Portable AC Market (Updated Version Available)

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 theyre compact, mobile, and require no permanent installation. Moreover, because theyre 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 is 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, Airart and Electrolux, which accounts for 30.08% of total revenue in 2014. In China the market leaders are Midea, Haier and Gree.

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 74.79% and it is forecasted that share will up to 76% in 2020 with personal incomes and consumer spending rise.
The Portable AC market was valued at 440 Million US$ in 2020 and is projected to reach 450 Million US$ by 2026, at a CAGR of 0.2% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Portable AC.

This report covers the present status and the future prospects of the global Portable AC market for 2015-2026.
The report offers detailed coverage of Portable AC industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Portable AC by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
DeLonghi, Airart, Electrolux, OlimpiaSplendid, Midea, LG, Haier, Suntec, Carrier, Whirlpool, NewAir, Whynter, Gree, Panasonic, Aux, Chigo

Market Segment as follows:
Market by Order Type

6,000 BTU Portable Air Conditioner
8,000 BTU Portable Air Conditioner
10,000 BTU Portable Air Conditioner
14,000 BTU Portable Air Conditioner
Others
Portable AC Breakdown Data by Application
Equipment & Server Rooms
Factories & Warehouses
Medical & Hospitals
Residential Care Facilities & Apartment Communities

Portable AC market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Portable AC market for the forecast period 2021 - 2026?
• What are the driving forces in the Portable AC market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Portable AC industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.