AIR CONDITIONING MARKET INCREASING DEMAND, GROWTH ANALYSIS AND FUTURE OUTLOOK BY 2031

Air Conditioning Market Increasing Demand, Growth Analysis and Future Outlook by 2031

Air Conditioning Market Increasing Demand, Growth Analysis and Future Outlook by 2031

Blog Article

The global Air Conditioning market is anticipated to grow at a significant CAGR of 9.7% during the forecast period. One of the major factors driving the growth of the market includes the rapid rise in the global urban population. Ongoing technological advancements to reduce component size and price to increase the affordability of ACs by middle-income individuals is another factor to promote the growth of the air conditioning market, especially in emerging economies across the globe.

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The market is segmented based on applications, type and refrigerant type. Based on application, the market is segmented into residential, commercial, industrial, healthcare, institution, automotive, and other (railways and aerospace). Based on the type, the market is segmented into split and window AC, rooftop, indoor position AC, VRF and, chiller, other. Based on the refrigerant type, the market is segmented into

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  • Market Coverage

  • Market number available for – 2024-2030

  • Base year- 2023

  • Forecast period- 2024-2030

  • Segment Covered- By Source, By Product Type, By Applications

  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill

  • , and others


Global Air Conditioning Market Report Segment

By Application

  • Residential

  • Commercial

  • Industrial

  • Others


By Type

  • Split Type & Window AC

  • Rooftop

  • Indoor Packaged Air Conditioners

  • VRF

  • Chillers

  • Others (AHU/FCU)


By Refrigerant Type

  • HCFC (Hydrochlorofluorocarbons)

  • HFC (Hydrofluorocarbons)

  • HFO ((Hydrofluoric-Olefin))

  • Natural Refrigerant


Global Air Conditioning Market Report Segment by Region

North America

  • United States

  • copyright


Europe

  • UK

  • Germany

  • Italy

  • Spain

  • France

  • Rest of Europe


Asia-Pacific

  • China

  • India

  • Japan

  • South Korea

  • Rest of Asia-Pacific


Rest of the World

  • Latin America

  • Middle East & Africa


The Report Covers

  • Market value data analysis of 2019 and forecast to 2027.

  • Annualized market revenues ($ million) for each market segment.

  • Country-wise analysis of major geographical regions.

  • Key companies operating in the global air conditioning market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

  • Analysis of market-entry and market expansion strategies.

  • Competitive strategies by identifying ‘who-stands-where’ in the market.


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