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India Air Conditioner Market (2017-2023): Forecast by AC Types, Applications, Regions, and Competitive Landscape
2017/08/22
August 2017
India Air Conditioner Market (2017-2023): Forecast by AC Types (Window AC, Split AC, Floor Standing, Cassette Type, Packaged, Ducted Split/Ceiling Concealed, Centralized (Chiller, VRF and AHU/FCU)), Applications (Residential, Commercial & Retail Buildings, Government & Transportation, Hospitality and Others), Regions (Northern, Eastern, Western and Southern) and Competitive Landscape
 
India air conditioner market is buoyed by several factors such as rising disposable income, growing concerns for energy efficiency, surging construction activities, and emergence of mega infrastructure with rising investments in the country. Also, growing retail and hospitality sectors, rising construction activities in the areas of airports, metros, and increasing establishment of SMEs and commercial hubs have fueled the market of air conditioner in India. Moreover, the Government’s initiatives such as “Housing for All by 2022” which would lead to higher urban development over the coming years is expected to generate additional demand for air conditioners.
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