Indonesia Air Conditioner Market (2023-2029) | Revenue, Growth, Industry, Size, Share, Outlook, Forecast, Analysis, Trends, Value, Segmentation & COVID-19 IMPACT

Indonesia 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 Thailand. It has registered a growth of 19.72% over previous year. While Thailand registered a growth of 33.75% over the previous year. While in 2017 Thailand was the largest exporter followed by China. In term of the Herfindahl Index, which measures the competitiveness of countries exporting, Indonesia has Herfindahl index of 3806 in 2017 which signifies high concentration while in 2021 it registered a Herfindahl index of  4101 which signifies high concentration in the market

Indonesia Air Conditioner (AC) Market - Export Market Opportunities

Topics Covered in the Indonesia Air Conditioner (AC) Market

Indonesia Air Conditioner (AC) Market report thoroughly covers the market by types and by applications. 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.

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

Indonesia Air Conditioner (AC) Market is predicted to grow at a rapid pace rate on account of several factors such as government initiatives for infrastructure development, increasing industrialization, and technological advancements. Moreover, there are several latest developments in this market that are leveraging the development in this industry. For instance, the government initiatives such as energy labeling programs and setting energy efficiency standards for AC units are focused on energy efficiency and promoting the use of energy-efficient air conditioning systems.

There has been an increasing demand for inverter ACs as they are more energy-efficient compared to conventional models, and have been gaining popularity in the market. Indonesia has experienced significant growth in the construction sector as demand for air conditioning systems is closely tied to construction projects, and the market is expected to benefit from increased installations in new buildings. Furthermore, there is a growing emphasis on environmentally friendly AC solutions in the country which includes the use of refrigerants and the adoption of eco-friendly technologies. 

Indonesia Air Conditioner (AC) Market Synopsis

The Indonesia Air Conditioner (AC) Market is evolving in the most effective manner and it is estimated to evolve more over the next five years. This industry plays one of the most crucial roles in the country owing to the role it plays in the smooth progression of its consumer industries in Indonesia.

According to 6Wresearch, the Indonesia Air Conditioner (AC) Market size is projected to grow during 2022-2028. This industry plays one of the most crucial roles in the country owing to the role it plays in the smooth progression of its consumer industries in Indonesia. The evolvement of this evolving market is due to rising investment in air conditioning by both government as well as private organizations, and the increasing trend of living a life in an air-conditioned environment among people in the country. Growing awareness about climate change and the effects of it on human health is also driving the demand for these products. The key players in this sector play a prominent role in the growth of it since they work hard to come up with the best products that can meet the needs of their consumer industries. The key players in the market are collectively accountable for more than two-thirds of the sector volume share. The players in the market are effectively contributing to the growth of the market. There will be a significant boost in the Indonesia Air Conditioner (AC) Market share owing to the drivers stimulating the market growth.

COVID-19 Impact on Indonesia Air Conditioner (AC) Market

There was a significant reduction in the demand for air conditioners in Indonesia during the coronavirus pandemic owing to the increasing awareness about health among people in the country. The disruption in supply chain and manufacturing also led to decline in this sector during the pandemic. The key consumers of the sector like Transportation & Infrastructure, Commercial & Retail, Hospitality, etc were not operating when the pandemic hit which led to a decline in the demand of air conditioners in the country. This market is one of the key parts of Asia Pacific Air Conditioner (AC) Market. The market overcome many challenges and it is now anticipated to evolve. The Indonesia Air Conditioner (AC) Market share will boost in the near future.

Key Players in the Indonesia Air Conditioner (AC) Market

The Indonesia Air Conditioner (AC) Industry is dominated by several major players which include;

• LG Electronics and Daikin Industries Ltd. 
• Panasonic
• Mitsubishi Electric Corporation
• Samsung Electronics Co. Ltd. 

Market Analysis by Type

On the basis of type, the Air Conditioner (AC) Market in Indonesia can be divided into Room Air Conditioner, Ducted Air Conditioner, Ductless Air Conditioner, and Centralized Air Conditioners. All these segments are growing effectively in the market. These segments are estimated to boost market evolvement in the next five years.

