Southeast Asian countries are located in the tropics, with high temperatures throughout the year and a hot climate, which is suitable for the use of air conditioning scenarios. At the same time, economic growth in Southeast Asia is strong, and residents' disposable income has increased, raising consumption levels, and demand for air conditioning will grow rapidly. Currently, the overall penetration rate of air conditioning in the 10 Southeast Asian countries is low, with great potential for future development.
Southeast Asia has cheap labor, lower land costs and preferential policy subsidies, attracting global air conditioning manufacturers to invest in Southeast Asia to build factories. In Vietnam, for example, Japan's Daikin Industries, Ltd. invested 10 billion yen in Hanoi, Vietnam to build a factory with an annual capacity of 1 million sets of air conditioners, and South Korea's LG Electronics also built an air conditioning production plant in Hai Phong, and Chinese brands such as Haier also have air conditioning factories in Vietnam.
Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of over 600 million by the end of 2021, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.
According to the publisher's analysis, the economic levels of the 10 Southeast Asian countries vary greatly, with Singapore being the only developed country with a per capita GDP of about US$73,000 in 2021. While Myanmar and Cambodia will have a GDP per capita of less than US$2,000 in 2021. The population and minimum wage levels of each country also vary greatly. Brunei, which has the smallest population, will have a total population of less than 500,000 people in 2021, while Indonesia, which has the largest population, will have a population of about 275 million people in 2021.
The publiser expects the air conditioning industry in Southeast Asia to maintain growth from 2023-2032. On the one hand, the local market is rich in potential due to the economic development and gradually increasing penetration of air conditioning in Southeast Asia. On the other hand, global air conditioning manufacturers will shift their production capacity to Southeast Asia and export to the global market, further driving the development of Southeast Asia's air conditioning industry.
Southeast Asia has cheap labor, lower land costs and preferential policy subsidies, attracting global air conditioning manufacturers to invest in Southeast Asia to build factories. In Vietnam, for example, Japan's Daikin Industries, Ltd. invested 10 billion yen in Hanoi, Vietnam to build a factory with an annual capacity of 1 million sets of air conditioners, and South Korea's LG Electronics also built an air conditioning production plant in Hai Phong, and Chinese brands such as Haier also have air conditioning factories in Vietnam.
Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of over 600 million by the end of 2021, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.
According to the publisher's analysis, the economic levels of the 10 Southeast Asian countries vary greatly, with Singapore being the only developed country with a per capita GDP of about US$73,000 in 2021. While Myanmar and Cambodia will have a GDP per capita of less than US$2,000 in 2021. The population and minimum wage levels of each country also vary greatly. Brunei, which has the smallest population, will have a total population of less than 500,000 people in 2021, while Indonesia, which has the largest population, will have a population of about 275 million people in 2021.
The publiser expects the air conditioning industry in Southeast Asia to maintain growth from 2023-2032. On the one hand, the local market is rich in potential due to the economic development and gradually increasing penetration of air conditioning in Southeast Asia. On the other hand, global air conditioning manufacturers will shift their production capacity to Southeast Asia and export to the global market, further driving the development of Southeast Asia's air conditioning industry.
Topics covered:
- Southeast Asia Air Conditioning Industry Status and Major Sources in 2018-2022
- What is the Impact of COVID-19 on Southeast Asia Air Conditioning Industry?
- Which Companies are the Major Players in Southeast Asia Air Conditioning Industry Market and What are their Competitive Benchmarks?
- Key Drivers and Market Opportunities in Southeast Asia Air Conditioning Industry
- What are the Key Drivers, Challenges, and Opportunities for Southeast Asia Air Conditioning Industry during 2023-2032?
- What is the Expected Revenue of Southeast Asia Air Conditioning Industry during 2023-2032?
- What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
- What are the Competitive Advantages of the Major Players in Southeast Asia Air Conditioning Industry Market?
- Which Segment of Southeast Asia Air Conditioning Industry is Expected to Dominate the Market in 2032?
- What are the Major Adverse Factors Facing Southeast Asia Air Conditioning Industry?
