Indonesia Air Conditioner Sector to Register 10.6% CAGR through 2022, Says 6Wresearch in Its New Report Now Available at MarketPublishers.com26 May 2016 • by Natalie Aster
LONDON – Southeast Asia has evolved into one of the most attractive investment hubs worldwide. The region has seen a surge in foreign direct investments, which has led to the growth of various infrastructure sectors. Amid all Southeast Asian countries, Indonesia has posted healthy growth across all industry verticals in the recent past. Supported by the rise of infrastructure sectors in Indonesia, the demand for air conditioners has surged, specifically in residential and commercial applications.
Indonesia is the dominant market for air conditioners in Southeast Asia. Soaring investments, private and public infrastructure developments and government plans like 20-year Master Plan and Development Plan, will likely boost government expenditure on different sectors including infrastructure, housing, hospitality, commercial, manufacturing, healthcare and education.
Indonesia’s air conditioner sector is poised to register a 10.6% CAGR through 2022. As of 2015, the domestic air conditioner sector shrank on the back of poor economic conditions, a decrease in investments and the devaluation of the national currency. The elections held in the country also had a bearing on the market demand.
New research report “Indonesia Air Conditioner Market” elaborated by 6Wresearch offers an up-close assessment of the Indian market for air conditioner. It provides historical and forecast data on the global air conditioner marketplace; historical and forecasted market revenue for Indonesia’s air conditioner industry along with market revenue share by type, region, and end-user; and includes Porters 5 forces analysis. The study provides insights into the market dynamics covering key growth drivers and challengers; an overview of trends in the industry. The research report provides detailed market segmentation based on type, end user application, and geography; covering value and volume data for each segment discussed. Furthermore, the report canvasses the competitive scenario and provides profiles of the top 10 players.
More reports by the publisher are available at 6Wresearch page.