|By PR Newswire||
|April 1, 2014 07:01 PM EDT||
DUBLIN, April 2, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/359dnc/indonesia_air) has announced the addition of the "Indonesia Air Conditioners Market Forecast and Opportunities to 2018" report to their offering.
According to Indonesia Air Conditioners Market Forecast & Opportunities to 2018, majority of the demand for air conditioners is being contributed by the residential sector, but demand from industrial sector is expected to grow at a higher rate because of the implementation of the government's MP3EI Master Plan 2011-2025, which aims at developing economic corridors across all the six regions of the country. It is forecast that Indonesia's air conditioners market will grow at the CAGR of around 13% during 2013-18. The Java region of Indonesia holds the major market share in the Indonesia's air conditioner market, as majority of the country's population resides in this region. However, growing urban population, increasing per capita income and rapid industrialization are likely to fuel the demand for air conditioners in the Sumatra region during the next five years. The key players operating in Indonesia's air conditioning market include Sharp Electronics, Toshiba, Panasonic, LG, Samsung, and Hitachi, with LG holding the leadership position.
Indonesia is the fourth most populated country in the world and consists of 1,750 islands. The country faces extreme humidity throughout the year, which necessitates the requirement for cooling and ventilation. This is contributing significantly to the demand for air conditioners in the country. In addition, the market is also witnessing rapid increase in demand for air conditioners due to the growth in hospitality and food service industries in Indonesia. The split air conditioners segment will continue to dominate the air conditioning market in Indonesia during the forecast period. It is also expected that with increasing awareness about energy conservation, the demand for low voltage and low watt air conditioners would also increase over the coming years. The market is also witnessing an increase in demand for air purifier based air conditioners, and this segment is expected to grow further as a result of increasing awareness about air pollution and its adverse effects on health and environment.
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with air conditioner manufacturers, distributors and industry personnel. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
Key Topics Covered:
1. Analyst Briefing
2. Global Air Conditioners Market Overview
3. Indonesia Air Conditioners Market Outlook
4. Indonesia Split Air Conditioners Market Outlook
5. Indonesia Cassette Air Conditioners Market Outlook
6. Indonesia Portable Air Conditioners Market Outlook
7. Indonesia Window Air Conditioners Market Outlook
8. Market Dynamics
9. Market Trends & Developments
10. Policy & Regulatory Landscape
11. Indonesia Economic Profile
12. Competitive Landscape
13. Strategic Recommendations
14. Research Methodology
- Changhong Indonesia
- LG Electronics Indonesia
- P.T. Hartono Istana Teknologi
- P.T. Mitsubishi Electric Indonesia
- P.T. Samsung Electronics Indonesia
- PT. Daikin Airconditioning Indonesia
- PT. Hitachi Modern Sales Indonesia
- PT. Panasonic Gobel Indonesia
- PT. Sharp Electronics Indonesia
- Toshiba Corporation
For more information visit http://www.researchandmarkets.com/research/359dnc/indonesia_air
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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