Press release
Air Conditioning Market is expected to grow at 9.8% through 2024 to 2030, as per Maximize Market Research
Air Conditioning Market size was valued at US$ 162.81 Bn in 2023 and the total revenue is expected to grow at 9.8% through 2024 to 2030, reaching nearly US$ 313.25 Bn.Air Conditioning Market Overview
The increasing disposable income and worsening thermal conditions have shifted air conditioning systems from a luxury to a necessity. The optimistic growth of the building and tourism industries is expected to further drive the industry.
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Asia Pacific dominated the Air Conditioning Market
During the forecast period of 2024-2030, the global market is predominantly dominated by Asia Pacific. In 2023, Asia Pacific secured the largest market share of 31%, primarily attributed to the rising usage of air conditioners in developing nations such as China and India.
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In recent News
16 Aug 2024, The New York Times, How Air-Conditioning Made Us Expect Arizona to Feel the Same as Maine
10 sept 2024, Row over aircons in classrooms as China swelters
3 sept 2024, How Air Conditioning Took Over the American Office
13 Aug 2024, As temperatures in Italy's Portofino soar to 40 degrees Celsius, residents have taken matters into their own hands by installing air conditioning units without official approval.
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Air Conditioning Market Segmentation
by Technology
Manual/Semi-automatic Air conditioning
Automatic air conditioning
by Component
Compressor
Evaporator
Fan
Condenser Coil
by Product
Room/Unitary Air Conditioners
Chillers
VRF Systems
Coolers
Others
by End-User
Automotive
Commercial
Industrial
Residential
Air Conditioning Market Key Players
Daikin Industries Ltd.
Gree Electrical Appliances, Inc. of Zhuhai
United Technologies Corporation
Midea Group Co. Ltd.
Hitachi-Johnson Controls Air Conditioning, Inc.
Ingersoll-Rand plc.
LG Electronics Inc.
Qingdao Haier Co. Ltd.
Panasonic Corporation
Toshiba Corporation
Eberspaecher
Hanon Systems
Keihin Corporation
Sanden Holdings Corporation
Mitsubishi Heavy Industries Ltd.
Subros Limited
Key questions answered in the Air Conditioning Market are:
What is the size of the market for air conditioning systems?
How fast is the market for air conditioning systems growing?
Which part of the market had the biggest share of air conditioning systems?
Who are the main companies/players in the air conditioning systems market?
What are the factors that propel the air conditioning systems market?
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/market-report/global-air-conditioning-market/28988/
Key Offerings:
Past Air Conditioning Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Air Conditioning Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Air Conditioning Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Air Conditioning Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Maximize Market Research:
Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.
Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.
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