Split AC Market in the US 2014-2018

Price :
Published : Jul-2014
No. of Pages : 58

Report Description

ACs have become an integral part of US households. They are also being used for the cooling of commercial space . The size of the AC depends on the cooling requirements. The advent of central ACs that utilize ducting in the home for both heating and cooling is leading to residential ACs becoming popular in the US. The Commercial AC market in the US is also changing because of the rise in energy costs and power source requirements, which have been changing and improving over the last decade. This has given way to the split ACs that have emerged as a better alternative in terms of power consumption and cooling capacity. Split ACs are cost-effective and energy-efficient and involve little or no installation cost.

TechNavio’s analysts forecast the Split AC market in the US will grow at a CAGR of 7.81 percent over the period 2013-2018.

Covered in this Report

The report covers the present scenario and the growth prospects of the Split AC market in the US for the period 2014-2018. To calculate the market size and vendor share, it considers the revenue generated from the sales in the following product segments: US Ducted Splits, Unducted Standard Splits, VRF, and Ducted Standard Splits

TechNavio’s report, the Split AC Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the Split AC market landscape in the US and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Country

US

Key Vendors

  • Daikin
  • Ingersoll-Rand
  • Johnson Controls
  • Toshiba

Other Prominent Vendors

  • Fujitsu
  • Lennox International
  • LG
  • Mitsubishi Electric
  • Nordyne
  • Paloma

Key Market Driver

  • Increased Construction Activities
  • For a full, detailed list, view our report.

Key Market Challenge

  • Rise in Raw Material Prices
  • For a full, detailed list, view our report.

Key Market Trend

  • Technological Innovation
  • For a full, detailed list, view our report.

Key Questions Answered in this Report

  • What will the market size be in 2018 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Table of Contents

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings

04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology

05. Introduction

06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis

07. Market Segmentation by Product
07.1 Split AC market in the US by Product Segmentation
07.2 US Ducted Split AC market in the US
07.2.1 Market Size and Forecast
07.3 Unducted Standard Split AC market in the US
07.3.1 Market Size and Forecast
07.4 VRF Market in the US
07.4.1 Market Size and Forecast
07.5 Ducted Standard Split AC market in the US
07.5.1 Market Size and Forecast

08. Buying Criteria

09. Market Growth Drivers

10. Drivers and their Impact

11. Market Challenges

12. Impact of Drivers and Challenges

13. Market Trends

14. Trends and their Impact

15. Vendor Landscape
15.1 Competitive Scenario
15.1.1 Key News
15.1.2 Mergers and Acquisitions
15.2 Market Share Analysis 2013
15.3 Other Prominent Vendors

16. Key Vendor Analysis
16.1 Daikin
16.1.1 Business Overview
16.1.2 Business Segmentation
16.1.3 Key Information
16.1.4 SWOT Analysis
16.2 Ingersoll-Rand
16.2.1 Business Overview
16.2.2 Business Segmentation
16.2.3 Key Information
16.2.4 SWOT Analysis
16.3 Johnson Controls
16.3.1 Business Overview
16.3.2 Business Segmentation
16.3.3 Key Information
16.3.4 SWOT Analysis
16.4 Toshiba
16.4.1 Business Overview
16.4.2 Business Segmentation
16.4.3 Key Information
16.4.4 SWOT Analysis

17. Other Prominent Vendors
17.1 Fujitsu
17.2 Lennox International
17.3 LG
17.4 Mitsubishi Electric
17.5 Nordyne
17.6 Paloma

18. Other Reports in this Series

List of Exhibits

Exhibit 1: Market Research Methodology
Exhibit 2: Types of Split AC in the US
Exhibit 3: Split AC Market in the US 2013-2018 (US$ million)
Exhibit 4: Split AC Market in the US by Product Segmentation
Exhibit 5: Split AC Market in the US Product Segmentation 2013
Exhibit 6: Split AC Market in the US Product Segmentation 2018
Exhibit 7: Split AC Market in the US Product Segmentation 2013-2018 (US$ million)
Exhibit 8: Split AC Market in the US Product Segmentation 2013-2018
Exhibit 9: US Ducted Split AC Market in the US 2013-2018 (US$ million)
Exhibit 10: Unducted Standard Split AC Market in the US 2013-2018 (US$ million)
Exhibit 11: VRF Market in the US 2013-2018 (US$ million)
Exhibit 12: Ducted Standard Split AC Market in the US 2013-2018 (US$ million)
Exhibit 13: Smart Home Market in the US 2013-2020 (US$ billion)
Exhibit 14: Real GDP of the US 2006-2013 (US$ trillion)
Exhibit 15: Split AC Market in the US by Vendor Segmentation 2013
Exhibit 16: Exhibit 12: Business Segmentation of Daikin
Exhibit 17: Exhibit 12: Business Segmentation of Ingersoll-Rand
Exhibit 18: Exhibit 12: Business Segmentation of Johnson Controls
Exhibit 19: Exhibit 12: Business Segmentation of Toshiba

Press Release

TechNavio Announces the Publication of its Research Report - Split AC Market in the US 2014-2018

TechNavio recognizes the following companies as the key players in Split AC Market in the US: Daikin Industries Ltd., Ingersoll-Rand plc, Johnson Controls Inc., and Toshiba Corp.

