Hitachi, Ltd., Rheem Manufacturing Company.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global vertical air conditioning market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global vertical air conditioning market.
Vertical Air Conditioning Market Detailed Segmentation:
- By Type:
- Window Air Conditioners
- Split Air Conditioners
- Portable Air Conditioners
- Wall Mounted Air Conditioners
- Centralised/Ducted Air Conditioning System
- Others
- By Application:
- Residential
- Commercial
- Industrial
- By End Users:
- New Constructions
- Retrofit and Renovation
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Top Companies:
- Daikin Industries, Ltd.
- Carrier Global Corporation
- Johnson Controls International plc
- Trane Technologies plc
- Mitsubishi Electric Corporation
- LG Electronics Inc.
- Fujitsu General Limited
- Haier Group Corporation
- Toshiba Carrier Corporation
- Samsung Electronics Co., Ltd.
- Panasonic Corporation
- Midea Group Co., Ltd.
- Gree Electric Appliances Inc. of Zhuhai
- Hitachi, Ltd.
- Rheem Manufacturing Company
Product Code: CMI6105
Table of Contents:
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market snippet, By Type
- Market snippet, By Application
- Market snippet, By End Users
- Market snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Urbanization and High-Rise Buildings
- Energy Efficiency and Sustainability
- Smart Building Technologies
- Advancements in HVAC Technology
- Restraints
- Initial Installation Costs
- Lack of Awareness and Education
- Compatibility with Existing Infrastructure
- Opportunities
- Green and Sustainable Solutions
- Smart and Connected Solutions
- Energy Efficiency Upgrades
- Commercial and Industrial Applications
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Vertical Air Conditioning Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Vertical Air Conditioning Market, By Type, 2018-2030, (US$ Billion)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Window Air Conditioners
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Split Air Conditioners
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Portable Air Conditioners
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Wall Mounted Air Conditioners
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Centralised/Ducted Air Conditioning System
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
6. Global Vertical Air Conditioning Market, By Application, 2018-2030, (US$ Billion)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Residential
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
7. Global Vertical Air Conditioning Market, By End Users, 2018-2030, (US$ Billion)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- New Constructions
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
- Retrofit and Renovation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Billion)
8. Global Vertical Air Conditioning Market, By Region, 2018-2030, (US$ Billion)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End Users, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Billion)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End Users, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Billion)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End Users, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Billion)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End Users, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Billion)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End Users, 2018-2030,(US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Billion)
9. Competitive Landscape
- Daikin Industries, Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Carrier Global Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Johnson Controls International plc
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Trane Technologies plc
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Mitsubishi Electric Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- LG Electronics Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Fujitsu General Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Haier Group Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Toshiba Carrier Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Samsung Electronics Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Panasonic Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Midea Group Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Gree Electric Appliances Inc. of Zhuhai
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hitachi, Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Rheem Manufacturing Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Analyst Views
10. Section
- Research Methodology
- About us
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