Table of Contents
1 Analysis of the Air Conditioning Industry in Singapore1.1 Singapore Air Conditioning Industry Development Environment
1.1.1 Geography
1.1.2 Population
1.1.3 Economy
1.1.4 Minimum Wage in Singapore
1.2 Operation of Air Conditioning Industry in Singapore 2018-2022
1.2.1 Production Status of Air Conditioning Industry in Singapore
1.2.2 Singapore Air Conditioning Industry Sales Status
1.2.3 Singapore Air Conditioning Industry Import and Export Status
1.3 Singapore Major Air Conditioning Production and Trading Companies Analysis
2 Analysis of the Air Conditioning Industry in Thailand
2.1 Development Environment of Thailand Air Conditioning Industry
2.1.1 Geography
2.1.2 Population
2.1.3 Economy
2.1.4 Thailand Minimum Wage
2.2 Thailand Air Conditioning Industry Operation Status 2018-2022
2.2.1 Thailand Air Conditioning Industry Production Status
2.2.2 Thailand Air Conditioning Industry Sales Status
2.2.3 Thailand Air Conditioning Industry Import and Export Status
2.3 Major Air Conditioner Manufacturing and Trading Companies in Thailand
3 Analysis of the Air Conditioning Industry in the Philippines
3.1 Development Environment of the Air Conditioning Industry in the Philippines
3.1.1 Geography
3.1.2 Population
3.1.3 Economy
3.1.4 Minimum Wage in the Philippines
3.2 Operation of Air Conditioning Industry in the Philippines 2018-2022
3.2.1 Production Status of Air Conditioning Industry in the Philippines
3.2.2 Sales Status of Air Conditioning Industry in Philippines
3.2.3 Philippine Air Conditioning Industry Import and Export Status
3.3 Major Air Conditioner Manufacturing and Trading Companies in Philippines
4 Analysis of the Air Conditioning Industry in Malaysia
4.1 Development Environment of Air Conditioning Industry in Malaysia
4.1.1 Geography
4.1.2 Population
4.1.3 Economy
4.1.4 Minimum Wage in Malaysia
4.2 Malaysia Air Conditioning Industry Operation Status 2018-2022
4.2.1 Malaysia Air Conditioning Industry Production Status
4.2.2 Malaysia Air Conditioning Industry Sales Status
4.2.3 Malaysia Air Conditioner Industry Import and Export Status
4.3 Major Air Conditioner Production and Trading Companies in Malaysia
5 Indonesia Air Conditioning Industry Analysis
5.1 Development Environment of Air Conditioning Industry in Indonesia
5.1.1 Geography
5.1.2 Population
5.1.3 Economy
5.1.4 Minimum Wage in Indonesia
5.2 Indonesia Air Conditioning Industry Operation Status 2018-2022
5.2.1 Indonesia Air Conditioning Industry Production Status
5.2.2 Indonesia Air Conditioning Industry Sales Status
5.2.3 Indonesia Air Conditioner Industry Import and Export Status
5.3 Major Air Conditioner Production and Trading Companies in Indonesia
6 Vietnam Air Conditioning Industry Analysis
6.1 Development Environment of Vietnam's Air Conditioning Industry
6.1.1 Geography
6.1.2 Population
6.1.3 Economy
6.1.4 Minimum Wage in Vietnam
6.2 Operation of Air Conditioning Industry in Vietnam 2018-2022
6.2.1 Vietnam Air Conditioning Industry Production Status
6.2.2 Vietnam Air Conditioning Industry Sales Status
6.2.3 Vietnam Air Conditioning Industry Import and Export Status
6.3 Major Air Conditioning Production and Trading Enterprises in Vietnam
7 Analysis of the Air Conditioning Industry in Myanmar
7.1 Development Environment of Air Conditioning Industry in Myanmar
7.1.1 Geography
7.1.2 Population
7.1.3 Economy
7.1.4 Myanmar Minimum Wage
7.2 Operation of Air Conditioning Industry in Myanmar 2018-2022
7.2.1 Production Status of Air Conditioning Industry in Myanmar
7.2.2 Sales Status of Air Conditioning Industry in Myanmar
7.2.3 Import and Export Status of Air Conditioning Industry in Myanmar
7.3 Major Air Conditioning Production and Trading Companies in Myanmar
8 Brunei Air Conditioning Industry Analysis
8.1 Development Environment of Brunei Air Conditioning Industry
8.1.1 Geography
8.1.2 Population
8.1.3 Economy
8.1.4 Brunei Minimum Wage
8.2 Operating Conditions of Brunei Air Conditioning Industry 2018-2022
8.2.1 Brunei Air Conditioning Industry Production Status
8.2.2 Brunei Air Conditioning Industry Sales Status
8.2.3 Brunei Air Conditioning Industry Import and Export Status
8.3 Major Air Conditioning Manufacturing and Trading Companies in Brunei
9 Laos Air Conditioning Industry Analysis
9.1 Development Environment of the Air Conditioning Industry in Laos
9.1.1 Geography
9.1.2 Population
9.1.3 Economy
9.1.4 Minimum Wage in Laos
9.2 Operation of Air Conditioning Industry in Laos 2018-2022
9.2.1 Laos Air Conditioning Industry Production Status
9.2.2 Laos Air Conditioning Industry Sales Status
9.2.3 Laos Air Conditioning Industry Import and Export Status
9.3 Major Air Conditioning Production and Trading Companies in Laos
10 Cambodia Air Conditioning Industry Analysis
10.1 Development Environment of Air Conditioning Industry in Cambodia
10.1.1 Geography
10.1.2 Population
10.1.3 Economy
10.1.4 Minimum Wage in Cambodia
10.2 Cambodia Air Conditioning Industry Operation Status 2018-2022
10.2.1 Cambodia Air Conditioning Industry Production Status
10.2.2 Cambodia Air Conditioning Industry Sales Status
10.2.3 Cambodia Air Conditioning Industry Import and Export Status
10.3 Major Air Conditioning Production and Trading Companies in Cambodia
11 Southeast Asia Air Conditioning Industry Outlook 2023-2032
11.1 Southeast Asia Air Conditioning Industry Development Influencing Factors Analysis
11.1.1 Favorable Factors
11.1.2 Unfavorable Factors
11.2 Southeast Asia Air Conditioning Industry Supply Forecast 2023-2032
11.3 Southeast Asia Air Conditioning Industry Manufacturing Market Demand Forecast 2023-2032
11.4 Impact of COVID -19 Epidemic on Air Conditioning Industry
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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