India Air Conditioning Market Size, Share 2020, Impressive Industry Growth Report 2027


Posted August 26, 2021 by danishahmed

India air conditioning market is forecast to grow at one of the highest CAGR of 6.8% during the forecast period.
 
India air conditioning market is forecast to grow at one of the highest CAGR of 6.8% during the forecast period. Hot climatic conditions, increasing urbanization, expanding the middle-class population, and increasing per capita disposable income are some of the major factors that are contributing to the market growth. The air conditioning market accounts for around 60% of the total electricity load in hot climates on summer days, especially in metropolitan cities of the country such as Delhi. Furthermore, there is a requirement of more power plants, in order to meet the growing power demand, which in turn, increases the CO2 emissions in the country. All these factors are shifting the attention of the major population towards energy-efficient air-conditioning systems and motivating the market. Moreover, the rising adoption of solar energy in the country is reducing the cost of electricity production which will also motivate people to adopt air conditioners in the country.
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The market study is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. In the report, the analysis of the country is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to brings authenticity to the reports.
Secondary Sources Include
l Financial reports of companies involved in the market.
l White papers, research-papers, and news blogs.
l Company websites and their product catalog.
The report is intended for AC manufacturers, AC component manufacturers, automobile companies, chemical companies, government organizations, venture capitalists for the comprehensive market analysis. The report provides an in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
 A Full Report of Global India Air Conditioning Market is Available at: https://www.omrglobal.com/industry-reports/india-air-conditioning-market
Company Profiles
l Daikin Industries Ltd.
l Gree Electric Appliances Inc.
l Guangdong Chigo Air Conditioning Co., Ltd.
l Haier Electronics Group Co. Ltd.
l Johnson Controls International PLC
l Midea group
l TCL Air Conditioner Zhongshan Co. Ltd.
l United Technologies Corp.
l Xiaomi Corp.
 Market- Segmentation
India Air Conditioning Market by Application
l Residential
l Commercial
l Industrial
l Healthcare
l Institution
l Automotive
l Others
India Air Conditioning Market by Type
l Splits
l Rooftop
l Indoor Packaged
l Chillers
l VRF
l AHU/FCU
India Air Conditioning Market by Refrigerant Type
l HCFC
l HFC
l HFO
l Natural Refrigerant
Global Global India Air Conditioning Market- Segmentation
By Region
North America
· United States
· Canada
Europe
· Germany
· United Kingdom
· France
· Spain
· Italy
· Rest of Europe
Asia-Pacific
· China
· Japan
· India
· Rest of Asia-Pacific
Rest of the World
· Middle East & Africa
· Latin America
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· We cover more than 15 major industries, further segmented into more than 90 sectors.
· More than 120 countries are for analysis.
· Over 100+ paid data sources mined for investigation.
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: [email protected] Contact no: +91 780-304-0404
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Last Updated August 26, 2021