Vietnam Air Conditioner Market (2020-2026) | Outlook, Size, Industry, COVID-19 IMPACT, Forecast, Value, Growth, Revenue, Trends, Analysis, Companies & Share

Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller, and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape

Product Code: ETC004394 Publication Date: Sep 2020 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Vietnam Air Conditioner Market Competition 2023


Vietnam Export Potential Assessment For Air Conditioner Market (USD Values in Thousand)


Vietnam Air Conditioner Market Overiew

The Vietnam Air Conditioner market is experiencing robust growth due to factors such as rising urbanization, changing lifestyles, and climatic conditions. The increasing disposable income of the population contributes to the growing demand for residential and commercial air conditioning systems. Energy efficiency and environmental sustainability are key considerations shaping the market landscape, leading to the introduction of eco-friendly refrigerants and smart air conditioning solutions. Market players are engaged in product innovation and market expansion strategies to meet the evolving demands of consumers in Vietnam`s dynamic air conditioner market.

Drivers of the Market

The Vietnam Air Conditioner market is primarily driven by urbanization, rising temperatures, and increasing disposable income. The growing demand for residential and commercial air conditioning units is fueled by a rising middle class and changing lifestyle patterns. Government initiatives to promote energy-efficient appliances and the construction of smart buildings contribute to the adoption of advanced air conditioning systems. The need for improved indoor air quality in both residential and commercial spaces further propels the air conditioner market in Vietnam.

Challenges of the Market

The Vietnam Air Conditioner market encounters various challenges affecting its growth and sustainability. Energy consumption is a significant concern, with the increasing demand for cooling leading to higher electricity usage and environmental impacts. Affordability remains a challenge for a significant portion of the population, hindering widespread adoption. Moreover, inadequate infrastructure, including the lack of proper electrical systems in some areas, poses challenges to the installation and operation of air conditioning units. To overcome these challenges, there is a need for the development and promotion of energy-efficient technologies, financial incentives for consumers, and improvements in infrastructure to support the broader integration of air conditioning solutions.

COVID 19 Impact on the Market

The Vietnam Air Conditioner market faced challenges during the pandemic as construction projects were delayed, and consumer spending on non-essential goods decreased. However, as the economy recovers, there is an anticipated increase in demand for air conditioning units, driven by urbanization, rising disposable incomes, and a focus on indoor comfort. The market may witness a shift towards energy-efficient and smart air conditioning solutions.

Key Players in the Market

In the dynamic Vietnam Air Conditioner market, key players such as Daikin, Panasonic, LG Electronics, Samsung Electronics, and Mitsubishi Electric dominate the industry. These leading companies have played pivotal roles in shaping the market through their innovative product offerings, energy-efficient solutions, and extensive distribution networks. With a focus on customer satisfaction and sustainability, these key players continue to set industry benchmarks and maintain a competitive edge in the Vietnam Air Conditioner market.

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TABLE OF CONTENTS

1. Executive Summary

2. Introduction

2.1. Report Description

2.2. Key Highlights of the Report

2.3. Market Scope & Segmentation

2.4. Research Methodology

2.5. Assumptions

3. Vietnam Air Conditioner Market Overview

3.1. Vietnam Air Conditioner Market Revenues (2016-2026F)

3.2. Vietnam Air Conditioner Market – Industry Life Cycle

3.3. Vietnam Air Conditioner Market – Porter’s Five Forces

3.4. Vietnam Air Conditioner Market – Ecosystem

3.5. Vietnam Air Conditioner Market Revenue Share, By Types (2019 & 2026F)

3.6. Vietnam Air Conditioner Market Revenue Share, By Applications (2019 & 2026F)

3.7. Vietnam Air Conditioner Market Revenue Share, By Regions (2019 & 2026F)

4. Vietnam Air Conditioner Market Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. Vietnam Air Conditioner Market Trends

