1h Free Analyst Time
The air conditioning (AC) market is forecasted to grow by USD 14.8 billion during 2023-2028, accelerating at a CAGR of 2.15% during the forecast period. The report on the air conditioning (AC) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in residential construction activity, product innovation leading to portfolio extension and product premiumization, and increasing demand for inverter air conditioners.
The air conditioning (AC) market is segmented as below:
By Product
- Splits
- Chillers
- Airside
- Others
By Distribution Channel
- Offline
- Online
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the air conditioning (AC) market covers the following areas:
- Air conditioning (AC) market sizing
- Air conditioning (AC) market forecast
- Air conditioning (AC) market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global air conditioning (AC) market: Blue Star Ltd., Daikin Industries Ltd., DeLonghi Group, Electrolux group, Emerson Electric Co., Fujitsu Ltd., Haier Smart Home Co. Ltd., Hitachi Ltd., Honeywell International Inc., Johnson Controls International Plc., LG Electronics Inc., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., Trane Technologies Plc, Transform Holdco LLC, Toshiba Corp., Voltas Ltd., and Whirlpool Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in use of R32 refrigerant in split ACs."
According to the report, one of the major drivers for this market is the rise in residential construction activity.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Blue Star Ltd.
- Daikin Industries Ltd.
- DeLonghi Group
- Electrolux group
- Emerson Electric Co.
- Fujitsu Ltd.
- Haier Smart Home Co. Ltd.
- Hitachi Ltd.
- Honeywell International Inc.
- Johnson Controls International Plc.
- LG Electronics Inc.
- MIDEA Group Co. Ltd.
- Mitsubishi Electric Corp.
- Panasonic Holdings Corp.
- Samsung Electronics Co. Ltd.
- Trane Technologies Plc
- Transform Holdco LLC
- Toshiba Corp.
- Voltas Ltd.
- Whirlpool Corp.