Other prominent vendors in the market are: Fujitsu, Lennox International, LG, Mitsubishi Electric, Nordyne, and Paloma

Commenting on the report, an analyst from TechNavio’s team said: “The Split AC market in the US has the potential to grow because of the presence of many trends in the market. Innovations in technology are making the Split AC market in the US dynamic. The introduction of ductless split AC systems is the latest trend. These technologically advanced products are gaining more acceptance among customers. Japanese vendors are bringing cutting-edge technology and state-of-the-art manufacturing facilities into the US market. The growing awareness of eco-friendly electronic products is another factor propelling market growth.”

According to the report, Unducted standard splits have recorded tremendous growth in the last few years in the US. This trend is expected to continue in the future years. Unducted standard splits have numerous potential applications in the Residential, Commercial, and Institutional Building sectors. These ACs are common in Asia and Europe, but have a comparatively low penetration in the US. The Unducted Standard Split ACs segment represented only 5 percent of the US Unitary AC market in 2013. There are various reasons behind the increased purchase of these ACs such as the hassle-free installation as no ductwork is required, zoning capability, i.e., flexibility in heating and cooling individual rooms, and flexibility within the design space. In 2013, unducted standard splits were installed in 80-85 percent of commercial buildings in the US.

Further, the report states that the rise in raw material prices is one of the biggest challenges faced by the Split AC market in the US because it is reducing the profit margins of manufacturers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Filed in: Consumer Electronics, Semiconductor & Electronics
Publisher : Infiniti Research Limited
More Reports
Title Price Buy Now

Global Development of 4K2K LCD TV Panels in 2014 and Beyond

4K2K LCD (Liquid Crystal Display) TV panels have drawn intense attention from panel brands around the world. In 2013, Taiwanese makers were the first to come out with 4K2K panels and since then the resolution competition has been heating up. In terms of shipments, Taiwan's makers however lost ground to Korean counterparts in the second quarter of 2014. This is because, aside from having more production capacity for 4K2K TV panels, Korean makers have been able to provide a broad range of different sizes. This report outlines the latest development of 4K2K LCD TV panels, including low-cost RGBW (Red, Green, Blue, White) ones, and examines key strategies of major 4K2K panel makers in Taiwan and Korea. List of Topics Development of 4K2K LCD TV panels, with their shipment share by countr......
$800

Global Remotes Market 2014-2018

Remotes/remote controls are devices that are used to wirelessly operate electronic gadgets such as smart TVs, set top boxes, and gaming consoles from a short line-of-sight distance. Remote controls are small wireless handheld devices that enable users to adjust various settings such as tracking number and volume. Basically, there are two popular types of remote controls that are mostly used by customers, namely IR and RF. IR remotes are the most common type of remotes used by customers globally, while RF is emerging as an effective remote technology. Further, IR remotes control the various functions of electronic gadgets by sending pulses of infrared light to a device. RF remotes use radio waves in much the same way. There are other remote control technologies in the market; however, these......
$2500

Global OLED Display Market 2014-2018

OLEDs are organic light emitting diodes which use organic materials to produce light. The organic material is packed between conductors which are lit up when electricity is passed through it. OLED display units contain many such thin films of several types of organic molecules that produce various colors of light. OLEDs do not require backlights and filters unlike LCDs since the light emitted is bright enough for display. OLED display units include multiple layers of organic films depending upon the device's requirements. The Global OLED Display market is nearing commercialization and is expected to grow at a high rate during the forecast period. TechNavio's analysts forecast the Global OLED Display market to grow at a CAGR of 36.7 percent over the period 2013-2018. Covered in this R......
$2500

