Brazil Air Conditioner (AC) Market (2021-2027) | Trends, Share, Growth, Outlook, Size, Value, Analysis, Revenue, Segmentation, Industry & COVID-19 IMPACT

Brazil Air Conditioner (AC) Market | Country-Wise Share and Competition Analysis

In the year 2021, China  was the largest exporter in terms of value, followed by USA. It has registered a decline of -14.66% over previous year. While USA registered a growth of 33.25% over previous year. While in 2017 China was the largest exporter followed by USA. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Brazil has Herfindahl index of 2642 in 2017 which signifies high concentration while in 2021 it registered a Herfindahl index of  1818 which signifies moderately concentrated in the market

Brazil Air Conditioner (AC) Market - Export Market OpportunitiesTopics Covered in the Brazil Air Conditioner (AC) Market

Brazil 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.

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

Latest (2023) Development of the Brazil Air Conditioner (AC) Market

Brazil Air Conditioner (AC) Market is projected to secure massive growth in the future years due to rising temperatures and growing disposable income among consumers. Also, the market is growing at a rapid pace with some of the latest developments. For instance, the Brazil AC industry is witnessing a shift towards inverter technology, which is energy-efficient. In response to this, several companies are investing in this technology to cater to the demand for energy-efficient air conditioners. Moreover, there has been an increasing demand for solar-powered ACs. In general, these ACs use solar panels to generate electricity and diminish dependency on the grid.

Smart air conditioners are also gaining popularity in Brazil as these can be controlled through mobile apps, providing convenience and great flexibility to consumers. Furthermore, the government is offering tax incentives and subsidies to promote the adoption of energy-efficient appliances which is expected to fuel demand for energy-efficient ACs in Brazil. The Brazil Air Conditioner (AC) Industry is poised for strong growth in the upcoming years on account of strong economic expansion and increasing investment in infrastructure projects. 

Brazil Air Conditioner Market Synopsis

Brazil Air Conditioner Market is likely to project moderate growth during the upcoming period on account of increasing temperatures and unfavorable weather conditions. The increasing disposable income further led to the consumer inclination towards comfort level beholds the growth of the market. Also, rising penetration towards energy efficient sources is driving the demand for Brazil's AC Market. Government initiatives to develop infrastructure and save energy further beholds the growth of the market.

According to 6Wresearch, Brazil Air Conditioner (AC) Market size is projected to grow at a CAGR of 6.7% during 2021-2027. Rapid urbanization and infrastructure development are contributing to the growth of the market. Additionally, people have started adopting air conditioners as a basic necessity rather than considering them a luxury further beholds the growth of the AC Market in Brazil. 

COVID-19 Impact on the Brazil Air Conditioner (AC) Market

The COVID-19 pandemic has had a noteworthy impact on the air conditioner (AC) market in Brazil as it has resulted in widespread lockdowns and disrupted supply chains, resulting in a hefty decline in demand for ACs among consumers. Also, the market is reliant on imports and the global pandemic led to disruptions in the global supply chain, resulting in delays in the distribution of AC units to Brazil. Moreover, the outburst has caused a severe economic downturn due to which many individuals have lost their jobs, making it difficult for them to prioritize non-essential items.

Key Players in the Brazil Air Conditioner (AC) Market

Some of the leading players in the Brazil air conditioner (AC) market include;

• LG Electronics – This is one of the leading players in the air conditioner market in Brazil. They offer a wide range of products such as window, split, and ductless air conditioning systems.
• Gree Electric Appliances - Gree is a Chinese brand operating in the Brazil air conditioner market. They offer an extensive range of air conditioners to consumers.
• Midea Group - Midea is a Chinese brand functioning in the Brazil air conditioner market in recent years.
• Samsung Electronics – This is a leading company in the Brazil air conditioner market that offers a wide array of ACs.
• Daikin – This is a Japanese brand that has a strong presence in the Brazil market. 

Market Analysis by Type

In terms of market by type, Room 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.

Market Analysis by Application

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

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2017 to 2020.
• Base Year: 2020
• Forecast Data until 2027.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Brazil Air Conditioner Market Outlook
• Market Size of Brazil Air Conditioner Market, 2020
• Forecast of Brazil Air Conditioner Market, 2027
• Historical Data and Forecast of Brazil Air Conditioner Revenues & Volume for the Period 2017 - 2027
• Brazil Air Conditioner Market Trend Evolution
• Brazil Air Conditioner Market Drivers and Challenges
• Brazil Air Conditioner Price Trends
• Brazil Air Conditioner Porter's Five Forces
• Brazil Air Conditioner Industry Life Cycle
• Historical Data and Forecast of Brazil Air Conditioner Market Revenues & Volume By Type for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Air Conditioner Market Revenues & Volume By Room Air Conditioner for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Air Conditioner Market Revenues & Volume By Ducted Air Conditioner for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Air Conditioner Market Revenues & Volume By Ductless Air Conditioner for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Air Conditioner Market Revenues & Volume By Centralized Air Conditioner for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Air Conditioner Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Air Conditioner Market Revenues & Volume By Residential for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Air Conditioner Market Revenues & Volume By Healthcare for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Air Conditioner Market Revenues & Volume By Commercial & Retail for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Air Conditioner Market Revenues & Volume By Transportation & Infrastructure for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Air Conditioner Market Revenues & Volume By Hospitality for the Period 2017 - 2027
• Historical Data and Forecast of Brazil Air Conditioner Market Revenues & Volume By Others for the Period 2017 - 2027
• Brazil Air Conditioner Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Brazil Air Conditioner Top Companies Market Share
• Brazil Air Conditioner Competitive Benchmarking By Technical and Operational Parameters
• Brazil Air Conditioner Company Profiles
• Brazil 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

Brazil Air Conditioner (AC) Market: FAQs