Technavio has been monitoring the split air conditioner (AC) market and it is poised to grow by $ 34.66 billion during 2020-2024, progressing at a CAGR of 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Split Air Conditioner (AC) Market 2020-2024 (Graphic: Business Wire).
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Daikin Industries Ltd., Fujitsu Ltd., Hitachi Ltd., Johnson Controls International Plc, LG Electronics Inc., Midea Group Co. Ltd., Mitsubishi Electric Corp., Panasonic Corp., Samsung Electronics Co. Ltd., and Zhuhai Gree Electric Appliance Co. Ltd. are some of the major market participants. The preference for split ACs will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Split air conditioner (AC) market 2020-2024 : Segmentation
Split air conditioner (AC) market is segmented as below:
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Split air conditioner (AC) market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our split air conditioner (AC) market report covers the following areas:
Split air conditioner (AC) market size
Split air conditioner (AC) market trends
Split air conditioner (AC) market industry analysis
This study identifies the emergence of smart split ACs as one of the prime reasons driving the split air conditioner (AC) market growth during the next few years.
Split air conditioner (AC) market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the split air conditioner (AC) market, including some of the vendors such as Daikin Industries Ltd., Fujitsu Ltd., Hitachi Ltd., Johnson Controls International Plc, LG Electronics Inc., Midea Group Co. Ltd., Mitsubishi Electric Corp., Panasonic Corp., Samsung Electronics Co. Ltd., and Zhuhai Gree Electric Appliance Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the Split air conditioner (AC) market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Split air conditioner (AC) market 2020-2024 : Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist split air conditioner (AC) market growth during the next five years
Estimation of the split air conditioner (AC) market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the split air conditioner (AC) market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of split air conditioner (AC) market vendors
Table Of Contents :
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Value Chain Analysis
Market segmentation analysis
PART 04: MARKET SIZING
Market sizing 2019
Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 06: MARKET SEGMENTATION BY PRODUCT
Market segmentation by product
Comparison by product
Ductless - Market size and forecast 2019-2024
VRF - Market size and forecast 2019-2024
Ducted - Market size and forecast 2019-2024
Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
Increase in the use of R32 refrigerant in split ACs
Launches of split ACs
Emergence of smart split ACs
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
Market positioning of vendors
Daikin Industries Ltd.
Johnson Controls International Plc
LG Electronics Inc.
Midea Group Co. Ltd.
Mitsubishi Electric Corp.
Samsung Electronics Co. Ltd.
Zhuhai Gree Electric Appliance Co. Ltd.
PART 14: APPENDIX
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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