LONDON--(BUSINESS WIRE)--Technavio has been monitoring the hybrid air conditioner market and it is poised to grow by USD 5.09 billion during 2019-2023, progressing at a CAGR of over 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Harvest Eco Solutions Ltd., HotSpot Energy Inc., Lennox International Inc., Solair World International Pte Ltd, and Videocon Industries Ltd. are some of the major market participants. The benefits of hybrid ACs will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Benefits of hybrid ACs has been instrumental in driving the growth of the market.
Hybrid Air Conditioner Market 2019-2023: Segmentation
Hybrid air conditioner market is segmented as below:
-
Product
- Hybrid Solar Air Conditioner
- Solar Air Conditioner
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Hybrid Air Conditioner Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our hybrid air conditioner market report covers the following areas:
- Hybrid Air Conditioner Market Size
- Hybrid Air Conditioner Market Trends
- Hybrid Air Conditioner Market Industry Analysis
This study identifies introduction of smart hybrid air conditioners as one of the prime reasons driving the hybrid air conditioner market growth during the next few years.
Hybrid Air Conditioner Market 2019-2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the hybrid air conditioner market, including some of the vendors such as Harvest Eco Solutions Ltd., HotSpot Energy Inc., Lennox International Inc., Solair World International Pte Ltd, and Videocon Industries Ltd. Backed with competitive intelligence and benchmarking, our research reports on the hybrid air conditioner market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Hybrid Air Conditioner Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist hybrid air conditioner market growth during the next five years
- Estimation of the hybrid air conditioner market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the hybrid air conditioner market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hybrid air conditioner market vendors
Table Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Hybrid solar air conditioner - Market size and forecast 2018-2023
- Solar air conditioner - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Increased adoption of omnichannel distribution and multi-channel marketing
- Introduction of user-friendly, convenient, and multifunctional products
- Introduction of smart hybrid air conditioners
- Other trends
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Harvest Eco Solutions Ltd.
- HotSpot Energy Inc.
- Lennox International Inc.
- Solair World International Pte Ltd.
- Videocon Industries Ltd.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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