Global Inverter Technology Air Conditioner Market 2016-2020

  • ID: 3972185
  • Report
  • Region: Global
  • 76 pages
  • TechNavio
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FEATURED COMPANIES

  • Blue Star
  • Godrej Group
  • Hisense Group
  • Midea Group
  • Robert Bosch
  • Toshiba Carrier
  • MORE
About Inverter Technology Air Conditioner

Conventional air conditioner compressors can run at only one speed. Therefore, these compressors turn on and off at intervals to maintain the temperature inside an air conditioner. This results in high energy consumption. However, inverter technology air conditioner compressors can run at different speeds depending on the load required by the air conditioner. In inverter technology air conditioners, variable motor electronic speed drives modulate the power supplied to the motor as per load or set temperature (judged through additional circuitry), which further modulates the compressor's function. The flexible modulation thus achieved varies the speed of the compressor to provide the temperature that is required.

The analysts forecast the global inverter technology air conditioner market to grow at a CAGR of 12.76% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global inverter technology air conditioner market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of residential inverter technology air conditioners through different retail channels.

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- MEA

The report, Global Inverter Technology Air Conditioner Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Daikin Industries
- Haier
- Johnson Controls
- LG Electronics
- Mitsubishi Electric
- Panasonic
- Samsung
- Toshiba Carrier
- United Technologies

Other prominent vendors
- Blue Star
- Electrolux
- Godrej Group
- GREE ELECTRIC APPLIANCES
- Hisense Group
- Midea Group
- Robert Bosch
- Sharp
- Voltas (TATA)
- Whirlpool

Market drivers
- Consumer and government perspectives: Superior performance.
- For a full, detailed list, view the full report

Market challenges
- Lack of standardization for interface and core frequency control algorithm.
- For a full, detailed list, view the full report

Market trends
- Inclusion of value-added features to justify the high cost of inverter technology air conditioners.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Blue Star
  • Godrej Group
  • Hisense Group
  • Midea Group
  • Robert Bosch
  • Toshiba Carrier
  • MORE
Table of Content

Part 01: Executive summary
  • Highlights
Part 02: Scope of the report
  • Market overview
  • Base year
  • By retail distribution channel (revenue)
  • By geography
  • Definitions and descriptions
  • Key players
Part 03: Market research methodology
  • Research methodology
  • Economic indicators
Part 04: Introduction
  • Key market highlights
  • Mechanism of inverter technology air conditioners
  • Inverter technology used in different types of compressors
  • Top reasons that entice consumers to buy inverter technology air conditioners
Part 05: Market landscape
  • Market overview
  • Factors positively affecting the global inverter technology air conditioner market
  • Market size and forecast
Part 06: Five forces analysis

Part 07: Market segmentation by retail format
  • Global inverter technology air conditioner market by retail format
  • Analysis of different retail formats based on key parameters
Part 08: Geographical segmentation
  • Global inverter technology air conditioner market by geography
  • Inverter technology air conditioner market in APAC
  • Inverter technology air conditioner market in Europe
  • Inverter technology air conditioner market in the Americas
  • Inverter technology air conditioner market in MEA
Part 09: Market drivers
  • Consumer and government perspectives: Superior performance
  • Manufacturer and retailer perspective: Innovative inverter technology creating opportunity for new and upgrade purchases
  • Manufacturer and retailer perspective: Premium inverter technology air conditioners provide higher profit margins
Part 10: Impact of drivers

Part 11: Market challenges
  • Lack of standardization for interface and core frequency control algorithm
  • Low awareness of inverter technology and its benefits
  • High prices of raw materials
  • Preference for HVAC centralized systems in smaller air conditioner markets
Part 12: Impact of drivers and challenges

Part 13: Market trends
  • Inclusion of value-added features to justify the high cost of inverter technology air conditioners
  • Emphasis on green technology
  • Eco-friendly refrigerants and advancements in technology
Part 14: Vendor landscape
  • Competitive landscape
  • Competitive assessment of key vendors
  • Daikin Industries
  • Haier
  • Johnson Controls
  • LG Electronics
  • Mitsubishi Electric
  • Panasonic
  • Samsung
  • Toshiba Carrier
  • United Technologies
  • Other prominent vendors
Part 15: Appendix
  • List of abbreviations
Part 16: About the Author

