Acumen Research and Consulting Split Air Conditioning Systems Market | Page 3

View Detail Information with Complete TOC@ https://www.acumenresearchandconsulting.com/split-air- conditioning-systems-market India is after China and Japan, the third largest divided market for air conditioning systems. Split air-conditioners dominate the room air-conditioning market in India compared to window air-conditioners. In FY06, divisional air conditioning market share increased from 42.0% to 85.0% in FY18. Room air- conditioning systems penetration in India was 4.0% in FY18, as specified in the Blue Star Limited Investor Presentation. Europe is the world’s second largest divided market in air conditioning. Split air conditioners prevail in Europe and mini-split air conditioners play a major role in Europe as part of split air conditioning systems. Russia is Europe’s largest divided air conditioner market. France, Spain, Italy and the United Kingdom are other key split air conditioner markets. Increased demand in air conditioners for VRF (Variable Refrigerant Flow), which are comparatively expensive than other types of air conditioners, is driving Europe’s demand for divided air conditioning systems. The split air conditioners in North America have a minor share in the overall market for air conditioning. Mini-split air conditioners are important, and over the forecast period, the segment is expected to expand. VRF systems are split air conditioning systems that are highly energy-efficient. VRF systems meet high demand in the US, thereby enhancing the general demand in North America for split air conditioning systems. In North America, Canada is an important divided air conditioning market. Explore Our Market Blog@ https://www.acumenresearchandconsulting.com/blogs Would like to place an order or any question, please feel free to contact at [email protected] | [phone]