Air conditioning systems market with Worldwide Industry Analysis to 2 FMI | Page 5

Report
Description
Report Description
Diverse weather conditions, demand for energy efficient products, technological
development and increasing demand from end user sectors is fuelling the growth of
global air conditioning systems market.
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Use of air condition systems working on solar power and other conventional sources is
the upcoming trend in global air conditioning system market. Strict power consumption
and energy regulation norms supported by increasing consumer awareness is a key
challenge for the air conditioning systems market.
Major players in the global air conditioning systems market include Daikin Industries Ltd,
Samsung Electronics, Hitachi Ltd amongst numerous other players.Key players have
adopted strategies including joint ventures along with mergers and acquisitions to
expandglobally and are simultaneously improving their distribution network to establish
strong market presence.
Diverse weather conditions, demand for energy efficient products, technological
development and increasing demand from end user sectors is expected to fuel the
growth of global air conditioning systems market in the coming future.