The Asia Pacific Portable HVAC Equipment Market would witness market growth of 5.4% CAGR during the forecast period (2022-2028).
The demand for cooling and heating equipment has increased as industrialization has grown, especially in sectors like mining and electricity generation. Numerous commercial organizations and companies have been compelled to install HVAC equipment in their working spaces due to rising energy costs and tight rules that consider environmental standards.
Additionally, the increased need for user-friendly remote access control systems has significantly increased end-user investments in HVAC systems from the commercial, industrial, and residential sectors. The development of sophisticated portable HVAC equipment with a variety of sensors is the result of the expansion in investments.
Compact and lightweight, portable air conditioners that may be simply put in a smaller accessible room area than a regular air conditioner requirement is becoming increasingly popular because of the increasing trend of minimal spaces. In addition, the idea of minimal living spaces is an architectural and social movement that encourages lowering the rate of energy consumption and the amount of equipment needed in the space.
In order to address the urgent needs of the growing middle-class population, it is projected that the need for housing among the growing urban population would enhance construction activity across the residential and commercial infrastructure. This has increased construction activity in nations like Japan, China, and India, which has caused the HVAC industry to grow as a result. Aside from that, the majority of the governments in this region have started projects and programs to promote the use of sophisticated energy-efficient components in new building structures. In the upcoming years, it is projected that this will increase demand for portable HVAC equipment in resorts and hotels. These elements are predicted to propel the growth of the regional portable HVAC equipment market.
The China market dominated the Asia Pacific Portable HVAC Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $362.1 Million by 2028.The Japan market is estimated to grow a CAGR of 4.8% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6% during (2022 - 2028).
Based on Product Type, the market is segmented into Portable Fans, Portable Air Conditioners and Portable Heaters. Based on End User, the market is segmented into Residential and Commercial. Based on Distribution Channel, the market is segmented into Hypermarkets / Supermarkets, Departmental Stores, Specialty Stores, Online Retail and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Portable HVAC Equipment Market is Projected to reach USD 4.5 Billion by 2028, at a CAGR of 5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LG Electronics (LG Corporation), Panasonic Holdings Corporation, Carrier Global Corporation, Daikin Industries, Ltd., Emerson Electric Co., Hitachi, Ltd., AB Electrolux (Electrolux), Blue Star Limited, Haier Smart Home Co., Ltd. (Haier Group Corporation), and Dyson Limited.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Portable Fans
- Portable Air Conditioners
- Portable Heaters
By End User
By Distribution Channel
- Hypermarkets / Supermarkets
- Departmental Stores
- Specialty Stores
- Online Retail
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- LG Electronics (LG Corporation)
- Panasonic Holdings Corporation
- Carrier Global Corporation
- Daikin Industries, Ltd.
- Emerson Electric Co.
- Hitachi, Ltd.
- AB Electrolux (Electrolux)
- Blue Star Limited
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
- Dyson Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Portable HVAC Equipment Market, by Product Type
1.4.2 Asia Pacific Portable HVAC Equipment Market, by End User
1.4.3 Asia Pacific Portable HVAC Equipment Market, by Distribution Channel
1.4.4 Asia Pacific Portable HVAC Equipment Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Portable HVAC Equipment Market
Chapter 4. Asia Pacific Portable HVAC Equipment Market by Product Type
4.1 Asia Pacific Portable Fans Market by Country
4.2 Asia Pacific Portable Air Conditioners Market by Country
4.3 Asia Pacific Portable Heaters Market by Country
Chapter 5. Asia Pacific Portable HVAC Equipment Market by End User
5.1 Asia Pacific Residential Market by Country
5.2 Asia Pacific Commercial Market by Country
Chapter 6. Asia Pacific Portable HVAC Equipment Market by Distribution Channel
6.1 Asia Pacific Hypermarkets / Supermarkets Market by Country
6.2 Asia Pacific Departmental Stores Market by Country
6.3 Asia Pacific Specialty Stores Market by Country
6.4 Asia Pacific Online Retail Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Portable HVAC Equipment Market by Country
7.1 China Portable HVAC Equipment Market
7.1.1 China Portable HVAC Equipment Market by Product Type
7.1.2 China Portable HVAC Equipment Market by End User
