India Room Air Conditioner Market (2020-2026): Market Forecast by Types, by Capacity, by Applications, by Regions, and Competitive Landscape

The India Room Air Conditioner Market is Projected to Grow at a CAGR of 14.2% During 2020-26

India room air conditioner market would register healthy growth in the coming years on account of strengthening residential sector, growing retail & hospitality sectors, rising construction activities across new housing societies along with establishment of SMEs & commercial hubs. Additionally, growth in number of construction projects across all metro & tier-2 cities along with increasing government spending towards public infrastructures would further increase the demand for room air conditioners in the country in the coming years.

According to this research, India Room Air Conditioner Market is projected to grow at a CAGR of 14.2% during 2020-26. India room air conditioner market is highly competitive and also fragmented, with presence of domestic, international and unorganized market participants. The strengthening of the residential sector in India with multiple upcoming housing projects along with the growing purchasing power of the average Indian consumer would lead to an increase in demand for room air conditioners in the country. However, amid coronavirus outbreak, it is anticipated that the year 2020 would be a challenging year for the air conditioning industry as several manufacturers would be airlifting component such as controllers, compressors and other materials from China, Thailand and Malaysia and the increased logistic cost would put pressure on input costs.

By capacity, 1 to 2 ton room air conditioners exhibited the largest market revenue share in the overall room air conditioner market. The average size of the typical room in an Indian household makes them best suited to install air conditioners of the range 1 to 2 ton. Further, development projects in the commercial sector such as construction of new hospitals and malls across major cities in India would lead to the growth in demand for room air conditioners during the forecast period.

The report thoroughly covers the market by types, by capacity, by applications and by regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• India Room Air Conditioner Market Size and India Room Air Conditioner Market Forecast Revenues and Volume until 2026F
• Historical Data of India Room Air Conditioner Market Revenues and Volume, By Types, 2016-2019
• Market Size and Forecast of India Room Air Conditioner Market Revenues and Volume, By Types until 2026F
• Historical Data of India Room Air Conditioner Market Revenues and Volume, By Capacity, 2016-2019
• India Room Air Conditioner Market Revenues and Volume Forecast, By Capacity until 2026F
• Historical Data of India Room Air Conditioner Market Revenues and Volume, By Application, 2016-2019
• Market Size and Forecast of India Room Air Conditioner Market Revenues and Volume, By Application until 2026F
• Historical Data of India Room Air Conditioner Market Revenues and Volume, By Regions, 2016-2019
• Market Size and Forecast of India Room Air Conditioner Market Revenues and Volume, By Regions until 2026F
• Market Trends
• Market Drivers and Restraints 
• Market Opportunity Assessment
• Market Share, By Players
• Competitive Benchmarking
• Competitive Landscape
• Company Profiles
• Strategic Recommendations

Markets Covered

The report covers the detailed analysis of following market segments:

By Types

• Window AC
• Split AC

By Capacity

• Less than 1 Ton
• 1 to 2 Ton
• Above 2 Ton

By Applications

• Residential
• Commercial (Offices, Retail, Hospitality, Education, BFSI, Transportation)
• Industrial (Manufacturing, Food & Beverages)

By Regions

• Northern
• Southern
• Eastern
• Western