Market Trends of Portable Air Conditioners Industry
Urbanization is Driving the Market
- Urbanization has been rapid over the years across the world. People shift from rural to urban areas due to the availability of resources and career growth. The people located in urban areas often shift their lifestyle preferences due to their work holic life.
- With the increase in urban populations, the demand for cooling systems is growing at a higher rate. High temperatures in urban areas are another demanding factor for portable air conditioners. Portable air conditioners are vital solutions for apartment dwellers who are not provided with building cooling systems.
Understand The Key Trends Shaping This Market
Download PDF
Commercial Sector is Dominating the Market
- Supermarkets/hypermarkets, residential buildings, and commercial complexes are using portable air conditioners. Because of urbanization, the commercial building segment is growing rapidly, which is expected to increase demand for portable ACs during the forecast period.
- Portable air conditioners are mostly used for an attic, small disconnected rooms, and home offices. The growing number of restaurants is the main reason behind commercial segment dominance in the Portable Air Conditioners market.
- The mid to small-range companies, complexes, and public places are the main users of this standing type of air conditioner. Asia-Pacific is the dominant player in the usage of portable air conditioners in commercial places.
Get Analysis on Important Geographic Markets
Download PDF
