United States Portable Air Conditioners Market Share Analysis 2028F

Report Description

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.

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.

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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.

Company Profiles

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. are among the top players operating in the United States Portable Air Conditioners Market.

Attribute	Details
Base Year	2022
Historical Years	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Billion and CAGR for 2018-2021 and 2023E-2028F
Report Coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	Capacity End Use Distribution Channel Company
Regional Scope	South, West, Midwest, Northeast
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.
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)

Report Scope:

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:

o 5,000-10,000 BTUs

o 10,000-14,000 BTUs

o Above 14,000 BTUs

· United States Portable Air Conditioners Market, By End Use:

o Residential

o Commercial

· United States Portable Air Conditioners Market, Distribution Channel:

o Multi Branded Stores

o Supermarkets & Hypermarkets

o Online

o Exclusive Stores

o Others

· United States Portable Air Conditioners Market, By Region:

o South

o West

o Midwest

o Northeast

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United States Portable Air Conditioners Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Table of content

1. Introduction

1.1. Product Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Voice of Customer Analysis (B2C Model Analysis)

4.1. Sample Size Determination

4.2. Respondent Demographics

4.2.1. By Gender

4.2.2. By Age

4.2.3. By Occupation

4.3. Brand Awareness

4.4. Factors Influencing Purchase Decision

4.5. Brand Satisfaction

4.6. Challenges Faced Post Purchase

5. United States Portable Air Conditioners Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.1.2. By Volume

5.2. Market Share & Forecast

5.2.1. By Capacity Market Share Analysis (5,000-10,000 BTUs, 11,000-14,000 BTUs, Above 14,000 BTUs)

5.2.2. By End Use Market Share Analysis (Residential, Commercial)

5.2.3. By Distribution Channel Market Share Analysis (Residential, Commercial)

5.2.4. By Distribution Channel (Multi Branded Stores, Supermarkets & Hypermarkets, Online, Exclusive Stores, Others)

5.2.5. By Regional Market Share Analysis

5.2.5.1. South Region Market Share Analysis

5.2.5.2. Midwest Region Market Share Analysis

5.2.5.3. Northeast Region Market Share Analysis

5.2.5.4. West Region Market Share Analysis

5.2.6. By Top 5 Companies Market Share Analysis, Others (2022)

5.3. United States Portable Air Conditioners Market Mapping & Opportunity Assessment

5.3.1. By Capacity Market Mapping & Opportunity Assessment

5.3.2. By End Use Market Mapping & Opportunity Assessment

5.3.3. By Distribution Channel Market Mapping & Opportunity Assessment

5.3.4. By Regional Market Mapping & Opportunity Assessment

6. South United States Portable Air Conditioners Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.1.2. By Volume

6.2. Market Share & Forecast

6.2.1. By Capacity Market Share Analysis

6.2.2. By End Use Market Share Analysis

6.2.3. By Distribution Channel Market Share Analysis

7. Midwest United States Portable Air Conditioners Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.1.2. By Volume

7.2. Market Share & Forecast

7.2.1. By Capacity Market Share Analysis

7.2.2. By End Use Market Share Analysis

7.2.3. By Distribution Channel Market Share Analysis

8. Northeast United States Portable Air Conditioners Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.1.2. By Volume

8.2. Market Share & Forecast

8.2.1. By Capacity Market Share Analysis

8.2.2. By End Use Market Share Analysis

8.2.3. By Distribution Channel Market Share Analysis

9. West United States Portable Air Conditioners Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.1.2. By Volume

9.2. Market Share & Forecast

9.2.1. By Capacity Market Share Analysis

9.2.2. By End Use Market Share Analysis

9.2.3. By Distribution Channel Market Share Analysis

10. Market Dynamics

10.1. Drivers

10.1.1. Increasing consumer interest in energy optimization

10.1.2. Unique features

10.1.3. Rising demand for convenient household products

10.2. Challenges

10.2.1. Excessive noise

10.2.2. Less popularity

11. Impact of COVID-19 on United States Portable Air Conditioners Market

