Vietnam air conditioner market is project to witness double digit growth in the coming years and reach $ 2.9 billion by 2025. Growth of air conditioners market in Vietnam can be attributed to the increasing tourism and hospitality sector, development of energy-efficient air conditioners, increasing urban population and rising temperature levels in Vietnam. Rising disposable income, changing lifestyle and increasing technological innovations are other factors contributing to growth of air conditioners market in the country.

Vietnam air conditioners market is categorized into By Product Type, By End User, By Region and By Company. In terms of Product Type, the market is segmented into Splits, VRFs, Chillers, Windows, and others. Among these, Split air conditioners market captured majority of the market share in 2019 and is anticipated to lead the market throughout the forecast period. In terms of End User, the country’s air conditioners market is segmented into Residential and Commercial/Industrial end user segments. Among these, the residential segment accounted for majority of the market share in the country’s air conditioners market in 2019, and is anticipated to lead the market throughout the forecast period as well due to increasing number of flats, houses, etc. In terms of region, Vietnam air conditioners market is categorized into North Vietnam, Central Vietnam and South Vietnam. South Vietnam region held the largest market share in 2019, followed by North Vietnam and Central Vietnam.

Some of the major players operating in Vietnam air conditioners market include Panasonic Vietnam Co., Ltd., Daikin Air Conditioning Vietnam JSC, LG Electronics Vietnam Haiphong Co., Ltd, Toshiba Carrier Vietnam Air Conditioning Co., Ltd., Sharp Electronics (Vietnam) Company Limited and others.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020E

Forecast Period: 2021F– 2025F

Objective of the Study:

  • To analyze and forecast the market size of Vietnam Air Conditioners market.
  • To classify and forecast Vietnam Air Conditioners market based on product type, end user, regional distribution, and company.
  • To identify drivers and challenges for Vietnam air conditioners market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam Air Conditioners market.
  • To conduct pricing analysis for Vietnam Air Conditioner market.
  • To identify and analyse the profile of leading players involved in the Vietnam Air Conditioners market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufactures across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include manufactures which could not be identified due to the limitations of secondary research. TechSci Research also analyzed the service offerings, and presence of all major manufactures across the country.

TechSci Research calculated the market size of Vietnam air conditioners market using a bottom-up approach, wherein data for various categories across various product types, end users was recorded and forecast for future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Air Conditioners manufacturers, suppliers and other stakeholders
  • Organizations, forums and alliances related to air conditioners market
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as partners, end users, etc,. besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Vietnam air conditioners market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Product Type
    • Splits
    • VRFs
    • Chillers
    • Windows
    • Others
  • Market, By End User:
    • Residential
    • Commercial/Industrial
  • Market, By Region:
    • North Vietnam
    • Central Vietnam
    • South Vietnam
  • Market, By Company:

 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam air conditioners market.

 

