News on market Marine Air Conditioner Market | Page 2

The leisure ships segment accounts for the largest market share of Marine Air Conditioner Market
and is estimated to lead the overall market in the upcoming years. The reason being, rising adult
participation in recreational boating activities, rising GDP levels, growing volumes of international
tourism, and increasing disposable incomes. On the other hand, yacht, cruise ships, and passenger
ships are estimated to grow at fastest pace in the upcoming years. Marine Air Conditioner Market is
segmented geographically Americas (North America, Latin America), Europe (Eastern Europe,
Western Europe), Asia Pacific, Latin America, Middle East and Africa.
Globally, North America accounts for the largest market share of Marine Air Conditioner Market and
is estimated to lead the overall market in the upcoming years. The reason being, the presence of key
manufacturers in the region and use of advanced technology. Europe and Asia Pacific follow suit. On
the other hand, Asia Pacific is estimated to grow at fastest pace in the years to come.
The key players of Marine Air Conditioner Market are Vitrifrigo, Cold Chilli, Webasto, HFL Power & Air
GmbH, Veco, LTB, Mermaid Marine Air, and Mave B.V. These players are concentrating on inorganic
growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint
ventures are the need of the hour.
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Market Segment:
Geographically, this report is segmented into several key Regions, with production, consumption,
revenue (million USD), market share and growth rate of Marine Air Conditioner in these regions,
from 2012 to 2022 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India