Scope in Air Conditioning System Market: Trends, Price, Revenue, Share, Growth and Forecast Until 2026

A recent offering by Fact. MR focusing on the exclusive updates and opportunities in the global air conditioning system market has been broadcasted to its mega-repository. This 170 page study is titled as “Air Conditioning System Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, which acts as an essential tool for various prime players involved in the manufacturing of air conditioning system market. Besides, the report can support readers to gain sharp insights into the market with which they can make informed decisions and also frame effective key strategies for the future. With an extensive forecast to 2026, the study aims to provide a holistic perspective on the market’s growth in terms of revenue in US$ Mn and CAGR.

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According to Fact.MR’s recently compiled report, the global air conditioning system market will record a CAGR of over 6% during the forecast period 2017 to 2026, in terms of value. Global sales of air conditioning systems are estimated to exceed 240,000 Mn units by 2026-end.

4 Key Projections on Future of Air Conditioning System Market for Forecast Period 2017-2026

1. North America is expected to remain the most remunerative market for air conditioning system, with revenues estimated to reach nearly US$ 60,000 Mn by 2026-end. In terms of value, Asia-Pacific excluding Japan (APEJ) is projected to be the fastest expanding market for air conditioning system through 2026. In addition, Europe will account for the second largest revenue share of the market by 2026-end. In contrast, Japan will account for the smallest revenue share of the market during the forecast period.

2. Chillers air conditioning systems are expected to remain dominant in the market, in terms of revenues. Nearly equal market revenue shares are projected to be accounted by window air conditioning systems and single-packaged air conditioning systems through 2026. In addition, window and split air conditioning systems are projected to register a parallel sales expansion through 2026, in terms of value.

3. Industrial applications of air conditioning systems will continue to be the most profitable in the market, closely trailed by their commercial applications.

4. B2B and independent electronic stores will endure as the leading sales channel for air conditioning system in terms of revenues. However, in terms of value, authorized stores will witness the fastest expansion in sales of air conditioning systems through 2026.

Manufacturers Moving toward Greener & Cleaner Cooling Direction

Evolving government mandates dictate equipment manufacturers to shift their focus toward adoption effective alternatives to chemicals, which prevent adverse impacts on the environment. In the cooling arena, manufacturers are now replacing chemical refrigerants emitting GHG such as HFCs, HCFCs and CFCs, with less hazardous green agents that prevent depletion of ozone layer and impact on global warming. The non-synthetic & naturally occurring substances capable of being utilized as cooling agents in air conditioning systems include water, air, ammonia, CO2 and hydrocarbons such as cyclopentane, butane and propane. For OEMs manufacturing air conditioning systems, new challenges are brought by these government regulations in selecting best quality refrigerant and components for handling the specific refrigerant’s performance characteristics and technical challenges. This implies an imperative first step towards a greener and cleaner cooling direction.

North America to Record Highest Sales of Air Conditioning Systems in terms of Volume

Sales of air conditioning systems are slated to remain the largest in North America, in terms of volume, followed by Europe. Ongoing technological innovations, and changing standards of American Society of Heating, Refrigerating and Air Conditioning, along with the presence of many regulatory policies have accelerated demand for eco-friendly, technologically advanced, and energy-efficient air conditioning systems in these regions.

Demand for air conditioning system in Asia-Pacific excluding Japan (APEJ) will remain more concentrated in its emerging countries such as India and China, mainly because of rising living standards and disposable incomes of population in these countries. Volume sales of air conditioning systems will witness the fastest expansion in APEJ through 2026.

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Table of Content:

1. Global Economic Outlook

2. Global Air Conditioning System Market – Executive Summary

3. Global Air Conditioning System Market Overview
3.1. Introduction
3.1.1. Global Air Conditioning System Market Taxonomy
3.1.2. Global Air Conditioning System Market Definition
3.2. Global Air Conditioning System Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Air Conditioning System Market Y-o-Y Growth
3.3. Global Air Conditioning System Market Dynamics
3.4. Supply Chain
3.5. PESTLE Analysis
3.6. Porter’s Five Force Analysis

4. Global Air Conditioning System Market Analysis and Forecast 2012-2026
4.1. Global Air Conditioning System Market Size and Forecast By Product Type, 2012-2026
4.1.1. Portable Air Conditioning Systems Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Window Air Conditioning Systems Market Size and Forecast, 2012-2026
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region

Continued…..

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