| Product Code: ETC7554469 | 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 systems market import shipments demonstrated a strong compound annual growth rate of 8.2% from 2020 to 2024. However, there was a notable decline in growth rate between 2023 and 2024, indicating a temporary slowdown. Overall, the market expanded steadily with a slight deceleration towards the end of the 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 Systems Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Split Systems Market Revenues & Volume, 2021 & 2031F |
3.3 India Split Systems Market - Industry Life Cycle |
3.4 India Split Systems Market - Porter's Five Forces |
3.5 India Split Systems Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 India Split Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Split Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient cooling solutions in residential and commercial buildings. |
4.2.2 Growing urbanization and infrastructure development in India leading to a higher demand for split systems. |
4.2.3 Rise in disposable income and changing lifestyles driving the adoption of split air conditioning systems. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs and pricing of split systems. |
4.3.2 Intense competition among market players leading to price wars and margin pressures. |
4.3.3 Seasonal fluctuations in demand for split systems due to varying weather conditions in different regions of India. |
5 India Split Systems Market Trends |
6 India Split Systems Market, By Types |
6.1 India Split Systems Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 India Split Systems Market Revenues & Volume, By Equipment Type, 2021- 2031F |
6.1.3 India Split Systems Market Revenues & Volume, By Mini-Split, 2021- 2031F |
6.1.4 India Split Systems Market Revenues & Volume, By Multi-Split, 2021- 2031F |
6.1.5 India Split Systems Market Revenues & Volume, By Variable Refrigerant Flow (VRF), 2021- 2031F |
6.2 India Split Systems Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Split Systems Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 India Split Systems Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.2 India Split Systems Market Revenues & Volume, By 0, 2021- 2031F |
7 India Split Systems Market Import-Export Trade Statistics |
7.1 India Split Systems Market Export to Major Countries |
7.2 India Split Systems Market Imports from Major Countries |
8 India Split Systems Market Key Performance Indicators |
8.1 Energy Efficiency Ratio (EER) improvement trends in split system models. |
8.2 Adoption rate of inverter technology in split system air conditioners. |
8.3 Average lifespan of split systems in the Indian market. |
9 India Split Systems Market - Opportunity Assessment |
9.1 India Split Systems Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 India Split Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Split Systems Market - Competitive Landscape |
10.1 India Split Systems Market Revenue Share, By Companies, 2024 |
10.2 India Split 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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