United States Portable Air Conditioners Market, By Capacity (5,000-10,000 BTUs, 11,000-14,000 BTUs, Above 14,000 BTUs), By End Use (Residential, Commercial), By Distribution Channel (Multi Branded Stores, Supermarket & Hypermarket, Online, Exclusive Stores, Others (Distributors/Dealers, etc.), By Region, Competition Forecast and Opportunities, 2028F
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationUnited States Portable Air Conditioners Market, By Capacity (5,000-10,000 BTUs, 11,000-14,000 BTUs, Above 14,000 BTUs), By End Use (Residential, Commercial), By Distribution Channel (Multi Branded Stores, Supermarket & Hypermarket, Online, Exclusive Stores, Others (Distributors/Dealers, etc.), By Region, Competition Forecast and Opportunities, 2028F
United States Portable Air Conditioners Market Analysis and Size
Growing U.S.ges of portable air conditioner in industrial applications is driving the market growth. Rising advancement and innovations in the portable air conditioner is acting as a potential market driver for the market. Also, high spending on the home improvement such as interior designing, increasing the sales and profit of the players operating in the market.The major restraint impacting the North America portable air conditioner market is the high cost of product as well as high maintenance cost. Further, rising energy consumption and increasing electricity prices will also restraint the market growth.
The United States Portable Air Conditioners Market was valued at USD 14,499.88 million in 2022 and is expected to reach USD 19,540.84 million by 2030, registering a CAGR of 3.8% during the forecast period of 2023-2030. In North America, the household and personal care segment dominates the North America portable air conditioner market. This is because portable air conditionerare widely used in products like detergents, shampoos, and cosmetics for their gentle cleansing and foaming properties, driving high demand in this segment. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
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United States Portable Air Conditioner Market is witnessing robust growth owing to the rising popularity of portable air conditioners due to their easy installation and handling options. Moreover, the rising standard of living of consumers and rise in spending on household convenient products is further accelerating the demand for portable air conditioners in the country.
United States Portable Air Conditioner Market is witnessing robust growth owing to the rising popularity of portable air conditioners due to their easy installation and handling options. Moreover, the rising standard of living of consumers and rise in spending on household convenient products is further accelerating the demand for portable air conditioners in the country.
A portable air conditioner is a type of air conditioner that is relatively simple to move. It is a freestanding device that can be installed outside a window or a power outlet. Wheels connected to the bottom of portable models make it simple for moving them around as needed. The usage of portable air conditioners for spot cooling or in compact rooms is quite practical. Many individuals are compelled to purchase one for their area, particularly for an attic, small, isolated rooms, and home offices. Moreover, they are simple to set up, transport, and store.
Market Definition
Portable air conditioners are an easy-to-move, self-supporting unit that pull fresh air in, and removes heat and moisture and releases cooler air in the environment. Portable air conditioning units are suitable for cooling rooms under 500 Sq. ft. and therefore are mainly installed either in small commercial outlets or at residential units. The working of portable air conditioning units is works similarly compared to any other air conditioner. The main function is to pull in the room's air, condition it to set temperature by extracting the heat, and releasing the cooled air back into the room. It is used and beneficial for cooling various types of rooms with different category and capacity. It is used to cool hot spots for people, processes, or overheated equipment. Portable AC’s is widely used in various residential and commercial sectors.
With a rising awareness of the need of managing interior air quality, consumers are using air conditioning, and refrigeration systems more frequently. The rising demand for small, portable air conditioners which are easy to carry around is primarily driving the portable air conditioner market expanding sales.
Additionally, the growing demand for spot cooling in home and commercial settings is propelling portable air conditioner demand.
Increasing Trend of Tiny Homes is Driving the Market Growth
Many people now choose tiny homes since they are due to their compactness and minimized consumer spending on home maintenance due to growing residential construction costs. Tiny homes, usually under 400 square feet, stand out as a feasible solution to the housing affordability problem, the negative environmental effects of development, and the emissions produced by powering large living spaces. Global sales of tiny homes are expected to increase by USD 3.33 billion. More than 10,000 tiny dwellings are thought to exist in the US, and 700 more are expected to be constructed each year. Thus, owing to the smaller size of the house the consumers prefer using portable air conditioners instead of traditional window or split air conditioners as it hardly needs any additional installation that can be moved from one room to another.
Increase in Consumer Interest in Energy Optimization to Fuel the Market Growth
The U.S. Energy Information Administration (EIA) estimated that in 2021, the residential and commercial sectors of the U.S. consumed around 389 billion kilowatt-hours (kWh) of electricity for space cooling, equivalent to roughly 10% of the country's total power consumption. In 2021, the residential sector utilized roughly 235 billion kWh for cooling, which is equivalent to about 16% of all residential power usage and 6% of all U.S. electricity use. Additionally, the explicit guidelines that the local government implemented to cut down on energy usage. Additionally, as portable air conditioners use less electricity than stationary air conditioners, they will marginally cut energy consumption. Additionally, the conditions between energy supply and demand in all sectors will be improved by portable air conditioners, lowering the overall carbon footprint.
