Global Split Air Conditioning Market 2019-2025
Bharat Book Bureau Provides the Trending Market Research Report on “Global Split Air Conditioning Market 2019-2025 ”under Consumer Goods Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports. Global Split Air Conditioning Market Size, Share & Trends Analysis Report by Application (Residential, Commercial, Industrial, and Others), by Refrigerant Type (HCFC, HFC, HFO, Natural Refrigerant) and Forecast 2019-2025 The global split air conditioning market is forecast to grow at a CAGR of 4% during the forecast period. Split AC comprises of an indoor and an outdoor unit that is connected by a refrigerant piping. There are variations of split-type ACs available in the market. These are inverter split AC, no-inverter split conditioners, and multi-split AC. Major factors augmenting the market are increasing urbanization, increasing disposable income, cohesive government regulations related to refrigerants, adverse climate change and so on. The rise in the demand of inverter AC is providing a significant opportunity to the market. Significant changes will be witnessed during the forecast period. The market is segmented on the basis of application and refrigerant type. By application, the market is segmented into residential, commercial, industrial, and others. The residential segment is expected to show a significant growth rate globally. By refrigerant type, the market is further divided into HCFC, HFC, HFO, and natural refrigerant. As per the Montreal Protocol,