India Air Conditioner Market Overview
India Air Conditioner Market is anticipated to project substantial growth during the upcoming period on account of growing retail and hospitality sectors, rising construction activities across airports, metros, and new housing societies along with the increasing establishment of SMEs and commercial hubs fueled the growth of the India ac market. Additionally, growth in the construction market and increasing government spending on public infrastructure would further enhance India Air Conditioner Market Share forecast revenues over the coming years. Though the prices of air conditioners are increasing in India, however, companies are offering various kinds of schemes such as EMI and seasonal discounts which are attracting a middle-class population of the country.
According to 6Wresearch, India air conditioner market size is projected to grow at a CAGR of 12.2% during 2018-2024. India's air conditioner market is highly competitive and fragmented with the presence of domestic, international, and unorganized market participants. Surging disposable income especially among middle class is adding to the development of the Air Conditioner Market in India in 2018.
Market Analysis by Types
India AC market is broadly divided into seven segments, within that split air conditioner segment dominates the market and would continue to lead throughout the forecast period. The demand for these air conditioners is primarily grown in the residential market. The VRF/VRV segment is also gaining popularity in the market. In India, the Northern region has captured a major Air conditioner market share in India followed by the Southern and Western regions.
Key Highlights of the Report:
- India Air Conditioner Market Overview
- India Air Conditioner Market Outlook
- India Air Conditioner Market Share, By Players
- India Air Conditioner Market Trends and Developments
- India Air Conditioner Market Overview on Competitive Landscape
- Company Profiles.
- Historical & Forecast data of India Window AC Market Revenue & Volume for the Period, 2014-2024F.
- Historical & Forecast data of India Split AC Market Revenue & Volume for the Period, 2014-2024F.
- Historical & Forecast data of India Centralized AC Market Revenue for the Period, 2014-2024F.
- India Air Conditioner Market Drivers and Restraints.
Strategic Recommendations. - Historical & Forecast data of India Floor Standing AC Market Revenue & Volume for the Period, 2014-2024F.
- Historical & Forecast data of India Cassette AC Market Revenue & Volume for the Period, 2014-2024F.
- Historical & Forecast data of Global Air Conditioner Market for the Period, 2014-2024F.
- India Air Conditioner Market Size and India Air Conditioner Market Forecast of Revenues for the Period, 2014-2024F.
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