Air Conditioning Market Top Trends And Statistics

1
Air Conditioning Market worth 24.28 Billion USD
by 2020
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2
Air Conditioning Market - Global Trend and
Forecast to 2020 The increasing demand for
technologies to reduce carbon dioxide emissions
and preserve the environment, has meant that
companies are now developing air conditioning
systems that are more efficient and environment
friendly. The new air conditioning systems would
reduce the compressor's power consumption by 25
per cent, compared to conventional air
conditioning systems, and thus contribute to fuel
savings. PDF Brochure_at_ https//www.marketsandmar
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3
Asia-Pacific Largest market, by value, for
automotive air conditioning The Asia-Pacific
region comprises countries such as China, India,
Japan, and South-Korea. The Chinese automotive
air conditioning market is estimated to lead the
Asia-Pacific region, as it is the largest
producer and consumer of automobiles across the
globe. The recent infrastructure developments and
industrialization activities in India have opened
up new avenues, opportunities, and markets for
OEMs. The demand for passenger cars is growing in
India due to the increase in per capita income.
4
North America One of the key markets for
automotive air conditioning The North American
region comprises the U.S., Canada, and Mexico,
which is a technologically advanced and matured
automotive market. The North American region is
dominated by domestic OEMs such as Ford Motors
Co., General Motors Co., and Fiat-Chrysler
Automotive. The region has high demand for LCVs
which is increasing the demand for enhanced air
conditioning systems. Mexico has seen a growth in
the air conditioning market due to its proximity
to the U.S., one of the largest automobile
markets. Also the North American Free Trade
Agreement (NAFTA) has boosted manufacturing
activity in Mexico. RequestSample_at_
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5
Europe Volatile market for air
conditioning Europe is a matured market for the
automotive industry. Additionally, the European
automotive industry is subjected to stringent
emission regulations. The regulatory norms for
the use of refrigerant have become stringent, for
instance the use of R-134a refrigerant in new
vehicles has been banned. From 1st January 2017,
no new vehicles can use R-134a as a refrigerant.
However, the market is expected to grow owing to
the increasing demand for vehicles. In 2014, the
German auto industry exports witnessed a 7 rise
over 2013 results. This will drive the market for
air conditioning systems in Europe.
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Browse gtgt 95 market data
tables 57 figures
153 pages and in-depth TOC on Air
Conditioning Market - Global Trend and
Forecast to 2020 Early buyers will receive 10
customization on this report. This is a Premium
Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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