India Air Conditioner Market Outlook (2022-2028) | Report, Size, Share & 6Wresearch

 India Air Conditioner Market Synopsis

India air conditioner market is growing at a significant rate over the past few years owing to the 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. Additionally, growth in the construction market and increasing government spending towards public infrastructure have further spurred the air conditioner market in the country.

According to 6Wresearch, India Air Conditioner Market revenue size is projected to grow at a CAGR of 16.1% during 2022-2028. India's Air Conditioner market is highly competitive and fragmented with the presence of domestic, and international market participants. The market is broadly divided into four segments. Room air conditioners dominate the market across all segments due to the strengthening of the residential sector, the rising construction of new housing societies along with the establishment of SMEs. Additionally, growth in the number of construction projects across metro & tier-2 cities would further increase the demand for room air conditioners in the country in the coming years. In terms of market segment by room types, split air conditioners held the largest share both in revenue as well as in volume in the year 2021 due to the reduction in the price gap in comparison to the window air conditioners and the rising adoption in the residential and SME sectors.

Key Highlights of the Report

  • SWOT Analysis
  • Market Opportunity Assessment
  • Market Player’s Revenue Shares
  • Historical Data and Forecast of India Air Conditioner Revenues for the Period 2018-2028F
  • Historical Data and Forecast of India Air Conditioner Revenues, By VRF for the Period 2018-2028F
  • Market Drivers, Restraints and Trends
  • Market Trends and Industry Life Cycle
  • Market Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

About Us-

6Wresearch is the premier, one-stop market intelligence and advisory centre, known for its best-in-class business research and consulting activity. We provide industry research reports and consulting services across different industries and geographies which provide industry players with in-depth coverage and help them in decision-making before investing or entering into a particular geography.

Contact Us: Phone: +911143024305 | Email Id: sales@6wresearch.com

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