Global portable HVAC equipment market is anticipated to grow at a CAGR of 5.1% during the forecast period (2024-2031). Smart technology integration is one of the most significant trends in the portable HVAC equipment market. Portable HVAC units with smart features allow users to control the temperature and settings from their mobile devices or voice-activated assistants, making them more convenient and efficient to operate. Many portable HVAC units now come equipped with WiFi connectivity, which allows users to control the temperature and settings from their smartphones or tablets in portable HVAC equipment market. Users can also receive notifications on their mobile devices if the unit needs maintenance or if there are any issues.
Many portable HVAC units have automatic scheduling features that allow users to set specific temperatures and schedules for the unit to follow. The integration of smart technology in portable HVAC equipment is making these units more convenient, efficient, and user-friendly which has increasing demand. Moreover, with the technological advancements the manufacturers of HVAC systems are improving the functionality of the systems that enhances the comfort level of the consumer and this attribute is expected to drive the growth of the portable HVAC equipment market.
Emerson Electric Co., for instance, unveiled the new Rosemount XE10 Continuous Emissions Monitoring System (CEMS) on September 9, 2021, which is meant to assist industrial companies in meeting more demanding environmental requirements and developing sustainability standards. With built-in performance analytics and automatic validation capabilities, this new system provides accurate emissions monitoring and reporting, reducing the risk of noncompliance shutdowns and penalties for plant operators.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Distribution Channel
- By Product Type
- By End-Users
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Daikin Industries, Ltd., Haier Group, Johnson Controls., Carrier Corp., and Lennox International Inc., among others.
Portable HVAC Equipment Market Report Segment
By Distribution Channel
- Hypermarkets and Supermarkets
- Specialty Stores
- Departmental Stores
- Online
- Retail
By Product Type
- Portable Fans
- Portable Heaters
- Portable Air Conditioners
By End-Users
- Residential
- Commercial
- Industrial
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Portable HVAC Equipment Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- AB Electrolux
- Blue Star Ltd.
- Crompton Greaves Consumer Electricals Limited,
- Dyson
- Emerson Electric Co.
- Fujitsu General Ltd
- Gree Electric Appliances, Inc. Of Zhuhai
- Hitachi, Ltd.
- Honeywell International Inc.
- Hubei Donper Electromechanical Group Co., Ltd
- Ingersoll Rand
- LG Electronics.
- Midea Group.
- Mitsubishi Electric India Pvt. Ltd.
- Moon Environment Technology Co., Ltd.
- O2COOL LLC
- Orient Electric Ltd
- Panasonic Corp.
- SANDEN CORP.
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