Bangladesh Air Conditioner Market (2024-2030) | Growth, Size, Trends, Companies, Outlook, COVID-19 IMPACT, Analysis, Industry, Share, Value, Revenue & Forecast

Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape

Product Code: ETC090091 Publication Date: Dec 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Topics Covered in the Bangladesh Air Conditioner (AC) Market

Bangladesh Air Conditioner (AC) Market report thoroughly covers the market by type and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Bangladesh Air Conditioner (AC) Market Synopsis

Air conditioner (AC) market in Bangladesh has been expanding rapidly in recent years. The demand is influenced by the increasing urbanization, rising disposable income, and a growing need for comfort amidst the country's tropical climate. The growing trend of smart homes that require efficient and smart air conditioning solutions. This trend is increasing the installation rate of smart ACs that can be controlled remotely.

According to 6Wresearch, the Bangladesh Air Conditioner (AC) Market size is projected to grow at a CAGR of around 14.4% during the forecast period 2024-2030. The increasing population and urbanization. As the population continues to grow, so does the demand for air conditioning in homes and commercial buildings. Another factor is the rising disposable incomes of Bangladeshis, which means more people can afford to purchase air conditioners. Additionally, the government has implemented policies aimed at improving the energy infrastructure, which has resulted in a more stable supply of electricity, making air conditioning more accessible. On the other hand, some challenges that are being faced by Bangladesh Air Conditioner (AC) industry is the high cost of electricity. This makes air conditioning expensive to run, and as a result, only accessible to those with higher levels of disposable income. Another challenge is the increasing competition from cheaper imports from China, which poses a threat to local manufacturers. Nevertheless, the rising shift towards energy-efficient models. Consumers are increasingly concerned about the environmental impact of their purchases and are willing to pay more for products that are eco-friendly. Additionally, inverter air conditioners demand is increasing, due to their more energy-efficient feature than traditional models. Smart air conditioners that can be controlled remotely using a smartphone app are also becoming more prevalent.

Government Initiatives introduced in the Bangladesh Air Conditioner (AC) Market

The government of Bangladesh has launched certain initiatives aimed at promoting energy-efficient air conditioning. For example, the Bangladesh Energy Regulatory Commission (BERC) has introduced regulations requiring manufacturers and importers of air conditioners to comply with minimum energy efficiency standards. Additionally, the government provides subsidies to promote the purchase of energy-efficient air conditioners.

Key Players in the Bangladesh Air Conditioner (AC) Market

The air conditioner market in Bangladesh is dominated by international companies such as Samsung, LG, and Daikin. However, there are also several well-established local companies such as General, Singer, and Walton. These companies have a strong presence in the market and are well-known for their quality products and affordable prices.

Market Analysis Application

According to Dhaval, Research Manager, 6Wresearch, the residential air conditioning segment dominates the Bangladesh Air Conditioner (AC) Market share owing to the increasing middle-class population.

Key attractiveness of the report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023.
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Bangladesh Air Conditioner Market Outlook
  • Market Size of Bangladesh Air Conditioner Market, 2023
  • Forecast of Bangladesh Air Conditioner Market, 2030
  • Historical Data and Forecast of Bangladesh Air Conditioner Revenues & Volume for the Period 2020 - 2030
  • Bangladesh Air Conditioner Market Trend Evolution
  • Bangladesh Air Conditioner Market Drivers and Challenges
  • Bangladesh Air Conditioner Price Trends
  • Bangladesh Air Conditioner Porter's Five Forces
  • Bangladesh Air Conditioner Industry Life Cycle
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Type for the Period 2020 - 2030
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Room Air Conditioner for the Period 2020 - 2030
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Ducted Air Conditioner for the Period 2020 - 2030
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Ductless Air Conditioner for the Period 2020 - 2030
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Centralized Air Conditioner for the Period 2020 - 2030
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Application for the Period 2020 - 2030
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Residential for the Period 2020 - 2030
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Healthcare for the Period 2020 - 2030
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Commercial & Retail for the Period 2020 - 2030
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Transportation & Infrastructure for the Period 2020 - 2030
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Hospitality for the Period 2020 - 2030
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Others for the Period 2020 - 2030
  • Bangladesh Air Conditioner Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Bangladesh Air Conditioner Top Companies Market Share
  • Bangladesh Air Conditioner Competitive Benchmarking By Technical and Operational Parameters
  • Bangladesh Air Conditioner Company Profiles
  • Bangladesh Air Conditioner Key Strategic Recommendations