Market Analysis by Application

On the basis of application, the sector in the nation can be segmented into Residential, Healthcare, Commercial & Retail, Transportation & Infrastructure, Hospitality, and Others. Out of these, the commercial & retail sector is estimated to experience a boost in the market in the years to come owing to increasing demand for air conditioners in these sectors. The demand for air conditioners has always been there in theatres, malls, restaurants, hotels, etc, and this factor is fueling the market growth.

Indonesia Air Conditioner (AC) Market Drivers

The evolvement of this evolving market is due to rising investment in air conditioning by both government as well as private organizations, and the increasing trend of living a life in an air-conditioned environment among people in the country. Growing awareness about climate change and the effects of it on human health is also driving the demand for these products.

The key players in this sector play a prominent role in its growth of it since they work hard to come up with the best products that can meet the needs of their consumer industries. The players in the market are effectively contributing to the growth of the market.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2018 to 2021.
• Base Year: 2021.
• Forecast Data until 2028.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Indonesia Air Conditioner Market Outlook
• Market Size of Indonesia Air Conditioner Market, 2021
• Forecast of Indonesia Air Conditioner Market, 2028
• Historical Data and Forecast of Indonesia Air Conditioner Revenues & Volume for the Period 2018 - 2028
• Indonesia Air Conditioner Market Trend Evolution
• Indonesia Air Conditioner Market Drivers and Challenges
• Indonesia Air Conditioner Price Trends
• Indonesia Air Conditioner Porter's Five Forces
• Indonesia Air Conditioner Industry Life Cycle
• Historical Data and Forecast of Indonesia Air Conditioner Market Revenues & Volume By Type for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Air Conditioner Market Revenues & Volume By Room Air Conditioner for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Air Conditioner Market Revenues & Volume By Ducted Air Conditioner for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Air Conditioner Market Revenues & Volume By Ductless Air Conditioner for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Air Conditioner Market Revenues & Volume By Centralized Air Conditioner for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Air Conditioner Market Revenues & Volume By Application for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Air Conditioner Market Revenues & Volume By Residential for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Air Conditioner Market Revenues & Volume By Healthcare for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Air Conditioner Market Revenues & Volume By Commercial & Retail for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Air Conditioner Market Revenues & Volume By Transportation & Infrastructure for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Air Conditioner Market Revenues & Volume By Hospitality for the Period 2018 - 2028
• Historical Data and Forecast of Indonesia Air Conditioner Market Revenues & Volume By Others for the Period 2018 - 2028
• Indonesia Air Conditioner Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Indonesia Air Conditioner Top Companies Market Share
• Indonesia Air Conditioner Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Air Conditioner Company Profiles
• Indonesia Air Conditioner Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Type

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

By Application

• Residential
• Healthcare
• Commercial & Retail
• Transportation & Infrastructure
• Hospitality
• Others

Indonesia Air Conditioner (AC) Market is projected to grow over the coming years. Indonesia 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.

Indonesia Air conditioner (AC) Market report comprehensively covers the market type and application. The market 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.

Indonesia Air Conditioner (AC) Market Synopsis

Indonesia Air Conditioner Market is anticipated to generate sound revenue during the upcoming period owing to the increasing development of infrastructure. Rising investment by public and private sector along with increasing establishment of hotels, restaurants and shopping malls is driving the development of the AC Market in Indonesia. Additionally, development of residential, commercial and manufacturing sector beholds the increasing growth of the market. Increasing disposable income of middle class backed by rising standard of living is one of the key factor driving the growth of the market.

According to 6Wresearch, Indonesia Air Conditioner (AC) Market size is projected to grow at a CAGR of 8.1% during 2021-2027. Indonesia occupies 7th position in terms of the market size in the APAC Air Conditioner Market. The rising penetration of consumers towards luxurious lifestyle is driving the smart Air Conditioner further beholds the growth of the market. Soaring temperature and rising level of humidity also adds to the development of the market. However, affordability is still a restraining factor in the growth of the Indonesia AC Market. The outburst of COVID-19 also acted as a hurdle in the growth of the market leading to the disruption in supply chain of the market. Nationwide lockdown led to the closure of manufacturing and retail units.

Market Analysis by Type

In terms of market by types, Room Air Conditioner dominates the market and is expected to remain in a dominant position in the coming years. However, Centralized Air Conditioner is expected to have 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:

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