Infinium Global Research Air Conditioning Systems Market | Page 3

Air Conditioning Systems Market: Trends and Forecast -2024
Furthermore, manufacturer within the global air conditioning are adopting green
technologies and advanced technologies that are making air conditioners systems
energy efficient. This in turn is providing several opportunities for the key players in
the global air conditioning systems market. Moreover, the trend of green
technology and smart homes are expected to create several growth opportunities
for the global air conditioning systems.
Among the geographies, Asia Pacific is dominating the global air conditioners
systems market. The demand for the air conditioners in Asia Pacific is likely driven
by the India, china, and japan. Rising number of automobile is contributing to the
growth of the Air conditioning market in Asia pacific regions. .Moreover, Europe is
anticipated to witness moderate growth owing to the growing awareness about
energy-efficient air conditioning systems in building automation, and control has
driven their demand in the European regions. On the other hand, the changing
standards of American society ongoing technological evolution, and the presence of
several regulatory policies have been accelerating the demand for energy-efficient,
technologically advanced, and eco-friendly air conditioning systems in North
America.
Segment Covered
The report on global air conditioning systems market covers segments such as, type
and end-use. On the basis of type the global air conditioning systems market is
categorized into portable air conditioning systems, cental air conditioning system,
split air conditioning systems, packaged air conditioning systems, chillers and
others. On the basis of end-use the global air conditioning systems market is
categorized into residential, commercial, industrial and automotive.
Geographic Coverage
The countries covered in the North America region include the U.S., Canada, and
Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and
among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are
included in the European region. The U.S. drives the growth in the North America
region as it is the largest market in the region. The Asia-pacific region offers a
substantial potential for the market growth owing to rapid growth in markets such
as India and China. The APAC region is projected to experience a growth at a CAGR
of x.x% over the period of 2018-2024.
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