Press release
Global Air Conditioning System Market: Rising Demand for Cooling Solutions Drives Growth
The global air conditioning system market is expected to reach USD 123 billion in 2022 and USD 198 billion by 2032, increasing at a CAGR of 4.8% between 2022 and 2032. The use of air conditioning systems has expanded in both the residential and commercial sectors as a result of fast industrialization and growing global warming as a result of population growth. Furthermore, increased demand from the residential sector, namely homes, is likely to give significant profit margins to makers of unitary air conditioning systems.In light of current market technical insights for air conditioning systems, the product's capacity to save energy through a speed-controlled compressor, less temperature fluctuations, less noise, higher durability, faster cooling, and optimum energy usage work as actual drivers for this product.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ -https://www.factmr.com/connectus/sample?flag=S&rep_id=411
๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ถ๐ฟ ๐๐ผ๐ป๐ฑ๐ถ๐๐ถ๐ผ๐ป๐ถ๐ป๐ด ๐ฆ๐๐๐๐ฒ๐บ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฏ๐ ๐๐ฎ๐๐ฒ๐ด๐ผ๐ฟ๐
By Product Type :
Portable Air Conditioning System
Window Air Conditioning System
Split Air Conditioning System
Cassette Air Conditioning System
Single Packaged Air Conditioning System
Chillers Air Conditioning System
Airside Air Conditioning System
By AC Type :
Unitary
Rooftop
PTAC
By End-Use :
Residential
Commercial
Industrial
By Sales Channel :
B2B
Authorized Stores
Independent Electronic Stores
E-commerce
By Region :
North America
Latin America
Europe
East Asia
South Asia
Oceania
MEA
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ -https://www.factmr.com/connectus/sample?flag=RC&rep_id=411
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐:
North America is expected to grow at a CAGR of 5.2% during the forecast years of 2022-2032.
The Asia-Pacific air conditioning system market, which includes East Asia and South Asia, accounts for 35.8% of the total market share.
By AC type, Unitary ACs hold nearly 38.9% of the overall AC systems market share.
Packaged terminal air conditioner (PTAC) to account for 33.7% of the global market share.
Residential air conditioning systems currently occupy a significant market share of 35.2% of the total market.
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ:
The global air conditioning system market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced air conditioning system.
Fact.MR has provided detailed information about price points of top manufacturers of air conditioning system market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
Eco Innovation Group, Inc. company developing new and advanced technologies for green energy solutions announced in 2021, the signing of a Letter of Intent (LOI), with Keith E. Prime, who invents technologies for the air conditioning industry. This is likely to make additions to the offerings in line with eco-friendly energy solutions.
Mitsubishi Corporation along with Global Bain Corporation announced in 2022, the launch of ME Innovative Fund. This corporate venture capital (CVC) will invest funds in startups globally, in digital and green-innovation domains. The fund is set up with a commitment to invest approximately USD 43.5 million in capital over ten years.
๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ
Daikin Industries Ltd.
Mitsubhishi
Qingdo Haier
Samsung Electronics
Electrolux
LG Electronics
Panasonic
UTC
Hitachi
Gree Electric Appliances
Sharp Corp.
Midea Group Co. Ltd.
Carrier Corp
Fuji Electric
Honeywall International
Ingersoll Rand
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐๐๐ ๐ก๐ผ๐ - https://www.factmr.com/checkout/411
๐ ๐ผ๐ฟ๐ฒ ๐ฉ๐ฎ๐น๐๐ฎ๐ฏ๐น๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐ ๐ผ๐ป ๐๐ถ๐ฟ ๐๐ผ๐ป๐ฑ๐ถ๐๐ถ๐ผ๐ป๐ถ๐ป๐ด ๐ฆ๐๐๐๐ฒ๐บ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
Fact.MR provides an unbiased analysis of the air conditioning system market, presenting forecast statistics for the period from 2022-2032. The study divulges compelling insights on the global air conditioning system market with a detailed segmentation on the basis of:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email : sales@factmr.com
Website : https://www.factmr.com
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Air Conditioning System Market: Rising Demand for Cooling Solutions Drives Growth here
News-ID: 3082666 • Views: โฆ
More Releases from Fact Mr

