Global Air Conditioning Market 2020-2024

Global Air Conditioning Market 2020-2024

  • August 2020 •
  • 120 pages •
  • Report ID: 3423978 •
  • Format: PDF
Global Air Conditioning Market 2020-2024
The analyst has been monitoring the air conditioning market and it is poised to grow by $ 23.93 billion during 2020-2024, progressing at a CAGR of 3% during the forecast period. Our reports on air conditioning market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rise in residential construction activity and increasing demand for inverter air conditioners. In addition, rise in residential construction activity is anticipated to boost the growth of the market as well.
The air conditioning market analysis includes product segment and geographic landscapes.

The air conditioning market is segmented as below:
By Product
• Splits
• Chillers
• Airside
• Others

By Geographic Landscapes
• APAC
• Europe
• North America
• MEA
• South America

This study identifies the product innovation leading to portfolio extension and product premiumization as one of the prime reasons driving the air conditioning market growth during the next few years.

The analyst 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. Our air conditioning market covers the following areas:
• Air conditioning market sizing
• Air conditioning market forecast
• Air conditioning market industry analysis