Outdoor Air Conditioner Market Size - By Application (frequency conversion, constant frequency), By Type (outdoor work, outdoor leisure) & Region – Forecasts By -2030
- PUBLISHED ON
- 2024-03-07
- NO OF PAGES
- 259
- CATEGORY
- Electronics & Communication
Outdoor Air Conditioner Market is expected to grow at a considerable rate by 2030, with a growing CAGR (Compound annual growth rate) of over form 2022-2030.
Due to rising temperatures brought on by global warming, air conditioners are becoming more and more necessary rather than a luxury, which is driving the global demand for them. Air conditioners are needed in both residential and business settings.
The increased demand for air conditioners is therefore driving the market's expansion due to growing consumer awareness of energy-efficient cooling systems that not only help reduce electricity bills but are also environmentally sustainable and come with air filters to improve air quality.
A key factor driving the market's growth is the availability of air conditioners in a variety of sizes and designs, as well as rising purchasing power and disposable incomes.
Outdoor Air Conditioner Market- Key trends
Increase in the average spending power of consumers in major economies will drive the market expansion
The consumer durables market has also flourished as a result of rising consumer spending power across major nations. The middle class and lower income groups in growing and densely populated nations like India and China have seen their income levels rise, which has in turn increased expenditure on convenience and comfort. In the underserved markets, this development has turned out to be a promising future for the air conditioning sector.
Stringent regulations for emission control are being adopted worldwide will help the market growth
All around the world, strict emission control measures are being imposed. The makers of air conditioning units are spending money on research and development projects to create and implement new technologies for lowering the emission level from the units.
Outdoor Air Conditioner Market- Segmental assessment
By type
• Frequency conversion
• Constant frequency
• Others
By application
• Outdoor work
• Outdoor leisure
• Others
Outdoor Air Conditioner 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.
Outdoor Air Conditioner Market- Competitive landscape
The prominent companies defining the competitive terrain of this marketplace are Vertiv, Envicool, Canatal, Airsys, YMK, Gree, Guangdong Shenling, Stulz, Renovoair, Hisense, Guangdong Jirong, iTeaQ, and others.
Report scope
Global Outdoor Air Conditioner Market: Historical Years- 2018-2021
Global Outdoor Air Conditioner Market: Forecast Years- 2022-2030
Key segments covered-
1) By application (frequency conversion, constant frequency, and others).
2) By type (outdoor work, outdoor leisure, and others).
Major regions and countries reported-
1) North America (U.S., Canada, and Mexico)
2) South America (Brazil, Argentina, and Colombia)
3) Europe (Germany, U.K., France, Italy, Spain, and Russia)
4) Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
5) Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)
1.
Global Outdoor Air Conditioner
Market Introduction and Market Overview
1.1. Objectives
of the Study
1.2. Outdoor Air Conditioner Market
Definition & Description
1.3. Global
Outdoor Air Conditioner Market Scope and Market Estimation
1.3.1. Global
Outdoor Air Conditioner Overall Market Size, Revenue (US$ Mn), Market CAGR (%),
Market forecast (2023-2033)
1.3.2. Global
Outdoor Air Conditioner Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033
1.4. Market
Segmentation
1.4.1. Equipment
Type of Global Outdoor Air Conditioner Market
1.4.2. Application
of Global Outdoor Air Conditioner Market
1.4.3. Region
of Global Outdoor Air Conditioner Market
2.
Executive
Summary
2.1. Global
Outdoor Air Conditioner 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 Outdoor
Air Conditioner 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
Outdoor Air Conditioner Market Estimates & Historical Trend Analysis (2020 -
2022)
4.
Global
Outdoor Air Conditioner Market Estimates & Forecast Trend Analysis, by Type
4.1. Global
Outdoor Air Conditioner Market Revenue (US$ Mn) Estimates and Forecasts, by Product
Type, 2023 to 2033
4.1.1. Frequency
conversion
4.1.2. Constant
frequency
5.
Global
Outdoor Air Conditioner Market Estimates & Forecast Trend Analysis, by Application
5.1. Global
Outdoor Air Conditioner Market Revenue (US$ Mn) Estimates and Forecasts, by Installation,
2023 to 2033
5.1.1. Outdoor
work
5.1.2. Outdoor
leisure
6.
Global
Outdoor Air Conditioner Market Estimates & Forecast Trend Analysis, by Region
6.1. Global
Outdoor Air Conditioner 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 Outdoor Air Conditioner Market: Estimates & Forecast Trend Analysis
7.1. North
America Outdoor Air Conditioner Market Assessments & Key Findings
7.1.1. North
America Outdoor Air Conditioner Market Introduction
7.1.2. North
America Outdoor Air Conditioner 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 Outdoor Air Conditioner Market: Estimates & Forecast Trend Analysis
8.1. Europe
Outdoor Air Conditioner Market Assessments & Key Findings
8.1.1. Europe
Outdoor Air Conditioner Market Introduction
8.1.2. Europe
Outdoor Air Conditioner 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 Outdoor Air Conditioner Market: Estimates & Forecast Trend Analysis
9.1. Asia
Pacific Market Assessments & Key Findings
9.1.1. Asia
Pacific Outdoor Air Conditioner Market Introduction
9.1.2. Asia
Pacific Outdoor Air Conditioner 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 Outdoor
Air Conditioner Market: Estimates &
Forecast Trend Analysis
10.1. Middle
East & Africa Market Assessments & Key Findings
10.1.1. Middle East & Africa Outdoor
Air Conditioner Market Introduction
10.1.2. Middle East & Africa Outdoor
Air Conditioner 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 Outdoor
Air Conditioner Market: Estimates &
Forecast Trend Analysis
11.1. South
America Market Assessments & Key Findings
11.1.1. South
America Outdoor Air Conditioner Market Introduction
11.1.2. South
America Outdoor Air Conditioner 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
Outdoor Air Conditioner Market Competition Matrix & Benchmarking, by
Leading Players / Innovators / Emerging Players / New Entrants
12.2. Global
Outdoor Air Conditioner Market Concentration & Company Market Shares (%)
Analysis, 2022
13. Company
Profiles
13.1. Vertiv
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. Envicool
13.3. Canatal
13.4. Airsys
13.5. YMK
13.6. Gree
13.7. Guangdong Shenling
13.8. Stulz
13.9. Renovoair
13.10. Hisense
13.11. Guangdong Jirong
13.12. iTeaQ
13.13. 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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Case Study- Automotive Sector
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).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
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Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
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.
Frequently Asked Questions
What is the market size and growth projections?
The Global Outdoor Air Conditioner Market is expected to grow at a considerable rate by 2030, with a growing CAGR (Compound annual growth rate) of over form 2022-2030.
What are the drivers shaping various markets?
Increase in the average spending power of consumers in major economies will drive the market expansion. The consumer durables market has also flourished as a result of rising consumer spending power across major nations.
Who are the key competitors of market Players?
Some of the major players operating within the market 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.
What are the top performing segments, and countries / regions of each of the markets?
North America is projected to capture a substantial revenue share over 2022-2030.
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