Market Segmentation

The report provides a detailed analysis of the following market segments:

By Types

  • Room Air Conditioner
  • Ducted Air Conditioner
  • Ductless Air Conditioner
  • Centralized Air Conditioner

By Application

  • Residential
  • Commercial & Retail
  • Healthcare
  • Hospitality
  • Transportation & Infrastructure
  • Others
Bangladesh Air Conditioner Market (2024-2030) :FAQs
The air conditioner market in Bangladesh is growing at a rapid pace. It has a size of around 1.6 million units sold annually. With the increase in per capita income, the market is expected to grow at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2030.
Increasing urbanization, rising disposable income, and a growing need for comfort amidst the country's tropical climate.
The most popular brands in Bangladesh are General, LG, Carrier, Hitachi, Gree, Walton, Panasonic, and Daikin.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Bangladesh Air Conditioner Market Overview
3.1 Bangladesh Air Conditioner Market Revenues & Volume, 2020 - 2030F
3.2 Bangladesh Air Conditioner Market - Industry Life Cycle
3.3 Bangladesh Air Conditioner Market - Porter's Five Forces
3.4 Bangladesh Air Conditioner Market Revenues & Volume Share, By Type, 2020 & 2030F
3.5 Bangladesh Air Conditioner Market Revenues & Volume Share, By Application, 2020 & 2030F
4 Bangladesh Air Conditioner Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Bangladesh Air Conditioner Market Trends
6 Bangladesh Air Conditioner Market Segmentation
6.1 Bangladesh Air Conditioner Market, By Type
6.1.1 Overview and Analysis
6.1.2 Bangladesh Air Conditioner Market Revenues & Volume, By Type, 2020 - 2030F
6.1.3 Bangladesh Air Conditioner Market Revenues & Volume, By Room Air Conditioner, 2020 - 2030F
6.1.4 Bangladesh Air Conditioner Market Revenues & Volume, By Ducted Air Conditioner, 2020 - 2030F
6.1.5 Bangladesh Air Conditioner Market Revenues & Volume, By Ductless Air Conditioner, 2020 - 2030F
6.1.6 Bangladesh Air Conditioner Market Revenues & Volume, By Centralized Air Conditioner, 2020 - 2030F
6.2 Bangladesh Air Conditioner Market, By Application
6.2.1 Overview and Analysis
6.2.2 Bangladesh Air Conditioner Market Revenues & Volume, By Residential, 2020 - 2030F
6.2.3 Bangladesh Air Conditioner Market Revenues & Volume, By Healthcare, 2020 - 2030F
6.2.4 Bangladesh Air Conditioner Market Revenues & Volume, By Commercial & Retail, 2020 - 2030F
6.2.5 Bangladesh Air Conditioner Market Revenues & Volume, By Transportation & Infrastructure, 2020 - 2030F
6.2.6 Bangladesh Air Conditioner Market Revenues & Volume, By Hospitality, 2020 - 2030F
6.2.7 Bangladesh Air Conditioner Market Revenues & Volume, By Others, 2020 - 2030F
7 Bangladesh Air Conditioner Market Import-Export Trade Statistics
7.1 Bangladesh Air Conditioner Market Export to Major Countries
7.2 Bangladesh Air Conditioner Market Imports from Major Countries
8 Bangladesh Air Conditioner Market Key Performance Indicators
9 Bangladesh Air Conditioner Market - Opportunity Assessment
9.1 Bangladesh Air Conditioner Market Opportunity Assessment, By Type, 2020 & 2030F
9.2 Bangladesh Air Conditioner Market Opportunity Assessment, By Application, 2020 & 2030F
10 Bangladesh Air Conditioner Market - Competitive Landscape
10.1 Bangladesh Air Conditioner Market Revenue Share, By Companies, 2023
10.2 Bangladesh Air Conditioner Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer

