Acumen Research and Consulting Split Air Conditioning Systems Market | Page 2
Brazil, Argentina, South Africa and the USA also showed highest growth in recent
years.
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The demand in India and other South East Asian countries for split air
conditioners is expected to grow in a warm environment as well as the
population and income available. This has led to the establishment of production
units in India by global air conditioning system manufacturers which further
decrease the costs of air conditioners in India. This provides an excellent
opportunity to invest global players in the split-air conditioning system market
in India.
Air conditioning systems have increased their electricity consumption in the last
decade, and thus air conditioning systems manufacturers are using advanced
green technology to create energy efficient systems. The increasing use of green
technologies and the increase in the number of intelligent homes would drive the
market for air conditioning systems in the forecast period.
Regional Outlook
Asia Pacific is the world’s biggest air conditioning system market. Split air
conditioners have a significant market share in the Asia Pacific air conditioning
system market. The demand for split-air conditioners is rising, the hot climate,
higher disposable incomes, changing lifestyles and higher housing throughout
Asia Pacific. Chinese air conditioning systems is the world’s largest divided air
market. Air conditioning systems market dominates divided air conditioners in
China. Mini-split air conditioners are a major part of the market among split air
conditioners. Other major air conditioning divisions are Japan and India in Asia-
Pacific.
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