PPT: Air Conditioning System Market To Witness Huge Growth during 2020-2025

Global Air Conditioning System Market Research Report and Forecast 2025 Report Edition: 2020 © 2020 IMARC All Rights Reserved

Copyright © IMARC Service Pvt Ltd. All Rights Reserved

About IMARC Group

Report Description

The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

Report Description and Highlights

Report Description

Global Air Conditioning System Market Overview: According to the latest report by IMARC Group, titled " Air Conditioning System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 ," the global air conditioning system market size grew at a CAGR of around 10.6% during 2014-2019. An air conditioning system facilitates the removal of heat and moisture present in an enclosed space to alter the overall temperature. The heat is replaced from the given area with chilled dry air while the hot air and moisture are expelled in the atmosphere.

The system restraints the entry of smoke or dust particles and aids in improving the comfort of the dwellers by creating a regulated interior environment. Consisting of fans, compressors, condenser coil, evaporator coil and chemical refrigerants, the suitable thermal condition and superior indoor air quality provided by these systems aid in improving human efficiency and maintaining proper health functions.

Consequently, they have emerged as an indispensable component across domestic, commercial and industrial environments.

Request for a free sample report: https://www.imarcgroup.com/air-conditioning-system-market/requestsample

Report Description and Highlights

Report Description

Global Air Conditioning System Market Trends: The global market is primarily driven by the confluence of numerous factors, including rapid urbanization, rising disposable incomes, shifting lifestyle patterns and altering climatic conditions. This has resulted in a significant increase in the uptake of air conditioning systems, especially in the residential sector. In line with this, the growing global population has contributed to the growth in the construction of housing projects, which is expected to provide a thrust to the market growth.

Moreover, considerable growth in the tourism sector is also catalyzing the market growth. The increasing influx of foreign tourists has led numerous countries to build hotels, auditoriums, multiplexes and shopping complexes to improve their existing infrastructure. Air conditioning systems are crucial for offering convenience to the tourists, which, in turn, influences their spending behavior.

Apart from this, these systems are widely used across numerous organizations to improve working conditions and enhance the overall productivity of the employees.

Furthermore, an enhanced focus toward sustainable development has resulted in an increased demand for energy-efficient air conditioners, which is further creating a positive outlook for the market.

Numerous manufacturers have also developed smart and connected variants that are widely gaining prominence among users. These variants are being integrated with advanced technologies and can be operated using voice commands. On account of the aforementioned factors, the market is anticipated to witness strong growth during 2020-2025.

Report Description and Highlights

Report Description

Global Air Conditioning System Market Segmentation: Breakup by Product Type: • • • •

Unitary Rooftop PTAC Others

On the basis of the product type, the market has been divided into unitary, rooftop, PTAC and others.

Breakup by Distribution Channel: • • • •

Specialty Stores Supermarkets and Hypermarkets Online Others

Based on the distribution channel, the market has been categorized into specialty stores, supermarkets and hypermarkets, online and others.

Report Description and Highlights

Report Description Breakup by Technology: • •

Inverter Non-Inverter

Based on the technology, the market has been bifurcated into inverter and non-inverter.

Breakup by End Use: • • •

Residential Commercial Industrial

On the basis of the end use, the market has been classified into residential, commercial and industrial.

Report Description and Highlights

Report Description Market Segmentation by Region: • • • • •

North America Europe Asia Pacific Middle East and Africa Latin America

On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.

Report Description and Highlights

Report Description

Market Segmentation by Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • • • • • • • • •

Carrier Global Corporation Daikin Industries, Ltd. Electrolux Home Products, Inc. Haier Group Johnson Controls, Inc. Lennox International Inc. LG Electronics, Inc. Midea Group Mitsubishi Electric Corporation Panasonic Corporation Samsung Group

Report Description and Highlights

Report Description

The competitive landscape of the market has been examined with the detailed profiles of the key players operating in the market. Some of these key players include Carrier Global Corporation, Daikin Industries, Ltd., Electrolux Home Products, Inc., Haier Group, Johnson Controls, Inc., Lennox International Inc., LG Electronics, Inc., Midea Group, Mitsubishi Electric Corporation, Panasonic Corporation, Samsung Group.

For more information, click here: https://www.imarcgroup.com/air-conditioning-system-market

A partial List of

We are the trusted business partners to the

Clients world's leading corporates, governments, and ourPartial ClientsList of institutions

A partial List of

We are the trusted business partners to the

of Clients leading corporates, governments, and ourPartial ClientsListworld's institutions

Report Description and Highlights

Report Description

Š 2020 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.

IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

Contact Us

FOR MORE DETAILS Visit us at :

https://www.imarcgroup.com Stay With Us:

TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com