Digital Still Camera Market in the APAC Region 2014-2018

A digital camera is an optical device used to capture and store images and videos in digital format. The different types of digital cameras include built-in lens cameras, such as point-and-shoot cameras, and interchangeable lens cameras, such as digital single-lens reflex (DSLR) cameras and mirrorless interchangeable-lens cameras (MILC). A DSLR camera works on a unique reflex design scheme that combines optics with the mechanism of a single-lens reflex (SLR) camera having a digital imaging sensor. An MILC provides an interchangeable lens mount; it does not have a mirror reflex optical viewfinder. The popularity of digital photography is contributing to the sales of digital cameras worldwide. Global statistics has indicated that more than 400 billion images have been captured per year since......
$3000

The Taiwanese IP Camera Industry, 3Q 2014

This research report presents shipment volume and value forecast and recent quarter review of shipment volume, value, ASP, manufacturer volume and value rankings, shipment by resolution, production location, and shipment destination, and business type. The content of this report is based on primary data obtained through interviews with IP camera makers. The report finds that the shipment volume of Taiwanese IP camera industry in the second of 2014 grew 14.7% compared to the same period of last year. It is forecasted that the Taiwanese IP camera manufacturers' full-year shipment volume will witness 28.2% growth in 2014 in comparison to 2013. IP cameras with resolution between 1MP and 1.3MP constituted the largest share of total IP camera shipments in the second quarter of 2014, followed by ......
$1850

Chinese Home Appliance Industry and Market, July 2014

Continuously affected by the withdrawal of government policies, sales volumes of almost all home appliances in the Chinese market from January to June 2014 declined year-on-year except air conditioner which still managed to keep steady growth compared to the same period of 2013, according to statistics by China's MIIT (Ministry of Industry and Information Technology). As a result, China's Ministry of Commerce estimated that Chinese home appliance sales volume grew 5.3% year-on-year from January to June 2014, with April-May and May-June sales increased by 7.4% and 7.8%, respectively. Among other home appliances, LCD TV sales volume suffered the steepest decline rate at 11.3% compared to the same period last year. Despite the modest sales growth in the first half of 2014, white goods still o......
$1200

Global LED Display Market 2014-2018

An LED is a semiconductor whose applications range from general lighting used in houses, commercial places and offices, to backlighting used in televisions, smartphones and tablets, and automotive headlights in automobiles. LEDs have become popular because of their low costs and high energy efficiency. LED lightings save about 40 percent of energy. TechNavio's analysts forecast the Global LED Display market will witnesses a decline at a CAGR of 1.40 percent over the period 2013-2018. Covered in this Report This report covers the present scenario and the growth prospects of the Global LED Display market for the period 2014-2018. It takes into account the revenue generated from the sales of packaged LEDs used for display. The report excludes the revenue generated from the LED used f......
$2500

Water Heater Market in North America 2014-2018

Water heaters are equipment that works based on the principle of thermodynamics and increases the temperature of water above its normal temperature. TechNavio's analysts forecast the Water Heater Market in North America to grow at a CAGR of 8.27 percent over the period 2014-2018. Covered in this Report TechNavio's report, covers the present scenario and the growth prospects of the Water Heater market in North America for the period 2014-2018. To calculate the market size, it considers revenue generated from sales of the Storage water heaters, Tank-less water heaters, Solar water heaters from the US and Canada Key Regions North America Key Vendors A. O. Smith Corp. Rheem Manufacturing Co. Bradford White Corp. Other Prominent Vendors AERCO International ECR......
$2500

Global 4K TV Market 2014-2018

The Global Television market is all set to experience a shift from HD video to 4K technology. This innovation will upgrade the television viewing experience of consumers by providing them with video quality that is twice as good as HD and four times that of normal televisions. Large screen televisions in particular will show the pronounced benefits of 4K resolution. The use of 4K enables the display of pictures with enhanced clarity, finer details, and smoothened images. Moreover, 4K technology has a variety of applications ranging from entertainment to aerospace, medical, and defense. TechNavio's analysts forecast the Global 4K TV market will grow at a CAGR of 106.84 percent over the period 2013-2018. Covered in this Report The Global Television market can be categorized into fou......
$2500

Taiwanese Large-area TFT-LCD Panel Industry, 3Q 2014

This research report presents shipment volume and value forecast and recent quarter review of the Taiwanese large-area TFT-LCD panel industry. The report includes shipment volume, value, ASP, shipment by application, etc. The report provides product mix analyses including monitor, notebook PC, and LCD TV panel. The content of this report is based on primary data obtained through interviews with large-area TFT-LCD panel manufacturers. The report finds that the Taiwanese large-area TFT-LCD panel industry's shipment volume grew 9.4% sequentially and 1.4% year-on-year in the second quarter of 2014, to around 59.9 million units. The industry's shipment volume is expected to slip 8.9% sequentially to arrive at 54.6 million units in the third quarter. Companies covered AUO, CPT, Innolux, Ha......
$1980