Air Conditioning Market Development & Industry Challenges Report to 2020

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Air Conditioning Market Development & Industry Challenges Report to 2020

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The global air conditioning market is highly fragmented due to the presence of numerous small and large vendors. The vendors in the market compete on the basis of services, availability, price, technology, and quality. High vendor competition has led to an increased number of M&A, wherein smaller entities are being acquired by or are merging with major players. – PowerPoint PPT presentation

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Title: Air Conditioning Market Development & Industry Challenges Report to 2020


1
Global Air Conditioning Market 2016-2020


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Global Air Conditioning Market 2016-2020
  • Global air conditioning market to grow at a CAGR
    of around 8 during the forecast period. This
    market research report provides a comprehensive
    segmentation of the global air conditioning
    market by product type (air side systems,
    chillers, portables, single packaged, splits, and
    window units). It outlines the market shares for
    key regions such as the Americas, APAC, Europe,
    and MEA. The key vendors analyzed in this report
    are Daikin, Gree Electric Appliances, Midea,
    Mitsubishi Electric, Panasonic, and Toshiba
    Carrier.
  • The intensifying urban heat island (UHI) effect
    is the primary driver for the growth of this
    market. The UHI effect is a major cause of rising
    temperatures worldwide, with the lack of
    greenery widespread, dark roofs and paved
    surfaces in cities adding to the increased
    absorption of solar radiation. For instance,
    according to the US Environmental Protection
    Agency, the annual mean air temperature of urban
    heat islands with a population of around 1
    million is expected to be nearly five degrees
    Fahrenheit warmer in comparison to other areas.
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    ket-report.html

3
Global Air Conditioning Market 2016-2020
  • The rising awareness about energy efficiency is
    also expected to boost market growth during the
    forecast period. Energy efficiency is of vital
    importance for both consumers and governments as
    unrestricted use of energy has put a high
    pressure on energy supply and also increased its
    cost. Vendors are developing green and efficient
    technologies and are redesigning their product
    offerings to reduce running costs, with a focus
    on sustainability. This is predicted to drive the
    replacement of existing low energy-efficient air
    conditioning equipment during the forecast
    period.
  • Product segmentation and analysis of the global
    air conditioning market Airside systems,
    Chillers, Portables, Single packaged, Splits,
    Window units
  • The splits segment dominated the market during
    2015, with a market share of around 77. The
    replacement of window units by split air
    conditioners, which are comparatively more
    energy-efficient and sleek, is fueling the demand
    for this segment. This research report
    anticipates this segment to retain its market
    leadership until the end of 2020.
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4
Global Air Conditioning Market 2016-2020
  • Geographical segmentation and analysis of the air
    conditioning market Americas, APAC, Europe, MEA
  • APAC accounted for around 62 of the market share
    during 2015 and is expected to retain its market
    leadership until the end of the forecast period.
    The growing urbanization and rising levels of
    income in countries such as India, China, and
    Vietnam are driving the market growth in this
    region. China and Japan are the market leaders in
    APAC accounting for a combined market share of
    around 80.
  • The global air conditioning market is highly
    fragmented due to the presence of numerous small
    and large vendors. The vendors in the market
    compete on the basis of services, availability,
    price, technology, and quality. High vendor
    competition has led to an increased number of
    MA, wherein smaller entities are being acquired
    by or are merging with major players.
  • The leading vendors in the market are Daikin,
    Gree Electric Appliances, Midea, Mitsubishi
    Electric, Panasonic, Toshiba Carrier, The other
    prominent vendors in the market include Blue
    Star, Electrolux, Haier, Hitachi, Ingersoll-Rand,
    Johnson Controls, LG, and Samsung.
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    rch.com/contacts/inquire-before-buying?rname43784
    6

5
Global Air Conditioning Market 2016-2020
  • Key questions answered in the report include
  • What will the market size and the growth rate be
    in 2020
  • What are the key factors driving the global air
    conditioning market
  • What are the key market trends impacting the
    growth of the air conditioning market
  • What are the challenges to market growth
  • Who are the key vendors in this market space
  • What are the market opportunities and threats
    faced by the vendors in the global air
    conditioning market
  • What are the trending factors influencing the
    market shares of the Americas, APAC, Europe, and
    MEA
  • What are the key outcomes of the five forces
    analysis of the air conditioning market
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