Dallas, Texas (PRWEB) July 20, 2014
The Portable AC market scenario has changed dramatically because of the formation of strategic alliances, mergers, and acquisitions of smaller companies. This has become a common phenomenon as it helps companies gain a competitive advantage over other vendors. The acquisition of Goodman, a major residential HVAC player in the US by Daikin, is one example. It helped Daikin to strengthen its position in the market and remain a market leader. Such mergers and acquisitions are making the market more competitive. Industry consolidation also helps vendors acquire cutting-edge technology and gain technical know-how for product innovation and process improvements. Many companies are diversifying their businesses by entering new segments. These strategies help them to dominate the domestic market and establish their brand presence in the US.
According to the report, the Portable AC market in the US is driven by many growth factors, one of which is a high demand for spot cooling in different situations. The ability of portable ACs to cool off isolated areas within large spaces such as warehouses, server rooms, and manufacturing workplaces is the biggest driver for the market. Other properties such as quick and easy installation, no special power requirements, and mobility are making them popular.
This report covers the present scenario and the growth prospects of the Portable AC market in the US for the period 2014-2018. To calculate the market size, the report takes into account the revenue generated from sales of portable ACs in both the Residential and Commercial segments.
The Portable AC Market in the US 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the Portable AC market landscape in the US and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in Portable AC Market in the US: Carrie, Daikin, Haier, LG, Electrolux, Denso, Friedrich Air Conditioning, Whynter.
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Key Market Driver
- Spot Cooling Requirements
Key Market Challenge
- Government Regulations and Standards
Key Market Trend
- Industry Consolidation
Further, the report states that one of them is the growing market for split ACs in the US. Splits are becoming popular in the US because of their increased availability and popularity. Split AC vendors are introducing new, advanced, and innovative models, which are competing with the portables.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Portable AC Market in the US 2013-2018 (US$ million)
Exhibit 3: Real GDP of the US 2006-2013 (US$ trillions)
Exhibit 4: Business Hierarchy of UTC and Position of Carrier
Exhibit 5: Business Segmentation of Carrier
Exhibit 6: Business Segmentation of Daikin
Exhibit 7: Business Segmentation of Haier
Exhibit 8: Business Segmentation of LG
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