According to 6Wresearch, India room air conditioner market revenues are projected to grow at a CAGR of 13.7% during 2019-25. Under the new government tax regime, the Goods and Service Tax (GST) coupled with implementation of revised energy efficiency ratings by the Bureau of Energy Efficiency in India in 2018, the room air conditioners were placed in highest tax bracket, which resulted in an increase in the prices, thereby affecting sales in 2017-18. However, the room air conditioner market is expected to recover from the sales slowdown owing to surging construction activities across the residential sector, expansion of SMEs, and upcoming government projects, including the smart cities project in India during the forecast period.
Check Our Press Release:- India Room Air Conditioner (AC) Market
"India Room Air Conditioner Market (2019-2025)" report provides an in-depth analysis with more than 83 figures and 33 tables covered in over 100 pages. The report estimates and forecast the overall India air conditioner market by revenue, volume, types, applications and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
About Us-
6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.
Contact Us: Phone: +911143024305 | Email Id: sales@6wresearch.com
Comments
Post a Comment