11.1.1. Impact Assessment Model

11.1.2. Key Segments Impacted

11.1.3. Key Regions Impacted

12. Market Trends & Developments

12.1. Rising demand through online channels

12.2. Increasing trend for tiny homes

12.3. High demand from residential sector

12.4. Growing popularity of smart portable air conditioners

13. SWOT Analysis

13.1. Strength

13.2. Weakness

13.3. Opportunities

13.4. Threats

14. Porter’s Five Forces Model

14.1. Competitive Rivalry

14.2. Bargaining Power of Suppliers

14.3. Bargaining Power of Buyers

14.4. Threat of New Entrants

14.5. Threat of Substitutes

15. Competitive Landscape

15.1. Company Profiles

15.1.1. LG Electronics U.S.A. Inc.

15.1.1.1. Company Details

15.1.1.2. Products & Services

15.1.1.3. Financial (As Per Availability)

15.1.1.4. Key Market Focus & Geographical Presence

15.1.1.5. Recent Development

15.1.1.6. Key Management Personnel

15.1.2. Stanley Black & Decker, Inc.

15.1.2.1. Company Details

15.1.2.2. Products & Services

15.1.2.3. Financial (As Per Availability)

15.1.2.4. Key Market Focus & Geographical Presence

15.1.2.5. Recent Development

15.1.2.6. Key Management Personnel

15.1.3. De’Longhi S.p.A.

15.1.3.1. Company Details

15.1.3.2. Products & Services

15.1.3.3. Financial (As Per Availability)

15.1.3.4. Key Market Focus & Geographical Presence

15.1.3.5. Recent Development

15.1.3.6. Key Management Personnel

15.1.4. Whynter LLC

15.1.4.1. Company Details

15.1.4.2. Products & Services

15.1.4.3. Financial (As Per Availability)

15.1.4.4. Key Market Focus & Geographical Presence

15.1.4.5. Recent Development

15.1.4.6. Key Management Personnel

15.1.5. SereneLife Home, LLC

15.1.5.1. Company Details

15.1.5.2. Products & Services

15.1.5.3. Financial (As Per Availability)

15.1.5.4. Key Market Focus & Geographical Presence

15.1.5.5. Recent Development

15.1.5.6. Key Management Personnel

15.1.6. Midea America Corp.

15.1.6.1. Company Details

15.1.6.2. Products & Services

15.1.6.3. Financial (As Per Availability)

15.1.6.4. Key Market Focus & Geographical Presence

15.1.6.5. Recent Development

15.1.6.6. Key Management Personnel

15.1.7. Honeywell International Inc.

15.1.7.1. Company Details

15.1.7.2. Products & Services

15.1.7.3. Financial (As Per Availability)

15.1.7.4. Key Market Focus & Geographical Presence

15.1.7.5. Recent Development

15.1.7.6. Key Management Personnel

15.1.8. Whirlpool Corporation

15.1.8.1. Company Details

15.1.8.2. Products & Services

15.1.8.3. Financial (As Per Availability)

15.1.8.4. Key Market Focus & Geographical Presence

15.1.8.5. Recent Development

15.1.8.6. Key Management Personnel

15.1.9. Napcom, LLC (Newair)

15.1.9.1. Company Details

15.1.9.2. Products & Services

15.1.9.3. Financial (As Per Availability)

15.1.9.4. Key Market Focus & Geographical Presence

15.1.9.5. Recent Development

15.1.9.6. Key Management Personnel

15.1.10. Olimpia Splendid USA, Inc.

15.1.10.1. Company Details

15.1.10.2. Products & Services

15.1.10.3. Financial (As Per Availability)

15.1.10.4. Key Market Focus & Geographical Presence

15.1.10.5. Recent Development

15.1.10.6. Key Management Personnel

16. Strategic Recommendations/Action Plan

16.1. Key Focus Areas

16.2. Target Regions

16.3. Target End Use

17. About Us & Disclaimer

(Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

What are the trends in the United States Portable Air Conditioners Market?

Tiny homes, which are smaller in size, are becoming more popular in the United States due to the shrinking size of residential homes caused by the growing population. Thus, people living in tiny homes are increasing the demand of portable air conditioners in the country.

What are the drivers in the United States Portable Air Conditioners Market?

Easy availability and installation, high demand from the residential sector, and rising preference for appliances with lower energy optimization are driving the market of Portable Air Conditioners in the United States.

What are the benefits of portable air conditioners?

The portable air conditioners are easy to install, and they can be moved from one room to another. Moreover, the portable air conditioner can be accessed through smartphones which makes it more convenient for the consumers.

What are the brands available in the United States Portable Air Conditioners Market?

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. are available in the United States Portable Air Conditioners Market.

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