6. Vietnam Room Air Conditioner Market Overview

6.1. Vietnam Room Air Conditioner Market Revenues & Volume (2016-2026F)

6.2. Vietnam Room Air Conditioner Market Revenue & Volume Share, By Types (2019 & 2026F)

6.2.1. Vietnam Window Air Conditioner Market Revenues & Volume (2016-2026F)

6.2.2. Vietnam Split Air Conditioner Market Revenues & Volume (2016-2026F)

7. Vietnam Ducted Air Conditioner Market Overview

7.1. Vietnam Ducted Air Conditioner Market Revenues & Volume (2016-2026F)

7.2. Vietnam Ducted Air Conditioner Market Revenue & Volume Share, By Types (2019 & 2026F)

7.2.1. Vietnam Ceiling Concealed Air Conditioner Market Revenues & Volume (2016-2026F)

7.2.2. Vietnam Rooftop Packaged Air Conditioner Market Revenues & Volume (2016-2026F)

8. Vietnam Ductless Air Conditioner Market Overview

8.1. Vietnam Ductless Air Conditioner Market Revenues & Volume (2016-2026F)

8.2. Vietnam Ductless Air Conditioner Market Revenue & Volume Share, By Types (2019 & 2026F)

8.2.1. Vietnam Suspended Air Conditioner Market Revenues & Volume (2016-2026F)

8.2.2. Vietnam Floor Standing Air Conditioner Market Revenues & Volume (2016-2026F)

8.2.3. Vietnam Cassette Air Conditioner Market Revenues & Volume (2016-2026F)

9. Vietnam Centralized Air Conditioner Market Overview

9.1. Vietnam Centralized Air Conditioner Market Revenues (2016-2026F)

9.2. Vietnam Centralized Air Conditioner Market Revenue Share, By Components (2019 & 2026F)

9.2.1. Vietnam AHU/FCU Market Revenues (2016-2026F)

9.2.2. Vietnam Chiller Market Revenues (2016-2026F)

9.2.3. Vietnam VRF Market Revenues (2016-2026F)

9.2.4. Vietnam Other Components Market Revenues (2016-2026F)

10. Vietnam Air Conditioner Market Overview, By Applications

10.1. Vietnam Air Conditioner Market Revenues, By Residential Application (2016-2026F)

10.2. Vietnam Air Conditioner Market Revenues, By Healthcare Application (2016-2026F)

10.3. Vietnam Air Conditioner Market Revenues, By Commercial Offices & Retail Application (2016-2026F)

10.4. Vietnam Air Conditioner Market Revenues, By Transportation Application (2016-2026F)

10.5. Vietnam Air Conditioner Market Revenues, By Hospitality Application (2016-2026F)

10.6. Vietnam Air Conditioner Market Revenues, By Oil & Gas Application (2016-2026F)

10.7. Vietnam Air Conditioner Market Revenues, By Other Applications (2016-2026F)

11. Vietnam Air Conditioner Market Overview, By Regions

11.1. Vietnam Air Conditioner Market Revenues, By Central Region (2016-2026F)

11.2. Vietnam Air Conditioner Market Revenues, By Southern Region (2016-2026F)

11.3. Vietnam Air Conditioner Market Revenues, By Western Region (2016-2026F)

11.4. Vietnam Air Conditioner Market Revenues, By Eastern Region (2016-2026F)

12. Vietnam Air Conditioner Market Key Performance Indicators

13. Vietnam Air Conditioner Market Opportunity Assessment

13.1. Vietnam Air Conditioner Market Opportunity Assessment, By Types (2026F)

13.2. Vietnam Air Conditioner Market Opportunity Assessment, By Applications (2026F)

14. Vietnam Air Conditioner Market – Competitive Landscape

14.1. Vietnam Air Conditioner Market Competitive Benchmarking, By Operating Parameters

14.2. Vietnam Air Conditioner Market Revenue Share, By Types, By Company (2019)

15. Company Profiles

16. Key Strategic Recommendations

17. Disclaimer

India Air Conditioner Market (2020-2026): Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller, and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape

