Key Market- Overview
Air Conditioner Brackets Market was valued at USD 1,510 million in 2022 and is estimated to reach a value of USD 2,170 by 2033 with a CAGR of 4.5% during the forecast period.
All-year cooling is made possible by air conditioners, which are growing in popularity. In fact, there are many different brands of air conditioning available, and over 87% of American houses have one. AC's window bracket is an essential component that aids in supporting the unit. Some individuals contend that window air conditioners don't require brackets, but not all air conditioners will. This is not the case, and having a bracket for your air conditioner is typically required by law for safety reasons.
Report Scope
Report Attributes | Description |
Market Size in 2023 | USD 1,510 Million |
Market Forecast in 2033 | USD 2,170 Million |
CAGR % 2023-2033 | 4.5% |
Base Year | 2022 |
Historic Data | 2019-2021 |
Forecast Period | 2023-2033 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | Type and application |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | Belkin, DiversiTech Corporation, RectorSeal, Thermwell Products, Qualward, Jeacent, Ashish International, Fschangze, and others. |
According to research released in July 2020 by the United Nations Environment Programme (UNEP) and the International Energy Agency (IEA), strict measures to improve the efficiency of air conditioning systems could cut between 210 and 460 billion metric tonnes of carbon dioxide from the atmosphere by the year 2060.
Air Conditioner Brackets Market- Key Trends
Increasing Demand For
Air Conditioners In Residential And Commercial Buildings Will Drive The Market
Expansion
The need for air conditioners in residential and commercial buildings has contributed to the expansion of this market. Due to customers' growing awareness of energy efficiency and environmental sustainability, there is a rising demand for air conditioners in both residential and commercial structures.
Increase Use Of
Ordinary Brackets Will Hype The Market Growth
In 2018, ordinary angle brackets held the biggest market share, followed by steel plate brackets, galvanised steel brackets, and other products (e.g., aluminum). Because it is simple to install and has a cheap cost per unit compared to other types of brackets like steel plate or galvanised steel brackets, the common angle bracket held the highest share of this market.
Impact of COVID
The COVID-19 pandemic has had a mixed impact on the air conditioner brackets market. While the market initially faced a decline in demand due to the slowdown of construction activities and supply chain disruptions caused by the pandemic, the market has since recovered as the construction industry resumed operations and demand for air conditioning systems increased due to the pandemic.
During the initial phase of the pandemic, many construction activities were halted, leading to a decline in demand for air conditioner brackets. Moreover, the disruptions in the supply chain due to lockdowns and travel restrictions caused delays in the delivery of raw materials, manufacturing equipment, and finished products, further impacting the market.
However, the pandemic also increased the demand for air conditioning systems as people spent more time indoors due to lockdowns and work from home arrangements. This trend led to an increase in demand for air conditioner brackets as well.
Air Conditioner Brackets Market- Segmental Assessment
The demand for air conditioner brackets in the commercial sector is significant, as commercial buildings such as offices, retail stores, and hotels require air conditioning systems to maintain a comfortable environment for employees, customers, and guests. The use of air conditioner brackets provides stability and support for the air conditioning system, ensuring it operates efficiently and safely.
The demand for air conditioner brackets in the commercial sector is expected to grow due to the increasing trend of energy-efficient air conditioning systems. Governments and regulatory bodies across the globe are promoting the use of energy-efficient air conditioning systems to reduce energy consumption and greenhouse gas emissions, and this trend is expected to increase the demand for air conditioner brackets in commercial buildings.
Moreover, the increasing trend of smart buildings that incorporate the Internet of Things (IoT) technology is also expected to boost the demand for air conditioner brackets in the commercial sector. These smart buildings use advanced sensors and controls to optimize energy consumption and provide a comfortable environment for occupants. The use of air conditioner brackets that are compatible with IoT technology can enhance the performance of air conditioning systems in these buildings.
Overall, the demand for air conditioner brackets in the commercial sector is expected to grow in the coming years due to the increasing trend of energy efficiency and the growth of smart buildings.
Air Conditioner Brackets Market- Geographical Landscape
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and South America. Among these, North America is projected to capture a substantial revenue share over 2022-2030.
The Middle East region has a significant demand for air conditioner brackets, as the climate in the region is hot and humid, making air conditioning systems essential for residential, commercial, and industrial applications.
The demand for air conditioner brackets in the Middle East is driven by the growing construction industry, which is supported by government initiatives and investments in infrastructure development. The construction of new buildings, such as residential apartments, commercial complexes, and industrial facilities, is driving the demand for air conditioning systems and, in turn, air conditioner brackets.
