Press release
Air Conditioning Systems Market 2022 Development Trends
Crystal Market Research
In 2012, the global air conditioning systems market was evaluated around USD 82.23 billion and is expected to reach approximately USD 142.74 billion by 2022 while registering itself at a compound annual growth rate (CAGR) of 5.09% over the forecast period. Growing awareness levels and demand for energy efficiency on an international level is anticipated to impact the air conditioning systems industry positively. This is especially acute in developed countries like North America and Europe, owing to high infiltration of air conditioning systems in these countries. Regulatory standards for electrical equipment have demanded the energy efficient systems production and change from conventional equipment.
Major Key Player-
Daikin Industries Ltd
Samsung Electronics Co. Ltd.
Hitachi Ltd
Denso Corporation,
anon Systems
Mitsubishi Heavy Industries
Sanden Corporation.
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The global air conditioning systems market is segmented as follows :
By Equipment
• Portable air conditioning systems
• Splits ACs
• Windows air conditioning systems
• Chillers
• Cassette ACs
• Single Packaged
• Airside
By Application
• Commercial
• Automotive
• Residential
• Industrial
•
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Table of contents:
1. Introduction
2. Executive Summary
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rapid growth in the construction and housing sector
3.2.1.2. Stringent government regulations relating to emissions
3.2.1.3. Rising demand from the commercial sector
3.2.2. Restraints
3.2.2.1. Low adoption rate due to high energy consumption
3.2.3. Opportunities
3.2.3.1. Development of Cost-effective Air Conditioning Systems
4. Air Conditioning Systems Market, By Equipment
5. Air Conditioning Systems Market, By Application
6. Air Conditioning Systems Market, By Distribution Channel
7. Air Conditioning Systems Market, By Region
8. Company Profiles
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About Crystal Market Research
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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