Thailand Air Conditioner Market (2019-2025): Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller, and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape

Malaysia Air Conditioner Market (2019-2025): Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller, and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape

Singapore Air Conditioner Market (2020-2026): Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller, and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape

Indonesia Air Conditioner Market (2019-2025): Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller, and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape

Philippines Air Conditioner Market (2020-2026): Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller, and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape

Sri Lanka Air Conditioner Market (2019-2025): Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller, and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape

Bangladesh Air Conditioner Market (2019-2025): Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller, and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape

Cambodia Air Conditioner Market (2020-2026): Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller, and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape

Myanmar Air Conditioner Market (2020-2026): Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller, and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape

Australia Air Conditioner Market (2019-2025): Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller, and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape

North America Air Conditioner (AC) Market (2019-2025): Market Forecast By AC Types (Room AC, Window AC, Split AC, Ducted AC, Packaged AC, Ceiling Concealed AC, Ductless AC, Suspended Type AC, Cassette AC, Floor Standing AC, Centralized AC, AHU/ FCU, Chiller/ VRF and Others), By Verticals (Residential, Commercial & Retail, Hospitality, Industrial, Government & Transportation and Others), By Countries (United States, Canada and Rest of North America) and Competitive Landscape.

Latin America Air Conditioner Market (2019-2025): Market Forecast By AC Types (Room AC, Window AC, Split AC, Ducted AC, Packaged AC, Ceiling Concealed AC, Ductless AC, Suspended Type AC, Cassette AC, Floor Standing AC, Centralized AC, AHU/ FCU, Chiller/ VRF and Others), By Verticals (Residential, Commercial & Retail, Hospitality, Industrial, Government & Transportation and Others), By Countries (Mexico, Brazil, Argentina and Rest of Latin America) and Competitive Landscape.

Europe Air Conditioner Market (2020-2026): Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller, and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others), By Countries (United Kingdom, Italy, Germany, France, Spain & Rest of Europe) and Competitive Landscape

Asia Pacific (APAC) Air Conditioner (AC) Market (2019-2025): Market Forecast By Types (Room AC (Window & Split), Ducted AC (Ceiling Concealed & Packaged), Ductless AC (Suspended, Floor Standing & Cassette), Centralized AC (VRF, AHU/FCU, Condensing Unit, Chiller, and Others), By Verticals (Residential, Commercial Building & Retail, Govt. & Transportation, Hospitality, Oil &  Gas and Others), By Countries (Indonesia, Malaysia, India, China, Japan, Australia, Thailand and Rest of Asia Pacific) and  Competitive Landscape.

Middle East Air Conditioner Market (2020-2026): Market Forecast By Types (Window AC, Split AC, Ceiling Concealed, Packaged AC, Floor Standing, Cassette Type and Centralized (VRF, AHU/FCU, Condensing Unit, Chiller, and Others)), By Applications (Residential, Commercial & Retail, Hospitality, Oil & Gas, Healthcare and Others), By Countries (Oman, Qatar, UAE, Bahrain, Kuwait & Rest of Middle East) and Competitive Landscape

Africa Air Conditioner Market (2019-2025): Market Forecast By Countries (Egypt, Algeria, Nigeria, South Africa, Ethiopia, Kenya, Tunisia, and Sudan & South Sudan), By Types (Room AC (Window and Split), Ducted AC (Ceiling Concealed and Rooftop Packaged), Ductless AC (Cassette, Floor Standing, and Ceiling Suspended), Centralized AC (VRF, AHU/FCU, Chiller, Condensing Unit and Others including Evaporator Coils and Compressor)), By Applications (Residential, Commercial Offices & Retail, Healthcare, Transport, Hospitality and Others including Education and BFSI) and Competitive Landscape

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