Unique Features are Boosting the Market Growth
The easy installation, handling, and maintenance of portable air conditioners, as well as their practical use have greatly fueled the expansion of the portable air conditioner industry worldwide. The portable air conditioner is a lightweight, portable appliance that anyone-from young children to senior citizens-can handle. Additionally, unlike traditional split or window air conditioners, portable air conditioners require little maintenance and feature built-in self-cleaning technology. The use of Bluetooth and Wi-Fi technology has also increased demand for portable air conditioners.
Market Segmentation
The United States Portable Air Conditioners Market is segmented based on capacity, end use, distribution channel. Based on capacity the market is segmented into 5,000-10,000 BTUs, 11,000-14,000 BTUs, and above 14,000 BTUs. Based on end use, the market is divided into residential and commercial. In the case of distribution channel, the market is fragmented into multi branded stores, supermarkets & hypermarkets, online, exclusive stores, and others that include distributors/dealers, etc. Based on region, the market is segmented into South, Midwest, West, and Northeast.
Report Scope
A portable air conditioner is a type of air conditioner that is relatively simple to move. It is a freestanding device that can be installed outside a window or a power outlet. Wheels connected to the bottom of portable models make it simple for moving them around as needed. The usage of portable air conditioners for spot cooling or in compact rooms is quite practical. Many individuals are compelled to purchase one for their area, particularly for an attic, small, isolated rooms, and home offices. Moreover, they are simple to set up, transport, and store.
With a rising awareness of the need of managing interior air quality, consumers are using air conditioning, and refrigeration systems more frequently. The rising demand for small, portable air conditioners which are easy to carry around is primarily driving the portable air conditioner market expanding sales.
Additionally, the growing demand for spot cooling in home and commercial settings is propelling portable air conditioner demand.
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Unique Features are Boosting the Market Growth
Market Segmentation
The United States Portable Air Conditioners Market is segmented based on capacity, end use, distribution channel. Based on capacity the market is segmented into 5,000-10,000 BTUs, 11,000-14,000 BTUs, and above 14,000 BTUs. Based on end use, the market is divided into residential and commercial. In the case of distribution channel, the market is fragmented into multi branded retailers, supermarkets & hypermarkets, online, exclusive retailers, and others that include distributors/dealers, etc. Based on region, the market is segmented into South, Midwest, West, and Northeast.
Competitive Landscape and North America Portable Air Conditioner Market Share Analysis
The North America portable air conditioner market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to North America portable air conditioner market.
Some of the major players operating in the North America portable air conditioner market are
- De'Longhi Appliances S.r.l. (Italy)
- LG Electronics (South Korea)
- Midea Group (China)
- OceanAire Inc. (U.S.)
- Flagro U.S., Inc. (Canada)
- Whynter LLC (U.S.)
- Honeywell International Inc. (U.S.)
- AB Electrolux (Sweden)
- BLACK+DECKER Inc. (A Subsidiary of Stanley Black & Decker, Inc.) (U.S.)
- Whirlpool Corporation (U.S.)
- Haier Inc. (China)
- Daikin Industries, Ltd. (Japan)
- United Coolair, LLC. (U.S.)
- Air Rover, Inc. (U.S.)
- MovinCool (U.S.)
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Attribute |
Details |
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Base Year |
2022 |
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Historical Years |
2018 – 2021 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2028 |
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Quantitative Units |
Revenue in USD Billion and CAGR for 2018-2021 and 2023E-2028F |
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Report Coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
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Segments Covered |
Capacity End Use Distribution Channel Company |
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Regional Scope |
South, West, Midwest, Northeast |
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Key Companies Profiled |
LG Electronics U.S.A. Inc., Stanley Black & Decker, Inc., De’Longhi S.p.A., Whynter LLC, SereneLife Home, LLC, Midea America Corp., Honeywell International Inc., Whirlpool Corporation, Napcom, LLC (Newair), Olimpia Splendid USA, Inc. and others. |
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Customization Scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
In this report, United States Portable Air Conditioners Market has been segmented into following categories, in addition to the industry trends which have also been detailed below
United States Portable Air Conditioners Market, By Capacity
- 5,000-10,000 BTUs
- 10,000-14,000 BTUs
- Above 14,000 BTUs
United States Portable Air Conditioners Market, By End Use
- Residential
- Commercial
- United States Portable Air Conditioners Market, Distribution Channel
- Multi Branded Stores
- Supermarkets & Hypermarkets
- Online
- Exclusive Stores
- Others
United States Portable Air Conditioners Market, By Region
- South
- West
- Midwest
- Northeast
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