Room Air Conditioners Market in India, 2017

Room Air Conditioners Market in India, 2017

Increasing middle class incomes and availability of energy efficient variants to drive demand for RACs

RELEASE DATE
07-May-2018
REGION
South Asia, Middle East & North Africa
Research Code: 9AAD-00-1F-00-00
SKU: ES01025-SA-MR_21864

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Description

The Room Air Conditioners (RAC) Market in India, 2017 provides an outlook of the RAC industry, emerging trends in usage of technology, key regional trends and factors driving the market. The Indian economy is currently witnessing an upswing due to increased economic activities; rising household incomes and therefore enhanced purchasing power have moved products from the earlier luxury category to being essential today. Climate change has also played its part. Room Air Conditioners, an erstwhile luxury product is now becoming an essential product. Current penetration levels of RACs in India are low when compared to other major South Asian countries. This scope of growth is enticing major brands to focus on the India market. Inverter ACs with cost saving advantages are likely to grow at the highest CAGR followed by split ACs. Window ACs, on the other hand are no longer products of high focus with market size falling to 2% by 2022.
This Industry docket offers relevant competitive, regional and product insights and strategic pointers to enable informed decision-making.

Table of Contents

Scope & Limitations

GDP growth

Income Levels

Global Market Overview

Global Market Penetration by region

Advantage India

RACs Market Overview (1/2)

RACs Market Overview (2/2)

Drivers for the Indian RACs Market

RACs Market Segmentation by Type of Demand

RACs Market Segmentation by Variant

RACs Market Segmentation by End User

Challenges for the Indian RACs Market

Regional Analysis (1/3)

Regional Analysis (2/3)

Regional Analysis (3/3)

RACs Market Structure

Market Share Analysis

Competition Assessment of Key players

Mega Trends and their impact (1/2)

Mega Trends and their impact (2/2)

Evolution of RACs and Outlook

Trends in the Value Chain

Technology Trends

Decision Maker’s Spotlight (1/2)

Decision Maker’s Spotlight (2/2)

Maximize opportunities from existing products and markets; systematically explore new products, markets, including inorganic Opportunities

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Related Research
The Room Air Conditioners (RAC) Market in India, 2017 provides an outlook of the RAC industry, emerging trends in usage of technology, key regional trends and factors driving the market. The Indian economy is currently witnessing an upswing due to increased economic activities; rising household incomes and therefore enhanced purchasing power have moved products from the earlier luxury category to being essential today. Climate change has also played its part. Room Air Conditioners, an erstwhile luxury product is now becoming an essential product. Current penetration levels of RACs in India are low when compared to other major South Asian countries. This scope of growth is enticing major brands to focus on the India market. Inverter ACs with cost saving advantages are likely to grow at the highest CAGR followed by split ACs. Window ACs, on the other hand are no longer products of high focus with market size falling to 2% by 2022. This Industry docket offers relevant competitive, regional and product insights and strategic pointers to enable informed decision-making.
More Information
No Index No
Podcast No
Author Attaurrahman Ojindaram Saibasan
Industries Electronics and Sensors
WIP Number 9AAD-00-1F-00-00
Keyword 1 Room Air Conditioners
Is Prebook No
GPS Codes 9B14