DALLAS, Texas — The portable air conditioning 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 U.S. 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 businesses by entering new segments. These strategies help them to dominate the domestic market and establish their brand presence in the U.S.
According to the recently released “Portable AC Market in the US 2014-2018” report, the portable air conditioning market in the U.S. is driven by many growth factors, one of which is a high demand for spot cooling in different situations. The ability of portable air conditioners 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 U.S. 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 U.S. and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The following companies have been recognized as the key players in portable air conditioning market in the US: Carrier, Daikin, Haier, LG, Electrolux, Denso, Friedrich Air Conditioning and Whynter.
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