The consumer is in for another treat as brands bend backwards to introduce another segment of air conditioners.
Perfect for a spread of cooling space, portable air conditioners are nice alternatives to ancient air-conditioning systems as a result of their physical features of being compact and mobile, and no requirement of permanent installation. Portable air conditioners use refrigerants to cut back the temperature. Throughout the cooling method, wet is condensed out of the air and picked up in an exceedingly drain bucket or exhausted out through a drain hose or gaseous out area. The heating uses PTC heating technology, quick heat transfer, high potency, and low-power consumption, resulting in growth of the market.
Currently, a significant challenge moving market growth is the significantly higher power consumption of portable air conditioning as compared to alternative electrical appliances. However, this is often successively increasing the demand and scope for energy-efficient models. Also, carbon emission related to usage of portable air conditioning is further deterring market growth and is anticipated to have important impacts in near future, if not self-addressed properly. This is primarily due to regulations in reducing gas emission and following many relevant international treaties and agreements.
Some of the factors supporting the growth of portable air-conditioning market worldwide include replacement for traditional ACs in developed regions like North America and Europe, growing awareness regarding energy-efficient and eco-friendly products, and increasing demand for technologically advanced portable air conditioners with wise cooling. Additionally, enhancements in housing construction style and rise in the variety of building permits, specifically for industrial infrastructures, is aiding the expansion of portable air-conditioning market. Rise in construction activities in different business verticals is anticipated to support the acceptance of portable air-conditioning systems and drive the demand within a few years.
The development of worldwide portable AC is significant by virtue of the developing household and commercial sectors. This is on the ground that expansion of construction sector particularly makes an uplifted requirement for portable ACs. Strict government regulations and strategies, developing customer desires, and innovative headways are additionally helping drive the development of worldwide portable AC market. The interest for portable AC is exceptionally solid from business segment in the Asia-Pacific region by virtue of climatic varieties. The rising awareness with respect to the need to balance the nature of air is additionally prompting an expansion in the take-up of portable AC in near future.
The portable air-conditioning system market is estimated at USD 680 million in 2018 and is projected to reach USD 1.7 billion by 2025, at a CAGR of 7 percent in the 2018–2025 period. Residential end users make up the vast majority (upwards of 80 percent) of that market globally. Asia-Pacific accounted for the largest market share in 2018; rapid growing economies such as India and China are predicted to be the principal growth regions. This can be credited to growing awareness and inclination toward advanced energy-efficient products, and rising disposable incomes of buyers in the region.
As far as revenue is concerned, Europe is projected to be the second leading market after Asia-Pacific as a result of initiatives from authoritarian bodies to control energy consumption and the need for replacement of existing equipment. Research indicates that the US too is set to embrace portable cooling.
The market is very focused with numerous worldwide players working in similar geologies, with modest product differentiation. Additionally, the worldwide players need to contend with local players who offer comparable items at lesser prices. The nearby players additionally approach a solid circulation channel, which causes them to contend with worldwide players. Some of the key players operating in the global portable AC market include Daikin, LG, Haier, Whynter, Electrolux, Denso, Friedrich Air Conditioning, and Carrier among others.
Some important considerations
Among portable AC applications, portable air conditioner for medium-room segment held the principal share as far as income and utilization in 2018. With cooling limits extending from 7000 BTUs to 10,000 BTUs, these portable ACs cool small- to medium-sized rooms, ranging from 100 to 300 sq. ft. Every unit is ideal for use in a common-size room, a little office, a tiny-vehicle garage, or a little PC server room (with conventional 8-feet roofs). They are additionally cost-efficient and energy-efficient when used as an alternative for central AC, and consequently hold the prime share of overall market, and are predicted to keep up their prevalence over coming years.
Not many people know this, but there are actually two different types of compact air conditioners – portable ACs and ventless ACs, also known as evaporative air cooler. A product that carries just the label portable is outfitted with a hose that transfers hot air from inside a room to the outdoors. This means that it has to be installed next to a window so that the hose can be vented to the outside. A product that includes the word ventless or evaporative does not use a hose for ventilation. Instead, it uses a tank of water and the natural process of water evaporation to cool warm air, and a fan to expel the newly cooled air into the room. Oddly, a ventless portable air conditioner is much more portable than a portable air conditioner since it does not have to be connected to a window. Ventless AC units are easier to move from room to room – like a rolling chair – whereas a portable AC unit requires some extra work to take down and set up.
It may seem like an obvious choice to buy a ventless air conditioner (or evaporative air cooler) because it is a lot more mobile; however, there is actually a more important factor that needs to be taken into consideration before making a purchase. And that is the humidity of where it needs to be installed. Portable and ventless air coolers work in radically different ways. The portable models are ideal for humid climates because they cool the warm air by removing moisture from it, and the ventless AC units for dry climates, because they add moisture back into the air to help cool it. However, there must be a constant supply of fresh air, like an open window or door to avoid overly saturating the air inside the room.
Another factor to consider is a single or dual hose. As the name suggests, this type of portable air conditioner only has one single hose coming out the back of the unit. After the hot air is pulled from the room and sent into the air conditioner, it is passed by the internal coils to be chilled before being pushed back into the room. Some of that air is used to cool the unit down and then sent through the hose and out of the house. That process creates negative pressure.
What this means is that hot air from the outside or other rooms of the home can be sucked into the space through cracks and gaps around doors and windows. Therefore, portable AC units with a single-hose design may have to work harder to keep a room cool if there are a number of air leaks inside the space. For most home applications, however, this negative pressure issue is not really that big of a deal to worry about. A major benefit of using a single-hose air conditioner is that these units are much easier to move to other rooms of your home since the set up is simpler.
Dual-hose portable air conditioners have two hoses coming out the back of the unit. One of the hoses in a dual hose system is used to draw air in from the outdoors and use it to cool down the portable AC unit. The other hose is used to expel that used air out of the home after it has served its purpose. A dual hose design does not cause negative pressure, so there are no concerns there. The main benefit of using a dual-hose air conditioner is that these units can cool down a larger space much quicker because they do not have to work as hard.
After all of the factors are considered, there is not much evidence that either a single- or dual-hose portable air conditioner is a better option but it is worth pointing out what the differences are so that the customer is well informed before making a purchase.
Most room air conditioners are in the 50 to 60 decibel range, or about the same volume as light traffic or conversation. Those who live in homes with central air conditioning may be used to the loud whir and hum of an AC unit getting started, but because the unit is outside, it does not generally matter if the unit is loud. With the portable air conditioner, however, the unit is fully inside the home, so for personal comfort, it may be important to invest in the quietest portable air conditioner.
As consumers become more and more difficult to please, flexible cooling solutions that can be moved from room to room, or pairing a portable AC with a ceiling fan to boost air circulation, and mix hotter and cooler air in the room for more consistent overall cooling, may become very much in demand.