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Air Conditioning Systems

With advancements in air conditioning technology and rising demand in both developed and developing regions, the air conditioning systems market is expected to experience high growth in the coming decade. North America is the largest market for port
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The global air conditioning systems market was temporarily hit by the economic recession of 2008-09 but has since
picked up speed and has made a remarkable recovery. Transparency Market Research, in a report titled “Air
Conditioning Systems Market - Global Scenario, Trends, Industry Analysis, Size, Share and Forecast 2012 - 2018,”
states that the global air conditioning systems market is projected to expand at a 10.50% CAGR from 2012 to 2018,
reaching a value of US$178.4 bn by 2018.
Full Description of Air Conditioning Systems Market is available at:
The report highlights the major factors driving the growth of the global air conditioning systems market and those
that threaten to challenge its expansion over the years. The key opportunities that vendors in this market can
benefit from have also been identified for the readers. According to the report, the air conditioning systems market
is propelled by the rise in consumer awareness about the environment, the growing need for energy efficiency,
which in turn is driving the replacement of conventional air conditioners, the growth of the construction sector, the
surge in disposable incomes in emerging economies, and the improvement in the standard of living across several
countries. On the flip side, the escalating energy consumption, the impact on the environment, and the decline in
profit margins has been hampering the air conditioning systems market. However, the adoption of energy-efficient
air conditioning models in untapped markets of the world has the potential to support the global market in the
coming years.
TMR analysts have employed the Porter’s Five Forces analysis model to carefully examine the threat of new entrants
and substitutes, the bargaining power of buyers and suppliers, and the ongoing competitive rivalry among the
current players within the air conditioning systems market.
The report segments the overall air conditioning systems market based on application and type. By type, the air
conditioning systems market is classified into packaged ACs, room ACs, mini-split ACs, split ACs, terminal AC
systems, ductless AC systems, packaged central ACs, and central ACs. Based on application, the market is divided
into commercial, residential, tourism and hotel, construction, automotive, and industrial.
The global air conditioning systems market is segmented on the basis of geography into Asia Pacific, Europe, North
America, and Rest of the World. The report indicates that Europe and North America are the strongest markets for air
conditioning systems, which also offer considerable scope for future expansion. In 2012, portable air conditioning
systems in North America stood at an estimated 973.7 thousand units, which is forecast to increase to 1,743.7
thousand units by 2018. If these figures stand true, the North America market is projected to expand at a 10.20%
CAGR therein.
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The report identifies and analyzes the prominent players competing in the global air conditioning systems market
and studies their performance and contribution for the period 2012 to 2018. Mitsubishi Corporation, Carrier, Sharp
Corporation, Panasonic, Daikin Industries Ltd., Samsung Electronics, Electrolux AB, LG Electronics, Haier Electronics
Group Co., Ltd., and Hitachi Ltd. are the companies studied in the air conditioning systems market research report
on the basis of company and financial overview and business strategies.
Air Conditioning Systems Market, by Type
> Room Air Conditioners
> Packaged Air Conditioners
> Split Air Conditioners
> Mini-Split Air-Conditioners
> Ductless Air Conditioning Systems
> Terminal Air Conditioning Systems
> Central Air Conditioners
> Packaged Central Air Conditioners
Air Conditioning Systems Market, by Application
> Residential Air Conditioning
> Commercial Air Conditioning
> Construction Sector
> Tourism & Hotel Industry
> Tents: New End-Use Segment
> Industrial Air Conditioning
> Automotive Air Conditioning
Air Conditioning Systems Market, by Geography
> North America
> Asia Pacific
> Europe
> Rest of the World
Download the Brochure of the Report at:
About TMR
Transparency Market Research (TMR) is a global market intelligence company, providing global business
information reports and services. Our exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts,
Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather
and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always
reflects the latest trends and information. With a broad research and analysis capability, Transparency
Market Research employs rigorous primary and secondary research techniques in developing distinctive
data sets and research material for business reports.
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