Precision Air Conditioner Market Size, Trends & Forecasts | Valuates Reports

Precision Air Conditioner Market Size

The global Precision Air Conditioner revenue was US$ 4926.8 million in 2022 and is forecast to a readjusted size of US$ 7815.6 million by 2029 with a CAGR of 6.8% during the forecast period (2023-2029).

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The key precision air conditioning manufacturers are Vertiv, Stulz, Daikin etc. Top 3 companies occupied about 30% market share. China is the largest market, with a share about 35%, followed by Europe and North America with the share about 20% and 18%.In terms of product, indoor temperature control is the largest segment, with a share over 65%. And in terms of application, the largest application is computer room & data center, followed by telecommunications.

This report focuses on global and India Precision Air Conditioner market, also covers the segmentation data of other regions in regional level and county level.

India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

By Type
• Indoor Temperature Control
• Outdoor Temperature Control

By Application
• Computer Room & Data Center
• Telecommunications
• Medical
• Industrial

Key Companies
Vertiv, Stulz, Daikin, Mitsubishi Electric, Schneider Electric, Envicool, Huawei, YMK, Gree, Midea, Canatal, Eaton, Guangdong Shenling, Euroklimat, Haier, Hisense, Airsys, iTeaQ, Blackshields, Guangdong Jirong, HAIRF

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This release was published on openPR.