Global Portable Air Conditioning System Market Growth 2023-2029

Global Portable Air Conditioning System Market Growth 2023-2029

Product Code:457057

Published Date: Feb 08,2023

Pages: 118

Region: Global

Category: Machinery & Equipment

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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 they're compact, mobile, and require no permanent installation. Moreover, because they're 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.

LPI (LP Information)' newest research report, the “Portable Air Conditioning System Industry Forecast” looks at past sales and reviews total world Portable Air Conditioning System sales in 2022, providing a comprehensive analysis by region and market sector of projected Portable Air Conditioning System sales for 2023 through 2029. With Portable Air Conditioning System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Portable Air Conditioning System industry.

This Insight Report provides a comprehensive analysis of the global Portable Air Conditioning System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Portable Air Conditioning System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Portable Air Conditioning System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Portable Air Conditioning System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Portable Air Conditioning System.

The global Portable Air Conditioning System market size is projected to grow from US$ 883.4 million in 2022 to US$ 1442.9 million in 2029; it is expected to grow at a CAGR of 1442.9 from 2023 to 2029.

Global Portable Air Conditioning System key players include DeLonghi, JMATEK, Electrolux, LG, Carrier etc. Global top five manufacturers hold a share over 50%.

North America is the largest market, with a share over 50%, followed by Europe and China, both have a share over 30% percent. In terms of product, Portable Air Conditioner For Medium Room is the largest segment, with a share over 60%. And in terms of application, the largest application is Residential Care Facilities & Apartment Communities, followed by Equipment & Server Rooms.

This report presents a comprehensive overview, market shares, and growth opportunities of Portable Air Conditioning System market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Portable Air Conditioner For Small Room
    Portable Air Conditioner For Medium Room
    Portable Air Conditioner For Large Room

Segmentation by application
    Equipment & Server Rooms
    Factories & Warehouses
    Medical & Hospitals
    Residential Care Facilities & Apartment Communities

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    DeLonghi
    Airart
    Electrolux
    OlimpiaSplendid
    Midea
    LG
    Haier
    Suntec
    Carrier
    Whirlpool
    NewAir
    Whynter
    Gree
    Panasonic
    Aux
    Chigo

Key Questions Addressed in this Report
What is the 10-year outlook for the global Portable Air Conditioning System market?
What factors are driving Portable Air Conditioning System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Portable Air Conditioning System market opportunities vary by end market size?
How does Portable Air Conditioning System break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?