 

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Philippines Air Conditioner (AC) Market (2021-2027): Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape

Vietnam Air Conditioner (AC) Market (2021-2027): Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape

Pakistan Air Conditioner (AC) Market (2021-2027): Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape

Myanmar Air Conditioner (AC) Market (2021-2027): Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape

Thailand Air Conditioner (AC) Market (2021-2027): Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape

Kazakhstan Air Conditioner (AC) Market (2021-2027): Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape

Malaysia Air Conditioner (AC) Market (2021-2027): Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape

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Sri Lanka Air Conditioner (AC) Market (2021-2027): Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape

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Singapore Air Conditioner (AC) Market (2021-2027): Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape

Cambodia Air Conditioner (AC) Market (2021-2027): Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape

Tajikistan Air Conditioner (AC) Market (2021-2027): Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape

 

Market Forecast By Type (Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, Centralized Air Conditioner), By Application (Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, Others) And Competitive Landscape

Product Code: ETC090091 Publication Date: Aug 2021 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Bangladesh Air Conditioner (AC) Market is projected to grow over the coming years. Bangladesh Air Conditioner (AC) Market report is a part of our periodical regional publication Asia Pacific Air Conditioner (AC) Market outlook report. 6W tracks air conditioner market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Air Conditioner (AC) Market outlook report annually.

Bangladesh Air Conditioner Market grew by 14.8% in 2017- 2020 and is expected to grow at a CAGR of 16.5% during 2021- 2027. Bangladesh occupies 8th position in terms of the market size in the APAC Air Conditioner Market.

In terms of market by types, Centralized Air Conditioner dominates the market and is expected to remain in a dominant position in the coming years with the fastest growth rate among all types.

Bangladesh Air Conditioner Market

In terms of application, Commercial & Retail dominates the market and is expected to remain in a dominant position in the coming years. However, Healthcare is expected to have the fastest growth rate among all applications.

In terms of components, Chillers dominates the market and is expected to remain in a dominant position in the coming years. However, VRF is expected to have the fastest growth rate among all components.

Bangladesh Air Conditioner Market report comprehensively covers the market by types, applications, and regions. The Bangladesh Air Conditioner Market outlook report provides an unbiased analysis of the ongoing Bangladesh Air Conditioner Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

  • Bangladesh Air Conditioner Market Outlook
  • Market Size of Bangladesh Air Conditioner Market, 2020
  • Forecast of Bangladesh Air Conditioner Market, 2027
  • Historical Data and Forecast of Bangladesh Air Conditioner Revenues & Volume for the Period 2018 - 2027
  • Bangladesh Air Conditioner Market Trend Evolution
  • Bangladesh Air Conditioner Market Drivers and Challenges
  • Bangladesh Air Conditioner Price Trends
  • Bangladesh Air Conditioner Porter's Five Forces
  • Bangladesh Air Conditioner Industry Life Cycle
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Type for the Period 2018 - 2027
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Room Air Conditioner for the Period 2018 - 2027
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Ducted Air Conditioner for the Period 2018 - 2027
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Ductless Air Conditioner for the Period 2018 - 2027
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Centralized Air Conditioner for the Period 2018 - 2027
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Application for the Period 2018 - 2027
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Residential for the Period 2018 - 2027
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Healthcare for the Period 2018 - 2027
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Commercial & Retail for the Period 2018 - 2027
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Transportation & Infrastructure for the Period 2018 - 2027
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Hospitality for the Period 2018 - 2027
  • Historical Data and Forecast of Bangladesh Air Conditioner Market Revenues & Volume By Others for the Period 2018 - 2027
  • Bangladesh Air Conditioner Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Bangladesh Air Conditioner Top Companies Market Share
  • Bangladesh Air Conditioner Competitive Benchmarking By Technical and Operational Parameters
  • Bangladesh Air Conditioner Company Profiles
  • Bangladesh Air Conditioner Key Strategic Recommendations
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