Air Conditioning Market in India 2017-2021

  • ID: 4376172
  • Report
  • Region: India
  • 66 pages
  • TechNavio
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FEATURED COMPANIES

  • Blue Star
  • Carrier
  • Godrej
  • LG
  • Mitsubishi Electric
  • O General
  • MORE
About Air Conditioning
Air conditioners are machines that control humidity, ventilation, and temperature of rooms, buildings, and vehicles. The market has two segmentations, residential and commercial markets. The products under consideration are window ACs and split ACs. The report only covers the air conditioning market in India. The global air conditioning market has changed rapidly over time with respect to technology and innovation in the field of coolers, filters, compressors, and sensors, which are used in smart air conditioners (ACs). These technologies help in developing energy-efficient ACs, which expand the customer base. The growth of the global residential and commercial construction market is driving the global air conditioning market.

The analysts forecast the air conditioning market in India to grow at a CAGR of 10.39% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the air conditioning market in India for 2017-2021. To calculate the market size, the report considers the sales, volume, and value of split and window ACs.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Air Conditioning Market in India 2017-2021, 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 Airconditioning India
  • Johnson Controls - Hitachi Air Conditioning
  • Mitsubishi Electric
  • Voltas
Other prominent vendors
  • Blue Star
  • Carrier
  • Godrej
  • LG
  • Lloyd Electric & Engineering
  • General
  • Onida
  • Whirpool
  • Samsung
Market drivers
  • Increase in electronic retail store and e-commerce
  • For a full, detailed list, view the full report
Market challenges
  • High cost of energy-efficient ACs and maintenance of traditional ACs
  • For a full, detailed list, view the full report
Market trends
  • Increased demand for solar powered ACs
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 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?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Blue Star
  • Carrier
  • Godrej
  • LG
  • Mitsubishi Electric
  • O General
  • MORE
PART 01:Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Market overview
  • Split AC market in India
  • Window AC market in India
PART 07: Market segmentation by end-user
  • Market overview
  • Residential users
  • Commercial users
PART 08: Geographical segmentation
  • Geographical segmentation in India
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Increased demand for solar powered ACs
  • Introduction of smart and inverter ACs
  • AC manufacturers eyeing smaller cities
PART 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 13: Key vendor analysis
  • Daikin Airconditioning India
  • Johnson Controls - Hitachi Air Conditioning
  • Voltas
  • Mitsubishi Electric
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global air conditioning market 2016-2021 ($ billions)
Exhibit 02: Air conditioning market in India
Exhibit 03: Air conditioning market in India 2016-2021 ($ millions)
Exhibit 04: Air conditioning market in India 2016-2021 (units in millions)
Exhibit 05: Air conditioning market in India: Hierarchy of brands
Exhibit 06: Five forces analysis
Exhibit 07: Air conditioning market in India: Market share of window AC and split AC 2016 (% revenue)
Exhibit 08: Air conditioning market in India: Market share of split AC 2016
Exhibit 09: Air conditioning market in India: Segmentation by product 2016 and 2021 (% share of revenue)
Exhibit 10: Split AC market in India 2016-2021 ($ millions)
Exhibit 11: Window AC market in India 2016-2021 ($ millions)
Exhibit 12: Air conditioning market in India: Segmentation by end-users 2016 and 2021 (% share of revenue)
Exhibit 13: Air conditioning market in India by residential users 2016-2021 ($ millions)
Exhibit 14: Air conditioning market in India by commercial users 2016-2021 ($ millions)
Exhibit 15: Air conditioning market in India: Segmentation by region 2016 (% share of revenue)
Exhibit 16: Major mall construction coming up in the next two to three years (% share of major mall constructions)
Exhibit 17: Per capita income of India 2011-2015 (? in thousands)
Exhibit 18: Repair or replacement of AC parts
Exhibit 19: Daikin Industries: Business segmentation 2016 (% share of revenue)
Exhibit 20: Daikin Industries: Geographical segmentation 2016 (% share of revenue)
Exhibit 21: Daikin Airconditioning India: Product portfolio
Exhibit 22: Johnson Controls - Hitachi Air Conditioning: Business segmentation 2016 (% share of revenue)
Exhibit 23: Johnson Controls - Hitachi Air Conditioning: Business segmentation by product
Exhibit 24: Voltas: Business segmentation 2016 (% share of revenue)
Exhibit 25: Voltas: Business segmentation by product
Exhibit 26: Mitsubishi Electric: Business segment by revenue 2016
Exhibit 27: Mitsubishi Electric: Business segmentation by products
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FEATURED COMPANIES

  • Blue Star
  • Carrier
  • Godrej
  • LG
  • Mitsubishi Electric
  • O General
  • MORE
New Report Released: – Air Conditioning Market in India 2017-2021

The author of the report recognizes the following companies as the key players in the air conditioning market in India: Daikin Air-conditioning India, Johnson Controls - Hitachi Air Conditioning, Mitsubishi Electric, and Voltas.

Other Prominent Vendors in the market are: Blue Star, Carrier, Godrej, LG, Lloyd Electric & Engineering, O General, Onida, Whirpool, and Samsung.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Increased demand for solar powered ACs. The most effective way of reducing power shortage is to reduce the load on the power supply. Consumers have started investing in energy-efficient products, which consume less power. This shortage of power has led many vendors to invest in R&D and energy-efficiency products like solar powered ACs.”

According to the report, one of the major drivers for this market is Increase in electronic retail store and e-commerce. Electronic retail stores are organized stores where electronic goods of different brands are available. These stores are expected to grow at a CAGR around 2% during the forecast period. Indian consumers demand stores that offer a good ambience, multiple brands, and correctly priced goods under one roof. The increase in changing lifestyle and rise in the income of consumers are driving the electronic retail market in India. The increase in financial services and easy payment modes are the other attributes increasing the volume sales of ACs at electronic retail stores.

Further, the report states that one of the major factors hindering the growth of this market is High cost of energy-efficient ACs and maintenance of traditional ACs. The purchase of ACs in India with consideration of the price and technology is quite a challenge. This is because energy-efficient ACs are high-priced, while the other normal variants consume high energy and increase power bills.

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.
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  • Daikin Air-conditioning India
  • Johnson Controls - Hitachi Air Conditioning
  • Mitsubishi Electric
  • Voltas
  • Blue Star
  • Carrier
  • Godrej
  • LG
  • Lloyd Electric & Engineering
  • O General
  • Onida
  • Whirpool
  • Samsung
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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