Impact of COVID-19 on the market of worldwide room air conditioners industry

07 May 2021 CW Team

The Room Air Conditioners market in the U.S. is estimated at 30 Million Units while China, the world`s second largest economy, is forecast to reach a projected market size of 42.8 Million Units by the year 2027 trailing a CAGR of 12% over the analysis period 2020 to 2027.

According to the "Room Air Conditioners - Global Market Trajectory & Analytics" report, Split, one of the segments analyzed in the report, is projected to record 8% CAGR and reach 166.2 Million Units by the end of the analysis period.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 7.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

Select competitors in the Room Air Conditioner markets among the 42 featured companies are expected to be: Daikin Industries, Ltd., Daikin Industries, Ltd., Daikin Industries, Ltd., Panasonic Corporation and Samsung Electronics.

After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Window segment is readjusted to a revised 7.1% CAGR for the next 7-year period.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..