Title: Air Conditioning Market Development & Industry Challenges Report to 2020
1Global Air Conditioning Market 2016-2020
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2Global 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. - View Complete Report _at_ http//www.rnrmarketresearc
h.com/global-air-conditioning-market-2016-2020-mar
ket-report.html
3Global 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. - Purchase a Copy of this Report _at_
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?rname437846
4Global 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. - Inquire on the Report _at_ http//www.rnrmarketresea
rch.com/contacts/inquire-before-buying?rname43784
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5Global 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 - Inquire for Discount _at_ http//www.rnrmarketresearc
h.com/contacts/discount?rname437846 -
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