Global Portable Air Conditioning System Market Research Report 2021

Portable air conditioners are a device to modify the condition of air (heating, cooling, but mainly cooling). Perfect for a variety of cooling situations, portable air conditioners are great alternatives to traditional air conditioning systems because they're compact, mobile, and require no permanent installation. Moreover, because they're usually used to cool only certain parts of a home or as a supplement to central air conditioners, they can be much more cost-effective to run. Portable air conditioners use refrigerants to reduce the temperature. During the cooling process, moisture is condensed out of the air and collected in a drain bucket or exhausted out through a drain hose or evaporated out the exhaust. The heating system uses PTC heating technology, fast heat transfer, high efficiency, and low power consumption.
The Europe and North America regions are the major consumer in the market, as its cooling capacity matches with the environmental conditions of these regions. The global leading players in this market are DeLonghi, JMATEK, and Electrolux, which accounts for 42.35% of total revenue in 2015.

The portable air conditioner is mainly used in factories & warehouses, equipment & server rooms, medical & hospitals, and residential care facilities & apartment communities. The application market share of residential care facilities & apartment communities is up to 76.09% .

Currently, a major challenge affecting the market growth is the power consumption by portable air conditioner, which is higher as compared to other electrical appliances. However, this is in turn increasing the demand and scope for energy-efficient models. Also, the carbon emission associated with usage of portable air conditioner is further deterring market growth and is expected to have significant impacts in the future, if not addressed properly. This is mainly because of increased focus on reducing greenhouse gas emission and signing of many relevant global treaties and agreements like the Kyoto protocol and Montreal protocol.

Some of the factors supporting growth of the portable air conditioner market worldwide include replacement need in developed regions, such as North America and Europe, growing awareness about energy-efficient and eco-friendly products, and increasing demand for technologically advanced portable air conditioning with sensible cooling. In addition, improvements in housing construction design and rise in number of building permits, particularly for commercial infrastructures, is aiding the growth of the portable air conditioner market. Increase in the total spending across different industry verticals is expected to support the acceptance of packaged air-conditioning systems and drive the demand in the coming few years.

Market Analysis and Insights: Global Portable Air Conditioning System Market
The global Portable Air Conditioning System market was valued at US$ 784.6 million in 2019 and it is expected to reach US$ 1266.5 million by the end of 2026, growing at a CAGR of 7.0% during 2021-2026.

Global Portable Air Conditioning System Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Portable Air Conditioning System Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Portable Air Conditioner For Small Room
Portable Air Conditioner For Medium Room
Portable Air Conditioner For Large Room

Segment by Application
Equipment & Server Rooms
Factories & Warehouses
Medical & Hospitals
Residential Care Facilities & Apartment Communities

By Company
DeLonghi
Airart
Electrolux
OlimpiaSplendid
Midea
LG
Haier
Suntec
Carrier
Whirlpool
NewAir
Whynter
Gree
Panasonic
Aux
Chigo

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Frequently Asked Questions