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The market is driven by growing demand for inverter HVAC systems. In addition, the growing preference for rental HVAC systems will be crucial in fueling the growth of the market over the forecast period. However, the rising environmental pollution and stringent government policies on HVAC systems will challenge the growth of the market participants.
The HVAC systems market In India is segmented by product (Split AC, Window AC, and Others) and Application (Non-residential and Residential). This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The HVAC systems market in India covers the following areas:
HVAC Systems Market Sizing in India
HVAC Systems Market Forecast in India
HVAC Systems Market Analysis in India
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Companies Mentioned
- Blue Star Ltd.
- Daikin Industries Ltd.
- ETA General Pvt. Ltd.
- Ingersoll-Rand Plc
- LG Electronics Inc.
- Mitsubishi Electric Corp.
- Samsung Electronics Co. Ltd.
- United Technologies Corp.
- Voltas Ltd.
- Whirlpool Corp
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HVAC Systems In India Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of almost 10% |
Market growth 2020-2024 |
$ 2.26 billion |
Market structure |
Fragmented |
YoY growth (%) |
9.32 |
Performing market contribution |
Split AC at 78% |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Blue Star Ltd., Daikin Industries Ltd., ETA General Pvt. Ltd., Ingersoll-Rand Plc, LG Electronics Inc., Mitsubishi Electric Corp., Samsung Electronics Co. Ltd., United Technologies Corp., Voltas Ltd., and Whirlpool Corp |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by Product
- Market Segmentation by Application
- Drivers, Challenges, and Trends
- Vendor Landscape
- Vendors covered
- Appendix
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