The global market of Air Conditioning is projected to surpass the value of USD 160 Billion by 2025. The market is expected to grow at significant CAGR of 9.4% between 2020 and 2025. The major market drivers for the global air conditioning market is the growing residential and commercial construction sector. Additionally, the rising number of hotels, hospitals, clinics, multiplexes etc, are further bolstering the market growth. The increasing disposable income have increased the demand for the air conditioning equipment in the residential sector. The manufacturers are continuously upgrading product with innovative technology to reduce the environmental side effects and enhance the efficiency.
The unitary segment held the largest market share throughput the studied period. The unitary air conditioners are also expected to witness significant demand with the rising residential segment. The residential segment is expected to generate maximum revenue for the global air conditioning market. The growing refurbishment and replacement activities in the residential sector is expected to drive the residential segment market growth. The commercial segment is also expected to grow at significant rate during the forecast period providing tremendous business opportunities for the manufacturers. Geographically, the Asia Pacific region is anticipated to grow at highest rate during the forecast period. The region is witnessing rising usage of air conditioners in large countries like China and India. The North America and Europe market are also expected to generate significant revenue in the global air conditioning market.
The Air Conditioning market can be split based on types, technology, end use and important regions.
Major Players in Air Conditioning market are:
- Carrier Corporation
- BSH Hausgerate GmbH
- Daikin Industries; Ltd.
- Ingrasoll-Rand plc.
- Hitachi Ltd
- Mitsubishi Electric
- Whirlpool Corporation
- Haier Inc.
Major Regions play vital role in Air Conditioning market are:
- North America Country (United States, Canada)
- South America
- Asia Country (China, Japan, India, Korea)
- Europe Country (Germany, UK, France, Italy)
- Other Country (Middle East, Africa, GCC)
Major types of Air Conditioning products covered in this report are:
- Unitary
- Rooftop
- PTAC
Major technology of Air Conditioning products covered in this report are:
- Inverter
- Non-inverter
Major end use of Air Conditioning market covered in this report are:
- Residential
- Commercial
- Industrial
There are 13 Chapters to thoroughly display the Air Conditioning market. This report included the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data by types, applications and regions.
Chapter 1: Air Conditioning Market Overview, Product Overview, Market Segmentation, Market Overview of Regions, Market Dynamics, Limitations, Opportunities and Industry News and Policies.
Chapter 2: Air Conditioning Industry Chain Analysis, Upstream Raw Material Suppliers, Major Players, Production Process Analysis, Cost Analysis, Market Channels and Major Downstream Buyers.
Chapter 3: Value Analysis, Production, Growth Rate and Price Analysis by Type of Air Conditioning.
Chapter 4: Downstream Characteristics, Consumption and Market Share by Application of Air Conditioning.
Chapter 5: Production Volume, Price, Gross Margin, and Revenue ($) of Air Conditioning by Regions (2015-2019).
Chapter 6: Air Conditioning Production, Consumption, Export and Import by Regions (2015-2019).
Chapter 7: Air Conditioning Market Status and SWOT Analysis by Regions.
Chapter 8: Competitive Landscape, Product Introduction, Company Profiles, Market Distribution Status by Players of Air Conditioning.
Chapter 9: Air Conditioning Market Analysis and Forecast by Type and Application (2020-2025).
Chapter 10: Market Analysis and Forecast by Regions (2020-2025).
Chapter 11: Industry Characteristics, Key Factors, New Entrants SWOT Analysis, Investment Feasibility Analysis.
Chapter 12: Market Conclusion of the Whole Report.
Chapter 13: Appendix Such as Methodology and Data Resources of This Research.
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