7.1.3 China Portable HVAC Equipment Market by Distribution Channel
7.2 Japan Portable HVAC Equipment Market
7.2.1 Japan Portable HVAC Equipment Market by Product Type
7.2.2 Japan Portable HVAC Equipment Market by End User
7.2.3 Japan Portable HVAC Equipment Market by Distribution Channel
7.3 India Portable HVAC Equipment Market
7.3.1 India Portable HVAC Equipment Market by Product Type
7.3.2 India Portable HVAC Equipment Market by End User
7.3.3 India Portable HVAC Equipment Market by Distribution Channel
7.4 South Korea Portable HVAC Equipment Market
7.4.1 South Korea Portable HVAC Equipment Market by Product Type
7.4.2 South Korea Portable HVAC Equipment Market by End User
7.4.3 South Korea Portable HVAC Equipment Market by Distribution Channel
7.5 Singapore Portable HVAC Equipment Market
7.5.1 Singapore Portable HVAC Equipment Market by Product Type
7.5.2 Singapore Portable HVAC Equipment Market by End User
7.5.3 Singapore Portable HVAC Equipment Market by Distribution Channel
7.6 Malaysia Portable HVAC Equipment Market
7.6.1 Malaysia Portable HVAC Equipment Market by Product Type
7.6.2 Malaysia Portable HVAC Equipment Market by End User
7.6.3 Malaysia Portable HVAC Equipment Market by Distribution Channel
7.7 Rest of Asia Pacific Portable HVAC Equipment Market
7.7.1 Rest of Asia Pacific Portable HVAC Equipment Market by Product Type
7.7.2 Rest of Asia Pacific Portable HVAC Equipment Market by End User
7.7.3 Rest of Asia Pacific Portable HVAC Equipment Market by Distribution Channel
Chapter 8. Company Profiles
8.1 LG Electronics (LG Corporation)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 Panasonic Holdings Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Carrier Global Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.4 Daikin Industries, Ltd.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.5 Emerson Electric Co.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.6 Hitachi, Ltd.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.7 AB Electrolux (Electrolux)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent Strategies and Developments
8.7.5.1 Acquisitions and Mergers:
8.8 Blue Star Limited
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.9 Haier Smart Home Co., Ltd. (Haier Group Corporation)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.10. Dyson Limited
8.10.1 Company Overview
TABLE 1 Asia Pacific Portable HVAC Equipment Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Portable HVAC Equipment Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Portable HVAC Equipment Market by Product Type, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Portable HVAC Equipment Market by Product Type, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Portable Fans Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Portable Fans Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Portable Air Conditioners Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Portable Air Conditioners Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Portable Heaters Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Portable Heaters Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Portable HVAC Equipment Market by End User, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Portable HVAC Equipment Market by End User, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Residential Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Residential Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Commercial Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Commercial Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Portable HVAC Equipment Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Portable HVAC Equipment Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Hypermarkets / Supermarkets Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Hypermarkets / Supermarkets Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Departmental Stores Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Departmental Stores Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Specialty Stores Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Specialty Stores Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Online Retail Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Online Retail Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Portable HVAC Equipment Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Portable HVAC Equipment Market by Country, 2022 - 2028, USD Million
TABLE 31 China Portable HVAC Equipment Market, 2018 - 2021, USD Million
TABLE 32 China Portable HVAC Equipment Market, 2022 - 2028, USD Million
TABLE 33 China Portable HVAC Equipment Market by Product Type, 2018 - 2021, USD Million
TABLE 34 China Portable HVAC Equipment Market by Product Type, 2022 - 2028, USD Million
TABLE 35 China Portable HVAC Equipment Market by End User, 2018 - 2021, USD Million
TABLE 36 China Portable HVAC Equipment Market by End User, 2022 - 2028, USD Million
