LONDON--(BUSINESS WIRE)--The portable air-conditioner market is expected to register a CAGR of almost 6% during 2020-2024, as per the latest research report by Technavio. The report offers detailed analysis about the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.
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Due to the extensive spread of the virus across the globe, the Consumer Discretionary Industry is anticipated to have Negative & Indirect impact. the portable air-conditioner market will showcase Negative impact during 2020-2024.
Portable Air-Conditioner Market 2020-2024: Segmentation
Portable Air-Conditioner Market is segmented as below:
-
End-User
- Residential
- Non-residential
-
Geography
- APAC
- Europe
- North America
- South America
- MEA
-
Distribution Channel
- Offline
- Online
APAC region will account for the highest incremental growth during the forecast period due to the growing housing needs of the population, increasing number of construction activities in both residential and commercial sectors, and the emerging tourism industry.
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The advent of smart portable air conditioners has been an instrumental factor in influencing the growth of portable air-conditioner market. Other market drivers include technological innovations and portfolio extension leading to product premiumization. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.
Key Considerations for Market Forecast
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- and post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
Get more insights about the global trends impacting the future of portable air-conditioner market, get free sample at: https://www.technavio.com/talk-to-us?report=IRTNTR41575
Portable Air-Conditioner Market 2020-2024: Vendor Analysis
The market is fragmented. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. Major market participants include Daikin Industries Ltd., DeLonghi Group, Electrolux Group, Qingdao Haier Co. Ltd., Honeywell International Inc., LG Electronics Inc., Midea Group Co. Ltd., Olimpia Splendid Spa, United Technologies Corp., and Whirlpool Corp.
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TOC
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End user placement
- Residential - Market size and forecast 2019-2024
- Non-residential - Market size and forecast 2019-2024
- Market opportunity by End user
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel placement
- Offline - Market size and forecast 2019-2024
- Online - Market size and forecast 2019-2024
- Market opportunity by Distribution channel
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher-priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Daikin Industries Ltd.
- DeLonghi Group
- Electrolux Group
- Qingdao Haier Co. Ltd.
- Honeywell International Inc.
- LG Electronics, Inc.
- Midea Group Co. Ltd.
- Olimpia Splendid Spa
- United Technologies Corp.
- Whirlpool Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.