Zion Market Research Air Conditioning Market, 2016–2024 | Page 2

Air Conditioning Market
Global Air Conditioning Market : Overview
Air conditioning systems manage the temperature and humidity efficiently in a confined space . These systems are installed in residential buildings , commercial buildings , manufacturing industries , hotels , IT parks , retail outlets , and restaurants for one ’ s comfort as well as in various applications such as PCs and laptops .
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Global Air Conditioning Market : Growth Factors
The technological advancement along with the rising urbanization boosts the global air conditioning market . The rising demand for air conditioning systems in the automobiles fuels the global market . The automobiles with well-equipped air conditioning system influence the customer ’ s purchase behavior which , in turn , is expected to drive the global air conditioning market . The increasing railway network in various regions surges the locomotive air conditioning industry , especially in the Asia-Pacific region . The need to reduce the carbon dioxide emission for environment preservation is expected to increase the demand for efficient and eco-friendly air conditioning systems . In the residential and commercial areas , the demand for inverter air