List of Exhibits
Exhibit 01: Key players
Exhibit 02: Comparison of the usage of cooling load and compressor depending on seasonality
Exhibit 03: Inverter-fed variable frequency induction motor speed controlled drive
Exhibit 04: Global electricity usage by regular household appliances in 2015 (%)
Exhibit 05: Global inverter technology air conditioner market 2015-2020 ($ billions)
Exhibit 06: Five forces analysis
Exhibit 07: Global inverter technology air conditioner market by retail format 2015
Exhibit 08: Analysis of retail formats based on key parameters
Exhibit 09: Global inverter technology air conditioner market by geography 2015
Exhibit 10: CAGR by geographical segments 2016-2020
Exhibit 11: Inverter technology air conditioner market in APAC 2015-2020 ($ billions)
Exhibit 12: Economic indicators of key leading countries in APAC for the inverter technology air conditioner market 2015
Exhibit 13: Inverter technology air conditioner market in Europe 2015-2020 ($ billions)
Exhibit 14: Inverter technology air conditioner market in the Americas 2015-2020 ($ billions)
Exhibit 15: Inverter technology air conditioner market in MEA 2015-2020 ($ billions)
Exhibit 16: Means of regulation and consumption of energy
Exhibit 17: Comparison of on-off mechanism with inverter mechanism in terms temperature
Exhibit 18: Impact of drivers
Exhibit 19: Comparison of household appliances' penetration in Western Europe and North America 2015
Exhibit 20: Penetration of air conditioners across regions 2015
Exhibit 21: Impact of drivers and challenges
Exhibit 22: Daikin Industries: Business segmentation by revenue 2015
Exhibit 23: Daikin Industries: Product portfolio
Exhibit 24: Haier: Business segmentation by revenue 2015
Exhibit 25: Haier: Product portfolio
Exhibit 26: Johnson Controls: Business segmentation by revenue 2015
Exhibit 27: Johnson Controls: Product portfolio
Exhibit 28: LG Electronics: Business segmentation by revenue 2015
Exhibit 29: LG Electronics: Product portfolio
Exhibit 30: Mitsubishi Electric: Business segmentation by revenue 2015
Exhibit 31: Mitsubishi Electric: Product portfolio
Exhibit 32: Panasonic: Business segmentation by revenue 2016
Exhibit 33: Panasonic: Product portfolio
Exhibit 34: Samsung: Business segmentation by revenue 2015
Exhibit 35: Samsung: Product portfolio
Exhibit 36: Toshiba Carrier: Product portfolio
Exhibit 37: United Technologies: Business segmentation by revenue 2015
Exhibit 38: United Technologies: Product portfolio
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FEATURED COMPANIES

  • Blue Star
  • Godrej Group
  • Hisense Group
  • Midea Group
  • Robert Bosch
  • Toshiba Carrier
  • MORE
New Report Released: – Global Inverter Technology Air Conditioner Market 2016-2020

The author of the report recognizes the following companies as the key players in the global inverter technology air conditioner market: Daikin Industries, Haier, Johnson Controls, LG Electronics, Mitsubishi Electric, Panasonic, Samsung, Toshiba Carrier, and United Technologies.

Other prominent vendors in the market are: Blue Star, Electrolux, Godrej Group, GREE ELECTRIC APPLIANCES, Hisense Group, Midea Group, Robert Bosch, Sharp, Voltas (TATA), and Whirlpool.

Commenting on the report, an analyst from the research team said: “One of latest trends in the market is inclusion of value-added features to justify the high cost of inverter technology air conditioners. In recent times, manufacturers are focusing on providing value-added features such as four-way swing option, virus filters, and stylish design elements with inverter technology air conditioners in order to justify the higher price of these products. The benefits of inverter technology are also being promoted as features. Manufacturers are also differentiating their products with the inclusion of smart connect features and smart diagnosis enabled through NFC and Wi-Fi connectivity. For instance, Samsung introduced its new range of smart air conditioners, which offer high energy savings and cooling experience. The product is equipped with the world's first new 8-pole motor in its digital inverter compressor.”

According to the report, one of the primary drivers in the market is manufacturer and retailer perspective: Innovative inverter technology creating opportunity for new and upgrade purchases. New and replacement purchases upon the damage of previously owned air conditioners are high. However, to increase the upgrade sales of durable consumer goods like air conditioners, which have more than 8-10 years of average life, technological innovation in product offerings becomes extremely essential.

Further, the report states that one major challenge in the market is lack of standardization for interface and core frequency control algorithm. The adoption of inverter technology for the manufacture of household air conditioners has been low due to insufficient development and integration of components, poor reliability, high capital cost, and failure of demonstration installations that can produce the expected energy savings. Lack of standardization in core frequency control algorithm and lack of interface standardization of control are leading to poor compressor compatibility between different manufacturers. Also, components from different manufacturers cannot replace each other, and this has caused great difficulties for machine manufacturers. Low mass production and heavy reliance on a few brands also lead to the high price of products.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Daikin Industries
  • Haier
  • Johnson Controls
  • LG Electronics
  • Mitsubishi Electric
  • Panasonic
  • Samsung
  • Toshiba Carrier
  • United Technologies
  • Blue Star
  • Electrolux
  • Godrej Group
  • GREE ELECTRIC APPLIANCES
  • Hisense Group
  • Midea Group
  • Robert Bosch
  • Sharp
  • Voltas (TATA)
  • Whirlpool
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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