China Air Conditioner (AC) Market (2021-2027) | Report, Size & Share

Posted By : 6wresearch on 2022-06-27   13:01:21    India
  Air Conditioner Market China Air Conditioner Market China Air Conditioner Market Revenues China Air Conditioner Market Share China Air Conditioner Market Size China Air Conditioner Market Outlook China Air Conditioner Market Report China AC Market China Air Conditioner Market Overview China Air Conditioner Market Trends China Air Conditioner Market Forecast

Description

China Air Conditioner Market Overview

China Air Conditioner Market is anticipated to project substantial growth during the forecast period owing to the rising disposable income. The rise in per capita income has led to the increase in the standard of living, further beholds the growth of the market. Additionally, expansion of residential, commercial and industrial sector backed by rising migration is driving the need for temperature regulation further driving the growth of the market.

According to 6Wresearch, China AC Market size is projected to grow at a CAGR of 7.6% during 2021-2027. China occupies 20th position in terms of the market size in the APAC Air Conditioner Market. Increasing adoption of air conditioner as necessity instead of luxury is propelling the growth of the market. Additionally, the market is also driven by the factors such as strengthening of hospitality and tourism sector. Establishment of hotels, restaurant and malls drives the increasing growth of Air Conditioner market in China. The outbreak of COVID-19 has hampered the growth of the market on account of temporary shutting down of manufacturing units and retail stores. The nationwide lockdown led to the pause on regular operations further led to the disruption in the growth of the market.

Market Analysis by Type

In terms of market by types, Room Air Conditioner dominates the market and is expected to remain in a dominant position in the coming years. However, Centralized Air Conditioner is expected to have the fastest growth rate among all types.

Key Highlights of the Report:

  • China Air Conditioner Market Outlook
  • China Air Conditioner Price Trends
  • China Air Conditioner Market Drivers and Challenges
  • China Air Conditioner Porter's Five Forces
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • China Air Conditioner Industry Life Cycle
  • China Air Conditioner Top Companies Market Share
  • China Air Conditioner Company Profiles
  • China Air Conditioner Key Strategic Recommendations
  • China Air Conditioner Market Trend Evolution
  • China Air Conditioner Import Export Trade Statistics

About Us-

6Wresearch is the premier, one-stop market intelligence and advisory center, 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 an 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




About Author

6wresearch delhi India
6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography. Our Research Process Outsourcing (RPO) division enables our client to reduce their cost by outsourcing their research needs and focusing on their core competency.

Related Stories

Smart business Insura

2022-08-09 Finance
nikkwilliam

Smart business Insurance Companyis an Australian multinational Company whose subsidiaries provide insurance. They p ...

Read More

Best quality Hawaii y

2022-08-09 Travel
pcknautical

Get the best Boat rental in Hawaii for your next trip. Hondo has comfortable indoor and outdoor seating to enjoy th ...

Read More

6 Reasons Why Video M

2022-08-09 Business
goodfellasstudio

Video Marketing has brought about a new revolution in the market. As per the statistics, 63% of businesses have sta ...

Read More
You Need Login to Comment !