According to the report, The emergence of Solar and Inverter System Air Conditioner is one of the primary growth factors for the market. Growth in Disposable Income
is also expected to contribute significantly to the Portable Air Conditioner market. Overall, Residential
applications of Portable Air Conditioner, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Sales Channel, such as Online, is boosting the Portable Air Conditioner market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Portable Air Conditioner market identified that the demand is rising in many different parts of the world as "The Emerging Demand from Developing Regions Due to Increased Affordability of Individuals". Furthermore, some recent industry insights like "On 9 March 2018, De’Longhi, a renowned global brand of portable heating and cooling, announced the expansion of its successful home comfort product portfolio with a collection of portable air conditioners and bathroom heaters that deliver the ultimate in true comfort across all seasons. The expanded suite of home comfort products includes NEW additions to the popular Pinguino EX Series Portable Air Conditioner line with models featuring heating functions, antibacterial Biosilver filters, Whisper Cool technology, and new colors options: black, white and light gray to fit any design aesthetic." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Portable Air Conditioner market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Portable Air Conditioner market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.