Worldwide Air Conditioning Systems Market Shares; Top Manufacturing Companies- Daikin Industries Ltd, Samsung Electronics Co. Ltd., Hitachi Ltd, Denso Corporation, anon Systems, Mitsubishi Heavy Industries
In 2012, the Global Air Conditioning Systems Market was evaluated around USD 82.23 billion and is expected to reach approximately USD 142.74 billion by 2022 while registering itself at a compound annual growth rate (CAGR) of 5.09% over the forecast period.
Competitive Outlook and Trend Analysis:
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The global air conditioning systems market is segmented as follows :
Portable air conditioning systems
Windows air conditioning systems
North America: U.S, Canada, Mexico
Europe: Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific: Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World: Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Growth Booster of Market:
Growing awareness levels and demand for energy efficiency on an international level is anticipated to impact the air conditioning systems industry positively. This is especially acute in developed countries like North America and Europe, owing to high infiltration of air conditioning systems in these countries. Regulatory standards for electrical equipment have demanded the energy efficient systems production and change from conventional equipment. These also a benefit for consumers, as limiting energy ratings also assists in lowering bills of electricity. Furthermore, rising awareness concerning the preservation of the environment is also anticipated to boost the market growth. Domestic production companies, like Chinese market players, trade products at lower prices than the global standard. This ensued in decreased profit margins for market participants, as they have to present competitive prices for customers.
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Table of Contents:
4.Air Conditioning Systems Market, By Equipment
5.Air Conditioning Systems Market, By Application
6.Air Conditioning Systems Market, By Distribution Channel
7.Air Conditioning Systems Market, By Region
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List of Tables:
Table 1.Air Conditioning Systems Market, By Equipment, 2012-2022, ($Million)
Table 2.Portable air conditioning systems Market, By Region, 2012-2022, ($Million)
Table 3.Splits ACs Market, By Region, 2012-2022, ($Million),
Table 4.Windows air conditioning systems Market, By Region ($Million), 2012-2022
Table 5.Chillers Market, By Region ($Million), 2012-2022
Air conditioning systems have application in industrial, automotive, residential, and commercial sectors. Reporting for a market revenue share of around 40% during 2015, the commercial sector ruled the global air conditioning systems industry. This section is balanced to maintain its lead over the forecast period propelled by the rising application of air conditioning systems in fields like construction, tourism and hotel, clinics, healthcare, and hospitals. However, by volume, the residential application sector ruled the overall market during 2015. This section is also likely to grow at the leading compound annual growth rate based on revenue over the projected period.
The Air Conditioning Systems Market report based on our unique research methodology delivers thorough analytical scrutiny of the Market dispersed across several segments. The report also consists of current size and summary of the market of this industry coupled with outlook prospects. Moreover, key market manufacturers of Air Conditioning Systems are studied on many aspects such as company overview, product portfolio, revenue details during the forecasted year. Also, the complete potential of the market is briefed in the full report.
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