TABLE 37 China Portable HVAC Equipment Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 China Portable HVAC Equipment Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 Japan Portable HVAC Equipment Market, 2018 - 2021, USD Million
TABLE 40 Japan Portable HVAC Equipment Market, 2022 - 2028, USD Million
TABLE 41 Japan Portable HVAC Equipment Market by Product Type, 2018 - 2021, USD Million
TABLE 42 Japan Portable HVAC Equipment Market by Product Type, 2022 - 2028, USD Million
TABLE 43 Japan Portable HVAC Equipment Market by End User, 2018 - 2021, USD Million
TABLE 44 Japan Portable HVAC Equipment Market by End User, 2022 - 2028, USD Million
TABLE 45 Japan Portable HVAC Equipment Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 Japan Portable HVAC Equipment Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 India Portable HVAC Equipment Market, 2018 - 2021, USD Million
TABLE 48 India Portable HVAC Equipment Market, 2022 - 2028, USD Million
TABLE 49 India Portable HVAC Equipment Market by Product Type, 2018 - 2021, USD Million
TABLE 50 India Portable HVAC Equipment Market by Product Type, 2022 - 2028, USD Million
TABLE 51 India Portable HVAC Equipment Market by End User, 2018 - 2021, USD Million
TABLE 52 India Portable HVAC Equipment Market by End User, 2022 - 2028, USD Million
TABLE 53 India Portable HVAC Equipment Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 India Portable HVAC Equipment Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 South Korea Portable HVAC Equipment Market, 2018 - 2021, USD Million
TABLE 56 South Korea Portable HVAC Equipment Market, 2022 - 2028, USD Million
TABLE 57 South Korea Portable HVAC Equipment Market by Product Type, 2018 - 2021, USD Million
TABLE 58 South Korea Portable HVAC Equipment Market by Product Type, 2022 - 2028, USD Million
TABLE 59 South Korea Portable HVAC Equipment Market by End User, 2018 - 2021, USD Million
TABLE 60 South Korea Portable HVAC Equipment Market by End User, 2022 - 2028, USD Million
TABLE 61 South Korea Portable HVAC Equipment Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 South Korea Portable HVAC Equipment Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Singapore Portable HVAC Equipment Market, 2018 - 2021, USD Million
TABLE 64 Singapore Portable HVAC Equipment Market, 2022 - 2028, USD Million
TABLE 65 Singapore Portable HVAC Equipment Market by Product Type, 2018 - 2021, USD Million
TABLE 66 Singapore Portable HVAC Equipment Market by Product Type, 2022 - 2028, USD Million
TABLE 67 Singapore Portable HVAC Equipment Market by End User, 2018 - 2021, USD Million
TABLE 68 Singapore Portable HVAC Equipment Market by End User, 2022 - 2028, USD Million
TABLE 69 Singapore Portable HVAC Equipment Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 Singapore Portable HVAC Equipment Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 Malaysia Portable HVAC Equipment Market, 2018 - 2021, USD Million
TABLE 72 Malaysia Portable HVAC Equipment Market, 2022 - 2028, USD Million
TABLE 73 Malaysia Portable HVAC Equipment Market by Product Type, 2018 - 2021, USD Million
TABLE 74 Malaysia Portable HVAC Equipment Market by Product Type, 2022 - 2028, USD Million
TABLE 75 Malaysia Portable HVAC Equipment Market by End User, 2018 - 2021, USD Million
TABLE 76 Malaysia Portable HVAC Equipment Market by End User, 2022 - 2028, USD Million
TABLE 77 Malaysia Portable HVAC Equipment Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 78 Malaysia Portable HVAC Equipment Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 79 Rest of Asia Pacific Portable HVAC Equipment Market, 2018 - 2021, USD Million
TABLE 80 Rest of Asia Pacific Portable HVAC Equipment Market, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Portable HVAC Equipment Market by Product Type, 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Portable HVAC Equipment Market by Product Type, 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Portable HVAC Equipment Market by End User, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Portable HVAC Equipment Market by End User, 2022 - 2028, USD Million
TABLE 85 Rest of Asia Pacific Portable HVAC Equipment Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 86 Rest of Asia Pacific Portable HVAC Equipment Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 87 Key information – LG Electronics, Inc.
TABLE 88 Key Information – Panasonic Holdings Corporation
TABLE 89 Key Information – Carrier Global Corporation
TABLE 90 Key information – Daikin Industries, Ltd.
TABLE 91 Key Information – Emerson Electric Co.
TABLE 92 Key Information – Hitachi, Ltd.
TABLE 93 Key Information – AB Electrolux
TABLE 94 Key Information – Blue Star Limited
TABLE 95 key information – Haier Smart Home Co., Ltd.
TABLE 96 Key Information – Dyson Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: LG Corporation
FIG 3 SWOT Analysis: Panasonic Holdings Corporation
FIG 4 Recent strategies and developments: Carrier Global Corporation