Air conditioning (often referred to as AC, A/C) is the process of removing heat and moisture from the interior of an occupied space, to improve the comfort of occupants. Air conditioning can be used in both domestic and commercial environments. This process is most commonly used to achieve a more comfortable interior environment, typically for humans and other animals; however, air conditioning is also used to cool/dehumidify rooms filled with heat-producing electronic devices, such as computer servers, power amplifiers, and even to display and store some delicate products, such as artwork.
Scope of the Report:In the coming years there is an increasing demand for Air Conditioning Systems in the regions of North America and Europe that is expected to drive the market for more advanced Air Conditioning Systems. Increasing of commercial building fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Air Conditioning Systems in developing countries will drive growth in global market.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Air Conditioning Systems market to approach these areas. Analysis of the Air Conditioning Systems market indicated that Asia Pacific would account for the highest sales in 2026 with close to 73 percent of global sales coming from this region, and Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
Although the market competition of Air Conditioning Systems is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Air Conditioning Systems and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
The worldwide market for Air Conditioning Systems is expected to grow at a CAGR of roughly 9.1% over the next five years, will reach 125450 million US$ in 2026, from 81050 million US$ in 2020, according to a new study.
This report focuses on the Air Conditioning Systems in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers Gree
Midea
Daikin
Haier
Johnson ControlsÐHitachi
TCL
AUX
Mitsubishi Electric
Hisense
Toshiba Carrier
Trane
Changhong
Chigo
Sharp
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Split Air Conditioner
Vertical Air Conditioner
Chillers
Market Segment by Applications, can be divided into Residential
Commercial
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Air Conditioning Systems product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Air Conditioning Systems, with price, sales, revenue and global market share of Air Conditioning Systems in 2018 and 2019.
Chapter 3, the Air Conditioning Systems competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Air Conditioning Systems breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Air Conditioning Systems market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Air Conditioning Systems sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
