Mexico Air Conditioner Market (2016-2022)-6Wresearch
In North America’s air conditioning market, Mexico is one of the key revenue contributing country. Mexico’s economy has been backed by its strong industrial sector, which accounts for approximately 28% of the total GDP.
According to 6Wresearch, Mexico’s Air Conditioner market is projected to grow at a CAGR of 5.69% during 2016-22. During 2015-15, air conditioning market in Mexico registered negative CAGR owing to declining construction market and depreciating country’s currency. However, the market conditions are expected to improve over the next six years, which would spur the growth of the market. As per Mexican government National Infrastructure Program 2014-18, projects worth of $600 billion in private and public sectors are anticipated.
According to Rajat Kharbanda, Senior Consultant, Research and Consulting, 6Wresearch, “Split air conditioners accounted for the highest revenue share in the overall Mexico’s air conditioners market. This was primarily due to the presence of inverter technology and changing building infrastructures.”
“Moreover, rising disposable income and increasing energy consumption concerns have resulted in installation of new energy efficient split air conditioners. Also, new commercial building projects such as Paradox Tower, Metropolitan Centre Tower, and Reforma Office Tower etc. would drive the growth of ductless air conditioner market,” Rajat further added.
According to Sathi Paul, Research Analyst, Research and Consulting, 6Wresearch, “The Central region being the most developed region is the key revenue contributor in the Mexico air conditioner market owing to large retail network as well as the presence of high rise buildings in the region. The region is proposed with construction of more than 100 new building projects which would further fuel growth of the market”.
“Residential and retail sectors are the key market contributors and would maintain their dominance owing to the construction of around 500,000 new houses worth $25 million in Mexico,” Sathi concluded.
Some of the major players in the air conditioner market include – Carrier Mexico S.A. de C.V., Trane S.A. de C.V., Daikin Air-conditioning Mexico, S. de R.L. de C.V., PIMS S.A de C.V., Whirlpool Mexico S.A. de C.V., LG Electronics Mexicali S.A. de C.V., Controladora Mabe S.A. de C.V., Lennox International Inc., Hitaircon S.A. de C.V. and Haier America lnc.
“Mexico Air Conditioner Market (2012-2022)” provides in depth analysis with 42 figures and 7 tables covered in more than 120 pages. The report estimates and forecast the overall Mexico air conditioner market by revenue, by segments such as Window AC, Split AC, Cassette AC, Ceiling Concealed AC, Floor Standing AC, Packed AC, Ceiling Suspended AC, Ducted Split AC and Centralized AC. Verticals include residential, commercial & retail, industrial, government & transportation and others. The study highlights the key potential areas and provides insights on competitive landscape, company profiles, market drivers and restraints.
Source Link: http://www.6wresearch.com/press-releases/mexico-air-conditioner-ac-market-2016-2022-size-growth-opportunity-trends-key-players-share-forecasts-news.html
For Further details, please contact:
Email Us: email@example.com
Call Now: +91-11-430-24-305
With over 1000 custom research projects, 6Wresearch is a global market research and consulting firm specializes in niche and emerging markets.The Company over the past few years has developed itself to be a renowned market intelligence company which led strong emphasis on competitive and strategic intelligence.
809, 8th Floor, Pearls Best Heights - II
Netaji Subhash Place, Pitampura
New Delhi, India-110034
This release was published on openPR.
Permanent link to this press release:
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 Mexico Air Conditioner Market (2016-2022)-6Wresearch here
News-ID: 369282 • Views: 274
More Releases from 6Wresearch- Market Intelligence Solutions
India Agriculture Equipment Market (2019-2025)
Market Forecast By Products (Tractors ( Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Harvesters (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP & 130.1 HP- 200 HP), Threshers (Up To 30 HP & 30.1 HP- 70 HP), Pumps (Up To 30 HP, 30.1 HP- 70 HP, 70.1 HP- 130 HP, 130.1 HP- 200 HP & Above
Commercial Application To Drive The Growth Of UPS Systems In Vietnam - 6Wresearc …
UPS systems are witnessing mounting adoption by different end-user applications ranging from residential households, small commercial offices to large industrial enterprises. Moreover, factors such as inflow of FDI in industrial and manufacturing segments, growing power demand and increasing infrastructure projects in Vietnam have further fueled the demand for UPS systems in the country. According to 6Wresearch, Vietnam UPS Systems Market Revenues are projected to grow at a CAGR of 4.7% during
India Building Automation and Control Market (2017-23)
Market Forecast by Types (HVAC (Thermostat Controller, Zone & Climate Control, Temperature Sensor and Others), Lighting & Control System (Relay System & Controllable Breaker, Sensors & Dimming Systems and Others), Safety & Security System (Video Surveillance Systems, Access Control Systems, Intrusion Detection Systems and Fire & Safety Equipment) and Others), Verticals (Government & Transportation, Retail, Commercial Offices, Residential, Healthcare & Hospitality and Others), Regions (Northern, Eastern, Western and Southern) and
India Dishwasher Market (2018-2024)
Market Forecast By Type (Free-Standing and Built-in), By Applications (Residential and Commercial), By Distribution Channels (Multi Branded Stores, Exclusive Stores and Others), By Regions (Northern, Eastern, Western and Southern) and Competitive Landscape. India dishwasher market is exhibiting a steady growth within the country. Currently, the market is categorized as a niche segment, however, with growing product awareness amongst consumers, the market is anticipated to gain acceleration over the coming years. Increasing
More Releases for Mexico
Mexico Agriculture Market, Mexico Agriculture Industry, Mexico Agriculture Grain …
Mexico Agriculture has been crucial sector of the country’s economy traditionally and politically even if it currently accounts for a really little share of Mexico’s GDP. Mexico is one in all the cradles of agriculture with the Mesoamericans emerging domesticated plants like maize, beans, tomatoes, squash, cotton, vanilla, avocados, cacao, number sorts of spices, and more. Domestic turkeys and Muscovy ducks were the solely domesticated fowl within the pre-Hispanic amount and little dogs
Mexico Cardiac Assist Devices
Mexico Cardiac Assist Devices Overview "Mexico Cardiac Assist Devices Market Outlook to 2025", provides key market data on the Mexico Cardiac Assist Devices market. The report provides value, in millions of US dollars, volume (in units) and average prices (USD) within market segments - Intra-Aortic Balloon Pumps, Total Artificial Heart and Ventricular Assist Devices. Click here for sample report @ https://www.wiseguyreports.com/sample-request/3107735-mexico-cardiac-assist-devices-market-outlook-to-2025 Major Key Players: Abbott Laboratories Medtronic plc Getinge AB. Major Highlight of the report: The report also provides
Mexico targets India’s outbound tourist
* Upbeat on a fourfold jump in tourist from India ** Targets 200,000 tourist by 2022 The Mexico Tourism Board plans to target over 200,000 Indian outbound visitors to Mexico by 2022 from the current count of 70,000 visitors per year from this region. Th above was announced in a seminar organized by The Embassy of Mexico in India and Mexico tourism Board in collaboration with Travel+Leisure India &
Packaged Water in Mexico
ReportsWorldwide has announced the addition of a new report title Packaged Water in Mexico to its growing collection of premium market research reports. Packaged Water in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Energy Drinks in Mexico
ReportsWorldwide has announced the addition of a new report title Energy Drinks in Mexico to its growing collection of premium market research reports. Energy Drinks in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Agrochemicals Market in Mexico
ReportsWorldwide has announced the addition of a new report title Mexico: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “Mexico: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A