Market Research Report
Vietnam Air Conditioners Market By Product Type (Split Air Conditioners, VRF, Ductable Splits, Chillers, Air Sides, Window Air Conditioners and Others), By End Use Sector, Competition Forecast and Opportunities, 2011-2023
|Published by||TechSci Research||Product code||246639|
|Published||Content info||97 Pages
Delivery time: 1-2 business days
|Vietnam Air Conditioners Market By Product Type (Split Air Conditioners, VRF, Ductable Splits, Chillers, Air Sides, Window Air Conditioners and Others), By End Use Sector, Competition Forecast and Opportunities, 2011-2023|
|Published: November 30, 2018||Content info: 97 Pages||
Air conditioners have become an almost necessity for people in the wake of ever rising temperatures and the inhabitants of Vietnam are no exception to it. Though the penetration level of air conditioners is low in Vietnam but with changing market and economic dynamics, this rate is set to increase. The tag of a 'luxury product' from air conditioners in Vietnam is now extinct in the wake of ever declining prices of air conditioners. Moreover, the increasing commercialization of the economy with increased construction of office spaces and buildings has led to an increase in demand of the commercial segment of air conditioners from corporate houses.
According to "Vietnam Air Conditioner Market Forecast & Opportunities, 2017" the air conditioner market is poised for incessant growth over next five years. Vietnam air conditioner market is forecasted to grow at the compounded annual growth rate of 7.7% for the next five years. Increasing disposable incomes, rising temperatures, latest technological innovations are driving air conditioners sales in Vietnam. "Vietnam Air Conditioners Market Forecast & Opportunities, 2017" discusses the following aspects related to air conditioners market in Vietnam:
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with air conditioner manufacturers, distributors, dealers and consumers. Secondary research included an exhaustive search of relevant publications like newspapers, websites, company annual reports and proprietary databases.