Lewes, DE -- (SBWIRE) -- 07/17/2018 -- The worldwide market for Portable Air Conditioning System is expected to grow at a CAGR of roughly 7.1% over the next five years, will reach 1030 million US$ in 2023, from 680 million US$ in 2017, according to a new study.

Portable air conditioners are a device to modify the condition of air (heating, cooling, but mainly cooling). Perfect for a variety of cooling situations, portable air conditioners are great alternatives to traditional air conditioning systems because they're compact, mobile, and require no permanent installation. Moreover, because they're usually used to cool only certain parts of a home or as a supplement to central air conditioners, they can be much more cost-effective to run. Portable air conditioners use refrigerants to reduce the temperature. During the cooling process, moisture is condensed out of the air and collected in a drain bucket or exhausted out through a drain hose or evaporated out the exhaust. The heating system uses PTC heating technology, fast heat transfer, high efficiency, and low power consumption.

Scope of the Report:
This report focuses on the Portable Air Conditioning System in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The Europe and North America regions are the major consumer in the market, as its cooling capacity matches with the environmental conditions of these regions. The global leading players in this market are DeLonghi, JMATEK, and Electrolux, which accounts for 42.35% of total revenue in 2015.

The portable air conditioner is mainly used in factories & warehouses, equipment & server rooms, medical & hospitals, and residential care facilities & apartment communities. The application market share of residential care facilities & apartment communities is up to 76.09% .

Currently, a major challenge affecting the market growth is the power consumption by portable air conditioner, which is higher as compared to other electrical appliances. However, this is in turn increasing the demand and scope for energy-efficient models. Also, the carbon emission associated with usage of portable air conditioner is further deterring market growth and is expected to have significant impacts in the future, if not addressed properly. This is mainly because of increased focus on reducing greenhouse gas emission and signing of many relevant global treaties and agreements like the Kyoto protocol and Montreal protocol.

Some of the factors supporting growth of the portable air conditioner market worldwide include replacement need in developed regions, such as North America and Europe, growing awareness about energy-efficient and eco-friendly products, and increasing demand for technologically advanced portable air conditioning with sensible cooling. In addition, improvements in housing construction design and rise in number of building permits, particularly for commercial infrastructures, is aiding the growth of the portable air conditioner market. Increase in the total spending across different industry verticals is expected to support the acceptance of packaged air-conditioning systems and drive the demand in the coming few years.

The worldwide market for Portable Air Conditioning System is expected to grow at a CAGR of roughly 7.1% over the next five years, will reach 1030 million US$ in 2023, from 680 million US$ in 2017, according to a new study.

Market Segment by Manufacturers, this report covers
DeLonghi
Airart
Electrolux
OlimpiaSplendid
Midea
LG
Haier
Suntec
Carrier
Whirlpool
NewAir
Whynter
Gree
Panasonic
Aux
Chigo

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Portable Air Conditioner For Small Room
Portable Air Conditioner For Medium Room
Portable Air Conditioner For Large Room

Market Segment by Applications, can be divided into
Equipment & Server Rooms
Factories & Warehouses
Medical & Hospitals
Residential Care Facilities & Apartment Communities

There are 15 Chapters to deeply display the global Portable Air Conditioning System market.
Chapter 1, to describe Portable Air Conditioning System Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Portable Air Conditioning System, with sales, revenue, and price of Portable Air Conditioning System, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Portable Air Conditioning System, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Portable Air Conditioning System market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Portable Air Conditioning System sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

Spanning over 147 pages "Forecast of Global Portable Air Conditioning System Market 2023" report covers Market Overview, Manufacturers Profiles, Global Portable Air Conditioning System Market Competition, by Manufacturer, Global Portable Air Conditioning System Market Analysis by Regions, North America Portable Air Conditioning System by Countries, Type, Application and Manufacturers, Europe Portable Air Conditioning System by Countries, Type, Application and Manufacturers, Asia-Pacific Portable Air Conditioning System by Countries, Type, Application and Manufacturers, South America Portable Air Conditioning System by Countries, Type, Application and Manufacturers, Middle East and Africa Portable Air Conditioning System by Countries, Type, Application and Manufacturers, Global Portable Air Conditioning System Market Segment by Type, Global Portable Air Conditioning System Market Segment by Application, Portable Air Conditioning System Market Forecast (2018-2023), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.

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