The market for air conditioning systems is anticipated to reach USD 123 billion in 2022 and USD 198 billion by 2032, rising at a CAGR of 4.8% between 2022 and 2032. Over the assessment period of 2022–2032, the global market for air conditioning systems is predicted to have an absolute $ potential of USD 75 billion. The demand for energy-efficient air conditioning systems is predicted to drive growth in the North American air conditioning market, which contributed around 25% of the market’s overall worth in 2021.
The detailed research report on the global (Air Conditioning System Market) market focuses on the macro as well as microeconomic factors that are helping its development. The report also concentrates on the regulatory framework that is shaping the future of the global market. Furthermore, the research report also makes not of the existing as well as prevailing pricing structure, emerging areas of applications, and imminent investment opportunities in the global market.
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Key players
- Daikin Industries Ltd.
- Mitsubhishi
- Qingdo Haier
- Samsung Electronics
- Electrolux
- LG Electronics
- Panasonic
- UTC
- Hitachi
- Gree Electric Appliances
- Sharp Corp.
- Midea Group Co. Ltd.
- Carrier Corp
- Fuji Electric
- Honeywall International
- Ingersoll Rand
Key Air Conditioning System Market Survey Highlights and Projections
- MR analysis provides Air Conditioning System Market demand-supply assessment, revealing Air Conditioning System Market sales to grow from 2022 to 2032
- The report provides sales outlook on Air Conditioning System Market, opining Air Conditioning System Market revenues to register a High CAGR during 2022-2032
- Sales Channel will remain the largest category on the basis of retail, holding market share
- Air Conditioning System Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
- Air Conditioning System Market demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
- Japan and South Korea Air Conditioning System Market demand likely to grow at a steady clip during 2022-2032
Global Air Conditioning System Market by Category
- By Product Type :
- Portable Air Conditioning System
- Window Air Conditioning System
- Split Air Conditioning System
- Cassette Air Conditioning System
- Single Packaged Air Conditioning System
- Chillers Air Conditioning System
- Airside Air Conditioning System
- By AC Type :
- Unitary
- Rooftop
- PTAC
- By End-Use :
- Residential
- Commercial
- Industrial
- By Sales Channel :
- B2B
- Authorized Stores
- Independent Electronic Stores
- E-commerce
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Report Benefits & Key Questions Answered
- Air Conditioning System Market Company & brand share analysis: Company and brand share analysis on Air Conditioning System Market reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
- Air Conditioning System Market Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Air Conditioning System Market
- Air Conditioning System Market Category & segment level analysis: Fact.MR’s Air Conditioning System Market sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
What insights does the Air Conditioning System Market report provide to the readers?
- Air Conditioning System Market fragmentation on the basis of product type, end use, and region.
- Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
- Collaborations, R&D projects, acquisitions, and product launches of each Air Conditioning System Market
- Various regulations imposed by the governments on the consumption of Air Conditioning System Market in detail.