| Product Code: ETC7554467 | Publication Date: Sep 2024 | Product Type: Market Research Report | ||
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India split air conditioning systems market import shipments demonstrated a strong expansion with a CAGR of 11.2% from 2020 to 2024. However, there was a notable slowdown in growth between 2023 and 2024, with a decline of 13.4%. Overall, the market exhibited robust momentum but experienced a slight contraction in the most recent period.
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 India Split Air Conditioning Systems Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Split Air Conditioning Systems Market Revenues & Volume, 2021 & 2031F |
3.3 India Split Air Conditioning Systems Market - Industry Life Cycle |
3.4 India Split Air Conditioning Systems Market - Porter's Five Forces |
3.5 India Split Air Conditioning Systems Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Split Air Conditioning Systems Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.7 India Split Air Conditioning Systems Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.8 India Split Air Conditioning Systems Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.9 India Split Air Conditioning Systems Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Split Air Conditioning Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and growth of the real estate sector in India leading to a greater demand for split air conditioning systems. |
4.2.2 Rising disposable income and changing lifestyle preferences driving the adoption of split air conditioning systems in households and commercial spaces. |
4.2.3 Government initiatives promoting energy efficiency and the use of eco-friendly cooling solutions in the country. |
4.3 Market Restraints |
4.3.1 High initial cost of split air conditioning systems compared to traditional cooling solutions limiting adoption in lower-income segments. |
4.3.2 Lack of awareness and education about the benefits of split air conditioning systems hindering market growth. |
4.3.3 Intense competition among market players leading to price wars and margin pressures. |
5 India Split Air Conditioning Systems Market Trends |
6 India Split Air Conditioning Systems Market, By Types |
6.1 India Split Air Conditioning Systems Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Split Air Conditioning Systems Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 India Split Air Conditioning Systems Market Revenues & Volume, By Mini Split AC, 2021- 2031F |
6.1.4 India Split Air Conditioning Systems Market Revenues & Volume, By Multi-split AC, 2021- 2031F |
6.1.5 India Split Air Conditioning Systems Market Revenues & Volume, By Others (VRF), 2021- 2031F |
6.2 India Split Air Conditioning Systems Market, By Installation |
6.2.1 Overview and Analysis |
6.2.2 India Split Air Conditioning Systems Market Revenues & Volume, By Wall Mounted, 2021- 2031F |
6.2.3 India Split Air Conditioning Systems Market Revenues & Volume, By Free Standing, 2021- 2031F |
6.2.4 India Split Air Conditioning Systems Market Revenues & Volume, By Others (Floor Ceiling), 2021- 2031F |
6.3 India Split Air Conditioning Systems Market, By Price |
6.3.1 Overview and Analysis |
6.3.2 India Split Air Conditioning Systems Market Revenues & Volume, By Low, 2021- 2031F |
6.3.3 India Split Air Conditioning Systems Market Revenues & Volume, By Medium, 2021- 2031F |
6.3.4 India Split Air Conditioning Systems Market Revenues & Volume, By High, 2021- 2031F |
6.4 India Split Air Conditioning Systems Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 India Split Air Conditioning Systems Market Revenues & Volume, By Less Than 1 Ton, 2021- 2031F |
6.4.3 India Split Air Conditioning Systems Market Revenues & Volume, By 1 to 1.5 Tons, 2021- 2031F |
6.4.4 India Split Air Conditioning Systems Market Revenues & Volume, By 1.5 to 2.0 Tons, 2021- 2031F |
6.4.5 India Split Air Conditioning Systems Market Revenues & Volume, By More Than 2.0 Tons, 2021- 2031F |
6.5 India Split Air Conditioning Systems Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 India Split Air Conditioning Systems Market Revenues & Volume, By Online, 2021- 2031F |
6.5.3 India Split Air Conditioning Systems Market Revenues & Volume, By Offline, 2021- 2031F |
7 India Split Air Conditioning Systems Market Import-Export Trade Statistics |
7.1 India Split Air Conditioning Systems Market Export to Major Countries |
7.2 India Split Air Conditioning Systems Market Imports from Major Countries |
8 India Split Air Conditioning Systems Market Key Performance Indicators |
8.1 Energy efficiency ratings of split air conditioning systems. |
8.2 Percentage of households and commercial spaces with installed split air conditioning systems. |
8.3 Growth rate of the real estate sector in key cities driving demand for split air conditioning systems. |
9 India Split Air Conditioning Systems Market - Opportunity Assessment |
9.1 India Split Air Conditioning Systems Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Split Air Conditioning Systems Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.3 India Split Air Conditioning Systems Market Opportunity Assessment, By Price, 2021 & 2031F |
9.4 India Split Air Conditioning Systems Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.5 India Split Air Conditioning Systems Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Split Air Conditioning Systems Market - Competitive Landscape |
10.1 India Split Air Conditioning Systems Market Revenue Share, By Companies, 2024 |
10.2 India Split Air Conditioning Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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