Available Customizations

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.     Product Overview

2.     Research Methodology

3.     Analyst View

4.     Voice of Customer

4.1.         Brand Awareness

4.2.         Factors Influencing Purchase Decisions

4.3.         Brand Satisfaction

4.4.         Challenges Faced Post Purchase

5.  Global Air Conditioners Market Overview

6.  Vietnam Air Conditioner Market Outlook

6.1.    Market Size & Forecast

6.1.1. By Value & Volume

6.2.    Market Share & Forecast

6.2.1. By Product Type (Splits, VRFs, Chillers, Windows, and Others)

6.2.2. By End Use Sector (Residential Vs Commercial/Industrial)

6.2.3. By Region (North, Central and South)

6.2.4. By Company

6.3.    Market Attractiveness Index

6.3.1. By Product Type

6.3.2. By Region

7.  Vietnam Split Air Conditioners Market Outlook

7.1.    Market Size & Forecast

7.1.1. By Value & Volume

7.2.    Market Share & Forecast

7.2.1. By End Use Sector (Residential & Commercial/Industrial)

7.3.  Product Benchmarking

8.  Vietnam VRFs Air Conditioners Market Outlook

8.1.    Market Size & Forecast

8.1.1. By Value & Volume

8.2.    Market Share & Forecast

8.2.1. By End Use Sector (Residential & Commercial/Industrial)

8.3.  Product Benchmarking

9.  Vietnam Chillers Air Conditioners Market Outlook

9.1.    Market Size & Forecast

9.1.1. By Value & Volume

9.2.    Market Share & Forecast

9.2.1. By End Use Sector (Residential & Commercial/Industrial)

9.3.  Product Benchmarking

10.  Vietnam Windows Air Conditioners Market Outlook

10.1.    Market Size & Forecast

10.1.1. By Value & Volume

10.2.    Market Share & Forecast

10.2.1. By End Use Sector (Residential & Commercial/Industrial)

10.3.  Product Benchmarking

11.  Vietnam Others Air Conditioners Market Outlook

11.1.    Market Size & Forecast

11.1.1. By Value & Volume

12.  Supply Chain Analysis

13.  Import Export Analysis

14.  Market Dynamics

14.1.    Drivers

14.2.    Challenges

15.  Market Trends & Developments

16.  Policy & Regulatory Landscape

17.  Vietnam Economic Profile

18.  Competitive Landscape

18.1.  Company Profiles

18.1.1.    Panasonic Vietnam Co., Ltd.

18.1.2.    Daikin Air Conditioning Vietnam JSC

18.1.3.    LG Electronics Vietnam Haiphong Co., Ltd

18.1.4.    Carrier Vietnam Air Conditioning Co., Ltd.

18.1.5.    Sharp Electronics (Vietnam) Company Limited

18.1.6.    Mitsubishi Electric Vietnam Co., Ltd

18.1.7.    Samsung Electronics Vietnam

18.1.8.    Gree Co., Ltd. (Vietnam)

18.1.9.    Midea Consumer Electric (Vietnam) Co., Ltd.

18.1.10.  Hoa Phat Refrigeration Engineering Co., Ltd.

19.  Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]
  • Figure 1: Brand Awareness Level, By Company, 2020 (Base= 200)

    Figure 2: Factors Influencing Purchase Decisions, 2020 (Base= 200)

    Figure 3: Customer Brand Satisfaction Level, 2020 (Base= 200)

    Figure 4: Challenges Faced Post Purchase, 2020 (Base= 200)

    Figure 5: Global Air Conditioners Market Size, By Value (USD Billion), By Volume (Million Units), 2015–2019

    Figure 6: Global GDP Per Capita (Current USD), 2015-2018

    Figure 7: Vietnam Air Conditioners Market Size, By Value (USD Million), By Volume (Thousand Units),2015–2025F

    Figure 8: Vietnam Infrastructure Investment Forecast, 220E-2040F (USD Billion)

    Figure 9: Vietnam Air Conditioners Market Share, By Product Type, By Volume, 2015-2025F

    Figure 10: Vietnam Air Conditioners Market Share, By End Use Sector, By Volume, 2015-2025F

    Figure 11: Vietnam Air Conditioners Market Share, By Region, By Value, 2019 & 2025F

    Figure 12: Vietnam Air Conditioners Market Share, By Region, By Value, 2015-2025F

    Figure 13: Vietnam Air Conditioners Market Share, By Company, By Value, 2019

    Figure 14: Vietnam Air Conditioners Market Attractiveness Index, By Product Type, By Value

    Figure 15: Vietnam Air Conditioners Market Attractiveness Index, By Region, By Value

    Figure 16: Vietnam Split Air Conditioners Market Size, By Value (USD Million), By Volume (Thousand Units), 2015–2025F

    Figure 17: Vietnam Split Air Conditioners Market Share, By End Use Sector, By Volume, 2015-2025F

    Figure 18: Vietnam VRFs Air Conditioners Market Size, By Value (USD Million), By Volume (Thousand Units), 2015–

    2025F

    Figure 19: Vietnam VRFs Air Conditioners Market Share, By End Use Sector, By Volume, 2015-2025F

    Figure 20: Vietnam Chillers Air Conditioners Market Size, By Value (USD Million), By Volume (Thousand Units), 2015–

    2025F

    Figure 21: Vietnam Share of FDI Inflows in Real-Estate Sector, 2018

    Figure 22: Vietnam Share of FDI Inflows in Construction Sector, 2018

    Figure 23: Vietnam Chillers Air Conditioners Market Share, By End Use Sector, By Volume, 2015-2025F

    Figure 24: Vietnam GDP (USD Billion), 2014-2018

    Figure 25: Vietnam Window Air Conditioners Market Size, By Value (USD Million), By Volume (Thousand Units), 2015–2025F

    Figure 26: Vietnam Window Air Conditioners Market Share, By End Use Sector, By Volume, 2015-2025F

    Figure 27: Vietnam International Tourists Arrival, 2015-2019 (Million)

    Figure 28: Vietnam Others Air Conditioners Market Size, By Value (USD Million), By Volume (Thousand Units), 2015–2025F

    Figure 29: GDP by Industry & Construction sector of Vietnam (Billion USD), 2017&2018

    Figure 30: Vietnam Window/Wall Air Conditioner Imports with HS Code 841510, By Value (USD Million), 2015-2018

    Figure 31: Vietnam Window/Wall Air Conditioner Exports with HS Code 841510, By Value (USD Million), 2015-2018