Portable ACs or
portables are self-contained portable appliances that cool the air in a single
room or moderately sized space. A portable AC provides effective cooling to
spaces without access to central AC or areas that simply need supplemental
cooling. Simple installation and mobility make portables a popular choice for
cooling homes, offices, basements, and computer rooms. Its principal
application is in cooling computers, servers, telephone equipment, and various
electronic equipment consoles spread throughout the workplace.
Analysts forecast
the Portable
AC market in the US will grow
at a CAGR of 3.2 percent over the period 2013-2018.
The Report
recognizes the following companies as the key players in Portable AC Market in
the US: Carrie, Daikin, Haier, LG, Electrolux, Denso, Friedrich Air
Conditioning, Whynter.
The Portable AC
market scenario has changed dramatically because of the formation of strategic
alliances, mergers, and acquisitions of smaller companies. This has become a
common phenomenon as it helps companies gain a competitive advantage over other
vendors. The acquisition of Goodman, a major residential HVAC player in the US
by Daikin, is one example. It helped Daikin to strengthen its position in the
market and remain a market leader. Such mergers and acquisitions are making the
market more competitive. Industry consolidation also helps vendors acquire
cutting-edge technology and gain technical know-how for product innovation and
process improvements. Many companies are diversifying their businesses by
entering new segments. These strategies help them to dominate the domestic
market and establish their brand presence in the US.
Covered in this Report
This report covers
the present scenario and the growth prospects of the Portable AC market in the
US for the period 2014-2018. To calculate the market size, the report takes
into account the revenue generated from sales of portable ACs in both the Residential
and Commercial segments.
Portable AC Market
in the US 2014-2018, has been prepared based on an in-depth market analysis with
inputs from industry experts. The report focuses on the Portable AC market
landscape in the US and its growth prospects in the coming years. The report
also includes a discussion of the key vendors operating in this market.
According to the
report, the Portable AC market in the US is driven by many growth factors, one
of which is a high demand for spot cooling in different situations. The ability
of portable ACs to cool off isolated areas within large spaces such as
warehouses, server rooms, and manufacturing workplaces is the biggest driver
for the market. Other properties such as quick and easy installation, no
special power requirements, and mobility are making them popular.
Further, the report
states that one of them is the growing market for split ACs in the US. Splits
are becoming popular in the US because of their increased availability and
popularity. Split AC vendors are introducing new, advanced, and innovative
models, which are competing with the portables.
