February 05, 2018
DUBLIN--(BUSINESS WIRE)--The "India Air Conditioner Market Overview 2017-2022" report has been added to ResearchAndMarkets.com’s offering.
In India, electric fans have been a major source of cooling from last so many decades. However with growing disposable incomes and rising temperature, urban people are now shifting towards air conditioners.
Air conditioners are divided into two segments based on their application i.e. residential and commercial:
Residential or room air conditioners are further sub-divided into window air conditioners and split air conditioners. Spilt air conditioners are popular in India whereas the market for window ACs is fast disappearing.
In commercial segment, light commercial air conditioners, ducted & packaged, VRF and chillers are the various product types. Along with residential sector, commercial segment is also catching up with the increase in demand of commercial plots, offices, stores, factories and business apartments.
Air conditioners with built in air purifiers seem to be the future of urban India due to rising pollution levels in metropolitans. Moreover, increasing awareness regarding inverter technology is propelling consumers as well as manufacturers to shift from standard split air conditioners to inverter ACs. Going forward, consumers will majorly prefer energy-efficient air conditioners due to rising energy prices in the country.
Key Topics Covered:
1. Executive Summary
2. Global Air Conditioner Market Outlook
Market Size By Value
Market Size By Volume
3. India Air Conditioner Market Outlook
Market Size By Value
Market Size By Volume
Market Share By Segment
India Residential/Room Air Conditioner Market Outlook
India Commercial Air Conditioner Market Outlook
4. Company Profiles
Voltas Limited
Daikin Airconditioning India Private Limited
LG Electronics India Private Limited
Samsung India Electronics Private Limited
Johnson Controls-Hitachi Air Conditioning India Limited.
Source: www.businesswire.com