Global Commercial AC Market to grow at a CAGR of 8.98% during 2016-2020

Air conditioning systems in residential, industrial, and commercial sectors consume energy amounting to over 1 trillion kWh per year. The depletion of the ozone layer and the El Nino effect have led to a gradual rise in the global average temperature, resulting in the spring and summer seasons becoming warmer. Increased need for cooling is a fallout of the global climate change, which will heighten the demand for air conditioning systems in the coming years.

Technavios analysts forecast the global commercial air conditioner (AC) market to grow at a CAGR of 8.98% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global commercial air conditioner (AC) market for 2016-2020. To calculate the market size, the report covers market segmentation based on the product types such as unducted standard split, chillers, VRF, air handling units (AHUs), rooftops, ducted standard split, US ducted split, and others.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Commercial Air Conditioner (AC) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Carrier
Daikin Industries
Hitachi
LG Electronics

Download Sample Copy of This Report at: http://www.marketresearchreports.biz/sample/sample/775764

Other prominent vendors
Emerson
Blue Star
GE
Johnson Controls
Panasonic
Airdale
Lennox
Mitsubishi Electric
Rheem

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