Moreover, the increasing trend of energy-efficient air conditioning systems in the Middle East is expected to boost the demand for air conditioner brackets in the region. Governments in the region are promoting the use of energy-efficient air conditioning systems to reduce energy consumption and greenhouse gas emissions, and this trend is expected to increase the demand for air conditioner brackets that provide support and stability to these systems.
Furthermore, the Middle East region is home to some of the world's largest oil and gas companies, which require air conditioning systems in their operations. This demand is also expected to drive the demand for air conditioner brackets in the industrial sector in the region.
Air Conditioner Brackets Market- Competitive Landscape
The prominent companies defining the competitive terrain of this marketplace are Belkin, DiversiTech Corporation, RectorSeal, Thermwell Products, Qualward, Jeacent, Ashish International, Fschangze, and others.
Market- Segmental Assessment
By Type
• Ordinary angle bracket
• Steel plate bracket
• Galvanized steel bracket
• Others
By Application
• Household
• Commercial
• Others
Regions
North America
· U.S.
· Canada
· Mexico
Europe
· Germany
· U.K.
· France
· Italy
· Spain
· Russia
· Rest of Europe
Asia Pacific
· China
· Japan
· India
· Australia
· Korea
· Rest of Asia pacific
South America
· Brazil
· Argentina
· Colombia
· Rest of South America
Middle East & Africa
· UAE
· Saudi Arabia
· Egypt
· Oman
· Kuwait
· South Africa
· Rest of MEA
1. Global Air Conditioner Brackets Market Introduction and Market
Overview
1.1. Objectives of the Study
1.2. Air Conditioner Brackets Market Definition & Description
1.3. Global Air Conditioner Brackets Market Scope and Market
Estimation
1.3.1. Global Air Conditioner Brackets Overall Market
Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023-2033)
1.3.2. Global Air Conditioner Brackets Market Revenue
Share (%) and Growth Rate (Y-o-Y) from 2019-2033
1.4. Market Segmentation
1.4.1. Type of Global Air Conditioner Brackets Market
1.4.2. Application of Global Air Conditioner Brackets Market
2. Executive Summary
2.1. Global Air Conditioner Brackets Market Industry Trends under
COVID-19 Outbreak
2.1.1. Global COVID-19 Status Overview
2.1.2. Influence of COVID-19 Outbreak on Global Air Conditioner
Brackets Market Industry Development
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Limitations
2.2.3. Opportunities
2.2.4. Impact Analysis of Drivers and Restraints
2.3. Pricing Trends Analysis & Average Selling Prices (ASPs)
2.4. Key Mergers & Acquisitions, Expansions, JVs, Funding /
VCs, etc.
2.5. Porter’s Five Forces Analysis
2.5.1. Bargaining Power of Suppliers
2.5.2. Bargaining Power of Buyers
2.5.3. Threat of Substitutes
2.5.4. Threat of New Entrants
2.5.5. Competitive Rivalry
2.6. Value Chain / Ecosystem Analysis
2.7. PEST Analysis
2.8. Russia-Ukraine War Impacts Analysis
2.9. Economic Downturn Analysis
2.10. Market Investment Opportunity Analysis (Top Investment
Pockets), By Segments & By Region
3. Global Air
Conditioner Brackets Market Estimates & Historical Trend Analysis (2020 - 2022)
4. Global Air
Conditioner Brackets Market Estimates & Forecast Trend Analysis, by Type
4.1. Global Air Conditioner Brackets Market Revenue (US$ Mn)
Estimates and Forecasts, by Type, 2023 to 2033
4.1.1. Ordinary angle bracket
4.1.2. Steel plate bracket
4.1.3. Galvanized steel bracket
5. Global Air
Conditioner Brackets Market Estimates & Forecast Trend Analysis, by Application
5.1. Global Air Conditioner Brackets Market Revenue (US$ Mn)
Estimates and Forecasts, by Installation, 2023 to 2033
5.1.1. Household
5.1.2. Commercial
6. Global Air
Conditioner Brackets Market Estimates & Forecast Trend Analysis, by Region
6.1. Global Air Conditioner Brackets Market Revenue (US$ Mn) Estimates
and Forecasts, by Region, 2023 to 2033
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America
7. North
America Air Conditioner Brackets Market: Estimates & Forecast Trend
Analysis
7.1. North America Air Conditioner Brackets Market Assessments
& Key Findings
7.1.1. North America Air Conditioner Brackets Market Introduction
7.1.2. North America Air Conditioner Brackets Market Size Estimates and
Forecast (US$ Million) (2023 to 2033)
