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Analysis of Indian Air Management (Cooling) Solutions Market, Forecast to FY2026
Analysis of Indian Air Management (Cooling) Solutions Market, Forecast to FY2026
Growing Indian Economy Contributing to Industrial, Retail and Social Infrastructure Growth Drives the Demand for Air Management Systems
18-Nov-2019
South Asia, Middle East & North Africa
$4,950.00
Special Price $3,712.50 save 25 %
Description
The market for air management (cooling) systems in India is worth ? 30,921.5 Cr. It is driven by rising disposable incomes, increasing global temperatures and a booming economy fuelling retail and Industrial growth. Some of the challenges faced by this industry are increasing tariffs and the impenetrability of the rural market characterised by low-income households. Nevertheless, the market is expected to reach ? 74,290.4 Cr in FY2026, registering a CAGR of 13.3%.
This study provides an analysis of the growth potential of the market, market concentration and the competitive environment. It also presents a market segment analysis, market trends, growth opportunities available to existing players/new entrants and revenue forecasts. Product segments covered are residential cooling systems, light commercial cooling systems and commercial cooling systems. The geographic coverage is confined to the Indian market.
Voltas dominates the Indian air management (cooling) systems market, with Daikin and Blue Star being the other key players. The Northern region dominates with a contribution of 31.0% to the total revenue, followed by the Southern region.
Key trends observed are that high walls contribute the highest share, at 71.4% of the total market revenues and will continue to dominate the market throughout the period of this study. Further, social infrastructure development is likely to be the key demand driver for air management systems. While energy efficiency and Internet of Things (IoT) enabled connectivity are the game changers for urban consumers, plug-and-play models are the best way to garner rural market share. GPS connectivity for greater control and solar-powered ACs are the innovative solutions urban consumers look for.
Retail boom and industrial growth are likely to contribute to the growth of other product segments like Cassette AC, VRF systems and chillers. Critical factors contributing to success include having products at affordable price points, increasing brand awareness while tapping into the market for modernisation and upgrades through appropriate promotions, improving response time in installations and repairs, focussing on product innovation and strengthening the distribution network.
Urbanisation and digitalisation are the two key mega trends to watch out for as both social infrastructure and digital infrastructure contribute to the demand. Mass adoption of cooling systems by late majority and laggards is likely within the next 2 decades driven by increasing temperatures and rising incomes. Higher disposable incomes and growing GDP are the key indicators of growth in the air management systems market.
Table of Contents
Key Findings
Market Engineering Measurements
Market Engineering Measurements (continued)
CEO’s Perspective
Market Definitions
Key Definitions
Key Definitions (continued)
Key Questions This Study Will Answer
Market Segmentation
Market Segmentation of Room Air Conditioners by Variant Type
Market Distribution Channels
Distribution Network of Leading OEMs
Market Drivers
Drivers Explained
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Restraints Explained (continued)
Market Engineering Measurements
Market Engineering Measurements (continued)
Forecast Assumptions
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Pricing Trends and Forecast
Pricing Trends and Forecast Discussion
Pricing Trends and Forecast Discussion (continued)
Technology Trends
Percent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast Discussion by Region
Percent Revenue Forecast by Vertical Market
Revenue Forecast by Vertical Market
Revenue Forecast Discussion by Vertical Market
Market Share and Competitive Analysis—Total Air Management (Cooling) Solutions Market
Market Share
Market Share Analysis
Competitive Environment
Top 5 Competitors
Top 5 Competitors (continued)
Competitive Factors and Assessment
Growth Opportunity 1—Rural Market Penetration
Growth Opportunity 2—Tapping the Renovation and Modernisation Market
Growth Opportunity 3—Product Innovation
Growth Opportunity 4—Connectivity
Strategic Imperatives for Success and Growth
Mega Trends’ Impact on the Air Management (Cooling) Solutions Market
Urbanistion and Smart City Initiatives are likely to Propel the Demand for Air Management (Cooling) Solutions—Explained
Digitalisation is a catalyst in driving the demand for cooling systems.
High Walls—Split AC (Non-Inverter) Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Residential—High Walls: Inverter AC Segment Analysis
High Walls—Inverter AC Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Residential—Window AC Segment Analysis
Window AC Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Light Commercial—Cassette AC Segment Analysis
Cassette AC Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Floor/Ceiling Consoles Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Tower AC Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Ducted AC Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
VRF Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Chillers Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Packaged Air conditioning Systems Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Commercial—Airside Units Segment Analysis
Airside Units Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Northern Region—Key Findings
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Southern Region—Key Findings
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Western Region—Key Findings
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Eastern Region—Key Findings
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Hospitality Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Offices Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Retail Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Government Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Industrial Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Healthcare Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Residential Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
Others Segment Key Findings
Market Engineering Measurements
Unit Shipment and Revenue Forecast
Unit Shipment and Revenue Forecast Discussion
The Last Word—3 Big Predictions
Legal Disclaimer
Market Engineering Methodology
List of Companies in “Others”
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Related Research
| No Index | No |
|---|---|
| Podcast | No |
| Author | Rajalingam Chinnasamy |
| Industries | Environment |
| WIP Number | K3BF-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9343-A4 |