Market reports on India presents the latest report on “Research Report on India Air Cooling systems
Market Outlook, 2021”
http://www.marketreportsonindia.com/consumer-goods-market-research-reports-13542/india-air-cooling-systems.html The market is mainly driven by the increasing demand of room air conditioners, branded air coolers and ceiling fans in residential areas.
15tn Jan 2015, – Navi Mumbai, India: Market reports on India presents the latest report on “Research
Report on India Air Cooling systems Market Outlook, 2021”. The market size in value terms of the
fans category is quite large and it is the largest selling item in the brown goods category.
India air cooling systems market is divided into three parts viz. air conditioning, air cooler and fan. According to India Air Cooling Systems Market Outlook, 2021, India’s air cooling systems market was growing with a CAGR of 9.48% over a period of five years. Growing urbanization is fuelling the construction of retail, hospitality and commercial properties and, in turn, expanding the market for air cooling systems in India. The market is mainly driven by the increasing demand of room air conditioners, branded air coolers and ceiling fans in residential areas. As a result of the growing momentum towards smart cities, it is expected that the demand for air cooling systems will continue to grow.
The India air conditioning market consists of a range of product categories such as central plant systems, VRF systems, packaged/ducted systems as well as room air conditioners. Room air conditioners account for majority of the market share, followed by central plant, duct and VRF systems. The TATA owned Voltas has taken the top slot in the air conditioning market followed by Daikin and LG. The AC business is split into multiple segments: Room air-conditioners that are sold through multi-brand retailers and dedicated dealerships; Variable Refrigerant Volume (VRV) and duct ACs, which are used in commercial.