7.1.2.1. By Type
7.1.2.2. By Application
7.1.2.3. By Country
7.1.2.3.1. The U.S.
7.1.2.3.2. Canada
7.1.2.3.3. Mexico
8. Europe Air
Conditioner Brackets Market: Estimates & Forecast Trend Analysis
8.1. Europe Air Conditioner Brackets Market Assessments & Key
Findings
8.1.1. Europe Air Conditioner Brackets Market Introduction
8.1.2. Europe Air Conditioner Brackets Market Size Estimates
and Forecast (US$ Million) (2023 to 2033)
8.1.2.1. By Type
8.1.2.2. By Application
8.1.2.3. By Country
8.1.2.3.1. Germany
8.1.2.3.2. U.K.
8.1.2.3.3. France
8.1.2.3.4. Italy
8.1.2.3.5. Spain
8.1.2.3.6. Russia
8.1.2.3.7. Rest of Europe
9. Asia
Pacific Air Conditioner Brackets Market: Estimates & Forecast Trend
Analysis
9.1. Asia Pacific Market Assessments & Key Findings
9.1.1. Asia Pacific Air Conditioner Brackets Market
Introduction
9.1.2. Asia Pacific Air Conditioner Brackets Market
Size Estimates and Forecast (US$ Million) (2023 to 2033)
9.1.2.1. By Type
9.1.2.2. By Application
9.1.2.3. By Country
9.1.2.3.1. China
9.1.2.3.2. Japan
9.1.2.3.3. India
9.1.2.3.4. Australia
9.1.2.3.5. South Korea
9.1.2.3.6. ASEAN
9.1.2.3.7. Rest of Asia Pacific
10. Middle East &
Africa Air Conditioner Brackets Market: Estimates & Forecast Trend
Analysis
10.1. Middle East & Africa Market Assessments & Key
Findings
10.1.1. Middle East & Africa Air Conditioner Brackets Market
Introduction
10.1.2. Middle East & Africa Air Conditioner Brackets Market
Size Estimates and Forecast (US$ Million) (2023 to 2033)
10.1.2.1. By Type
10.1.2.2. By Application
10.1.2.3. By Country
10.1.2.3.1. U.A.E.
10.1.2.3.2. Saudi Arabia
10.1.2.3.3. Egypt
10.1.2.3.4. South Africa
10.1.2.3.5. Rest of Middle East & Africa
11. South America Air
Conditioner Brackets Market: Estimates & Forecast Trend Analysis
11.1. South America Market Assessments & Key Findings
11.1.1. South America Air Conditioner Brackets Market Introduction
11.1.2. South America Air Conditioner Brackets Market Size
Estimates and Forecast (US$ Million) (2023 to 2033)
11.1.2.1. By Type
11.1.2.2. By Application
11.1.2.3. By Country
11.1.2.3.1. Brazil
11.1.2.3.2. Argentina
11.1.2.3.3. Colombia
11.1.2.3.4. Rest of South America
12. Competition
Landscape
12.1. Global Air Conditioner Brackets Market Competition Matrix
& Benchmarking, by Leading Players / Innovators / Emerging Players / New
Entrants
12.2. Global Air Conditioner Brackets Market Concentration &
Company Market Shares (%) Analysis, 2022
13. Company
Profiles
13.1. Belkin
13.1.1. Company Overview & Key Stats
13.1.2. Financial Performance & KPIs
13.1.3. Product Portfolio
13.1.4. Business Strategy & Recent Developments
* Similar details would be provided for all the players mentioned
below
13.2. DiversiTech Corporation
13.3. RectorSeal
13.4. Thermwell Products
13.5. Qualward
13.6. Jeacent
13.7. Ashish International
13.8. Fschangze
13.9. Others**
14. Research
Methodology
14.1. External Transportations / Databases
14.2. Internal Proprietary Database
14.3. Primary Research
14.4. Secondary Research
14.5. Assumptions
14.6. Limitations
14.7. Report FAQs
15. Research Findings & Conclusion
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One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
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Business Solution
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Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
The global air conditioner brackets market was valued at USD 1,510 million in 2022 and is estimated to reach a value of USD 2,170 by 2033 with a CAGR of 4.5% during the forecast period.
The need for air conditioners in residential and commercial buildings has contributed to the expansion of this market.
Some of the major players operating within the market are Belkin, DiversiTech Corporation, RectorSeal, Thermwell Products, Qualward, Jeacent, Ashish International, Fschangze, and others.
The Middle East region has a significant demand for air conditioner brackets, as the climate in the region is hot and humid, making air conditioning systems essential for residential, commercial, and industrial applications.
Only Three Thousand Four Hundred Ninety Nine US dollar
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