Global Feed Grain Market Gains Traction With $69.9 Billion Valuation Forecast by โฆ
The global feed grain market is a crucial pillar of the agricultural and animal husbandry sectors. Feed grains, such as corn, wheat, barley, oats, sorghum, and rye, form the foundation of livestock diets, fueling growth and productivity across poultry, cattle, swine, and aquaculture industries. With the growing global demand for meat, dairy, and animal-derived products, feed grains play an essential role in sustaining the supply chain. As the population increasesโฆ

Edible Food Perfumes Market Set to Flourish Amid Rising Culinary Innovations Glo โฆ
The global edible food perfumes market is undergoing a transformative shift, as the intersection of sensory indulgence and culinary innovation fuels demand for novel food experiences. Edible food perfumes-aromatic sprays or essences applied directly to food or used during preparation-are quickly emerging as a premium trend in the global food and beverage industry. Designed to enhance flavor perception through olfactory stimulation, these fragrances offer consumers a multisensory experience that elevatesโฆ

Global Alginate Market Gains Traction Amid Rising Demand Across Key Applications
The global alginate market is steadily gaining momentum, driven by the diverse applications of this natural polysaccharide in industries ranging from food and beverage to pharmaceuticals and textiles. Derived from brown seaweed, alginate has found increasing relevance due to its unique thickening, gelling, and stabilizing properties. As consumer preference shifts towards clean-label, plant-based, and environmentally sustainable ingredients, the demand for alginate is rising across the globe. The market is poisedโฆ

Global Food-Grade Molds Market Poised for Expansion With 3.2% CAGR Over the Next โฆ
The food industry is undergoing a remarkable transformation, driven by innovations in manufacturing technologies and increasing demand for quality, safety, and consistency. Among the many unsung heroes facilitating this evolution are food grade molds-essential tools that play a pivotal role in shaping, forming, and maintaining hygiene standards during food production. The global food grade molds market is witnessing significant expansion, fueled by advancements in food processing, increasing demand for customizedโฆ
More Releases for Air
Thermoelectric Assemblies Market, By Type (Air to Air, Direct to Air, Liquid to โฆ
The thermoelectric assemblies market is expected to witness market growth at a rate of 8.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on thermoelectric assemblies market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the application of thermoelectric assemblies in the food and beverage industryโฆ
Air Medical Services Market 2019 Development Status - EMS 24-7, Air Methods, PHI โฆ
Global Air Medical Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024 offers a stronger and effective business outlook. The report deals with a complete overview of Air Medical Services market which comprises definitions, a wide range of statements and an entire chain structure. The report delivers an in-depth analysis of different attributes of industries such as trends, developments, policies, and clients operating in different regions. Theโฆ
Air Ambulance Services Market 2019 AMR PHI Air Medical Scandinavian Air Ambulanc โฆ
Air medical services is a comprehensive term covering the use of air transportation, airplane or helicopter, to move patients to and from healthcare facilities and accident scenes. Personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft.
Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2398576 โฆ
Air Ambulance Services Market 2026: Air Methods Corporation, Deccan Charters, Sc โฆ
Coherent Market Insights has announced the addition of the โAir Ambulance Services Market Size Status and Forecast 2026โ, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
Publisherโs Air Ambulance Services market research report provides the newest industry data and industry future trends, allowing you to identify the products andโฆ
Air Ambulance Services Market Growth, & Key Business Strategies by Leading Indus โฆ
Coherent Market Insights has announced the addition of the โAir Ambulance Services Market Size Status and Forecast 2026โ, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast inโฆ
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players โฆ
Coherent Market Insights has announced the addition of the โAir Ambulance Services Market Size Status and Forecast 2026โ, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance ServicesSpeaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in Northโฆ